Global Brown Sugar Market Trends and Forecast 2028: Growth & Market Size

The Global Brown Sugar Market size was valued at USD 15.31 Billion in 2022 and is projected to grow at a CAGR of around 8.33% during the forecast period, i.e., 2023-28.                                                       

Global Brown Sugar Market Dynamics:

Globally Rising Prevalence of Diabetes & Obesity: The rising prevalence of obesity, diabetes, & heart diseases has led consumers to seek sugar-free alternatives. According to the WHO (World Health Organization), about 422 million people worldwide have diabetes, the majority living in low- & middle-income countries, and 1.5 million deaths are directly attributed to diabetes each year. In addition, the WHO recommends that adults & children should restrict their sugar consumption to 10% of their total calorie intake. These aspects discourage the adoption of sugar in any form, impeding the growth of the Global Brown Sugar Market through 2028.

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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Global Brown Sugar Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2022

-Historical Period: 2018 to 2021

-Forecast Period: 2023-28

• By Product Type
  • Light Brown- Market Size & Forecast 2018-2028, USD Million
  • Dark Brown- Market Size & Forecast 2018-2028, USD Million
• By Form
  • Powder- Market Size & Forecast 2018-2028, USD Million
  • Granules- Market Size & Forecast 2018-2028, USD Million
  • Other- Market Size & Forecast 2018-2028, USD Million
• By Application
  • Bakery & Confectionary- Market Size & Forecast 2018-2028, USD Million
  • Beverages- Market Size & Forecast 2018-2028, USD Million
  • Dairy- Market Size & Forecast 2018-2028, USD Million
  • Others- Market Size & Forecast 2018-2028, USD Million
• By Region
  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Cargill Incorporated, American Crystal Sugar Company, Sudzucker AG, ASR Group, Tate & Lyle Sugars, Organic Tattva, Domino Foods Inc, Taikoo Sugar Limited, Savola Group, Cofco Tunhe Sugar Co. Ltd, Imperial Sugar, Raizen S.A., Stereos International Ltd, Nordic Sugar A/S, Lotus Health Group Co, Others

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