The China saccharin market reached a volume of 17,402 Metric Tons in 2019. Also known as ortho-sulfobenzoic acid imide, saccharin is a synthetic compound that is used as a non-nutritive sweetening agent. It is soluble in water and nearly 200-700 times sweeter than table sugar. It also has a long shelf life and can be consumed after a long period of storage. Although it has a slightly bitter aftertaste, it offers no caloric value and does not get metabolized in the body. Apart from this, it is also considered better for oral health as compared to table sugar as it does not promote tooth decay. On account of these benefits, saccharin is widely utilized in China.
Owing to rapid urbanization, sedentary lifestyles and unhealthy diets, there is a rise in the prevalence of chronic conditions, such as obesity and diabetes, in China. This is resulting in the increasing utilization of low-calorie sugar substitutes like saccharin in the food and beverage (F&B) industry for preparing jams, candies, baked goods, chewing gum, canned fruits, dessert toppings and salad dressings. Apart from this, health-conscious individuals are replacing conventional sugar with saccharin in their diets to limit their calorie consumption. Furthermore, saccharin plays a vital role in the pharmaceutical industry for manufacturing syrup-based medicines. It is also used as a coating on chewable tablets to provide a sweet taste. In line with this, the burgeoning pharmaceutical industry in the country is further contributing to the market growth. Besides this, the easy availability of raw materials, in confluence with low production costs, is anticipated to propel the market growth in the coming years. Owing to these factors, IMARC Group expects the market volume to reach 27,614.8 Metric Tons by 2025, at a CAGR of 8% during the forecast period (2020-2025).
Breakup by Product Type:
Sodium saccharin currently represents the most widely used product.
Breakup by Application:
The food and beverages (F&B) sector accounts for the majority of the total market share.
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are:
Key Questions Answered in This Report:
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