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The global cyclamate industry is being aided by the increased demand for the product from the food and beverage industry. The product is 30 times sweeter than sucrose (table sugar) and is used in a wide variety of food products like biscuits, chocolates, and breakfast cereals. The market for cyclamate is driven by the rising demand from the pharmaceutical industry as it is used in a wide variety of drugs. It is readily soluble in both hot and cold liquids. It is comparatively cheaper than most of the other sweeteners; as a result, accelerating its demand in the developing countries, such as India and China. Sodium cyclamate is suitable for diabetes and is tooth-friendly. The rising cases of diabetes and dental problems are supporting the market growth of cyclamate. E-commerce giants such as Amazon.com (NASDAQ: AMZN) are offering a wide variety of food and beverage products through online platforms. This has increased the sales of food and beverage products, which uses cyclamate as an essential ingredient, thereby strengthening the global cyclamate industry.
The Asia Pacific and Europe are expected to witness an extensive growth in the cyclamate industry in the forecast period. The market may, however, witness a hinderance as sodium cyclamate approval in some countries is controversial. In North America, cyclamate is under the re-approval process after the FDA prohibited its usage owing to the probable side effects like bladder cancer.
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The major players in the global cyclamate market are Tongaat Hulett, Productos Aditivos, S.A., Jinyao Ruida (Xuchang)Biology Technology Co., Ltd., Foodchem International Corporation, Golden Time Chemical (Jiangsu) Co., Ltd., Hugestone Enterprise Co., Ltd., and PT. Batang Alum Industrie, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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