Product Code: MRFR/F-B & N/1750-CR
Market Overview
Industrial Sugar Market is anticipated to register a CAGR of 6.01% during the review period. Sugar has a significant and indispensable job in the food business. The most common way of removing sugar from sugarcane molasses or sugar beets includes numerous means, including extraction, cleaning, crystallization, and drying. Size and shape varieties exist in sugar, and the way things are utilized relies upon the application.
The rising creation of sugar crops is supposed to drive the Modern Sugar Market, prompting a higher stock of unrefined components for sugar creation. The worldwide interest for sugar is expanding, driven by populace development, rising livelihoods, and improving on dietary propensities. Subsequently, sugar creation should be expanded to satisfy this need. For example, Brazil is the world's biggest sugarcane maker, the essential wellspring of sugar creation.
For sugar makers, the low costs implied lower incomes and benefits, which could make it hard for them to put resources into their activities and keep up with creation levels. Some sugar makers answered the low costs by decreasing their creation levels or briefly closing their tasks. For purchasers of modern sugar, the low costs might have at first appeared to be a positive turn of events, as it would have made sugar more reasonable. Be that as it may, the sharp cost decline additionally made it challenging for purchasers to plan and financial plan for their sugar needs. It might have been uncertain whether the low costs were impermanent or enduring, making it trying to pursue long haul buying choices.
Market Segment Insights
The Industrial Sugar Market segmentation, based on the source, has been bifurcated into cane sugar and beet sugar.
In terms of category, the Industrial Sugar Market data has been bifurcated into organic and conventional. In terms of type, the global market has been divided into white sugar and brown sugar. Based on form, the market has been segmented into powdered, syrup, and granulated.
Based on end use, the global industrial sugar industry has been segmented into food & beverages, pharmaceuticals, personal care, and others. The food & beverages segment is further segmented into dairy & frozen desserts, bakery & confectionery, beverages, and others.
Regional market Analysis
The North America Modern Sugar Market is supposed to grow at a powerful rate over the extended period, as indicated by Market Research Future. North America comprises of US, Canada, and Mexico. The developing interest for elective sugars, for example, high fructose corn syrup (HFCS), has affected North America's interest for conventional sugar. HFCS is a cheaper choice to sugar that has become progressively famous in the food and drink industry throughout the course of recent many years. This has prompted a decrease popular for conventional sugar in North America as makers have changed to involving HFCS in their items.
Europe's Modern Sugar Market represents the second biggest market share starting around 2022. Europe is one of the world's biggest makers and customers of modern sugar. The Modern Sugar Market in Europe is basically determined by the food and drink industry, which utilizations sugar as a vital fixing in items like ice cream parlor, pastry shops, and refreshments. Sugar is additionally utilized in non-food applications like drugs, synthetic compounds, and creature feed.
Asia-Pacific Modern Sugar Market represents the biggest market share starting around 2022. The Asia-Pacific Modern Sugar Market is a significant area of the region's food and drink industry, with a huge homegrown and worldwide market share. The market is driven by a rising populace, changing customer inclinations, and developing interest for handled food sources and drinks. The developing accentuation on advancement and maintainability in the
Major Players
The prominent players in the industrial sugar industry are British Sugar, Rogers Sugar Inc., Imperial Sugar Company, Guangxi Funan East Asia Sugar Co., Ltd, Nordzucker Gmbh & Co KG, Cargill Incorporated, Archer Daniel Midland, Raizen SA, Sudzucker AG, and Tereos.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 19
- 1.1 MARKET ATTRACTIVENESS ANALYSIS 20
- 1.1.1 GLOBAL INDUSTRIAL SUGAR MARKET, BY SOURCE 20
- 1.1.2 GLOBAL INDUSTRIAL SUGAR MARKET, BY CATEGORY 21
- 1.1.3 GLOBAL INDUSTRIAL SUGAR MARKET, BY TYPE 22
- 1.1.4 GLOBAL INDUSTRIAL SUGAR MARKET, BY FORM 23
- 1.1.5 GLOBAL INDUSTRIAL SUGAR MARKET, BY END USER 24
- 1.1.6 GLOBAL INDUSTRIAL SUGAR MARKET, BY REGION 25
2 MARKET INTRODUCTION 26
- 2.1 DEFINITION 26
- 2.2 SCOPE OF THE STUDY 26
- 2.3 RESEARCH OBJECTIVE 26
- 2.4 MARKET STRUCTURE 27
- 2.5 KEY BUYING CRITERIA 28
3 RESEARCH METHODOLOGY 29
- 3.1 DATA MINING 29
- 3.2 SECONDARY RESEARCH 30
- 3.3 PRIMARY RESEARCH 30
- 3.3.1 PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS 31
- 3.3.2 BREAKDOWN OF PRIMARY RESPONDENTS 31
- 3.4 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION 33
- 3.4.1 BOTTOM-UP APPROACH 34
- 3.4.2 TOP-DOWN APPROACH 34
- 3.5 DATA VALIDATION 35
- 3.6 ASSUMPTIONS & LIMITATIONS 35
4 MARKET DYNAMICS 36
- 4.1 INTRODUCTION 36
- 4.2 DRIVERS 37
- 4.2.1 INCREASING DEMAND FOR SUGAR-BASED PRODUCTS 37
- 4.2.2 RISING POPULATION AND URBANIZATION 37
- 4.2.3 INCREASE IN PRODUCTION OF THE SUGAR CROP 37
- 4.3 RESTRAINT 38
- 4.3.1 FLUCTUATING PRICES OF INDUSTRIAL SUGAR PRODUCTS 38
- 4.3.2 RISING HEALTH CONCERNS 39
- 4.4 OPPORTUNITIES 39
- 4.4.1 GROWING AWARENESS REGARDING SUGAR ALTERNATIVES 39
- 4.4.2 INCREASING USE OF SUGAR PRODUCTS IN PHARMACEUTICAL INDUSTRY 40
- 4.5 CHALLENGES 40
- 4.5.1 DISRUPTIONS IN SUPPLY CHAIN 40
- 4.5.2 TRADE BARRIERS 40
5 MARKET FACTOR ANALYSIS 41
- 5.1 VALUE CHAIN ANALYSIS 41
- 5.1.1 RAW MATERIALS & SUPPLIERS 42
- 5.1.2 MANUFACTURERS 42
- 5.1.3 DISTRIBUTION & SALES CHANNEL 42
- 5.1.4 END-USERS 42
- 5.2 SUPPLY CHAIN ANALYSIS 43
- 5.3 PORTER'S FIVE FORCES MODEL 44
- 5.3.1 BARGAINING POWER OF SUPPLIERS 44
- 5.3.2 BARGAINING POWER OF BUYERS 45
- 5.3.3 THREAT OF NEW ENTRANTS 45
- 5.3.4 THREAT OF SUBSTITUTES 45
- 5.3.5 INTENSITY OF RIVALRY 45
- 5.4 IMPACT OF INFLATION ON GLOBAL INDUSTRIAL SUGAR MARKET 45
- 5.5 IMPACT OF UKRAINE WAR ON GLOBAL INDUSTRIAL SUGAR MARKET 46
- 5.6 SUSTAINAIBILITY IN INDUSTRIAL SUGAR MARKET 46
- 5.7 BIODIVERSITY INDUSTRIAL SUGAR MARKET 46
- 5.8 IMPACT OF CORONAVIRUS OUTBREAK ON GLOBAL INDUSTRIAL SUGAR MARKET 47
- 5.8.1 OVERVIEW 47
- 5.8.2 IMPACT ON PRODUCTION 47
- 5.8.3 IMPACT ON SUPPLY CHAIN 47
- 5.8.4 IMPACT ON CONSUMER BUYING BEHAVIOUR 47
- 5.8.5 IMPACT ON PRICING INDUSTRIAL SUGAR MARKET 47
6 GLOBAL INDUSTRIAL SUGAR MARKET, BY SOURCE 48
- 6.1 INTRODUCTION 48
- 6.2 CANE SUGAR 49
- 6.3 BEET SUGAR 49
7 GLOBAL INDUSTRIAL SUGAR MARKET, BY CATEGORY 50
- 7.1 INTRODUCTION 50
- 7.2 ORGANIC 51
- 7.3 CONVENTIONAL 51
8 GLOBAL INDUSTRIAL SUGAR MARKET, BY TYPE 52
- 8.1 INTRODUCTION 52
- 8.2 WHITE SUGAR 53
- 8.3 BROWN SUGAR 53
9 GLOBAL INDUSTRIAL SUGAR MARKET, BY FORM 54
- 9.1 INTRODUCTION 54
- 9.2 POWDERED 55
- 9.3 SYRUP 55
- 9.4 GRANULATED 55
10 GLOBAL INDUSTRIAL SUGAR MARKET, BY END USE 56
- 10.1 INTRODUCTION 56
- 10.2 FOOD & BEVERAGES 58
- 10.2.1 DAIRY & FROZEN DESSERTS 59
- 10.2.2 BAKERY & CONFECTIONERY 59
- 10.2.3 BEVERAGES 59
- 10.2.4 OTHERS 59
- 10.3 PHARMACEUTICALS 60
- 10.4 PERSONAL CARE 60
- 10.5 OTHERS 60
11 GLOBAL INDUSTRIAL SUGAR MARKET, BY REGION 61
- 11.1 INTRODUCTION 61
- 11.2 NORTH AMERICA 62
- 11.2.1 US 67
- 11.2.2 CANADA 71
- 11.2.3 MEXICO 75
- 11.3 EUROPE 79
- 11.3.1 GERMANY 84
- 11.3.2 FRANCE 89
- 11.3.3 UK 93
- 11.3.4 ITALY 97
- 11.3.5 SPAIN 101
- 11.3.6 POLAND 105
- 11.3.7 REST OF EUROPE 109
- 11.4 ASIA PACIFIC 113
- 11.4.1 CHINA 118
- 11.4.2 INDIA 122
- 11.4.3 JAPAN 126
- 11.4.4 AUSTRALIA & NEW ZEALAND 131
- 11.4.5 REST OF ASIA PACIFIC 135
- 11.5 REST OF THE WORLD 139
- 11.5.1 SOUTH AMERICA 144
- 11.5.2 MIDDLE EAST 149
- 11.5.3 AFRICA 153
12 COMPETITIVE LANDSCAPE 158
- 12.1 COMPETITIVE OVERVIEW 158
- 12.2 COMPETITIVE BENCHMARKING 159
- 12.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 160
- 12.3.1 NEW PRODUCT LAUNCH/SERVICE DEPLOYMENT 160
- 12.3.2 MERGER & ACQUISITION 160
- 12.3.3 JOINT VENTURES 160
- 12.3.4 EXPANSION & DIVESTMENT 161
13 COMPANY PROFILES 162
- 13.1 BRITISH SUGAR 162
- 13.1.1 COMPANY OVERVIEW 162
- 13.1.2 PRODUCTS OFFERED 162
- 13.1.3 KEY DEVELOPMENTS 163
- 13.1.4 SWOT ANALYSIS 163
- 13.1.5 KEY STRATEGY 164
- 13.2 ROGERS SUGAR INC 165
- 13.2.1 COMPANY OVERVIEW 165
- 13.2.2 FINANCIAL OVERVIEW 165
- 13.2.3 PRODUCTS OFFERED 166
- 13.2.4 KEY DEVELOPMENTS 166
- 13.2.5 SWOT ANALYSIS 166
- 13.2.6 KEY STRATEGY 167
- 13.3 IMPERIAL SUGAR COMPANY 168
- 13.3.1 COMPANY OVERVIEW 168
- 13.3.2 PRODUCTS OFFERED 168
- 13.3.3 SWOT ANALYSIS 169
- 13.3.4 KEY STRATEGY 169
- 13.4 GUANGXI FUNAN EAST ASIA SUGAR CO., LTD 170
- 13.4.1 COMPANY OVERVIEW 170
- 13.4.2 PRODUCTS OFFERED 170
- 13.4.3 KEY DEVELOPMENTS 170
- 13.4.4 SWOT ANALYSIS 171
- 13.4.5 KEY STRATEGY 171
- 13.5 NORDZUCKER GMBH & CO KG 172
- 13.5.1 COMPANY OVERVIEW 172
- 13.5.2 PRODUCTS OFFERED 172
- 13.5.3 KEY DEVELOPMENTS 172
- 13.5.4 SWOT ANALYSIS 173
- 13.5.5 KEY STRATEGY 173
- 13.6 CARGILL INCORPORATED 174
- 13.6.1 COMPANY OVERVIEW 174
- 13.6.2 PRODUCTS OFFERED 174
- 13.6.3 KEY DEVELOPMENTS 174
- 13.6.4 SWOT ANALYSIS 175
- 13.6.5 KEY STRATEGY 175
- 13.7 ARCHER DANIEL MIDLAND 176
- 13.7.1 COMPANY OVERVIEW 176
- 13.7.2 FINANCIAL OVERVIEW 176
- 13.7.3 PRODUCTS OFFERED 177
- 13.7.4 KEY DEVELOPMENTS 177
- 13.7.5 SWOT ANALYSIS 178
- 13.7.6 KEY STRATEGY 178
- 13.8 RAIZEN SA 179
- 13.8.1 COMPANY OVERVIEW 179
- 13.8.2 PRODUCTS OFFERED 179
- 13.8.3 KEY DEVELOPMENTS 179
- 13.8.4 SWOT ANALYSIS 180
- 13.8.5 KEY STRATEGY 180
- 13.9 SUDZUCKER AG 181
- 13.9.1 COMPANY OVERVIEW 181
- 13.9.2 FINANCIAL OVERVIEW 181
- 13.9.3 PRODUCTS OFFERED 182
- 13.9.4 KEY DEVELOPMENTS 182
- 13.9.5 SWOT ANALYSIS 183
- 13.9.6 KEY STRATEGY 183
- 13.10 TEREOS 184
- 13.10.1 COMPANY OVERVIEW 184
- 13.10.2 PRODUCTS OFFERED 184
- 13.10.3 KEY DEVELOPMENTS 184
- 13.10.4 SWOT ANALYSIS 185
- 13.10.5 KEY STRATEGY 185