Market Size of Brown Sugar Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 8.13 % |
| Fastest Growing Market | Europe |
| Largest Market | Asia-Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Brown Sugar Market Analysis
The global brown sugar market is projected to register a CAGR of 8.13% over the next five years.
- The brown sugar market is growing with the rising demand from various sectors of the food and beverage industry. Therefore, it is anticipated that it will continue to increase over the coming years. White sugar crystals that have been sufficiently refined to allow precise control of the sugar crystal to molasses ratio and lower manufacturing costs are typically used to make brown sugar.
- The molasses in the brown sugar created in this manner may be easily separated from the crystals to produce white sugar, but it is frequently rougher than its unprocessed counterpart. There are several food-related applications for brown sugar, including dairy, baking, and other uses.
- As disposable incomes have increased in developed economies, there is a greater demand for upscale consumer products like baked products, enhancing their relevance to the food and beverage industry. The bakery industry prefers brown sugar over regular sugar due to its hygroscopic properties and the presence of molasses, which is anticipated to boost demand for brown sugar in the future.
- The rise of the health-conscious population, which is searching for healthier alternatives to white sugar, will also support the expansion of this market.
- Since brown sugar has been determined to be healthier than white sugar, customers may prefer brown sugar to white sugar, which would help this market grow over time. Organic brown sugar is produced by adding sugarcane molasses to completely refined white sugar crystals at the right proportion and ratio of molasses content. There are different types of organic brown sugar, and each of these types is redefined by a higher or lower molasses content.
