Asia-Pacific Cane Sugar Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Asia-Pacific cane sugar market is segmented by category into organic and conventional; by form into crystallized sugar and liquid syrup; by application into bakery and confectionery, dairy, beverages, and other applications; and by geography.

Market Snapshot

Asia-Pacific Cane Sugar Market Summary
Study Period:

2016 - 2026

Base Year:

2019

CAGR:

8.6 %

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Market Overview

The Asia-Pacific cane sugar market is projected to witness a CAGR of 8.6%, during the forecast period, 2020 - 2025.

  • The market is mainly growing owing to the abundance of sugarcane availability, coupled with other properties, such as better flavor and caramelization which are superior to beet sugar. Also, innovations in the existing conventional sugar, such as brown cane sugar, which consists of added molasses to enhance flavor and appearance, by the leading global players and the small domestic players have fueled the market growth.
  • The utilization of sugar has also increased, and the domestic necessities in the nation are met by both domestic production and imports.

Scope of the report

The Asia-Pacific cane sugar market has been segmented by category into organic and conventional; by form into crystallized sugar and liquid syrup; and by application into bakery and confectionery, dairy, beverages, and other applications. Also, the study provides an analysis of the cane sugar market in the emerging and established markets across the region, including China, Japan, India, Australia, and Rest of the Asia-Pacific.

Category
Organic
Conventional
Form
Crystallized Sugar
Liquid Syrup
Application
Bakery and Confectionery
Dairy
Beverages
Other Applications
Geography
China
Japan
India
Australia
Rest of Asia-Pacific

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Key Market Trends

Increasing Sugarcane Production in India

The sugarcane production in India is set to increase from seven-year low, as the area planted for cane increases and rains boost yields in the world’s top consumer. Production was expected to total 25.886 million metric ton in 2018 crop year; this is expected to be the first such increase in three years and it is also going to be the highest since 2014-2015 when India produced 28.3 million metric ton, according to data compiled by the Indian Sugar Mills Association.

asia-pacific-cane-sugar-market

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Increased Trade of Organic Cane Sugar

Organic cane sugar has witnessed a rise in export and import. Despite overall sugar consumption criticism, organic sugar offers key attributes that are drivers of consumer demand growth. These attributes include its availability, texture, cost, eco-friendliness, nutrition benefits and rich sugarcane flavor over regular conventional cane sugar. As organic cane sugar retains all of the nutrients found in its original state, it also has a special molasses aroma that attracts the consumers. Few countries such as the United States, where there is no significant source of organic cane sugar capable of supporting domestic demand and the estimated consumption of total sugar in the country is approximately 200,000MT of in 2019, therefore, most organic cane sugar marketed in the country (both in retail and as an ingredient) is imported. 
 

asia-pacific-cane-sugar-market

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Competitive Landscape

The Asia-Pacific cane sugar market is fragmented, owing to the presence of large regional and domestic players in different countries. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies, along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Some of the major players in the Asia-Pacific cane sugar production are Global Organics Ltd, Louis Dreyfus Company BV, Wilmar Sugar Australia Limited, Nanning Sugar Industry, Rana Sugars Limited, among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Category

      1. 5.1.1 Organic

      2. 5.1.2 Conventional

    2. 5.2 Form

      1. 5.2.1 Crystallized Sugar

      2. 5.2.2 Liquid Syrup

    3. 5.3 Application

      1. 5.3.1 Bakery and Confectionery

      2. 5.3.2 Dairy

      3. 5.3.3 Beverages

      4. 5.3.4 Other Applications

    4. 5.4 Geography

      1. 5.4.1 China

      2. 5.4.2 Japan

      3. 5.4.3 India

      4. 5.4.4 Australia

      5. 5.4.5 Rest of Asia-Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Global Organics Ltd

      2. 6.3.2 Louis Dreyfus Company BV

      3. 6.3.3 Wilmar Sugar Australia Limited

      4. 6.3.4 ASR Group International Inc.

      5. 6.3.5 Tate & Lyle PLC

      6. 6.3.6 Rana Sugars Limited

      7. 6.3.7 Rajshree Sugars

      8. 6.3.8 Nanning Sugar Industry

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Asia-Pacific Cane Sugar Market market is studied from 2016 - 2026.

The Asia-Pacific Cane Sugar Market is growing at a CAGR of 8.6% over the next 5 years.

  • Global Organics, Ltd.
  • Louis Dreyfus Company B.V.
  • Wilmar Sugar Australia Limited
  • Tate & Lyle plc
  • ASR Group International, Inc.

Are the major companies operating in Asia-Pacific Cane Sugar Market.

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