What is Refined Sugar?
Refined sugar comes from sugar cane or sugar beets, which are processed to extract the sugar. It is typically found as sucrose, which is the combination of glucose and fructose. It offers a wide range of sweetening solutions to the manufacturers, as it is the vital commodity that is traded in the global markets. refined sugar is sweet, soluble carbohydrate, which is used in adding to several items. There are various types of industrial sugar derived from various sources. Cane and beet are the major sources of industrial sugar. Based on the type, the market has been segmented into white, brown, and liquid sugar. The rising sugar crop production across the globe is one of the key factors driving the growth of the market.
The market study is broken down by Type (White sugar, Brown sugar and Liquid sugar), by Application (Bakery, Beverages, Confectionery, Ice Cream and Dairy and Others) and major geographies with country level break-up.
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cargill (United States), Archer Daniels Midland Company (United States), Raizen SA (Brazil), Sudzucker, AG (Germany), Tereos SA (France), Nordzucker Group AG (Germany), Tongaat Hulett Limited (South Africa), Illovo Sugar (Pty) Ltd (South Africa), Dangote Sugar (Nigeria) and E.I.D Parry Limited (India) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Refined Sugar market by Type, Application and Region.
On the basis of geography, the market of Refined 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). If we see Market by Form, the sub-segment i.e. Granulated will boost the Refined Sugar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Refined Sugar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Sugar Cane Source will boost the Refined Sugar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 19 March 2019, Nordzucker, a leading industrial sugar company has announced an investment of 100 million euros in Swedish sugar production. The company will concentrate its sugar production in Sweden at the factory in Örtofta.
Market Trend
- The Surge in the Use of Refined Sugar for Bakery & Confectionary Applications
Market Drivers
- Growing Importance of International Trade in Refined Sugar
- Expanding Sugar Crop Production
- The Rising Population As Well As Consumption of Sweetened Food Items
- Rising Average International Prices
- Value Addition of By-Products
- Increasing Industrial Beet Sugar Market
Opportunities
- Productivity Improvement Opportunity
- Increasing Cooperative Structure
- Preferential Trade Agreements
- The Emerging Demand from Developing Nations
Restraints
- Water Consuming Monoculture Production
- Growth in Demand for Alternate Sweeteners as Sugar Substitutes
Challenges
- Pricing Pressure of Refined Sugar
- Increasing Costs of Sugar Production
Key Target Audience
Refined Sugar Manufacturers, Farmers and raw material suppliers, Manufacturers, millers, and factory corporate owners, Refinery owners, Commodity importers and exporters, Commodity traders and distributors, Government and research organizations and Associations and industry bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.