+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global Sugar Market - Forecasts from 2019 to 2024

  • ID: 4801651
  • Report
  • Region: Global
  • 105 pages
  • Knowledge Sourcing Intelligence LLP
UP TO OFF
until Sep 30th 2019
1 of 3

FEATURED COMPANIES

  • Cargill, Incorporated
  • Dangote Group
  • E.I.D Parry Limited
  • Illovo Sugar (Pty) Ltd
  • Nordzucker AG
  • Raizen SA
  • MORE
The global sugar market is projected to grow at a CAGR of 2.90% to reach US$89.244 billion in 2024 from US$75.617 billion in 2018. Sugar refers to a soluble crystalline used to sweeten food and beverages. Sugar is derived from various sources, with sugarcane and sugar beets being the prominent sources. The series of activities involved in the sugar market is production, processing, and distribution. The production of sugar is primarily under the control of farmers globally with only a handful of industries actually involved in the production of sugar. However, the processing and the distribution of sugar is vastly influenced by public and private owned companies The high consumption of sweetened food and beverages worldwide is considered one of the drivers for the sugar market globally, on the other hand, fluctuations in the price and supply of sugar may hinder its growth. The sugar market has been segmented on the basis of type, application, and geography.

Geographically the Asia Pacific region is assessed to have a high market growth for the sugar market due to the rise in disposable income as well as rapid urbanization of previously low-income sections along with improvement in the food and beverage industry in the regions. In North America as well as the European region it is projected that these regions will hold a significant hold in the market during the forecasted time period due to high consumption of food, beverages, confectionaries, etc. In South America, Brazil is also anticipated to hold a significant share in the market owing to the fact it is one of the leading producers and exporters of sugar globally.

Drivers

Increase in consumption of products containing sugar
Growth in sugar crop production
Rapid urbanization of low-income economies

Restraints

Availability of substitute sweeteners
Rising awareness of health concerns caused by consuming sugar
Fluctuation in the price and supply of sugar

Industry Update

In January 2019, Suedzucker one of the prominent producers of sugar in Europe has announced that they are planning to close down sugar production plants and also reduce their production volumes by up to around 700,000 tonnes per year.

Major industry players profiled as part of the report are Cargill, Incorporated, Archer Daniels Midland Company, Raizen SA, Sudzucker, Tereos, Nordzucker AG, Tongaat Hulett Group, and Illovo Sugar (Pty) Ltd. among others.

Segmentation

The global sugar market has been analyzed through the following segments:

By Type

Granular
Powder
Liquid

By Application

Dairy
Beverages
Confectionary and Bakery
Processed food
Others

By Geography

North America
USA
Canada
Mexico
Others

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Cargill, Incorporated
  • Dangote Group
  • E.I.D Parry Limited
  • Illovo Sugar (Pty) Ltd
  • Nordzucker AG
  • Raizen SA
  • MORE
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources

3. KEY FINDINGS

4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. GLOBAL SUGAR MARKET BY TYPE
5.1. Granular
5.2. Powder
5.3. Liquid

6. GLOBAL SUGAR MARKET BY APPLICATION
6.1. Dairy
6.2. Beverages
6.3. Confectionary and Bakery
6.4. Processed Food
6.5. Others

7. GLOBAL SUGAR MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.1.4. Others
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others

8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players

9. COMPANY PROFILES
9.1. Cargill, Incorporated
9.2. Archer Daniels Midland Company
9.3. Raizen SA
9.4. Sudzucker
9.5. Tereos
9.6. Nordzucker AG
9.7. Tongaat Hulett Group
9.8. Illovo Sugar (Pty) Ltd
9.9. Dangote Group
9.10. E.I.D Parry Limited
9.11. Shree Renuka Sugars Ltd
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • Raizen SA
  • Sudzucker
  • Tereos
  • Nordzucker AG
  • Tongaat Hulett Group
  • Illovo Sugar (Pty) Ltd
  • Dangote Group
  • E.I.D Parry Limited
  • Shree Renuka Sugars Ltd
Note: Product cover images may vary from those shown
Adroll
adroll