The Raw Sugar Market is being driven by Rise in demand for raw sugar in food and beverage applications
The Raw Sugar Market is expected to grow at a CAGR of 2.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 152.7 million. The global raw sugar market has experienced notable growth due to the advent of e-commerce platforms. Major players in the e-commerce industry, including Amazon, Walmart, and Alibaba, have facilitated increased market access for raw sugar producers. These platforms serve as a global marketplace, enabling producers to sell their raw sugar products to a vast customer base worldwide. For instance, Walmart's online platform hosts a dedicated section for organic raw sugar, allowing customers to purchase from various brands. The convenience of e-commerce has made it possible for customers to buy raw sugar from the comfort of their homes, significantly increasing sales opportunities for producers.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
194 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.3% |
Market growth 2025-2029 |
USD 152.7 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
2.3 |
Key countries |
China, India, US, Japan, Germany, Brazil, UK, France, Canada, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Raw Sugar Market is influenced by various factors including price in cents per lb, cane producers, biofuel blending, and The Intercontinental Exchange. CFD financial instruments offer traders opportunities to speculate on sugar price movements. Sugar serves as a clean label, natural preservative, texture modifier, fermentation substrate, flavoring agent, and coloring agent in food industries. However, tariff barriers pose challenges to international trade. Bulking agents are used to improve sugar's flow properties.
The raw sugar market is characterized by various factors, including cents per lb, cane crop yield, biofuel ethanol production, and sugar output in metric tons. According to recent polls, market growth is projected to exhibit a small increase, with median estimates suggesting a positive trend. This growth can be attributed to the production mix shifting towards biofuel ethanol, which is becoming an increasingly significant market for raw sugar. The market's size is calculated based on the revenue generated from the sale of raw sugar in metric tons. It is essential to note that this market analysis pertains solely to raw sugar and does not include the manufacturing sector or food processing equipment vendors. The global raw sugar market is subject to various drivers, including the health benefits associated with the consumption of raw sugar in food processing for packaged foods and meats, which contribute significantly to extending their shelf life and eliminating microorganisms.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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