Industrial Sugar Market Analysis

The market is segmented on the basis of type into white sugar, brown sugar, and liquid. Out of these, the white sugar segment is anticipated to occupy the largest share in 2021 owing to the abundant use of this type of sugar all over the world. In addition to that, based on source, the cane sugar segment is projected to grow at the highest rate during the forecast period. This can be attributed to the high production of sugarcane, especially in developing nations. For instance, India and Brazil are two of the largest producers of sugar worldwide, with each country producing more than 29 million metric tonnes of sugar in the year 2019.

Our in-depth analysis of the global market includes the following segments

By Type	White Sugar Brown Sugar Liquid Sugar
By Form	Granulated Powdered Syrup
By Application	Dairy Bakery Confectionery Beverage Canned & Frozen Foods Pharmaceuticals Military
By Source	Cane Sugar Beet Sugar

Frequently Asked Questions (FAQ)

Increasing production of sugarcane and sugar beet is the major factor driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021 â€“ 2029.

Health concerns associated with high sugar consumption and rising demand for sugar-based alternatives are estimated to hamper the market growth.

Asia Pacific will provide more business opportunities on the back of high consumption of sugar.

The major players in the market are Cargill, Incorporated, Nordzucker AG, E.I.D. Parry (India) Limited, The Tereos Group, and others.

Industrial Sugar Market Analysis