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The industrial sugar market size is forecast to increase by USD 12.46 billion at a CAGR of 4.91% between 2023 and 2028. The market is driven by the increasing demand for raw sugar in various applications, particularly in the food and beverage industry and emerging beauty products. The adoption of raw sugar, such as sugar cane and sugar beet, is on the rise due to its natural sweetness and nutritional benefits. Furthermore, the production, processing, and sales of raw sugar are subject to stringent regulations to ensure purity and quality, leading to the increasing popularity of purified, filtered, concentrated, and syrup forms of sugar, including sugar juice and maltose. This market trend analysis report highlights these growth factors and the challenges they present, including the need for advanced production techniques and adherence to regulatory standards.
The global market for industrial sugar, also known as white crystals, plays a significant role in various industries, particularly in food production. This market encompasses a wide range of sweeteners, including sucrose, glucose, fructose, honey, milk, and dairy products, among others. Sucrose, derived primarily from sugar cane and sugar beet, is the most commonly used sweetener in the food industry. Its technological functions extend beyond sweetening, as it also contributes to the texture, color, and preservative properties of various foods. For instance, in baked goods, sucrose plays a crucial role in providing the desired texture and browning during baking.
Moreover, fruits and vegetables often undergo sugar processing to enhance their taste and shelf life. Technological processes such as purification, filtration, concentration, and syrup production are employed to transform sugar juice into the desired forms. Crystallized, dried, and cooled sugar forms are widely used in the food industry for various applications. Bulk sugar, which includes sucrose, glucose, fructose, and other sweeteners, is a significant component of the market. These sweeteners serve various functions in the food industry, including providing sweetness, enhancing texture, and acting as preservative agents. The food industry relies heavily on industrial sugar in the production of a diverse range of products.
Furthermore, sucrose is used extensively in baked goods, confectionery, and beverages, while glucose and fructose are popular choices for low-calorie and low-sugar alternatives. Honey, milk, dairy products, lactose, galactose, cereals, and maltose are also essential components of the market. In conclusion, the market is a dynamic and essential sector that plays a crucial role in the food industry. The various forms and functions of white crystals, including sucrose, glucose, fructose, honey, milk, and dairy products, contribute significantly to the taste, texture, color, and preservative properties of various foods. The technological processes involved in the production and processing of these sweeteners are continually evolving to meet the changing demands of the food industry.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The sugarcane segment is estimated to witness significant growth during the forecast period. Industrial sugar, a significant market segment, derives primarily from sugar cane, a tropical grass grown in regions with favorable climates such as Latin America, the Caribbean, Asia-Pacific, and parts of Africa. This plant is renowned for its high sucrose content, making it an essential resource for sugar production. The sugar cane harvesting and refining process consists of several stages. First, mature sugar cane stalks are carefully cut at the base in extensive plantations. The extracted juice, rich in sugar, is then transported to sugar mills for processing. At the mills, the juice undergoes several stages of crystallization, drying, and cooling to produce various sugar types, including Crystallised, Dried, Cooled, Molasses, Granulated sugar, Brown sugar, and Icing sugar.
Furthermore, these sugars are integral to numerous industries, such as baking and confectionery. The market is well-established and caters to the diverse demands of these sectors, ensuring a consistent supply of high-quality sugar products.
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The sugarcane segment was valued at USD 29.63 billion in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The Asia Pacific (APAC) region holds a significant position in The market, with population growth and increasing demand for sweeteners and processed foods driving its market share. Key contributors to the sugar industry in APAC include India, China, Thailand, Indonesia, and Australia. The region's expanding population and urbanization lead to increased demand for industrial sugar in various sectors. The food and beverage industry is the primary consumer of industrial sugar, utilizing it in the production of processed foods, confectionery, and beverages. Furthermore, the pharmaceutical and cosmetic sectors also contribute significantly to the demand for industrial sugar.
Furthermore, sugarcane leaves, bagasse, filter cake, and molasses are byproducts of the sugar production process. These byproducts have various uses, such as livestock fodder, biofuel production, and the creation of value-added products like furfural. The utilization of these byproducts contributes to the sustainability of the sugar industry and reduces waste. In summary, the APAC region's growing population and urbanization result in substantial demand for industrial sugar across various sectors, including food and beverage, pharmaceutical, and cosmetic industries. Byproduct utilization in the sugar industry contributes to its sustainability and reduces waste.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The rise in demand for raw sugar in food and beverage applications is the key driver of the market. The market experiences continuous growth due to the escalating consumption of sweeteners in various foods and beverages. White crystals, derived from sugarcane or beets, serve multiple technological functions in these products, including enhancing texture, bulk, color, and acting as preservative agents.
Furthermore, the preference for sweetened items, particularly fruits, among US consumers fuels the demand for industrial sugar. This expansion is attributed to the increasing popularity of sugary foods and beverages, with the US being a major contributor to this trend. The production and utilization of sugar are interconnected, and the escalating demand for sweeteners directly influences sugar production.
The rise in adoption of raw sugar in beauty products is the upcoming trend in the market. The market is experiencing significant growth due to the increasing utilization of sugar in various industries, particularly in the production of cereals, maltose, and syrups. Two primary sources of industrial sugar are sugar cane and sugar beet. The sugar extraction process involves converting sugar juice into purified, filtered, and concentrated forms. Raw sugar, derived from the initial refining process, is gaining popularity in the cosmetics industry for its skin and hair benefits. This natural sweetener contains alpha hydroxy acids (AHA), such as glycolic acid, which acts as a gentle exfoliant, removing dead skin cells and promoting cell turnover. Moreover, raw sugar is rich in minerals like magnesium, calcium, and potassium, contributing to healthy skin and hair.
Furthermore, industrial sugar, in its various forms, is essential for the production of numerous food and beverage items, as well as in the manufacturing of various industrial applications. The increasing demand for these products, coupled with advancements in technology and production methods, is driving the growth of the market.
Stringent regulations on production, processing, and sales of raw sugar is a key challenge affecting the market growth. Industrial sugar, derived from raw sugar, undergoes rigorous production processes to maintain consumer safety and quality. In major sugar-producing countries, governments enforce stringent regulations for the manufacture, processing, and distribution of raw sugar. These regulations prioritize public health by eliminating harmful contaminants and ensuring compliance with safety standards.
Furthermore, one such regulation is the Hazard Analysis and Critical Control Point (HACCP) system, a food safety management methodology. HACCP identifies and manages potential hazards during sugar production, thereby safeguarding consumers. Vegetables, fruits, and dairy products, including sucrose, glucose, fructose, honey, milk, and lactose or galactose, are commonly processed using industrial sugar. Ensuring the safety and purity of these food items is essential to maintaining the health and well-being of consumers.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
American Crystal Sugar Co. - The company offers industrial sugar such as bottlers, canners, liquid sugar, granulated sugar, light brown sugar, and powdered sugar for food manufacturing industries.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
White crystals, an essential category of sweeteners, play a significant role in various technological functions within the food industry. These sweeteners, derived from sources such as sucrose from sugar cane and sugar beet, provide texture and bulk to numerous foods, including fruits, vegetables, and dairy products. Sucrose, glucose, fructose, honey, milk, and their derivatives like lactose, galactose, and maltose, are commonly used as sweetening agents. The market encompasses a wide range of products, including purified, filtered, and concentrated syrups, crystallised, dried, and cooled sugar varieties like granulated sugar, brown sugar, icing sugar, and baking and confectionery sugar syrups. Unrefined sugar, with its minerals and nutritional content, offers antioxidant properties and is used in various applications.
Furthermore, sugars serve as preservative agents, extending the shelf life of foods and beverages. They also have applications in industries outside of food, such as in the production of biofuels and livestock fodder. Byproducts like molasses, sugarcane leaves, bagasse, filter cake, and their respective uses further expand the market's scope. White sugar and refined sugar are commonly used in various industries for their sweetening properties. However, they also have non-food applications, such as in sugar scrubs for removing grass stains, as a fire booster, and in the treatment of wounds, insect stings, and bug bites. Furfural, derived from sugarcane bagasse, is used as a solvent and flavoring agent.
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Market Scope |
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Report Coverage |
Details |
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Page number |
158 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.91% |
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Market growth 2024-2028 |
USD 12.46 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.71 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 43% |
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Key countries |
US, India, China, France, and Brazil |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
AGRANA BEteilgungs AG, American Crystal Sugar Co., Archer Daniels Midland Co., Associated British Foods Plc, Balrampur Chini Mills Ltd., Cargill Inc., COSAN S.A., Dalmia Bharat Sugar and Industries Ltd., EID Parry India Ltd., Louis Dreyfus Co. BV, Michigan Sugar Co., Mitr Phol Group, Nordzucker AG, Rogers Sugar Inc., Shree Renuka Sugars Ltd., Sudzucker AG, Tate and Lyle PLC, Tereos Participations, Triveni Engineering and Industries Ltd., and Wilmar International Ltd. |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Source
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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