Market Overview:
The global sodium 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 food grade sodium saccharine, pharma grade sodium saccharine, and industrial grade sodium saccharine from various end-use industries such as food industry, pharmaceuticals industry, cosmetics industry, and others. North America is expected to lead the global market in terms of revenue during the forecast period owing to high demand for food grade sodium saccharine from various end-use industries in this region.
Product Definition:
Sodium Saccharin is an artificial sweetener used as a sugar substitute. It has a slightly bitter taste and is about 300 times sweeter than sucrose. It is often used in diet soft drinks, candies, and chewing gum.
Food Grade Sodium Saccharine:
Sodium saccharine is a chemical compound used as a sweetener and flavor enhancer in food products. It has the same sweetness as sugar but contains fewer calories. It can be produced from different sources such as corn, rice, dextrose and other natural materials like yeast, limestone and corn syrup.
Pharma Grade Sodium Saccharine:
Sodium saccharine is a chemical compound used as a sweetener in food and beverages, pharmaceuticals, and cosmetics. It has applications in the tobacco industry for manufacturing cigarettes with less sugar content. The substance is also used as an additive to reduce the calorie content of various products such as chewing gum and sugar-free candies.
Application Insights:
The food industry accounted for more than 60% of the global sodium saccharin market in 2017. The product is used as a flavor enhancer and sweetener in various foods including confectionery, dairy products, processed meat, bakery & cereals. It is also used as an emulsifier and preservative in several industries such as pharmaceuticals, cosmetics among others.
Sodium Saccharin has been approved by the U.S FDA under GRAS system for use in food additives manufacturing since 1957 which attests its safety profile under normal conditions of consumption.
Regional Analysis:
North America was the largest market for sodium saccharin in 2016, accounting for a revenue share of over 40.0%. The region is expected to maintain its dominance during the forecast period on account of high product demand as a result of rising consumption in food and pharma applications. In North America, most of the products are used as an ingredient in sugar-free chewing gums and candies which are widely consumed by children and teenagers.
Asia Pacific is anticipated to be one of the fastest growing markets with CAGR exceeding 6% from 2017 to 2030 owing to increasing awareness about health benefits associated with sodium saccharin such as low calorie content, improvement in dental health among consumers especially kids & youth who constitute nearly 60% population groupings across Asia Pacific countries like India China Japan South Korea Taiwan Philippines Indonesia Thailand Vietnam Myanmar Hong Kong Singapore New Zealand Australia Iran Malaysia UAE). This factor will support regional growth during the forecast period.
Growth Factors:
- Rising demand from food and beverage industry: The global food and beverage industry is projected to grow at a CAGR of 3.8% during the forecast period, owing to the increasing disposable income of consumers and changing lifestyle. This is expected to result in an increase in the demand for sodium saccharin, as it is used as a sweetener in various food products.
- Growing awareness about health benefits: Sodium saccharin has been associated with various health benefits such as weight loss, diabetes management, etc., which is resulting in an increase in its demand among consumers worldwide.
- Technological advancements: The development of new production technologies for sodium saccharin has resulted in its increased adoption by manufacturers worldwide. This is likely to boost the growth of the market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Saccharin(CAS 128-44-9) Market Research Report
By Type
Food Grade Sodium Saccharine, Pharma Grade Sodium Saccharine, Industrial Grade Sodium Saccharine
By Application
Food Industry, Pharmaecutical, Cosmetics, Others
By Companies
Foodchem, Kaifeng Xinghua Fine Chemical, Anhui Suntran Chemical, Shree Vardayini Chemical, Tianjin Changjie Chemical, Gremount International, Henan Tianfu Chemical, Niran BioChemical, JMC Saccharin
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Saccharin(CAS 128-44-9) Market Report Segments:
The global Sodium Saccharin(CAS 128-44-9) market is segmented on the basis of:
Types
Food Grade Sodium Saccharine, Pharma Grade Sodium Saccharine, Industrial Grade Sodium Saccharine
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 Industry, Pharmaecutical, Cosmetics, Others
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:
- Foodchem
- Kaifeng Xinghua Fine Chemical
- Anhui Suntran Chemical
- Shree Vardayini Chemical
- Tianjin Changjie Chemical
- Gremount International
- Henan Tianfu Chemical
- Niran BioChemical
- JMC Saccharin
Highlights of The Sodium Saccharin(CAS 128-44-9) 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:
- Food Grade Sodium Saccharine
- Pharma Grade Sodium Saccharine
- Industrial Grade Sodium Saccharine
- By Application:
- Food Industry
- Pharmaecutical
- Cosmetics
- Others
- 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 Sodium Saccharin(CAS 128-44-9) 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?
Sodium saccharin is a white crystalline powder that is used as a sweetener. It has the chemical formula Na(C6H5O7) and has a sweet taste. Saccharin is most commonly found in foods and drinks, but can also be found in some medications.
Some of the key players operating in the sodium saccharin(cas 128-44-9) market are Foodchem, Kaifeng Xinghua Fine Chemical, Anhui Suntran Chemical, Shree Vardayini Chemical, Tianjin Changjie Chemical, Gremount International, Henan Tianfu Chemical, Niran BioChemical, JMC Saccharin.
The sodium saccharin(cas 128-44-9) 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 Sodium Saccharin(CAS 128-44-9) 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 Sodium Saccharin(CAS 128-44-9) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sodium Saccharin(CAS 128-44-9) 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 Sodium Saccharin(CAS 128-44-9) 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 Sodium Saccharin(CAS 128-44-9) Market Size & Forecast, 2018-2028 4.5.1 Sodium Saccharin(CAS 128-44-9) Market Size and Y-o-Y Growth 4.5.2 Sodium Saccharin(CAS 128-44-9) Market Absolute $ Opportunity
Chapter 5 Global Sodium Saccharin(CAS 128-44-9) 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 Sodium Saccharin(CAS 128-44-9) Market Size Forecast by Type
5.2.1 Food Grade Sodium Saccharine
5.2.2 Pharma Grade Sodium Saccharine
5.2.3 Industrial Grade Sodium Saccharine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sodium Saccharin(CAS 128-44-9) 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 Sodium Saccharin(CAS 128-44-9) Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Pharmaecutical
6.2.3 Cosmetics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sodium Saccharin(CAS 128-44-9) 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 Sodium Saccharin(CAS 128-44-9) 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 Sodium Saccharin(CAS 128-44-9) Analysis and Forecast
9.1 Introduction
9.2 North America Sodium Saccharin(CAS 128-44-9) 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 Sodium Saccharin(CAS 128-44-9) Market Size Forecast by Type
9.6.1 Food Grade Sodium Saccharine
9.6.2 Pharma Grade Sodium Saccharine
9.6.3 Industrial Grade Sodium Saccharine
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 Sodium Saccharin(CAS 128-44-9) Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Pharmaecutical
9.10.3 Cosmetics
9.10.4 Others
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 Sodium Saccharin(CAS 128-44-9) Analysis and Forecast
10.1 Introduction
10.2 Europe Sodium Saccharin(CAS 128-44-9) 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 Sodium Saccharin(CAS 128-44-9) Market Size Forecast by Type
10.6.1 Food Grade Sodium Saccharine
10.6.2 Pharma Grade Sodium Saccharine
10.6.3 Industrial Grade Sodium Saccharine
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 Sodium Saccharin(CAS 128-44-9) Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Pharmaecutical
10.10.3 Cosmetics
10.10.4 Others
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 Sodium Saccharin(CAS 128-44-9) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sodium Saccharin(CAS 128-44-9) 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 Sodium Saccharin(CAS 128-44-9) Market Size Forecast by Type
11.6.1 Food Grade Sodium Saccharine
11.6.2 Pharma Grade Sodium Saccharine
11.6.3 Industrial Grade Sodium Saccharine
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 Sodium Saccharin(CAS 128-44-9) Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Pharmaecutical
11.10.3 Cosmetics
11.10.4 Others
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 Sodium Saccharin(CAS 128-44-9) Analysis and Forecast
12.1 Introduction
12.2 Latin America Sodium Saccharin(CAS 128-44-9) 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 Sodium Saccharin(CAS 128-44-9) Market Size Forecast by Type
12.6.1 Food Grade Sodium Saccharine
12.6.2 Pharma Grade Sodium Saccharine
12.6.3 Industrial Grade Sodium Saccharine
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 Sodium Saccharin(CAS 128-44-9) Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Pharmaecutical
12.10.3 Cosmetics
12.10.4 Others
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) Sodium Saccharin(CAS 128-44-9) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sodium Saccharin(CAS 128-44-9) 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) Sodium Saccharin(CAS 128-44-9) Market Size Forecast by Type
13.6.1 Food Grade Sodium Saccharine
13.6.2 Pharma Grade Sodium Saccharine
13.6.3 Industrial Grade Sodium Saccharine
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) Sodium Saccharin(CAS 128-44-9) Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Pharmaecutical
13.10.3 Cosmetics
13.10.4 Others
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 Sodium Saccharin(CAS 128-44-9) Market: Competitive Dashboard
14.2 Global Sodium Saccharin(CAS 128-44-9) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Foodchem
14.3.2 Kaifeng Xinghua Fine Chemical
14.3.3 Anhui Suntran Chemical
14.3.4 Shree Vardayini Chemical
14.3.5 Tianjin Changjie Chemical
14.3.6 Gremount International
14.3.7 Henan Tianfu Chemical
14.3.8 Niran BioChemical
14.3.9 JMC Saccharin