The report "Industrial Sugar Market by Type (White, Brown & Liquid), Form (Granulated,
Powdered & Syrup), Application (Dairy, Bakery, Confectionery, Beverage, Canned &
Frozen Foods, Other Food Items & Pharmaceuticals), Source (Cane Sugar, Beet Suger),
and Region - Global Forecast to 2022", The market for industrial sugar is projected to
reach USD 52.91 Billion by 2022, growing at a CAGR of 6.01% from 2016 to 2022.
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It is driven by factors such as rise in average international prices and importance of
international trade, value addition of products from sugar cane by focusing on emerging
by-products through integrated sugar complexes, expanding sugar crop production,
growth in the industrial beet sugar market, consumption of packed food & beverage
items, and the usage of sugar in healthy products such as low-calorie bakery and
confectionery products.