UA-145931898-1

Industrial Sugar Market Growth Factors, Regional Segment Revenue Analysis, 2022–2027

Comments · 141 Views

The Global Industrial Sugar Market was valued at USD 37.23 billion in 2019 and is expected to reach USD 45.6 billion by the year 2027, at a CAGR of 6.5%.

According to the current analysis of Reports and Data, the Global Industrial Sugar Market is expected to reach USD 45.6 billion by the year 2027, in terms of value at a CAGR of 6.5% from 2020-2027. Industrial sugar is a flourishing commodity across the world that is driving the market. An increase in the usual international prices and the surge in the importance of international trade of sugar are resulting in the rising demand for industrial sugar. Furthermore, the progress is principally supplemented by the increasing population and the growing consumption of sweetened items. The growth in the confectionery products, especially bakery foods, are driving the higher usage of industrial sugar in the market. Nevertheless, certain limitations like water consumption due to monoculture production of industrial sugar is a foremost restraint for the industrial sugar market across the world. Additionally, the sudden impact of the COVID-19 pandemic will hinder the growth by halting production and disrupting the supply chain.

Get a sample of the report: @ https://www.reportsanddata.com/sample-enquiry-form/3371

Pricing pressure of Industrial Sugar and increasing costs of sugar production are the significant challenges for the industrial sugar market growth. According to FAO, World sugar prices are predicted to stay low in the short term before rising moderately in the following years. By 2025, they will be higher than in 2018. The nominal world raw sugar price is forecasted at USD 342/t and USD 425/t for white sugar in 2025. The white sugar premium, although improving in the current period due to increasing import demand in Sudan and  Myanmar, is foreseen to undergo a squeeze in 2018, as the abolition of the EU sugar quota allows for further one exports of white sugar on the world market. The resultant downward pressure on price will encourage producers to switch to exporting more raw sugar rather than white sugar, which in turn will stabilize the premium towards the end of the period (USD 83/t versus USD 85/t in 2018).

Market Overview:

All enterprises involved in the processing, packaging, and distribution of raw food materials fall within the food and beverage sector. Fresh and packaged meals, as well as alcoholic and nonalcoholic beverages, are all included. Apart from drugs, this industry touches every product designed for human consumption.

As a result of the current economic depression caused by the Covid-19 outbreak, consumers are seeking to save as much money as possible. Consumers are doing so in a variety of ways, including buying more generic things and cooking their own meals instead of going out. As a result, food processing companies are getting more creative in order to reduce the cost of goods sold, attract more customers, and increase profit margins.

Obesity has a tremendous impact on the global food and beverage industry. The desire for healthful foods has grown, as has the demand for more detailed nutritional information. Companies have responded by launching lower-calorie foods and tightening control over how their brand is viewed in response to both of these changes. Companies want to be viewed as a healthy brand, thus they support activities that indicate this, such as youth sports. There has even been talk of levying a tax on foods linked to obesity to deter people from eating them.

Request Report Insight: https://www.reportsanddata.com/request-latest-insight/3371

Some of the Leading Market Players Are Listed Below:

  • Cargill,
  • Tereos,
  • Nordzucker Group AG,
  • I.D Parry Limited,
  • Sudzucker, AG,
  • Archer Daniels Midland Company,
  • Illovo Sugar (Pty) Ltd
  • Others

The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.

The Industrial Sugar market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Industrial Sugar market.

The global Industrial Sugar market is segmented into:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

 

Market Segmentation:

On the basis of Type, market is segmented as follows:

  • White
  • Brown
  • Liquid

On the basis of Source, market is segmented as follows:

  • Cane
  • Beet

On the basis of Form, market is segmented as follows:

  • Granulated
  • Powdered
  • Syrup

On the basis of Application, market is segmented as follows:

  • Dairy
  • Bakery
  • Confectionery
  • Beverage
  • Canned frozen foods
  • Pharmaceuticals
  • Other food items
  • On the basis of source, the market is segmented as follows:
  • Cane sugar
  • Beet sugar

Key Questions Addressed in the Report:

  • What are the dominating factors that are influencing the growth of the industry?
  • In the forecast period, which market segment is expected to rise the most?
  • What are the risks and challenges that the industry is facing?
  • In the coming years, which area is projected to dominate the market?
  • Who are the major players in the market? What kind of strategic business plans have they made?

Request a customization of the report: @ https://www.reportsanddata.com/request-customization-form/3371

Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.

Explore Trending Research Reports by Reports and Data:

Pajamas Market: https://www.reportsanddata.com/report-detail/pajamas-market

Palm Oil Market: https://www.reportsanddata.com/report-detail/palm-oil-market

Passionflower Extract Market: https://www.reportsanddata.com/report-detail/passionflower-extract-market

Period Panties Market: https://www.reportsanddata.com/report-detail/period-panties-market

Pet Dietary Supplement Market: https://www.reportsanddata.com/report-detail/pet-dietary-supplement-market

Pet Food Processing Market: https://www.reportsanddata.com/report-detail/pet-food-processing-market

Phosphatidylcholine Market: https://www.reportsanddata.com/report-detail/phosphatidylcholine-market

Phytogenic Feed Additives Market: https://www.reportsanddata.com/report-detail/phytogenic-feed-additives-market

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Blog: https://www.reportsanddata.com/blogs

Comments