CYCLAMATE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The stringent regulations imposed on cyclamates by various governments around the world are posing major challenges for the growth of the global cyclamate market. Many countries have completely banned the use of cyclamates as food additives owing to potential health risks associated with their consumption. For instance, the U.S. Food and Drug Administration banned cyclamates in the US in 1969 as animal testing showed cyclamates caused cancer. Similarly, the European Union also imposed a ban on cyclamates in food items in the 2000s.

Market Opportunities: Scope for new product launches in emerging economies

The emerging economies around the world present a massive potential for growth in the global cyclamate market. Countries such as India, Indonesia, Nigeria, Egypt and others are experiencing rapid development and economic expansion. With a growing middle class and increasingly westernized diets in these nations, the demand for processed and packaged food and beverages is surging dramatically.