Dec 13, 2018
Industrial Sugar Market Global Research Report by Source (Sugar Beet, Sugar Maple and others), Type (Specialty Sugars and others), Form (Granular, Powder, Solid, Liquid, Paste and others), Application (Food, Beverage, Pharmaceuticals and others), Products (Molasses, Sugar, Bagasse and Press Mud) and Region - Forecast to 2022

pune, India - December 13, 2018 /MarketersMedia/ —
Market Analysis:
Owing to the diverse applications of industrial sugar across various sectors, the market is projected to grow at an incremental pace on the global stage. Industrial sugar is highly used in various industries including confectionery and bakery sector, which is primarily driving the growth of the market. Sugar is also considered as an important element which imparts energy to the body and is absorbs quickly. Growing demand for bakery products is supporting the growth of industrial sugar market. Moreover, increasing demand for sweetened beverage market is likely to drive the industrial sugar market. Industrial sugar is a form of carbohydrate which is soluble in nature. It is obtained from various raw material such as sugarcane, sugar beet etc. The process of production of sugar from sugar cane is found to be dominant on industrial scale.
Furthermore, technological advancements for sugar processing and extraction techniques will support the growth of this market. Growing trend of application of organic sugar in food & beverage industry is bringing surge to the growth of the industrial sugar market. However, the growth of sugar alternatives market might confine the growth of industrial sugar market.
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Latest Industry Updates:
Nov 2017 Rogers Sugar Inc. acquired L.B. Maple Treat Corporation which is one of the leading players in the private label maple syrup bottling and distribution. This acquisition was with an aim of business expansion.
Aug 2017 E.I.D. Parry (India) Limited; one of the leading players in sugar market of India announced their expansion of sugar production capacity to meet the global rising demand for sugars.
Nov 2016 In order to expand their sugar business, Suedzucker AG which is one of the leading players in the industrial sugar market acquired 25% stake in ED&F Man, for USD 91.8 million. The company follows the strategy of acquisition to expand their geographical presence as well as to increase their production capacity.
Oct 2017 Michigan Sugar Co. acquired AmCane Sugar LLC; a key manufacturer of specialty sugar. AmCane is involved in the production of liquid sucrose, VLC liquid sugar, evaporated cane juice, large/coarse grain sugar and boiled brown sugar.
Major Key Players Update:
The key players in this market are highly emphasizing on increasing their production capacity to meet the growing demand for industrial sugars. They are also involved in R&D processes to improvise the production techniques and enhance their production capacity. Strategic acquisitions and mergers also play a significant role in the growth of this market. Business expansions through these strategic moves are among the key developments of the established players.
The key players profiled in Industrial Sugar Market are Tereos S.A. (France), Cargill Inc. (U.S.), Rogers Sugar Inc. (Canada), Suedzucker AG (Germany), British Sugar plc. (U.K), Michigan Sugar Company (U.S.), Guangxi Guitang Co Ltd (China), Bannari Amman Group (India), Rajashree Sugar & Chemicals Ltd. (India), and Rana Sugars Ltd. (India) among many others.
Market Segments:
The global Industrial Sugar Market has been divided into source, form, application and region.
Based on Source: Sugarcane, Sugar Beet, and Others
Based on Form: Granules, Powder, Liquid and Others
Based on Application: Bakery & Confectionery, Beverages, Snacks, Dairy & Frozen Desserts, Pharmaceuticals, Others
Based on Region: North America, Europe, Asia Pacific, and ROW.
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Regional Analysis:
Based on region, the global industrial sugar market is segmented into APAC, Europe, North America and Rest of the World (RoW). Global industrial sugar market is highly dominated by Asia Pacific owing to increased sugarcane farming in this region. Countries such as China, India, Indonesia and Thailand are recognized as the most contributing countries to the industrial sugar market in Asia Pacific region. Presence of large number of small and medium-sized local players in North America is contributing to the growth of industrial sugar market in this region. Moreover, growing demand for industrial sugar globally is likely to support the growth of global industrial sugar market.
Contact Info:
Name: Abhishek
Organization: market research future
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Phone: 6468459312
Website: https://www.marketresearchfuture.com/reports/industrial-sugar-market-2371
Source: MarketersMedia
Release ID: 459203
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