| Product Code: ETC307284 | Publication Date: Aug 2022 | Product Type: Market Research Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India sugar beet juice extract market import shipments exhibited strong growth with a CAGR of 17.2% from 2020 to 2024. However, there was a notable decline in growth momentum between 2023 and 2024, with a negative growth rate of -21.5%. Despite the recent slowdown, the market trend suggests overall expansion during the period.
The India sugar beet juice extract market size was valued at USD 54 million in 2018 and is anticipated to expand at a CAGR of 7% from 2025 - 2025 owing to its increasing applications across food & beverage industry as natural sweetener ingredient due to its abundance availability domestically coupled with health benefits associated with it such as low glycemic index compared against other sugars like sucrose or high fructose corn syrup. Rising awareness about healthy lifestyle along with concerns regarding diabetes epidemic are expected propel product demand over coming years. Furthermore , shifting preference towards organic food products containing healthier ingredients should further stimulate product penetration throughout country. Additionally , advancements pertaining processing techniques employed resulting into increased efficiency may bolster business potential prospectively.
The India sugar beet juice extract market is anticipated to show steady growth in the foreseeable future. Sugar beet juice extract is used as a natural sweetener in various food and beverage products. With the growing consumer preference for healthier and natural alternatives to sugar, the demand for sugar beet juice extract is expected to rise. Moreover, the food processing industry`s expansion and the incorporation of natural sweeteners in various products are likely to contribute to the market`s growth.
In the India sugar beet juice extract market, the challenge lies in raising awareness about the benefits and potential applications of sugar beet juice. Expanding cultivation and processing capabilities while ensuring a stable supply chain can also be challenging.
The India sugar beet juice extract market had been growing steadily due to the increasing demand for natural sweeteners and the utilization of sugar beet by-products. Sugar beet juice extract is used in the food and beverage industry as a natural sweetening agent. However, the COVID-19 pandemic posed challenges to the market. The disruptions in the food and beverage sector and supply chain impacted the demand for sugar beet juice extract. As the food industry revives and the demand for natural sweeteners grows, the market is expected to recover.
The India sugar beet juice extract market is experiencing growth due to the increasing demand for natural sweeteners and dietary supplements. Sugar beet juice extract is a valuable source of natural sugars and other nutrients. Key players in this market include Sudzucker India Pvt. Ltd., Rana Sugars Ltd., Dhampur Sugar Mills Ltd., and Shree Renuka Sugars Ltd., among others. These key players are leading sugar manufacturers in India and have ventured into the production of sugar beet juice extract to meet the growing market demand.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Sugar Beet Juice Extract Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sugar Beet Juice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 India Sugar Beet Juice Extract Market - Industry Life Cycle |
3.4 India Sugar Beet Juice Extract Market - Porter's Five Forces |
3.5 India Sugar Beet Juice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Sugar Beet Juice Extract Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Sugar Beet Juice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of sugar beet juice extract |
4.2.2 Growing demand for natural and organic food ingredients |
4.2.3 Rising disposable income leading to increased purchasing power |
4.3 Market Restraints |
4.3.1 Seasonal variations and dependency on sugar beet cultivation |
4.3.2 Price volatility of sugar beet due to factors like weather conditions and government policies |
5 India Sugar Beet Juice Extract Market Trends |
6 India Sugar Beet Juice Extract Market, By Types |
6.1 India Sugar Beet Juice Extract Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Sugar Beet Juice Extract Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Sugar Beet Juice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.1.4 India Sugar Beet Juice Extract Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.1.5 India Sugar Beet Juice Extract Market Revenues & Volume, By Bio Fuel, 2021-2031F |
6.1.6 India Sugar Beet Juice Extract Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Sugar Beet Juice Extract Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Sugar Beet Juice Extract Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.3 India Sugar Beet Juice Extract Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.2.4 India Sugar Beet Juice Extract Market Revenues & Volume, By Online, 2021-2031F |
7 India Sugar Beet Juice Extract Market Import-Export Trade Statistics |
7.1 India Sugar Beet Juice Extract Market Export to Major Countries |
7.2 India Sugar Beet Juice Extract Market Imports from Major Countries |
8 India Sugar Beet Juice Extract Market Key Performance Indicators |
8.1 Adoption rate of sugar beet juice extract in the food and beverage industry |
8.2 Number of new product launches containing sugar beet juice extract |
8.3 Investment in research and development for improving sugar beet juice extract quality and applications. |
9 India Sugar Beet Juice Extract Market - Opportunity Assessment |
9.1 India Sugar Beet Juice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Sugar Beet Juice Extract Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Sugar Beet Juice Extract Market - Competitive Landscape |
10.1 India Sugar Beet Juice Extract Market Revenue Share, By Companies, 2024 |
10.2 India Sugar Beet Juice Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |