Global $365 Million Saccharin Market Research Report, Size, Share, Trends and Forecast to 2024

The global saccharin market has experienced moderate growth in recent years on account of rising marketing campaigns by manufacturers and growing applications of saccharin in industries such as food and beverage, pharmaceuticals, and personal care.



According to the latest market research report by IMARC Group, titled “Saccharin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global saccharin market size reached US$ 260 Million in 2018. Saccharin (C7H5NO3S), also known as benzoic sulfimide, refers to an artificial sweetener which is around 300 times sweeter than table sugar. It is produced through the oxidation of o-toluene sulfonamide or phthalic anhydride. Its name has been derived from the word ‘saccharine’ which is used to describe something ‘overly sweet’. It is commonly available in the form of white crystals or crystalline powder which are insoluble in water but mix well along with other sweeteners to compensate for their drawbacks. As saccharin is a non-nutritive sweetener, it is widely used by health-conscious consumers to monitor their weight and sugar intake.

Market Trends:

Saccharin offers no caloric value, does not get metabolized and is excreted from the body unchanged. Moreover, it is less expensive than sugar and does not affect blood sugar levels or cause tooth decay. Owing to this, it is widely used in the preparation of sugar-free beverages and food products such as carbonated drinks, dessert toppings, jams, jellies, salad dressings and canned fruits. Apart from this, it also finds applications in the pharmaceutical industry to produce toothpaste, teeth whiteners, mouthwash and cough syrups wherein the presence of sugar may lead to spoilage. Additionally, as it assists in weight management, it is recommended by dieticians to reduce or control weight. Furthermore, manufacturers are introducing several marketing campaigns through different means including newspapers, televisions and the internet to increase product awareness amongst consumers. Looking forward, the market is projected to reach a value of US$ 365 Million by 2024, expanding at a CAGR of 5.6% during 2019-2024.

Request for a free sample copy of this research report: https://www.imarcgroup.com/saccharin-market/requestsample

Market Segmentation:

Breakup by Product Type

1. Sodium Saccharin

2. Insoluble Saccharin

3. Calcium Saccharin

Based on product types, the market has been segregated into sodium, calcium and insoluble saccharin. Currently, sodium saccharin holds the largest market share, representing the most popular product type.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/saccharin-market

Breakup by Application:

1. Food and Beverages

2. Table Top Sweeteners

3. Personal Care Products

4. Pharmaceuticals

5. Others

On the basis of applications, the market has been divided into food and beverages, tabletop sweeteners, personal care products, pharmaceuticals, and others. Amongst these, the food and beverages segment accounts for the majority of the total market share.

Breakup by Region:

1. China

2. India

3. United States

4. Europe

5. Others

Region-wise, the market has been segmented into China, India, the United States, Europe and Others. At present, China is the leading market, holding the majority of the global share.

Competitive Landscape

The report includes a detailed analysis of the competitive landscape of the market. Some of the key players in the global saccharin market are Kaifeng Xinghua Fine Chemical Ltd., Shanghai Merry Yang Enterprise Co. Ltd., Tianjin North Food Co. Ltd., Hangzhou Focus Corporation, Blue Circle Organics Pvt. Ltd. And Vishnu Chemicals Limited.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Comments

Popular posts from this blog

Global Fertilizer Market 2022-2027 Impelled by the Introduction of Premium Quality Fertilizers

Hyper-Converged Infrastructure Market Report 2021-26: Size, Share, Trends, Scope, Demand and Opportunity

Agricultural Films Market Research Report 2022: Size, Share, Price Trends, Industry Forecast 2027