Sugar Market Approaches $ 90 Billion By 2024 – Analysis by Type, Application, and Geography – ResearchAndMarkets.com

0

DUBLIN – (COMMERCIAL THREAD) – The report “World Sugar Market – Forecasts from 2019 to 2024” has been added to ResearchAndMarkets.com offer.

The global sugar market is expected to grow at a CAGR of 2.9% to reach US $ 89.244 billion in 2024, from US $ 75.617 billion in 2018.

The high consumption of sugary foods and drinks in the world is considered to be one of the driving forces of the sugar market in the world, on the other hand, fluctuations in the price and supply of sugar can hamper its growth. The sugar market has been segmented on the basis of type, application, and geography.

Geographically, the Asia-Pacific region is considered to have high growth in the sugar market due to the increase in disposable income as well as the rapid urbanization of previously low-income sections as well as the improvement of the industry. food and drink in the regions.

In North America as well as the European region, these regions are expected to hold a significant market hold during the forecast period due to the high consumption of food, beverages, confectionery, etc. In South America, Brazil is also expected to hold a significant market share due to the fact that it is one of the major producers and exporters of sugar in the world.

The major industry players presented in the report are Cargill, Incorporated, Archer Daniels Midland Company, Raizen SA, Sudzucker, Tereos, Nordzucker AG, Tongaat Hulett Group, and Illovo Sugar (Pty) Ltd., among others.

Conductors

  • Increased consumption of products containing sugar

  • Growth in sugar production

  • Rapid urbanization of low-income economies

Constraints

  • Availability of alternative sweeteners

  • Growing awareness of health problems caused by sugar consumption

  • Fluctuation in the price and supply of sugar

Industry update

  • In January 2019, Suedzucker, one of the largest sugar producers in Europe, announced plans to close sugar production plants and also reduce their production volumes by around 700,000 tonnes per year.

Key topics covered

1. INTRODUCTION

1.1. Market Snapshot

1.2. Market definition

1.3. Scope of the study

1.4. Currency

1.5. Hypotheses

1.6. Base and forecast year calendar

2. RESEARCH METHODOLOGY

2.1. Research design

2.2. Secondary sources

3. MAIN FINDINGS

4. MARKET DYNAMICS

4.1. Market segmentation

4.2. Market factors

4.3. Market constraints

4.4. Market opportunities

4.5. Porter’s Five Forces Analysis

4.5.1. Bargaining power of suppliers

4.5.2. The bargaining power of buyers

4.5.3. The threat of new participants

4.5.4. The threat of substitutes

4.5.5. Competitive Rivalry in Industry

4.6. Life Cycle Assessment – Regional Snapshot

4.7. Market attractiveness

5. WORLD SUGAR MARKET BY TYPE

5.1. Granular

5.2. Powder

5.3. Liquid

6. WORLD SUGAR MARKET BY APPLICATION

6.1. Dairy

6.2. Beverages

6.3. Confectionery and Bakery

6.4. Processed foods

6.5. Others

7. WORLD SUGAR MARKET BY GEOGRAPHY

7.1. North America

7.1.1. United States

7.1.2. Canada

7.1.3. Mexico

7.1.4. Others

7.2. South America

7.2.1. Brazil

7.2.2. Argentina

7.2.3. Others

7.3. Europe

7.3.1. Germany

7.3.2. France

7.3.3. UK

7.3.4. Spain

7.3.5. Others

7.4. Middle East and Africa

7.4.1. Saudi Arabia

7.4.2. Israel

7.4.3. Others

7.5. Asia Pacific

7.5.1. China

7.5.2. Japan

7.5.3. South Korea

7.5.4. India

7.5.5. Others

8. COMPETITIVE INTELLIGENCE

8.1. Benchmarking and competitive analysis

8.2. Recent investments and transactions

8.3. Strategies of key players

9. COMPANY PROFILES

9.1. Cargill, Incorporated

9.2. Archer Daniels Midland Company

9.3. Raizen SA

9.4. Sudzucker

9.5. Tereos

9.6. Nordzucker SA

9.7. Tongaat Hulett Group

9.8. Illovo Sugar (Pty) Ltd.

9.9. Dangote Group

9.10. EID Parry Limited

9.11. Shree Renuka Sugars Ltd.

For more information on this report visit https://www.researchandmarkets.com/r/8zxi4m

Share.

Comments are closed.