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EMEA Saccharin Market to be Aided by the Projected Growth of the Artificial HIS Market between 2019-2024 at a CAGR of 3.5%

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"According to a new report by EMR titled, ‘EMEA Saccharin Market Report and Forecast 2019-2024’, the EMEA saccharin market is being aided by the growing artificial high-intensity sweetener (HIS) industry, which is expected to grow at a CAGR of 3.5% in the forecast period of 2019-2024. The global artificial HIS industry is projected to reach almost USD 2.2 billion in 2024."

The EMEA 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.

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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 2013–2020. In the EMEA 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 EMEA 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 EMEA markets for the periods (2014-2018) and (2019-2024).
  • The report offers a trade analysis, covering the value and volume of the leading exporting and importing countries in 2018.
  • It provides an in-depth analysis of the regional historical (2014-2018) and forecasted (2019-2024) price trends in the EMEA market.
  • It also gives an overview of the EMEA feedstock market.

PMC Specialties Group, Inc, Penta International Corporation, Cumberland Packing Corp., JMC Corporation, Kaifeng Xinghua Fine Chemical LTD, Tianjin North Food Co. Ltd, and Blue Circle Organics Pvt. Ltd., among others are the key players in the EMEA 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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EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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"EMEA Saccharin Market: By Type: Calcium, Sodium, Insoluble; By Application: Food and Beverages, Table Top Sweetener, Personal Care, Pharmaceutical, Others; By Region: Germany, France, United Kingdom, Saudi Arabia, Nigeria, UAE; Historical Production and Consumption (2014-2018); Production and Consumption Forecast (2019-2024); SWOT Analysis; Price Analysis; Competitive Landscape"

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