Market Forecast by Countries (United States, Canada), 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: ETC059837 | Publication Date: May 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America Sugar Market is anticipated to register sound growth prospects in the coming time zone. The market is primarily developing as a result of the abundant supply of sugarcane, as well as other advantages over beet sugar, such as improved flavor and caramelization. In addition, top North America businesses as well as minor domestic companies have innovated in existing conventional sugar, such as brown cane sugar, which contains added molasses to increase flavor and look. Organic cane sugar has seen a huge increase in demand because to its nutritional benefits over standard conventional cane sugar, according to the segmentation font. However, due to the development of better sugar substitutes such as coconut sugar and stevia, as well as regulations imposed by regulatory bodies and health organizations due to its negative health effects, such as the American Heart Association, which recommends limiting added sugar intake to less than 6 teaspoons (24 grams) per day for women and less than 9 teaspoons (36 grams) per day for men, the American Heart Association recommends limiting added sugar intake to less than 6 teaspoons (24 grams) per day for men. The key drivers are driven by rising disposable incomes, urbanization and changing food habits, the demand for sugar-based products in developing markets, like Canada and Mexico. The COVID-19 lockdown would have a tremendous impact on sugar consumption. Because ice cream, cold drinks, and confectionary are made less during this time, there is expected to be a significant drop in sugar demand from the general public.
According to 6Wresearch, North America Sugar Market size is anticipated to register growth during 2021-2027. The natural sugar is low caloric sweeteners extracted from plants such as stevia, monk fruits and other and is 200 times sweeter than sugar. These benefits associated with sugar substitutes and their organic benefits have augmented the growth of the market. United States’s population is estimated at 403 million and with a per capita consumption of 33.6 kilograms that equals 14.46 million tons of sugar use. The leading growth countries in United States are Canada, Mexico and the United States of America, (U.S.), with a combined population of just over 400 million.
The market is segmented into three categories: White, Brown, and Liquid. The market is divided into three types of forms: granulated, powdered, and syrup. Granulated sugar is the most widely utilized variety of industrial sugar used in United Statesn countries. Sugar imports account for 19.2 percent of domestic demand, but exports account for only 2.7 percent of industry earnings due to higher commodity prices than in United States. The worldwide supply chain disruption induced by the coronavirus, on the other hand, may have an impact on imports, reducing import competition for the industry. The key players in United Statesn market are dominated by companies like Cargill Incorporated, Archer Daniel Midland, Raizen SA, Sudzucker AG, Tereos, Nordzucker Group AG, Tongaat Hulett Group, Illovo Sugar (Pty) Ltd, Dangote Group, and E.I.D Parry Limited.
North America Sugar Market report thoroughly covers the market by product type, distribution channels, and countries including United States and Canada. North America Sugar Market outlook report provides an unbiased and detailed analysis of the on-going United Statesn 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.
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 North America Sugar Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Sugar Market Revenues & Volume, 2020 & 2027F |
3.3 North America Sugar Market - Industry Life Cycle |
3.4 North America Sugar Market - Porter's Five Forces |
3.5 North America Sugar Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 North America Sugar Market Revenues & Volume Share, By Types, 2020 & 2027F |
3.7 North America Sugar Market Revenues & Volume Share, By Form, 2020 & 2027F |
3.8 North America Sugar Market Revenues & Volume Share, By End -Users, 2020 & 2027F |
3.9 North America Sugar Market Revenues & Volume Share, By Sources, 2020 & 2027F |
4 North America Sugar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Sugar Market Trends |
6 North America Sugar Market, 2017 - 2027 |
6.1 North America Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
6.2 North America Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
6.3 North America Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
6.4 North America Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
7 North America Sugar Market, 2017 - 2027 |
7.1 North America Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
7.2 North America Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
7.3 North America Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
7.4 North America Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
8 United States Sugar Market, 2017 - 2027 |
8.1 United States Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
8.2 United States Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
8.3 United States Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
8.4 United States Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
9 Canada Sugar Market, 2017 - 2027 |
9.1 Canada Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
9.2 Canada Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
9.3 Canada Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
9.4 Canada Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
10 North America Sugar Market, 2017 - 2027 |
10.1 North America Sugar Market, Revenues & Volume, By Types, 2017 - 2027 |
10.2 North America Sugar Market, Revenues & Volume, By Form, 2017 - 2027 |
10.3 North America Sugar Market, Revenues & Volume, By End -Users, 2017 - 2027 |
10.4 North America Sugar Market, Revenues & Volume, By Sources, 2017 - 2027 |
11 North America Sugar Market Key Performance Indicators |
12 North America Sugar Market - Opportunity Assessment |
12.1 North America Sugar Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 North America Sugar Market Opportunity Assessment, By Types, 2020 & 2027F |
12.3 North America Sugar Market Opportunity Assessment, By Form, 2020 & 2027F |
12.4 North America Sugar Market Opportunity Assessment, By End -Users, 2020 & 2027F |
12.5 North America Sugar Market Opportunity Assessment, By Sources, 2020 & 2027F |
13 North America Sugar Market - Competitive Landscape |
13.1 North America Sugar Market Revenue Share, By Companies, 2020 |
13.2 North America Sugar Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |