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Industrial Sugar Market by Type, Form, Application, Source, and Region - Global Forecast to 2022

Industrial Sugar Market: Global Forecast until 2022

  • March 2017
  • 156 pages
  • ID: 4759528
In this report:
Russia had the largest sugar beet acreage with over ##.## million ha (##%) in the world and the production of ##.## million tonnes (##%) in 2012; however, its yield was only ##.## tonnes/ha compared to the world's average yield of ##.## tonnes/ha.
The French industrial sugar market stood at ##,##.## KT in the year 2015 and is expected to grow at a CAGR of ##.##% to reach ##,##.## KT by 2022.

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"Industrial sugar market forecasted to grow at a compound annual growth rate (CAGR) of 6.01% during the forecast horizon."

The industrial sugar market is estimated to grow a value of ~$52.9B by 2022 increasing at a compound annual growth rate (CAGR) of ~6.0 percent from 2016. The rise is primarily supplemented by the growing population and growing industrial sugar consumption globally. The main driving factors containing increasing significance of international trade, new innovative products launches, expanding production of raw materials, and rising application of industrial sugar is predicted to push the overall industrial sugar market in terms of value importance during the estimate period.

"The confectionery segment of application is forecasted to be the quickest-rising from 2016 to 2022"

The worldwide market for industrial sugar, by application, is broken down into dairy, bakery, confectionery, beverage, canned & frozen foods, and other food applications. Among all the application segments, the confectionary segment is anticipated to rise at the highest compound annual growth rate (CAGR) during the outlook period. The developed regions including North America and Europe (EU) are in the mature stage in terms of consumption of confectionery products. The developing regions including Asia-Pacific and RoW are in the increase stage, where the consumption of confectionery products has rised, which has led to an growth in the import of industrial sugar for the manufacturers.

"The cane sugar segment of source is expected to be the quickest increasing from 2016-2022"

Cane sugar is the most common source of sugar, globally. The industry demand for cane sugar is higher in the international market, due to demand from consumers and its utilization in several application industries including bakery, confectionery, beverage, and dairy. The production of cane sugar is higher in the Asia-Pacific and North America regions.

"Asia Pacific (APAC) is estimated to be the quickest-increasing from 2016 to 2022."

The APAC market is anticipated to grow at the maximal rate. According to the Food and Agriculture Organization, this increasing demand is primarily due to "nutritional transition" compounded by lifestyle changes and shifts in the structure of the diet toward a higher energy density diet with a greater role for fat and added sugar in foods.

The breakdown of the primaries on the basis of company, description, and area conducted during the business research study, are like follows:

By Company Size: Tier 1 - 25.0 percent, Tier 2 - 30.0 percent, and Tier 3 -45.0 percent

By Designation Level: Director Level - 30.0 percent, C Level -26.0 percent, and Others - 44.0 percent

By area: North America -34.0 percent, Europe -26.0 percent, Asia-Pacific -23.0 percent, and Row -17.0 percent

Strategic Analysis Report

This industry report classifies the overall market for industrial sugar on the basis of class, form, application, source, and area. In terms of insights, this market research has emphasized industry analyses and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; emerging & high-growth segments of the overall industrial sugar market; high-growth areas, territories, and their specific regulatory policies; government actions; and drivers, market restraints, and alternatives.

Main highlights

- To get an overview of the overall industrial sugar market

- To get an overview of the main actors of the industrial sugar sector and top strategies approved by top players to attain market presence

- To benefit insights of the main regions with increasing industrial sugar market

- To benefit knowledge of the increase of different types of industrial sugar

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