San Francisco, August 08, 2018: Obesity and diabetes are two concerns that is engulfing populations across the world and processed sugar has been identified as the primary culprit as the cause. As a result, newer alternatives to sucrose or table sugar are being harnessed and one of them is neotame – an artificial sweetener that is over thousand times sweeter than traditional ones, is stable against heat, possess extreme potency, can be metabolized rapidly, and research has shown it doesn’t accumulate in the body. According to a recent business intelligence study from TMR Research, the global neotame market is poised for a fruitful future with the demand incrementing at a profitable compound annual growth rate (CAGR) during the forecast period of 2017 to 2025.
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The report, titled “Neotame Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028,” provides comprehensive assessment of all market drivers and restraints, segments it into smaller aspects, explores demand potential of various countries and regions, and has profiled a number of market leading companies for their business overview including headquarters, regional presence, supply chain strength, and product offerings, among others. Essentially, the report has been developed aspiring to act as a reliable tool for its targeted audiences such as frozen food manufacturers, food additives distributors, research and consulting firms, and governmental agencies.
Based on application, the market for neotame can be segmented into carbonated soft drinks, fermented milk products, baked goods, and other food products, whereas on the basis of end use industries, the market can be bifurcated into agriculture, cosmetic, pharmaceutical, and food and beverage. Geographically, North America is currently generating the maximum chunk of demand.
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Shaoxing Marina Biotechnology Co.,Ltd., Prinova Group LLC, Fooding Group Limited, A & Z Food Additives Co, The NutraSweet Company, Ingredion Incorporated, McNeil Nutritionals, and Jk sucralose Inc. are some of the notable companies operating in the global neotame market.