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Powdered Sugar Market Size Worth $7.49 Billion By 2025

The global powdered sugar market size is projected to touch USD 7.49 billion by 2025, according to Million Insights, registering a 4.2% CAGR over the forecasted period, from 2019 to 2025.

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Powdered Sugar Market Size Worth $7.49 Billion By 2025

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  1. Powdered Sugar Market Size Worth $7.49 Billion By 2025 “The global powdered sugar market size is projected to touch USD 7.49 billion by 2025, according to Million Insights, registering a 4.2% CAGR over the forecasted period, from 2019 to 2025. The market growth is attributed to the increasing consumption of confectionery and bakery food products among consumers.” The global powdered sugar market size is projected to touch USD 7.49 billion by 2025, according to Million Insights, registering a 4.2% CAGR over the forecasted period, from 2019 to 2025. The market growth is attributed to the increasing consumption of confectionery and bakery food products among consumers. Conventional products accounted for the largest market share of more than 73.0%, in 2018. These conventional products are produced by sugar beets and sugarcane. The powder sugar undergoes refining process resulting in striping down all vitamins and minerals. Thus, this factor can hamper the growth of this segment. However, the easy production process along with the low price is expected to drive the growth of this segment over the forecast period. Application-wise, the powdered sugar market is fragmented into the bakery, confectionery, dairy, and others. In 2018, the bakery segment accounted for the largest market share and expected to retain its position through the forecasted period. This is attributed to the increasing demand for various bakery food products such as cookies, pies, cakes, and pastries to maintain food structure and texture. The major players operating in this market are Domino Foods, Inc., Tate & Lyle Sugars, Taikoo Sugar Ltd., American Crystal Sugar Company, Wholesome Sweeteners, Inc., Imperial Sugar, Nordic Sugar A/S, Südzucker United Kingdom Ltd., Cargill, Inc., COFCO International, and Nanning Sugar Industry Co., Ltd. Market players are majorly concentrating on product development and innovation to sustain in the competitive market and gain the largest market share. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-powdered-sugar-market/request-sample

  2. Further key findings from the report suggest: • Among products, the organic products is expected to register fastest CAGR of more than 4.5% from 2019 to 2025. • Bakery application accounted largest market share of 33.0%, in 2018. • North America held the largest market share, in 2018 and expected to grow with significant CAGR over the forecast period. • The major players included in this market are Tate & Lyle Sugars, Domino Foods, Inc., Taikoo Sugar Ltd., American Crystal Sugar Company, Wholesome Sweeteners, Inc., Imperial Sugar, Nordic Sugar A/S, Südzucker United Kingdom Ltd., Cargill, Inc., COFCO International and Nanning Sugar Industry Co., Ltd. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-powdered-sugar-market Million Insights has segmented the global powdered sugar market on the basis of product, application, and region: Product Outlook (Revenue, USD Million, 2015 - 2025) • Conventional • Organic Application Outlook (Revenue, USD Million, 2015 - 2025) • Bakery • Confectionery • Dairy • Others

  3. Powdered Sugar Regional Outlook (Revenue, USD Million, 2015 - 2025) • North America • U.S. • Europe • Germany • U.K. • Asia Pacific • India • China • Japan • Central & South America • Brazil • Middle East & Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/consumer-goods

  4. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

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