Global Brown Sugar Market to Reach USD 33,810.05 Million by 2030 | CAGR of 8.0%
Category : Food And Beverages | Published Date : Nov 2024 | Type : Press Release
Brown Sugar Market Scope & Overview:
As per the Consegic Business Intelligence newly published report, the Global Brown Sugar Market size was valued at USD 18,355.00 million in 2022 and is projected to register a CAGR of 8.0%, reaching USD 33,810.05 million by 2030. Brown sugar, a natural sugar with molasses, is valued for its rich flavor and higher mineral content compared to white sugar, making it a preferred sweetener in bakery, confectionery, and beverages.
The report comprises the Brown Sugar Market Share, Size & Industry Analysis, By Type (Dark, Light, and Others), By Form (Powdered, Granulated, Syrup, and Cubes), By Application (Bakery and Confectionery, Beverages, Dairy, and Others), By Distribution Network (Offline (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and Others) and Online (E-commerce and Company-Owned Website)), By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa), and Forecast, 2023-2030.
The report contains detailed information on Brown Sugar Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraint or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
Growing consumer preference for natural, less processed sweeteners and the rising demand in bakery and confectionery products are major drivers of market growth. The increasing adoption of brown sugar in beverages offers significant growth opportunities.
Segmental Analysis :
Based on Type, the market is segmented into dark, light, and others.
- The dark brown sugar segment held the largest share in 2022, favored for its rich molasses content, adding deep flavor to baked goods and sauces.
- The light brown sugar segment is expected to grow fastest, offering mild sweetness that suits various recipes, from cookies to beverages.
Based on Form, the market includes powdered, granulated, syrup, and cubes.
- Granulated brown sugar led the market in 2022, driven by its ease of use and long shelf life, making it a staple in both home and commercial kitchens.
- Powdered brown sugar is anticipated to witness the fastest growth, popular in baking and cooking for its smooth texture and enhanced flavor profile.
Based on Application, the market is categorized into bakery and confectionery, beverages, dairy, and others.
- The bakery and confectionery segment dominated in 2022, as brown sugar adds moisture and flavor to baked items like cakes and cookies.
- The beverages segment is projected to grow fastest, with brown sugar increasingly used in lattes, shakes, and specialty drinks to enhance taste and appeal.
Based on Distribution Network, the market is divided into offline and online channels.
- The offline segment accounted for the largest share in 2022, with supermarkets and specialty stores providing easy access to brown sugar products.
- The online segment is expected to grow rapidly, supported by the convenience of online shopping, broad product availability, and competitive pricing.
Based on regions, the global market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.
- Asia-Pacific held the largest market share in 2022, supported by high consumption of brown sugar in culinary and baking applications.
- North America is anticipated to grow at the fastest CAGR due to rising adoption in restaurants, cafes, and growing demand for natural sweeteners.
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2031 | USD 33,810.05 Million |
| CAGR (2023-2030) | 8.0% |
| By Type | Dark, Light, and Others |
| By Form | Powdered, Granulated, Syrup, and Cubes |
| By Application | Bakery and Confectionery, Beverages, Dairy, Others |
| By Distribution Network | Offline (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Others) and Online (E-commerce, Company-Owned Website) |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.
List of prominent players in the Brown Sugar Industry:
- Imperial Sugar (U.S. Sugar Corporation)
- AMERICAN CRYSTAL SUGAR COMPANY
- Südzucker AG
- American Sugar Refining, Inc.
- Sunshine Sugar
- THE BILLINGTON FOOD GROUP LIMITED (Associated British Foods)
- Organic Tattva
- Nordzucker AG
- Cargill, Incorporated
- Dhanraj Sugars Private Limited
- Taikoo Sugar Limited
- Wholesome Sweeteners, Inc.
Recent Industry Developments :
- April 2022: Flour Mills of Nigeria (FMN) Plc introduced Sunti Brown Sugar, produced at Sunti Golden Sugar Estates, increasing the company's local sugar production capacity.
- November 2022: U.S. Sugar Corporation acquired Imperial Sugar Co., enhancing its market reach and service capabilities to better meet customer demands.
