Global Sugar Market To Be Driven By The Growing Food Industry In The Forecast Period Of 2020-2025
Sugar is a sweet crystalline material, primarily obtained from sugar cane and sugar beet, consisting of sucrose. It is widely being used as a sweetener for food and beverages.
By: Expert Market Research
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The key highlights of the report include:
Market Overview (2015-2025)
A significant increase in the food and beverage industry is the primary driver of the sugar market. Due to its diversified applications, sugar is an essential ingredient in this market. The rising demand for convenience foods, which usually have a large amount of sugar, due to hectic schedules, inflating disposable incomes, and shifting dietary models of the consumers, has also aided the industry growth. Moreover, rapid urbanisation and globalisation have led numerous global players to invest in emerging economies, thus, furthering the market growth.
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The industry can be divided based on types into:
By form, the industry can be segmented into:
Based on the source, the industry is categorised into:
On the basis of end-use, the industry is segmented into:
Latest Global News on Sugar Market@
Key Market Players
The major players in the market are Sudzucker AG, Tereos, Associated British Foods plc, Wilmar International Ltd, and Nordic Sugar A/S, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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