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Download Free sampleThe global Saccharin market was valued at 131.18 Million USD in 2021 and will grow with a CAGR of 3.21% from 2021 to 2027, based on Research newly published report.
The prime objective of Saccharin Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Saccharin Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Saccharin is an artificial sweetener with effectively no food energy which is about 300-400 times as sweet as sucrose or table sugar, but has a bitter or metallic aftertaste, especially at high concentrations. It is used to sweeten products such as drinks, candies, cookies, medicines, and toothpaste.Because of the development of Food Additives, the production of Saccharin will in decreasing trend during the next several years. From the point of price, the global average price of Saccharin is in the decreasing trend, from 5020 USD/MT in 2011 to 4698 USD/MT in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years. The classification of Saccharin includes Insoluble Saccharin and Soluble Saccharin, and the production proportion of Soluble Saccharin in 2015 is about 79%, and the proportion is in increasing trend from 2011 to 2015. Saccharin is widely used in Food & Beverage, Pharmaceuticals, Daily Chemical and other field. The most proportion of Saccharin is Food & Beverage, and the consumption market share in 2015 is about 70%. China region is the largest supplier of Saccharin, with a production market share nearly 55% in 2015. India is the second largest supplier of Saccharin, enjoying production market share nearly 13% in 2015. China is the largest consumption place, with a consumption market share nearly 55% in 2015. Following China, India is the second largest consumption place with the consumption market share of 14%. Kaifeng Xinghua, Tianjin Changjie, PMC Specialties, Tianjin North Food, Shanghai Fortune Two Lions etc. are the leaders of the industry, with high-end customers; have been formed in the monopoly position in the industry.
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