Industrial Sugar Market worth US$ 71.7 Billion 2029 with a CAGR of 5.2%
Industrial Sugar Market is projected to grow from US$ 45.1 billion in 2019 to US$ 71.7 billion by 2029. The global industrial sugar market is expected to register moderate growth over the forecast period. This is attributed to increasing demand for industrial sugar from end-use applications such as confectionary, cereal, dairy, bakery, pharmaceutical, and beverage industries.Re-use of by-products such as bagasse, mud or filter cake of industrial sugar is expected to create lucrative growth opportunities for new as well as existing players to gain competitive edge. The report " Industrial Sugar Market, by Type (White Sugar, Brown Sugar, and Liquid Sugar), by Form (Granulated, Powdered, and Syrup), by Application (Dairy, Bakery, Confectionery, Beverage, Canned and Frozen Foods, Pharmaceuticals, and Other Food Items), by Source (Cane Sugar and Beet Sugar), and Region - Forecast to 2029" Key Highlights : · ...