The global demand for Neohesperidine Dihydrochalcone Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Neohesperidine is the flavonoid glycoside naturally found in peel or pulp of the citrus fruits responsible for imparting bitter flavour and taste to the fruit. NeohesperidinDihydrochalcone is obtained by chemical treatment of the Neohesperidin and is used as artificial sweetener and flavouring agent. Neohesperidine Dihydrochalcone is popularly known as Neohesperidine DC or NHDC. It is 1000 times sweeter than sucrose and thus is used as sugar alternative for the diabetic population. It is widely approved food additive and thus is extensively used in the confectionaries, canned vegetables, dairy products, ice-cream, sauce, food supplement and others. Apart from this, it is also used in feed for improving its palatability, cosmetic and personal care product for skin whitening.
Continuously growing demand for pre-packed and processed food and beverages with higher sugar content drives the demand forNeohesperidine Dihydrochalcone. Increasing diabetic population owing to lack of exercise, sedentary lifestyle, poor eating habits and other reasons is generating higher demand for artificial sweeteners. As per American Diabetes Association, in 2018, approximately 34.2 million Americans representing 10.5% of the US population was suffering from diabetes. Increasing use of cosmetic products dedicated for skin care drives the demand for Neohesperidine Dihydrochalcone. Growing customer consciousness towards enhancing beauty, is increasing the market penetration across cosmetic sector.
The 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 inclusive assessment of each application/product segment in the global market of neohesperidine dihydrochalcone.
The entire neohesperidine dihydrochalcone market has been sub-categorized into product type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Flavoring Agent
- Animal Feed
- Food And Beverage
This section covers regional segmentation which accentuates on current and future demand for neohesperidine dihydrochalcone market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Neohesperidine Dihydrochalcone 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 neohesperidine dihydrochalcone market include Changsha Sunnycare, Gelfix, Kang Biotech, Bordas Distillations Chinchurreta, Golden Health, Okay Pharmaceutical, Nutrafur, Layn, Hanfang, Lianyuan Kangbiotech, Shanghai Danfan Network Science & Technology. This section includes 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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
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