Refined Cane Sugar Market Is Forecasted To Reach A Market Valuation Of US$ 109.3 Billion By 2033

Worldwide sales of refined cane sugar are forecasted to increase at 5.8% CAGR from 2023 to 2033. As such, the global refined cane sugar market is expected to increase from a valuation of US$ 61.9 billion in 2023 to US$ 109.3 billion by the end of 2033.

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Refined Cane Sugar market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.

Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Refined Cane Sugar market.

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Key Companies Profiled

  • Clariant International Ltd.
  • Coromandel International Ltd.
  • American Crystal Sugar Company
  • Raizen S.A.
  • Cosan SA
  • Shree Renuka Sugars Limited
  • E.I.D.-Parry (India) Limited
  • Associated British Foods Plc.
  • Tereos International Limited
  • Louis Dreyfus Company B.V.
  • Tongaat Hulett Sugar South Africa Limited

 Key findings of the Refined Cane Sugar market study:

  • Regional breakdown of the Refined Cane Sugar market based on predefined taxonomy.
  • Innovative manufacturing processes implemented by Refined Cane Sugar vendors in detail.
  • Region-wise and country-wise fragmentation of the Refined Cane Sugar market to grasp the revenue, and growth outlook in these areas.
  • Changing preferences among consumers across various regions and countries.
  • Factors (Positive and Negative) impacting the growth of the global Refined Cane Sugar market.

Competitive landscape

Leading refined cane sugar manufacturers are focusing on expanding their production capacity to meet increasing global demands and are also altering local supply trends in this process, which could have an indifferent impact on the overall market growth.

  • In November 2022, the president of Dangote Group, Aliko Dangote, announced his plans for the expansion of Dangote Sugar Refinery Plc by scaling up an investment of over US$ 700 million through the Backward Integration Programme. The company also announced plans to increase its sugar plantation area to meet its increased refined sugar manufacturing goals.
  • In May 2021, a joint venture between Cargill and Louisiana Sugar Growers and Refiners Inc. called Louisiana Sugar Refining LLC announced its plans to expand the operational capacity of its sugar refinery establishment in Gramercy, United States.

Top refined cane sugar suppliers are also expected to focus on collaborations, partnerships, and mergers to expand their business scope and fast-track the development of novel products.

  • In June 2022EID Parry, a sugar provider based in India, signed a partnership agreement with Nutrition Innovation, a food technology company. The agreement was made to manufacture Nucane a low GI sugar to meet the changing demands of consumers.

 Global Refined Cane Sugar Market: Segmentation

  • By Product Type :
    • Liquid Sugar
    • Powdered Sugar
    • Granulated Textured Sugar
    • Granulated Flavored sugar
    • Granulated Colored Sugar
    • Pulp
    • Others
  • By End User :
    • Food Processors
    • Livestock Feed Manufacturers
    • Retailers
    • Industrial Users
  • By Region :
    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

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Queries addressed in the Refined Cane Sugar market report:

  • Why are the Refined Cane Sugar market players targeting region for increased product sales?
  • What patented technologies are the players utilizing in the global Refined Cane Sugar market?
  • Which regions are displaying the fastest growth in the Refined Cane Sugar market?
  • What are the underlying micro-macroeconomic factors affecting the global Refined Cane Sugar market?

Why choose Fact.MR?

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