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LAMEA Powdered Sugar Market Size, Share & Trends Analysis Report By Product (Conventional and Organic), By Application (Bakery, Dairy, Confectionery and Others), By Country and Growth Forecast, 2023 - 2030

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    Report

  • 112 Pages
  • March 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5949572
The Latin America, Middle East and Africa Powdered Sugar Market would witness market growth of 7.6% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 406.8 kilo tonnes, showcasing a growth of 8.1% (2023-2030).

The advantages of powdered sugar in dairy applications extend to its role in stabilizing and thickening dairy-based desserts and sauces. Its fine particle size facilitates easy incorporation into mixtures, contributing to the desired consistency and palatability of the final products. Therefore, the Argentina Market consumed 5.99 kilo tonnes powdered sugar in dairy applications in 2022.



The Brazil market dominated the LAMEA Powdered Sugar Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $257 Million by 2030. The Argentina market is showcasing a CAGR of 8.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.3% during (2023 - 2030).

Its adoption is further fueled by the growing demand for bakery and confectionery products and the increasing popularity of home baking and cooking. In baking and confectionery, it is essential for creating smooth icings, frostings, and glazes. Its fine texture allows easy incorporation into batters and doughs, resulting in uniformly sweetened and textured baked goods.

Additionally, in the beverage industry, this is a versatile sweetening agent for hot and cold beverages. It dissolves quickly in liquid, ensuring uniform sweetness without leaving behind any gritty texture. Powdered sugar is often used to sweeten coffee, tea, smoothies, milkshakes, and cocktails, providing a convenient option for achieving desired sweetness levels in beverages.

Brazil is a significant exporter of food and beverage products to international markets, with it being a key ingredient in many of these products. As reported by the Brazilian Food Processors' Association (ABIA), in 2021, the Brazilian food processing sector demonstrated robust growth, recording impressive sales amounting to R$922.6 billion (equivalent to US$171 billion). This significant increase of 16.9 percent compared to the previous year, 2020, highlights the sector's substantial expansion and economic contribution within Brazil.

Based on Product, the market is segmented into Conventional and Organic. Based on Application, the market is segmented into Bakery, Dairy, Confectionery and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Südzucker AG
  • Tate & Lyle Plc.
  • Louis Dreyfus Company B.V.
  • Cargill, Incorporated
  • Nordzucker AG (Nordzucker Holding AG)
  • COFCO Corporation
  • Associated British Foods PLC (Wittington Investments Limited)
  • weikfield foods pvt. Ltd.
  • American Crystal Sugar Company
  • Whole Earth Brands, Inc.

Market Report Segmentation

By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Conventional
  • Organic
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Bakery
  • Dairy
  • Confectionery
  • Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Powdered Sugar Market, by Product
1.4.2 LAMEA Powdered Sugar Market, by Application
1.4.3 LAMEA Powdered Sugar Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Powdered Sugar Market by Product
4.1 LAMEA Conventional Market by Country
4.2 LAMEA Organic Market by Country
Chapter 5. LAMEA Powdered Sugar Market by Application
5.1 LAMEA Bakery Market by Country
5.2 LAMEA Dairy Market by Country
5.3 LAMEA Confectionery Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Powdered Sugar Market by Country
6.1 Brazil Powdered Sugar Market
6.1.1 Brazil Powdered Sugar Market by Product
6.1.2 Brazil Powdered Sugar Market by Application
6.2 Argentina Powdered Sugar Market
6.2.1 Argentina Powdered Sugar Market by Product
6.2.2 Argentina Powdered Sugar Market by Application
6.3 UAE Powdered Sugar Market
6.3.1 UAE Powdered Sugar Market by Product
6.3.2 UAE Powdered Sugar Market by Application
6.4 Saudi Arabia Powdered Sugar Market
6.4.1 Saudi Arabia Powdered Sugar Market by Product
6.4.2 Saudi Arabia Powdered Sugar Market by Application
6.5 South Africa Powdered Sugar Market
6.5.1 South Africa Powdered Sugar Market by Product
6.5.2 South Africa Powdered Sugar Market by Application
6.6 Nigeria Powdered Sugar Market
6.6.1 Nigeria Powdered Sugar Market by Product
6.6.2 Nigeria Powdered Sugar Market by Application
6.7 Rest of LAMEA Powdered Sugar Market
6.7.1 Rest of LAMEA Powdered Sugar Market by Product
6.7.2 Rest of LAMEA Powdered Sugar Market by Application
Chapter 7. Company Profiles
7.1 Südzucker AG
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 Tate & Lyle PLC
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental & Regional Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 Louis Dreyfus Company B.V.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.5 Nordzucker AG (Nordzucker Holding AG)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 COFCO Corporation
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Associated British Foods PLC (Wittington Investments Limited)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 SWOT Analysis
7.8 Weikfield foods pvt. Ltd.
7.8.1 Company Overview
7.9 American Crystal Sugar Company
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Whole Earth Brands, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis

Companies Mentioned

  • Südzucker AG
  • Tate & Lyle Plc.
  • Louis Dreyfus Company B.V.
  • Cargill, Incorporated
  • Nordzucker AG (Nordzucker Holding AG)
  • COFCO Corporation
  • Associated British Foods PLC (Wittington Investments Limited)
  • weikfield foods pvt. Ltd.
  • American Crystal Sugar Company
  • Whole Earth Brands, Inc.

Methodology

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