Market Overview:
The global saccharin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for saccharin from food and beverage, pharmaceuticals, and other industries. In terms of type, insoluble saccharin is expected to dominate the market during the forecast period owing to its properties such as high purity and low cost. However, soluble saccharin is projected to grow at a higher CAGR due to its benefits such as better solubility in water and longer shelf life.
Product Definition:
Saccharin is a artificial sweetener that was discovered in 1879. It is 300 times sweeter than sugar and it does not have any calories. Saccharin is used in many food products such as diet sodas, candies, and jams.
Insoluble Saccharin:
Insoluble saccharin is a sweetener and was the first artificial sweetener to be commercialized. It has been used in many products such as sugar-free chewing gum, baked goods, beverages (such as soft drinks), and other foods. The product is commercially manufactured by reacting anhydrous calcium carbonate with insoluble saccharin in the presence of pyridine or triethylamine catalyst.
Soluble Saccharin:
Soluble saccharin is a chemical compound, which occurs naturally in some plants and is also produced by the fermentation of sugarcane. It has a sweet taste like other sugars and is used as an artificial sweetener in many products such as soft drinks, baked goods, candy, fruit preserves, chewing gum among others.
Application Insights:
The other application segment includes chemical synthesis, pharmaceuticals, and food & beverage. In 2017, the food & beverage segment dominated the global market with a revenue share of over 60%. The product is used as a low-calorie sweetener in soft drinks and various other beverages such as fruit juices.
Saccharin has been approved by U.S. FDA for use in foods and beverages under 99% purity level which makes it suitable for use in products that are consumed directly after mixing with other ingredients or after processing into final products such as tablets or capsules where taste is not an issue anymore.
Regional Analysis:
North America was the second-largest regional market in 2017. The region is expected to maintain its position throughout the forecast period owing to high product demand from various end-use industries, such as food and beverage, pharmaceuticals, and other. Rising obesity rates coupled with stringent government regulations regarding sugar content in foods are some of the major factors driving industry growth in North America.
Asia Pacific is projected to be one of the fastest growing regions over the forecast period owing to rapid industrialization along with increasing per capita income levels that have triggered consumer spending on household products including food and beverages among others. In addition, rising awareness about health issues associated with sweet foods will also drive industry growth over this period. China accounted for a significant share of global saccharin consumption due to large scale production as well as consumption by children under 18 years old which accounts for more than 50% share globally (Horton et al., 2016).
Growth Factors:
- Increasing demand for low calorie food products: The global population is increasingly becoming health conscious and is looking for healthier food options. This has led to an increase in the demand for low calorie foods, of which saccharin is a key ingredient.
- Rising awareness about the health benefits of saccharin: Saccharin has been found to have several health benefits such as weight loss, prevention of cancer etc. This has led to an increase in its demand from consumers worldwide.
- Growing use of saccharin in diet soft drinks: A large number of diet soft drinks are sweetened with saccharin as it does not contain any calories and does not cause tooth decay like other artificial sweeteners do. This is another factor that is driving the growth of the global saccharin market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Saccharin Market Research Report
By Type
Insoluble Saccharin, Soluble Saccharin
By Application
Food & Beverage, Pharmaceuticals, Daily Chemical, Other
By Companies
Kaifeng Xinghua, Tianjin Changjie, PMC Specialties, Tianjin North Food, Shanghai Fortune, Two Lions, Productos Aditivos, Salvichem, JMC, Shree Vardayini, Vishnuchrome, Aviditya Chemicals, D K, PT Bantang Alum, PT. GOLDEN SARI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Saccharin Market Report Segments:
The global Saccharin market is segmented on the basis of:
Types
Insoluble Saccharin, Soluble Saccharin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Pharmaceuticals, Daily Chemical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kaifeng Xinghua
- Tianjin Changjie
- PMC Specialties
- Tianjin North Food
- Shanghai Fortune
- Two Lions
- Productos Aditivos
- Salvichem
- JMC
- Shree Vardayini
- Vishnuchrome
- Aviditya Chemicals
- D K
- PT Bantang Alum
- PT. GOLDEN SARI
Highlights of The Saccharin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Insoluble Saccharin
- Soluble Saccharin
- By Application:
- Food & Beverage
- Pharmaceuticals
- Daily Chemical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Saccharin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Saccharin is a sweetener that is made from sugar and water.
Some of the major players in the saccharin market are Kaifeng Xinghua, Tianjin Changjie, PMC Specialties, Tianjin North Food, Shanghai Fortune, Two Lions, Productos Aditivos, Salvichem, JMC, Shree Vardayini, Vishnuchrome, Aviditya Chemicals, D K, PT Bantang Alum, PT. GOLDEN SARI.
The saccharin market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Saccharin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Saccharin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Saccharin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Saccharin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Saccharin Market Size & Forecast, 2020-2028
4.5.1 Saccharin Market Size and Y-o-Y Growth
4.5.2 Saccharin Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Insoluble Saccharin
5.2.2 Soluble Saccharin
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Pharmaceuticals
6.2.3 Daily Chemical
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Saccharin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Saccharin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Insoluble Saccharin
9.6.2 Soluble Saccharin
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Pharmaceuticals
9.10.3 Daily Chemical
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Insoluble Saccharin
10.6.2 Soluble Saccharin
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Pharmaceuticals
10.10.3 Daily Chemical
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Insoluble Saccharin
11.6.2 Soluble Saccharin
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Pharmaceuticals
11.10.3 Daily Chemical
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Insoluble Saccharin
12.6.2 Soluble Saccharin
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Pharmaceuticals
12.10.3 Daily Chemical
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Insoluble Saccharin
13.6.2 Soluble Saccharin
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Pharmaceuticals
13.10.3 Daily Chemical
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Saccharin Market: Competitive Dashboard
14.2 Global Saccharin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kaifeng Xinghua
14.3.2 Tianjin Changjie
14.3.3 PMC Specialties
14.3.4 Tianjin North Food
14.3.5 Shanghai Fortune
14.3.6 Two Lions
14.3.7 Productos Aditivos
14.3.8 Salvichem
14.3.9 JMC
14.3.10 Shree Vardayini
14.3.11 Vishnuchrome
14.3.12 Aviditya Chemicals
14.3.13 D K
14.3.14 PT Bantang Alum
14.3.15 PT. GOLDEN SARI
