Abstract: – Global Saccharin Market to Reach 48. 9 Thousand Metric Tons by 2027. – Amid the COVID-19 crisis, the global market for Saccharin estimated at 33. 6 Thousand Metric Tons in the year 2020, is projected to reach a revised size of 48.
New York, June 15, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Saccharin Industry” – https://www.reportlinker.com/p06032816/?utm_source=GNW
9 Thousand Metric Tons by 2027, growing at aCAGR of 5.5% over the period 2020-2027. Soluble Saccharin, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach 37.6 Thousand Metric Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Insoluble Saccharin segment is readjusted to a revised 4.6% CAGR for the next 7-year period.
– The U.S. Market is Estimated at 9 Thousand Metric Tons, While China is Forecast to Grow at 9.1% CAGR
– The Saccharin market in the U.S. is estimated at 9 Thousand Metric Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 10.7 Thousand Metric Tons by the year 2027 trailing a CAGR of 9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.