Refined Sugar Market Definition
Refined sugar comes from sugar cane or sugar beets, which are processed to extract the sugar. It is typically found as sucrose, which is the combination of glucose and fructose. It offers a wide range of sweetening solutions to the manufacturers, as it is the vital commodity that is traded in the global markets. refined sugar is sweet, soluble carbohydrate, which is used in adding to several items. There are various types of industrial sugar derived from various sources. Cane and beet are the major sources of industrial sugar. Based on the type, the market has been segmented into white, brown, and liquid sugar. The rising sugar crop production across the globe is one of the key factors driving the growth of the market.
The market study is broken down by Type (White sugar, Brown sugar and Liquid sugar), by Application (Bakery, Beverages, Confectionery, Ice Cream and Dairy and Others) and major geographies with country level splits.
Cargill (United States), Archer Daniels Midland Company (United States), Raizen SA (Brazil), Sudzucker, AG (Germany), Tereos SA (France), Nordzucker Group AG (Germany), Tongaat Hulett Limited (South Africa), Illovo Sugar (Pty) Ltd (South Africa), Dangote Sugar (Nigeria) and E.I.D Parry Limited (India) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Refined Sugar market by Type, Application and Region.
On the basis of geography, the market of Refined Sugar has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Granulated will boost the Refined Sugar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Refined Sugar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Sugar Cane Source will boost the Refined Sugar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 19 March 2019, Nordzucker, a leading industrial sugar company has announced an investment of 100 million euros in Swedish sugar production. The company will concentrate its sugar production in Sweden at the factory in Örtofta.
- The Surge in the Use of Refined Sugar for Bakery & Confectionary Applications
- Growing Importance of International Trade in Refined Sugar
- Expanding Sugar Crop Production
- The Rising Population As Well As Consumption of Sweetened Food Items
- Rising Average International Prices
- Value Addition of By-Products
- Increasing Industrial Beet Sugar Market
- Productivity Improvement Opportunity
- Increasing Cooperative Structure
- Preferential Trade Agreements
- The Emerging Demand from Developing Nations
- Water Consuming Monoculture Production
- Growth in Demand for Alternate Sweeteners as Sugar Substitutes
- Pricing Pressure of Refined Sugar
- Increasing Costs of Sugar Production
Key Target AudienceRefined Sugar Manufacturers, Farmers and raw material suppliers, Manufacturers, millers, and factory corporate owners, Refinery owners, Commodity importers and exporters, Commodity traders and distributors, Government and research organizations and Associations and industry bodies
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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