Press Release

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Saccharin Market to Grow at a CAGR of 2.3% between 2020-2025.

According to a new report by EMR titled, ‘Global Saccharin Market Report and Forecast 2020-2025’, the global saccharin market reached 33 kilo metric tons in 2019, growing by about 5.7% from 2017. The market is further projected to grow at a CAGR of 2.3% in the period 2020-2025.

Saccharin is a high intensity artificial sweetener which is 300 to 500 times sweeter than sucrose/sugar while also carrying zero calories. It is preferred over other high intensity sweeteners as it has no side effects and is more cost effective than the other available options. The stability and compatibility of saccharin also makes it a popular option. Saccharin is mostly consumed in the food and beverage sector, with the rising demand for low calorie foods and the growing disposable income among the consumers.

The saccharin market has been driven by rising health concerns and growing awareness of the detrimental effects of sugar. The increase in the number of cases of diabetes and obesity, which have quadrupled since 1980 according to a 2015 report by WHO, have been driving the saccharin market. Saccharin is a particularly popular sweetener among diabetic patients as it passes through the body without being absorbed or adding to the sugar level of the body. It is also finding growing use in the pharmaceutical sector where it is used to mask the bitter flavour of medicines like calcium and multivitamin tablets.

The Asia Pacific sector has been rapidly growing over the last few years. The region accounts for over half of the global production and consumption of saccharin with the rising demand for saccharin in the food and beverage, and pharmaceutical industries driving the market. China is expected to be the largest saccharin producer in the coming years followed by other Asia Pacific countries like India and Korea. The European saccharin market is experiencing a healthy growth due to rising health concerns and the expansion of its application in the food and beverage sector.


Market Analysis by Type, Application and Region:

  • Sodium, calcium and insoluble saccharin are the major saccharin types explored in the EMR report.
  • Saccharin finds its major application in the food and beverage, table top sweeteners, personal care, and pharmaceutical sectors, among others.
  • Region-wise, the global saccharin market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Key Findings of the Report:

  • Growing concerns about health along with rising cases of diabetes have been the driving factors behind the growth of the saccharin market.
  • It is widely used in the food and beverage sector as a sweetener in products like cookies, soft drinks and candies.
  • It is also used to mask the bitter taste of medicines in the pharmaceutical sector.
  • Companies manufacturing anaerobic adhesives, pesticides, herbicides and insecticides are increasingly using saccharin in the manufacturing of these products.
  • Sodium saccharin is the most popular saccharin type finding rising application in the food and beverage sector.

Key Offerings of the Report:

  • The report by EMR provides the historical (2015-2019) and forecasted (2020-2025) production and consumption of saccharin types.
  • The report also gives a detailed region-wise historical (2015-2019) and future (2020-2025) production and consumption of saccharin, along with price trends.
  • It analyses the trade data of the major saccharin exporting and importing countries by their value and volume share in 2019.
  • It also gives insights into the market outlook of the saccharin feedstock.


Kaifeng Xinghua Fine Chemical Ltd., Shanghai Merry Yang Enterprise Co. Ltd., Tianjin Changjie Chemical Co. Ltd., Tianjin North Food Co. Ltd., PMC Specialties Group, Inc., Blue Circle Organics Pvt. Ltd., Vishnu Chemicals Limited, Organic Industries Pvt. Ltd., Aviditya Chemicals and Pharmaceuticals, and Salvi Chemicals are the major players in the global saccharin market analysed by EMR. The EMR report gives a detailed look into the latest developments amongst these key players like their capacity expansions, plant turnarounds, and mergers and expansions.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Invert Sugar Syrups Market Report and Forecast 2020-2025


Global Barley Malt Syrup Market Report and Forecast 2020-2025


Global High Maltose Syrups Market Report and Forecast 2020-2025


Global Tagatose Market Report and Forecast 2020-2025


United States Xylitol Market Report and Forecast 2020-2025


NEWSLETTER