Market Size of Cyclamate Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 2.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Cyclamate Market Analysis
The cyclamate market is expected to record a CAGR of over 2% during the forecast period. Major factor driving the market studied is its application as artificial sweetener in the food and beverage sector. On the flipside, health concerns related to it, such as bladder cancer in humans and cyclamate ban in the United States, are expected to hinder the market growth.
- The growing pharmaceutical sector is expected to offer various opportunities for the growth of market in the near future due to cyclamate usage in the manufacture of various drugs.
- By the end-user industry, the food and beverages segment is expected to dominate the market owing to the growing usage of cyclamate as artificial sweetener.
- The Asia-Pacific region dominated the market across the world, with the largest consumption from countries, such as India and China.