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Europe B2B Brown Sugar Market Size By Product Type (Light Brown and Dark Brown), By Source (Sugar Beet and Sugar Cane), By Form (Granule, Powder, Liquid), By Application (Bakery, Beverages, Dairy ) & Forecast


Published on: 2024-08-02 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Europe B2B Brown Sugar Market Size By Product Type (Light Brown and Dark Brown), By Source (Sugar Beet and Sugar Cane), By Form (Granule, Powder, Liquid), By Application (Bakery, Beverages, Dairy ) & Forecast

Europe B2B Brown Sugar Market Size And Forecast

Europe B2B Brown Sugar Market size was valued at USD 2,873.01 Million in 2020 and is projected to reach USD 4,895.92 Million by 2028, growing at a CAGR of 7.27% from 2021 to 2028.

The rising demand for bakery products in urban areas is likely to be a major driver for the European brown sugar market. In addition, one of the main drivers of the B2B brown sugar market has been the growth of the urban food and beverage industry in recent years. The Europe B2B Brown Sugar Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Europe B2B Brown Sugar Market Definition

Brown sugar is a sucrose sugar that is brown in shading. The unmistakable brown shading could be ascribed to the higher substance of molasses. Organic brown sugar is constantly considered to have a somewhat higher mineral substance than the customary refined white sugar because of the nearness of molasses. Organic brown sugar is delivered by adding sugarcane molasses to totally refined white sugar gems at the correct extent and proportion of molasses content. There are various sorts of organic brown sugar and every one of these sorts is characterized by the sequential substance of molasses. Organic brown sugar has a wide scope of food and beverages application.

Brown sugar is a type of sugar that has brown colour due to the presence of molasses. Brown sugar is either naturally produce or commercially manufactured by adding molasses. The brown sugar is produced directly from the cane juice or during the produced during the refining of raw sugar. Brown sugar helps in improving blood circulation and blood cell production. Brown sugar has more nutrients value such as calcium, potassium, iron, magnesium etc. than conventional white sugar. Brown sugar is widely used for sweetening baked goods, beverages, sauces, and marinades.

Europe B2B Brown Sugar Market Overview

The rising demand for bakery products in urban areas is likely to be a major driver for the European brown sugar market, the report estimates. The bakery product industry is a key consumer of powdered, granulated, as well as syrup brown sugar and is likely to remain a major contributor to the B2B brown sugar market due to the increasing awareness of Western bakery products in emerging markets. The rising indigenous bakery products industry in emerging regions in Europe is likely to remain a significant contributor to the European brown sugar market in the coming years, due to the rising popularity of bakery items in urban areas in these regions.

In addition, one of the main drivers of the B2B brown sugar market has been the growth of the urban food and beverage industry in recent years. Demand for soft drinks, in particular, has received a boost due to growing demand in urban areas where surgery drinks are becoming increasingly popular and are expected to continue to be a vital driver of the brown sugar market for years to come. The bakery sector is considered as the principal consumer for brown sugar supporting the industry growth further in the succeeding years.

Moreover, the high production of sugar cane is expected to register a positive impact on the European Brown Sugar Market. Brown sugar is commercially produced with the use of two raw materials such as sugar cane and beetroot. Sugarcane-produced sugar is widely used owing to rich production volumes coupled with high consumer preference. Increasing wide applications of sugar in various industries have encouraged a large number of new players in the market.

Europe B2B Brown Sugar MarketSegmentation Analysis

The Europe B2B Brown Sugar Market is segmented on the basis of Product Type, Source, Form, and Application.

Europe B2B Brown Sugar Market By Product Type

• Light Brown• Dark Brown

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Based on Product Type, the market is bifurcated into Light Brown and Dark Brown. Light Brown accounted for the largest market share in 2020, and is projected to grow at the highest CAGR of 7.67% during the forecast period. Light brown sugar is produced by blending refined white sugar with a small quantity of molasses. Light brown sugar receives its color, wet texture, and caramel taste from molasses. The light brown sugar has around 3.5% of molasses by weight. Light brown sugar is especially utilized in sauces and baked food products. Soft brown light sugar has a far extra mellow taste, and its best texture keeps the desserts nice and soft. Therefore, it is best suited to sponge desserts or light desserts including carrot cake or coconut cake. Also, due to the fact, its flavor is subtle and mellow, it is right for use with chocolate, whether that’s chocolate desserts or chocolate brownies.

Europe B2B Brown Sugar Market by Source

• Sugar Beet• Sugar Cane

Based on Source, the market is bifurcated into Sugar Beet and Sugar Cane. Sugar Beet accounted for the largest market share in 2020, and is projected to grow at a CAGR of 7.03% during the forecast period. Sugar beets are a form of root vegetable this is generally used to make sugar. It’s high in vitamins and low in fats and calories, so it is a terrific choice. Several organizations are concerned in the manufacturing of sugar from sugar beets, and additionally, they employ the by-product of the process, that’s dried beet pulp. The beet pulp is equipped in the type of granules or dry flakes and is made as an upshot of sugar beets. It incorporates a huge quantity of sugar, carbohydrates, and numerous minerals and nutrients like Manganese, Potassium, and Vitamin C. In addition, the demand for healthy meals is growing among the consumers in the European region because of the growing demand for sugar beet pulp, which in turn assists in boosting the marketplace growth.

Europe B2B Brown Sugar Market by Form

• Granule• Powder• Liquid

Based on Form, the market is bifurcated into Granule, Powder, Liquid. Granule accounted for the largest market share in 2020, and is projected to grow at the highest CAGR of 7.90% during the forecast period. Granulated sugar is the best sugar for measuring, sprinkling directly to meals, and dissolving into drinks. Granulated sugar has the biggest crystals in comparison to different forms of sugar. Due to its excellent crystal structure, granulated sugar does not cake together. Also, due to the tenderness and crunchiness of granulated sugar, is most commonly used for baking purposes. Granule brown sugar is used significantly as small crystals are perfect for bulk handling. Moreover, it is extensively utilized in numerous applications which include bakery and confectionery, beverages, and dairy.

Europe B2B Brown Sugar Market By Application

• Bakery• Beverages• Dairy• Others

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On the basis of Application, the Europe B2B Brown Sugar Market has been segmented into Bakery, Beverages, Dairy, and Others. Bakery accounted for the largest market share in 2020 and is projected to grow at a CAGR of 6.60% during the forecast period. Brown sugar is used drastically in baking. It provides more vibrant color to baked meals and additionally adds to their flavor. Brown sugar is also used in lots of barbeque sauce and chili recipes. It is generally utilized in cookies to impart the dusky color. The Bakery segment is growing significantly, due to the growing demand for bakery and confectionery products throughout the region. In addition, factors consisting of growing demand and intake of ready-to-eat meals due to hectic lifestyle are propelling the demand for bakery products consisting of cookies, cakes & pastries, cookies, and bread & rolls.

Key Players

The “Europe B2B Brown Sugar Market” study report will provide a valuable insight with an emphasis on the European market including some of the major players such as Sudzucker Ag, Nordzucker Holding Ag, Cargill Inc, Sunshine Sugar, Loiret & Haëntjens, Cristalco. 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 its 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.

Key Developments

Company Name

Key Development

Description

Cargill Inc.Acquisition• Cargill had acquired Leman Decoration Group, expanding its gourmet chocolate offerings
Imperial Sugar CompanyAcquisition• Imperial Sugar Company has announced to acquire U.S. Sugar by Louis Dreyfus Company

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2017-2028

BASE YEAR

2020

FORECAST PERIOD

2021-2028

HISTORICAL PERIOD

2017-2019

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Sudzucker Ag, Nordzucker Holding Ag, Cargill Inc, Sunshine Sugar, Loiret & Haëntjens, Cristalco.

SEGMENTS COVERED

By Product Type, By Source, By Form, and By Application.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.• Provision of market value (USD Billion) data for each segment and sub-segment.• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled.• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis.• Provides insight into the market through Value Chain.• Market dynamics scenario, along with growth opportunities of the market in the years to come.• 6-month post-sales analyst support.

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