Organic Industrial Sugar Market is predicted to reach USD 11,809 Million at a CAGR of 8.3% during the forecast period 2022 to 2030

Market Research Future (MRFR) has published a report on the “global Organic Industrial Sugar Market” that contains the information from 2022 to 2030

Organic Industrial Sugar Market Highlights

According to the MRFR analysis, The global organic industrial sugar market was valued at USD 6238.8 million in 2021 and is projected to reach USD 11,809 million by 2030 at a CAGR of 8.3%.

Organic industrial sugar are edible sugar that is available in various types and utilized for its immense benefits. Consumer preferences for organic foods are influenced by factors such as food safety, human health, environmental concerns, and sensory qualities, including nutritional content, taste, freshness, and appearance. Demographic factors may define organic customers. However, the association could be stronger. Additionally, consumers connect organic food production with natural methods, concern for the welfare of animals and the environment, and a lack of pesticides and fertilizers. Organic food consumption continues to be stifled by premium prices

One of the key drivers for the worldwide organic industrial sugar market is the growing consumer preference for processed food and beverages. Globally, the food and beverage business is booming. The growing emphasis on innovation, the creation of unique goods, and the evolution of consumer demand have significantly fueled the expansion of different categories in the food and beverage sector. Sugar's wide range of uses has made it a crucial ingredient in food processing. Customers' rising demand for processed foods and drinks is the main factor fueling the market's expansion. Moreover, sugar is a major component of both alcoholic and non-alcoholic beverages. The demand for various beverages, including dairy, soft drinks, and functional beverages, has greatly expanded due to the new trend of drinking liquids as a form of snacking.

Market Overview

Organic sugar is made from certified organic raw materials. The organic label ensures that the raw materials are grown and processed without the use of synthetic chemicals, pesticides, or fertilizers. Organic sugar is also processed differently from conventional sugar as chemicals and man-made compounds cannot be used. Consumer preferences for organic foods are influenced by factors such as food safety, human health, environmental concerns, and sensory qualities, including nutritional content, taste, freshness, and appearance. Demographic factors may define organic customers. However, the association could be stronger. Additionally, consumers connect organic food production with natural methods, concern for the welfare of animals and the environment, and a lack of pesticides and fertilizers. Organic food consumption continues to be stifled by premium prices. Knowing the factors driving people to consume more organic food, such as motivation, is essential to realize how the market for organic food might grow. Additionally, Sugar's wide range of uses has made it a crucial ingredient in food processing. Customers' rising demand for processed foods and drinks is the main factor fueling the market's expansion. Moreover, sugar is a major component of both alcoholic and non-alcoholic beverages. The demand for various beverages, including dairy, soft drinks, and functional beverages, has greatly expanded due to the new trend of drinking liquids as a form of snacking. Due to rising population levels and rising disposable income among customers in developing economies, the demand for baked goods has expanded tremendously in recent years

Covid-19 Impact On Organic Industrial Sugar Market

The advent of the global pandemic, COVID-19, has resulted in creating a global crisis across the world. Impacting over 195 countries, the pandemic has already created an economic backdrop worldwide. With over 43 million COVID-19 cases worldwide along with 1,151,323 fatalities till the fourth week of October 2020, the global pandemic, COVID-19, is deemed to create a chaotic environment, thereby resulting in the advent of global rescission. With the rising number of cases rapidly, the global organic industrial sugar market is getting affected in many ways. Few impacts of the outbreak of COVID-19 on the global organic industrial sugar market have been discussed below: 

The pandemic has disrupted the global supply chain and interrupted the entire value chain, from raw material procurement to manufacturing, packaging, and distribution. The outbreak has negatively impacted the entire supply chain in the sugar industry. Lockdown restrictions have increased transportation trouble, resulting in the untimely delivery of raw materials required to produce organic industrial sugar. However, the declining cases of the of covid-19 have given some relief to the major producers. The declining phase of cases has further benefited the proper supply of raw materials. The Supply chain prominently consists of ingredient suppliers, manufacturers, and specialty stores. Hereafter, the slowing down cases of the pandemic has made the major players in the market take some major actions. The players are now focusing on restructuring the supply chain with standardized SOPs.

Competitive Landscape

The global organic industrial sugar market is fragmented and consists of many organized and unorganized industry players. Bunge Limited, Cosan Limited, Südzucker AG, Jalles Machado S/A, La Felsina, LOC Industries, Nordzucker AG, Pronatec AG, Tereos, and Wangkanai Sugar Co. Ltd. are the major companies in the market which compete in terms of availability, quality, price, and technology. They primarily focus on the development of industrial sugar products. Although international players dominate the market, regional and foreign players with small market shares also have a presence. The international players may strengthen their presence worldwide through acquisitions during the forecast period. It has also been forecast that improvement of the global economic scenario, combined with efforts to enhance infrastructure in emerging nations, is fueling the market growth, thereby making it an ideal time to launch new products of industrial sugar and increase the global market share.

Segmentation

By Product Type

• Cane Sugar: Cane sugar can benefit body protein, hydration, and blood insulin levels. It is usually preferred over other sugars for sweetening baked goods and hot beverages because of its accessibility, sweetness, and mildly fruity flavor. The cane sugar market will be driven by rising consumer demand for cane sugar as a sweetener in food and beverage items during the projected period..


• Beet Sugar: Beets are high-sucrose plants that are grown to produce sugar commercially. Beet plants with conical, white, meaty roots flourish in temperate regions. The byproduct of sugar beets is the beet pulp, delivered as dry flakes or granules. It has a significant amount of sugar, carbs, and several vitamins and minerals, including manganese, potassium, and vitamin C. Beet pulp is frequently employed in the pharmaceutical and functional food industries and animal feed uses.

By Product Type

• White Sugar: White sugar, or table sugar, is produced using refined cane sugar or beet sugar. White sugar is often used in places like North America and Europe, which are significant markets for confectionery. Due to the increased consumption of confectionary and bakery goods worldwide, the white sugar market is expanding significantly. Due to their ease of consumption and high-calorie content, customers frequently eat chocolates and other confectionery items as snacks.


• Brown Sugar: Brown sugar is often made using white sugar crystals that have been sufficiently refined to enable precise control of the sugar crystal to molasses ratio and lower manufacturing costs. Although it is simple to separate the molasses from the crystals in the white sugar made in this way from brown sugar, it is typically rougher than its untreated form.

By Form

• Powdered: It is mostly used to make frosting and icing for desserts, baked goods, and sweets with fruit flavors. Moreover, greater consumption of these items results from innovation in confectionery and chocolate packaging. The primary driver of market expansion is the rising consumption of bakery and confectionery goods.


• Syrup: Sugar and water are combined to form sugar syrup. Moreover, fruit and plant extracts are utilized to produce sugar syrups. The bakery and other food sectors frequently utilize this product. This liquid has a steady consistency. Sugar syrup is frequently used in beverages to maintain consistency.


• Granulated: T Granulated sugar is a white table sugar frequently used in cooking and baking. The crystals had been crystallized, centrifuged, and put through a granulator, where they were dried, sorted, and screened. All of the molasses that was there naturally has been removed by refinement. Normally, sugarcane and beet are used to make them. 

By Application

• Food & Beverages: Foods are seen as the processed versions of both plants and animals that have the vital nutrients—such as protein, carbs, and fat—that people need to survive. Drinks with hydrating, energising, invigorating, and nourishing qualities are considered beverages. Additionally, The frozen bakery and desserts market has released many novel goods. Customers are becoming more conscious of their overall wellness and health. As a result, new flavors and low-fat, gluten-free items have begun to appear. Market expansion is anticipated to be fueled by rising consumer demand for sweets with low sugar and calorie content. Product, flavor, and packaging innovation has become key growth driver


• Pharmaceuticals: With the introduction of new technology as well as more economical and effective manufacturing techniques, the pharmaceutical industry has experienced a significant transition. Moreover, the market growth has been positively driven by rising investment flow in this sector.

By Region

• North America: The North American market has been divided into the US, Canada, and Mexico. The expanding product portfolios of key manufacturers are a significant factor for the growth of the market in the region. Consumers in th e US, particularly millennials, have a greater taste for flavored beers due to the rising popularity of craft beer in the area. With a 22% share of the total population in the United States being made up of millennials, breweries constantly introduce new tastes specifically marketed to this group to tap into this lucrative market and acquire a competitive edge


• Europe: The rise of biologics and biosimilars, rising R&D spending, and rising healthcare costs can all be blamed for the growth. Also, a favorable regulatory environment and reimbursement policies increase the uptake of pharmaceuticals in this region, promoting market expansion. COVID-19 has had a mixed effect on the sector. The decline in diagnostic disease rates, including cancer, has hurt the rate of medicine prescription and uptake. For instance, a drop in primary care drug prescriptions in 2020 was responsible for a decline in the use of biologics and new medicines. The lack of pharmaceuticals due to supply chain interruptions exacerbates the fall in drug sales.


• Asia-Pacific: Asia-Pacific is expected to be the largest organic industrial sugar market, in terms of value and volume, during the forecast period. Asia-Pacific can be attributed to rapid urbanization and the growing middle-income population driving the demand for healthy food & beverages. Moreover, The market for cane sugar will undoubtedly expand most quickly in Asia-Pacific. Because of the amount of sugarcane collected and converted into sugar in these nations, India, Thailand, and China hold the largest proportion of the regional market. The Food and Agriculture Organization states that China imports most of its sugar because domestic production cannot keep up with domestic demand.This is growing organic industrial sugar.


• Rest of the World: In rest of World South America, Middle east and Africa is their. The expansion of this market is being fueled by increased research and development efforts to introduce novel functional food and beverage items. Products are being developed by businesses to meet expanding customer demands. Nutrition bars, functional drinks, and functional confectioneries for kids like candies and toffees are all being developed by manufacturers to appeal to consumers searching for quick nourishment as well as exercise fanatics. As consumers become more conscious of their digestive health, probiotic product offers are evolving. Functional foods are in high demand worldwide as a result of people's growing health consciousness