What is Brown Sugar Market?
Brown sugar is made of crystalline sucrose combined with a small amount of molasses that have a distinctive brown color due to the presence of molasses. It has characteristic color and rich flavor. It is produced in major sugar-producing areas such as the Caribbean, Brazil, Australia, Europe, South Africa, and parts of the United States. It has numerous applications such as cooking as well, including sweet sauces and glazes for savory dishes.
The market study is being classified by Type (Light Brown Sugar and Dark Brown Sugar), by Application (Bakery, Beverages, Confectionery, Ice Cream and Dairy and Others) and major geographies with country level break-up.
Sudzucker AG (Germany), Tate & Lyle PLC (United Kingdom), Imperial Sugar (United States), Nordic Sugar A/S (Denmark), C&H Sugar (United States), American Crystal Sugar Company (United States), Cargill (United States), Domino Foods, Inc. (United States), Wholesome Sweeteners (United States) and Lotus Health Group (China) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Brown Sugar market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Brown Sugar market by Type, Application and Region.
On the basis of geography, the market of Brown Sugar has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Demand for Bakery Products
- Robust Increase in the Distribution Channels
Market Trend
- Rise in the Disposable Income of the People
Restraints
- Rise in the Bargaining Power of the Buyers/Consumers
Opportunities
- Growing Food Industry Worldwide
- Increasing Online Customers
Challenges
- Threat of the Substitute in the Market
Market Leaders and some development strategies
In April 2019, Food ingredients maker Tate & Lyle is on the hunt for acquisitions as it seeks to expand the part of its business that helps big food companies reformulate their products to reduce sugar, salt and fat.
Key Target Audience
Brown Sugar Manufacturers, Raw Material Suppliers, Distributors, Research Professionals and End-users