The global demand for Neohesperidin Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Neohesperidin dihydrochalcone (NHDC) is an artificial sweetener which is derived from neo hesperidin, a bitter orange and citrus fruits component. It is an efficient sweetener, sweetness and flavour enhancer with non-toxic, low calorific, flavour and bitterness masking characteristics. Neohesperidin has a colour that is white to pale yellow and has no odour. It can be found in oranges, tangerines, grapefruit, and lemons. Neohesperidin dihydrochalcone is used in types of products, including foods, medicines, dietary supplements, cosmetics and feed.
Market Dynamics
The increasing demand for natural sweeteners and flavouring agents worldwide drives the neohesperidin dihydrochalcone market. Moreover, the rise in the diabetic population has amplified the need for artificial sweeteners like neohesperidin DC, which are proven to help patients during their fight against diabetes. Furthermore, rising awareness about the health benefits of neohesperidin dihydrochalcone is propelling the market forward. In addition, global neohesperidine DC is majorly driven by the food and beverage industry. Along with the food and beverage industry, neohesperidin DC finds application as a sweetener in pharma formulations like cough syrups, which are also gaining traction. However, stringent regulatory guidelines for food additives are limiting the market's growth to some extent.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of neohesperidin. The growth and trends of neohesperidin industry provide a holistic approach to this study.
Market Segmentation
This section of the neohesperidin market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Food Grade
- Industrial Grade
- Pharmacy Grade
By Application
- Food
- Chemical Industry
- Medicine
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Neohesperidin market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Neohesperidin Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the neohesperidin market include Biospringer, BASF SE, Cargill, Chr.Hansen Holding A/S, Corbion NV, CP Kelco, DowDuPont, Edlong Dairy Technologies, Firmenich SA, FMC Health and Nutrition. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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