The global Thaumatin market was valued at 16.66 Million USD in 2021 and will grow with a CAGR of 5.25% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

This report studies the thaumatin market, thaumatin is a low-calorie sweetener and flavour modifier. The protein is often used primarily for its flavour-modifying properties and not exclusively as a sweetener. The thaumatins were first found as a mixture of proteins isolated from the katemfe fruit (Thaumatococcus daniellii Bennett) of West Africa. Some proteins in the thaumatin family of sweeteners are roughly 2000 times more potent than sugar. Although very sweet, thaumatin`s taste is markedly different from sugar. The sweetness of thaumatin builds very slowly. Perception lasts a long time, leaving a liquorice-like aftertaste at high usage levels. Thaumatin is highly water-soluble, stable to heating, and stable under acidic conditions. Firstly, as being the most intense natural sweetener thaumatin has the extraordinary property of enhancing the taste of lower quantities of salt and sugar in food products - so there is no loss of tastiness. Due to its characteristics, it is popular in the developed districts such as USA, Europe and Oceania. Secondly, compared to synthetic sweeteners which have many side effects to humans` health, sweeteners extracted from nature plants is beneficial to humans and is considered to replace the synthetic sweeteners. So thaumatin extracted from thaumatococcus daniellii bennett is becoming popular in the world. The production increases to 169.07 MT in 2016 from 138.47 MT in 2012. Thirdly, Europe is the main manufacturing region, much larger than other districts. In 2016, the production is 137.42 MT, which take 81.28% of the global production. USA and Oceania are the other two main manufacturing districts.

By Market Verdors:

Naturex

Beneo Palatinit GmbH

Natex

KF Specialty Ingredients

By Types:

Food Grade

Pharmarceutical Grade

By Applications:

Food

Beverage

Pharmaceutical

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

Besides the standard structure reports, we also provide custom research according to specific requirements