Press Releases
Global Sugar Market By Region, Growth, Opportunities and Forecast 2018-2023

Global Sugar Market Fueled by Expanding Non-Food Applications

United States, 23 January 2018 -- The global sugar market is currently witnessing a positive growth. This can be highly accredited to the factors such as thriving food & beverage industry, expanding non-food applications as well as a strong demand from emerging regions.

Sugar, also known as sucrose, refers to a type of disaccharide made from the combination of the monosaccharides glucose and fructose. Sugar is a fine, colourless, odourless crystalline powder with a pleasing and sweet taste. In addition to this, it is not only present naturally within fruits but can also be produced commercially. Further, sugar is highly regarded across various industries for its distinct properties which include. A new research report title “Sugar Market: Global Industry Trends, share, Size, Growth, Opportunity and Forecast 2018-2023” by IMARC Group estimates that the market was worth 167 Million Tons in 2017. The report further anticipates the market to reach approximately 194 Million Tons by 2023, at a projected CAGR of around 3% over the forecast period.

To view the report summary and Table of Contents, click on:

Market Drivers/Constraints:

Sugar helps to enhance texture, controls moisture and acts as a preservative due to which it is extensively used in the food and beverage industry. This represents one of the primary factors which is stimulating the growth of the global sugar market.

Expanding non-food applications across various sectors such as pharmaceuticals, cosmetics, bioplastic, etc. is another factor which is contributing to the market growth. In pharmaceuticals, sugar is used in tablets and cough syrups whereas in cosmetics, it is utilised as an organic exfoliant.

Some of the other forces that have been proactive in maintaining the demand for sugar include surging population, elevating incomes, urbanisation, improving standards of living, flourishing end-use industries and a strong demand from emerging economies.

However, the confluence of health-conscious consumer base and the availability of substitutes, such as stevia and aspartame, acts as major hindrance for the market growth.

Request a free sample copy of the report:

Regional Insights:

On a geographical front, Brazil dominates the global sugar market, accounting for around a fifth of the total global production. In Brazil, sugar represents a crucial part of the economy and it contributes significantly to the national GDP. Brazil is followed by India, the European Union, China and Thailand.

Competitive Landscape:

The market is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of prices and quality. There is an intense competition in the market which makes it difficult for small players to survive. Some of the leading players operating in the market are:

Sudzucker AG
Mitr Phol Sugar Corporation Ltd.
Associated British Foods
Nordzucker AG
Biosev (Louis – Dreyfus)
Wilmar International Limited
Thai Roong Ruang Group

Browse related reports:

UHT Milk Market Research Report @

Tea Market Research Report @

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

# # #

Media Contacts:
Contact Us

USA: +1-631-791-1145
Follow us on twitter: @imarcglobal


Note To Editors:


Image Attached Image Attached Download file at: NY
(Right click and save file to download.)

Document Attached Image Attached Download file at: 11215
(Right click and save file to download.)

Submitted by Imarc Group, IMARC Group on Tuesday, 23 January 2018 at 12:47 PM
Category: Economy
Related News

Global Polypropylene Copolymer Market By Application, Region, Growth, Opportunities and Forecast 201
Monday, 19 Feb 2018

Global Flavoured Milk Market By Region, Growth, Opportunities and Forecast 2018-2023
Friday, 16 Feb 2018

24bitdeposit Online Investment Platform Announces Every Hour Fast Pay
Thursday, 15 Feb 2018

Global Tomato Processing Market By Product Types, Region, Growth, Opportunities and Forecast 2018-20
Thursday, 15 Feb 2018

Global Stevia Market By Application, Region, Growth, Opportunities and Forecast 2018-2023
Wednesday, 14 Feb 2018

Related Events

Home Business Workshop
Tuesday, 27 Feb 2018

Non-Traditional Life Insurance Products with Guarantees
Wednesday, 7 Mar 2018

Mergers and Acquisitions in India, Mumbai March 2018
Friday, 9 Mar 2018

Trade Surveillance for Energy Trading Firms
Thursday, 15 Mar 2018

Bitcoin Business Presentation and Training
Saturday, 24 Mar 2018

Latest News

African Print Fabric - Lovely and Distinct Styles
Saturday, 24 Feb 2018

Gino Venoroso Promoted To the Position of Area Manager of Business Development for Sunrise Senior Li
Saturday, 24 Feb 2018

Josh Patton, Josh, and Theresa Wegner Has Posted a Project for Animo Card Game at Kickstarter
Friday, 23 Feb 2018

S.O.S Loans Allowing PayPal Payments for Its Personal Loans
Friday, 23 Feb 2018

Meta Xylylene Diamine Market Business is Booming. Asia-Pacific is expected to Experience the Fastest
Friday, 23 Feb 2018

Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Saturday, 24 February 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Consumer Technology
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
News & Media
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!

Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.

  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.

  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • What should be paid attention to in the ultrafine grinding process?
  • The 5th International Congress on Cardiac Problems in Pregnancy (CPP 2018)
  • Winter Wilderness First Aid Certification - Colorado
  • Collaborative 3D Printing in Medical Practice
  • Taking Care Over the Long Haul: Improving Diabetes Management, Atlanta 2018

  • Latest Jobs
    Sorry, there are currently no entries posted here.