Thaumatin Market, by Application, and End-use Industry – Global Industry Insights,Opportunity Analysis 2018-2025
Global Thaumatin Market – by Application (Flavoring agent, Sweetener, Others), by End-use Industry (Food & Beverages, Pharmaceuticals, Personal Care, Others) – Global Industry Insights, Trends, Outlook and Opportunity Analysis 2018-2025
Global Thaumatin Market – by Application (Flavoring agent, Sweetener, Others), by End-use Industry (Food & Beverages, Pharmaceuticals, Personal Care, Others) – Global Industry Insights, Trends, Outlook and Opportunity Analysis 2018-2025
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REPORT DESCRIPTION<br />
<strong>Thaumatin</strong> <strong>Market</strong>:Outlook<br />
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Owing to growing dem<strong>and</strong> for natural flavored food products <strong>and</strong> beverages, North America held the<br />
highest share <strong>by</strong> volume in global thaumatin market in 2016. In the U.S., thaumatin is widely accepted as<br />
a natural flavoring agent in Coffee drinks, refreshing drinks, yoghurts, chewinggum, jams, <strong>and</strong> jellies,<br />
which is expected to fuel market growth.<br />
Europe held secondlargest share in global thaumatin market due to wide acceptance of thaumatin as a<br />
sweetener <strong>by</strong> European Federation. The favorable regulations <strong>and</strong> rising consumer awareness regarding<br />
ingredients <strong>use</strong>d in the processing of food products is expected to drive market dem<strong>and</strong>. In addition to<br />
this, technological advancements also st<strong>and</strong>s to be one of the key factors contributing to market growth.<br />
For instance, the development of low cost thaumatin <strong>by</strong> Unilever <strong>by</strong> the process of inserting thaumatin<br />
producing genes into bacteria.<br />
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Africa is a matured market for thaumatin, as thaumatin fruits are widely harvested in western Africa<br />
region <strong>and</strong> mainly <strong>use</strong>d to sweeten food products. Some of the key markets in the region are Ghana <strong>and</strong><br />
Nigeria.<br />
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