산업용 설탕 시장 규모는 2024년에 499억 1,000만 달러로 평가되며, 2024-2031년에 CAGR 6.15%로 성장하며, 2031년에는 804억 6,000만 달러에 달할 것으로 예측됩니다. 산업용 설탕은 일반 가정에서 소비되는 정제 설탕과 달리 다양한 산업 목적으로 대규모로 생산 및 사용됩니다. 주로 사탕수수와 사탕무에서 생산되는 산업용 설탕은 식품 및 음료, 의약품, 화학 등 다양한 산업에서 중요한 요소로 사용되고 있습니다. 다양한 산업에서 식품 및 음료의 맛, 질감, 보존성을 향상시키는 중요한 성분입니다. 제과, 제빵, 유제품, 가공식품에 감미료, 안정제, 증량제, 발효 기질로 사용되는 등 다양한 용도로 사용됩니다.
산업용 설탕 시장은 건강과 복지에 대한 중요성이 높아지면서 설탕 대체품 및 대체품의 발전을 촉진할 것으로 예상됩니다. 전통적인 설탕이 여전히 중요하지만, 스테비아나 몽크 프루트와 같은 저칼로리 감미료와 천연 대체품에 대한 수요가 증가하면서 시장 역학이 변화하고 있습니다.
세계 산업용 설탕 시장을 형성하는 주요 시장 역학
주요 시장 성장 촉진요인 :
음료 및 식품 산업 수요 증가:
식품 및 음료 산업 수요 증가: 설탕은 청량음료, 제과, 제빵, 과자 등 다양한 제품의 주요 성분이기 때문에 식품 및 음료 산업은 여전히 산업용 설탕의 가장 큰 수요처입니다. 가공식품과 간편식의 인기 증가와 제품 단맛에 대한 고객의 선호도 변화로 인해 산업용 설탕에 대한 수요가 증가하고 있습니다.
바이오연료 생산의 성장
재생에너지로의 전환은 특히 바이오연료 생산용 산업용 설탕 시장을 끌어올리고 있습니다. 사탕수수와 사탕무를 이용한 바이오에탄올은 이산화탄소 배출을 줄이면서 에너지 수요 증가에 대응할 수 있는 재생 연료로 점점 더 많이 활용되고 있습니다. 각국 정부는 바이오연료 생산을 장려하기 위한 규제와 인센티브를 마련하여 산업용 설탕에 대한 수요를 증가시키고 있습니다.
의약품으로의 활용 확대
산업용 설탕은 감미료, 결합제, 방부제로 다양한 의약품에 사용됩니다. 건강을 중시하는 소비자 증가와 만성질환의 확산으로 인해 제약 제조업체가 증가하면서 산업용 설탕에 대한 수요가 증가하고 있습니다.
주요 과제
건강에 대한 우려와 규제 압력 :
비만, 당뇨병, 심장병 등 설탕 과다 섭취가 건강에 미치는 위험성에 대한 인식이 높아지고 있습니다. 설탕 소비를 줄이기 위해 전 세계 정부와 보건 단체가 시행하고 있는 법에는 설탕 과세와 라벨 표시 강화 등이 포함됩니다. 이러한 규제 압력은 소비자들이 더 건강한 대안을 찾기 때문에 산업용 설탕에 대한 수요를 감소시켜 시장 성장에 타격을 줄 수 있습니다.
대안 제품과의 경쟁:
스테비아, 아스파탐, 몽크푸르트 추출물과 같은 대체 설탕은 전통적인 산업용 설탕 생산에 큰 도전이 되고 있습니다. 이러한 대체 설탕은 건강 지향적인 소비자와 설탕 함량을 낮추려는 식품 제조업체를 끌어들이기 위해 더 건강한 대안으로 자주 홍보되고 있습니다.
원재료 가격 변동:
산업용 설탕 생산의 주요 원료인 사탕수수와 사탕무의 가격은 날씨, 공급망 혼란, 농업 기술의 변화 등으로 인해 변동이 심합니다. 가격 변동은 생산자의 생산 비용과 이익률에 영향을 미쳐 시장 경쟁력을 유지하기 어렵게 만듭니다.
주요 동향 :
건강한 대체품으로의 전환:
건강에 대한 소비자들의 관심이 높아지면서 스테비아나 아가베넥터와 같은 천연 감미료와 같은 건강한 설탕 대체품에 대한 수요가 증가하고 있습니다. 이러한 움직임에 따라 제조업체들은 가당을 제거하기 위해 제품을 개선하고 있으며, 이는 기존 산업용 설탕의 총 수요에 영향을 미치고 있습니다.
지속가능한 생산 관행
환경에 대한 우려로 인해 산업용 설탕 업계는 지속가능한 생산 방식을 채택하고 있습니다. 제조업체들은 재생 에너지 사용, 물 사용량 최적화, 설탕 추출 과정에서의 폐기물 감소 등 환경 친화적인 기술을 점차 도입하고 있습니다. 이러한 추세는 소비자의 지속가능성에 대한 욕구를 충족시킬 뿐만 아니라 기업이 증가하는 환경 규제를 준수할 수 있게 해줍니다.
신흥 시장 수요 증가
산업용 설탕 시장은 신흥 시장, 특히 아시아태평양과 라틴아메리카에서 빠르게 성장하고 있습니다. 이들 국가에서는 가처분 소득 증가, 도시화, 식생활의 변화로 인해 가공 및 포장된 상품에 대한 수요가 증가하고 있으며, 이는 설탕 소비를 주도하고 있습니다. 이러한 경제 성장에 따라 산업용 설탕 수요도 크게 증가할 것으로 예상됩니다.
Industrial Sugar Market size was valued at USD 49.91 Billion in 2024 and is projected to reach USD 80.46 Billion by 2031, growing at a CAGR of 6.15% from 2024 to 2031. Industrial sugar is produced and used on a large scale for a variety of industrial purposes as opposed to refined sugar which is normally consumed by homes. Industrial sugar which is mostly derived from sugarcane and sugar beet is an important element in a wide range of industries including food and beverages, pharmaceuticals, and chemicals. It is an important ingredient in a variety of industries improving the flavor, texture, and preservation of food and beverages. Its applications include confectionery, bread items, dairy products, and processed foods where it serves as a sweetener, stabilizer, bulking agent, and fermentation substrate.
The industrial sugar market is projected to evolve as health and well-being become more important, encouraging advances in sugar substitutes and alternatives. While traditional sugar is still important, the growing demand for low-calorie sweeteners and natural alternatives such as stevia and monk fruit is changing market dynamics.
The key market dynamics that are shaping the global industrial sugar market include:
Key Market Drivers:
Rising Demand in the Food and Beverage Industry:
The food and beverage industry continues to be the greatest user of industrial sugar as sugar is a key ingredient in a variety of items such as soft beverages, baked goods, and confectioneries. The growing popularity of processed and convenience foods, combined with shifting customer preferences for sweetness in products, increases demand for industrial sugar.
Growing Biofuel Production
: The transition to renewable energy sources has boosted the industrial sugar market, notably for biofuel production. Sugarcane and sugar beets are increasingly being utilized to make bioethanol, a renewable fuel that addresses rising energy demand while lowering carbon emissions. Governments around the world are establishing regulations and incentives to encourage biofuel production increasing demand for industrial sugar as a feedstock.
Increasing Use in Pharmaceuticals
: Industrial sugar is used as a sweetener, binder, and preservative in a variety of medicinal preparations. The growing number of health-conscious consumers as well as the rising prevalence of chronic diseases has resulted in increased pharmaceutical manufacturers pushing demand for industrial sugar.
Key Challenges:
Health Concerns and Regulatory Pressures:
There is growing awareness of the health dangers connected with excessive sugar consumption such as obesity, diabetes, and heart disease. Sugar levies and tougher labeling requirements are among the laws being implemented by governments and health groups around the world to reduce sugar consumption. This regulatory pressure may reduce demand for industrial sugar as consumers seek healthier alternatives hurting market growth.
Competition from Alternatives:
Sugar alternatives such as stevia, aspartame, and monk fruit extract are posing a substantial challenge to traditional industrial sugar production. These alternatives are frequently touted as healthier options attracting health-conscious consumers and food producers seeking to lower sugar levels.
Volatility in Raw Material Prices:
The prices of sugarcane and sugar beet, the key raw materials for industrial sugar production fluctuate due to weather conditions, supply chain disruptions, and changing agricultural techniques. Price fluctuation can have an impact on producers' production costs and profit margins making it harder to maintain market competitiveness.
Key Trends:
Shift towards Healthier Alternatives:
As consumers become more health-conscious, there is an increasing demand for healthier sugar substitutes such as natural sweeteners like stevia and agave nectar. This move is causing manufacturers to reformulate products to eliminate added sugars affecting total demand for traditional industrial sugar.
Sustainable Production Practices
: Environmental concerns are pushing the industrial sugar business to adopt sustainable production practices. Manufacturers are gradually implementing environmentally friendly techniques such as employing renewable energy, optimizing water usage, and reducing waste during the sugar extraction process. This trend not only addresses consumer desire for sustainability but also enables businesses to comply with increasing environmental rules.
Growing Demand from Emerging Markets
: The industrial sugar market is expanding rapidly in emerging markets, particularly Asia Pacific and Latin America. Rising disposable incomes, urbanization, and shifting dietary habits in these countries are driving up demand for processed and packaged goods which in turn drives sugar consumption. As these economies grow, demand for industrial sugar is likely to increase dramatically.
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Here is a more detailed regional analysis of the global industrial sugar market:
Asia Pacific:
The Asia Pacific region dominates the industrial sugar market owing to its vast population and fast-expanding food and beverage industry. Countries such as India, China, and Thailand have made significant contributions to this market supremacy.
The rising food processing sector is a key driver of the Asia Pacific industrial sugar market. According to the Food and Agriculture Organization (FAO), the food processing sector in Asia Pacific is predicted to develop at a 7.4% CAGR between 2021 and 2026.
According to a report published by the Asia Pacific food industry, the Asia Pacific soft drinks industry is predicted to reach USD 218.8 Billion by 2025, rising at a CAGR of 5.8% between 2020-2025. The Japanese confectionery market was valued at $23.5 billion in 2021 and is expected to increase at a CAGR of 2.5% from 2022 to 2027, according to the Japan Confectionery Association. Furthermore, the rising acceptance of sugar substitutes in response to health concerns is influencing the industry.
North America:
The North American industrial sugar market is expanding rapidly with the United States leading the way due to its powerful food and beverage industry and rising demand for processed goods. This expansion is mostly driven by increased consumption of convenience foods and beverages, as well as the growing use of industrial sugar in a variety of industries. The rising demand for processed and packaged foods is a primary driver of the North American industrial sugar market.
Furthermore, the beverage industry, another significant consumer of industrial sugar, has shown a consistent increase. According to the Beverage Marketing Corporation, the volume of the liquid refreshment beverage industry in the United States increased by 3.8% in 2021 to 31.8 billion gallons. Another important driver is the growing use of industrial sugar in non-food applications, particularly in the pharmaceutical and personal care sectors.
According to the US Food and Drug Administration (FDA), over 70% of pharmaceutical medications contain sugar as an inactive component. According to the US Bureau of Economic Analysis, the personal care business in North America, which heavily relies on sugar-derived chemicals, is expected to reach USD 128.7 Billion by 2030, rising at a CAGR of 3.6% between 2022 and 2030.
The Global Industrial Sugar Market is segmented based on Type, Form, Source, Application, Distribution Channel, and Geography.
Based on the Type, the Global Industrial Sugar Market is bifurcated into White Sugar, Liquid Sugar, and Iced Sugar. In the global industrial sugar market, white sugar holds the dominant position due to its widespread use across various industries including food and beverages, pharmaceuticals, and confectionery. White sugar is highly preferred for its consistent quality, easy availability, and cost-effectiveness. It acts as a key ingredient in numerous products from baked goods to soft drinks which drives its high demand.
Based on the Form, the Global Industrial Sugar Market is bifurcated into Powdered, Granulated, and Syrup. In the global industrial sugar market, granulated sugar is the dominant form. This preference is largely due to its versatility and widespread application across various industries including food and beverage, pharmaceuticals, and cosmetics. Granulated sugar serves as a fundamental ingredient in numerous products providing sweetness, texture, and preservation qualities. Its ease of measurement and consistent performance make it a favored choice for manufacturers.
Based on the Source, the Global Industrial Sugar Market is bifurcated into Sugar Beet, Sugar Cane, and Others. In the global industrial sugar market, sugar cane is the dominant source, primarily due to its high sucrose content and favorable growing conditions in tropical and subtropical regions. Sugar cane accounts for a significant share of global sugar production driven by its efficiency in converting sunlight into energy through photosynthesis, resulting in higher yields compared to sugar beet. Additionally, the widespread cultivation of sugar cane in major producing countries like Brazil and India contributes to its market dominance.
Based on the Application, the Global Industrial Sugar Market is bifurcated into Food & Beverage, Pharmaceutical, Chemical, Biofuel, and Others. In the global industrial sugar market, the food & beverage sector is the dominant application. This dominance is primarily attributed to the widespread use of sugar as a key ingredient in various food products and beverages including snacks, soft drinks, and baked goods. The growing consumer demand for processed foods coupled with the trend toward indulgent and sweet flavors drives significant consumption of industrial sugar in this sector.
Based on the Distribution Channel, the Global Industrial Sugar Market is bifurcated into Supermarkets, Online Retail, Direct Sales, and Retail Stores. In the global industrial sugar market, supermarkets are the dominant distribution channel. This preference stems from their extensive reach and ability to offer a wide variety of products in one location making it convenient for consumers and businesses alike. Supermarkets typically stock a diverse range of industrial sugars catering to various needs from bulk purchases for food manufacturers to smaller quantities for local bakeries.
Based on Geography, the Global Industrial Sugar Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific region dominates the global industrial sugar market primarily due to its extensive sugar production capabilities and high consumption rates. Countries like India and China are leading producers benefiting from favorable agricultural conditions and large-scale cultivation of sugarcane and sugar beet. Additionally, the rising population and increasing disposable incomes in this region drive demand for sugar in various sectors including food and beverages, pharmaceuticals, and biofuels.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.