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Europe Middle East and Africa Saccharin Market to Grow at a CAGR of 2.4% During 2022-2027, Driven by the Rising Preference for Sugar Substitutes

According to a new report by EMR titled, ‘Europe Middle East and Africa Saccharin Market Report and Forecast 2022-2027’, the Europe Middle East and Africa saccharin market attained a value of about USD 482.7 million in 2021. The market is expected to grow at a CAGR of 2.4% in the forecast period of 2022-2027.

The Europe Middle East and Africa saccharin market accounts for almost 30% of the global market. The market is being driven by the rising demand and consumption of sugar substitutes. The rising consumption of sweeteners like saccharin is due to the increasing adoption of low calorie and low sugar diets due to the growing prevalence of diseases related to high sugar consumption like Type 2 diabetes and obesity. Germany is the leading importer of the sweetener in Europe and is the second largest saccharin importer, globally. South Africa is a significant importer of the artificial sweetener in the Middle East and Africa region.

The market for artificial sweeteners like saccharin, globally, found impetus for their growth in the imposition of sugar or health taxes in various countries across the globe, especially, post the publication of the WHO Global Action Plan for the Prevention and Control of Non-Communicable Diseases 2013–2021. In the Europe Middle East and Africa region, 11 European countries like Ireland, UK, Portugal, and France along with Saudi Arabia and UAE have some health or sugar tax leading to manufacturers reducing sugar in their products. In South Africa, Coca-Cola has reduced sugar content in their beverages by 26% after the introduction of a sugary beverage tax in April 2018. With major food and beverage companies looking for alternatives to sugar, saccharin is witnessing a rising demand as a sugar substitute. Artificial sweeteners like aspartame are often mixed with saccharin to hide its bitter aftertaste.

Market Breakup by Type, Application, Region, and Feedstock:

  • The saccharin can be broadly divided into calcium, sodium, and insoluble saccharin.
  • Food and beverages, tabletop sweetener, personal care, and pharmaceutical sectors are the common application sectors for saccharin. 
  • By region, the market can be divided into Germany, France, United Kingdom, Saudi Arabia, Nigeria, and UAE.
  • The major feedstock for saccharin are ortho toluene sulfonamide, sodium bichromate dihydrate, sulfuric acid, sodium bicarbonate, and sodium carbonate.

Key Findings of the Report:

  • The rise in the demand for sweeteners in Africa and South and Central Europe is driving the Europe Middle East and Africa saccharin market.
  • The growing health consciousness, along with the rising cases of obesity and diabetes, is further aiding the saccharin market growth.
  • The growing demand for energy drinks and low-calorie drinks will propel the industry forward.
  • The market will also be aided by the robust growth of the cosmetics industry in the region.

Key Offerings of the Report:

  • The EMR report gives a detailed overview of the demand and supply of saccharin by its types and regional markets in the global as well as Europe Middle East and Africa markets for the periods (2016-2020) and (2021-2026).
  • The report offers a trade analysis, covering the value and volume of the leading exporting and importing countries in 2020.
  • It provides an in-depth analysis of the regional historical (2016-2020) and forecasted (2021-2026) price trends in the Europe Middle East and Africa market.
  • It also gives an overview of the Europe Middle East and Africa feedstock market.

PMC Specialties Group, Inc,  JMC Corporation, HENAN KAIFENG PINGMEI SHENMA XINGHUA FINE CHEMICAL CO., LTD., among others are the key players in the Europe Middle East and Africa saccharin market, as identified by EMR. The comprehensive report looks into their capacity, market share, and latest developments like plant turnarounds, capacity expansions, and mergers and acquisitions.

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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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