Brown Sugar Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 8.13 % |
| Fastest Growing Market | Europe |
| Largest Market | Asia-Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Brown Sugar Market Analysis
The global brown sugar market is projected to register a CAGR of 8.13% over the next five years.
- The brown sugar market is growing with the rising demand from various sectors of the food and beverage industry. Therefore, it is anticipated that it will continue to increase over the coming years. White sugar crystals that have been sufficiently refined to allow precise control of the sugar crystal to molasses ratio and lower manufacturing costs are typically used to make brown sugar.
- The molasses in the brown sugar created in this manner may be easily separated from the crystals to produce white sugar, but it is frequently rougher than its unprocessed counterpart. There are several food-related applications for brown sugar, including dairy, baking, and other uses.
- As disposable incomes have increased in developed economies, there is a greater demand for upscale consumer products like baked products, enhancing their relevance to the food and beverage industry. The bakery industry prefers brown sugar over regular sugar due to its hygroscopic properties and the presence of molasses, which is anticipated to boost demand for brown sugar in the future.
- The rise of the health-conscious population, which is searching for healthier alternatives to white sugar, will also support the expansion of this market.
- Since brown sugar has been determined to be healthier than white sugar, customers may prefer brown sugar to white sugar, which would help this market grow over time. Organic brown sugar is produced by adding sugarcane molasses to completely refined white sugar crystals at the right proportion and ratio of molasses content. There are different types of organic brown sugar, and each of these types is redefined by a higher or lower molasses content.
Brown Sugar Market Trends
This section covers the major market trends shaping the Brown Sugar Market according to our research experts:
Increasing Demand for Bakery Products
- The increasing demand for bakery products in urban areas is likely to be a major driver for the brown sugar market, owing to the increased demand for Western bakery products in developing economies. The primary user of brown sugar is anticipated to be the developing bakery industry, which will assist in the industry's future expansion.
- Due to the economic dynamics of the food and beverage industry, bakery products are in extremely high demand worldwide. The rise in the indigenous bakery products industry in developing markets, such as Asia-Pacific and Latin America, is expected to emerge as a prominent factor boosting the growth of this market in the years to come, owing to the increasing popularity of bakery items in urban areas in these regions.
- The household manufacturing of bakery products is also projected to increase significantly in emerging economies due to consumers' increasing interest, leading to a healthy rise in the demand for brown sugar during the forecast period.
- Bakery products have become increasingly relevant to the economic dynamics of the food and beverage industry following the rise in the disposable incomes of urban consumers, which has led to a rise in the demand for luxury products, such as bakery items.
- The hygroscopic nature and molasses content of brown sugar also make it more desirable than conventional sugar in the bakery industry, as unrefined molasses mix better with bakery ingredients, which is likely to drive demand for the brown sugar market over the coming years.
Asia-Pacific Dominating the Global Market
- The brown sugar market is dominated by Asia-Pacific, which is expected to continue its dominance over the forecast period, followed by North America. Brown sugar is majorly produced by countries with a tropical climates, like China, Thailand, Vietnam, India, South Korea, Bolivia, Brazil, and Indonesia. Indonesia is one country that produces brown sugar and holds high potential as an exporter of brown sugar.
- Brown sugar is widely used as a sweetener and flavor and color enhancer in Indonesia. It is one of the alternatives used to meet the sugar demand in Indonesia. Due to its increasing popularity, demerara sugar is also produced in other countries, such as Mexico and India.
- Additionally, Asia Pacific, which has the largest customer base and contributes significantly to the revenue of the food and beverage industry, is anticipated to increase demand for brown sugar throughout the forecast period.
- Furthermore, Asia Pacific has consistently been the industry's growth hub due to increased demand for natural and organic food ingredients. This region's better lifestyle and a number of government regulations that uphold the quality of the produced are also factors driving the brown sugar market.
Brown Sugar Industry Overview
The huge shift of the food and beverage industry toward natural and organic food and ingredient production makes it a strong growth base for the brown sugar market. The market for brown sugar is highly fragmented, with lots of players. Some of the major key players in the brown sugar market globally include American Crystal Sugar Company, ASR Group, Südzucker AG, Cargill Incorporated, and Tate & Lyle Sugars. Domestic manufacturers are increasingly focusing on establishing strategic partnerships with numerous multinational corporations to make their products available across the world. Companies are actively expanding their product bases and increasing production capacities to meet the demand for applications emerging from various sectors.
Brown Sugar Market Leaders
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American Crystal Sugar Company
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Sudzucker AG
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ASR GROUP
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Cargill Incorporated
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Tate & Lyle Sugars
*Disclaimer: Major Players sorted in no particular order
Brown Sugar Market News
- In April 2022, Flour Mills of Nigeria Plc (FMN) launched the first wholly made-in-Nigeria brown sugar. The fortification of high-quality brown sugar with vitamin A and other nutritional advantages will increase customer affinities for products made in Nigeria.
- In March 2021, U.S. Sugar announced that it had reached an agreement with Louis Dreyfus Company to acquire the business and assets of Imperial Sugar Company, a port refiner with operations in Georgia and Kentucky. This move will increase production and reduce costs.
- In January 2021, Singapore-based food tech firm Nutrition Innovation announced that it was bringing its sugar reduction technology Nucane Life to Malaysia in partnership with local sugar giant CSR and offering local food manufacturers a clean label option for reformulation with added functional properties based on common cane sugar.
Brown Sugar Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Light Brown
5.1.2 Dark Brown
5.2 By Form
5.2.1 Powder
5.2.2 Granules
5.2.3 Other Forms
5.3 By Application
5.3.1 Bakery and Confectionery
5.3.2 Beverages
5.3.3 Dairy
5.3.4 Other Applications
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.1.4 Rest of North America
5.4.2 Europe
5.4.2.1 United Kingdom
5.4.2.2 Germany
5.4.2.3 France
5.4.2.4 Russia
5.4.2.5 Italy
5.4.2.6 Spain
5.4.2.7 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 India
5.4.3.2 China
5.4.3.3 Japan
5.4.3.4 Australia
5.4.3.5 Rest of Asia-Pacific
5.4.4 South America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Rest of South America
5.4.5 Middle-East and Africa
5.4.5.1 South Africa
5.4.5.2 Saudi Arabia
5.4.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Cargill Incorporated
6.3.2 American Crystal Sugar Company
6.3.3 Sudzucker AG
6.3.4 ASR Group
6.3.5 Tate & Lyle Sugars
6.3.6 Organic Tattva
6.3.7 Domino Foods Inc. (C&H Sugar)
6.3.8 Taikoo Sugar Limited
6.3.9 Savola Group
6.3.10 Cofco Tunhe Sugar Co. Ltd
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Brown Sugar Industry Segmentation
Brown sugar is a sucrose sugar product that has a distinctive brown color due to the presence of molasses. It is either an unrefined or partially refined soft sugar consisting of sugar crystals with some residual molasses content, or it is produced by adding molasses to refined white sugar.
The brown sugar market is segmented by product type, form, application, and geography. Based on product type, the market is segmented into light brown and dark brown. Based on form, the market is segmented into powder, granules, and other forms. Based on application, the market is segmented into bakery and confectionery, beverages, dairy, and other applications. Based on geography, the study analyzes the brown sugar market in emerging and established markets worldwide, including North America, Europe, Asia-Pacific, South America, Middle-East and Africa.
For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
| By Product Type | |
| Light Brown | |
| Dark Brown |
| By Form | |
| Powder | |
| Granules | |
| Other Forms |
| By Application | |
| Bakery and Confectionery | |
| Beverages | |
| Dairy | |
| Other Applications |
| Geography | |||||||||
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Brown Sugar Market Research FAQs
What is the current Brown Sugar Market size?
The Brown Sugar Market is projected to register a CAGR of 8.13% during the forecast period (2024-2029)
Who are the key players in Brown Sugar Market?
American Crystal Sugar Company, Sudzucker AG, ASR GROUP, Cargill Incorporated and Tate & Lyle Sugars are the major companies operating in the Brown Sugar Market.
Which is the fastest growing region in Brown Sugar Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Brown Sugar Market?
In 2024, the Asia-Pacific accounts for the largest market share in Brown Sugar Market.
What years does this Brown Sugar Market cover?
The report covers the Brown Sugar Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brown Sugar Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Brown Sugar Industry Report
Statistics for the 2024 Brown Sugar market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brown Sugar analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
