Global neotame market expected to generate around USD 17 million by 2025, at a CAGR of around 7.45% between 2019 and 2025. 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 report covers a forecast and an analysis of the neotame market on a global and regional level. The study provides historical data of 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million) and volume (Tons). The study includes drivers and restraints of the neotame market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the neotame market globally.
In order to give the users of this report a comprehensive view of the neotame market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolio of various companies according to regions.
The study provides a decisive view of the neotame market by segmenting the market based on application, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some industry players of the global Neotame market include Shaoxing Marina Biotechnology Co., Ltd., Prinova Group LLC, A & Z Food Additives Co., The NutraSweet Company, McNeil Nutritionals, Fooding Group Limited, JK Sucralose Inc., and Ingredion Incorporated.
This report segments the global neotame market into:
Global Neotame Market: Application Analysis
Global Neotame Market: End-User Analysis
Global Neotame Market: Regional Analysis
List of Figures
1. Market research process
2. Market research methodology
3. Global Neotame market revenue & volume, 2016 – 2025(USD Million) (Tons)
4. Porter’s Five Forces Analysis
5. Neotame market attractiveness analysis, by Application
6. Neotame market attractiveness analysis, by End-user
7. Neotame market: market attractiveness analysis, by region
8. Company market share analysis, 2018
9. Global Neotame market revenue & volume share by Application, 2018 and 2025
10. Global Neotame market for Carbonated Soft Drinks, 2016 – 2025(USD Million)(Tons)
11. Global Neotame market for Fermented Milk Products, 2016 – 2025(USD Million) (Tons)
12. Global Neotame market for Baked Products, 2016 – 2025(USD Million) (Tons)
13. Global Neotame market for Others, 2016 – 2025 (USD Million) (Tons)
14. Global Neotame market revenue & volume share by End-user, 2018 and 2025
15. Global Neotame market for Agriculture, 2016 – 2025(USD Million) (Tons)
16. Global Neotame market for Cosmetics, 2016 – 2025(USD Million) (Tons)
17. Global Neotame market for Pharmaceutical, 2016 – 2025(USD Million) (Tons)
18. Global Neotame market for Food & Beverage, 2016 – 2025(USD Million) (Tons)
List of Tables
1. Neotame market: market snapshot
2. Drivers of global Neotame market: impact analysis
3. Restraints of global Neotame market: impact analysis
4. North America Neotame market revenue & volume, by Application, 2016 – 2025(USD Million) (Tons)
5. North America Neotame market revenue & volume, by End-user, 2016 – 2025(USD Million) (Tons)
6. The U.S. Neotame market revenue & volume, by Application, 2016 – 2025(USD Million) (Tons)
7. The U.S. Neotame market revenue & volume, by End-user, 2016 – 2025(USD Million) (Tons)
8. Europe Neotame market revenue & volume, by Application, 2016 – 2025(USD Million) (Tons)
9. Europe Neotame market revenue & volume, by End-user, 2016 – 2025(USD Million) (Tons)
10. UK Neotame market revenue & volume, by Application, 2016 – 2025(USD Million) (Tons)
11. UK Neotame market revenue & volume, by End-user, 2016 – 2025(USD Million) (Tons)
12. Germany Neotame market revenue & volume, by Application, 2016 – 2025(USD Million) (Tons)
13. Germany Neotame market revenue & volume, by End-user, 2016 – 2025(USD Million) (Tons)
14. France Neotame market revenue & volume, by Application, 2016 – 2025(USD Million) (Tons)
15. France Neotame market revenue & volume, by End-user, 2016 – 2025(USD Million) (Tons)
16. Asia Pacific Neotame market revenue & volume, by Application, 2016 – 2025(USD Million) (Tons)
17. Asia Pacific Neotame market revenue & volume, by End-user, 2016 – 2025(USD Million) (Tons)
18. China Neotame market revenue & volume, by Application, 2016 – 2025(USD Million) (Tons)
19. China Neotame market revenue & volume, by End-user, 2016 – 2025(USD Million)(Tons)
20. Japan Neotame market revenue & volume, by Application, 2016 – 2025(USD Million) (Tons)
21. Japan Neotame market revenue & volume, by End-user, 2016 – 2025(USD Million)(Tons)
22. India Neotame market revenue & volume, by Application, 2016 – 2025(USD Million) (Tons)
23. India Neotame market revenue & volume, by End-user, 2016 – 2025(USD Million)(Tons)
24. Latin America Neotame market revenue & volume, by Application, 2016 – 2025(USD Million) (Tons)
25. Latin America Neotame market revenue & volume, by End-user, 2016 – 2025(USD Million) (Tons)
26. Brazil Neotame market revenue & volume, by Application, 2016 – 2025(USD Million) (Tons)
27. Brazil Neotame market revenue & volume, by End-user, 2016 – 2025(USD Million) (Tons)
28. The Middle East and Africa Neotame market revenue & volume, by Application, 2016 – 2025(USD Million)
29. The Middle East and Africa Neotame market revenue & volume, by End-user, 2016 – 2025(USD Million)
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. Neotame is a dipeptide methyl ester derivate, which is produced and manufactured from the chemical reaction of 3, 3-dimethylbutyraldehyde and aspartame followed by drying, purification, and milling procedures. Neotame keeps the calorie level low in an individual by regulating the body’s blood sugar level. This attribute makes neotame a desirable product for health-conscious individuals.
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.
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.
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.
Some industry players of the global Neotame market include Shaoxing Marina Biotechnology Co., Ltd., Prinova Group LLC, A & Z Food Additives Co., The NutraSweet Company, McNeil Nutritionals, Fooding Group Limited, JK Sucralose Inc., and Ingredion Incorporated.
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