About Cane Sugar
Cane sugar is a sugar derived from sugarcane. It is the simplest form of sugar that gets converted into glucose. The glucose is absorbed by the blood to provide energy at the cellular level. The unprocessed cane sugar contains a higher level of antioxidants as compared to other sweeteners like refined sugar and corn syrup.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 5.1% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Cane Sugar market throughout the forecasted period. 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.
Cosan (Brazil), Global Organics, Ltd. (United States), Louis Dreyfus Company B.V. (Netherlands), Wilmar Sugar Australia Limited (Australia), Tate & Lyle plc (United Kingdom), Wilmar International (Singapore), Shree Renuka Sugars (India), Biosev (Brazil), Bunge Limited (United States) and Sao Martinho SA (Brazil) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Bajaj Hindusthan Sugar Limited (India), Nanning Sugar Industry (China) and Balrampur Chini Mills Ltd. (India).
Segmentation Overview
AMA Research has segmented the market of Global Cane Sugar market by Type (Nordic Sugar, White Sugar, Brown Sugar and Rock Sugar), Application (Bakery & Confectionery, Dairy, Beverages and Others) and Region.
On the basis of geography, the market of Cane 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 Category, the sub-segment i.e. Organic will boost the Cane 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. Online Channel will boost the Cane Sugar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Organic Cane Sugar
Market Growth Drivers:
Rise in the Import and Export of Cane Sugar and Increased Applications of the Cane Sugar
Challenges:
Changing Environmental Conditions May Affect the Production of the Sugarcane
Restraints:
Increased Use of Pesticides
Opportunities:
Growing Demand from End-user Industry and Rising Demand for Ethanol for Industrial Purpose
Market Leaders and their expansionary development strategies
In March 2021, Louis Dreyfus Company LLC announced to sell the Imperial Sugar Company, which was acquired by Louis Dreyfus in the year 2012 to US Sugar. LDC acquired Imperial Sugar operates a cane sugar refinery at Port Wentworth in Savannah, Georgia, US. The deal will allow U.S. Sugar to expand its activities across the United States.
In August 2018, Bunge Limited, a leading global agribusiness and food company operating in over 40 countries, has announced that it has completed the sale of its international sugar trading operations to Wilmar Sugar Pte. Ltd.
Key Target Audience
Cane Sugar Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.