According to Markntel Advisors Report, Brown Sugar Market is expected to grow at a significant growth rate, and the analysis period is 2023-2028, considering the base year as 2022.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Brown sugar has emerged as a popular sweetener used in many different baked goods & culinary applications worldwide. It gains its brown color due to the presence of molasses, i.e., added to the traditional white sugar, and offers slightly more nutrients. As consumers worldwide turn to healthier alternatives, brown sugar is gaining traction for its health benefits that help boost energy levels, prevent the cold, reduce flatulence, improve digestion, and aid in weight loss, among others.
Global Brown Sugar Market Research Report & Summary:
The Global Brown Sugar Market size was valued at USD 15.31 Billion in 2022 and is projected to grow at a CAGR of around 8.33% during the forecast period, i.e., 2023-28.
Time Period Captured in the Report:
- Historical Years: 2018-21
- Base Years: 2022
- Forecast Years: 2023-28
Who are the Key Players Operating in the Brown Sugar Market?
The top companies of the Brown Sugar Market ruling the industry are:
Cargill Incorporated, American Crystal Sugar Company, Sudzucker AG, ASR Group, Tate & Lyle Sugars, Organic Tattva, Domino Foods Inc, Taikoo Sugar Limited, Savola Group, Cofco Tunhe Sugar Co. Ltd, Imperial Sugar, Raizen S.A., Stereos International Ltd, Nordic Sugar A/S, Lotus Health Group Co, Others
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What is Included in Brown Sugar Market Segmentation?
The Brown Sugar Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Product Type
- Light Brown- Market Size & Forecast 2018-2028, USD Million
- Dark Brown- Market Size & Forecast 2018-2028, USD Million
- By Form
- Powder- Market Size & Forecast 2018-2028, USD Million
- Granules- Market Size & Forecast 2018-2028, USD Million
- Other- Market Size & Forecast 2018-2028, USD Million
- By Application
- Bakery & Confectionary- Market Size & Forecast 2018-2028, USD Million
- Beverages- Market Size & Forecast 2018-2028, USD Million
- Dairy- Market Size & Forecast 2018-2028, USD Million
- Others- Market Size & Forecast 2018-2028, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Explore the Complete Brown Sugar Market Analysis Report – https://www.marknteladvisors.com/research-library/brown-sugar-market.html
Global Brown Sugar Market Dynamics:
Globally Rising Prevalence of Diabetes & Obesity: The rising prevalence of obesity, diabetes, & heart diseases has led consumers to seek sugar-free alternatives. According to the WHO (World Health Organization), about 422 million people worldwide have diabetes, the majority living in low- & middle-income countries, and 1.5 million deaths are directly attributed to diabetes each year. In addition, the WHO recommends that adults & children should restrict their sugar consumption to 10% of their total calorie intake. These aspects discourage the adoption of sugar in any form, impeding the growth of the Global Brown Sugar Market through 2028.
Global Brown Sugar Market Trend
Ever-Increasing Health and Wellness Awareness: The shift towards healthier lifestyles and the rising consumer awareness of the adverse effects of excessive refined sugar consumption has resulted in consumers seeking alternatives like brown sugar, i.e., often perceived as a more natural & less processed option. Its versatility in various recipes and the perception of being less harmful than refined sugar have made it a sought-after ingredient in culinary applications, i.e., positively influencing the brown sugar market dynamics.
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