Granulated Sugar Market to grow at CAGR of 5.5% during 2020-2026

Posted On June 04, 2020     

The Global Granulated Sugar Market will grow at a CAGR of 5.5% during the study period of 2020-2026, as stated in the published report by Value Market Research. The demands for food and beverages are exponentially increasing across the globe due to the increase in the global population and the increase in spending capacities of emerging economies thus, positively driving the granulated sugar market. The demands for both alcoholic and non-alcoholic beverages are also driving the table sugar market. However, awareness among people about healthier alternatives like castor sugar and ill-effects high carbohydrates intake is anticipated to impact the market growth minimally. Also, the application of granulated sugar in the form of tablets and syrup in the pharmaceutical sector is expected to create favourable business prospects for the manufacturers. The demand for processed food because of changing lifestyles also contributes to the higher demands for this table condiment.

Granulated Sugar, also known as white sugar is made up of sugarcane, sugar beet, a date palm, etc. which has undergone a refining process. The cane sugar is not regarded as a vegan product as some manufacturers use bone char for refining. Granulated Sugar, commonly known as table sugar is one of the primary ingredients in the food and beverage industries. On average, the grain size of this table condiment is around 0.35 mm. It is readily available in the market in three forms, powdered, granular and syrup.

The study "Global Granulated Sugar Market Report By Source (Sugarcane, Sugar Beet, Date Palm, Sorghum, Sugar Maple, And Others), Product (Soft Sugar, Crystal Sugar, And Others), End-Use (Bakery Industry, Beverage Industry, Confectionery & Ice-Cream Industry, Pharmaceutical Industry, And Others), And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" covers key market statistics with regional segmentation.  The data collected by primary and secondary sources, is analysed by industry experts along with the considerations to the economic and political factors. The report is segmented into chapters analysing all the segments individually and regional bifurcation is also done in detail.

On the basis of source the granulated sugar market is bifurcated into sugarcane, sugar beet, date palm, sorghum, sugar maple, and others. By product the granulated sugar market is bifurcated into soft sugar, crystal sugar, and others. On the basis of end-use the market is bifurcated into bakery industry, beverage industry, confectionery & ice-cream industry, pharmaceutical industry, and others.

By geography the report is bifurcated into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Granulated sugar is the dominating region. The data tables in this section depict the market estimate by market segment.

The Report Segments Global Granulated Sugar Market -
By Source

  • Sugarcane
  • Sugar beet
  • Date palm
  • Sorghum
  • Sugar maple
  • Others

By Product

  • Soft sugar
  • Crystal sugar
  • Others

By End-Use

  • Bakery Industry
  • Beverage Industry
  • Confectionery & Ice-Cream Industry
  • Pharmaceutical Industry
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Players Profiled In the Report:
Archer Daniels Midland Company, C&H Sugar, Cargill, D Parry Limited, Ganzhiyuan, Illovo Sugar Ltd, Lotus Health Group, Mitr Phol Sugar Corp, Nordic Sugar A/S, Nordzucker Group AG, Cosan SA, Suedzucker AG, and Wholesome Sweeteners.

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