Global Saccharin Market to Reach 57,127.8 Metric Tons by 2032, Catalyzed by Increasing Product Adoption in Food and Beverage Industry

June 12, 2023 | Chemical & Materials

According to the latest report by IMARC Group, titled “Saccharin Market Report by Application (Food and Beverages, Table Top Sweeteners, Personal Care Products, Pharmaceuticals, and Others), Product Type (Sodium Saccharin, Insoluble Saccharin, Calcium Saccharin), and Region 2024-2032," the global saccharin market size reached 39,500.3 Metric Tons in 2023. Saccharin refers to a white, crystalline, and intensely sweet chemical compound used as an artificial sweetener. It is commercially produced from toluene in a multi-step process that involves sulfonation, chlorination, oxidation, neutralization, crystallization, and drying. Saccharin is widely used in food products, beverages, drug formulations, liquid medications, cosmetics, animal feed, oral care, and personal care products. It offers high sweetness intensity, which aids in masking bitter and unpleasant tastes and making products more palatable and easier to consume. In addition, saccharin contains zero calories, which assists in managing weight gain, maintaining optimum blood sugar levels, and improving overall health.

Global Saccharin Market Trends:

The increasing adoption of saccharin in the food and beverage (F&B) industry is one of the key factors catalyzing the market growth. Saccharin is widely used in soft drinks, carbonated beverages, candies, chewing gums, jams, jellies, flavored milk, yogurt, ice creams, sauces, dressings, condiments, and bakery products. Along with this, the widespread product utilization in convenience food, such as ready-to-eat (RTE) meals, energy bars, snacks, instant soups, and canned goods, is acting as another growth-inducing factor. Furthermore, the increasing product adoption in the pharmaceutical industry to add sweetness and mask the bitter tastes of oral medications, cough syrups, elixirs, antacids, and chewable tablets is providing an impetus to the market growth. Additionally, the adoption of sustainable manufacturing practices to reduce energy consumption, minimize waste generation, and improve resource utilization is positively influencing the market growth. Apart from this, the widespread product utilization in cosmetics and personal care products, such as breath fresheners, lip balms, lipsticks, toothpaste, mouthwash, fragrances, perfumes, and body lotions, is contributing to the market growth. Besides this, the increasing product applications in the animal feed industry to increase the palatability and acceptance of feed and mask the bitter tastes of veterinary medications is favoring the market growth. Moreover, the growing health consciousness among individuals is facilitating product demand as it contains zero calories, which aids in managing blood sugar levels, reducing weight, improving dental health, and minimizing the risk of diabetes. Other factors, including rising disposable incomes, extensive research and development activities, and widespread product availability across various online retail platforms, are anticipated to drive the market growth. On account of the aforementioned factors, the market is expected to reach 57,127.8 Metric Tons by 2032, exhibiting a CAGR of 4.1% during 2024-2032.

Market Summary:

  • On the basis of the application, the market has been classified into food and beverages, table top sweeteners, personal care products, pharmaceuticals and others. Among these, food and beverages dominate the market.
  • Based on the product type, the market has been divided into sodium, insoluble, and calcium saccharin. At present, sodium saccharin holds the majority market share.
  • On a regional basis, the market has been categorized into China, India, the United States, Europe, and others. Among these, China represents the largest market for saccharin.
  • The competitive landscape of the industry has also been examined, with some of the key players being Kaifeng Xinghua Fine Chemical Ltd., Shanghai Merry Yang Enterprise Co. Ltd., Tianjin North Food Co. Ltd., Hangzhou Focus Corporation, Blue Circle Organics Pvt. Ltd., and Vishnu Chemicals Limited.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units ‘000 Tons, US$ Million
Segment Coverage Product Type, Application, Region
Region Covered China, India, United States, Europe, Others
Companies Covered Kaifeng Xinghua Fine Chemical Ltd, Shanghai Merry Yang Enterprise Co. Ltd., Tianjin North Food Co. Ltd , Hangzhou Focus Corporation, Blue Circle Organics Pvt. Ltd. and Vishnu Chemicals Limited
Customization Scope 10% Free Customization
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Global Saccharin Market to Reach 57,127.8 Metric Tons by 2032, Catalyzed by Increasing Product Adoption in Food and Beverage Industry
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