Raw Beetroot Sugar Market Size Worth $7.26 Billion by 2032 | CAGR: 4.28%

The global raw beetroot sugar market size is expected to reach USD 7.26 billion by 2032, according to a new study by Polaris Market Research. The report “Raw Beetroot Sugar Market Share, Size, Trends, Industry Analysis Report, By Product Type (Brown Sugar and Organic Sugar); By Application; By End User; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increasing prevalence and demand for healthier sweeteners, expansion of food & beverage industry, and growing awareness about the sustainability along with the technological advancements in cultivation, processing, and production techniques or technologies are among the prominent factors driving the demand and growth of the market. Additionally, shifting dietary patterns and consumer lifestyles and higher reliance of consumers on convenience and processed food products have encouraged manufacturers to develop more beetroot sugar-based products, which in turn, has been influencing the market in a positive manner.

For instance, in May 2023, Beneo, unveiled its new ingredient named Beneo-scL85, mainly to reduce the sugar content and help the manufacturers to meet growing consumer demands for low-sugar products. It provides a mildly sweet taste, good solubility, and natural credentials which contribute to enhanced texture and taste.

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In the recent years, sustainability is emerging as a significant trend in the market, as consumers are increasingly concerned about the environmental impact of food production, hence manufacturers are seeking and adopting sustainable practices in the production and processing of raw beetroot sugar, that makes the product more sustainable than conventional refined sugar, as sugar beets require less water and energy for cultivation, thereby positively contributing towards the market growth.

Furthermore, innovations in extraction and processing methods that have improved the efficiency and quality of raw beetroot sugar production and growing incorporation of advanced equipment such as automated beet slicing machines, extraction systems, and purification technologies, which have led to higher extraction rates, reduced energy consumption, and improved sugar recovery, is opening up new growth avenues for the companies operating in the market.

Raw Beetroot Sugar Market Report Highlights

• Brown sugar segment accounted for global market share in 2022, which is mainly driven by its numerous beneficial characteristics and widespread use to sweetened different food products
• Beet processing industry segment held the majority market revenue share in 2022, mainly due to higher consumption and demand for processed food products across the globe
• Food processors segment is projected to witness significant growth rate over the coming years, owing to surge in the investments and innovations in the processing technologies like purification and refining
• The North America region dominated the market with substantial share in 2022, on account of increasing number of consumers seeking for healthier sweetener options and awareness about the potential benefits of beet sugar
• The global key market players include Nordic Sugar, Western Sugar Cooperative, Syngenta, Sidney Sugars, and American Crystal Sugar

Polaris Market Research has segmented the raw beetroot sugar market report based on product type, application, end user, and region:

Raw Beetroot Sugar, Product Type Outlook (Revenue - USD Billion, 2023 - 2032)

• Brown Sugar
• Organic Sugar

Raw Beetroot Sugar, Application Outlook (Revenue - USD Billion, 2023 - 2032)

• Beet Processing Industry
• Transportation Fuel
• Pharmaceutical
• Food & Beverage
• Others

Raw Beetroot Sugar, End User Outlook (Revenue - USD Billion, 2023 - 2032)

• Food Processors
• Livestock Feed
• Retailers
• Industrial Uses
• Others

Raw Beetroot Sugar, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Raw Beetroot Sugar Market Report Scope