Global Brazzein Market, By Percentage Type (≥ 99.0% and ＜ 99.0%), Type (Liquid and Powder), Application (Food, Beverages, Bakery and Confectionary, Pharmaceutical, and Others), and Distribution Channel (Online and Offline), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights: Global Brazzein Market
Data Bridge Market Research analyses that the global brazzein market will project a CAGR of 8.00% for the forecast period of 2022-2029. Growth and expansion of the food and beverages industry industry, growing focus on innovations by the food and beverages sector, rising consumer consciousness towards the benefits of food products rich in high protein content, surging consumption of meat and meat related products around the world and increasing personal disposable income by the major companies are the major factors attributable to the growth of brazzein market. Therefore, the market value, which was USD 0.4 billion in 2020, would rocket up to USD 0.79 billion by 2029.
Brazzein is a protein that is obtained from a West African plant named, Pentadiplandra brazzeana Baillon. Brazzein is a sweet protein which is derived from the fruit of this oubli climbing plant. An alternative to sucrose, brazzein is a natural sweetener that is used in a wide range of applications. Brazzein is 4000 times sweeter than sucrose. Though its price is similar in range with stevia, it is however used in a much lesser quantity. And not just that, even the taste of it is similar to stevia. Therefore, it is financially beneficial for both, the consumers and the producers. Brazzein has a much low calorific value than sucrose and other kinds of sweeteners and flavor enhancers.
Rising personal disposable income and growing consciousness towards maintaining good health and fitness are the major factors fostering the growth of the brazzein market. Changing lifestyle, rising westernization, rising research and development initiatives taken by major companies especially in the developing economies and ever-rising global population are acting as brazzein market growth determinants. Improving distribution channel, rising technological up gradations in the manufacturing technology, growing demand for naturally obtained sweeteners, surging consumption of bakery and confectionary items, and changing tastes and preferences of consumers will further induce growth in the brazzein market value.
However, commercialization of brazzein is an ongoing process for which the patent is not obtained and this will pose a major challenge to the growth of the brazzein market. Fluctuations in the prices of raw materials and supply chain disruptions owing to the pandemic will further restrict the scope of growth for the brazzein market. High cost associated with the research and development activities and pending approvals from the regulatory bodies will also hamper the brazzein market growth rate.
This brazzein market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on brazzein market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Brazzein Market Scope and Market Size
The brazzein market is segmented on the basis of percentage type, type, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on percentage type, the brazzein market is segmented into ≥ 99.0% and ＜ 99.0%.
- Based on type, the brazzein market is segmented into liquid and power.
- Based on the application, the brazzein market is segmented into food, beverages, bakery and confectionary, pharmaceutical, and others. Beverages segment is sub-segmented into alcoholic beverages and non-alcoholic beverages. Bakery and confectionary segment is sub-segmented into desserts, dairy products, jams and jellies and others.
- Based on distribution channel, the brazzein market is segmented into online and offline.
Brazzein Market Country Level Analysis
The brazzein market is analyses and market size, volume information is provided by country, percentage type, type, application and distribution channel as referenced above.
The countries covered in the brazzein market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America and Europe region dominate the brazzein market and will continue to flourish its trend of dominance during the forecast period owing to the fact that the consumers in the developed countries are willing to pay a premium price for the natural and clean label products. Asia-Pacific is set to register the a high growth rate during the forecast period and score the highest CAGR owing to the increasing demand for the natural sweeteners, growing population, changing lifestyle, and increasing personal disposable income.
The country section of the brazzein market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Brazzein Market Share Analysis
The brazzein market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to brazzein market.
Some of the major players operating in the brazzein market are Magellan Life Sciences Ltd., Informa plc, Natur Research Ingredients Inc., MB Group USA, Dow, Bayer AG, DuPont, BASF SE, Kemin Industries, Inc., Cargill, Incorporated, Ingredion, Tate & Lyle, NutraSweetM Co., ADM, Roquette Frères., Ajinomoto Co., Inc., and JK Sucralose Inc., among others.
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