Market Research Future (MRFR) has published on the “Global Organic Granulated Sugar Market”.
The Organic Granulated Sugar market is estimated to register a CAGR of 8.00% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Organic Granulated Sugar market— Wholesome Sweeteners, Imperial Sugar Company, Tate & Tyle, C&H Sugar, Domino Sugar, Taikoo Sugar, Florida Crystals Corporation, Nordzucker AG, Nordic Sugar.
Organic Granulated Sugar Market Highlights
The global Organic Granulated Sugar market is accounted to register a CAGR of 8.00% during the forecast period and is estimated to reach Significant Value by 2032.
The market for organic granulated sugar has witnessed significant growth, propelled by a surge in consumer demand for natural and organic food options. Health-conscious consumers are increasingly choosing organic granulated sugar as a cleaner and more sustainable alternative to conventional refined sugars. The market benefits from the rising awareness of the environmental impact of conventional farming practices, leading consumers to opt for products sourced from organically grown sugar cane.
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Segment Analysis
The global Organic Granulated Sugar market has been segmented based on type and application.
On the basis of type, the market is segmented into Sugar Cane Source and Sugar Beets Source. The sugar cane source segment was attributed to holding the largest market share in 2022, due to their inherent association with organic and sustainable farming practices.
Based on application, the global Organic Granulated Sugar market has been segmented into Bakery, Beverages, Confectionery, Ice Cream and Dairy and Others. The bakery segment was expected to hold the largest market share in 2022, due to the increasing consumer preference for healthier and organic ingredients in baked goods.
Regional Analysis
The global Organic Granulated Sugar market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Organic Granulated Sugar market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Organic Granulated Sugar market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Organic Granulated Sugar market comprises of Middle East, Africa, and Latin America.
The largest market share for Organic Granulated Sugar was maintained by the North American regional sector. This increase is attributed to a significant shift in consumer preferences towards healthier and more sustainable food choices. The increasing awareness of the environmental impact of conventional agriculture has led consumers to opt for organic products, including sugar. Additionally, the rising concern about the use of synthetic pesticides and genetically modified organisms has fueled the demand for organic alternatives. The emphasis on clean-label and transparent sourcing practices further propels the growth of the organic granulated sugar market in North America.
Moreover, the Europe market has been persistently growing over the forecast period. The demand for Organic Granulated Sugar is driven by a discerning consumer base placing a strong emphasis on sustainable and environmentally friendly food choices, resulting in an increased demand for organic and ethically sourced sweeteners.
Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period due to a rising awareness of health and wellness, prompting consumers to seek natural and organic alternatives. The region's increasing disposable income, coupled with a growing focus on sustainable and ethical consumption, further propels the demand for organic granulated sugar as a preferred choice in food and beverage applications.
Furthermore, the rest of the world's Organic Granulated Sugar market is divided into the Middle East, Africa, and Latin America. This growth is attributed to a rising awareness of health-conscious consumer preferences and a growing demand for natural and organic food products. The shift towards organic granulated sugar in the MEA region is fueled by a desire for clean-label options, ethical sourcing, and a commitment to environmental sustainability.
Key Findings of the Study
- The global Organic Granulated Sugar market is expected to reach USD XX billion by 2032, at a CAGR of 8.00% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market due to rising consumer awareness of health and sustainability, driving the demand for clean and organically produced sweeteners.
- Based on type, the sugar cane source segment was attributed to holding the largest market in 2022, with an approximate market share of 45–60%.
- Wholesome Sweeteners, Imperial Sugar Company, Tate & Tyle, C&H Sugar, Domino Sugar, Taikoo Sugar, Florida Crystals Corporation, Nordzucker AG, Nordic Sugar.
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Companies Covered | 15 |
Pages | 128 |
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