Industrial Sugar Market Emerging Growth Comprehensive Market Research Innovative Business Growth Prospects Forecast by 2029


New York, USA, Wed, 09 Mar 2022 01:32:40 / Comserve Inc. / — The global industrial sugar market is expected to grow at a moderate CAGR during the forecast period, that is i.e. 2021-2029.

Research Nester released a report titled Industrial sugar market: Global Demand Analysis and Opportunity Outlook 2029″ which provides a detailed overview of the global industrial sugar market in terms of market segmentation by type, form, application, source, and region.

Additionally, for the in-depth analysis, the report encompasses industry growth indicators, restraints, supply and demand risks, along with a detailed discussion of current and future market trends associated with the market growth.

The global industrial sugar market is expected to grow at a moderate CAGR during the forecast period, i.e., 2021-2029. This can be attributed to the growing demand for sugar for confectionery, dairy and other applications and the rise in sugar consumption globally. The International Sugar Organization reports that global sugar consumption increased from 123.454 million tonnes to 172.41 million tonnes from 2001 to 2018.

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Based on type, the market is segmented into white sugar, brown sugar, and liquid sugar. Among these, the white sugar segment is expected to cover a major share of the industrial sugar market size owing to its extensive usage across the globe. Along with this, white sugar is considerably cheaper than other types of sugar which, in turn, is expected to drive the growth of this segment.

Geographically, the global industrial sugar market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The Asia-Pacific market is expected to dominate the market by registering the highest market share in 2021, which can be attributed to the large-scale consumption of sugar and the presence of favorable climatic conditions for the growth of raw materials required for the production of industrial sugar.

Increase in demand and consumption of industrial sugar

Industrial sugar is one of the most important products worldwide. Due to rising average international prices and easing of trade restrictions, the market is expected to witness significant growth over the forecast period. Moreover, as the world’s population grows, the demand for sugar increases due to its versatility in use. Sugar acts as a functional ingredient in food, the production of medicines, and the manufacture of wellness products. This market growth is further enhanced by the growing consumption of sugar-based products, supported by the increase in promotional activities of these products by major players in the food and beverage industry.

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However, the growing awareness of the negative effects of excessive sugar consumption is expected to act as a major drag on the growth of this market.

This report also provides the existing competitive scenario of some of the major players in the global industrial sugar market including company profiling of Cargill, Incorporated, The Tereos Group, Nordzucker AG, EID-Parry (India) Limited (NSE: EIDPARRY), Südzucker AG (ETR: SZU), Archer Daniels Midland Company (NYSE: ADM), Louis Dreyfus Company BV, Raizen Energia SA, Tongaat Hulett Sugar Limited and British Sugar plc. Profiling contains key business information that encompasses an overview of businesses, products and services, key financial data, and recent news and developments. Overall, the report depicts an in-depth overview of the Global Industrial Sugar Market which will help industry consultants, equipment manufacturers, existing players looking for expansion opportunities, new players looking for search for opportunities and other stakeholders to align their market-centric strategies according to the current and expected situation. trends in the future.

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Research Nester is a leading one-stop service provider of strategic market research and consulting with an unbiased and unparalleled approach to helping global industry players, conglomerates and executives make sound investment and expansion decisions. future by providing them with qualitative market information and strategies. while avoiding future uncertainties. We believe in honesty and hard work which we believe is reflected in our work ethic. Our vision is not only to earn the trust of our customers but also to be respected by our employees and appreciated by our competitors.

For more information please contact:

AJ Daniel

Research Nester
Email: [email protected]
Tel: +1-6465869123

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