Sodium Cyclamate Market Size Analysis, Segmentation, Industry Outlook, and Forecasts Report, 2023
The factors that propel the growth of the market include a wide range of application, low-cost sweetener, high demand in the pharmaceutical and cosmetic segment, and production of an extensive range of products.
Sodium Cyclamate Industry(firmenpresse) - Global sodium cyclamate market is anticipated to witness an exponential growth in the forecast period. Sodium Cyclamate is also known as “Table sugar” an artificial sweetener that is 30 to 50 times sweeter than sucrose. The factors that propel the growth of the market include a wide range of application, low-cost sweetener, high demand in the pharmaceutical and cosmetic segment, and production of an extensive range of products. On the other hand, there are factors that may hamper the growth of the market including adverse effect. The market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.
The market could be explored by form, application, end user, distribution channel and geography. Market could be explored by form as granular, liquid and powder form. The “Powder form” segment led the sodium cyclamate market in 2017 and will continue to lead in the forecast period. The key factor that may be attributed to the growth of the market includes high demand form food and beverage industry.
The key applications that could be explored in the market include pharmaceutical industry, food & beverages industry (baked goods, seasonings, and sauces, confectionery, soft drinks, canned products), and cosmetic industry. The “Food & Beverages Industry” segment led the market in 2017 and will continue to lead in the forecast period. The key factors that may be attributed to the growth of market includes a large application of sodium cyclamate in various food products and high demand. Based on the end user, the market could span industrial and retail. The “Industrial” segment led the market in 2017 and will continue to lead in the forecast period.
The market could be explored based on distribution channel as direct (convenience store, hypermarket/supermarket, and E-Retailer) and indirect channel. The “Direct channel” segment led the market in 2017 and will continue to lead in the forecast period. The key factor that may be attributed to the growth of the market includes increasing demand for sodium cyclamate by food processing industry.
Europe accounted for the major share of the sodium cyclamate market in 2017 and will continue to lead in the forecast period. North America is followed by North America and Asia-Pacific region. Some of the key players that fuel the growth of the sodium cyclamate market comprise Tongaat Hulett Sugar South Africa Ltd, Fisher Scientific UK Ltd, Sigma-Aldrich, Inc, PT. BATANG ALUM INDUSTRIE, MCM Klosterfrau Vertriebsgesellschaft, Fuerst Day Lawson, and Fagron UK Limited, others. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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Datum: 20.02.2020 - 10:48 Uhr
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