Latin America and EU to lead the Industrial Sugar Market
As per a report available on XploreMR, the global industrial sugar market is expected to witness a stupendous growth between 2020 and 2030. The agriculture sector has been into higher production of cane sugar since the last few years. This ongoing trend is expected to drive the industrial sugar market.
Industrial sugar is either beetroot-based or cane-based. Cane-based sugar been ruling the roost since long. However, people have started lending an ear to the health hazards associated with higher consumption of sugar. This factor is expected to create a turbulence in the industrial sugar market.
Amongst brown, liquid, and white sugar, the third one has been dominating in terms of manufacturing and consumption alike. The bakery products and confectionaries ask for white sugar. This factor is expected to upscale the market in the forecast period.
The global industrial sugar market is impacted by factors such as rising international prices, value added to sugarcane products by targeting byproducts through expanded sugar production, integrated sugar complexes, and the rising consumption of beverages and readymade foodstuffs. In addition to this, innovative product launches and greater application of industrial sugar in a variety of areas is poised to benefit the industrial sugar market. XploreMR has conducted a fact-based study of the industrial sugar market in its upcoming report titled ‘Industrial Sugar Market: Forecast, Trend Analysis & Competition Track - Global Review 2017 to 2022’. The report has looked at key trends in the industrial sugar market over the five-year forecast period.
Industrial Sugar Market Taxonomy
- North America
- Latin America
Global Market Study on Industrial Sugar: Cane to Dominate the Source Segment for the Foreseeable FutureBuy Now
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