Press Release
Press Release
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.
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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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