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MarketResearch.biz delivers in-depth insights on the global industrial sugar market in its upcoming report titled, “Global Industrial Sugar Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global industrial sugar market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global industrial sugar market report has been segmented on the basis of type, form, Source, application, and region.
The global industrial sugar market is expected to grow at a significant rate owing to increasing demand from food industry as well as industrial applications. Moreover, the high production of sugar cane is expected to register a positive impact on the global industrial sugar market. Industrial sugar is commercially produced with the use to two raw materials such as sugar cane and beetroot. Sugarcane produced sugar is widely used globally owing to rich production volumes coupled with high consumer preference. Increasing wide applications of sugar in various industries have encouraged large number of new players in the market. The manufacturers primarily compete in terms of production capacities and regional coverage. The industry has numerous small and medium-sized local players and a few market giants, which serve globally.
However, with the passing years’ consumer preference has been changing towards healthy diet habits and rising awareness towards health hazards associated with high sugar consumption may have an impact on the product demand over the forecast period. In addition, the monoculture production of sugar used in industry along with alternative sweeteners such as stevia, raw honey, coconut sugar, and dates is expected to hinder the industrial sugar market growth over the projected period. Moreover, increasing number of diabetic patients across the globe is expected to reduce the usage of industrial sugar hampering its demand in application industries.
Currently, the market in Asia Pacific region is dominating the industrial sugar market and expected to continue the same owing to factors such as increasing sugarcane production and rising end-use demand over the forecast period. Moreover, availability of abundant raw material in countries such as China, India, Pakistan, and Indonesia owing to favourable atmospheric conditions, is likely to impact the industry trend on a positive note. The North America sugar imports are expected to increase slowly during the forecast period. Brazil is one of the largest exporters of sugar and is expected to remain same over the forecast period owing to the abundant availability of raw material in the region.
Global Industrial Sugar Market Segmentation:
Segmentation on the basis of type:
- White sugar
- Brown sugar
- Liquid sugar
Segmentation on the basis of form:
Segmentation on the basis of source:
- Cane sugar
- Beet sugar
Segmentation on the basis of application:
- Food Industry
- Beverage Industry
- Pharmaceuticals Industry
- Other (Chemical, textile etc.)
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Tereos S.A.
- Nordzucker Group AG
- I.D Parry Limited
- Suedzucker AG
- Archer Daniels Midland Company
- Illovo Sugar (Pty) Ltd
- Nordzucker Group AG.
- Cosan SA
- Mitr Phol Sugar Corp.
- Wilmar International Ltd.
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