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The Chinese Cane Sugar Market Is Segmented by Category (Organic and Conventional), by Form (Crystallised Sugar and Liquid Syrup) and by Application (Bakery and Confectionery, Dairy, Beverages, and Other Applications)
The Chinese cane sugar market is projected to register a CAGR of 3.5% during the forecast period.
The Chinese cane sugar market has been segmented by category into organic and conventional. The market is divided based on form into crystallized sugar and liquid sugar syrup. Based on the application, the market is segmented into bakery and confectionery, dairy, beverages, and other applications.
|Bakery and Confectionery|
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Growing population, increasing disposable income, and changes in cultural habits are driving sugar consumption in this region. The production of cane sugar is increasing due to the demand from various industries, such as beverages, dairy, bakery, and confectionery. In dairy products, functional properties of sugar include mouthfeel, taste, reduction of freezing point, and water-binding. Sugar is also a key component of the firmness of dairy products, impacting the flow and thermal characteristics (for example, viscosity, osmolality, water mobility, and freezing point depression) during and after processing. Intakes of soft drinks, colas, other sweetened carbonated beverages, and fruit drinks with added sugar have increased dramatically, especially among youth.
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The bakery and confectionery sector witnessed an upsurge trend in the usage of sugar owing to the properties it imparts in the finished products. Sugar is an important contributor to flavor by interacting with other ingredients. Depending on the food application, sugar has the unique ability to heighten flavor or depress the perception of other flavors. It is widely utilized due to the multi-functionalities, such as extending the shelf life of bakery products, slowing moisture loss, and preventing staleness in baked goods. The demand for sugar confectionery is also increasing owing to the growth of the cane sugar market as it is used as the primary ingredient and offers a unique flavor.
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The Chinese cane sugar market is consolidated with the major players holding the maximum share in the market. The key strategies adopted by the companies are mergers and acquisitions, partnerships, and expansion. The major players are COFCO Tunhe Co. Ltd, Louis Dreyfus Company B.V., Tereos International Limited, and Nanning Sugar Industry.
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
3.1 Market Overview
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.2.1 Crystallized Sugar
5.2.2 Liquid Syrup
5.3.1 Bakery and Confectionery
5.3.4 Other Applications
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 COFCO Tunhe Co., Ltd
6.3.2 Louis Dreyfus Company B.V.
6.3.3 Tereos international limited
6.3.4 Boettger Zucker
6.3.5 Nanning Sugar Industry
7. MARKET OPPORTUNITIES AND FUTURE TRENDS