(EMAILWIRE.COM, December 14, 2017 ) Thaumatin is a protein which is extracted from Katemfe fruit. Thaumatin is a protein which is extracted from Katemfe fruit.The fruit is abundantly available in West African rain forest zone. It has been used as a sweetener in cooking and as an alternative to sugar for many years. The fact that it contains only 4 calories per gram despite being thousands of times sweeter than sucrose makes it a great alternate for table sugar in sugar treats.The Middle East and Africa Thaumatin Market was worth USD 2.7 million in 2016, and is expected to grow at a CAGR of 3.1%, to reach USD 3.2 million by 2021

There are no toxicity issues reported regarding the use of thaumatin. It is digested by the body like it does in the case of any other protein. The unique property of thaumatin is that its sweetness builds very slowly on the taste buds and the perception lasts a long time. It is also very easy to handle as it is water soluble and stable to heating.

Rising demand for natural and low calorie sweeteners in food & beverage industries, increase in people with disposable incomes and increase in emphasis towards healthier life styles are expected to drive the thaumatin market. Research activities involving gene modification to produce thaumatin protein will propel the market. However, Katemfe fruit being limited to West Africa only and high cost of extraction are hindering the market growth.

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The Thaumatin Market is categorized based on the product type, application, end user and region. Based on product type, the market is categorized into pharmaceutical grade, food grade and others. Food grade is expected to hold the largest market share due to the high usage rate of thaumatin in food & beverage industry. Based on application, the market is categorized into Sweetener, Flavoring agent and others. Thaumatin is majorly used as a sweetener due to its high sweet intensity combined with its unique sweetness property. Based on end users, the market is segmented into Pharmaceuticals, Food and Beverages, Cosmetics, Nutraceuticals and others. Food and beverage industry contributes majorly to the market share due to its high demand in making low calorie sugar treats as well as bakery and confectionary products.

Based on region, the thaumatin market is analyzed under Middle East and Africa regions. Due to the abundant supply of Katemfe fruit in western Africa, thaumatin market growth is significant in this region.

Some of the major players in this region are Naturex Group, KF Specialty Ingredients Nutraceutical Group, Beneo-Palatinit GmbH, Neptune Bio-Innovations, Parchem Fine & Specialty Chemicals, and Natex.

Scope of the Middle East and Africa Thaumatin Market Report

• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

• Segment-level analysis in terms of product type, application, end user and region along with market size forecasts and estimations to detect key areas of industry growth in detail

• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

• Study of the effect of exogenous and endogenous factors that affect the market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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