세계의 산업용 설탕 시장 규모 : 유형별, 형태별, 원료별, 용도별, 유통 채널별, 지역별, 범위 및 예측

Industrial Sugar Market Size And Forecast

Industrial Sugar Market size was valued at USD 49.91 Billion in 2024 and is projected to reach USD 80.46 Billion by 2031, growing at a CAGR of 6.15% from 2024 to 2031. Industrial sugar is produced and used on a large scale for a variety of industrial purposes as opposed to refined sugar which is normally consumed by homes. Industrial sugar which is mostly derived from sugarcane and sugar beet is an important element in a wide range of industries including food and beverages, pharmaceuticals, and chemicals. It is an important ingredient in a variety of industries improving the flavor, texture, and preservation of food and beverages. Its applications include confectionery, bread items, dairy products, and processed foods where it serves as a sweetener, stabilizer, bulking agent, and fermentation substrate.

The industrial sugar market is projected to evolve as health and well-being become more important, encouraging advances in sugar substitutes and alternatives. While traditional sugar is still important, the growing demand for low-calorie sweeteners and natural alternatives such as stevia and monk fruit is changing market dynamics.

Global Industrial Sugar Market Dynamics

The key market dynamics that are shaping the global industrial sugar market include:

Key Market Drivers:

Rising Demand in the Food and Beverage Industry:

The food and beverage industry continues to be the greatest user of industrial sugar as sugar is a key ingredient in a variety of items such as soft beverages, baked goods, and confectioneries. The growing popularity of processed and convenience foods, combined with shifting customer preferences for sweetness in products, increases demand for industrial sugar.

Growing Biofuel Production

: The transition to renewable energy sources has boosted the industrial sugar market, notably for biofuel production. Sugarcane and sugar beets are increasingly being utilized to make bioethanol, a renewable fuel that addresses rising energy demand while lowering carbon emissions. Governments around the world are establishing regulations and incentives to encourage biofuel production increasing demand for industrial sugar as a feedstock.

Increasing Use in Pharmaceuticals

: Industrial sugar is used as a sweetener, binder, and preservative in a variety of medicinal preparations. The growing number of health-conscious consumers as well as the rising prevalence of chronic diseases has resulted in increased pharmaceutical manufacturers pushing demand for industrial sugar.

Key Challenges:

Health Concerns and Regulatory Pressures:

There is growing awareness of the health dangers connected with excessive sugar consumption such as obesity, diabetes, and heart disease. Sugar levies and tougher labeling requirements are among the laws being implemented by governments and health groups around the world to reduce sugar consumption. This regulatory pressure may reduce demand for industrial sugar as consumers seek healthier alternatives hurting market growth.

Competition from Alternatives:

Sugar alternatives such as stevia, aspartame, and monk fruit extract are posing a substantial challenge to traditional industrial sugar production. These alternatives are frequently touted as healthier options attracting health-conscious consumers and food producers seeking to lower sugar levels.

Volatility in Raw Material Prices:

The prices of sugarcane and sugar beet, the key raw materials for industrial sugar production fluctuate due to weather conditions, supply chain disruptions, and changing agricultural techniques. Price fluctuation can have an impact on producers' production costs and profit margins making it harder to maintain market competitiveness.

Key Trends:

Shift towards Healthier Alternatives:

As consumers become more health-conscious, there is an increasing demand for healthier sugar substitutes such as natural sweeteners like stevia and agave nectar. This move is causing manufacturers to reformulate products to eliminate added sugars affecting total demand for traditional industrial sugar.

Sustainable Production Practices

: Environmental concerns are pushing the industrial sugar business to adopt sustainable production practices. Manufacturers are gradually implementing environmentally friendly techniques such as employing renewable energy, optimizing water usage, and reducing waste during the sugar extraction process. This trend not only addresses consumer desire for sustainability but also enables businesses to comply with increasing environmental rules.

Growing Demand from Emerging Markets

: The industrial sugar market is expanding rapidly in emerging markets, particularly Asia Pacific and Latin America. Rising disposable incomes, urbanization, and shifting dietary habits in these countries are driving up demand for processed and packaged goods which in turn drives sugar consumption. As these economies grow, demand for industrial sugar is likely to increase dramatically.

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Global Industrial Sugar Market Regional Analysis

Here is a more detailed regional analysis of the global industrial sugar market:

Asia Pacific:

The Asia Pacific region dominates the industrial sugar market owing to its vast population and fast-expanding food and beverage industry. Countries such as India, China, and Thailand have made significant contributions to this market supremacy.

The rising food processing sector is a key driver of the Asia Pacific industrial sugar market. According to the Food and Agriculture Organization (FAO), the food processing sector in Asia Pacific is predicted to develop at a 7.4% CAGR between 2021 and 2026.

According to a report published by the Asia Pacific food industry, the Asia Pacific soft drinks industry is predicted to reach USD 218.8 Billion by 2025, rising at a CAGR of 5.8% between 2020-2025. The Japanese confectionery market was valued at $23.5 billion in 2021 and is expected to increase at a CAGR of 2.5% from 2022 to 2027, according to the Japan Confectionery Association. Furthermore, the rising acceptance of sugar substitutes in response to health concerns is influencing the industry.

North America:

The North American industrial sugar market is expanding rapidly with the United States leading the way due to its powerful food and beverage industry and rising demand for processed goods. This expansion is mostly driven by increased consumption of convenience foods and beverages, as well as the growing use of industrial sugar in a variety of industries. The rising demand for processed and packaged foods is a primary driver of the North American industrial sugar market.

Furthermore, the beverage industry, another significant consumer of industrial sugar, has shown a consistent increase. According to the Beverage Marketing Corporation, the volume of the liquid refreshment beverage industry in the United States increased by 3.8% in 2021 to 31.8 billion gallons. Another important driver is the growing use of industrial sugar in non-food applications, particularly in the pharmaceutical and personal care sectors.

According to the US Food and Drug Administration (FDA), over 70% of pharmaceutical medications contain sugar as an inactive component. According to the US Bureau of Economic Analysis, the personal care business in North America, which heavily relies on sugar-derived chemicals, is expected to reach USD 128.7 Billion by 2030, rising at a CAGR of 3.6% between 2022 and 2030.

Global Industrial Sugar Market: Segmentation Analysis

The Global Industrial Sugar Market is segmented based on Type, Form, Source, Application, Distribution Channel, and Geography.

Industrial Sugar Market, By Type

• White Sugar
• Liquid Sugar
• Iced Sugar

Based on the Type, the Global Industrial Sugar Market is bifurcated into White Sugar, Liquid Sugar, and Iced Sugar. In the global industrial sugar market, white sugar holds the dominant position due to its widespread use across various industries including food and beverages, pharmaceuticals, and confectionery. White sugar is highly preferred for its consistent quality, easy availability, and cost-effectiveness. It acts as a key ingredient in numerous products from baked goods to soft drinks which drives its high demand.

Industrial Sugar Market, By Form

• Powdered
• Granulated
• Syrup

Based on the Form, the Global Industrial Sugar Market is bifurcated into Powdered, Granulated, and Syrup. In the global industrial sugar market, granulated sugar is the dominant form. This preference is largely due to its versatility and widespread application across various industries including food and beverage, pharmaceuticals, and cosmetics. Granulated sugar serves as a fundamental ingredient in numerous products providing sweetness, texture, and preservation qualities. Its ease of measurement and consistent performance make it a favored choice for manufacturers.

Industrial Sugar Market, By Source

• Sugar Beet
• Sugar Cane
• Others

Based on the Source, the Global Industrial Sugar Market is bifurcated into Sugar Beet, Sugar Cane, and Others. In the global industrial sugar market, sugar cane is the dominant source, primarily due to its high sucrose content and favorable growing conditions in tropical and subtropical regions. Sugar cane accounts for a significant share of global sugar production driven by its efficiency in converting sunlight into energy through photosynthesis, resulting in higher yields compared to sugar beet. Additionally, the widespread cultivation of sugar cane in major producing countries like Brazil and India contributes to its market dominance.

Industrial Sugar Market, By Application

• Food & Beverage
• Pharmaceutical
• Chemical
• Biofuel
• Others

Based on the Application, the Global Industrial Sugar Market is bifurcated into Food & Beverage, Pharmaceutical, Chemical, Biofuel, and Others. In the global industrial sugar market, the food & beverage sector is the dominant application. This dominance is primarily attributed to the widespread use of sugar as a key ingredient in various food products and beverages including snacks, soft drinks, and baked goods. The growing consumer demand for processed foods coupled with the trend toward indulgent and sweet flavors drives significant consumption of industrial sugar in this sector.

Industrial Sugar Market, By Distribution Channel

• Supermarkets
• Online Retail
• Direct Sales
• Retail Stores

Based on the Distribution Channel, the Global Industrial Sugar Market is bifurcated into Supermarkets, Online Retail, Direct Sales, and Retail Stores. In the global industrial sugar market, supermarkets are the dominant distribution channel. This preference stems from their extensive reach and ability to offer a wide variety of products in one location making it convenient for consumers and businesses alike. Supermarkets typically stock a diverse range of industrial sugars catering to various needs from bulk purchases for food manufacturers to smaller quantities for local bakeries.

Industrial Sugar Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

Based on Geography, the Global Industrial Sugar Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific region dominates the global industrial sugar market primarily due to its extensive sugar production capabilities and high consumption rates. Countries like India and China are leading producers benefiting from favorable agricultural conditions and large-scale cultivation of sugarcane and sugar beet. Additionally, the rising population and increasing disposable incomes in this region drive demand for sugar in various sectors including food and beverages, pharmaceuticals, and biofuels.

Key Players

• The "Global Industrial Sugar Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are
• Cargill, Archer Daniels Midland Company, Balrampur Chini Mills, Raizen SA, Sudzucker, Unica, AG Tereos, Nordzucker Group AG, Tongaat Hulett Group, Illovo Sugar (Pty) Ltd., Dangote Group, I.D Parry Limited.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Global Industrial Sugar Market Key Developments

• In February 2024, Balrampur Chini Mills announced a USD 20 billion investment in a new polylactic acid (PLA) factory, indicating a shift away from sugar production.
• In January 2024, Unica (Brazil) increased accumulated sugar production by 25%, indicating a great season for the Brazilian manufacturer.

TABLE OF CONTENTS

1. INTRODUCTION OF GLOBAL INDUSTRIAL SUGAR MARKET

• 1.1. Overview of the Market
• 1.2. Scope of Report
• 1.3. Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

• 3.1. Data Mining
• 3.2. Validation
• 3.3. Primary Interviews
• 3.4. List of Data Sources

4. GLOBAL INDUSTRIAL SUGAR MARKET OUTLOOK

• 4.1. Overview
• 4.2. Market Dynamics
  • 4.2.1. Drivers
  • 4.2.2. Restraints
  • 4.2.3. Opportunities
• 4.3. Porters Five Force Model
• 4.4. Value Chain Analysis

5. GLOBAL INDUSTRIAL SUGAR MARKET, BY TYPE

• 5.1. Overview
• 5.2 White Sugar
• 5.3 Liquid Sugar
• 5.4 Iced Sugar

6. GLOBAL INDUSTRIAL SUGAR MARKET, BY SOURCE

• 6.1. Overview
• 6.2 Sugar Beet
• 6.3 Sugar Cane
• 6.4 Others

7. GLOBAL INDUSTRIAL SUGAR MARKET, BY FORM

• 7.1. Overview
• 7.2 Powdered
• 7.3 Granulated
• 7.4 Syrup

8. GLOBAL INDUSTRIAL SUGAR MARKET, BY APPLICATION

• 8.1. Overview
• 8.2 Food & Beverage
• 8.3 Pharmaceutical
• 8.4 Chemical
• 8.5 Biofuel
• 8.6 Others

9. GLOBAL INDUSTRIAL SUGAR MARKET, BY DISTRIBUTION CHANNEL

• 9.1 Overview
• 9.2 Supermarkets
• 9.3 Online Retail
• 9.4 Direct Sales
• 9.5 Retail Stores

10. GLOBAL INDUSTRIAL SUGAR MARKET, BY GEOGRAPHY

• 10.1. Overview
• 10.2. North America
  • 10.2.1. U.S.
  • 10.2.2. Canada
  • 10.2.3. Mexico
• 10.3. Europe
  • 10.3.1. Germany
  • 10.3.2. U.K.
  • 10.3.3. France
  • 10.3.4. Rest of Europe
• 10.4. Asia Pacific
  • 10.4.1. China
  • 10.4.2. Japan
  • 10.4.3. India
  • 10.4.4. Rest of Asia Pacific
• 10.5. Rest of the World
  • 10.5.1. Latin America
  • 10.5.2. Middle East & Africa

11. GLOBAL INDUSTRIAL SUGAR MARKET COMPETITIVE LANDSCAPE

• 11.1. Overview
• 11.2. Company Market Ranking
• 11.3. Key Development Strategies

12. COMPANY PROFILES

• 12.1. Cargill
  • 12.1.1. Overview
  • 12.1.2. Financial Performance
  • 12.1.3. Product Outlook
  • 12.1.4. Key Developments
• 12.2. Archer Daniels Midland Company
  • 12.2.1. Overview
  • 12.2.2. Financial Performance
  • 12.2.3. Product Outlook
  • 12.2.4. Key Developments
• 12.3. Balrampur Chini Mills
  • 12.3.1. Overview
  • 12.3.2. Financial Performance
  • 12.3.3. Product Outlook
  • 12.3.4. Key Developments
• 12.4. Raizen SA
  • 12.4.1. Overview
  • 12.4.2. Financial Performance
  • 12.4.3. Product Outlook
  • 12.4.4. Key Developments
• 12.5. Sudzucker
  • 12.5.1. Overview
  • 12.5.2. Financial Performance
  • 12.5.3. Product Outlook
  • 12.5.4. Key Developments
• 12.6. Unica
  • 12.6.1. Overview
  • 12.6.2. Financial Performance
  • 12.6.3. Product Outlook
  • 12.6.4. Key Developments
• 12.7. AG Tereos
  • 12.7.1. Overview
  • 12.7.2. Financial Performance
  • 12.7.3. Product Outlook
  • 12.7.4. Key Developments
• 12.8. Nordzucker Group AG
  • 12.8.1. Overview
  • 12.8.2. Financial Performance
  • 12.8.3. Product Outlook
  • 12.8.4. Key Developments
• 12.9. Tongaat Hulett Group
  • 12.9.1. Overview
  • 12.9.2. Financial Performance
  • 12.9.3. Product Outlook
  • 12.9.4. Key Developments
• 12.10. Illovo Sugar (Pty) Ltd.
  • 12.10.1. Overview
  • 12.10.2. Financial Performance
  • 12.10.3. Product Outlook
  • 12.10.4. Key Developments

13 KEY DEVELOPMENTS

• 13.1 Product Launches/Developments
• 13.2 Mergers and Acquisitions
• 13.3 Business Expansions
• 13.4 Partnerships and Collaborations

14. Appendix

• 14.1. Related Research