Sugarcane syrup is a thick viscous, amber to golden colored syrup, which possesses a sweet flavor.
Due to the COVID-19 pandemic, the global Sugarcane Syrup market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Sugarcane Syrup market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Sugarcane Syrup landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Sugarcane syrup made from sugarcane is widely used as a natural sweetener and flavoring agent by food industries for a variety of food products. It is widely used in the preparation of various bakery products such as waffles, cakes, pancakes, bread rolls, and French toast, as it helps retain moisture and prolong freshness, thus increasing their shelf life. In addition, it is used for flavoring a wide range of food products such as hot cereal, ice cream, sausages, fruit juices, corn fritters, baked beans, fresh donuts, and baked apples. Moreover, using sugarcane syrup in the preparation of bakery products is one of the traditional bakery practices. This is anticipated to increase the demand for sugarcane syrup in the market. Health benefits associated with sugarcane syrup has increased its consumption and usage among households, thereby driving the growth of Africa and Middle East sugarcane syrup market.
This report focuses on Sugarcane Syrup volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Sugarcane Syrup market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Sugarcane Syrup Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Pure Sugarcane Syrup
Mix Sugarcane Syrup
Segment by Application
Confectionery
Dairy
Prepared Mix
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Associated British Foods
Super Syrups
Tongaat Hulett
BKB
Sunshine Sugar
FROZY EGYPT
Kenana Sugar Company
White Nile Sugar Company (WNSC)
GM Sugar Uganda
Kinyara Sugar Works
Royal Swaziland Sugar