Indian Saccharin Market Share, Size, Industry Trends, Growth, Regional Outlook and Key Players

Indian Saccharin Market Trends, Report and Forecast Till 2023

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Report Description and Highlights

Report Description

Indian Saccharin Market Report By Product Type (Sodium Saccharin, Insoluble Saccharin and Calcium Saccharin), Application (Food & Beverages, Table Top Sweeteners, Personal Care Products, Pharmaceuticals and Others), Key Players The Indian saccharin market has witnessed a positive growth over the past few years due to the rising demand for saccharin in various end-use industries such as pharmaceutical, electroplating, food and beverage, as well as cosmetics.

Market Overview: The latest report by IMARC Group, entitled “Indian Saccharin Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the Indian saccharin market reached a volume of 4,540 Tons in 2017. At present, India represents both the largest producer as well as consumer of sugar across the globe. Increasingly inactive lifestyle of the population, particularly in the urban regions of the country, has consequently given a rise to the prevalence of obesity, diabetes, hypertension and other lifestyle diseases. Owing to this, a large section of the society is favouring healthier sugar substitutes such as saccharin. Saccharin is a sweetening agent which is 200-700 times sweeter than sugar. As saccharin does not break down during the process of digestion and passes through the body unchanged without contributing to the calories, it is widely used amongst the Indian consumers.

Report Description and Highlights

Report Description

On account of altering food patterns as well as escalating health consciousness, consumers are increasingly preferring artificial sweeteners, especially for controlling a spike in their sugar levels, which is augmenting the demand for saccharin in the region. Moreover, saccharin is used in the food and beverage sector for manufacturing baked goods, canned fruits, salad dressings, chewing gums, carbonated drinks and confectionery food items. As the food and beverage industry is witnessing a strong growth, it is therefore offering lucrative opportunities to the investors of the saccharin market. Apart from being used in the food and beverage industry, saccharin is also employed in other industries like pharmaceutical, cosmetics, personal care, and electroplating industry. Within the pharmaceutical industry, saccharin is most commonly utilised in the formulation of oral care products like cough syrup and mouthwash. Other factors which are contributing to the market growth include population growth, escalating working population, inflating disposables incomes and hectic work schedules which have increased the dependence on ready-to-eat (RTE) food products. Looking forward, the market volume is projected to exceed 5,110 Tons by 2023, expanding at a CAGR of 2% during 2018-2023.

Indian Saccharin Market Segmentation: Market Segmentation by Product Type o Sodium Saccharin For more information, click here: https://www.imarcgroup.com/indian-saccharin-market

Market Forecast

Sample Figure: India: Saccharin Market Forecast: Sales Volume (in Tons), 2018-2023

184.3

191.7

199.3

207.3

2018

2019

2020

2021

215.6

224.2

2022

2023

Market Segmentation

Report Description o Insoluble Saccharin o Calcium Saccharin

Based on type, the market has been segmented as sodium saccharin, insoluble saccharin and calcium saccharin. Currently, sodium saccharin accounts for the majority of the market share, representing the most popular product type.

Market Segmentation by Application • • • • •

Food and Beverages Table Top Sweeteners Personal Care Products Pharmaceuticals Others

On the basis of application, food and beverages represent the leading segment with the biggest market share. Other applications of saccharin in India include table top sweeteners, personal care products, pharmaceutical and others.

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Market Segmentation

Report Description Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players.

• • • • •

Blue Circle Organics Pvt. Ltd Vishnu Chemicals Limited Organic Industries Pvt. Ltd Aviditya Chemicals and Pharmaceuticals Salvi Chemicals

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Report Description and Highlights

Report Description

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