According to the latest research report by IMARC Group, titled “Saccharin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” that the global saccharin market size reached 37,745.2 Metric Tons in 2022. Looking forward, the market expected to reach 49,578.9 Metric Tons by 2028, exhibiting a growth rate (CAGR) of 4.52% during 2023-2028.
Saccharin (C7H5NO3S), or benzoic sulfimide, represents an artificial sweetener around 300 times sweeter than sugar. It is produced by oxidizing o-toluene sulfonamide or phthalic anhydride. Saccharin is usually available in the form of white crystals or crystalline powder that is insoluble in water but can mix well with other sweeteners. As a result, saccharin is widely utilized in food and beverages as a substitute for sugar.
Saccharin Market Trends:
The rising consumer awareness towards the negative health effects of sugar consumption is leading to the escalating demand for artificial sweeteners. Moreover, saccharin is cheaper and a healthier variant of numerous other sweeteners. Owing to this, it is gaining popularity in the food and beverages sector for preparing sugar-free beverages and food products like jams, jellies, carbonated drinks, dessert toppings, etc.
Furthermore, saccharin is being extensively utilized in the pharmaceutical industry to produce mouthwash, toothpaste, cough syrups, etc., wherein adding sugar may cause spoilage. Additionally, saccharin is gaining traction in diet with restrictions on caloric or carbohydrate intake, such as for diabetes and weight loss. This factor will further continue to drive the market growth for saccharin over the forecasted period.
Global Saccharin Market Report Coverage and Industry Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
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- Kaifeng Xinghua Fine Chemical Ltd.,
- Shanghai Merry Yang Enterprise Co. Ltd.,
- Tianjin North Food Co. Ltd.,
- Hangzhou Focus Corporation,
- Blue Circle Organics Pvt. Ltd.,
- Vishnu Chemicals Limited.
The report cover the below key market segments:
Breakup by Application:
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- Food and Beverages
- Table Top Sweeteners
- Personal Care Products
- Pharmaceuticals
- Others
Breakup by Product Type:
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- Sodium Saccharin
- Insoluble Saccharin
- Calcium Saccharin
Breakup by Region:
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- China
- India
- United States
- Europe
- Others
Key Highlights of the Report:
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- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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