Neohesperidin Market Estimated To Record Highest CAGR By 2031

Neohesperidin Serves Various Benefits Which Amplifies its Global Market

Neohesperidin, a flavoring glycoside, obtained from citrus fruits is utilized along with potassium hydroxide for catalytic hydrogenation and formation of Neohesperidin dihydrochalcone (NHDC) or Neohesperidin DC. Neohesperdin DC is also listed as a Generally Recognized as Safe (GRAS) flavor enhancer by Flavor and Extract Manufacturer’s Association and FDA. As Neohesperidin is the only precursor which can be used to manufacture Neohesperidin DC, its demand is expected to increase as more new entrants are expected in the artificial sweeteners market.

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Multiple Applications in Cosmetics and Personal Care Division Surges the Demand for Neohesperidin

Neohesperidin finds its application in the cosmetics and personal care industry, pertaining to its being naturally sourced from citrus fruits and having a similar fruity smell. The market for neohesperdin is divided according to its grade, end use industry and geographical regions. Neohesperidin is graded according to the purity required for its application.

Commonly it is divided into three types, industrial grade, which is generally used in industries such as cosmetics and personal care. Food grade is utilized by food and beverage industry to either sweeten the product, mask the bitterness and as a feed additive, whereas the pharmaceutical grade is utilized primarily in the manufacturing of sweeteners and as a mask to bitter-tasting drugs.

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Neohesperidin – A Novel Answer to Diabetes

Neohesperidin is a bitter-tasting compound, while NHDC formed after the reaction is extremely sweet, about 1500 times sweeter than sucrose in its purest form. Although being sweet in taste, NHDC is recognized to be a non-caloric sweetener, which further amplifies its application in the food and beverage industry as a substitute to sugar. Being a non-caloric sweetener, Neohesperidin DC is a potential replacement for sweeteners such as sucrose and glucose, which are generally linked as a cause of hyperglycemia.

The global population suffering from diabetes have raised from 108 Mn in 1980 to 422 Mn in 2014. This rise in diabetic population has amplified the demand for artificial sweeteners like Neohesperidin DC, which are proven to help the patient during their fight against diabetes.

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Developing Regions to Experience High Growth In Neohesperidin Market

Several studies published by organizations such as WHO and Diabetes.org show that the population in developing regions of Asia and Africa is worst affected by diabetes. China and India lead the pack with around 170 Mn people being diabetic. It is an estimate by International Diabetes Federation that over 75% of adults with diabetes reside in low- and middle-income countries.

This makes an excellent opportunity for Neohesperidin manufacturers to tag these potential customers. The growth in demand for ready-to-consume (RTC) products and beverages in the region also further bolster the market for Neohesperidin as companies seek to sign supply agreements with RTC manufacturers.

For More Insights- https://www.einpresswire.com/article/557146132/asia-to-account-for-40-of-the-market-share-of-nano-lubricants-over-the-forecast-period

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