According to a market report by Lucintel, the future of the global saccharin market looks promising with opportunities in the food & beverage, pharmaceutical, cosmetic & personal care markets. The global saccharin market is expected to grow with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are growing rates of lifestyle-related illnesses, extensive pharmaceutical product use, along with the notable expansion in the food and beverage (F&B) business, and assertive promotional tactics.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in saccharin market to 2030 by type (sodium saccharin and calcium saccharin), application (food and beverages, pharmaceutical, cosmetics and personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, sodium saccharin and calcium saccharin are the major segments of saccharin market by type. Lucintel forecasts that sodium saccharin is expected to witness the higher growth over the forecast period because it is economical and suitable for people with diabetes, providing benefits to producers that want to lower the sugar level of their goods without sacrificing flavor or price.
Within this market, food & beverage is expected to witness the highest growth due to broad use of saccharin in the production of sugar-free baked goods, candies, energy drinks, salad dressings, soft beverages, and canned fruit.
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APAC will remain the largest region over the forecast period due to large-scale production of saccharin in China, as well as, easy availability of raw materials and the low production costs in the country.
Kyung-In Synthetic Corporation, Van Wankum Ingredients, Productos Aditivos, Jiangxi Dongxu Chemical Science and Technology, Tianjin Changjie Chemical, Kaifeng Xinghua Fine Chemical, and Salvi Chemical Industries are the major suppliers in the saccharin market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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