Neotame Market Is Expected To Reach $25.77 Million By 2032

10-Jun-2024 | Zion Market Research

Zion Market Research has published a new report titled “Neotame Market by Application (Carbonated Soft Drinks, Fermented Milk Products, Baked Products, and Others) and by End-User (Agriculture, Cosmetics, Pharmaceutical, and Food & Beverage), And By Region: Global Research Analysis, Latest Industry Insights, Comprehensive Analysis And Forecast 2024-2032”. According to the report, the global neotame market was approximately USD 16.47 Million in 2023 and is predicted to gain revenue of about USD 25.77 Million by 2032, is set to record a CAGR of nearly 5.10% over the period from 2024 to 2032.

Neotame is an artificial sweetener and a flavor enhancer, which is an off-white or white powder with an intensely sweet taste. Neotame enhances flavors and provides great taste when used as a sweetener. Neotame is 8,000 times sweeter than sugar. The high demand in the food industry and low manufacturing costs of neotame are the primary drivers likely to stimulate the growth of the global neotame market in the upcoming years. The growing demand for low-calorie food and calorie-free food products across the globe is anticipated to boost this market’s growth in the future.

Rising health concerns among the people in developing countries are also projected to contribute notably toward the neotame market growth in the future. However, the time-consuming government approval process might limit the neotame market on a global scale in the future.

Browse the full “Neotame Market by Application (Carbonated Soft Drinks, Fermented Milk Products, Baked Products, and Others) and by End-User (Agriculture, Cosmetics, Pharmaceutical, and Food & Beverage), And By Region: Global Research Analysis, Latest Industry Insights, Comprehensive Analysis And Forecast 2024-2032 Report at https://www.zionmarketresearch.com/report/neotame-market

By application, the neotame market includes carbonated soft drinks, fermented milk products, baked products, and others. Carbonated soft drinks are expected to dominate the global neotame market in the future. This can be attributed to the rising acceptance of zero-calorie soft drinks for controlling obesity. By end-user, the neotame market includes agriculture, cosmetics, pharmaceutical, and food and beverage. The food and beverage segment is expected to dominate the neotame market globally in the future, owing to the growing demand for low-calorie food products by the global population.

Global Neotame Market

North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa comprise the regional segment of the global neotame market. The European region held a major revenue share of the global neotame market in 2018 and is expected to continue its regional domination in the upcoming years. This regional growth can be attributed to the growing use of neotame in the food and beverage industry, especially in UK and Russia, and the presence of several regulatory bodies across the region along with the rising promotion of product safety.

The Asia Pacific region is expected to provide significant growth avenues in the global neotame market in the future. The rising health consciousness among the population is the primary factor likely to drive this regional market in the upcoming years. The need for neotame in low-calorie food and beverages is anticipated to further stimulate the growth of this regional market in the future.

Global Neotame Market: Competitive Players

Some of the most important market players in the global neotame market are

  • Shaoxing Marina Biotechnology Co., Ltd
  • Prinova Group LLC
  • A & Z Food Additives Co
  • The NutraSweet Company
  • McNeil Nutritionals
  • Fooding Group Limited
  • JK Sucralose Inc
  • Ingredion Incorporated

This report segments the global neotame market into:

Global Neotame Market: Application Analysis

  • Carbonated Soft Drinks
  • Fermented Milk Products
  • Baked Products
  • Others

Global Neotame Market: End-User Analysis

  • Agriculture
  • Cosmetics
  • Pharmaceutical
  • Food and Beverage

Global Neotame Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed