Brown Sugar Market Expected to Grow Significantly by 2027 | CAGR: 10%

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NOIDA, India, May 17, 2022 /PRNewswire/ — A comprehensive overview of the Brown sugar market is recently added by UnivDatos Market Insights to its gigantic database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report uses several analyzes to get a clearer view of the global brown sugar market. This report offers a detailed analysis of the latest industry developments and trending factors influencing market growth. Additionally, this statistical market research repository examines and estimates the global brown sugar market at regional and country level. The global brown sugar market is is expected to grow at a CAGR of around 10% over the forecast period (2021-2027).

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Market overview

The brown sugar market is growing at a significant rate and is expected to see increasing demand in the coming years. This is mainly due to the major factor such as the growth of the food and beverage industry and the bakery sector due to the growing popularity of bakery items in urban areas coupled with the natural hygroscopic properties imparted by the presence of molasses, which positively impact the brown sugar market size. . Additionally, growing demand for energy drinks and fruit-based or fruit-flavoured drinks is expected to remain a key driver for the brown sugar market.

Moreover, brown sugar is directly produced from cane juice or during the sugar refining procedure. Brown sugar helps improve blood circulation and the creation of platelets. Brown sugar contains more supplements such as calcium, potassium, iron and magnesium than conventional white sugar.

Impact of COVID-19

The coronavirus pandemic has been declared a worldwide public health emergency by the World Health Organization (WHO). The demand for brown sugar has been disrupted in all countries due to the closure of the industrial and commercial sectors. The lockdown in various countries had halted the operation of restaurants, hotels, salons and bakeries, reducing the demand for brown sugar.

In addition, diabetic patients were at high risk of being infected during the pandemic. Hence, consumers maintained their blood sugar levels and controlled their sugar intake, which also had a significant impact on the brown sugar market size. In addition, end-user industries such as cosmetics industry, food and beverage industry, bakery and others have also been negatively impacted by the coronavirus due to supply chain disruption, and the manufacturing and production process has been stopped. As the industries worked with low capacity labor which reduced the efficiency and quantity of the product. Also, the import and export restrictions imposed by the government due to the travel ban. Therefore, impacted the industry outlook.

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The global Brown Sugar market report is studied extensively with several aspects which would help the stakeholders to make their decisions more carefully.

By Type, the market is primarily split into:

Based on type, the brown sugar market is categorized into dark and light. The black segment has met significant demand in the brown sugar market. The growing bakery industry around the world is the major consumer of brown sugar, which is positively influencing the adoption of dark brown sugar. Additionally, brown sugar contains 6% molasses by weight, giving it a slightly stronger flavor.

By form, the market is primarily split into:

On the basis of form, the brown sugar market is segmented into powdered, granulated, and others. The powder segment holds a considerable market share. As powdered sugar easily dissolves with butter and baked goods, it increases its demand in the market.

By distribution channel, the market is primarily split into:

  • Hypermarket/Supermarket
  • Grocery store
  • Specialized shop
  • In line
  • Others

Based on the distribution channel, the brown sugar market is classified into hypermarket/supermarket, convenience store, specialty store, online and others. The hypermarket/supermarket segment covers a significant portion of the brown sugar market. It is mainly due to the easy availability of the product coupled with the availability of a wide range and variety of brown sugar which positively influences consumer choices.

By end-user, the market is primarily split into:

  • Household
  • Food and beverage industry
  • Newspaper industry
  • Others

On the basis of end-user, the brown sugar market is classified into household, food and beverage industry, dairy industry and others. The food and beverage segment covers a significant portion of the brown sugar market. This is mainly due to the ease of integration of the brown sugar market into the local food and beverage industry, as brown sugar and molasses have traditionally been part of local dietary habits.

By Application, the market is primarily split into:

  • Bakery and Confectionery
  • Beverages
  • Dairy
  • Direct consumption
  • Others

Based on application, the brown sugar market is categorized into bakery & confectionery, beverages, dairy, direct consumption, and others. The bakery and confectionery segment has acquired a major share of the brown sugar market. Due to the growth of the fast food industry and the increasing demand for baked goods, western desserts and beverages prefer brown sugar over white sugar due to its different flavors which enhance the taste of the product.

Geographical segmentation of the global brown sugar market includes:

  • North America (United States, CanadaRest of North America)
  • Europe (GermanyUK, Spain, Italy, FranceRest of Europe)
  • Asia Pacific (China, Japan, India, AustraliaRest of APAC)
  • Rest of the world

Based on the estimate, Asia-Pacific holds a significant market share owing to growing sugar production and growing consumer inclination towards Western food and beverage products.

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Key players targeting the market include:

  • Sudzucker
  • Tate & Lyle
  • Imperial Sugar
  • Nordic Sugar A/S
  • C&H Sugar
  • American Crystal Sugar
  • Cargill
  • Domino Sugar
  • taikoo
  • ASR groups

Competitive landscape

The degree of competition among the leading companies has been worked out by analyzing several key leading players operating globally. The specialized team of research analysts shed light on various traits such as global market competition, market share, latest industry advancements, innovative product launches, partnerships, mergers or acquisitions by leading companies in the global brown sugar market. The major players have been analyzed using research methodologies to gain competitive insights in the market.

Key questions answered through this analytical market research report include:

  • What are the latest trends, patterns, and technological advancements in the global brown sugar market?
  • What factors are influencing the global brown sugar market over the forecast period?
  • What are the global challenges, threats and risks in the global brown sugar market?
  • What factors are driving and restraining the global brown sugar market?
  • Which are the demanding global regions of Global Brown Sugar Market?
  • How big will the market be in the coming years?
  • What are the crucial market acquisition strategies and policies applied by companies?

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