Industrial Sugar Market Size By Type(Brown Sugar, White Sugar, and Liquid
Sugar), By Source(Sugarcane, Sugar Beet), By Form(Granules, Powder, and
Syrup), By Application(Food & Beverages, Pharmaceuticals), By Geographic
Scope and Forecast
Industrial Sugar Market Size And Forecast
Industrial Sugar Market size was valued at USD 43.77 Billion in 2020 and is projected to
reach USD 74.64 Billion by 2028, growing at a CAGR of 6.15% from 2021 to 2028.
The growing worldwide cultivation of sugar crops owing to the growth of the food
industry and the production of biofuels is expected to drive the Industrial Sugar Market
over the predicted years. The Global Industrial Sugar Market report provides a holistic
evaluation of the market. The report offers comprehensive analysis of key segments,
trends, drivers, restraints, competitive landscape, and factors that are playing a
substantial role in the market.
Global Industrial Sugar Market Definition
Sugar is a vital component of the food industry and has an irreplaceable role. Sugar is
an element extracted from sugarcane molasses or sugar beet and it passes through
several process cycles like extraction, cleaning, crystallizing, and drying. Sugar varies in
size and forms its usage depends upon the nature of the application. The majority of
sugars are used in the food industry such as bakery, beverages, etc. While in the
pharmaceutical industry sugar used is the purest form of sugar, contains no sulphur &
heavy toxic material like lead, arsenic, mercury, etc.
sugar has been used as a coating adjunct, suspending agent, sweetening agent, tablet,
and capsule diluent. Based on the type, the market is classified into Brown Sugar, White
Sugar, and Liquid Sugar. Based on the source, the market is bifurcated into Sugarcane,
Sugar Beet, and Others. It is available in three forms i.e. Granules, Powder, and Syrup.
Various applications of industrial sugar are Food & Beverages, Pharmaceuticals, and
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