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Indian Saccharin Market 2021-2026: Size, Share, Price, Forecast Trends and Research Report

Apr 07, 2021 (SUPER MARKET RESEARCH via COMTEX) --

According to the latest report by IMARC Group, titled “Indian Saccharin Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the Indian Saccharin market reached a volume of 4,812 Metric Tons in 2020. Saccharin, with the chemical formula C7H5NO3S, is a low-calorie artificial sweetener, which is about 300 to 500 times sweeter than sucrose (table sugar). It appears as white crystals or crystalline powder and is produced by synthesizing O-toluene sulfonamide or Phthalic anhydride. It is usually combined with sodium or calcium to form saccharin salt, which is soluble in water. Although characterized by a metallic aftertaste, it is preferred by individuals owing to its non-nutritive attribute that does not affect blood sugar levels or cause tooth decay. Consequently, it is widely used in various food and beverage products, such as baked goods, jams, pastries, carbonated sodas, chewing gums and tinned fruits, as a sweetener and in personal care products, including toothpaste and mouthwash, as a flavoring agent.

Request Free Sample Report: https://www.imarcgroup.com/indian-saccharin-market/requestsample

Market Trends:
The market in India is primarily driven by the growing awareness among the masses regarding the adverse effects of high consumption of sugar. In line with this, increasing prevalence of lifestyle diseases, owing to the sedentary lifestyle led by a majority of the working population, has resulted in the growing inclination toward the incorporation of healthy alternatives of sugar. Consumers in the country are significantly focusing on reducing the intake of sugar in their daily diets and replacing it with low-calorie sweeteners, such as saccharin, thereby providing an impetus to the market growth. Moreover, altering food preferences and inflating disposable incomes of the consumers have influenced the sales of ready to eat and convenience food products, which utilize saccharin as an indispensable ingredient. Additionally, saccharin is extensively used as a key ingredient in the manufacturing of syrup-based medicines and to render a sweet taste to chewable tablets. Numerous favorable initiatives taken by the government of India to support domestic players in the saccharin industry are further creating a positive outlook for the market. For instance, the Department of Revenue has imposed a countervailing duty on export goods, including saccharin, that are exported by China in particular, to safeguard the domestic industry from unfair trade practices of subsidization. On account of the aforementioned factors, the market to exhibit stable growth during 2021-2026.

Market Breakup by Type:

  • Sodium Saccharin
  • Insoluble Saccharin
  • Calcium Saccharin

Currently, sodium saccharin accounts for the majority of the market share, representing the most popular product type.

Market Breakup by Application:

  • Food & Beverages
  • Table-Top Sweeteners
  • Personal care products
  • Pharmaceutical

On the basis of application, food and beverages represent the leading segment with the biggest market share.

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

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

Ask Analyst and Download Full Report with List of Figure: http://bit.ly/2C6CwDK

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Contact Us

IMARC Group
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Tel No:(D) +91 120 433 0800 | www.imarcgroup.com
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The post Indian Saccharin Market 2021-2026: Size, Share, Price, Forecast Trends and Research Report appeared first on Super Market Research.

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