Market Analysis and Insights: Global Icing Sugar Market
Global icing sugar market is expected to register a substantial CAGR of 6.25% in the forecast period of 2020-2027. This report contains the data of base year 2019 and historic year 2018. This rise in market value can be attributed to the growing awareness regarding the benefits of icing sugar for health and decoration purposes.
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Market Definition: Global Icing Sugar Market
Icing sugar also known as confectioners’ sugar, produced by grinding granulating sugar cubes into powder from. It improves the flow and prevents clumping as it contains anti-caking agent. It dissolves quickly as it is used in the food production. It is used as sprinkling powder on baked goods and cakes for decoration to add subtle sweetness into the product. It is available in different size of fineness that gives smoother fillings and icing.
Increase in demand to maintain a fine structure and texture in food will help to drive the market growth
Increased usage of icing sugar for chocolate and confectionary products will boost the market growth
Rising demand of bakery and confectioners products will augment the market growth in the forecast period
High calorie intake lead to unhealthy weight gain that restricts the growth of the market
Easy availability of organic substitutes will hinder the growth of the market
Increasing risk of cancer, diabetes and many health related problems may inhibit the growth of the market
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Segmentation: Global Icing Sugar Market
Rest of Europe
Key Market Competitors:
Few of the major competitors currently working in the global icing sugar market are Südzucker, ASR GROUP.., Imperial Sugar., American Crystal Sugar Company, Taikoo Sugar Limited., Wholesome Sweeteners Inc, Nordic Sugar A/S., Zucchero & c Srl, Raunak Enterprises., Amrut International, M. B Sugar And Pharmaceuticals, Radiant International, Pooja Traders., RB FOODS, Astrra Chemicals, Tiwari Brothers., Skyline Food Products LLP, Blue Bird Foods (India) Private Limited., Pruthvifoods among others.
Research Methodology: Global Icing Sugar Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
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