Neotame
is a form of artificial sweetener, very similar to aspartame, used by
food manufacturers in place of sucrose or high fructose corn syrup.
Neotame is considered to be seven to thirteen thousand times sweeter
than sucrose, and offer benefits such as high metabolism and low
accumulation in human body. Neotame was introduced by NutraSweet (a
former division of Monsanto), in early 2002 and got approved by the
U.S. Food and Drug Administration (FDA) as an artificial sweetener
and flavor enhancer. It is high intensity sweetener and the only
artificial sweetener which is approved by the U.S. Food and Drug
Administration (FDA) as safe for human consumption. It comes in white
powdered form and offers flexibility to manufacturers while
manufacturing food and bakery products also provides an opportunity
to develop an entire new ranges of products that are capable of
meeting increasing demands of consumers.
Request
to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=16262
Geographically
neotame market is moderately fragmented with number of large player
controlling the global market, and increasing number of domestic
players entering the market place. Global neotame market can be
segmented by regions under North America, Europe, Latin America, Asia
Pacific and Middle East and Africa. The major market which leads the
consumption of neotame are Europe and North America, project a
healthy growth rate, followed by regions like Asia Pacific. Europe
food authorities recently approved neotame for food and beverage
usage, resulting in high demand from the countries like Germany and
U.K. China is the dominant country in Asia-pacific market in terms of
production. The regions like North America and European countries are
expected to show increasing demand for neotame during the forecast
period.
Neotame
market is driven by the increasing preference for food additives and
flavor enhancers. Due to neotame’s properties such as ability to
get rapidly metabolized and get completely eliminated from the body,
is driving the demand for neotame from food manufacturers across the
world. Neotame cost effectiveness also resulting in increasing
preference for its usage in different cosmetics and pharmaceuticals
products. Increasing number of approval from food agencies and
authorities in different countries is also a major factor which is
expected to drive the growth of neotame market. Neotame is also
approved as food additive in Australia and New Zealand.
Neotame
market is widely spread and has major players producing
neotame and also small regional players. Major companies which
dominates the market are Foodchem International Corporation, Fooding
Group Limited, Sweetner Holdings, Inc., Prinova Group LLC, JJD
Enterprises, H & A Canada Inc., Shaoxing Marina Biotechnology
Co.,Ltd., Sweetener India., A & Z Food Additives Co., Ltd., and
Jk sucralose Inc. among others.
No comments:
Post a Comment