Title: Global Sugar Market Share, Size, Price Trends And Forecast 2018-2023
1 Global Sugar Market Fueled by Expanding Non-Food
Applications
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3Report Description and Highlights
Report Description
Global Sugar Market Fueled by Expanding Non-Food
Applications The global sugar market is
currently witnessing a positive growth. This can
be highly accredited to the factors such as
thriving food beverage industry, expanding
non-food applications as well as a strong demand
from emerging regions. Sugar, also known as
sucrose, refers to a type of disaccharide made
from the combination of the monosaccharides
glucose and fructose. Sugar is a fine,
colourless, odourless crystalline powder with a
pleasing and sweet taste. In addition to this, it
is not only present naturally within fruits but
can also be produced commercially. Further, sugar
is highly regarded across various industries for
its distinct properties which include. A new
research report title Sugar Market Global
Industry Trends, share, Size, Growth, Opportunity
and Forecast 2018-2023 by IMARC Group estimates
that the market was worth 167 Million Tons in
2017. The report further anticipates the market
to reach approximately 194 Million Tons by 2023,
at a projected CAGR of around 3 over the
forecast period.
4Report Description and Highlights
Report Description
5Report Description and Highlights
Report Description
- Market Drivers/Constraints
- Sugar helps to enhance texture, controls moisture
and acts as a preservative due to which it is
extensively used in the food and beverage
industry. This represents one of the primary
factors which is stimulating the growth of the
global sugar market. - Expanding non-food applications across various
sectors such as pharmaceuticals, cosmetics,
bioplastic, etc. is another factor which is
contributing to the market growth. In
pharmaceuticals, sugar is used in tablets and
cough syrups whereas in cosmetics, it is utilised
as an organic exfoliant. - Some of the other forces that have been proactive
in maintaining the demand for sugar include
surging population, elevating incomes,
urbanisation, improving standards of living,
flourishing end-use industries and a strong
demand from emerging economies. - However, the confluence of health-conscious
consumer base and the availability of
substitutes, such as stevia and aspartame, acts
as major hindrance for the market growth. - Read full report _at_ https//www.imarcgroup.com/suga
r-manufacturing-plant
6Report Description and Highlights
Report Description
- Regional Insights
- On a geographical front, Brazil dominates
the global sugar market, accounting for around a
fifth of the total global production. In Brazil,
sugar represents a crucial part of the economy
and it contributes significantly to the national
GDP. Brazil is followed by India, the European
Union, China and Thailand. - Competitive Landscape
- The market is highly fragmented with the presence
of numerous small and large manufacturers who
compete in terms of prices and quality. There is
an intense competition in the market which makes
it difficult for small players to survive. Some
of the leading players operating in the market
are - Sudzucker AG
- Tereos
- Cosan
- Request Sample Of The Report https//www.imarcgro
up.com/request?typereportid558flagB -
-
7Report Description and Highlights
Report Description
- Mitr Phol Sugar Corporation Ltd.
- Associated British Foods
- Nordzucker AG
- Biosev (Louis Dreyfus)
- Wilmar International Limited
- Thai Roong Ruang Group
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- Browse more related reports
- Mung Beans Market https//www.imarcgroup.com/pref
easibility-report-mung-bean-processing-plant - Corn Glucose Market https//www.imarcgroup.com/
corn-glucose-manufacturing-plant
8Report Description and Highlights
Report Description
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