In 2023, the non-food uses of raw sugar equivalent in China stood at approximately 7.0 thousand metric tons. The forecast from 2024 to 2028 indicates a stable consumption level of 7.0 thousand metric tons annually, showing no year-on-year percentage variation, nor any change over the projected period. This stability suggests a lack of anticipated growth or decline in this sector over five years, resulting in a compound annual growth rate (CAGR) of 0%.
Looking ahead, key trends to watch in the non-food sugar market include:
- Technological advancements in the production and application of sugar derivatives in non-food industries.
- Potential policy changes aimed at reducing sugar usage in industrial sectors for environmental reasons.
- Shifts in consumer demand for alternatives that may impact supply and usage patterns in adjacent markets.