Industrial Sugar Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Industrial Sugar Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : July, 2020 | Food and Beverages | PPT format

Report Digest


Global Industrial Sugar Market: Overview 

The industrial sugar market is dominated by the food and beverage industry, with the pharmaceuticals industry also claiming a notable share. The rising demand for several types of fast food and beverages is thus an influential factor for the global industrial sugar market. Industrial sugar constitutes a major part of the global sugar market and is expected to retain a significant share in the latter in the coming years, with steady growth expected in the demand for industrial sugar. 

Demand from the global industrial sugar market is dominated by the confectionery industry, which includes chocolates, chewing gum, candied nuts, and sweets. The rising demand for a wide variety of confectionery products is likely to remain a key driver for the industrial sugar market in the coming years. The rising population in emerging markets, where Western confectionery brands have made an appearance relatively recently, and their rising disposable income are also an influential factor for the global industrial sugar market. 

Global Industrial Sugar Market: Key Trends 

The major trend affecting the global industrial sugar market is the rising demand for packaged and fast food. The steady growth of the fast food market in developed regions such as North America and Europe, helped by the steady rise in the prosperity of countries such as the U.S., the U.K., France, and Germany, has propelled the industrial sugar market at a steady rate. The rapid expansion of the fast food sector in emerging regions in recent years has presented promising growth prospects for the global industrial sugar market. 

Although there are booming local fast food markets in many emerging countries, very few of them are industrialized to the degree of Western fast food chains. However, many regional food producers are now starting to industrialize their operations, which could be a key driver for the global industrial sugar market in the coming years.

The rising production of sugar crops and the economic consequences thereof are a crucial factor for the global industrial sugar market. Sugar crops are highly favorable economically, which has driven their production across the world in recent years. The beet root sugar market, for instance, has exhibited a solid rise in the last few years and is likely to remain a key part of the global industrial sugar market. However, sugar crops constitute a monoculture with high water needs. This has the potential to restrict the industrial sugar market’s growth in the coming years, as water conservation becomes more important. The rising use of alternative sweeteners for cooking could also adversely impact the global industrial sugar market. 

Global Industrial Sugar Market: Market Potential 

The key issue to bear an impact on the global industrial sugar market’s growth in the coming years is the rising concern about the ecological and economic impact of large-scale sugar crop plantations. In Hawaii, a leading producer of sugar, activists succeeded in late 2016 to shut down industrial sugar plants. The monoculture planting of sugar crops is reported to have had a major impact on the island country’s economic dynamics, wherein more than 90% of Maui’s water is in private control and is diverted to agricultural use. Several activists behind the move are aiming to convert Hawaii into a producer of organically, sustainably grown crops. Incidents such as this are likely to flare up in the coming years thanks to the inevitability of the adverse ecological impact of the industrial sugar market. 

Global Industrial Sugar Market: Geographical Dynamics 

Asia Pacific is likely to remain the leading regional market for industrial sugar in the coming years. India holds a dominant share in the Asia industrial sugar market and is expected to remain a leading player in the global industrial sugar market due to the presence of a socioeconomic system based around the cultivation of sugar crops. The environmental conditions in Southeast Asia are ideal for sugarcane cultivation, due to which countries such as Thailand, China, Pakistan, Indonesia, and the Philippines are also among the leading producers of industrial sugar in the global market. The booming Brazil market, the leading producer in the global industrial sugar market, is likely to propel the Latin America market for industrial sugar in the coming years. 

Global Industrial Sugar Market: Competitive Dynamics 

Leading players in the global industrial sugar market include Archer Daniel Midland, Sudzucker AG, Raizen SA, Tereos, and Cargill Incorporated. Many of these players are keen to enter the lucrative industrial sugar market in developing economies, which could lead to consolidation or collaboration activities with local industrial sugar producers.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.