Global Industrial Sugar Market Size study & Forecast, by Source (Cane sugar, Beet Sugar), by Type (White Sugar, Brown sugar, and Liquid Sugar), by End-Use (Beverages, Confectionery, Bakery Products, Dairy products and Others) and Regional Analysis, 2022-2

Global Industrial Sugar Market Size study & Forecast, by Source (Cane sugar, Beet Sugar), by Type (White Sugar, Brown sugar, and Liquid Sugar), by End-Use (Beverages, Confectionery, Bakery Products, Dairy products and Others) and Regional Analysis, 2022-2029

Global Industrial Sugar Market is valued at approximately USD 37.62 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 2.72% over the forecast period 2022-2029. Pharmaceuticals, jams, jellies, meats, chewing gum, dairy products, condiments, pickles, bakery goods, cereals, liquid sugar, powdered sugar, candies, and powdered drink mixes are just a few of the many products that use industrial sugar. The Industrial Sugar market is expanding because of factors such as increasing utilization in processed food and beverages and increasing demand for sweet confectioneries.

According to the Centers for Disease Control and Prevention, On any given day, 6 in 10 youth (63%) and 5 in 10 adults (49%) consumed a beverage with added sugar. On any given day, US adults and youth each drank 145 calories from SSBs and 143 calories from SSBs, respectively. With the high consumption of sugar sweetened beverages is catering to the growth of market. Furthermore, Productivity Improvement and product innovation activities is catering the growth of market However, the growth in demand for alternate sweeteners as sugar substitutes stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Industrial Sugar Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Among these regions, the highest share of the global industrial sugar market is held by Asia Pacific. The market is expanding significantly, mostly as a result of increased demand for sugar-rich confectionery items and soft drinks, particularly in urban areas. Due to increased consumer discretionary incomes and a growing population, India is expected to experience the strongest growth in the area, followed by China, Indonesia, and then Indonesia.

Major market players included in this report are:
Suedzucker AG
Tereos S.A
Cosan
Associated British Foods
Mitr Phol Group
Cargill Inc
Imperial Sugar Company
Rogers Sugar Inc
American Crystal Sugar Company
Louis Dreyfus Holding B.V

Recent Developments in the Market:
 In February 2020, DouxMatox and Lantic, a North American sugar producer, established a partnership to provide food processing businesses in North America with a distinctive sugar reduction solution based on cane sugar.
 In July 2019, natural brown sugar has been introduced by Parry's, a well-known sugar producer in India. Less processing was used to create the product, which also contains micronutrients including calcium, magnesium, potassium, and iron.

Global Industrial Sugar Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Source, Type, End-Use Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Source offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Source:
Cane sugar
Beet Sugar
By Type:
White Sugar
Brown sugar
Liquid Sugar
By End-Use:
Beverages
Confectionery
Bakery Products
Dairy products
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned

Suedzucker AG
Tereos S.A
Cosan
Associated British Foods
Mitr Phol Group
Cargill Inc
Imperial Sugar Company
Rogers Sugar Inc
American Crystal Sugar Company
Louis Dreyfus Holding B.V

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