India Industrial Sugar Market (2025-2031) Outlook | Analysis, Industry, Companies, Value, Growth, Size, Trends, Forecast, Share & Revenue
Market Forecast By Type (White sugar, Brown sugar, Liquid sugar), By Form (Granulated, Powdered, Syrup), By Application (Dairy, Bakery, Confectionery, Beverage, Canned & frozen foods, Pharmaceuticals, Other food items), By Source (Cane sugar, Beet sugar) And Competitive Landscape
| Product Code: ETC382824 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India Industrial Sugar Market Import Shipment Trend (2020-2024)
The India industrial sugar market import shipment trend experienced a significant decline over the period, with a CAGR of -10.3% from 2020 to 2024. The growth rate between 2023 and 2024 plummeted by 69.4%, indicating a sharp contraction. The market demonstrated a consistent deceleration, reflecting a clear downward momentum and contraction in overall imports.
India Industrial Sugar Market Synopsis
The industrial sugar market in India is estimated to have grown at CAGR 15% due to increased consumption across food & beverage industries like confectionery products, and bakery goods, along with ever-increasing health consciousness among consumers which further led manufacturers using healthier alternatives such as brown sugars instead of regular refined sugars imported by domestic players from neighbouring countries like Pakistan & Thailand. The surge in availability & affordability has resulted into high adoption rate amongst end users (B2C) resulting into higher revenue generation for business entities (B2B).
Market Drivers of the market
In the India industrial sugar market, the primary drivers of growth are the expanding food and beverage industry and the increasing application of sugar in various non-food sectors. Sugar is a key ingredient in the food processing industry, and its demand remains robust due to the country`s large population and growing middle-class consumers. Furthermore, the use of sugar in pharmaceuticals, cosmetics, and other industrial applications has added to the market`s growth momentum.
Challenges of the Market
The India industrial sugar market faces challenges in terms of fluctuating raw material prices and competition from alternative sweeteners. Additionally, the need for sustainable and eco-friendly sugar production practices poses further hurdles for the industry.
Covid-19 Impact on the Market
The industrial sugar market, which supplies sugar to various industries like food processing and pharmaceuticals, experienced fluctuations in demand during the pandemic. While some industries saw increased demand, such as pharmaceuticals for producing medicines and vaccines, others faced a decline, impacting the overall market dynamics.
Key Players of the Market
The India industrial sugar market has experienced steady growth due to its applications in various industries. Key players in this market include Bajaj Hindusthan Sugar Ltd., Balrampur Chini Mills Ltd., Dhampur Sugar Mills Ltd., and EID Parry (India) Ltd.
Key Highlights of the Report:
- India Industrial Sugar Market Outlook
- Market Size of India Industrial Sugar Market, 2024
- Forecast of India Industrial Sugar Market, 2031
- Historical Data and Forecast of India Industrial Sugar Revenues & Volume for the Period 2021-2031
- India Industrial Sugar Market Trend Evolution
- India Industrial Sugar Market Drivers and Challenges
- India Industrial Sugar Price Trends
- India Industrial Sugar Porter's Five Forces
- India Industrial Sugar Industry Life Cycle
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By White sugar for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Brown sugar for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Liquid sugar for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Form for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Granulated for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Powdered for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Syrup for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Dairy for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Bakery for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Confectionery for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Beverage for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Canned & frozen foods for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Other food items for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Source for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Cane sugar for the Period 2021-2031
- Historical Data and Forecast of India Industrial Sugar Market Revenues & Volume By Beet sugar for the Period 2021-2031
- India Industrial Sugar Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Form
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Source
- India Industrial Sugar Top Companies Market Share
- India Industrial Sugar Competitive Benchmarking By Technical and Operational Parameters
- India Industrial Sugar Company Profiles
- India Industrial Sugar Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Industrial Sugar Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Industrial Sugar Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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