The global and Asian cane sugar market to reach a

0

New York, December 13, 2021 (GLOBE NEWSWIRE) – The International Sugar Organization (ISO), in one of its statistics, said that at the end of 2018, sugar consumption reached 172.441 million tonnes, up from 123.454 million tonnes in 2001. In addition, the Statistics also indicated that each year the average trade in sugar in the world is recorded at 64 million tonnes. On the other hand, according to statistics from the Food and Agriculture Organization (FAO), Brazil is recorded as the first country in the world in terms of harvesting sugar cane. The total area where sugar cane was harvested in the country increased from 4,804,511 hectares in 2000 to 10,081,170 hectares in 2019. India held the second largest area for the harvest of sugar cane with a total area of ​​5,061,090 hectares in 2019, compared to 4,219,700 hectares in 2000.

Research Nester recently added a report on “Global and Asia-Pacific cane sugar MarletWhich is studied for the forecast period, 2021-2030. The report includes a detailed analysis of the major market players operating in the market, along with the latest developments in these organizations. Moreover, the report also includes key market figures and brief segment analysis.

The demand for sugar in the world is increasing at a tremendous rate. As a result, the need to increase the production of sugar cane is also increasing. According to statistics from the Directorate of Economy and Statistics, Department of Agriculture and Farmer Welfare of the Ministry of Agriculture and Farmer Welfare of the Government of India, sugarcane production as a cash crop in India increased from 281.172 million tonnes in 2005-06 to 370.5 million tonnes in year 2019-20. Sugar is widely used for the manufacture of various food products in the food industry, as well as for the manufacture of various other products in the pharmaceutical and cosmetic industries. The global cane sugar market is expected to generate sales of $ 252,764.11 million by the end of 2030, compared to $ 21,178.91 million in 2017.

Get a copy of the report @ https://www.researchnester.com/sample-request-3489

The growth of the market can also be attributed to the increase in sugar imports to the world. According to statistics from the International Trade Center, the world’s sugar imports in 2020 reached $ 25,427,510 thousand, up from $ 22,055,095 thousand in 2019. In addition to that, the United States has listed itself as the largest importer. sugar. in the world, recording an import value of 2,091,587 thousand US dollars in 2020, against 1,660,111 thousand US dollars in 2018. On the other hand, in other statistics of the International Sugar Organization (ISO), Brazil was recorded as the world’s largest sugar exporter in 2019 with an export volume of 17.89 million metric tons. Thailand and India took second and third position respectively, registering a volume of 10.41 million metric tonnes and 4.02 million metric tonnes respectively in the same year.

In Asia-Pacific (excluding Southeast Asia), the cane sugar market is expected to generate revenue of $ 88,303.00 million by the end of 2030, growing with a CAGR of 1.96 % during the forecast period. In addition, in 2017, the region’s market recorded a turnover of $ 68,037.91 million. The region’s market is further segmented by country into China, India, Japan, Pakistan, Australia and the rest of Asia Pacific. Apart from the market of these countries, the Chinese market recorded the largest market turnover of $ 37,130.50 million at the end of 2017 and further is expected to generate a turnover of $ 43,968.31 million. dollars by the end of 2030, increasing with a CAGR of 1.45% over the forecast period. Alternatively, the Indian market is expected to grow with the highest CAGR of 3.06% during the forecast period.

Get Sample PDF Report of Global and Asian Cane Sugar Market Report @ https://www.researchnester.com/sample-request-3489

In Southeast Asia, the cane sugar market is expected to generate a turnover of USD 21,869.36 million by the end of 2030, compared to a turnover of USD 15,271.83 million in 2017. The The region’s market is expected to further grow with a CAGR of 2.86% during the forecast period. The Southeast Asia cane sugar market is segmented by country into Indonesia, Thailand, Vietnam, the Philippines and the rest of Southeast Asia. Apart from the market of these countries, the Indonesian market is expected to generate the largest market revenue of USD 8704.24 million by the end of 2030 growing with a CAGR of 3.06% during the period forecast.

The global and Asian cane sugar market is segmented on the basis of type into crystallized sugar and uncrystallized sugar. Among these segments, the granulated sugar segment recorded the highest market share in 2017 and is expected to maintain this position throughout the forecast period. The segment is further expected to generate revenue of $ 205,671.13 million by the end of 2021 and continue to grow with the highest CAGR of 1.32% during the forecast period. The segment is further divided into single and double crystallized sugar, among which the double crystallized sugar segment is expected to hold the highest market share during the forecast period. Alternatively, the single crystal sugar segment is expected to achieve the fastest growth of 1.28 times during the forecast period. In Asia Pacific (excluding South East Asia), the crystallized segment is expected to grow with the highest CAGR of 2.04% during the forecast period. In addition, the single crystal sugar segment is expected to achieve the fastest growth of 1.39 times during the forecast period. Moreover, among the countries in the region, the crystallized segment of the Chinese cane sugar market is expected to generate the largest turnover of $ 35,270.07 million by the end of 2021.

Access the press release for this research report @ https://www.researchnester.com/press-details/global-and-asia-pacific-cane-sugar-market-size/3490

On the other hand, in Southeast Asia, the uncrystallized sugar segment is expected to grow with a CAGR of 1.79% during the forecast period, while the crystallized sugar segment is expected to hold the most market share. higher during the forecast period. The single granulated sugar segment, under the granulated sugar segment, is further expected to achieve the fastest growth of 1.50 times during the forecast period. Among the countries in the region, the crystallized segment of the Indonesian cane sugar market is expected to grow with the highest CAGR of 3.14% during the forecast period, while in Thailand the non-crystallized sugar segment is expected to grow with a CAGR of 1.78. % during the forecast period.

Do you have a specific question or requirement? Ask our expert @ https://www.researchnester.com/ask-the-analyst/rep-id-3489

Some of the major industry leaders in the global and Asia-Pacific cane sugar market which are included in our report are Bajaj Hindusthan Sugar Ltd., Guangxi Yangpu Nanhua Sugar Industry Group Co., Ltd., Samora Group Indonesia, Wilmar International Ltd., Mackay Sugar Limited, Kaset Thai International Sugar Corp Public Company Limited, Mitr Phol Group, Perkebunan Nusantara IX, Khon Kaen Sugar Industry PCL, Roxas Holdings, Inc., and others.

Explore our recent related reports:

Industrial sugar market Segmentation by type (white, brown and liquid); by form (granules, powder and syrup); by application (dairy, bakery, confectionery, beverages, canned and frozen foods, and pharmaceuticals); and by source (cane sugar and beet sugar) – Global demand analysis and 2029 opportunity outlook
Sugar-free gum market Segmentation by product (breath freshening and teeth whitening); By flavor (polar ice cream, cinnamon, peppermint, spearmint, chewing gum and others); By Availability (Single Pack & Bulk Pack) and Distribution Channel (Supermarket, General Stores, Convenience Stores, and Online Retail Stores) – Global Demand Analysis and Opportunity Outlook 2028
Sugar Free Chocolate Market Segmentation by Type (Dark, Milk and White) and Distribution Channel {Based on Store (Supermarkets, Specialty Stores and Convenience Stores) and Non-Store} – Global Industry Demand Analysis and Opportunity Assessment 2016-2023
BPA and BPA-Free Cans Market By box type (box BPA and BPA[PartypederevêtementRevêtementsdepolyoléfinerevêtementsépoxyàbasedesojatétraméthylbisphénolFautres{});Partypedematériau(aluminiumacierplastiqueetautres);Parforme(boîtesdeformecubiqueboîtesdeformecylindriqueetautres);Parcapacité(moinsde250ml250-500ml500-1000mlau-dessusde1000ml);byapplying(boissonsalimentssoinspersonnelsetsoinsàdomicileproduitspharmaceutiques)-Analyseglobaledel’industrieetévaluationdesopportunités2018-2027[ByCoatingType{PolyolefinCoatingsSoy-basedEpoxyCoatingsTetramethylBisphenolFOthers});ByMaterial-type(AluminumSteelPlastic&Others);ByShape(Cuboid-shapedCansCylindrical-shapedCans&Others);ByCapacity(Lessthan250mlobaltorsonalityCapacityCapacity(Lessthan250mlobalt250AndBecialityCobalanceGoods10001000350mlIndustryml250AndBecialityCapacity(Lessthan250ml250ml250AndbeconalityCapacity)(Lessthan250ml250ml250AndbeconalityCapacity(Lessthan250mlIndustryml250AndbeconalityCapacity[Partypederevêtement{RevêtementsdepolyoléfinerevêtementsépoxyàbasedesojatétraméthylbisphénolFautres} );Partypedematériau(aluminiumacierplastiqueetautres);Parforme(boîtesdeformecubiqueboîtesdeformecylindriqueetautres);Parcapacité(moinsde250ml250-500ml500-1000mlau-dessusde1000ml);Parapplication(boissonsalimentssoinspersonnelsetsoinsàdomicileproduitspharmaceutiques)-Analyseglobaledel’industrieetévaluationdesopportunités2018-2027[ByCoatingType{PolyolefinCoatingsSoy-basedEpoxyCoatingsTetramethylBisphenolFOthers});ByMaterial-type(AluminiumSteelPlastic&Others);ByShape(Cuboid-shapedCansCylindrical-shapedCans&Others);ByCapacity(Lessthan250ml250-500ml500-1000mlAbove1000ml);ByApplication(BeverageFoodPersonalCare&HomecarePharmaceuticals)–GlobalIndustryAnalysis&OpportunityEvaluation2018-2027
Cooking Processors Market Segmentation by cooking mode (automatic and manual); By connectivity (integrated and non-integrated); By end user (commercial and residential); and by Distribution Channel (Online and Offline) – Global Demand Analysis and Opportunity Outlook 2027

About Research Nester

Research Nester is a one-stop-shop service provider with customer base in over 50 countries, a leader in strategic market research and consulting with an unbiased and unprecedented approach to assisting global industry players, conglomerates and executives with their future investments while avoiding future uncertainties. With a ready-made mindset to produce statistical and analytical market research reports, we provide strategic advice so that our clients can make sound business decisions with clarity while strategizing and planning their future needs and succeeding in carrying out their future projects. We believe that every business can expand to its new horizon, provided the right direction at the right time is available through strategic minds.

Contact for more information:
AJ Daniel
Email: [email protected]
US phone: +1 646 586 9123
United Kingdom Telephone: +44 203 608 5919

For more update follow: – LinkedIn | Twitter | Facebook | Xing

Share.

Comments are closed.