Owing to the diverse applications of industrial sugar across various sectors, the market is projected to grow at an incremental pace on the global stage. Industrial sugar is highly used in various industries including confectionery and bakery sector, which is primarily driving the growth of the market. Sugar is also considered as an important element which imparts energy to the body and is absorbs quickly. Growing demand for bakery products is supporting the growth of industrial sugar market. Moreover, increasing demand for sweetened beverage market is likely to drive the industrial sugar market.
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The key players profiled in Industrial Sugar Market are Suedzucker AG (Germany), British Sugar plc. (U.K), Tereos S.A. (France), Cargill Inc. (U.S.), Rogers Sugar Inc. (Canada), Michigan Sugar Company (U.S.), Guangxi Guitang Co Ltd (China), Bannari Amman Group (India), Rajashree Sugar & Chemicals Ltd. (India), and Rana Sugars Ltd. (India) among many others.
Latest Industry Updates
Nov 2018 Rogers Sugar Inc. acquired L.B. Maple Treat Corporation which is one of the leading players in the private label maple syrup bottling and distribution. This acquisition was with an aim of business expansion.
Global Industrial Sugar Market has been divided into source, form, application and region.
On The Basis Of Source: Sugarcane, Sugar Beet, and Others
On The Basis Of Form: Granules, Powder, Liquid, and Others
Based on region, the global industrial sugar market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global industrial sugar market is highly dominated by Asia Pacific owing to increased sugarcane farming in this region.
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