Saccharin is an artificial sweetener and has been in the market for the longest time among other artificial sweeteners. It was manufactured first in the year 1878 by a chemist in Johns Hopkins University and was commercialized during World War I to fill up the sugar shortages. It is used in the products such as toothpaste, candies, cookies, cough syrups, medicines, etc. Saccharin in the market is available in the crystal and powder form as well as in liquid form. It is used in the end use industries such as food and beverages, pharmaceuticals, cosmetics and personal care products, dietary supplements, etc.
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Increased Preference for Low-calorie Sweeteners in Food and Beverage Industry is Propelling the Global Saccharin Market
Global saccharin market is majorly driven by the food and beverage industry and increased application of the saccharin as an artificial sweetener. In food and beverage industry saccharin is used in bakery and confectionery products, soft drinks and energy drinks, and jams & jellies. The increased consumption of the bakery and confectionery products of the food and beverage segments globally is driving the demand for the saccharin in the global market.
Saccharin Market: Regional Analysis
Global saccharin market is occupied by the North American and European region due to the presence of many key players and awareness about the availability of the product. The key manufacturers in the global saccharin market are expected to have increased opportunity in the Asia and MEA region. The increased opportunity is supported by the expansion of food and beverage industry, pharmaceutical industry as well as increased purchase power of the consumer in the region. In the global saccharin market, South Asia is expected to show highest growth rate in the period of forecast years.
Saccharin Market: Key Participants
Some of the market participants in the Saccharin market are:
- KISCO (Kyung-In Synthetic Corporation)
- Spirochem Lifesciences Pvt. Ltd.
- Rodals Srl
- PMC Specialties Group Inc.
- Muby Chemicals
- Jet Chemicals Pvt. Ltd.
- PT Batang Alum Industrie
- Van Wankum Ingredients
- Alstercare GmbH
- Cumberland Packing Corp.
- DK Pharmachem Pvt. Ltd.
The report covers exhaustive analysis on:
- Saccharin Market Segments
- Saccharin Market Dynamics
- Saccharin Market Size
- Saccharin Supply and Demand
- Current Trends/Issues/Challenges pertaining to Saccharin Market
- Competition Landscape and Emerging Market Participants in Saccharin Market
- Technology related to Production/Processing of Saccharin
- Value Chain Analysis of the Saccharin Market
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Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The saccharin market can be segmented on the basis of form, types, end use, and distribution channel.
On the basis of form, the saccharin market can be segmented as:
- Dry
- Liquid
On the basis of type, the saccharin market can be segmented as:
- Sodium Saccharin
- Calcium Saccharin
On the basis of end use, the saccharin market can be segmented as:
- Food & Beverage
- Bakery & Confectionery
- Soft Drinks, Energy Drinks, Carbonated Drinks
- Others (Jams, Thinned Fruit, etc.)
- Pharmaceutical
- Dietary Supplements
- Cosmetics & Personal Care
- Industrial
- Animal Feed
On the basis of distribution channel, the saccharin market can be segmented as:
- Direct Sales/B2B
- Indirect Sales/B2C
- Online Retail
- Specialty Stores
- Mass Grocery Stores
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Report Highlights:
- Detailed overview of parent market
- Changing dynamics of the saccharin market in the industry
- In-depth market segmentation and analysis
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments in the saccharin market
- Competitive landscape of the saccharin market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on saccharin market performance
- Must-have information for saccharin market players to sustain and enhance their market footprint