PPT-Neotame Market: Global Market Insights, Inc.

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Neotame Market 2016 2024
Neotame Market Size, Industry Analysis Report,
Regional Outlook, Application Development
Potential, Price Trend, Competitive Market Share
Forecast, 2016 2024
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Global Market Scenario of Neotame

• Global Neotame Market size will be stimulated by
  the increasing preference for low-calorie foods
  and beverages, due to rise in health
  consciousness among consumers.
• 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.
• Food beverages industry expansion owing to
  increase in consumer affordability accompanied by
  rise in trend among youth for a healthy lifestyle
  are promising factor to drive Asia Pacific
  neotame market size growth. 
• Retailers are getting advantages as private label
  sales is consistently strengthening consumer
  preference for health and fitness.  

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• Change in eating habits and lifestyle due to
  hectic schedule has driven the consumer towards
  packed and processed food items which are likely
  to favor neotame market size growth. Increase in
  consumer spending in restaurant and drinking
  place is another lucrative distribution
  destination for industry manufacturers.
• Biotechnological applications interest is
  increasing in recent years, as biotechnology
  offers a feasible opportunity to replace
  synthetic with a bio-based product, that can be
  label natural, as per current food regulations.
• Synthetic biology is at nascent stage has and has
  experienced significant gains over the past few
  years owing to industry and government support.
  Global synthetic biology industry was valued at
  around USD 1 billion in 2010 may surpass USD 10.5
  billion by 2016.
• Get more detail _at_ https//www.gminsights.com/indus
  try-analysis/neotame-market

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360 Analysis

• Application Analysis
• Neotame market applications include
  confectioneries baked goods, dairy products,
  and beverages. Jams, jellies, pudding, candies,
  and powdered drink mixes are few major
  contributing products. Processed food products
  industry expansion owing to increase in consumer
  spending are key reasons to fuel industry growth.
  
• Regional Analysis
• 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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• Competitive Market Share
• 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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