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 : September, 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.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

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

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?