Market Overview:
The global sugar powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, growing awareness about the benefits of organic sugar, and increasing penetration of ready-to-eat food products. The global sugar powder market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into organic and conventional sugar powder. Organic sugar powder is expected to grow at a higher CAGR than conventional sugar powder during the forecast period owing to its health benefits such as low glycemic index and high nutritional value. On the basis of application, confectionery products are expected to account for a major share in terms of revenue in 2018 followed by bakery products, dairy products, beverages, and others segments respectively. North America accounted for majority share in terms of revenue in 2017 followed by Europe Asia Pacific , Latin America ,and Middle East & Africa .
Product Definition:
A type of sugar that is made by grinding sugar cane into a fine powder. It is used in baking, as a sweetener, and in some drinks.
Organic:
Organic sugar is a raw material which is extracted from sugarcane or sugar beets. It has been widely used in the food & beverage industry owing to its low cost and high purity. The organic products are non-genetically modified, non- antibiotic, and GMO free. They have zero chemical fertilizers, pesticides or herbicides residues as they are grown organically on farms without the use of synthetic chemicals such as fertilizers or insecticides for cultivation.
Conventional:
Conventional refers to the method of producing sugar by using raw materials such as sugarcane, beet or other vegetables. In conventional production process, there is no use of any technological innovation and it's done manually. The manual process is time consuming and needs a lot of labor for its implementation which increases the cost involved in its production.
Application Insights:
The beverages segment accounted for the largest revenue share of over 30% in 2017. Beverages such as juices, soft drinks, and alcoholic drinks are manufactured using various ingredients such as fruits, grains and sugars. The growing consumption of these products is expected to have a positive impact on the market over the forecast period.
The bakery products segment is anticipated to witness significant growth during the forecast period owing to rising demand for bread across various regions including Asia Pacific and North America. Furthermore, increasing use of organic sugar in producing bakery products including cookies & cakes will boost industry growth over the coming years.
Regional Analysis:
North America was the largest regional market in 2017 owing to high consumption of sugar powder in bakery and confectionery products. The region is expected to maintain its dominance over the forecast period due to increasing demand for organic and conventional sugar powders from various end-use industries. Asia Pacific is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 on account of rising product demand from emerging countries, such as China, India, Thailand, Vietnam, and Indonesia among others. Furthermore, availability of raw materials including refined sugar at low prices will also drive growth over the next eight years.
The European market consists majorly organic foods that use natural ingredients for flavoring purposes such as coffee creamers and flavored milk pastries among others which are anticipated fuel industry growth during the forecast period – 2018 till 2030 timeframe).
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increased demand for convenient foods that are easy to prepare and consume. Sugar powder is a convenient ingredient that can be used in a variety of recipes, making it an attractive option for consumers.
- Rising awareness about the health benefits of sugar alternatives: There is a growing awareness among consumers about the health benefits of sugar alternatives, such as sugar powder. This has led to an increase in demand for products that contain these ingredients.
- Growing popularity of healthy eating trends: A number of healthy eating trends have gained popularity in recent years, such as clean eating and paleo dieting. Sugar powder is often considered a healthier alternative to regular sugar, which has contributed to its rising popularity among consumers.
- Innovative product formulations: The food industry is constantly innovating with new product formulations, and this includes sugar powders with added health benefits or unique flavors/aromas that appeal to consumers’ taste buds.. This helps keep the market competitive and encourages consumer purchases.. 5) Increased marketing efforts by manufacturers: To further stimulate growth in the market, manufacturers are increasing their marketing efforts through various channels such as social media platforms, online ads, etc., In turn this helps create greater brand awareness among potential buyers
Scope Of The Report
Report Attributes
Report Details
Report Title
Sugar Powder Market Research Report
By Type
Organic, Conventional
By Application
Confectionery Products, Bakery Products, Dairy Products, Beverages, Others
By Companies
Südzucker United Kingdom Ltd, Tate & Lyle Sugars, Cargill Inc., Imperial Sugar, Nordic Sugar, American Crystal Sugar Company, Domino Foods Inc., Taikoo Sugar Ltd., Wholesome Sweeteners Inc., Nanning Sugar Industry Co. Ltd., COFCO International
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Sugar Powder Market Report Segments:
The global Sugar Powder market is segmented on the basis of:
Types
Organic, Conventional
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
Confectionery Products, Bakery Products, Dairy Products, Beverages, Others
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:
- Südzucker United Kingdom Ltd
- Tate & Lyle Sugars
- Cargill Inc.
- Imperial Sugar
- Nordic Sugar
- American Crystal Sugar Company
- Domino Foods Inc.
- Taikoo Sugar Ltd.
- Wholesome Sweeteners Inc.
- Nanning Sugar Industry Co. Ltd.
- COFCO International
Highlights of The Sugar Powder 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:
- Organic
- Conventional
- By Application:
- Confectionery Products
- Bakery Products
- Dairy Products
- Beverages
- Others
- 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 Sugar Powder 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Sugar powder is a fine, white powder that is made from sugar. It can be used in baking or as an additive to food.
Some of the key players operating in the sugar powder market are SƒÂ¼dzucker United Kingdom Ltd, Tate & Lyle Sugars, Cargill Inc., Imperial Sugar, Nordic Sugar, American Crystal Sugar Company, Domino Foods Inc., Taikoo Sugar Ltd., Wholesome Sweeteners Inc., Nanning Sugar Industry Co. Ltd., COFCO International.
The sugar powder market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sugar Powder Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sugar Powder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sugar Powder Market - Supply Chain
4.5. Global Sugar Powder Market Forecast
4.5.1. Sugar Powder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sugar Powder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sugar Powder Market Absolute $ Opportunity
5. Global Sugar Powder Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sugar Powder Market Size and Volume Forecast by Type
5.3.1. Organic
5.3.2. Conventional
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sugar Powder Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sugar Powder Market Size and Volume Forecast by Application
6.3.1. Confectionery Products
6.3.2. Bakery Products
6.3.3. Dairy Products
6.3.4. Beverages
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sugar Powder Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sugar Powder Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sugar Powder Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sugar Powder Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sugar Powder Demand Share Forecast, 2019-2026
9. North America Sugar Powder Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sugar Powder Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sugar Powder Market Size and Volume Forecast by Application
9.4.1. Confectionery Products
9.4.2. Bakery Products
9.4.3. Dairy Products
9.4.4. Beverages
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sugar Powder Market Size and Volume Forecast by Type
9.7.1. Organic
9.7.2. Conventional
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sugar Powder Demand Share Forecast, 2019-2026
10. Latin America Sugar Powder Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sugar Powder Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sugar Powder Market Size and Volume Forecast by Application
10.4.1. Confectionery Products
10.4.2. Bakery Products
10.4.3. Dairy Products
10.4.4. Beverages
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sugar Powder Market Size and Volume Forecast by Type
10.7.1. Organic
10.7.2. Conventional
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sugar Powder Demand Share Forecast, 2019-2026
11. Europe Sugar Powder Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sugar Powder Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sugar Powder Market Size and Volume Forecast by Application
11.4.1. Confectionery Products
11.4.2. Bakery Products
11.4.3. Dairy Products
11.4.4. Beverages
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sugar Powder Market Size and Volume Forecast by Type
11.7.1. Organic
11.7.2. Conventional
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1 By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sugar Powder Demand Share, 2019-2026
12. Asia Pacific Sugar Powder Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sugar Powder Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sugar Powder Market Size and Volume Forecast by Application
12.4.1. Confectionery Products
12.4.2. Bakery Products
12.4.3. Dairy Products
12.4.4. Beverages
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sugar Powder Market Size and Volume Forecast by Type
12.7.1. Organic
12.7.2. Conventional
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sugar Powder Demand Share, 2019-2026
13. Middle East & Africa Sugar Powder Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sugar Powder Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sugar Powder Market Size and Volume Forecast by Application
13.4.1. Confectionery Products
13.4.2. Bakery Products
13.4.3. Dairy Products
13.4.4. Beverages
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sugar Powder Market Size and Volume Forecast by Type
13.7.1. Organic
13.7.2. Conventional
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sugar Powder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sugar Powder Market: Market Share Analysis
14.2. Sugar Powder Distributors and Customers
14.3. Sugar Powder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Südzucker United Kingdom Ltd
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tate & Lyle Sugars
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cargill Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Imperial Sugar
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nordic Sugar
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. American Crystal Sugar Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Domino Foods Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Taikoo Sugar Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wholesome Sweeteners Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nanning Sugar Industry Co. Ltd.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COFCO International
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook