Global Powdered Sugar Market Analysis By Trends Segment Revenue Forecast to 2025

9-sep-19 The global powdered sugar market size is expected to reach USD 7.49 billion by 2025, according to a new report. The market is estimated to register a CAGR of 4.2% from 2019 to 2025. Increasing consumption of bakery and confectionery food products is the key factor driving the market.

Powdered sugar has many applications in bakery products, such as brownies, pound cakes, muffins, cookies, and donuts. Conventional product type was the largest segment in 2018 and accounted for a share of more than 73%. Conventional product is produced from sugarcane or sugar beets. Thus, easy production process and relatively low prices are estimated to drive their demand, thereby supporting segment growth.

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However, conventional powdered sugars undergo refining process to remove the molasses that also strips down the vitamins and minerals. This may have a slightly negative impact on its demand. Bakery was the largest application segment in 2018 and will remain dominant even during the forecast period due to extensive product usage in the production various bakery products.

Further key findings from the report suggest:

• Organic product type is projected to ascend at the fastest CAGR of 4.7% over the forecast years

• Bakery application led the global powdered sugar market in 2018 accounting for a revenue share of more than 33%

• North America was the dominant regional market in 2018 and is projected to expand further at a steady CAGR from 2019 to 2025

• The industry is highly competitive in nature. Key companies include Sudzucker United Kingdom Ltd.; Tate & Lyle Sugars; Cargill, Inc.; Imperial Sugar; Nordic Sugar A/S; and American Crystal Sugar Company

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights

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Chapter 3. Powdered Sugar Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis

Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations

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