Global Industrial Sugar Market Size Global, Regional Analysis And Forecast 2022-2028
The Industrial Sugar Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.
There are two types of sugar: natural sugar, which comes naturally in food like fruit and starchy vegetables, and Industrial sugar, which is processed or manufactured sugar. Sugar is a carbohydrate that the human body uses to produce energy. Industrial sugars are added sugars, hence any sugar used to prepare food is considered to be industrial sugar. Although there are many various kinds of industrial sugars, cane sugar is the most widely used kind of refined sugar. Granulated sugar, which is frequently used in baking and cooking, is also known as table sugar.
For example, anhydrous dextrose, brown sugar, confectioners' powdered sugar, corn syrup, fructose, dextrose, high-fructose corn syrup (HFCS), maple syrup, raw sugar, sucrose, and white granulated sugar are all examples of added sugars that are widely used in processed foods. During the anticipated period, the market will grow due to the large production of industrial sugar and the availability of that sugar in a variety of forms to suit customer needs.
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The Major Players in The Global Industrial Sugar Market:
American Crystal Sugar Company
Archer Daniels Midland Company
Associated British food plc (UK)
Cosan SA Industrial e Comercio (Brazil)
I.D Parry Lit (India)
Illovo Sugar (South Africa)
Louis Dreyfus Holding BV (Amsterdam)
Mitr Phol Sugar corporation lit (Thailand)
Nordzucker Group AG (Germany)
Shree Renuka Sugar ltd (India)
Suedzucker AG (Germany)
Tereos Internacinal SA (Brazil), and other major players.
Market has segmented the Global Industrial Sugar Market on the basis of type, application, and region:
By Type:
White Sugar
Brown Sugar
Liquid Sugar
By End Use:
Confectionary
Beverages
Dairy Products
Others
By Regional Outlook (Revenue, USD Billion, 2022 – 2028)
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
South America (Brazil, Argentina, Rest of South America)
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Key Industry Development In The Industrial Sugar Market:
In December 2021, Khatav Man Taluka Agro Processing in India is planning to take up an integrated sugar expansion project in Padal, Tehsil Khatav, Satara, Maharashtra. The project involves the expansion of integrated sugar from 2500 to 7500 TCD, Cogen Power from 12 to 32 MW & 120 KLPD Distillery /Ethanol Plant with 4 MW Captive Cogen Power Plant. The estimated cost of the project is Rs.2370 million.
In August 2022, The Brazilian government cut its sugarcane production estimate for 2021-22 from 555 MT to 514 MT. Moreover, the sugar production estimate is also likely to be cut by ~2 MT to ~31 MT in the south-central Brazil area.
Reasons to purchase the report:
Visualize the composition of the Global Industrial Sugar Market products in terms of Product and application highlighting the critical commercial assets and players.
Identify commercial opportunities in the Global Industrial Sugar Market by analyzing trends and co-development deals.
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By End Use
To be continued…….
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