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Global Saccharin Market: By Type: Calcium Saccharin, Sodium Saccharin, Insoluble Saccharin; By Application: Food and Beverages, Table Top Sweetener, Personal Care, Pharmaceutical, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Saccharin Market Outlook
The global saccharin market stood at a value of around USD 1.28 billion in 2021. The market is expected to grow at a CAGR of 1.6% in the forecast period of 2022-2027, to attain a value of about USD 1.39 billion by 2027.
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Rising concerns about the negative effects of sugar on health have resulted in saccharin occupying a significant share in the food and beverage industry. It is expected that sectors such as cosmetics and personal care, electroplating, health & fitness, food & beverage and pharmaceuticals would drive the growth of this market at a CAGR of 2.3% during 2022-2027.
Market Segmentation
Saccharin is an organic petroleum-based compound which is 300-500 times sweeter than sucrose and used as an artificial sweetener in products such as cookies, medicines, soft drinks and candies.
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It contains no food energy and finds applications in:
- Beverages and low-calorie foods
- Pharmaceuticals
- Toothpaste and dental hygiene products
- Agriculture
- Animal nutrition
- Cosmetics
- Electroplating
- Processed foods
- Tobacco
- Insect control/pest control
- Chemicals
Sodium saccharin is majorly used in foods and is relatively cheaper than sugar. This, along with rising global health awareness, has positively affected the market growth.
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Global Saccharin Market Analysis
By product type, the market is categorized into sodium saccharin, soluble saccharin, insoluble saccharin and calcium saccharin. By form, it can be categorized as granular and powder.
The food & beverages sector has been the largest consumer so far. Other prominent sectors include table top sweeteners, personal care, pharmaceuticals, etc. In the near future, the food & beverages sector would maintain this position due to the increasing disposable income of consumers and their growing preference for low-calorie foods. Demand from companies engaged in the manufacturing of anaerobic adhesives, pesticides, herbicides and insecticides is also anticipated to provide impetus to the market growth.
The Asia-Pacific region has witnessed the highest growth over the last two years and comprises more than half of the global production and consumption. Growth in the food & beverage and the pharmaceutical sectors in this region are projected to drive the market growth. China, India and Korea are expected to be the leading producers in the coming years. Europe has also been a growing market due to rising health concerns and its steadily expanding food & beverage industry. A detailed regional analysis and outlook on the market performance including the price movement are offered in the report.
Competitive Landscape
The report presents an analysis of the following key players covering their capacities, market share and latest turn of events such as mergers and acquisitions, capacity expansions and plant turnarounds in the global market:
- HENAN KAIFENG PINGMEI SHENMA XINGHUA FINE CHEMICAL CO., LTD.
- Shanghai Fortune Chemical Co., Ltd.
- PMC Specialties Group, Inc.
- Salvi Chemical Industries Ltd.
EMR’s comprehensive report on the global saccharin market also offers additional insights on value chain analysis, manufacturing process, trade data analysis and cost breakdown and margins.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region |
| Breakup by Type | Calcium Saccharin, Sodium Saccharin, Insoluble Saccharin |
| Breakup by Application | Food and Beverages, Table Top Sweetener, Personal Care, Pharmaceutical, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | HENAN KAIFENG PINGMEI SHENMA XINGHUA FINE CHEMICAL CO., LTD., PMC Specialties Group, Inc., Shanghai Fortune Chemical Co., Ltd., Salvi Chemical Industries Ltd. |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Saccharin Market Analysis
8.1 Key Industry Highlights
8.2 Global Saccharin Historical Market (2017-2021)
8.3 Global Saccharin Market Forecast (2022-2027)
8.4 Global Saccharin Market by Type
8.4.1 Calcium Saccharin
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Sodium Saccharin
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Insoluble Saccharin
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global Saccharin Market by Application
8.5.1 Food and Beverages
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Table Top Sweetener
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Personal Care
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Pharmaceutical
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Others
8.6 Global Saccharin Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code: 292511)
12.1 Major Exporting Countries:
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.2 Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.3 Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.4 Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.5 Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 HENAN KAIFENG PINGMEI SHENMA XINGHUA FINE CHEMICAL CO., LTD.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 PMC Specialties Group
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Shanghai Fortune Chemical Co., Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Salvi Chemical Industries Ltd.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Others
15 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Saccharin Market: Key Industry Highlights, 2017 and 2027
2. Global Saccharin Historical Market: Breakup by Type (KMT), 2017-2021
3. Global Saccharin Market Forecast: Breakup by Type (KMT), 2022-2027
4. Global Saccharin Historical Market: Breakup by Application (KMT), 2017-2021
5. Global Saccharin Market Forecast: Breakup by Application (KMT), 2022-2027
6. Global Saccharin Historical Market: Breakup by Region (KMT), 2017-2021
7. Global Saccharin Market Forecast: Breakup by Region (KMT), 2022-2027
8. North America Saccharin Historical Market: Breakup by Country (KMT), 2017-2021
9. North America Saccharin Market Forecast: Breakup by Country (KMT), 2022-2027
10. Europe Saccharin Historical Market: Breakup by Country (KMT), 2017-2021
11. Europe Saccharin Market Forecast: Breakup by Country (KMT), 2022-2027
12. Asia Pacific Saccharin Historical Market: Breakup by Country (KMT), 2017-2021
13. Asia Pacific Saccharin Market Forecast: Breakup by Country (KMT), 2022-2027
14. Latin America Saccharin Historical Market: Breakup by Country (KMT), 2017-2021
15. Latin America Saccharin Market Forecast: Breakup by Country (KMT), 2022-2027
16. Middle East and Africa Saccharin Historical Market: Breakup by Country (KMT), 2017-2021
17. Middle East and Africa Saccharin Market Forecast: Breakup by Country (KMT), 2022-2027
18. Major Exporting Countries by Value
19. Major Importing Countries by Value
20. Major Exporting Countries by Volume
21. Major Importing Countries by Volume
22. North America Historical Price Trends and Forecast 2017-2027
23. Europe Historical Price Trends and Forecast 2017-2027
24. Asia Pacific Historical Price Trends and Forecast 2017-2027
25. Latin America Historical Price Trends and Forecast 2017-2027
26. Middle East and Africa Historical Price Trends and Forecast 2017-2027
27. Global Saccharin Market Structure
Key Questions Answered in the Report
The global saccharin market reached a value of almost USD 1.28 billion in 2021.
The market is projected to grow at a CAGR of 1.6% in the forecast period of 2022-2027.
The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach almost USD 1.39 billion by 2027.
The major drivers of the industry include rising disposable incomes, increasing population, and the rising demand from the food and beverage sector.
The rising demand in the manufacturing of anaerobic adhesives, pesticides, herbicides, and insecticides is expected to be a key trend guiding the growth of the global saccharin market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with the Asia Pacific accounting for the largest market share.
The major types of the product in the industry are calcium saccharin, sodium saccharin, and insoluble saccharin.
The food and beverages sector accounts for the largest market share, among other application segments in the industry.
The leading players in the global saccharin market are HENAN KAIFENG PINGMEI SHENMA XINGHUA FINE CHEMICAL CO., LTD., PMC Specialties Group, Inc., Shanghai Fortune Chemical Co., Ltd., Salvi Chemical Industries Ltd., Others.
Analyst Review
The global saccharin market attained a value of almost USD 1.28 billion in 2021, driven by the growth in the food and beverage industry. Aided by the rising applications of the product, the industry is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 1.6% to reach a value of about USD 1.39 billion by 2027.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on types, the market can be segmented into calcium, sodium, and insoluble saccharin. On the basis of application, the food and beverage sector accounts for the largest share in the market. The major regional markets for saccharin are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above industry include HENAN KAIFENG PINGMEI SHENMA XINGHUA FINE CHEMICAL CO., LTD., PMC Specialties Group, Inc., Shanghai Fortune Chemical Co., Ltd., Salvi Chemical Industries Ltd., Others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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