Industrial Sugar Market by Type (White Sugar, Brown Sugar, & Liquid Sugar), Application (Dairy Products, Bakery Products, Confectionery, Beverages, & Pharmaceuticals), Source (Sugarcane & Sugar Beet) and Region - Global Forecast to 2028

Abstract
According to MarketsandMarkets, the industrial sugar market is projected to reach USD 59.1 billion by 2028 from USD 46.4 billion by 2023, at a CAGR of 5.0% during the forecast period in terms of value. The demand for industrial sugar is driven by the growth in the food and beverage industry, which accounts for the majority of sugar consumption. The increasing demand for convenience foods and beverages has led to an increase in the use of sugar as a sweetener and preservative.

The pharmaceutical and chemical industries also use sugar as a raw material in the production of various products. Moreover, the industrial sugar market is also influenced by the growing trend toward natural and organic food products, which has increased demand for organic sugar. Additionally, the market for alternative sweeteners, such as high-fructose corn syrup, is also impacting the demand for industrial sugar.

"By type, white sugar is projected in high demand during the forecast period."

Several factors, including the growing demand for processed foods and beverages and the increasing use of sugar in the pharmaceutical and personal care industries, drive the global market for white sugar. The market is also influenced by factors such as sugar prices, government regulations, and the availability of raw sugar. Moreover, the raw sugar undergoes a refining process that removes impurities and produces a granulated, white product that is approximately 99.5% pure sucrose. This refined white sugar is commonly used in the food and beverage industry as a sweetener and in other industrial applications.

"By form, the market for granulated industrial sugar is projected in high demand"

Granulated sugar is commonly used as a sweetener in a wide variety of food and beverage products, including baked goods, confectionery, soft drinks, and other processed foods. The demand for granulated sugar is steady throughout the year because it is a common ingredient in many food and beverage products. The granulated sugar market is also influenced by various external factors such as changes in government regulations, weather conditions, and trade policies. For instance, changes in sugar import/export tariffs and quotas can impact the availability and prices of granulated sugar in different regions of the world.

Asia Pacific will significantly contribute towards market growth during the forecast period

The industrial sugar market in the Asia Pacific region has been experiencing steady growth over the past few years. This growth can be attributed to the dominance of domestic food manufacturers, which is driving the adoption of food & beverages industry in the region. Moreover, the food and beverage industry is the largest consumer of industrial sugar in the region, due to the high demand for sweeteners and other sugar-based ingredients in various food and beverage products. Additionally, the pharmaceutical and personal care industries are also driving the growth of the industrial sugar market in the region, as sugar is widely used in the production of medicines and cosmetic products.

Break-up of Primaries:
By Value Chain: Manufacturers-70%, Suppliers – 30%
By Designation: CXOs-33.7%, Managers – 44%, and Executives- 22.3%
By Region: Europe - 18%, Asia Pacific – 10%, North America - 60%, Middle East & Africa – 4%, South America-8%

Leading players profiled in this report:
•Südzucker AG (Germany)
•Cargill, Inc. (US)
•Associated British Foods plc (UK)
•Raízen (Brazil)
•Lantic Inc. (Germany)
•Mitr Phol Group (Thailand)
•AMERICAN CRYSTAL SUGAR (US)
•Louis Dreyfus Company (Netherlands)
•Tereos (France)
•Michigan Sugar Company (US)
•Dwarikesh Sugar Industries Limited (India)
•Canal Sugar (Egypt)
•Al Khaleej Sugar (Dubai)
•Rajshree Sugars & Chemicals Limited (RSCL) (India)
•Rana Group (India)
The study includes an in-depth competitive analysis of these key players in the Industrial sugar market with their company profiles, recent developments, and key market strategies.

Research Coverage:
The report segments the industrial sugar market on the basis of form, source, application, type and region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global industrial sugar market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall industrial sugar market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
•Analysis of key drivers (Growing industrial beet sugar market), restraints (Rising demand for alternate sweeteners as sugar substitutes), opportunities (Access to new markets due to increasing cooperative sector), and challenges (Increasing cost of sugar production) influencing the growth of the industrial sugar market.
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the industrial sugar market.
•Market Development: Comprehensive information about lucrative markets – the report analyses the industrial sugar market across varied regions.
•Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the industrial sugar market.
•Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players Südzucker AG (Germany), Cargill, Inc. (US), Associated British Foods plc (UK), Raízen (Brazil), and Lantic Inc. (Germany)are among others in the industrial sugar market strategies. The report also helps stakeholders understand the lecithin and phospholipids market and provides them information on key market drivers, restraints, challenges, and opportunities.

Content
Table of Coontents

1INTRODUCTION31
1.1STUDY OBJECTIVES31
1.2MARKET DEFINITION31
1.3STUDY SCOPE32
1.3.1MARKET SEGMENTATION32
1.3.2INCLUSIONS AND EXCLUSIONS32
1.3.3REGIONS COVERED33
1.4YEARS CONSIDERED33
1.5CURRENCY CONSIDERED34
TABLE 1USD EXCHANGE RATES, 2018–202234
1.6UNITS CONSIDERED34
1.7STAKEHOLDERS35
1.8SUMMARY OF CHANGES35
2RESEARCH METHODOLOGY36
2.1RESEARCH DATA36
FIGURE 1RESEARCH DESIGN36
2.1.1SECONDARY DATA37
2.1.1.1Key data from secondary sources37
2.1.2PRIMARY DATA38
2.1.2.1Key data from primary sources38
2.1.2.2Breakdown of primary interviews39
2.1.2.3Key industry insights40
2.2MARKET SIZE ESTIMATION40
FIGURE 2INDUSTRIAL SUGAR MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS (TOP-DOWN APPROACH)41
2.2.1BOTTOM-UP APPROACH41
FIGURE 3INDUSTRIAL SUGAR MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH42
2.3DATA TRIANGULATION43
FIGURE 4DATA TRIANGULATION43
2.4RESEARCH ASSUMPTIONS44
2.5LIMITATIONS AND RISK ASSESSMENT45
2.6RECESSION IMPACT ANALYSIS45
3EXECUTIVE SUMMARY47
TABLE 2INDUSTRIAL SUGAR MARKET SNAPSHOT, 2023 VS. 2028 (BY VOLUME)47
FIGURE 5INDUSTRIAL SUGAR MARKET, BY TYPE, 2023 VS. 2028 (USD BILLION)48
FIGURE 6INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2023 VS. 2028 (KT)49
FIGURE 7INDUSTRIAL SUGAR MARKET, BY FORM, 2023 VS. 2028 (KT)49
FIGURE 8INDUSTRIAL SUGAR MARKET, BY SOURCE, 2023 VS. 2028 (KT)50
FIGURE 9INDUSTRIAL SUGAR MARKET, BY REGION, 2022 (BY VOLUME)51
4PREMIUM INSIGHTS52
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL SUGAR MARKET52
FIGURE 10INCREASING USE OF INDUSTRIAL BEET SUGAR AND VALUE ADDITION OF SUGAR BY-PRODUCTS TO DRIVE GROWTH OF INDUSTRIAL SUGAR MARKET52
4.2ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY TYPE AND COUNTRY53
FIGURE 11WHITE SUGAR SEGMENT AND INDIA ACCOUNTED FOR SIGNIFICANT MARKET SHARE IN 202253
4.3INDUSTRIAL SUGAR MARKET, BY APPLICATION53
FIGURE 12BEVERAGES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE BY 202853
4.4INDUSTRIAL SUGAR MARKET, BY TYPE54
FIGURE 13WHITE SUGAR SEGMENT TO LEAD MARKET DURING FORECAST PERIOD54
4.5INDUSTRIAL SUGAR MARKET, BY FORM54
FIGURE 14GRANULATED SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE BY 202854
4.6INDUSTRIAL SUGAR MARKET, BY SOURCE55
FIGURE 15SUGARCANE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD55
5MARKET OVERVIEW56
5.1INTRODUCTION56
5.2MACROECONOMIC FACTORS56
5.2.1CONTRIBUTION OF TOP SUGAR-PRODUCING COUNTRIES TO GLOBAL SUGAR TRADE56
TABLE 3GLOBAL SUGAR TRADE, BY KEY SUGAR-PRODUCING COUNTRY, 2018–2022 (THOUSAND METRIC TONS)57
5.2.2RISE IN PRODUCTION OF SUGARCANE AND SUGAR BEET57
TABLE 4AREA HARVESTED FOR SUGAR BEET AND SUGARCANE PRODUCTION, 2018–2022 (THOUSAND HECTARES)57
TABLE 5SUGAR BEET AND SUGARCANE PRODUCTION, 2018–2022 (THOUSAND METRIC TONS)57
5.3MARKET DYNAMICS58
FIGURE 16MARKET DYNAMICS58
5.3.1DRIVERS58
5.3.1.1Rise in global consumption of sugar and growth in international trade58
5.3.1.2Increasing use of sugar by-products in industries59
FIGURE 17BY-PRODUCTS OF SUGARCANE59
5.3.1.3Rising use of beet sugar as raw material in beverage production60
FIGURE 18GLOBAL SUGAR BEET PRODUCTION, 2011–2021 (MILLION TONS)60
5.3.2RESTRAINTS61
5.3.2.1Need for water-consuming monoculture production61
5.3.2.2Increasing popularity of alternate sweeteners as sugar substitutes61
5.3.3OPPORTUNITIES62
5.3.3.1Growing need to explore potential of sugarcane crops using energy optimization62
5.3.3.2Increasing development of global sugar industry62
5.3.3.3Preferential trade agreements governing sugar imports63
5.3.4CHALLENGES63
5.3.4.1Fluctuations in price and availability of sugar63
FIGURE 19FAIR AND REMUNERATIVE PRICE (FRP) OF SUGARCANE PAYABLE BY SUGAR FACTORIES IN INDIA, 2019–2023 (RS. PER QUINTAL)64
5.3.4.2High cost of producing sugar64
6INDUSTRY TRENDS65
6.1INTRODUCTION65
6.2VALUE CHAIN ANALYSIS65
6.2.1RESEARCH & DEVELOPMENT AND RAW MATERIAL SOURCING65
6.2.2MANUFACTURING66
6.2.3DISTRIBUTION66
6.2.4END USERS66
FIGURE 20VALUE CHAIN ANALYSIS66
6.3SUPPLY CHAIN ANALYSIS67
FIGURE 21SUPPLY CHAIN ANALYSIS67
6.4MARKET MAP AND ECOSYSTEM ANALYSIS68
6.4.1DEMAND SIDE68
6.4.2SUPPLY SIDE68
FIGURE 22ECOSYSTEM MAP68
TABLE 6ECOSYSTEM ANALYSIS69
6.5TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES70
6.5.1REVENUE SHIFT AND NEW REVENUE POCKETS IN INDUSTRIAL SUGAR MARKET70
FIGURE 23REVENUE SHIFT IMPACTING TRENDS/DISRUPTIONS IN INDUSTRIAL SUGAR MARKET70
6.6TECHNOLOGICAL ANALYSIS71
6.6.1DIGITALIZATION71
6.6.2GENETIC ENGINEERING71
6.7PRICING ANALYSIS72
6.7.1AVERAGE SELLING PRICE OFFERED BY KEY PLAYERS FOR SUGAR TYPES72
FIGURE 24AVERAGE SELLING PRICE OFFERED BY KEY PLAYERS FOR SUGAR TYPES72
TABLE 7AVERAGE SELLING PRICE OFFERED BY KEY PLAYERS FOR SUGAR TYPES, 2022 (USD/TON)72
FIGURE 25AVERAGE SELLING PRICE, BY SUGAR TYPE, 2018–2021 (USD/TON)73
TABLE 8WHITE SUGAR: AVERAGE SELLING PRICE, BY REGION, 2018–2022 (USD/TON)73
TABLE 9BROWN SUGAR: AVERAGE SELLING PRICE, BY REGION, 2018–2022 (USD/TON)74
TABLE 10LIQUID SUGAR: AVERAGE SELLING PRICE, BY REGION, 2018–2022 (USD/TON)74
6.8PATENT ANALYSIS75
FIGURE 26NUMBER OF PATENTS GRANTED FOR INDUSTRIAL SUGAR, 2011–202275
FIGURE 27REGIONAL ANALYSIS OF PATENTS GRANTED FOR INDUSTRIAL SUGAR, 2019–202275
TABLE 11MAJOR PATENTS IN INDUSTRIAL SUGAR MARKET, 2019–202276
6.9TRADE ANALYSIS77
6.9.1EXPORT SCENARIO77
FIGURE 28EXPORT VALUE OF SUGAR FOR KEY COUNTRIES, 2018–2021 (USD THOUSAND)77
TABLE 12EXPORT VALUE OF SUGAR FOR KEY COUNTRIES, 2021 (USD THOUSAND)78
6.9.2IMPORT SCENARIO78
FIGURE 29IMPORT VALUE OF SUGAR FOR KEY COUNTRIES, 2018–2021 (USD THOUSAND)79
TABLE 13IMPORT VALUE OF SUGAR FOR KEY COUNTRIES, 2021 (USD THOUSAND)79
6.10KEY CONFERENCES & EVENTS80
TABLE 14KEY CONFERENCES & EVENTS, 202380
6.11CASE STUDIES80
6.11.1CASE STUDY 1: SUGARPHARM MADE SIGNIFICANT INVESTMENTS TO OVERCOME SUPPLY CHAIN AND REGULATORY CHALLENGES80
6.11.2CASE STUDY 2: CARGILL UTILIZED ITS EXPERTISE TO IMPROVE TECHNOLOGY USED FOR MANUFACTURING NATURAL SWEETENERS81
6.12TARIFF AND REGULATORY LANDSCAPE81
6.12.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS81
6.12.1.1North America: List of regulatory bodies, government agencies, and other organizations81
6.12.1.2Europe: List of regulatory bodies, government agencies, and other organizations82
6.12.1.3Asia Pacific: List of regulatory bodies, government agencies, and other organizations83
6.12.1.4Rest of the World: List of regulatory bodies, government agencies, and other organizations83
6.13REGULATORY FRAMEWORK84
6.13.1INTRODUCTION84
6.13.2REGULATIONS, BY REGION84
6.13.2.1US84
6.13.2.2Europe84
6.13.2.3China85
6.13.2.4India85
6.13.2.5Brazil86
6.14PORTER’S FIVE FORCES ANALYSIS87
TABLE 15PORTER’S FIVE FORCES ANALYSIS87
6.14.1INTENSITY OF COMPETITIVE RIVALRY87
6.14.2THREAT FROM NEW ENTRANTS87
6.14.3THREAT FROM SUBSTITUTES88
6.14.4BARGAINING POWER OF SUPPLIERS88
6.14.5BARGAINING POWER OF BUYERS88
6.15KEY STAKEHOLDERS AND BUYING CRITERIA89
6.15.1KEY STAKEHOLDERS IN BUYING PROCESS89
FIGURE 30INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP APPLICATIONS89
TABLE 16INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS89
6.15.2BUYING CRITERIA90
FIGURE 31KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS90
TABLE 17KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS90
7INDUSTRIAL SUGAR MARKET, BY FORM91
7.1INTRODUCTION92
FIGURE 32INDUSTRIAL SUGAR MARKET, BY FORM, 2023 VS. 2028 (USD BILLION)92
TABLE 18INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (USD BILLION)92
TABLE 19INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (USD BILLION)93
TABLE 20INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)93
TABLE 21INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)93
7.2GRANULATED93
7.2.1GROWING DEMAND FOR PROCESSED FOODS TO BOOST GROWTH OF GRANULATED SUGAR93
TABLE 22GRANULATED: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (USD BILLION)94
TABLE 23GRANULATED: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (USD BILLION)94
TABLE 24GRANULATED: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)94
TABLE 25GRANULATED: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)95
7.3POWDERED95
7.3.1POPULARITY OF BAKERY AND CONFECTIONERY PRODUCTS TO DRIVE POWDERED SUGAR MARKET IN DEVELOPING COUNTRIES95
TABLE 26POWDERED: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (USD BILLION)95
TABLE 27POWDERED: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (USD BILLION)96
TABLE 28POWDERED: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)96
TABLE 29POWDERED: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)96
7.4SYRUP97
7.4.1INCREASED SHELF LIFE OF SYRUP SUGAR TO BOOST USE IN FOOD INDUSTRY97
TABLE 30SYRUP: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (USD BILLION)97
TABLE 31SYRUP: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (USD BILLION)97
TABLE 32SYRUP: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)98
TABLE 33SYRUP: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)98
8INDUSTRIAL SUGAR MARKET, BY SOURCE99
8.1INTRODUCTION100
FIGURE 33INDUSTRIAL SUGAR MARKET, BY SOURCE, 2023 VS. 2028 (KT)100
TABLE 34INDUSTRIAL SUGAR MARKET, BY SOURCE, 2018–2022 (KT)100
TABLE 35INDUSTRIAL SUGAR MARKET, BY SOURCE, 2023–2028 (KT)101
8.2SUGARCANE101
8.2.1RISING CONSUMPTION OF BAKERY ITEMS TO PROPEL DEMAND FOR NATURAL AND NON-GMO SUGARCANE101
TABLE 36SUGARCANE: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)101
TABLE 37SUGARCANE: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)102
8.3SUGAR BEET102
8.3.1SUGAR BEET CULTIVATION TO PROMOTE ENVIRONMENTAL SUSTAINABILITY AND ENSURE LOCAL FOOD SECURITY102
TABLE 38SUGAR BEET: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)103
TABLE 39SUGAR BEET: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)103
9INDUSTRIAL SUGAR MARKET, BY TYPE104
9.1INTRODUCTION105
FIGURE 34INDUSTRIAL SUGAR MARKET, BY TYPE, 2023 VS. 2028 (USD BILLION)105
TABLE 40INDUSTRIAL SUGAR MARKET, BY TYPE, 2018–2022 (USD BILLION)105
TABLE 41INDUSTRIAL SUGAR MARKET, BY TYPE, 2023–2028 (USD BILLION)106
TABLE 42INDUSTRIAL SUGAR MARKET, BY TYPE, 2018–2022 (KT)106
TABLE 43INDUSTRIAL SUGAR MARKET, BY TYPE, 2023–2028 (KT)106
9.2WHITE SUGAR106
9.2.1VERSATILITY AND AVAILABILITY OF WHITE SUGAR TO DRIVE ITS POPULARITY AS IMPORTANT INGREDIENT IN FOOD INDUSTRY106
TABLE 44WHITE SUGAR: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (USD BILLION)107
TABLE 45WHITE SUGAR: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (USD BILLION)107
TABLE 46WHITE SUGAR: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)107
TABLE 47WHITE SUGAR: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)108
9.3BROWN SUGAR108
9.3.1POPULARITY OF BROWN SUGAR EXPECTED TO RISE WITH CONSUMERS SEEKING HEALTHY AND ETHICAL FOOD OPTIONS108
TABLE 48BROWN SUGAR: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (USD BILLION)108
TABLE 49BROWN SUGAR: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (USD BILLION)109
TABLE 50BROWN SUGAR: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)109
TABLE 51BROWN SUGAR: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)109
9.4LIQUID SUGAR110
9.4.1ADAPTABILITY AND CONSISTENCY OF LIQUID SUGAR TO ENHANCE USE IN FOOD SECTOR110
TABLE 52LIQUID SUGAR: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (USD BILLION)110
TABLE 53LIQUID SUGAR: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (USD BILLION)110
TABLE 54LIQUID SUGAR: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)111
TABLE 55LIQUID SUGAR: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)111
10INDUSTRIAL SUGAR MARKET, BY APPLICATION112
10.1INTRODUCTION113
FIGURE 35INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2023 VS. 2028 (KT)113
TABLE 56INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2018–2022 (KT)113
TABLE 57INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2023–2028 (KT)114
10.2DAIRY PRODUCTS114
10.2.1RISE IN POPULARITY OF CREAM, MILK, AND CHEESE TO DRIVE GROWTH OF INDUSTRIAL SUGAR MARKET114
TABLE 58DAIRY PRODUCTS: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)114
TABLE 59DAIRY PRODUCTS: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)115
10.3BAKERY PRODUCTS115
10.3.1INCREASED CONSUMPTION OF BAKERY PRODUCTS DUE TO RISING PER CAPITA INCOMES TO PROPEL MARKET FOR INDUSTRIAL SUGAR115
TABLE 60BAKERY PRODUCTS: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)115
TABLE 61BAKERY PRODUCTS: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)116
10.4CONFECTIONERY116
10.4.1RISING CONSUMPTION OF GUMMIES AND JELLIES AMONG YOUTH TO BOOST GROWTH OF INDUSTRIAL SUGAR116
TABLE 62CONFECTIONERY: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)116
TABLE 63CONFECTIONERY: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)117
10.5BEVERAGES117
10.5.1INCREASING INCLINATION TOWARD REFRESHMENT DRINKS TO BOOST USE OF SUGAR IN BEVERAGES117
TABLE 64BEVERAGES: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)117
TABLE 65BEVERAGES: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)118
10.6CANNED & FROZEN FOODS118
10.6.1GROWING POPULARITY OF CANNED FRUITS AND ICE CREAMS TO DRIVE MARKET FOR INDUSTRIAL SUGAR118
TABLE 66CANNED & FROZEN FOODS: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)118
TABLE 67CANNED & FROZEN FOODS: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)119
10.7PHARMACEUTICALS119
10.7.1RISING USE OF HIGH-QUALITY SUGAR IN PHARMA FORMULATIONS TO BOOST GROWTH OF INDUSTRIAL SUGAR MARKET119
TABLE 68PHARMACEUTICALS: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)119
TABLE 69PHARMACEUTICALS: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)120
10.8OTHER APPLICATIONS120
TABLE 70OTHER APPLICATIONS: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)120
TABLE 71OTHER APPLICATIONS: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)121
11INDUSTRIAL SUGAR MARKET, BY REGION122
11.1INTRODUCTION123
FIGURE 36INDUSTRIAL SUGAR MARKET, BY REGION, 2023 VS. 2028 (USD MILLION)123
FIGURE 37CHINA TO GROW AT HIGHEST RATE DURING FORECAST PERIOD124
11.2INDUSTRIAL SUGAR MARKET: RECESSION IMPACT124
11.2.1MAJOR RECESSION INDICATORS124
FIGURE 38MAJOR RECESSION INDICATORS125
FIGURE 39WORLD INFLATION RATE, 2011–2021125
FIGURE 40GLOBAL GDP, 2011–2021 (USD TRILLION)126
FIGURE 41RECESSION INDICATORS AND THEIR IMPACT ON INDUSTRIAL SUGAR MARKET127
FIGURE 42INDUSTRIAL SUGAR MARKET: EARLIER FORECAST VS. RECESSION FORECAST127
TABLE 72INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (USD BILLION)128
TABLE 73INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (USD BILLION)128
TABLE 74INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)128
TABLE 75INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)129
11.3NORTH AMERICA129
11.3.1NORTH AMERICA: RECESSION IMPACT129
FIGURE 43NORTH AMERICA: INFLATION RATE, BY COUNTRY, 2017–2021130
FIGURE 44NORTH AMERICA: RECESSION IMPACT ANALYSIS131
TABLE 76NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY COUNTRY, 2018–2022 (KT)131
TABLE 77NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY COUNTRY, 2023–2028 (KT)132
TABLE 78NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY TYPE, 2018–2022 (KT)132
TABLE 79NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY TYPE, 2023–2028 (KT)132
TABLE 80NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY TYPE, 2018–2022 (USD BILLION)132
TABLE 81NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY TYPE, 2023–2028 (USD BILLION)133
TABLE 82NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)133
TABLE 83NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)133
TABLE 84NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (USD BILLION)133
TABLE 85NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (USD BILLION)134
TABLE 86NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2018–2022 (KT)134
TABLE 87NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2023–2028 (KT)134
TABLE 88NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY SOURCE, 2018–2022 (KT)135
TABLE 89NORTH AMERICA: INDUSTRIAL SUGAR MARKET, BY SOURCE, 2023–2028 (KT)135
11.3.2US135
11.3.2.1Production capacity expansion of manufacturers in US to boost growth of industrial sugar market135
TABLE 90US: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)135
TABLE 91US: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)136
11.3.3CANADA136
11.3.3.1Extensive distribution networks to boost sales of industrial sugar in Canada136
TABLE 92CANADA: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)136
TABLE 93CANADA: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)136
11.3.4MEXICO137
11.3.4.1Strong presence of packaged food industry and robust retail sector to drive industrial sugar market growth137
TABLE 94MEXICO: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)137
TABLE 95MEXICO: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)137
11.4ASIA PACIFIC138
11.4.1ASIA PACIFIC: RECESSION IMPACT138
FIGURE 45ASIA PACIFIC: INFLATION RATE, BY COUNTRY, 2017–2021139
FIGURE 46ASIA PACIFIC: RECESSION IMPACT ANALYSIS139
FIGURE 47ASIA PACIFIC: MARKET SNAPSHOT140
TABLE 97ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY COUNTRY, 2023–2028 (KT)141
TABLE 98ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY TYPE, 2018–2022 (KT)141
TABLE 99ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY TYPE, 2023–2028 (KT)142
TABLE 100ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY TYPE, 2018–2022 (USD BILLION)142
TABLE 101ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY TYPE, 2023–2028 (USD BILLION)142
TABLE 102ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)142
TABLE 103ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)143
TABLE 104ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (USD BILLION)143
TABLE 105ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (USD BILLION)143
TABLE 106ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2018–2022 (KT)144
TABLE 107ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2023–2028 (KT)144
TABLE 108ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY SOURCE, 2018–2022 (KT)144
TABLE 109ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY SOURCE, 2023–2028 (KT)145
11.4.2CHINA145
11.4.2.1Rising consumption of bakery and processed food products to drive growth of industrial sugar market145
TABLE 110CHINA: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)146
TABLE 111CHINA: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)146
11.4.3JAPAN146
11.4.3.1Japan’s flourishing food industry to drive demand for industrial sugar146
TABLE 112JAPAN: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)147
TABLE 113JAPAN: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)147
11.4.4INDIA147
11.4.4.1Supportive government policies to fuel market growth of industrial sugar147
TABLE 114INDIA: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)148
TABLE 115INDIA: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)148
11.4.5AUSTRALIA & NEW ZEALAND148
11.4.5.1Improved sugarcane yields in recent years to boost production of industrial sugar148
TABLE 116AUSTRALIA & NEW ZEALAND: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)149
TABLE 117AUSTRALIA & NEW ZEALAND: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)149
11.4.6THAILAND149
11.4.6.1Expanding food & beverage industry of Thailand to boost adoption of industrial sugar149
TABLE 118THAILAND: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)150
TABLE 119THAILAND: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)150
11.4.7REST OF ASIA PACIFIC150
TABLE 120REST OF ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)150
TABLE 121REST OF ASIA PACIFIC: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)151
11.5EUROPE151
11.5.1EUROPE: RECESSION IMPACT151
FIGURE 48EUROPE: INFLATION RATE, BY COUNTRY, 2017–2021152
FIGURE 49EUROPE: RECESSION IMPACT ANALYSIS153
FIGURE 50EUROPE: MARKET SNAPSHOT154
TABLE 122EUROPE: INDUSTRIAL SUGAR MARKET, BY COUNTRY, 2018–2022 (KT)155
TABLE 123EUROPE: INDUSTRIAL SUGAR MARKET, BY COUNTRY, 2023–2028 (KT)155
TABLE 124EUROPE: INDUSTRIAL SUGAR MARKET, BY TYPE, 2018–2022 (KT)155
TABLE 125EUROPE: INDUSTRIAL SUGAR MARKET, BY TYPE, 2023–2028 (KT)156
TABLE 126EUROPE: INDUSTRIAL SUGAR MARKET, BY TYPE, 2018–2022 (USD BILLION)156
TABLE 127EUROPE: INDUSTRIAL SUGAR MARKET, BY TYPE, 2023–2028 (USD BILLION)156
TABLE 128EUROPE: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)156
TABLE 129EUROPE: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)157
TABLE 130EUROPE: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (USD BILLION)157
TABLE 131EUROPE: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (USD BILLION)157
TABLE 132EUROPE: INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2018–2022 (KT)158
TABLE 133EUROPE: INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2023–2028 (KT)158
TABLE 134EUROPE: INDUSTRIAL SUGAR MARKET, BY SOURCE, 2018–2022 (KT)158
TABLE 135EUROPE: INDUSTRIAL SUGAR MARKET, BY SOURCE, 2023–2028 (KT)159
11.5.2GERMANY159
11.5.2.1Rising sugar prices to affect overall industrial sugar market159
TABLE 136GERMANY: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)159
TABLE 137GERMANY: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)160
11.5.3FRANCE160
11.5.3.1Infrastructural modernization by major companies to boost industrial sugar market160
TABLE 138FRANCE: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)161
TABLE 139FRANCE: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)161
11.5.4UK161
11.5.4.1Rising popularity of confectionery and beverages to propel market for industrial sugar161
TABLE 140UK: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)162
TABLE 141UK: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)162
11.5.5ITALY162
11.5.5.1Rising demand for sugar-based products in food & beverage industry to drive growth of industrial sugar162
TABLE 142ITALY: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)163
TABLE 143ITALY: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)163
11.5.6SPAIN163
11.5.6.1Increasing investments by foreign players to set up sugar factories to boost adoption of sugar and sugar-related products163
TABLE 144SPAIN: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)163
TABLE 145SPAIN: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)164
11.5.7RUSSIA164
11.5.7.1Rising popularity of convenience products, such as bakery and beverages, to boost growth of industrial sugar164
TABLE 146RUSSIA: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)164
TABLE 147RUSSIA: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)165
11.5.8REST OF EUROPE165
TABLE 148REST OF EUROPE: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)165
TABLE 149REST OF EUROPE: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)166
11.6SOUTH AMERICA166
11.6.1SOUTH AMERICA: RECESSION IMPACT166
FIGURE 51SOUTH AMERICA: INFLATION RATE, BY COUNTRY, 2017–2021167
FIGURE 52SOUTH AMERICA: RECESSION IMPACT ANALYSIS168
TABLE 150SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY COUNTRY, 2018–2022 (KT)168
TABLE 151SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY COUNTRY, 2023–2028 (KT)169
TABLE 152SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY TYPE, 2018–2022 (KT)169
TABLE 153SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY TYPE, 2023–2028 (KT)169
TABLE 154SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY TYPE, 2018–2022 (USD BILLION)169
TABLE 155SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY TYPE, 2023–2028 (USD BILLION)170
TABLE 156SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)170
TABLE 157SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)170
TABLE 158SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (USD BILLION)170
TABLE 159SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (USD BILLION)171
TABLE 160SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2018–2022 (KT)171
TABLE 161SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2023–2028 (KT)171
TABLE 162SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY SOURCE, 2018–2022 (KT)172
TABLE 163SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY SOURCE, 2023–2028 (KT)172
11.6.2BRAZIL172
11.6.2.1Favorable production conditions and strong distribution network to boost industrial sugar market172
TABLE 164BRAZIL: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)173
TABLE 165BRAZIL: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)173
11.6.3ARGENTINA173
11.6.3.1Price control impositions by government to drive growth of industrial sugar market173
TABLE 166ARGENTINA: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)174
TABLE 167ARGENTINA: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)174
11.6.4REST OF SOUTH AMERICA174
TABLE 168REST OF SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)175
TABLE 169REST OF SOUTH AMERICA: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)175
11.7REST OF THE WORLD175
11.7.1REST OF THE WORLD: RECESSION IMPACT176
FIGURE 53REST OF THE WORLD: INFLATION RATE, BY COUNTRY, 2017–2021177
FIGURE 54REST OF THE WORLD: RECESSION IMPACT ANALYSIS177
TABLE 170ROW: INDUSTRIAL SUGAR MARKET, BY REGION, 2018–2022 (KT)177
TABLE 171ROW: INDUSTRIAL SUGAR MARKET, BY REGION, 2023–2028 (KT)178
TABLE 172ROW: INDUSTRIAL SUGAR MARKET, BY TYPE, 2018–2022 (KT)178
TABLE 173ROW: INDUSTRIAL SUGAR MARKET, BY TYPE, 2023–2028 (KT)178
TABLE 174ROW: INDUSTRIAL SUGAR MARKET, BY TYPE, 2018–2022 (USD BILLION)178
TABLE 175ROW: INDUSTRIAL SUGAR MARKET, BY TYPE, 2023–2028 (USD BILLION)179
TABLE 176ROW: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)179
TABLE 177ROW: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)179
TABLE 178ROW: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (USD BILLION)179
TABLE 179ROW: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (USD BILLION)180
TABLE 180ROW: INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2018–2022 (KT)180
TABLE 181ROW: INDUSTRIAL SUGAR MARKET, BY APPLICATION, 2023–2028 (KT)180
TABLE 182ROW: INDUSTRIAL SUGAR MARKET, BY SOURCE, 2018–2022 (KT)181
TABLE 183ROW: INDUSTRIAL SUGAR MARKET, BY SOURCE, 2023–2028 (KT)181
11.7.2AFRICA181
11.7.2.1High domestic consumption of sugar to propel growth of industrial sugar market181
TABLE 184AFRICA: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)182
TABLE 185AFRICA: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)182
11.7.3MIDDLE EAST182
11.7.3.1Rising demand for bakery products to drive success of industrial sugar market182
TABLE 186MIDDLE EAST: INDUSTRIAL SUGAR MARKET, BY FORM, 2018–2022 (KT)183
TABLE 187MIDDLE EAST: INDUSTRIAL SUGAR MARKET, BY FORM, 2023–2028 (KT)183
12COMPETITIVE LANDSCAPE184
12.1OVERVIEW184
12.2MARKET SHARE ANALYSIS184
TABLE 188MARKET SHARE ANALYSIS185
12.3HISTORICAL REVENUE ANALYSIS FOR KEY PLAYERS186
FIGURE 55SEGMENTAL REVENUE ANALYSIS FOR KEY PLAYERS, 2018–2022 (USD BILLION)186
12.4EVALUATION QUADRANT MATRIX FOR KEY PLAYERS186
12.4.1STARS187
12.4.2PERVASIVE PLAYERS187
12.4.3EMERGING LEADERS187
12.4.4PARTICIPANTS187
FIGURE 56EVALUATION QUADRANT MATRIX FOR KEY PLAYERS, 2022188
12.5INDUSTRIAL SUGAR MARKET: PRODUCT FOOTPRINT (KEY PLAYERS)189
TABLE 189COMPANY TYPE FOOTPRINT189
TABLE 190COMPANY APPLICATION FOOTPRINT190
TABLE 191COMPANY SOURCE FOOTPRINT191
TABLE 192COMPANY FORM FOOTPRINT192
TABLE 193COMPANY REGIONAL FOOTPRINT193
TABLE 194OVERALL COMPANY FOOTPRINT194
12.6EVALUATION QUADRANT MATRIX FOR OTHER PLAYERS195
12.6.1PROGRESSIVE COMPANIES195
12.6.2STARTING BLOCKS195
12.6.3RESPONSIVE COMPANIES195
12.6.4DYNAMIC COMPANIES195
FIGURE 57EVALUATION QUADRANT MATRIX FOR OTHER PLAYERS, 2022196
TABLE 195INDUSTRIAL SUGAR MARKET: DETAILED LIST OF OTHER PLAYERS197
12.7COMPETITIVE SCENARIO198
12.7.1DEALS198
TABLE 196INDUSTRIAL SUGAR MARKET: DEALS, 2021–2022198
12.7.2OTHERS199
TABLE 197INDUSTRIAL SUGAR MARKET: OTHERS, 2021199
13COMPANY PROFILES200
(Business overview, Products offered, Recent Developments, MNM view)*
13.1KEY PLAYERS200
13.1.1SÜDZUCKER AG200
TABLE 198SÜDZUCKER AG: BUSINESS OVERVIEW200
FIGURE 58SÜDZUCKER AG: COMPANY SNAPSHOT201
TABLE 199SÜDZUCKER AG: PRODUCTS OFFERED201
13.1.2CARGILL, INC.203
TABLE 200CARGILL, INC.: BUSINESS OVERVIEW203
FIGURE 59CARGILL, INC.: COMPANY SNAPSHOT203
TABLE 201CARGILL, INC.: PRODUCTS OFFERED204
TABLE 202CARGILL, INC.: OTHERS205
13.1.3ASSOCIATED BRITISH FOODS PLC206
TABLE 203ASSOCIATED BRITISH FOODS PLC: BUSINESS OVERVIEW206
FIGURE 60ASSOCIATED BRITISH FOODS PLC: COMPANY SNAPSHOT207
TABLE 204ASSOCIATED BRITISH FOODS PLC: PRODUCTS OFFERED207
13.1.4RAÍZEN210
TABLE 205RAÍZEN: BUSINESS OVERVIEW210
FIGURE 61RAÍZEN: COMPANY SNAPSHOT210
TABLE 206RAÍZEN: PRODUCTS OFFERED211
TABLE 207RAÍZEN: DEALS211
13.1.5LANTIC INC.213
TABLE 208LANTIC INC.: BUSINESS OVERVIEW213
FIGURE 62LANTIC INC.: COMPANY SNAPSHOT214
TABLE 209LANTIC INC.: PRODUCTS OFFERED214
13.1.6MITR PHOL GROUP216
TABLE 210MITR PHOL GROUP: BUSINESS OVERVIEW216
TABLE 211MITR PHOL GROUP: PRODUCTS OFFERED216
13.1.7AMERICAN CRYSTAL SUGAR COMPANY217
TABLE 212AMERICAN CRYSTAL SUGAR COMPANY: BUSINESS OVERVIEW217
TABLE 213AMERICAN CRYSTAL SUGAR COMPANY: PRODUCTS OFFERED217
13.1.8LOUIS DREYFUS COMPANY220
TABLE 214LOUIS DREYFUS COMPANY: BUSINESS OVERVIEW220
FIGURE 63LOUIS DREYFUS COMPANY: COMPANY SNAPSHOT220
TABLE 215LOUIS DREYFUS COMPANY: PRODUCTS OFFERED221
13.1.9TEREOS222
TABLE 216TEREOS: BUSINESS OVERVIEW222
FIGURE 64TEREOS: COMPANY SNAPSHOT222
TABLE 217TEREOS: PRODUCTS OFFERED223
13.1.10MICHIGAN SUGAR COMPANY224
TABLE 218MICHIGAN SUGAR COMPANY: BUSINESS OVERVIEW224
TABLE 219MICHIGAN SUGAR COMPANY: PRODUCTS OFFERED224
13.1.11DWARIKESH SUGAR INDUSTRIES LIMITED225
TABLE 220DWARIKESH SUGAR INDUSTRIES LIMITED: BUSINESS OVERVIEW225
FIGURE 65DWARIKESH SUGAR INDUSTRIES LIMITED: COMPANY SNAPSHOT225
TABLE 221DWARIKESH SUGAR INDUSTRIES LIMITED: PRODUCTS OFFERED226
13.1.12CANAL SUGAR227
TABLE 222CANAL SUGAR: BUSINESS OVERVIEW227
TABLE 223CANAL SUGAR: PRODUCTS OFFERED227
13.1.13AL KHALEEJ SUGAR228
TABLE 224AL KHALEEJ SUGAR: BUSINESS OVERVIEW228
TABLE 225AL KHALEEJ SUGAR: PRODUCTS OFFERED228
13.1.14RAJSHREE SUGARS & CHEMICALS LIMITED (RSCL)230
TABLE 226RAJSHREE SUGARS & CHEMICALS LIMITED (RSCL): BUSINESS OVERVIEW230
TABLE 227RAJSHREE SUGARS & CHEMICALS LIMITED (RSCL): PRODUCTS OFFERED230
13.1.15RANA GROUP231
TABLE 228RANA GROUP: BUSINESS OVERVIEW231
TABLE 229RANA GROUP: PRODUCTS OFFERED231
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
13.2OTHER PLAYERS233
13.2.1SHREE RENUKA SUGARS233
13.2.2UPPER GANGES SUGAR & INDUSTRIES LIMITED233
13.2.3BAJAJ HINDUSTHAN SUGAR LTD.234
13.2.4NILE SUGAR234
13.2.5BANNARI AMMAN GROUP235
13.2.6DHAMPUR BIO ORGANICS LIMITED235
13.2.7DHANRAJ SUGARS PVT. LTD.236
13.2.8THAI SUGAR GROUP236
13.2.9MEHTA GROUP237
13.2.10DALMIA BHARAT GROUP237
14ADJACENT & RELATED MARKETS238
14.1INTRODUCTION238
14.2LIMITATIONS238
14.3SUGAR SUBSTITUTES MARKET238
14.3.1MARKET DEFINITION238
14.3.2MARKET OVERVIEW239
14.3.3SUGAR SUBSTITUTES MARKET, BY APPLICATION239
TABLE 230SUGAR SUBSTITUTES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)239
TABLE 231SUGAR SUBSTITUTES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)2