North America Thaumatin Market to reach USD 14.6 million by 2021

Thaumatin is a protein which is extracted from Katemfe fruit. The fruit is abundantly available in West African rain forest zone. It has been used as a sweetener in cooking and as an alternative to sugar for many years. The fact that it contains only 4 calories per gram despite being thousands of times sweeter than sucrose makes it a great alternate for table sugar in sugar treats.There are no toxicity issues reported regarding the use of thaumatin. It is digested by the body like it does in the case of any other protein. The unique property of thaumatin is that its sweetness builds very slowly on the taste buds and the perception lasts a long time. It is also very easy to handle as it is water soluble and stable to heating.

Rising demand for natural and low calorie sweeteners in food & beverage industries, increase in people with disposable incomes and increase in emphasis towards healthier life styles are expected to drive the thaumatin market. Research activities involving gene modification to produce thaumatin protein will propel the market. However, Katemfe fruit being limited to West Africa only and high cost of extraction are hindering the market growth.

Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/north-america-thaumatin-market-4130/request-sample

The Thaumatin Market is categorized based on the product type, application, end user and region. Based on product type, the market is categorized into pharmaceutical grade, food grade and others. Food grade is expected to hold the largest market share due to the high usage rate of thaumatin in food & beverage industry. Based on application, the market is categorized into Sweetener, Flavoring agent and others. Thaumatin is majorly used as a sweetener due to its high sweet intensity combined with its unique sweetness property.

Based on end users, the market is segmented into Pharmaceuticals, Food and Beverages, Cosmetics, Nutraceuticals and others. Food and beverage industry contributes majorly to the market share due to its high demand in making low calorie sugar treats as well as bakery and confectionary products.
Based on region, the North America market is categorized into U.S and Canada. U.S leads the Thaumatin market due to the high demand for food and beverage products. Canada market is also significantly growing due to the high demand for sugar alternatives.

Some of the major players in this region are Naturex Group, KF Specialty Ingredients Nutraceutical Group, Beneo-Palatinit GmbH, Neptune Bio-Innovations, Parchem Fine & Specialty Chemicals, and Natex.

About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.

Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com

This release was published on openPR.