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Market Research Report

Indian Saccharin Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

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Indian Saccharin Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024
Published: April 8, 2019 Content info: 120 Pages
Description

The Indian saccharin market reached a volume of 4,653 Tons in 2018. The market is further projected to exceed 5,341 Tons by 2024, exhibiting a CAGR of 2.3% during 2019-2024. 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 2024, the total number of diabetes patients in India are 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 Indian 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 industry?
  • What are the key driving factors and challenges in the Indian saccharin industry?
  • What is the structure of the Indian saccharin industry 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?
Table of Contents
Product Code: SR1018G92_Report

Table of Contents

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 Key Price Indicators
    • 6.3.2 Price Structure
    • 6.3.3 Price Trends
  • 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 Manufacturers
    • 6.8.5 Distributors
    • 6.8.6 Exporters
    • 6.8.7 Retailers
    • 6.8.8 End-Users
  • 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 and Key Risk Factors

7 Market Breakup by Product Type

  • 7.1 Sodium Saccharin
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Insoluble Saccharin
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Calcium Saccharin
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Food and Beverages
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Table Top Sweeteners
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Personal Care Products
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Pharmaceuticals
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Others
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

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 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 Capacities of 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
    • 13.3.3 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: Volume Trend (in Tons), 2011-2018
  • Figure 3: Global: Saccharin Market: Value Trend (in Million US$), 2011-2018
  • Figure 4: Global: Saccharin Market: Breakup by Product Type (in %), 2018
  • Figure 5: Global: Saccharin Market: Breakup by Application (in %), 2018
  • Figure 6: Global: Saccharin Market: Breakup by Region (in %), 2018
  • Figure 7: Global: Saccharin Market Forecast: Volume Trend (in Tons), 2019-2024
  • Figure 8: Global: Saccharin Market Forecast: Value Trend (in Million US$), 2019-2024
  • Figure 9: India: Saccharin Market: Volume Trend (in Tons), 2011-2018
  • Figure 10: India: Saccharin Market: Value Trend (in Million US$), 2011-2018
  • Figure 11: Saccharin Market: Price Structure (in US$/Ton)
  • Figure 12: India: Saccharin Market: Average Prices (in US$/Ton), 2011-2018
  • Figure 13: India: Saccharin Market Forecast: Average Prices (in US$/Ton), 2019-2024
  • Figure 14: India: Saccharin Market: Breakup by Product Type (in %), 2018
  • Figure 15: India: Saccharin Market: Breakup by Application (in %), 2018
  • Figure 16: India: Saccharin Market Forecast: Volume Trend (in Tons), 2019-2024
  • Figure 17: India: Saccharin Market Forecast: Value Trend (in Million US$), 2019-2024
  • 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: Volume Trend (in Tons), 2011 & 2018
  • Figure 22: India: Sodium Saccharin Market Forecast: Volume Trend (in Tons), 2019-2024
  • Figure 23: India: Insoluble Saccharin Market: Volume Trend (in Tons), 2011 & 2018
  • Figure 24: India: Insoluble Saccharin Market Forecast: Volume Trend (in Tons), 2019-2024
  • Figure 25: India: Calcium Saccharin Market: Volume Trend (in Tons), 2011 & 2018
  • Figure 26: India: Calcium Saccharin Market Forecast: Volume Trend (in Tons), 2019-2024
  • Figure 27: India: Saccharin Market (Applications in Food and Beverages): Volume Trend (in Tons), 2011 & 2018
  • Figure 28: India: Saccharin Market Forecast (Applications in Food and Beverages): Volume Trend (in Tons), 2019-2024
  • Figure 29: India: Saccharin Market (Applications in Table Top Sweeteners): Volume Trend (in Tons), 2011 & 2018
  • Figure 30: India: Saccharin Market Forecast (Applications in Table Top Sweeteners): Volume Trend (in Tons), 2019-2024
  • Figure 31: India: Saccharin Market (Applications in Personal Care Products): Volume Trend (in Tons), 2011 & 2018
  • Figure 32: India: Saccharin Market Forecast (Applications in Personal Care Products): Volume Trend (in Tons), 2019-2024
  • Figure 33: India: Saccharin Market (Applications in Pharmaceuticals): Volume Trend (in Tons), 2011 & 2018
  • Figure 34: India: Saccharin Market Forecast (Applications in Pharmaceuticals): Volume Trend (in Tons), 2019-2024
  • Figure 35: India: Saccharin Market (Other Applications): Volume Trend (in Tons), 2011 & 2018
  • Figure 36: India: Saccharin Market Forecast (Other Applications): Volume Trend (in Tons), 2019-2024
  • Figure 37: Saccharin Manufacturing: Detailed Process Flow
  • Figure 38: Saccharin Manufacturing: Conversion Rate of Feedstocks
  • Figure 39: Saccharin Manufacturing Plant: Breakup of Capital Costs (in %)
  • Figure 40: Saccharin Industry: Profit Margins at Various Stages of Supply Chain
  • Figure 41: Saccharin Manufacturing Plant: Breakup of Operational Costs (%)

List of Tables

  • Table 1: Global: Saccharin Market: Key Industry Highlights, 2018 and 2024
  • Table 2: India: Saccharin Market: Key Industry Highlights, 2018 and 2024
  • Table 3: India: Saccharin Market Forecast: Breakup by Product Type (in Tons), 2019-2024
  • Table 4: India: Saccharin Market Forecast: Breakup by Application (in Tons), 2019-2024
  • Table 5: Sodium Saccharin: General Properties
  • Table 6: Sodium Saccharin Manufacturing Plant: Raw Material Requirements (in Ton/Day)
  • Table 7: Sodium Saccharin Manufacturing Plant: Costs Related to Land and Site Development (in US$)
  • Table 8: Sodium Saccharin Manufacturing Plant: Costs Related to Civil Works (in US$)
  • Table 9: Sodium Saccharin Manufacturing Plant: Costs Related to Plant and Machinery (in US$)
  • Table 10: Sodium Saccharin Manufacturing Plant: Raw Material Requirements (in Ton/Day) and Expenditures (US$/Ton)
  • Table 11: Sodium Saccharin Manufacturing Plant: Utility Requirements and Expenditures
  • Table 12: Sodium Saccharin Manufacturing Plant: Manpower Requirements and Expenditures
  • Table 13: Details of Financial Assistance Offered by Financial Institutions
  • Table 14: Sodium Saccharin Manufacturing Plant: Capital Costs (in US$)
  • Table 15: Sodium Saccharin Manufacturing Plant: Techno-Economic Parameters
  • Table 16: Sodium Saccharin Manufacturing Plant: Taxation (in US$/Year)
  • Table 17: Sodium Saccharin Manufacturing Plant: Depreciation (in US$/Year)
  • Table 18: Sodium Saccharin Manufacturing Plant: Income Projections (in US$)
  • Table 19: Sodium Saccharin Manufacturing Plant: Expenditure Projections (in US$)
  • Table 20: Sodium Saccharin Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
  • Table 21: Sodium Saccharin Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
  • Table 22: Sodium Saccharin Manufacturing Plant: Profit and Loss Account (in US$)
  • Table 23: India: Saccharin Market: Competitive Structure
  • Table 24: India: Saccharin Market: Capacities of Key Players
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