Market Research Logo

Indian Saccharin Market : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Indian Saccharin Market : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

The Indian saccharin market reached a volume of 4,540 Tons in 2017. The market is further projected to exceed 5,112 Tons by 2023, exhibiting a CAGR of around 2% during 2018-2023. Saccharin is an artificial sweetener chemically synthesized from O-toluene sulfonamide or Phthalic anhydride. Saccharin can be 300 times sweeter than table sugar (sucrose) and does not affect the blood sugar levels or cause tooth decay as it has no calories like other non-nutritive sweeteners. Nevertheless, it does have a bitter aftertaste, particularly at high concentrations. It is unstable when heated but does not react chemically with other food ingredients, which makes it good for storage.

On account of its properties, saccharin is consumed by diabetics and people on a sugar-free diet. It is also extensively employed in diet soft drinks and other low-calorie foods, and it is useful in foods and pharmaceuticals in which the presence of sugar might lead to spoilage. As a result of this, saccharin is extensively used in various sugar-free food and pharmaceuticals products, such as baked goods, jams, chewing gums, carbonated drinks, tinned fruits, toothpaste, etc.

Market Drivers

Saccharin is an artificial sweetening agent with drastically lesser amount of carbohydrate as compared to sugar. It is not metabolized by the human body and gets excreted in the same form as it is consumed. Due to these attributes, saccharin is useful for people whose diet requires a check in carbohydrate and calorie intake, such as people with diabetes and obesity. It also assists people in weight management and reduces dental cavities.
Saccharine is 300 times sweeter then sucrose. It is heat-stable and does not react with other food ingredients, hence it is widely used in cooking purposes. As mentioned earlier, saccharin is a great boon for people who have a restriction in carbohydrate and calorie intake, as it replicates the taste of sugar in any dish, thereby retaining its palatability.
Apart from its numerous health benefits, saccharin has much longer shelf-life when compared to sugar. When it is stored in air-tight container at room temperature, the normal shelf-life of saccharin is five years.
With around 72 Million diabetes patients, India currently represents the second largest country of diabetes patients in the world. By 2023, the total number of diabetes patients in India is projected to reach over 84 Million. This is expected to have a positive impact on the consumption of saccharin.
Incidences of health issues mainly associated with weight gain have made Indian consumers more conscious about losing weight, being fit and healthy. People have begun to shift towards low-calorie diets and avoid intake of sugar. Saccharin, being a zero-calorie sweetener, is used by consumers to stay in better overall health, manage weight and maintain an attractive physical appearance.

Market Summary:

Based on the product type, the market has been segmented as sodium saccharin, insoluble saccharin and calcium saccharin.
On the basis of application, the food and beverages sector represented the largest segment, followed by table top sweeteners, personal care products, pharmaceuticals and others.
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 and Pharmaceuticals and Salvi Chemicals.

This report provides a deep insight into the Indian saccharin market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a saccharin manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the saccharin industry in any manner.

Key Questions Answered in This Report:

How has the Indian saccharin market performed so far and how will it perform in the coming years?
Which are the popular product types in the Indian saccharin market?
What are the major application sectors in the Indian saccharin market?
What are the various stages in the value chain of the Indian saccharin market?
What are the key driving factors and challenges in the Indian saccharin market?
What is the structure of the Indian saccharin market and who are the key players?
What is the degree of competition in the Indian saccharin market?
How is saccharin manufactured?
What are the various unit operations involved in a saccharin manufacturing plant?
What is the total size of land required for setting up a saccharin manufacturing plant?
What are the machinery requirements for setting up a saccharin manufacturing plant?
What are the raw material requirements for setting up a saccharin manufacturing plant?
What are the packaging requirements for saccharin?
What are the transportation requirements for saccharin?
What are the utility requirements for setting up a saccharin manufacturing plant?
What are the manpower requirements for setting up a saccharin manufacturing plant?
What are the infrastructure costs for setting up a saccharin manufacturing plant?
What are the capital costs for setting up a saccharin manufacturing plant?
What are the operating costs for setting up a saccharin manufacturing plant?
What will be the income and expenditures for a saccharin manufacturing plant?
What is the time required to break-even?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Saccharin Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Application
5.5 Market Breakup by Region
5.6 Market Forecast
6 Indian Saccharin Market
6.1 Market Overview
6.2 Market Performance
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Price Analysis
6.3.1 Price Trends
6.3.2 Price Structure
6.3.3 Price Forecast
6.4 Market Breakup by Product Type
6.5 Market Breakup by Application
6.6 Market Forecast
6.7 SWOT Analysis
6.7.1 Overview
6.7.2 Strengths
6.7.3 Weaknesses
6.7.4 Opportunities
6.7.5 Threats
6.8 Value Chain Analysis
6.8.1 Overview
6.8.2 Research and Development
6.8.3 Raw Material Procurement
6.8.4 Manufacturing
6.8.5 Marketing
6.8.6 Distribution
6.8.7 End-Use
6.9 Porters Five Forces Analysis
6.9.1 Overview
6.9.2 Bargaining Power of Buyers
6.9.3 Bargaining Power of Suppliers
6.9.4 Degree of Competition
6.9.5 Threat of New Entrants
6.9.6 Threat of Substitutes
6.10 Key Success Factors and Key Risk Factors
7 Market Breakup by Product Type
7.1 Sodium Saccharin
7.2 Insoluble Saccharin
7.3 Calcium Saccharin
8 Market Breakup by Application
8.1 Food and Beverages
8.2 Table Top Sweeteners
8.3 Personal Care Products
8.4 Pharmaceuticals
8.5 Others
9 Saccharin Manufacturing Process
9.1 Product Overview
9.2 Detailed Process Flow
9.3 Various Types of Unit Operations Involved
9.4 Mass Balance and Raw Material Requirements
10 Project Details, Requirements and Costs Involved
10.1 Land, Location and Site Development
10.2 Construction Requirements and Expenditures
10.3 Plant Machinery
10.4 Raw Materials Requirements and Expenditures
10.5 Raw Material and Final Product Pictures
10.6 Packaging and Transportation Requirements and Expenditures
10.7 Utilities Requirements and Expenditures
10.8 Manpower Requirements and Expenditures
11 Loans and Financial Assistance
12 Project Economics
12.1 Capital Cost of the Project
12.2 Techno-Economic Parameters
12.3 Product Pricing and Margins across Various Levels of the Supply Chain
12.4 Taxation and Depreciation
12.5 Income Projections
12.6 Expenditure Projections
12.7 Financial Analysis
12.8 Profit Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Blue Circle Organics Pvt. Ltd.
13.3.1.1 Company Overview
13.3.1.2 Description
13.3.1.3 Product Portfolio
13.3.2 Vishnu Chemicals Limited
13.3.2.1 Company Overview
13.3.2.2 Description
13.3.2.3 Product Portfolio
13.3.2.4 Financials
13.3.3 Organic Industries Pvt. Ltd.
13.3.3.1 Company Overview
13.3.3.2 Description
13.3.3.3 Product Portfolio
13.3.4 Aviditya Chemicals and Pharmaceuticals
13.3.4.1 Company Overview
13.3.4.2 Description
13.3.4.3 Product Portfolio
13.3.5 Salvi Chemicals
13.3.5.1 Company Overview
13.3.5.2 Description
13.3.5.3 Product Portfolio
List of Figures
Figure 1: India: Saccharin Market: Major Drivers and Challenges
Figure 2: Global: Saccharin Market: Sales Volume (in Tons), 2010-2017
Figure 3: Global: Saccharin Market: Sales Value (in Million US$), 2010-2017
Figure 4: Global: Saccharin Market: Breakup by Product Type (in %), 2017
Figure 5: Global: Saccharin Market: Breakup by Application (in %), 2017
Figure 6: Global: Saccharin Market: Breakup by Region (in %), 2017
Figure 7: Global: Saccharin Market Forecast: Sales Volume (in Tons), 2018-2023
Figure 8: Global: Saccharin Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 9: India: Saccharin Market: Sales Volume (in Tons), 2010-2017
Figure 10: India: Saccharin Market: Sales Value (in Million US$), 2010-2017
Figure 11: India: Saccharin Market: Average Prices (in US$/Ton), 2010-2017
Figure 12: India: Saccharin Market: Price Structure (in US$/Ton)
Figure 13: India: Saccharin Market Forecast: Average Prices (in US$/Ton), 2018-2023
Figure 14: India: Saccharin Market: Breakup by Product Type (in %), 2017
Figure 15: India: Saccharin Market: Breakup by Application (in %), 2017
Figure 16: India: Saccharin Market Forecast: Sales Volume (in Tons), 2018-2023
Figure 17: India: Saccharin Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 18: India: Saccharin Industry: SWOT Analysis
Figure 19: India: Saccharin Industry: Value Chain Analysis
Figure 20: India: Saccharin Industry: Porter’s Five Forces Analysis
Figure 21: India: Sodium Saccharin Market: Sales Volume (in Tons), 2010, 2017 & 2023
Figure 22: India: Insoluble Saccharin Market: Sales Volume (in Tons), 2010, 2017 & 2023
Figure 23: India: Calcium Saccharin Market: Sales Volume (in Tons), 2010, 2017 & 2023
Figure 24: India: Saccharin Market (Applications in Food and Beverages Sector): Sales Volume (in Tons), 2010, 2017 & 2023
Figure 25: India: Saccharin Market (Applications in Table Top Sweeteners): Sales Volume (in Tons), 2010, 2017 & 2023
Figure 26: India: Saccharin Market (Applications in Personal Care Products): Sales Volume (in Tons), 2010, 2017 & 2023
Figure 27: India: Saccharin Market (Applications in Pharmaceuticals): Sales Volume (in Tons), 2010, 2017 & 2023
Figure 28: India: Saccharin Market (Applications in Other Sectors): Sales Volume (in Tons), 2010, 2017 & 2023
Figure 29: Saccharin Manufacturing: Detailed Process Flow
Figure 30: Saccharin Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 31: Saccharin Industry: Profit Margins at Various Stages of Supply Chain
Figure 32: Saccharin Manufacturing Plant: Breakup of Operational Costs (%)
List of Tables
Table 1: Global: Saccharin Market: Key Industry Highlights, 2017 and 2023
Table 2: India: Saccharin Market: Key Industry Highlights, 2017 and 2023
Table 3: India: Saccharin Market Forecast: Breakup by Product Type (in Tons), 2018-2023
Table 4: India: Saccharin Market Forecast: Breakup by Application (in Tons), 2018-2023
Table 5: Saccharin Manufacturing: Conversion Rate of Feedstocks
Table 6: Saccharin Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Saccharin Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 8: Saccharin Manufacturing Plant: Costs Related to Plant Machinery (in US$)
Table 9: Saccharin Manufacturing Plant: Utility Requirements
Table 10: Saccharin Manufacturing Plant: Manpower Requirements (in US$)
Table 11: India: Saccharin Market: Competitive Structure
Table 12: India: Saccharin Market: Capacities of Key Players

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report