+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Saccharin Sweetener Market - Forecasts from 2019 to 2024

  • ID: 4801657
  • Report
  • 113 pages
  • Knowledge Sourcing Intelligence LLP
UP TO OFF
until Dec 31st 2019
1 of 4

FEATURED COMPANIES

  • B&G Foods, Inc.
  • Cumberland Packing Corp.
  • PMC Specialties Group
  • Vishnu Chemicals Ltd.
  • MORE
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.

Drivers

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

Restraints

Availability of substitutes
Allergic reactions as well as health and safety concerns caused by saccharin
Stringent Government regulations

Industry Update

In January 2019, Merisant Company, launched Sugarly Sweet Zero Calorie Sweetener made with aspartame or saccharin

Major industry players profiled as part of the report are B&G Foods, Inc., Cumberland Packing Corp., Kyung-In Synthetic Corporation, Penta International Corporation, Tianjin Changjie Chemical Co., Ltd., Jiangxi Dongxu Chemical Science And Technology Co., Ltd., Vishnu Chemicals Ltd., PMC Specialties Group, TwoLions (Zhangjiagang) Fine Chemicals Co., Ltd., Kaifeng Xinghua Fine Chemical LTD.

Segmentation

The Saccharin sweetener market has been analyzed through the following segments:

By Type
Granular
Powder
Liquid

By Application
Dairy
Beverages
Confectionary and Bakery
Processed food
Others

By Geography
North America
USA
Canada
Mexico
Others

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • B&G Foods, Inc.
  • Cumberland Packing Corp.
  • PMC Specialties Group
  • Vishnu Chemicals Ltd.
  • MORE
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
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
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. SACCHARIN SWEETENER MARKET BY TYPE
5.1. Granular
5.2. Powder
5.3. Liquid

6. SACCHARIN SWEETENER MARKET BY APPLICATION
6.1. Dairy
6.2. Beverages
6.3. Confectionary and Bakery
6.4. Processed Food
6.5. Others

7. SACCHARIN SWEETENER MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.1.4. Others
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others

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
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • B&G Foods, Inc.
  • Cumberland Packing Corp.
  • Kyung-In Synthetic Corporation
  • Penta International Corporation
  • Tianjin Changjie Chemical Co., Ltd.
  • Jiangxi Dongxu Chemical Science And Technology Co., Ltd.
  • Vishnu Chemicals Ltd.
  • PMC Specialties Group
  • TwoLions (Zhangjiagang) Fine Chemicals Co., Ltd.
  • Kaifeng Xinghua Fine Chemical LTD
Note: Product cover images may vary from those shown
5 of 4

The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.

The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.

The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.

 

Loading
LOADING...

Adroll
adroll