- Light Brown Sugar
- Dark Brown Sugar
Brown Sugar Market was valued at USD 17,752.6 million in 2022 and is expected to grow at 9.3% CAGR from 2023 to 2029 owing to the potential health benefits of brown sugar over white sugar. The brown sugar has slightly higher calcium, iron, and potassium content. The increased awareness among consumers regarding the health benefits of brown sugar from relieving menstrual cramps, and improving skin health to aiding in weight loss is expected to drive the brown sugar market. Moreover, the increased use of brown sugar in bakery products owing to its appealing texture, tenderness, and softness has increased the demand for brown sugar in the market. Sugar consumption is tremendous throughout the world to increase flavor and extend shelf life leading to the increased demand for brown sugar. For instance, according to American Heart Association, women should consume no more than 6 teaspoons and men no more than 9 teaspoons of added sugar per day, however, the average adult consumption is 24 teaspoons per day thus increasing the demand for sugar.
Based on application, the beverage sector is dominating the market owing to the increased demand for energy and fruit-based beverages. For instance, in 2023, Honeybon launched brown sugar drink series further surging the demand in the market. But the increasing inclination of consumers towards sugar-free products and increasing health concerns such as heart diseases, diabetes, obesity, and others are likely to restrain the growth of the brown sugar market. However, with the increased demand for natural and organic food ingredients, increased customer base, urbanization, improved infrastructure, and a number of government regulations that uphold the quality of the produce has surged the market and is expected to further increase in the forecasted period. Brown sugar is an unrefined or partially refined soft natural sugar consisting of sugar crystals with some residual molasses content (3.5-6.5%), that is naturally moist from the hygroscopic nature of the molasses. Brown sugar is intended to provide your body with carbohydrates to use as energy but is relatively low in nutrients and high in calories.
Brown Sugar Market Key Developments:
Fastest Growing Market
Increase in the demand for the sweetened beverages such as the energy drinks, fruit-flavored juices in urban areas is the key factor anticipated to drive the market revenue growth of the brown sugar market. The changing lifestyle are majorly diving towards the ready-to-drink beverages which are likely to enhance the growth of the market. The increasing use of the bakery products is expected to enrich the growth of the brown sugar market. Due to its nutritious property, the use of brown sugar is growing across the continents, which is responsible for the growth of the market. However, the soaring of diabetic population is the key factor expected to hamper the growth of the market.
2022 is the base year and 2029 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.