Granulated Sugar: Market Outlook
Sugar is an integral part of the baking that is used on day to day basis. Sugar is used to sweeten coffee or tea, or as a topping on baked goods, like muffins, scones, cookies, and cakes. The union of water and sugar affects the texture of baked goods, also it keeps baked goods soft and moist and allows sugar to lock in moisture so that the items such as cakes, muffins, brownies, and frostings don’t dry out too quickly. The bond between sugar and water helps to create tenderness. Brown sugar, powdered sugar, decorating sugar, sanding sugar and granulated sugar, these are several types of sugar which are most commonly used.
Granulated Sugar is the common white table sugar that normally used for baking and cooking purpose. It is a crystallized and centrifuged crystal particles, which had been sent through granulator where the crystals get dried, separated, and screened. It has had all of the naturally present molasses refined out of it. It is normally made from sugarcane and beet.
Granulated sugar is an integral part of a day to day life. It is the most commonly used sugar in the kitchen for most types of cooking. Very high use and continuous growth of the population leads to increasing the demand for granulated sugar in the market. It also has key properties which are used to deepen moisture, flavor, and color into baking products, which leads to increase in its production and drives the market.
Granulated Sugar and its Properties:
Granulated sugar is perfect sugar for measuring, sprinkling on to food, and dissolving into drinks. Due to its fine crystal structure, granulated sugar does not cake together. Due to its tenderness and crunchiness granulated sugar most commonly used for the baking purpose. Granulated sugar creates the sweet crust, which is often found on brownies, pound cakes, muffins, and cookies. It also escalates flavor and color, which is why it is frequently added to bread dough.
Granulated sugar has the largest crystals as compared to other types of sugar. Due to refining out all of the naturally present molasses from granulated sugar, it has a coarse feeling. Granulated sugar lasts forever unless it gets wet. It is reasonably fast to dissolve into hot liquids and it is also easily pourable.
Global Granulated Sugar Market: Segmentation
On the basis of source, the global granulated sugar market has been segmented as:
- Sugar Beet
- Date Palm
- Sugar Maple
On the basis of application, the global granulated sugar market has been segmented as:
- Food Industry
- Bakery and Confectionary
- Frozen Desserts
On the basis of region, the global granulated sugar market has been segmented as:
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
Global Granulated Sugar Market: Market Participants
Some of the market dominators operating in the granulated sugar market identified across the value chain include Raizen SA, Tongaat Hulett Sugar South Africa Limited, Cargill incorporation, Archer Daniels Midland, Sudzucker AG, Illovo Sugar (PTY) Limited, Dangotte Group, E.I.D Parry Limited, Nordzucker Group AG, Tereos. Brazil is the top exporter and Asia is dominant in importing Granulated Sugar.
Opportunities for Participants in the Granulated Sugar Market
A rise in population is the key factor to drive the granulated sugar market. Increase in population will directly lead to an increase in demand for granulated sugar. As the population is increasing and consumers are shifting towards more fast foods and baked products the demand for granulated sugar is increasing, which drives the market globally. In Asian countries growing urbanization puts more people into the environment where they have more access to processed food and drinks. This is also a influential factor that changes dietary habits. In the Asia Pacific region the demand for bakery products increasing which leads to an increase in demand for granulated sugar. This is a good opportunity for manufacturers to increase the production of granulated sugar and grow rapidly in the market.