Brown Sugar Market Size to Reach US$ 32.1 Billion, Globally, by 2028 at 9.3% CAGR

According to the latest report by IMARC Group, titled, "Brown Sugar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" The study provides a detailed analysis of the industry, including the global brown sugar market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the brown sugar market?

The global brown sugar market size reached US$ 18.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 32.1 Billion by 2028, exhibiting a growth rate (CAGR) of 9.3% during 2023-2028.

What is brown sugar?

Brown sugar refers to a sweetener utilized in culinary applications, derived by incorporating molasses, a residue from sugar refining, into white sugar. The molasses infusion imparts the characteristic brown hue and slightly adhesive consistency to brown sugar. The depth of color and intensity of flavor in brown sugar depend on the quantity of molasses added. With its delightful caramel-like taste, brown sugar is commonly employed in dessert recipes, sauces, glazes, and marinades. Compared to white sugar, brown sugar possesses higher moisture content, resulting in a softer and more clumpy texture that can influence the outcome of baked goods. Consequently, it is in widespread use across the globe.

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What are the growth prospects and trends in the brown sugar industry?

The brown sugar market is primarily driven by the increasing consumer preference for natural and unrefined sweeteners as a healthier alternative to artificial options. Moreover, the elevating awareness about the multiple benefits of brown sugar, such as minimal processing and improved retention of natural minerals and nutrients through the presence of molasses, is acting as another significant growth-inducing factor. Besides this, the emerging trend of home baking and cooking that has heightened the demand for specialty ingredients that impart a unique flavor and texture to culinary creations is also positively influencing the global market. Additionally, the growing health-consciousness among consumers that has contributed to the popularity of brown sugar, owing to its perceived advantages over white sugar and its slightly higher mineral content, is further stimulating the market growth. Apart from this, the expanding influence of global cuisines and their associated recipes, particularly in ethnic dishes that rely on the distinct flavor and color provided by brown sugar, is expected to propel the market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product Type:
Light Brown
Dark Brown

Breakup by Form:
Powder
Granules
Others

Breakup by Distribution Channel:
Hypermarkets and Supermarkets
Convenience Stores
Specialty Retailers
Online Retailer
Others

Breakup by Application:
Bakery and Confectionery
Beverages
Dairy
Others

Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

American Crystal Sugar Company
American Sugar Refining Inc.
Cargill Incorporated
Imperial Sugar Company
Mehrotra Consumer Products Pvt. Ltd.
Nordzucker AG
Sudzucker AG
Sunshine Sugar
Taikoo Sugar Limited (Swire Pacific Limited)
Wholesome Sweeteners Inc. (Whole Earth Brands)

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