Global Brown Sugar Syrup Market - Industry Trends and Forecast to 2029

Brown Sugar Syrup Market Analysis and Size

Growing awareness of the health benefits of organic products, as well as demand for more natural ingredients in food and beverages, are expected to drive market growth over the forecast period. This increase in consumption is largely driven by consumers' growing preference for healthier alternatives such as low-sugar or no-added-sugar products.

Data Bridge Market Research analyses that the brown sugar syrup market which was valued at USD 12.57 billion in 2021 is expected to reach the value of USD 24.14 billion by 2029, at a CAGR of 8.50% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Brown Sugar Syrup Market Scope and Segmentation

Market Definition

Brown sugar is a type of sugar that has a brown colour because it contains molasses. Brown sugar can be produced naturally or commercially by adding molasses. Brown sugar is produced either directly from cane juice or during the refining of raw sugar.

Drivers:

• Growing adoption of brown sugar due to its positive attributes on health

The recent expansion of the food and beverage industry in urban areas has been a major driver of the global brown sugar syrup market. The growing demand for beverages in urban areas, where sweetened beverages are becoming increasingly popular, has boosted demand for beverages in particular. This demand is expected to remain a major driver of the brown sugar syrup market in the future. Given that brown sugar contains molasses and is typically unpopular for regular household use as table sugar due to its brown colour and increased demand for fruit-based energy drinks and beverages, this trend is expected to continue.

• Collaborations, mergers, and acquisitions among key players are expanding product profile in the market

Key players in the global brown sugar syrup market pursue collaborations, mergers, and acquisitions to expand their global footprints and product portfolios. To meet the growing demand for brown sugar syrup around the world, major manufacturers are focusing on developing strong distributor and supplier networks. Bioplastics and biodegradable materials have emerged as the preferred solution among brown sugar producers worldwide.

Opportunity

The rising consumer awareness of the benefits of brown sugar consumption is expected to generate lucrative opportunities for the market, further expanding the brown sugar syrups market's growth rate in the future. Brown sugar improves blood circulation and platelet formation. Brown sugar contains more additives than white sugar, including iron, calcium, magnesium, and potassium. Brown sugar is used to sweeten a variety of prepared foods and beverages, sauces, and marinades.

Restraints

The market for brown sugar syrup is expected to experience growth restraints due to consumers' growing preference for sugar-free products and their growing concern about health issues such as obesity, diabetes, and heart disease. Furthermore, the World Health Organization (WHO) recommends that adults and children limit their sugar intake to 10% of total calorie intake, which reduces global demand for brown sugar syrup.

This brown sugar syrup market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the brown sugar syrup market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Brown Sugar Syrup Market

The brown sugar market was severely impacted by the COVID-19 outbreak. The global production has suffered as a result of the lockdown, which will exacerbate the current manufacturing slump and trade uncertainty. The global supply chain of the industry was severely harmed, limiting the industry's growth. The strike harmed global output and exacerbated trade uncertainty and the current manufacturing slump. The pandemic had little effect on the operations of the food and beverage sector, but its global supply chain was severely disrupted, preventing further growth. The shutdown of the industrial and commercial sectors had an impact on global demand for brown sugar. The COVID-19 outbreak slowed supply chain, manufacturing, and production.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Brown Sugar Syrup Market Scope

The brown sugar syrup market is segmented on the basis of texture, end-user, distribution channel, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Texture

• Dark Brown Sugar
• Light Brown Sugar
• Regular Brown Sugar

End use

• Hotels
• Restaurants
• Café
• Lounges
• Pharmaceutical Industry
• Residential Sector
• Cosmetic Industry

Distribution channel

• Offline Distribution Channel
• Online Distribution Channel

Application

• Bakery Products
• Beverages
• Dairy Products
• Confectionery Products
• Medicinal Products

Brown Sugar Syrup Market Regional Analysis/Insights

The brown sugar syrup market is analysed and market size insights and trends are provided by country, texture, end-user, distribution channel, and application as referenced above.

The countries covered in the brown sugar syrup market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the brown sugar syrup market due to rising sugar content in daily diets.

Asia-Pacific is expected to grow from 2022 to 2029 due to rising consumption of bakery and confectionery products, as well as growth in the region's food and beverage sector.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Brown Sugar Syrup Market Share Analysis

The brown sugar syrup market competitive landscape provides details by competitor. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to brown sugar syrup market.

Some of the major players operating in the brown sugar syrup market are:

• Imperial Sugar (U.S.)
• American Crystal Sugar (U.S.)
• Sudzucker AG (Germany)
• ASR Group (U.S.)
• Sunshine Sugar (South Africa)
• Tate & Lyle (U.K.)
• DOMINO FOODS INC (U.S.)
• Garrett Ingredients (U.K.)
• Billington Food Group (U.K.)
• Organic Tattva (India)
• Mantra Organic (India)
• Nordzucker (Germany)
• Cargill, Incorporated (U.S.)
• Taikoo Sugar Limited (China)
• Wholesome Sweeteners Inc (U.S.)
• Raizen (Brazil)

SKU-56492