Organic Sugar Global Market 2019 | Size, Share, Trend, Business Statistics, Research Methodology, Top Key Players Strategy, Gross Margin and Foresight to 2022

Organic Sugar Market Global Information by Application (Food & Beverages, Pharma and Personal Care) and Region (Latin America, Asia Pacific & RoW) – Forecast till 2022

Market Overview:

Organic sugar is far more than being a naturally cultivated produce. In addition to its cultivation without using chemical fertilizers & pesticides, organic sugar is processed by combining futuristic technologies and safe processing methods, which also helps further to eliminate uses of causative agents, perilous radiations & fungicides and to ensure the end to end food safety.

Apart from food and beverages products, organic sugar is also extensively used in pharma and personal care products. People are increasingly becoming aware of naturally grown products.  Their food preferences are changing rapidly, and they adopt different cuisines, culinary and continental food forms which further encourages demand for organic sugar.

Besides the growing awareness about the benefits of organic food coupled with the idea that organic food is good for health is fueling the market growth of organic sugar, escalating the market on the global platform.

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The ever-increasing population and the organic food consumption trends adopted by consumers is the key driving force persuading the worldwide demand posing organic sugar as the most dominantly imported & exported product.  Its exports largely contribute to a nation’s gross income.  In major sugar producing countries such as China and India, organic sugar is generally sold at premium prices due to the greater demand and hence to enhance the export revenues which in turn, increases the market size.

Competitive Landscape:

Fiercely competitive, the organic sugar market appears to be diversified due to the presence of numerous well-established players having an international presence. These players are investing heavily to enhance product quality and global expansion.

Key players leading the global organic sugar market include Tereos Internacional (Brazil), Cosan Ltd. (Brazil), Shree Renuka Sugars Limited (India), Dwarikesh Sugar Industries Limited (India), Raizen S.A (Brazil), Mitr Phol Group (Thailand), Bunge Limited (Brazil), and Wangkanai Group (Thailand) among others.

Industry/innovation/Related News:

February 07, 2019 – Rodale Institute (the US), a nonprofit organization that supports research into organic farming announced plans to open the Midwest Organic Center at the Indian Creek Nature Center’s Etzel Sugar Grove Farm in Marion. The center will provide resources and support for the state’s more than 730 organic farms, and lead to organic farming education in the Midwest.

This initiative will support research innovative and regenerative, organic farming methods to provide farmers with the education and resources so they can implement those methods on their farms, expand public access to Rodale Institute’s research, and create progressive opportunities in agriculture.

October 26, 2018 —- TTC Attapeu Sugar Cane Sole Co., Ltd. (Vietnam), a leading provider of organic sugar announced entering in a strategic cooperation with ED&F Man Sugar Ltd. (the UK), an agricultural commodities merchant, supplying and distributing sugar to consumers, industrial users, refineries, and wholesalers worldwide to sell organic sugar to Europe.

TTC’s Organic Golden Cane Sugar meets the organic standards for all steps from cultivation to final processing. This product has also been granted with an organic certification under the US Department of Agriculture and the EU’s standards.  Through the partnership, TTC products have qualified for export to not only Europe but also North America and other demanding markets across the world.

As per partnership deed, TTC Attapeu and its partner will focus on the supply and purchase of two products, Organic Golden Cane Sugar and Golden Cane Sugar, in the next five years.

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Market Segment:

The MRFR analysis is segmented into two key dynamics for the convenience of understanding;

By Applications: Food & Beverages, Pharma and Personal Care among others.

By Regions:  Europe, North America, APAC and the Rest-of-the-World.

The subsegment food & beverages, based on applications is expected to dominate the segment on account of the high demand for organic, ready to eat food products. Factors substantiating the growth of this segment include the rising consumers’ preference for chemical-free healthy ingredients in food products.

Besides, sugar is an essential ingredient in the bakery & confectionery products which in turn, will propel the demand for organic sugar during the forecast period. However, the subsegment – personal care is expected to witness an impressive growth of 14.22% in terms of volume throughout the review period (2017-2022).

Geographical Analysis:

Latin America organic sugar market is projected to lead the organic sugar market in terms of value and volume both. The market is expected to acquire the lion’s share of more than 55% of the total market share.

Asia Pacific region will hold the second largest share followed by North America. Presence of various agro-climatic zones coupled with the favorable weather conditions is expected to ensure the extended production. Owing to the increasing production of sugarcane in India, Vietnam, and Indonesia, will allow these countries to witness higher growth in organic sugar market during the forecast period (2017 to 2022). The organic sugar market in this region is projected to grow at a rate of 14.66%.

The Europe region witnesses an increasing demand for high-quality organic sugar. Ukraine and Spain are among the fastest growing markets for organic sugar in the region. 

Owing to the increasing popularity of organic sugar in developed countries like the US and Canada; Chili, Parsley, Mint, and Marjoram, these countries are dominating the market in the North America region.

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