Brown Sugar Market Overview
Brown Sugar is a sucrose sugar product with a distinctive brown color due to the presence of molasses. The presence of molasses gives a soft texture. Brown sugar is crystalline sucrose combines with molasses. It is either an unrefined or partially refined soft sugar consisting of sugar crystals with some residual molasses content (natural brown sugar), or it is produced by the addition of molasses to refined white sugar.
The rising demand for bakery products in urban areas is likely to be a major driver for the global brown sugar market. The demand for beverages in particular has increased dramatically due to the growing demand from urban areas, where sweetened beverages have become increasingly popular, and is going to be a key driver for the brown sugar market in the forecast period. The growing demand for energy drinks and fruit-flavored or fruit-based beverages is likely to remain a key driver for the brown sugar market, since the molasses content of brown sugar and its brown color usually make it unpopular for using it as table sugar in households.
Brown Sugar Market Forecast Report (2018-2023)
Global Brown Sugar market size was around USD 19.26 billion in 2018. It is expected to grow at a CAGR of 7.4% to reach USD 27.52 billion by 2023.
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Brown Sugar Market Segmentation
The global Brown Sugar market is segmented based on type into light brown sugar and dark brown sugar. Based on application, the market is divided into bakery, confectionary, ice-creams and beverages. By distribution channel, the market is categorized into hypermarkets and supermarkets, convenience stores, retailers and speciality stores.
By geography, the global Brown Sugar market has been categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The major companies dominating this market for its products and services are
- Tate & Lyle
- Imperial Sugar
- Nordic Sugar A/S
- C&H Sugar
- American Crystal Sugar
- Domino Sugar
- Wholesome Sweeteners
- Lotus Health Group
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