Market Overview:
The global specialty sugars market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for specialty sugars from various applications such as candy industry, baking industry, retail industry, catering industry and other applications. In terms of type, demerara sugar is expected to hold the largest share in the global specialty sugars market during the forecast period. Golden sugar is projected to be the fastest-growing type segment during the forecast period.
Product Definition:
A speciality sugar is a sugar that has been processed in some way to give it unique properties. This might include crystals that are larger or smaller than regular table sugar, sugars that are less sweet or more sweet than regular table sugar, or sugars that have a different flavor. Specialty sugars can be used in baking, candy making, and other food preparations to achieve specific results. For example, using a specialty brown sugar instead of regular brown sugar will give baked goods a different flavor and texture.
Demerara Sugar:
The Demerara sugar is a type of raw, unrefined table sugar produced in the British West Indian colony of Guyana. It has an intense color and flavor similar to that of turbinado sugar. The Demerara crystals have a large surface area which allows them to dissolve easily in water or alcohol producing a syrupy liquid with an intense caramel flavor.
Golden Sugar (Golden Granulated, Dark Brown, Golden Caster and Coffee Crystals):
The product is also known as Golden Syrup, Golden Granulated, Dark Brown Sugar and Coffee Crystals. It has a characteristic similar to that of regular sugar in terms of taste and flavor but it contains high mineral content including iron, calcium & magnesium along with other trace minerals which makes it more nutritious than regular sugar. The product is produced from either evaporating or hydrolysis (sugar solution treatment at high temperature) process golden syrup.
Application Insights:
The candy industry was the largest application segment and accounted for a revenue share of more than 40.0% in 2017. The product has a high demand from various confectionery products including chocolates, caramels, toffee, fudge and brittles. Rising health concerns among consumers towards processed food items is expected to have a positive impact on market growth over the next few years.
Speciality sugars are used as natural ingredients in several baked products such as cakes, cookies and pastries owing to their sweetening power without imparting any bitter taste or after taste which makes them highly popular among bakery product manufacturers across the globe. Increasing consumption of low-calorie food & beverages along with hectic lifestyle trends is anticipated to boost market growth during the forecast period significantly.
Regional Analysis:
North America is expected to be the fastest growing market for specialty sugars over the forecast period. The growth of this market can be attributed to increasing demand from countries such as U.S., Canada, and Mexico. Moreover, rising consumption of specialty sugar in bakery products and confectionery will drive regional growth further.
Europe was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for specialty sugars in food and beverage industry as a result of changing consumer preferences towards healthier and more nutritious products.
- Rising demand from emerging markets due to increasing disposable income and growing population.
- Growing use of specialty sugars in functional foods and dietary supplements for their health benefits such as weight management, diabetes management, etc.
- Increasing application of specialty sugars in personal care products for their skin care properties
Scope Of The Report
Report Attributes
Report Details
Report Title
Speciality Sugars Market Research Report
By Type
Demerara Sugar, Golden Sugar (Golden Granulated, Dark Brown, Golden Caster and Coffee Crystals)
By Application
Candy Industry, Baking Industry, Retail Industry, Catering Industry, Other
By Companies
Suedzucker AG, Cosan SA Industria & Comercio, AB Sugar, Tereos Internacional SA, Mitr Phol Group, Nordzucker Gmbh & Co KG, Louis Dreyfus, Wilmar International Ltd., Thai Roong Ruang Sugar Group, American Sugar Refining, Ragus Sugars, Lantic, LOC Industries, Dhanraj Sugars, Dhampur Green, Mauritius Sugar Syndicate
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Speciality Sugars Market Report Segments:
The global Speciality Sugars market is segmented on the basis of:
Types
Demerara Sugar, Golden Sugar (Golden Granulated, Dark Brown, Golden Caster and Coffee Crystals)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Candy Industry, Baking Industry, Retail Industry, Catering Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Suedzucker AG
- Cosan SA Industria & Comercio
- AB Sugar
- Tereos Internacional SA
- Mitr Phol Group
- Nordzucker Gmbh & Co KG
- Louis Dreyfus
- Wilmar International Ltd.
- Thai Roong Ruang Sugar Group
- American Sugar Refining
- Ragus Sugars
- Lantic
- LOC Industries
- Dhanraj Sugars
- Dhampur Green
- Mauritius Sugar Syndicate
Highlights of The Speciality Sugars Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Demerara Sugar
- Golden Sugar (Golden Granulated, Dark Brown, Golden Caster and Coffee Crystals)
- By Application:
- Candy Industry
- Baking Industry
- Retail Industry
- Catering Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Speciality Sugars Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Speciality sugars are those that have been specifically developed for use in food and beverage products. They may be used as sweeteners, preservatives, or colorants.
Some of the key players operating in the speciality sugars market are Suedzucker AG, Cosan SA Industria & Comercio, AB Sugar, Tereos Internacional SA, Mitr Phol Group, Nordzucker Gmbh & Co KG, Louis Dreyfus, Wilmar International Ltd., Thai Roong Ruang Sugar Group, American Sugar Refining, Ragus Sugars, Lantic, LOC Industries, Dhanraj Sugars, Dhampur Green, Mauritius Sugar Syndicate.
The speciality sugars market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Speciality Sugars Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Speciality Sugars Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Speciality Sugars Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Speciality Sugars Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Speciality Sugars Market Size & Forecast, 2020-2028 4.5.1 Speciality Sugars Market Size and Y-o-Y Growth 4.5.2 Speciality Sugars Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Demerara Sugar
5.2.2 Golden Sugar (Golden Granulated
5.2.3 Dark Brown
5.2.4 Golden Caster and Coffee Crystals)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Candy Industry
6.2.2 Baking Industry
6.2.3 Retail Industry
6.2.4 Catering Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Speciality Sugars Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Speciality Sugars Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Demerara Sugar
9.6.2 Golden Sugar (Golden Granulated
9.6.3 Dark Brown
9.6.4 Golden Caster and Coffee Crystals)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Candy Industry
9.10.2 Baking Industry
9.10.3 Retail Industry
9.10.4 Catering Industry
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Demerara Sugar
10.6.2 Golden Sugar (Golden Granulated
10.6.3 Dark Brown
10.6.4 Golden Caster and Coffee Crystals)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Candy Industry
10.10.2 Baking Industry
10.10.3 Retail Industry
10.10.4 Catering Industry
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Demerara Sugar
11.6.2 Golden Sugar (Golden Granulated
11.6.3 Dark Brown
11.6.4 Golden Caster and Coffee Crystals)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Candy Industry
11.10.2 Baking Industry
11.10.3 Retail Industry
11.10.4 Catering Industry
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Demerara Sugar
12.6.2 Golden Sugar (Golden Granulated
12.6.3 Dark Brown
12.6.4 Golden Caster and Coffee Crystals)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Candy Industry
12.10.2 Baking Industry
12.10.3 Retail Industry
12.10.4 Catering Industry
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Demerara Sugar
13.6.2 Golden Sugar (Golden Granulated
13.6.3 Dark Brown
13.6.4 Golden Caster and Coffee Crystals)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Candy Industry
13.10.2 Baking Industry
13.10.3 Retail Industry
13.10.4 Catering Industry
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Speciality Sugars Market: Competitive Dashboard
14.2 Global Speciality Sugars Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Suedzucker AG
14.3.2 Cosan SA Industria & Comercio
14.3.3 AB Sugar
14.3.4 Tereos Internacional SA
14.3.5 Mitr Phol Group
14.3.6 Nordzucker Gmbh & Co KG
14.3.7 Louis Dreyfus
14.3.8 Wilmar International Ltd.
14.3.9 Thai Roong Ruang Sugar Group
14.3.10 American Sugar Refining
14.3.11 Ragus Sugars
14.3.12 Lantic
14.3.13 LOC Industries
14.3.14 Dhanraj Sugars
14.3.15 Dhampur Green
14.3.16 Mauritius Sugar Syndicate