Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Types (White Sugar, Brown Sugar, Liquid Sugar), By Form (Granulated Sugar, Powdered Sugar, Syrup Sugar), By End -Users (Food and Beverages, Pharma and Personal Care, Household), By Sources (Sugarcane, Sugarbeet) And Competitive Landscape
Product Code: ETC057346 | Publication Date: May 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Sugar Market grows mostly due to the abundant supply of sugar cane and other features, such as greater taste and greater caramelization than beet sugar. Moreover, improvements in existing traditional sugar, such as brown cane sugar, comprising additional syrup to improve the taste and look, have stimulated market development among top global firms and minor domestic competitors. The use of sugar has also risen, with domestic demand and imports being satisfied in the country. The key drivers of the regions are enhanced consumer health consciousness and government laws in the form of sugar charges provide a chance to reinvent and redefine beverages and confectionary brands in the Asia-Pacific region. Increased health awareness has spurred the consumption of sugar driven by the growing household disposable incomes and shift in the way of living has made ready-to-eat (on-the-go) meals preferable. This leads to an increase of the demand for sweeteners in the area because of the necessity for sugar replacements. There is restrain as different countries in the region are adopting sugar charges and limiting marketing of sugar-rich items to tackle health problems. In the sensory pleasures confectionery and sweets industry, where sugar is a prominent element, businesses must strike a balance between enjoyment and health concerns. According to recent data, there was a considerable rise in the frequency of consuming fruits and vegetables, as well as a jump in sugary beverage consumption, during the COVID-19 epidemic.
According to 6Wresearch, Asia Pacific Sugar Market is anticipated to register a proliferation throughout the forecast period 2021-2027. The product market is expected to register growth in the coming years on the back of an increase in the growth of domestic consumption. Backed by the outbreak of the novel coronavirus, the market has witnessed a substantial rise owing to the home cooking formats which has triggered increased consumption of sugar in home based cooked meals. An increase in the industrial application of sugars owing to the westernized food formats has led to a significant increase in the consumption of the same. on the same part, it has also allowed many medium players and new entrants in the product market and has led to a fragmented market structure of the product market.
The Asia Pacific sugar market, on the basis of form, is divided into granules, crystal, powder and syrup/liquid. The powdered sector owns the biggest market share in Asia Pacific. Granular date sugar, often known as industrial sugar, is a rich, naturally soluble, source of carbohydrates. Date granulated sugar is used largely in the food & beverage, bakery, and confectionary sectors. Granulated Date sugar is mostly used for cookies, baked goods, cakes, pastries, muffins, jams, marmalades and more. When compared to granulated sugar, powdered sugar is a white material of date sugar that is more absorbent in nature. It is also used in baking and confectionery, though it is most found in dressings, relishes, sauces, and spreads. The market for powdered date sugar is being driven by rising consumption of confectionary and bakery food items. Because of its extended shelf life, date sugar syrup is becoming increasingly popular. Furthermore, it is a superior alternative to traditional granule or powdered sugar. The main causes driving demand for date sugar syrup include anti-crystal, anti-freezing and preservation characteristics. The key players in the market are AkzoNobel NV, Masco Corporation, Jotun A/s, The Valspar corporation, etc.
Asia Pacific sugar market outlook report provides an unbiased and detailed analysis of the market scenario on the basis of the market segmentation by application, end users, type, form and countries including Italy, Germany, Spain, Russia, France, India and rest of Asia Pacific. The market report covers the on-going Asia Pacific sugar market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Asia Pacific Sugar Market grows mostly due to the abundant supply of sugar cane and other features, such as greater taste and greater caramelization than beet sugar. Moreover, improvements in existing traditional sugar, such as brown cane sugar, comprising additional syrup to improve the taste and look, have stimulated market development among top global firms and minor domestic competitors. The use of sugar has also risen, with domestic demand and imports being satisfied in the country. The key drivers of the regions are enhanced consumer health consciousness and government laws in the form of sugar charges provide a chance to reinvent and redefine beverages and confectionary brands in the Asia-Pacific region. Increased health awareness has spurred the consumption of sugar driven by the growing household disposable incomes and shift in the way of living has made ready-to-eat (on-the-go) meals preferable. This leads to an increase of the demand for sweeteners in the area because of the necessity for sugar replacements. There is restrain as different countries in the region are adopting sugar charges and limiting marketing of sugar-rich items to tackle health problems. In the sensory pleasures confectionery and sweets industry, where sugar is a prominent element, businesses must strike a balance between enjoyment and health concerns. According to recent data, there was a considerable rise in the frequency of consuming fruits and vegetables, as well as a jump in sugary beverage consumption, during the COVID-19 epidemic.
According to 6Wresearch, Asia Pacific Sugar Market is anticipated to register a proliferation throughout the forecast period 2021-2027. The product market is expected to register growth in the coming years on the back of an increase in the growth of domestic consumption. Backed by the outbreak of the novel coronavirus, the market has witnessed a substantial rise owing to the home cooking formats which has triggered increased consumption of sugar in home based cooked meals. An increase in the industrial application of sugars owing to the westernized food formats has led to a significant increase in the consumption of the same. on the same part, it has also allowed many medium players and new entrants in the product market and has led to a fragmented market structure of the product market.
The Asia Pacific sugar market, on the basis of form, is divided into granules, crystal, powder and syrup/liquid. The powdered sector owns the biggest market share in Asia Pacific. Granular date sugar, often known as industrial sugar, is a rich, naturally soluble, source of carbohydrates. Date granulated sugar is used largely in the food & beverage, bakery, and confectionary sectors. Granulated Date sugar is mostly used for cookies, baked goods, cakes, pastries, muffins, jams, marmalades and more. When compared to granulated sugar, powdered sugar is a white material of date sugar that is more absorbent in nature. It is also used in baking and confectionery, though it is most found in dressings, relishes, sauces, and spreads. The market for powdered date sugar is being driven by rising consumption of confectionary and bakery food items. Because of its extended shelf life, date sugar syrup is becoming increasingly popular. Furthermore, it is a superior alternative to traditional granule or powdered sugar. The main causes driving demand for date sugar syrup include anti-crystal, anti-freezing and preservation characteristics. The key players in the market are AkzoNobel NV, Masco Corporation, Jotun A/s, The Valspar corporation, etc.
Asia Pacific sugar market outlook report provides an unbiased and detailed analysis of the market scenario on the basis of the market segmentation by application, end users, type, form and countries including Italy, Germany, Spain, Russia, France, India and rest of Asia Pacific. The market report covers the on-going Asia Pacific sugar market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Asia Pacific (APAC) sugar market is growing over the years principally due to increasing population, rising disposable income, and changing consumer preferences. The increasing demand for sweetened beverages and processed food products is also driving the market growth in the region. Additionally, some of the key trends in the Asia-Pacific sugar market include growing demand for natural and organic sugar. The consumers are increasingly seeking healthier and more natural sweeteners, leading to a rise in demand for organic and natural sugar products. Further, governments in the Asia-Pacific region are providing support to the sugar industry through subsidies, tax benefits, and other incentives, which is boosting the market growth. Moreover, the food and beverage industry in the Asia-Pacific region is growing rapidly, with a focus on the production of processed food and sweetened beverages. This is creating new opportunities for the sugar industry. In addition, the increasing awareness of health risks associated with excessive sugar consumption is driving the demand for sugar substitutes such as artificial sweeteners, stevia, and others. Additionally, advancements in sugar processing technologies and the introduction of new sugar products are also driving the growth of the Asia-Pacific sugar market.
Markets Covered
The market report covers the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Sugar Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Sugar Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific Sugar Market - Industry Life Cycle |
3.4 Asia Pacific Sugar Market - Porter's Five Forces |
3.5 Asia Pacific Sugar Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific Sugar Market Revenues & Volume Share, By Types, 2020 & 2027F |
3.7 Asia Pacific Sugar Market Revenues & Volume Share, By Form, 2020 & 2027F |
3.8 Asia Pacific Sugar Market Revenues & Volume Share, By End -Users, 2020 & 2027F |
3.9 Asia Pacific Sugar Market Revenues & Volume Share, By Sources, 2020 & 2027F |
4 Asia Pacific Sugar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Sugar Market Trends |
6 Asia Pacific Sugar Market, 2017 - 2027 |
6.1 Asia Pacific Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
6.2 Asia Pacific Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
6.3 Asia Pacific Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
6.4 Asia Pacific Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
7 China Sugar Market, 2017 - 2027 |
7.1 China Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
7.2 China Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
7.3 China Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
7.4 China Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
8 India Sugar Market, 2017 - 2027 |
8.1 India Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
8.2 India Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
8.3 India Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
8.4 India Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
9 Japan Sugar Market, 2017 - 2027 |
9.1 Japan Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
9.2 Japan Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
9.3 Japan Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
9.4 Japan Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
10 Australia Sugar Market, 2017 - 2027 |
10.1 Australia Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
10.2 Australia Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
10.3 Australia Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
10.4 Australia Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
11 Indonesia Sugar Market, 2017 - 2027 |
11.1 Indonesia Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
11.2 Indonesia Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
11.3 Indonesia Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
11.4 Indonesia Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
12 Philippines Sugar Market, 2017 - 2027 |
12.1 Philippines Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
12.2 Philippines Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
12.3 Philippines Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
12.4 Philippines Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
13 Thailand Sugar Market, 2017 - 2027 |
13.1 Thailand Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
13.2 Thailand Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
13.3 Thailand Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
13.4 Thailand Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
14 Malaysia Sugar Market, 2017 - 2027 |
14.1 Malaysia Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
14.2 Malaysia Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
14.3 Malaysia Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
14.4 Malaysia Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
15 Singapore Sugar Market, 2017 - 2027 |
16 Rest of Asia Sugar Market, 2017 - 2027 |
16.1 Rest of Asia Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
16.2 Rest of Asia Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
16.3 Rest of Asia Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
16.4 Rest of Asia Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
17 Asia Pacific Sugar Market Key Performance Indicators |
18 Asia Pacific Sugar Market - Opportunity Assessment |
18.1 Asia Pacific Sugar Market Opportunity Assessment, By Countries, 2020 & 2027F |
18.2 Asia Pacific Sugar Market Opportunity Assessment, By Types, 2020 & 2027F |
18.3 Asia Pacific Sugar Market Opportunity Assessment, By Form, 2020 & 2027F |
18.4 Asia Pacific Sugar Market Opportunity Assessment, By End -Users, 2020 & 2027F |
18.5 Asia Pacific Sugar Market Opportunity Assessment, By Sources, 2020 & 2027F |
19 Asia Pacific Sugar Market - Competitive Landscape |
19.1 Asia Pacific Sugar Market Revenue Share, By Companies, 2020 |
19.2 Asia Pacific Sugar Market Competitive Benchmarking, By Operating and Technical Parameters |
20 Company Profiles |
21 Recommendations |
22 Disclaimer |