PUBLISHER: IMARC | PRODUCT CODE: 1518607
PUBLISHER: IMARC | PRODUCT CODE: 1518607
The China saccharin market size reached 22,370.8 Metric Tons in 2023. Looking forward, IMARC Group expects the market to reach 41,228.1 Metric Tons by 2032, exhibiting a growth rate (CAGR) of 6.8% during 2024-2032.
Also known as ortho-sulfobenzoic acid imide, saccharin is a synthetic compound that is used as a non-nutritive sweetening agent. It is soluble in water and nearly 200-700 times sweeter than table sugar. It also has a long shelf life and can be consumed after a long period of storage. Although it has a slightly bitter aftertaste, it offers no caloric value and does not get metabolized in the body. Apart from this, it is also considered better for oral health as compared to table sugar as it does not promote tooth decay. On account of these benefits, saccharin is widely utilized in China.
Owing to rapid urbanization, sedentary lifestyles and unhealthy diets, there is a rise in the prevalence of chronic conditions, such as obesity and diabetes, in China. This is resulting in the increasing utilization of low-calorie sugar substitutes like saccharin in the food and beverage (F&B) industry for preparing jams, candies, baked goods, chewing gum, canned fruits, dessert toppings and salad dressings. Apart from this, health-conscious individuals are replacing conventional sugar with saccharin in their diets to limit their calorie consumption. Furthermore, saccharin plays a vital role in the pharmaceutical industry for manufacturing syrup-based medicines. It is also used as a coating on chewable tablets to provide a sweet taste. In line with this, the burgeoning pharmaceutical industry in the country is further contributing to the market growth. Besides this, the easy availability of raw materials, in confluence with low production costs, is anticipated to propel the market growth in the coming years.
IMARC Group provides an analysis of the key trends in each segment of the China saccharin market report, along with forecasts for the period 2024-2032. Our report has categorized the market based on product type and application.
Sodium
Insoluble
Calcium
Sodium saccharin currently represents the most widely used product.
Food and Beverages
Table Top Sweeteners
Personal Care Products
Pharmaceuticals
Others
The food and beverages (F&B) sector accounts for the majority of the total market share.
Kaifeng Xinghua Fine Chemical Ltd.
Shanghai Merry Yang Enterprise Co. Ltd.
Tianjin North Food Co. Ltd.
Hangzhou Focus Corporation
Shaanxi Greenbo Biochem Co. Ltd.