Market Overview:
The global thaumatin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for thaumatin from the food and beverage industry, rising awareness about its health benefits, and growing applications in pharmaceuticals. However, factors such as high price of thaumatin and stringent regulatory norms may restrain the growth of this market during the forecast period. On the basis of type, the global thaumatin market is segmented into food grade, pharmarceutical grade, and other grades. The food grade segment is expected to account for a major share of this market during the forecast period owing to its widespread use in various types of foods and beverages. On the basis of application, this market is segmented into food products (including confectionery items), beverages (including alcoholic drinks), pharmaceuticals (including nutraceuticals), and other applications (such as personal care products). The food product segment is estimated to account for a major share of this market during 2018-2030 owing to its large consumer base across different regions worldwide. Geographically, North America dominates this global thaumatinmarket followed by Europe due To high demand from countries such as U S A , Canada And Mexico .
Product Definition:
Thaumatin is a protein that occurs naturally in the katemfe fruit, Thaumatococcus daniellii. It is a sweetener with a sweetness that is about 2,000 times greater than sucrose. It has been approved as a food additive in over 100 countries and it can be used to sweeten foods and beverages without adding calories or carbohydrate.
Food Grade:
Food grade thaumatin is a form of dietary fiber obtained from the distillation of certain plant gums. It is used as an additive in food products such as bread, cookies, and other baked goods for providing viscosity and body. The product also helps to increase the shelf life of processed foods by reducing moisture content.
Pharmarceutical Grade:
Pharmarceutical grade thaumatin is a purified form of the active ingredient found in the roots of certain plants. It has been used as an insecticide and to control bleeding from cuts and wounds. Pharmarceutical grade thaumatin is also used as a drug to treat gout, arthritis, rheumatism & fever and it's further use in wound healing treatment along with being an anti-coagulant for patients having heart diseases.
Application Insights:
The others segment includes personal care and cosmetics. The product is widely used in the personal care industry as a thickening agent, which can be applied in various forms such as creams, gels and solutions. It is also used for manufacturing soaps, shampoos and conditioners owing to its excellent foaming properties. Increasing consumer awareness regarding healthy skin has led to increased demand for thaumatin-based products among consumers of all age groups across the globe. This trend is expected to continue over the forecast period driving market growth globally during the study period.
Thaumatin finds applications in several food products including jams/jellies/salsas & pickles along with dairy products like cheese and ice cream due to its sweet taste enhancement property without imparting any calories or sugar content increase on consumption (in food grade).
Regional Analysis:
North America was the largest regional thaumatin market in 2017 owing to high demand from the food and beverage industry. The region is expected to maintain its dominance over the forecast period due to increasing research & development activities by major companies for developing new products. Europe accounted for a significant share of revenue in 2017 owing to growing consumer awareness regarding health benefits of thaumatin, which has resulted into increased product consumption. Asia Pacific is anticipated to be one of the fastest-growing regions with a CAGR exceeding 6% during the forecast period on account of rising population coupled with increasing per capita income levels in emerging economies such as China and India, thereby fueling pharmaceutical industry growth.
Growth Factors:
- Increasing demand for natural and low-calorie sweeteners: The global market for artificial sweeteners is projected to reach USD 10.5 billion by 2021. This growing demand for healthier alternatives is expected to drive the growth of the thaumatin market over the forecast period.
- Rising awareness about the health benefits of thaumatin: Thaumatin has been gaining popularity as a natural, low-calorie and healthy alternative to artificial sweeteners. This is expected to boost its demand in the coming years.
- Growing use of thaumatin in food and beverage products: Thaumatin is being increasingly used in a variety of food and beverage products due to its unique flavor profile and sweetness intensity. This is likely to propel its growth in the near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thaumatin Market Research Report
By Type
Food Grade, Pharmarceutical Grade, Other
By Application
Food, Beverage, Pharmaceutical, Others
By Companies
Naturex, Beneo Palatinit GmbH, Natex, KF Specialty Ingredients
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Thaumatin Market Report Segments:
The global Thaumatin market is segmented on the basis of:
Types
Food Grade, Pharmarceutical Grade, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Beverage, Pharmaceutical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Naturex
- Beneo Palatinit GmbH
- Natex
- KF Specialty Ingredients
Highlights of The Thaumatin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Pharmarceutical Grade
- Other
- By Application:
- Food
- Beverage
- Pharmaceutical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thaumatin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Thaumatin is a protein that helps the body to create new cells.
Some of the major companies in the thaumatin market are Naturex, Beneo Palatinit GmbH, Natex, KF Specialty Ingredients.
The thaumatin market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thaumatin Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thaumatin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thaumatin Market - Supply Chain
4.5. Global Thaumatin Market Forecast
4.5.1. Thaumatin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thaumatin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thaumatin Market Absolute $ Opportunity
5. Global Thaumatin Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thaumatin Market Size and Volume Forecast by Type
5.3.1. Food Grade
5.3.2. Pharmarceutical Grade
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thaumatin Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thaumatin Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Beverage
6.3.3. Pharmaceutical
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thaumatin Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thaumatin Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thaumatin Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thaumatin Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thaumatin Demand Share Forecast, 2019-2026
9. North America Thaumatin Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thaumatin Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thaumatin Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Beverage
9.4.3. Pharmaceutical
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thaumatin Market Size and Volume Forecast by Type
9.7.1. Food Grade
9.7.2. Pharmarceutical Grade
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thaumatin Demand Share Forecast, 2019-2026
10. Latin America Thaumatin Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thaumatin Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thaumatin Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Beverage
10.4.3. Pharmaceutical
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thaumatin Market Size and Volume Forecast by Type
10.7.1. Food Grade
10.7.2. Pharmarceutical Grade
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thaumatin Demand Share Forecast, 2019-2026
11. Europe Thaumatin Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thaumatin Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thaumatin Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Beverage
11.4.3. Pharmaceutical
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thaumatin Market Size and Volume Forecast by Type
11.7.1. Food Grade
11.7.2. Pharmarceutical Grade
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thaumatin Demand Share, 2019-2026
12. Asia Pacific Thaumatin Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thaumatin Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thaumatin Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Beverage
12.4.3. Pharmaceutical
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thaumatin Market Size and Volume Forecast by Type
12.7.1. Food Grade
12.7.2. Pharmarceutical Grade
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thaumatin Demand Share, 2019-2026
13. Middle East & Africa Thaumatin Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thaumatin Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thaumatin Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Beverage
13.4.3. Pharmaceutical
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thaumatin Market Size and Volume Forecast by Type
13.7.1. Food Grade
13.7.2. Pharmarceutical Grade
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thaumatin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thaumatin Market: Market Share Analysis
14.2. Thaumatin Distributors and Customers
14.3. Thaumatin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Naturex
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Beneo Palatinit GmbH
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Natex
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KF Specialty Ingredients
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook