Global Industrial Sugar Market worth value of USD 67.98 billion by 2026
Global Industrial Sugar Market, By Type (White Sugar, Brown Sugar, Liquid Sugar), Source (Cane and Beet), Form (Granulated, Powdered, Syrup), Application (Dairy, Bakery, Confectionary, Beverage, Canned & Frozen Foods, Pharmaceutical, Others Food Items), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India,Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Industrial sugar market is expected to grow with a growth rate of 7.50% in the forecast period of 2020 to 2027. The increasing style of packaged food is expected to increase the growth of the industrial sugar market in the forecast period of 2020- 2027.
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Market Analysis and Insights: Global Industrial Sugar Market
Sugar is a type of carbohydrate which is made from carbon, hydrogen and oxygen and is very essential for the body, as the brain needs 130 grams of sugar per day to function properly. Fructose, galatose, glucose, lactose, maltose, sucrose, and xylose are all common forms of sugar. High-sugar products include ketchup, fruit juice, chocolate milk, ice tea, BBQ among others.
Availability of sugar substitutes such as honey, coconut sugar, maple syrup may hamper the growth of the industrial sugar market in the forecast period of 2020- 2027.
Industrial Sugar Market Scope and Market Size
Industrial sugar market is segmented on the basis of type, source, form and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of source, the industrial sugar market is segmented into cane and beet.
· On the basis of type, the industrial sugar market is segmented into white sugar, brown sugar, and liquid sugar.
· On the basis of form, the industrial sugar market is segmented into granulated, powdered, and syrup.
· On the basis of application, the industrial sugar market is segmented into dairy, bakery, confectionary, beverage, canned & frozen foods, pharmaceutical, and others food items.
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Industrial Sugar Market Country Level Analysis
Industrial sugar market is analyzed and market size, volume information is provided by country, by region, type, source, form and application as referenced above.
The countries covered in the industrial sugar market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the industrial sugar market in the forecast period of 2020 to 2027 due to rising urbanization and changing food habits of the people in the region.
The country section of the industrial sugar market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Some of the major players operating in this market are :
q Südzucker AG
q British Sugar PLC
q Tereos, Cargill
q Incorporated
q Lantic Inc
q Michigan Sugar Company
q Imperial Sugar
q Guangxi Guitang Group Co., Ltd
Customization Available: Global Industrial Sugar Market
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