Cane Sugar Market Analysis, Share, Industry & Revenue [2031]
Cane Sugar Market Analysis, Share, Industry & Revenue [2031]
Segments - Cane Sugar Market by Categories (Organic and Conventional), Forms (Crystallized Sugar and Liquid Syrup), Applications (Bakery & Confectionery, Dairy, Beverages, and Others), and Regions (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America) - Global Industry Analysis, Growth, Share, Size, Trends, And Forecast 2021 – 2028
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| Report ID :FB-1045
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Report Description
The global cane sugar market is anticipated to expand at a CAGR of 5.4% during the forecast period, 2021 – 2028. The growth of the market is attributed to huge availability of sugarcane in emerging countries. Moreover, rising focus on agriculture among developed countries is driving the market growth.
Cane sugar, also known as disaccharide, is composed of two monosaccharides, glucose and fructose. Sucrose is produced naturally in plants through which table sugar is obtained. For consumption, sucrose is extracted and refined from sugarcane as well as sugar beets. Sugar mills is located where sugar cane is grown to crush the cane and produce raw sugar, which is shipped for refining into pure sucrose. Sugar mills also process the raw sugar into pure sucrose. Sugar beet factories is located in cold regions, where the beets are grown and processed directly into refined sugar.
The sugar refining process include washing the raw sugar crystals before dissolving them into a sugar syrup, which is filtered and then passed over carbon to remove any residual colour. The clear sugar syrup is then concentrated by boiling under a vacuum and crystallized in the final purification process to produce crystals of pure sucrose. Crystals are clear, odourless, and have sweet taste.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing demand for organic cane sugar is excepted to boost the market growth.
- Rising food innovation trends and healthy food alternatives has positively impact the growth of the market.
- Supporting government policies is anticipated to drive the market growth in the projected timeline.
- Shifting consumer preference towards artificial products can hinder the global cane sugar market.
- Rising development of sugar substitutes can create opportunities for the market growth during forecast period.
Scope of the Report
The report on the global cane sugar market research report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
| Attributes | Details |
| Report Title | Cane Sugar Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
| Base Year | 2020 |
| Historic Data | 2018–2019 |
| Forecast Period | 2021–2028 |
| Segmentation | Categories (Organic And Conventional), Forms (Crystallized Sugar And Liquid Syrup), Applications (Bakery & Confectionery, Dairy, Beverages, And Others) |
| Regional Scope | North America, Latin America, Europe, Asia Pacific and Middle East & Africa |
| Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
| Key Players Covered in the Report | Global Organics, Ltd., DO-IT Food Ingredients BV, Louis Dreyfus Company B.V., and Wilmar Sugar Australia Limited |
Global Cane Sugar Market Segment Insights
Organic segment to account a considerable market share
Based on categories, the global cane sugar market is divided into organic and conventional. The organic segment is anticipated to account for a considerable market share owing to its wide availability, texture, cost, eco-friendliness, nutritional benefits, and rich sugarcane flavor over regular conventional cane sugar. It retains all of the nutrients found in its original state and also has a special molasses aroma that attracts the consumers.
Crystallized sugar is expected to major market share
Based on forms, the global cane sugar market is segmented into crystallized sugar and liquid syrup. The crystallized sugar segment is expected to account for a major market share owing to its increasing use as a preservative for various applications, which includes candied fruits, jams, and marmalades. On the other hand, the liquid syrup segment is speculated to grow at a steady rate during the forecast period.
Bakery & confectionery segment to grow at a significant rate
Based on applications, the market is classified as bakery & confectionery, dairy, beverages, and others. The bakery & confectionery segment is anticipated to grow at a significant rate during the forecast period owing to its wide variety of applications and growing consumption of confectionery products, which includes chewing gum, sweets, candied nuts, and chocolates. Increasing population and technological advancements in developing economies are expected to contribute toward the growth of the market segment.
Asia Pacific to dominant market
In terms of regions, the market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to dominant the market owing to major volume of sugarcane harvested and processed sugar in emerging economies such as India and Thailand. Rising shift from cassava to sugarcane production due to higher returns and decreasing sugar prices are causing farmers to prefer shifting towards cane sugar production.
Segments
Segments Covered in the Report
The market global cane sugar market has been segmented on the basis of
Categories
- Organic
- Conventional
Forms
- Crystallized Sugar
- Liquid Syrup
Applications
- Bakery & Confectionery
- Dairy
- Beverages
- Others
Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players
- Global Organics, Ltd.
- DO-IT Food Ingredients BV
- Louis Dreyfus Company B.V.
- Wilmar Sugar Australia Limited
Competitive Landscape
Key players operating in the global cane sugar market includes Global Organics, Ltd., DO-IT Food Ingredients BV, Louis Dreyfus Company B.V., and Wilmar Sugar Australia Limited.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Cane Sugar Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cane Sugar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cane Sugar Market - Supply Chain
4.5. Global Cane Sugar Market Forecast
4.5.1. Cane Sugar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cane Sugar Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Cane Sugar Market Absolute $ Opportunity
5. Global Cane Sugar Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Cane Sugar Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Cane Sugar Demand Share Forecast, 2019-2026
6. North America Cane Sugar Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Cane Sugar Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Cane Sugar Demand Share Forecast, 2019-2026
7. Latin America Cane Sugar Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Cane Sugar Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Cane Sugar Demand Share Forecast, 2019-2026
8. Europe Cane Sugar Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Cane Sugar Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Cane Sugar Demand Share Forecast, 2019-2026
9. Asia Pacific Cane Sugar Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Cane Sugar Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Cane Sugar Demand Share Forecast, 2019-2026
10. Middle East & Africa Cane Sugar Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Cane Sugar Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Cane Sugar Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Cane Sugar Market: Market Share Analysis
11.2. Cane Sugar Distributors and Customers
11.3. Cane Sugar Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Global Organics, Ltd.
11.4.2. DO-IT Food Ingredients BV
11.4.3. Louis Dreyfus Company B.V.
11.4.4. Wilmar Sugar Australia Limited
Methodology
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