Dublin, July 05, 2019 (GLOBE NEWSWIRE) -- The "Sugar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global sugar market reached a volume of 187.9 Million Tons in 2018. The market is further projected to reach 199.6 Million Tons by 2024, expanding at a CAGR of nearly 1% during 2019-2024.
This report provides a deep insight into the global sugar market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc.
The report also provides a comprehensive analysis for setting up a sugar manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc.
As compared to its substitutes, sugar is more economical and easily available It is consumed across all socioeconomic age groups and is easily obtainable across the globe in a variety of retails formats viz. convenience stores, departmental stores, supermarkets/hypermarkets, etc.
The global food and beverage industry is relatively immune to any downturns caused by economic fluctuations. As a result, the sector has witnessed a constant growth over the past few years. Currently, the food and beverage sector is a major driver of sugar consumption and is expected to create a positive impact on the sugar industry. Moreover, the market growth is anticipated to continue in the long term.
Sugar finds numerous applications in the pharmaceutical and skincare industry. In the pharmaceutical sector, it is included in the preparation of antibiotics and cough syrups, on the other hand, in the skincare sector, sugar is used in the manufacturing of scrubs owing to its exfoliating properties.
Although the sugar market remains saturated in developed economies, such as North America and Western Europe, it is showing a promising growth in the emerging regions. Driven by rising disposable incomes, urbanisation and changing food habits, the demand for sugar-based products in developing markets, such as India, China and Middle East, is showing a strong growth.
Majority of the global sugar production comes from sugarcane, whereas, remaining from sugar beet. Raw materials for sugar are available across the globe with nearly all tropical and subtropical regions accounting for their cultivation.
Breakup by Product Type
On the basis of type, the market has been segmented as white sugar, brown sugar and liquid sugar. At present, white sugar accounts for the majority of the market share.
Breakup by Form
Based on form, the market is divided into granulated sugar, powdered sugar and syrup sugar. Amongst these, granulate sugar represents the biggest segment followed by powdered and syrup sugar.
Breakup by End-Use Sector
On the basis of end-use sector, the market finds varied end-use in food and beverages, pharma and personal Care and household. Currently, food and beverages holds the largest market share.
Breakup by Source
Based on source, sugarcane accounts for the majority of the market share, which is followed by sugarbeet.
On a geographical front, Brazil enjoys a leading position in the global sugar market. The sugar industry represents a vital part of the Brazilian economy and accounts for a valuable share in the national GDP. Besides this, Central-South region of Brazil produces a major part of sugar due to favourable climatic conditions. Brazil is followed by India, United States, European Union, China and Thailand and others.
The market is highly fragmented in nature with the presence of several regional as well as large manufacturers who are competing in terms of prices and quality. There prevails a rigid competition in the market which makes it difficult for small players to enter. Some of the leading players operating in the market are:
Key Topics Covered
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Sugar Market
5.1 Market Overview
5.2 Market Performance
5.3 Price Analysis
5.4 Market Breakup by Type
5.5 Market Breakup by Form
5.6 Market Breakup by End-Use Sector
5.7 Market Breakup by Source
5.8 Market Breakup by Region
5.9 Market Forecast
5.10 Imports and Exports
5.11 SWOT Analysis
5.12 Value Chain Analysis
5.13 Porter's Five Forces Analysis
5.14 Key Market Drivers and Success Factors
6 Market Breakup by Type
6.1 White Sugar
6.2 Brown Sugar
6.3 Liquid Sugar
7 Market Breakup by Form
7.1 Granulated Sugar
7.2 Powdered Sugar
7.3 Syrup Sugar
8 Market Breakup by End-Use Sector
8.1 Food and Beverages
8.2 Pharma and Personal Care
9 Market Breakup by Source
9.2 Sugar Beet
10 Market Breakup by Region
10.3 United States
10.4 European Union
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
12 Sugar Manufacturing
12.1 Product Overview
12.2 Detailed Process Flow
12.3 Various Types of Unit Operations Involved
12.4 Mass Balance and Raw Material Requirements
13 Project Details, Requirements and Costs Involved
13.1 Land Requirements and Expenditures
13.2 Construction Requirements and Expenditures
13.3 Plant Machinery
13.4 Raw Material Requirements and Expenditures
13.5 Packaging Requirements and Expenditures
13.6 Transportation Requirements and Expenditures
13.7 Utility Requirements and Expenditures
13.8 Manpower Requirements and Expenditures
13.9 Other Capital Investments
14 Loans and Financial Assistance
15 Project Economics
15.1 Capital Cost of the Project
15.2 Techno-Economic Parameters
15.3 Product Pricing and Margins Across Various Levels of the Supply Chain
15.4 Taxation and Depreciation
15.5 Income Projections
15.6 Expenditure Projections
15.7 Financial Analysis
15.8 Profit Analysis
16 Key Player Profiles
16.1 Suedzucker AG
16.4 Mitr Phol Sugar Corporation Ltd.
16.5 Associated British Foods
16.6 Nordzucker AG
16.7 Biosev (Louis-Dreyfus)
16.8 Wilmar International Limited
16.9 Thai Roong Ruang Group
For more information about this report visit https://www.researchandmarkets.com/r/a8n02t
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