China Cane Sugar Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
China Cane Sugar Market Analysis
The Chinese cane sugar market is projected to register a CAGR of 3.5% during the forecast period.
- After Brazil and India, China is the world's third-largest sugar-producing nation. The sugar industry is a significant supporter of the financial improvement in the major cane producing territories, particularly in Guangxi, Yunnan, and Western Guangdong.
- With the establishment of new innovations, the sugar trade in China has expanded quickly. The utilization of sugar has also increased, and both domestic production and imports meet the domestic necessities in the nation. Although a small amount of sugar is exported, China is a considerable net importer of sugar.
China Cane Sugar Market Trends
This section covers the major market trends shaping the China Cane Sugar Market according to our research experts:
Increased Sugarcane Production
Growing population, increasing disposable income, and changes in cultural habits are driving sugar consumption in this region. The production of cane sugar is increasing due to the demand from various industries, such as beverages, dairy, bakery, and confectionery. In dairy products, functional properties of sugar include mouthfeel, taste, reduction of freezing point, and water-binding. Sugar is also a key component of the firmness of dairy products, impacting the flow and thermal characteristics (for example, viscosity, osmolality, water mobility, and freezing point depression) during and after processing. Intakes of soft drinks, colas, other sweetened carbonated beverages, and fruit drinks with added sugar have increased dramatically, especially among youth.
Increased Utilization in Bakery and Confectionery
The bakery and confectionery sector witnessed an upsurge trend in the usage of sugar owing to the properties it imparts in the finished products. Sugar is an important contributor to flavor by interacting with other ingredients. Depending on the food application, sugar has the unique ability to heighten flavor or depress the perception of other flavors. It is widely utilized due to the multi-functionalities, such as extending the shelf life of bakery products, slowing moisture loss, and preventing staleness in baked goods. The demand for sugar confectionery is also increasing owing to the growth of the cane sugar market as it is used as the primary ingredient and offers a unique flavor.
China Cane Sugar Industry Overview
The Chinese cane sugar market is consolidated with the major players holding the maximum share in the market. The key strategies adopted by the companies are mergers and acquisitions, partnerships, and expansion. The major players are COFCO Tunhe Co. Ltd, Louis Dreyfus Company B.V., Tereos International Limited, and Nanning Sugar Industry.
China Cane Sugar Market Leaders
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Tereos international limited
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COFCO Tunhe Co., Ltd
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Louis Dreyfus Company B.V.
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Boettger Zucker
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Nanning Sugar Industry
*Disclaimer: Major Players sorted in no particular order
China Cane Sugar Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Category
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5.1.1 Organic
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5.1.2 Conventional
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5.2 Form
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5.2.1 Crystallized Sugar
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5.2.2 Liquid Syrup
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5.3 Application
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5.3.1 Bakery and Confectionery
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5.3.2 Dairy
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5.3.3 Beverages
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5.3.4 Other Applications
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 COFCO Tunhe Co., Ltd
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6.3.2 Louis Dreyfus Company B.V.
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6.3.3 Tereos international limited
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6.3.4 Boettger Zucker
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6.3.5 Nanning Sugar Industry
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
China Cane Sugar Industry Segmentation
The Chinese cane sugar market has been segmented by category into organic and conventional. The market is divided based on form into crystallized sugar and liquid sugar syrup. Based on the application, the market is segmented into bakery and confectionery, dairy, beverages, and other applications.
| Category | |
| Organic | |
| Conventional |
| Form | |
| Crystallized Sugar | |
| Liquid Syrup |
| Application | |
| Bakery and Confectionery | |
| Dairy | |
| Beverages | |
| Other Applications |
China Cane Sugar Market Research FAQs
What is the current China Cane Sugar Market size?
The China Cane Sugar Market is projected to register a CAGR of 3.5% during the forecast period (2024-2029)
Who are the key players in China Cane Sugar Market?
Tereos international limited, COFCO Tunhe Co., Ltd, Louis Dreyfus Company B.V., Boettger Zucker and Nanning Sugar Industry are the major companies operating in the China Cane Sugar Market.
What years does this China Cane Sugar Market cover?
The report covers the China Cane Sugar Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China Cane Sugar Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Sugar in China Industry Report
Statistics for the 2024 Sugar in China market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Sugar in China analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
