MRFR Year End Sale
Organic Sugar Market Research Report - Forecast till 2030

Organic Sugar Market Research Report: Information By Source (Sugarcane, Sugar Beet and Others), By Application (Bakery & Confectionery, Beverages, Dairy & Frozen Desserts, Sweet & Savory Snacks and Others) - Forecast till 2030

ID: MRFR/F-B & N/2899-CR | February 2021 | Region: Global | 100 Pages         

Organic Sugar Market

The organic sugar market, according to MRFR, is projected to register a CAGR of 14.89% and reach USD 3.55 Billion by 2030.

Segmentation

By Source Sugarcane Sugar Beet
By Application Bakery & Confectionery Beverages Dairy & Frozen Desserts Sweet & Savory Snacks

Key Players

  • Tereos S.A.
  • Südzucker AG
  • Pronatec AG
  • Jalles Machado S / A
  • Cosan Ltd.

Drivers

  • Nutritional benefits associated with organic sugar
  • Free from harmful pesticides
  • Growing demand for organic food
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Organic Sugar Market Overview


The Organic Sugar Market is expected to record a CAGR of 14.89% and grow at the value of USD 3.55 Bn by 2030. Organic sugar preparations are captivating over the sugar market as a substitute for consistent sugar with high calories. There are several kinds of naturally obtained sugars that anyone can easily obtain from the market. Organic sugars are more widespread nowadays because of a drive toward an improved routine in people.


Organic sources of sugars have been in existence for decades. However, for all other organic goods, the marketable production of organic sugars has increased. Organic sugar is more healthy than normal packed sugar. Now that people are searching for the 100 % organic tag and becoming more calorie-aware, organic sugars are substituting normal bottles of sugar. Starting from diabetic affected to gym fans, the figure of people swapping to organic sugars has been rising. People are not only searching for the details about the food they are eating, but they search for the ingredient as well.


There are several important operators of the Organic Sugar Market in the predicted period. The main aspect of donating to the development of the market is government strategies aiding the manufacture and sale of organic goods. Governments are encouraging the manufacture of natural, organic goods in small-scale businesses. Rather than that, people leaning in the direction of natural and 100 % organic goods is also tempting the development of the organic sugar business. 


Strict guidelines on the sale of organic goods consisting of organic sugars are a limit under which the organic sugar market must work. These limits are essential for quality guidelines of organic sugar. But, the main manufacturers of organic sugars are capable of producing.



Covid 19 Impact


The COVID 19 pandemic did not leave any sector of the commercial market untouched. A lot of modern trends in the market arise from the after-effects of COVID 19. COVID 19 pandemic’s initial impact was the disruption of production and economic slowdown. Many sectors of the market suffered an unprecedented loss due to the slowdown. In the context of the organic sugar market, the impact of COVID 19 was also slowing down in the initial period. However, with later waves, as the market started to adapt, trends of growth became visible.


The initial movement was towards decline because of the loss of production and workforce. However, the pandemic has also pushed people towards a more health-conscious lifestyle. Therefore, with the help of the e-commerce sector, the organic sugar market was able to record growth even with consequent waves of a pandemic. The mentality to stay healthy and switch to a more organic lifestyle is here to stay.


Thus, even when the pandemic is over, the demand for organic sugar will remain high. Growth in the consumer mindset of people and a tendency to eat natural products will drive the growth of the organic sugar market post-pandemic. From small-scale, home-run businesses to large-scale supermarket chains, every venture is looking at organic sugar as an opportunity for revenue growth.


Market Dynamics 


Key Drivers


There are many key drivers of the organic sugar market in the forecast period. The biggest factors contributing to the advancement of the market are government policies supporting the production and sale of organic products. Governments are promoting the production of natural, organic products in small-scale industries. Apart from this, people’s inclination towards natural and 100 percent organic products is also inducing the growth of the organic sugar industry. For example, major nations around the world like India, Mexico, Uganda, Australia, and the USA are investing considerably well in organic farming. Organic farming and food production is a global trend.


Significant Opportunities


There are many significant opportunities for the organic sugar market to secure growth. Growth in the number of producers engaged in organic farming and organic production is a significant opportunity for the market as a whole. The majority of farmers and large-scale producers too are opting for no pesticides and no chemicals in the growth of sugar crops. Apart from this, the affordability of high-end, healthier alternatives for citizens has also increased. People are now ready to spend more than they used to on food staples with higher nutritious value. Thus, it is a good opportunity for organic fortified sugar market growth.


Major restraints


Strict regulations around the sale of organic products, including organic sugars, is a restraint that the organic sugar market has to work under. These restraints are necessary for quality regulation of organic sugar. However, major producers of organic sugars are able to produce under them.


Major Challenges


One of the biggest challenges remaining in the organic sugar market is the presence of high prices of organic sugars. Even though most people are able to afford higher-priced organic sugars, there are certain sections that still depend on low-priced commercial sugar as essentials. High prices of organic sugars make them only available to well-off people and rich families. This divide may fill up with an improvement in the financial conditions of the working class.


Cumulative Growth Analysis


The holistic expansion of the organic sugar market has promising prospects in the forecast period. According to this global market forecast, the growth rate of the global market size will reach a double-digit number of 16.30 percent. Thus, the global market will register a healthy CAGR in the forecast period.


The market has recovered from the immediate slowdown of the pandemic and will grow into a billion-dollar industry. The CAGR projected in is higher than the one registered in 2019, in the pre-pandemic phase. Thus, market players can be sure of organic sugar market growth in the coming years.


Segment Analysis


The organic sugar market divides into different segments based on various criteria. The two main criteria for global market segments are source and applications. By source, the global market segments are sugar cane and sugar beet. While the sugar cane sector has been a major contributor till now, the sugar beet sector will emerge as the main sector of the global market.


In the Organic Sugar Market Analysis, another major criterion of segmentation is application. According to the Organic Sugar Industry Outlook, the application sector is divided into segments of bakery and confectionery products. Another major sector with considerable global Market share is on-the-go food items. People these days prefer to eat on the go because of their busy lives. On the other hand, the sweet and savory segment will register the highest Global Market.


Regional Analysis


There are different regions that contribute to organic sugar market growth.  In this section, global market analysis by region is mentioned. There are five main regional markets that contribute to organic sugar industry share.  The regional markets are North America, Europe, Asia Pacific, Latin America, and the Rest of the World.


In the forecast period, the Asia Pacific region will register the highest CAGR. The European region will also show significant growth in organic sugar market size.  By consumption, the USA will emerge as a major consumer of organic sugar as it switches to organic sugar for healthier populations. These developments will influence global market trends in the next few years.


Competitive Landscape


There are many key players of the Organic Sugar Market that contribute to the Market Revenue. These major players of the Organic Sugar Industry are not only part of this Market Analysis but also influence major global Market Trends.


The major players of the Organic Sugar Market Landscape are:



  • Tereos S.A.

  • Südzucker AG

  • Pronatec AG

  • Jalles Machado S / A

  • Cosan Ltd.


These companies are major stakeholders in the annual Organic Sugar Market Revenue and growth rate. There are some recent developments of the Organic Sugar industry mentioned in the next section.


Recent Developments


Wana Brands, the manufacturer of an eatable company, substituted high fruit sugar syrup with tapioca syrup as an organic substitute. While the syrup substitute was expensive, it also aided in extending the international market.


Report Overview


The Organic Sugar Market Outlook is as follows-



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Segment Overview

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


The market research report on Organic Sugar Market gives a brief overview before delving into the factors of growth for the sector as a whole. It also discusses the impact of COVID 19 on the organic sugar production industry to predict future trends. Moreover, the report also discusses the regional and industrial segmentation of global Market share for a better understanding of future growth prospects. The report discusses the competitive ecosystem of the industry before putting recent developments of the market into view.



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 3.55 billion
  CAGR   14.89%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Source, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Tereos S.A. (France), Südzucker AG (Germany), Pronatec AG (Switzerland), Jalles Machado S / A (Brazil), Cosan Ltd. (Brazil), Nordzucker AG (Germany), Bunge Limited (US), Lexem India Pvt. Ltd. (India), LOC Industries, Inc. (US), Azucarera La Felsina S.A. (Paraguay)
  Key Market Opportunities   Growing Product Innovations to Create Growth Avenues for Market Players
  Key Market Drivers   Growing Health Consciousness Among Consumers Drives Market Growth


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Frequently Asked Questions (FAQ) :

Organic sugar market is projected to grow at a 14.89% CAGR between 2022-2030.

Organic sugar market is predicted to touch USD 3.55 billion by 2030.

Europe is expected to dominate the organic sugar market.

Organic sugar is widely used in beverages, bakery and confectionery, dairy and frozen desserts, and others.

Rising adoption of healthy lifestyle is a key factor driving the organic sugar market.