What is Table Sugar Market?
Table sugar is also called as granulated sugar. It refers to sucrose, a disaccharide of glucose as well as fructose. Sucrose is formed naturally in plants, from which table sugar is refined. Table sugar is made by sugarcane and beet. There are various applications of the table sugar including bakery, beverages, confectionery, ice cream and dairy and others. Table sugar is most commonly used in baking.
The market study is being classified by Type (Light Sugar and Dark Sugar), by Application (Bakery, Beverages, Confectionery, Ice Cream and Dairy and Others) and major geographies with country level break-up.
Sudzucker Group (Germany), Tate & Lyle (United Kingdom), Imperial Sugar (United States), Nordic Sugar A/S (Denmark), C&H Sugar (United States), American Crystal Sugar (United States), Cargill (United States), American Sugar Refining (United States), Taikoo (Hong Kong) and Wholesome Sweeteners (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Lotus Health Group (China), British Sugar (United Kingdom), Tereos (France), Rogers Sugar Inc. (Canada) and Michigan Sugar (United States).
The global table sugar market is highly fragmented by the presence of numerous small and large vendors. The key players are increasingly competing against each other to increase their market reach and to meet the growing needs of consumers. The factors on which the manufacturers are competing involve pricing strategy, service, and quality of sugar. They are also trying to gain a firm foothold in the market by offering attractive customer based offers. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Table Sugar market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Table Sugar market by Type, Application and Region.
On the basis of geography, the market of Table 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
- Expanding Sugar Crop Production
- High Consumer Preference
Market Trend
- Huge Demand for Beet Sugar
- Increasing Demand of Fructose Corn Syrup
Restraints
- Changing Consumer Dietary Habits
- Availability of Alternative Sweeteners
Opportunities
- Productivity Improvement Opportunity
Challenges
- Rising Cost of Sugar Production
Market Leaders and some development strategies
On 31st July 2018, Südzucker, Europe's leading Sugar Company, and DouxMatok, developer of targeted flavor delivery technology, are partnered to commercialize DouxMatok's breakthrough sugar reduction solution across Europe to support the food industry's efforts to decrease sugar content.
Key Target Audience
Farmers and Raw Material Suppliers, Manufacturers, Millers, and Factory Corporate Owners, Commodity Importers and Exporters, Commodity Traders and Distributors, Government Regulatory Bodies, Government and Private Research Organizations and Others