Neotame Market – Global Industry Analysis Report, Share, Size, Growth, Price Trends and Forecast, 2016 – 2024

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Neotame Market Size, Industry Analysis Report,
Regional Outlook, Application Development
Potential, Price Trend, Competitive Market Share
Forecast, 2016 2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of Neotame Market

• U.S. neotame market size, with food beverage
  industry growth in U.S. and Canada, occupies a
  significant regional share.
• The U.S. packaged food market was over USD 335
  billion in 2014, retail stores expansion coupled
  with increase in consumer purchasing power are
  major reasons to drive regional demand.
• Europe, primarily driven regulatory policies
  pertaining to product safety is set to witness
  significant growth.
• EU approval in December 2009 to declare neotame
  safe and to use as artificial sweetener is major
  achievement for industry growth. As per EU, the
  product is known as E961.

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Application Analysis of Neotame Market

• Global artificial sweetener market size is
  forecast to surpass USD 16 million by 2024.
• Aspartame, monosodium glutamate, acesulfame-K,
  saccharin, sodium benzoate, sucralose and neotame
  are the widely acceptable artificial sweeteners
  present in the industry.
• It is an artificial sweetener which possess
  around 8000 times more sweetness than sugar.
• These are synthetically produced and suitable
  substitute of sugar. No calorie addition, similar
  taste, and maintaining low blood sugar levels
  makes them the ideal artificial sweetener.
  Moreover, it is extremely potent, heat-stable,
  rapidly metabolized, and not prone to accumulate
  in the body.

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Competitive Market Share of Neotame Market

• Global neotame market share is competitive and is
  comprised of J.W. Childs, Wuhan Huasweet Co.,
  Jinan Sweet Biotechnology Co., and Jinan Prosweet
  Biotechnology Co. NutraSweet, the U.S. based
  artificial sweetener manufacturing company
  received approval from FDA and EU to use this
  ingredient on commercial purpose. In 2010, the
  company was acquired by J.W. Childs.

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