Due to the diverse applications of industrial sugar across
various sectors, the market is growing at an incremental pace of development on
the global stage. Market Research Future, a firm which specializes in market
reports related to the Food, Beverages & Nutrition sector among others,
recently forecasted in its report on Global Industrial Sugar Market Research
Report- Forecast to 2022 that the market will demonstrate an exceptional CAGR %
while achieving billion dollar growth readily in the forecast period.
industrial
sugar market trends
Application of industrial sugar across various sectors majorly
including confectionery, bakery and beverages have promoted the high growth of
industrial sugar globally. Sugar imparts energy to the body and absorbs
quickly. High demand for sweetened bakery products have also added fuel to the
market growth of industrial sugar market. Growth of the sweetened beverage
market has also provided an impetus for the increased demand of this sector.
However, escalating market demand for sugar substitutes based on increasing
health awareness is projected to propel the high market growth of this sector.
Latest Industry Updates
Nov 2017 To expand their production capacity, 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.
Aug 2017 E.I.D. Parry (India) Limited; one of the leading
players in sugar market of India has announced to expand their sugar production
capacity in order 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 in order to expand their geographical presence as well
as to increase their production capacity.
Global Industrial Sugar Market - Competitive
Analysis
Established key players in the global industrial sugar market
are identified to be focusing highly on increasing their production capacity in
order to retain their market position. New players are also observed to enter
the market based on the lucrative opportunities to generate high revenues. High
emphasis is given onto the R&D sector where the players are identified to
invest hugely on process and product innovations as well as improvisations. The
best long-term growth opportunities for this sector can be captured by ensuring
ongoing process improvements and financial flexibility to invest in the optimal
strategies.
Global Industrial Sugar Market - Regional Analysis
The global industrial sugar market is segmented into North
America, Europe, APAC, and Rest of the World (RoW). Global dietary market is
highly dominated by Asia Pacific due to increased sugarcane farming in the
region. Countries like China, India, Indonesia and Thailand are identified to
be contributing the most to the industrial sugar market in Asia Pacific region.
Presence of large number of small and medium-sized local players is contributing
to the growth of this market in the North America and European regions.
Complete Report Details @ https://www.marketresearchfuture.com/reports/industrial-sugar-market-2371
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