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Due to the diverse applications of industrial sugar across various sectors, the market is growing at an incremental pace of development on the global stage. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Industrial Sugar Market Research Report- Forecast to 2022 that the market will demonstrate an exceptional CAGR % while achieving billion dollar growth readily in the forecast period.

Industrial Sugar Market

Application of industrial sugar across various sectors majorly including confectionery, bakery and beverages have promoted the high growth of industrial sugar globally. Sugar imparts energy to the body and absorbs quickly. High demand for sweetened bakery products have also added fuel to the market growth of industrial sugar market. Growth of the sweetened beverage market has also provided an impetus for the increased demand of this sector. However, escalating market demand for sugar substitutes based on increasing health awareness is projected to propel the high market growth of this sector.

Latest Industry Updates

Nov 2017 To expand their production capacity, Rogers Sugar Inc. acquired L.B. Maple Treat Corporation which is one of the leading players in the private label maple syrup bottling and distribution.

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