DUBLIN--(BUSINESS WIRE)--The "Saccharin Sweetener Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering.
The saccharin sweetener market is projected to grow at a CAGR of 5.78% to reach US$1.647 billion in 2024 from US$1.175 billion in 2018.
Saccharin sweetener refers to an artificial sweetener used as a sugar substitute, it also has an exceptional shelf life as compared to its competitive sweetener substitutes and is thought to be sweeter than sugar. According to the United States Food and Drug Administration, saccharin is 200 to 700 times sweeter than table sugar (sucrose), and it does not contain any calories.
Aside from being used in the food and beverage industry, saccharin is also used in the pharmaceutical industry to sweeten medicines. It is also considered as a cheaper substitute as compared to its competitive sweeteners.
Geographically, Asia Pacific is evaluated to hold a noteworthy market growth rate during the forecast period because of the quick urbanization as well as the rise in disposable income.
The North American and the European regions hold a high share in the market on account of high consumption of beverages, confectionaries, nutritional and dairy products, which are some of the most notable areas where Saccharin is used.
- Increase in investment and research for sugar substitutes
- Due to the non-nutritive value of saccharin, it is the perfect substitute for people aiming to lose weight.
- Growing health-conscious population preferring low-calorie food options
- Availability of substitutes
- Allergic reactions as well as health and safety concerns caused by saccharin
- Stringent Government regulations
- In January 2019, Merisant Company, launched Sugarly Sweet Zero Calorie Sweetener made with aspartame or saccharin
Key Topics Covered:
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. SACCHARIN SWEETENER MARKET BY TYPE
6. SACCHARIN SWEETENER MARKET BY APPLICATION
6.3. Confectionary and Bakery
6.4. Processed Food
7. SACCHARIN SWEETENER MARKET BY GEOGRAPHY
7.1. North America
7.2. South America
7.3.3. United Kingdom
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.5. Asia Pacific
7.5.3. South Korea
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. B&G Foods, Inc.
9.2. Cumberland Packing Corp.
9.3. Kyung-In Synthetic Corporation
9.4. Penta International Corporation
9.5. Tianjin Changjie Chemical Co., Ltd.
9.6. Jiangxi Dongxu Chemical Science And Technology Co., Ltd.
9.7. Vishnu Chemicals Ltd.
9.8. PMC Specialties Group
9.9. TwoLions (Zhangjiagang) Fine Chemicals Co., Ltd.
9.10. Kaifeng Xinghua Fine Chemical LTD
For more information about this report visit https://www.researchandmarkets.com/r/5gks55