Brown Sugar Market - Forecast(2024 - 2030)

Report Code: FBR 31152 Report Format: PDF + Excel

Brown Sugar Market Overview

Brown Sugar Market size is estimated to reach $26.4 billion by 2027, growing at a CAGR of 7.9% during the forecast period 2022-2027. Brown sugar can be demarcated as brown-colored, sucrose sugar manufactured by mixing molasses and white sugar with each other; only molasses derived from sugar cane is added to refined sugar crystals during the manufacturing process, not the beer sugar molasses. Brown sugar is also called muscovado in countries like the Philippines and Mauritius. Molasses is a primary source of nutrients present inside brown sugar. Brown sugar contains nearly 380 calories and 98g of carbohydrates per 100 grams. Besides disaccharide sucrose, it is home to glucose and monosaccharide fructose. Both brown and regular (table) sugar extend the same quantity of calories per tablespoon (17.5), it is only distinctive flavor, color, and moisture content that separates them from each other. Brown sugar is commonly categorized into soft light and dark brown and has extensive applications in confectionery and bakery items. Expanding demand for bakery and confectionery products, diversifying cuisine culture, changing tastes and preferences, appealing tastes, spiking demand for organic sugar, and rising disposable incomes are factors set to drive the growth of the Brown Sugar Market for the period 2022-2027.

Report Coverage

The report: “Brown Sugar Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Brown Sugar Market.

By Type: Light and Dark Brown.
By Nature: Organic and Conventional.
By Form: Powder, Granules, and Syrup.
By Application: Dairy products, Sauces, Beverages, Confectionery and bakery, and Medicines.
By Distribution Channel: Offline (Supermarkets/Hypermarkets, Convenience stores, Brick-and-Mortar) and E-commerce channels.
By End User: Households, Hospitality venues (Restaurants, Hotels, cafes, and Others), Cosmetics and Pharmaceutical industry.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).

Key Takeaways

  • Geographically, the Asia-pacific Brown Sugar Market accounted for the highest revenue share in 2021. The growth is owing to high production in countries like Indonesia, China, Vietnam, Thailand, and India due to factors like tropical climate, high consumption, and surging demand for confectionery and bakery items.
  • Health benefits such as anti-aging properties and comforting menstrual cramps, Multi-cuisine culture because of globalization, sky-rocketing demand for confectioneries and bakery products, rising usage in personal care products, spiraling consumption of dairy products as people are turning more proactive regarding their health, are said to be preeminent driver leading the growth of Brown Sugar Market. Unfriendly climatic Conditions and adversely production impact due to pandemic restrictions, growing transportation costs because of spiraling crude oil prices are said to reduce the market growth.
  • Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Brown Sugar Market report.

Brown Sugar Market Share, By Region (%) in 2021

Brown Sugar Market

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Brown Sugar Market Segment Analysis-By Nature

The Brown Sugar Market based on the nature type can be further segmented into organic and conventional. The conventional segment held the largest share in 2021. The growth is owing to the cost-effective nature of conventional farming, high revenue, more yield in less land, and requirement of fewer resources, growing demand for brown sugar because of reduced yield caused by natural calamities. Unlike organic-farming, conventional farming is practiced all over the globe. Additionally, the high price of organic harvest and little to no awareness among people regarding the existence of organic alternatives has aided the demand for conventionally grown brown sugar. Furthermore, organic segment is estimated to be the fastest-growing with a CAGR of 8.7% over the forecast period 2022-2027. This growth is owing to the rising awareness among consumers regarding health problems is linked with conventional products has broadened the demand for organic brown sugar. Similarly, growing campaigns like “Save Soil” aimed at reviving the organic content of soil by reducing dependency on pesticides and fertilizers have aided the growth of the said segment.

Brown Sugar Market Segment Analysis-By Application

The Brown Sugar Market based on the application can be further segmented into Dairy products, Sauces, Beverages, Confectionery and bakery, and Medicines. The confectionery and bakery segment held the largest share in 2021. The growth is owing to the growing popularity of cakes, chocolates, candies, sweets, and desserts among youngsters as well as adults. Owing to the hygroscopic nature of molasses, which is a primary ingredient in brown sugar, brown sugar plays a vital role in retaining moisture in baked items. In addition to that, spiking usage of functional flavors, nut-based flavors, fruit, and herbal fillings to enhance the overall taste and aroma of products has its fair contribution to supplementing the growth of the aforementioned segment. Furthermore, estimated to be the fastest-growing segment with a CAGR of 8.9% over the forecast period 2022-2027. This growth is owing to a growing demand for brown sugar as a color and flavor enhancer, rising disposable incomes of consumers, especially in low-income countries, a spiraling trend of gifting sweets during festival seasons, and rapid urbanization are preeminent factors driving the market.

Brown Sugar Market Segment Analysis-By Geography

The Brown Sugar Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. Asia-Pacific held the largest share with 42% of the overall market in 2021. Even though Brazil is the biggest producer of sugar with more than 38-40 million metric tons annual production but when it comes to collective production Asia-pacific dominates the market. China, India, Vietnam, Thailand, and Indonesia are major sugar-producing countries because of the tropical climate. Every year India produces nearly 33.76 million metric tons of sugar; whereas, China’s production stands around at 10.5 million metric tons. In addition to that, over 4.7 billion people call this continent (Asia) home as of March 2022 which is nearly 59.6 percent of the total world population; consequently, brown sugar consumption is relatively high as compared to the rest of the world. Nevertheless, Asia-pacific is expected to be the fastest-growing segment over the forecast period 2022-2027. This growth is owing to the growing number of domestic confectionery products. Also, the rising living standards of people as disposable income level is spiraling has broadened the confectionery intake and beverage consumption.

Brown Sugar Market Drivers

Mounting consumption of dairy and confectionery products is anticipated to boost market demand.

Brown sugar is widely used as a flavor, taste, and color enhancer in various beverages and food items. Therefore, the growing demand for innovative flavored products has drawn the eyes of manufacturers toward brown sugar. Proliferating per capita chocolate and candies consumption worldwide is another factor driving the market. Switzerland’s per capita consumption has reached 9 kg (highest in the world) followed by Germany and Austria with 7.9 kg and 8.1 kg per capita consumption. In addition to that, the rapid migration of people from rural to urban is another prominent driver as urbanization increases the consumers’ exposure to such products. As of 2022, over 56 percent of the world population lives in urban areas, the figure is projected to reach 68 percent by the year 2050. On another hand, rapid digitalization has made marketing strategies quite easy and effective.

Strengthening retail networks, proliferating disposable income levels, and soaring merger and acquisition activities are expected to boost market demand.

Besides Europe where the maximum number of nations have a GDP per capita of more than $55,000, various low-income countries like China, Indonesia, and India have witnessed a slight surge in income levels in recent years. For example, from $10,511 in 2020, China’s GDP per capita income soared and reached $12,551 in 2021; whereas, Indonesia’s GDP per capita witnessed a $580.41 jump and reached $4,450 in 2021. Also, the growing number of modern retail stores like supermarkets and hypermarkets has made purchasing so easy for busy shoppers. Additionally, a growing number of mergers and acquisitions has fueled the growth of the Brown Sugar Market.

Brown Sugar Market Challenges

Environmental calamities, rising inflation rates, and disturbed demand and supply because of hampered production are anticipated to hamper the market growth.

Widescale deforestation, soil degradation, climate change, pollution, and biodiversity loss have emerged as major environmental catastrophes reducing the sugarcane crop yield across the globe. According to a report, organic content in Indian soil has dropped down to 0.5 percent which is likely to reduce the sugarcane yield in near future. On another hand, with a non-stop acceleration for 5 months, the inflation rate soared to 6.07 percent in February 2022. With a staggering 17.5 percent inflation rate, Sri Lanka is on the verge of collapse, already it is battling the worst economic crisis because of COVID-19. These all factors together are anticipated to hamper the market growth.

Brown Sugar Industry Outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the aforementioned Market. Brown Sugar Market top 10 companies include-

  1. Tate & Lyle Sugars
  2. ASR Group
  3. Cargill Inc.
  4. American Crystal Sugar Company
  5. Wholesome Sweeteners Inc.
  6. Raizen SA
  7. Taikoo Sugar Ltd.
  8. Sudzucker AG
  9. Garrett Ingredients
  10. Nordzucker AG

Recent Developments

  • On July 13, 2021, London, United Kingdom-based renowned food and beverage ingredient supplier company “Tate & Lyle” announced the divesting of its sweetener unit to New York, United States-based investment company “KPS Capital Partners.” The total value of this transaction stands at around $1.3 billion.
  • On December 17, 2020, Illinois, United States-based food company “Whole Earth Brands” announced that the company has reached an agreement with Wholesome Sweetener (a company recognized for its unrefined and organic sweeteners). According to the agreement, Whole Earth Brand will acquire Wholesome Sweeteners for $180 million.
  • On August 1, 2019, Braunschweig, Germany-based sugar manufacturing company “Nordzucker AG” announced that it has successfully acquired 70 percent ownership interest in Australia-based sugar producer “Mackay Sugar.” Nordzucker factories produce nearly 700,000 metric tons of sugar on annual basis. And, the transaction is aimed at increasing the overall production.

Relevant Links:

Report Code: FBR 0070

Report Code: FBR 0026

Report Code: FBR 15994 

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1. Brown Sugar Market Overview
    1.1 Definitions and Scope
2. Brown Sugar Market - Executive Summary
3. Brown Sugar Market– Market Landscape
    3.1 Company Benchmarking- Key Companies
    3.2 Key Company Financial Analysis
    3.3 Market Share Analysis
    3.4 Patent Analysis-Global
    3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Brown Sugar Market– Startup Company Scenario (Premium)
    4.1 Investment
    4.2 Revenue
    4.3 Venture Capital and Funding Scenario
5. Brown Sugar Market– Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index-Global
    5.3 Case Studies of Successful Ventures
6. Brown Sugar Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Brown Sugar Market– By Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle Analysis
8. Brown Sugar Market - By Type (Market Size –$Million/$Billion) 
    8.1 Light
    8.2 Dark Brown.
9. Brown Sugar Market – By Nature (Market Size –$Million/$Billion) 
    9.1 Organic
    9.2 Conventional
10. Brown Sugar Market – By Form (Market Size –$Million/$Billion)
    10.1 Powder
    10.2 Granules
    10.3 Syrup
11. Brown Sugar Market - By Application (Market Size –$Million/$Billion) 
    11.1 Dairy products
    11.2 Sauces
    11.3 Beverages
    11.4 Confectionery and bakery
    11.5 Medicines
12. Brown Sugar Market – By Distribution Channel (Market Size –$Million/$Billion) 
    12.1 Offline (Supermarkets/Hypermarkets, Convenience stores, Brick-and-Mortar)
    12.2 E-commerce channels
13. Brown Sugar Market – By End User (Market Size –$Million/$Billion) 
    13.1 Households
    13.2 Hospitality venues (Restaurants, Hotels, cafes, and Others)
    13.3 Cosmetics
    13.4 Pharmaceutical industry
14. Brown Sugar Market- By Geography (Market Size -$Million/Billion)
    14.1 North America
        14.1.1 U.S
        14.1.2 Canada
        14.1.3 Mexico 
    14.2 Europe
        14.2.1 Germany
        14.2.2 France
        14.2.3 UK
        14.2.4 Italy
        14.2.5 Spain
        14.2.6 Russia
        14.2.7 Rest of Europe
    14.3 Asia-Pacific
        14.3.1 China
        14.3.2 Japan
        14.3.3 South Korea
        14.3.4 India
        14.3.5 Australia & New Zealand
        14.3.6 Rest of Asia-Pacific 
    14.4 South America
        14.4.1 Brazil
        14.4.2 Argentina
        14.4.3 Chile
        14.4.4 Colombia
        14.4.5 Rest of South America
    14.5 Rest of World
        14.5.1 Middle East
        14.5.2 Africa
15. Brown Sugar Market- Market Entropy
    15.1 New product launches
    15.2 M&A's, collaborations, JVs and partnerships
16. Brown Sugar Market– Industry Competition Landscape (Premium)
    16.1 Market Share Analysis
        16.1.1 Global Market Share – Key Companies
        16.1.2 Market Share by Region – Key Companies
        16.1.3 Market Share by Countries – Key Companies
    16.2 Competition Matrix
    16.3 Best Practices for Companies
17. Brown Sugar Market– Key Company List by Country Premium (Premium)
18. Brown Sugar Market- Company Analysis
    18.1 Company 1
    18.2 Company 2
    18.3 Company 3
    18.4 Company 4
    18.5 Company 5
    18.6 Company 6
    18.7 Company 7
    18.8 Company 8
    18.9 Company 9
    18.10 Company 10
"*Financials would be provided on a best-efforts basis for private companies"

LIST OF TABLES

1.Global Brown Sugar Market Analysis and Forecast By Product Type Market 2023-2030 ($M)
2.Global Brown Sugar Market Analysis and Forecast By Form Market 2023-2030 ($M)
3.Global Brown Sugar Market Analysis and Forecast By Source Market 2023-2030 ($M)
4.Global Brown Sugar Market Analysis and Forecast By Product Type Market 2023-2030 (Volume/Units)
5.Global Brown Sugar Market Analysis and Forecast By Form Market 2023-2030 (Volume/Units)
6.Global Brown Sugar Market Analysis and Forecast By Source Market 2023-2030 (Volume/Units)
7.North America Brown Sugar Market Analysis and Forecast By Product Type Market 2023-2030 ($M)
8.North America Brown Sugar Market Analysis and Forecast By Form Market 2023-2030 ($M)
9.North America Brown Sugar Market Analysis and Forecast By Source Market 2023-2030 ($M)
10.South America Brown Sugar Market Analysis and Forecast By Product Type Market 2023-2030 ($M)
11.South America Brown Sugar Market Analysis and Forecast By Form Market 2023-2030 ($M)
12.South America Brown Sugar Market Analysis and Forecast By Source Market 2023-2030 ($M)
13.Europe Brown Sugar Market Analysis and Forecast By Product Type Market 2023-2030 ($M)
14.Europe Brown Sugar Market Analysis and Forecast By Form Market 2023-2030 ($M)
15.Europe Brown Sugar Market Analysis and Forecast By Source Market 2023-2030 ($M)
16.APAC Brown Sugar Market Analysis and Forecast By Product Type Market 2023-2030 ($M)
17.APAC Brown Sugar Market Analysis and Forecast By Form Market 2023-2030 ($M)
18.APAC Brown Sugar Market Analysis and Forecast By Source Market 2023-2030 ($M)
19.MENA Brown Sugar Market Analysis and Forecast By Product Type Market 2023-2030 ($M)
20.MENA Brown Sugar Market Analysis and Forecast By Form Market 2023-2030 ($M)
21.MENA Brown Sugar Market Analysis and Forecast By Source Market 2023-2030 ($M)

LIST OF FIGURES

1.US Brown Sugar Market Revenue, 2023-2030 ($M)
2.Canada Brown Sugar Market Revenue, 2023-2030 ($M)
3.Mexico Brown Sugar Market Revenue, 2023-2030 ($M)
4.Brazil Brown Sugar Market Revenue, 2023-2030 ($M)
5.Argentina Brown Sugar Market Revenue, 2023-2030 ($M)
6.Peru Brown Sugar Market Revenue, 2023-2030 ($M)
7.Colombia Brown Sugar Market Revenue, 2023-2030 ($M)
8.Chile Brown Sugar Market Revenue, 2023-2030 ($M)
9.Rest of South America Brown Sugar Market Revenue, 2023-2030 ($M)
10.UK Brown Sugar Market Revenue, 2023-2030 ($M)
11.Germany Brown Sugar Market Revenue, 2023-2030 ($M)
12.France Brown Sugar Market Revenue, 2023-2030 ($M)
13.Italy Brown Sugar Market Revenue, 2023-2030 ($M)
14.Spain Brown Sugar Market Revenue, 2023-2030 ($M)
15.Rest of Europe Brown Sugar Market Revenue, 2023-2030 ($M)
16.China Brown Sugar Market Revenue, 2023-2030 ($M)
17.India Brown Sugar Market Revenue, 2023-2030 ($M)
18.Japan Brown Sugar Market Revenue, 2023-2030 ($M)
19.South Korea Brown Sugar Market Revenue, 2023-2030 ($M)
20.South Africa Brown Sugar Market Revenue, 2023-2030 ($M)
21.North America Brown Sugar By Application
22.South America Brown Sugar By Application
23.Europe Brown Sugar By Application
24.APAC Brown Sugar By Application
25.MENA Brown Sugar By Application
26.Competition Landscape, Sales /Revenue, 2015-2018 ($Mn/$Bn)