Thaumatin Market

to increasing use of thaumatin in flavored food products such as bread and palm wines.
Pharmaceuticals and cosmetics segments are expected to experience high growth rate in
global thaumatin market during forecast period (2018-2025) owing to increasing use in
formulations as an emulsifier.
Global Thaumatin Market outlook:
Owing to growing demand for natural flavored food products and beverages, North America
held the highest share by volume in global thaumatin market in 2016. In the U.S., thaumatin
is widely accepted as a natural flavoring agent in Coffee drinks, refreshing drinks, yoghurts,
chewing-gum, jams, and jellies, which is expected to fuel market growth.
Europe held second-largest share in global thaumatin market due to wide acceptance of
thaumatin as a sweetener by European Federation. The favorable regulations and rising
consumer awareness regarding ingredients used in the processing of food products is
expected to drive market demand. In addition to this, technological advancements also stands
to be one of the key factors contributing to market growth. For instance, the development of
low cost thaumatin by Unilever by the process of inserting thaumatin producing genes into
bacteria.
Africa is a matured market for thaumatin, as thaumatin fruits are widely harvested in western
Africa region and mainly used to sweeten food products. Some of the key markets in the
region are Ghana and Nigeria.
Key players in Global Thaumatin Market:
Some of the leading key players in global Thaumatin market are Naturex, Beneo Palatinit
GmbH, Natex, KF Specialty Ingredients Nutraceutical Group, and Neptune Bio-Innovations.
For More Information:
https://www.coherentmarketinsights.com/ongoing-insight/thaumatin-market-1454
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