Global Organic Sugar Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Sugar cane refer to several species and hybrids of tall perennial grass in the genus Saccharum, tribe Andropogoneae, which are used for sugar production. Sugar beet is a plant whose root contains a high concentration of sucrose and which is grown commercially for sugar production. These are two types of raw materials of organic sugar.
Market Overview:
The latest research study on the global Organic Sugar market finds that the global Organic Sugar market reached a value of USD 1168.05 million in 2022. It’s expected that the market will achieve USD 2582.79 million by 2028, exhibiting a CAGR of 14.14% during the forecast period.
Influence of COVID-19 Outbreak on Organic Sugar Industry Development
This year, COVID-19 has induced a series of chain reactions in the upstream and downstream of organic sugar production, which has a great impact on the organic sugar industry chain, and the impact on the main body of organic agriculture development is particularly serious. Additionally, many regions of the world are suffering from the second epidemic recently. For example, France has recently countered COVID-19. In mid-September 2020, there was an epidemic where more than 10,000 new cases were diagnosed in a single day, and it is still on the rise. At present, Romania has a total of 113,589 confirmed cases of new crown and a total of 4,458 deaths. In view of the intensified rebound of the epidemic, many countries have restarted prevention and control measures worldwide. Epidemic prevention and control measures will affect the flow of people and activities. This will affect logistics and make the production of the organic sugar industry suffer due to the supply of raw materials and lack of labor.
The factories of some powerful organic sugar producers have been fully automated. Intelligence and digitization have been the inevitable trends of all manufacturing industries. First of all, the COVID-19 will promote the automation and flexible production of the organic sugar industry. More companies will hire more high-tech talents and high-skilled, multi-skilled workers, reduce dependence on labor, and better respond to labor changes. At the same time, the standardization of parts and components, the intelligentization of logistics, and the strengthening of the anti-risk ability of the supply chain will also receive more and more recognition. Secondly, after the epidemic, the in-depth application of digital technology in the organic sugar industry can help improve employee collaboration efficiency, grasp the key elements that promote business growth, respond to changes in market demand more efficiently, and achieve product innovation; The remote intelligent service based on the industrial Internet, through AR, AI and other technologies for remote guidance, to troubleshoot the operation status monitoring of organic sugar production equipment, can effectively improve production efficiency and reduce production costs.
Region Overview:
Europe had the highest growth rate of all regions.
Company Overview:
Südzucker Group is one of the major players operating in the Organic Sugar market, holding a share of 9.8% in 2020.
Südzucker AG operates in the traditional sugar industry in Eastern and Western Europe. The Company, through its subsidiaries, produces functional food, chilled frozen and starch and fruit concentrates. Südzucker's other business includes bioethanol activities.
Acquired by the Group in 1956 and located in Sertãozinho / SP, Usina São Francisco currently has a crushing capacity of 1.5 million tons of sugarcane per harvest and has a flexible industrial plant for the production of VVHP sugar, organic sugar, hydrated ethanol, organic neutral ethanol and neutral ethanol.
Segmentation Overview:
Among different product types, Sugar Cane Source segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Bakery segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Organic Sugar market covered in Chapter 3:
Nordzucker AG
Südzucker Group
Wangkanai Sugar Co., Ltd
Florida Crystals
Tereos SCA
Jalles Machado S/A
LOC Industries, Inc
Pronatec AG
Grupo Econômico Balbo
RAÍZEN
In Chapter 4 and Chapter 14.2, on the basis of types, the Organic Sugar market from 2018 to 2029 is primarily split into:
Sugar Cane Source
Sugar Beets Source
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Organic Sugar market from 2018 to 2029 covers:
Bakery
Beverages
Confectionery
Ice Cream and Dairy
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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