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Global Saccharin Market to Witness 4.7% CAGR until 2026

Saccharin Market Analysis by Product Type (Sodium, Insoluble and Calcium Saccharin), by Application (Food and Beverages, Table Top Sweeteners, Personal Care Products, Pharmaceuticals & Others), Key Players and Region – Industry Outlook to 2026.

The latest research study, “Saccharin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” has been added by IMARC Group. The global saccharin market size reached US$ 283 Million in 2020. Looking forward, the market expects to grow at a CAGR of 4.7% during 2021-2026.

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.

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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.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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

Global Saccharin Market 2021-2026 Analysis and Segmentation:

Breakup by Application:

  • Food and Beverages
  • Table Top Sweeteners
  • Personal Care Products
  • Pharmaceuticals
  • Others

Breakup by Product Type:

  • Sodium Saccharin
  • Insoluble Saccharin
  • Calcium Saccharin

Breakup by Region:

  • China
  • India
  • United States
  • Europe
  • Others

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of the key players in the global saccharin market are Kaifeng Xinghua Fine Chemical Ltd., Tianjin Changjie Chemical Co. Ltd., PMC Specialties Group, Inc., Tianjin North Food Co. Ltd., Hangzhou Focus Corporation, Blue Circle Organics Pvt. Ltd. And Vishnu Chemicals Limited (NSE: VISHNU). Salvi Chemicals.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.