Neohesperidine DC Market Set for Rapid Growth by 2024

Neohesperidine DC Market: Overview

Neohesperidine dihydrochalcone or NHDC is derived from neo hesperidin and is used as an artificial sweetener. It was developed in the year 1960 by the United States Department of Agriculture research institute. Neohesperidine DC is sweeter than sugar. Hence, it is widely used as the flavor enhancer in the food industry. It has a color that is white to pale yellow and has no odor. Owing to its thermostability it is used in several industrial applications such as in beverages and dairy products.

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Neohesperidine DC Market: Facts

In the year 1988, the European Food Safety Authority confirmed the safety of NHDC. NHDC was approved to be used as a sweetener in the food products by the European Parliament and Council Directive 94/35/EC. The use of lower concentrations of the NHDC as a flavor modifier has gained recognition.

Neohesperidine DC Market: Growth Factors

The main end-user industry that is driving the neohesperidine DC market is the food and beverage industry. The developments that are made in the pharmaceutical and food sectors are increasing the demand for the ready-to-eat food products, packaged foodstuffs, and better alternatives for sugar are the influential factors that are triggering the growth of the market. The neohesperidine DC provides the benefit of increasing the quality of the sweetener blends, thermo-stability, flavor enhancement, and also provides health benefits for illnesses such as diabetes thus driving the growth of the market. There are several factors that limit the growth of the market which includes the increasing preference of the consumers towards natural products, the strong aftertaste of the neohesperidine DC, and the availability of better alternatives as sweetening agents. Another factor that is affecting the growth of the market is the consumption of neohesperidine DC has certain side effects such as migraine and nausea.

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Neohesperidine DC Market: Segmentation

The global market for neohesperidine DC is fragmented into the end-user industry and applications. On the basis of the end-user, the global market is segregated into animal feed, cosmetics, food and beverage, and pharmaceuticals. The food and beverage segment is sub-segmented into carbonated and non-carbonated refreshing drinks, puddings, desserts, sweets, toothpaste, mouthwash, table-top sweeteners, dairy products, ice cream and frozen desserts, and chewing gum. On the basis of the application, the market is categorized into sweetener and flavoring agent.

Neohesperidine DC Market: Regional Analysis

The popularity of the neohesperidine DC is growing in the Europe and the North American sweetener market. There is a significant market growth in Asia Pacific region due to the growing demand for the packaged food and the increasing inclination of the customers towards alcoholic and non-alcoholic beverages. The other factors that are contributing to the growth of the market in Asia Pacific region are rise in the living standards, growing consumption of the processed food, and the rapid rate of urbanization. In the coming years, the market for the neohesperidine DC will develop in all the regions.

Neohesperidine DC Market: Competitive Players

The key market players that are involved in the neohesperidine DC market include Changsha Sunnycare Inc., Gelfix S. A., Kang Biotech, and Bordas Distillations Chinchurreta SA.

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Neohesperidine DC Market: Regional Segment Analysis

  • North America
    • S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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