Brown Sugar is a sucrose sugar product which has a distinctive brown colour due to the presence of molasses. It is either an partially refined or unrefined soft sugar which consists of sugar crystals with some residual molasses content which is natural brown sugar, or it is produced by the addition of molasses to refined white sugar which is called commercial brown sugar.
Asia Pacific Brown Sugar Market was worth USD 6.16 billion in 2018 and estimated to be growing at a CAGR of 7.92%, to reach USD 9.02 billion by 2023.
Brown sugar is commonly produced by adding sugarcane molasses to white sugar crystals which is completely refined to carefully control the ratio of sugar crystals to molasses and to reduce cost of manufacturing. Brown sugar which is prepared in this manner is often much rougher than its unrefined equivalent and its molasses can be easily removed from the crystals by simply washing to obtain white sugar crystals; in contrast, with unrefined brown sugar, washing will reveal underlying crystals which have off-white colour due to the presence of molasses. The white sugar used can be from either cane or beet, as the nutritional value, chemical composition, colour, and taste of fully refined white sugar is the same for practical purposes.
The driving factors of Asia Pacific Brown Sugar market are the growth of the food and beverages industry in urban areas in recent times. The demand for beverages in particular has increased dramatically due to the growing demand from urban areas, where sweetened beverages have become increasingly popular, and is going to be a key driver for the brown sugar market in the forecast period. The growing demand for energy drinks and fruit-flavoured or fruit-based beverages is likely to remain a key driver for the brown sugar market, since the molasses content of brown sugar and its brown colour usually make it unpopular for using it as table sugar in households.
Asia Pacific Brown Sugar Market is segmented based on type into light brown sugar and dark brown sugar. Based on application, the market is divided into bakery, confectionary, ice-creams and beverages. By distribution channel, the market is categorised into hypermarkets and supermarkets, convenience stores, retailers and speciality stores.
The Asia Pacific Brown Sugar market is divided based on geography into India, China, Japan, Australia and other parts of the region. Asia Pacific has the largest market for brown sugar in the world by share. It is also the fastest growing region in the world, since brown sugar is used traditionally in local cuisines. Factors such as growing consumption of sweetened drinks and growing sugar production are expected to propel the market growth in the region.
Some of the major players in the market are AkzoNobel NV, Masco Corporation, Hempel A/S, Axalta Coating Systems Ltd., Jotun A/S, The Valspar Corporation, Nippon Paint Holding Co. Ltd., BASF SE, and PPG Industries Inc.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Light Brown Sugar
5.1.2 Dark Brown Sugar
5.1.3 Y-o-Y Growth Analysis, By Type
5.1.4 Market Attractiveness Analysis, By Type
5.1.5 Market Share Analysis, By Type
5.2 Application
5.2.1 Bakery
5.2.2 Confectionary
5.2.3 Ice-Creams
5.2.4 Beverages
5.2.5 Y-o-Y Growth Analysis, By Application
5.2.6 Market Attractiveness Analysis, By Application
5.2.7 Market Share Analysis, By Application
5.3 Distribution Channels
5.3.1 Hypermarkets and Supermarkets
5.3.2 Convenience Stores
5.3.3 Retailers
5.3.4 Speciality Stores
5.3.5 Y-o-Y Growth Analysis, By Distribution Channels
5.3.6 Market Attractiveness Analysis, By Distribution Channels
5.3.7 Market Share Analysis, By Distribution Channels
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Type
6.1.3.2 By Application
6.1.3.3 By Distribution Channels
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Type
6.1.4.2 By Application
6.1.4.3 By Distribution Channels
6.1.5 Market Share Analysis
6.1.5.1 By Type
6.1.5.2 By Application
6.1.5.3 By Distribution Channels
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 AkzoNobel NV
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Masco Corporation
8.3 Hempel A/S
8.4 Axalta Coating Systems Ltd.
8.5 Jotun A/S
8.6 The Valspar Corporation
8.7 Nippon Paint Holding Co. Ltd.
8.8 BASF SE
8.9 PPG Industries Inc.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Asia Pacific Brown Sugar Market By Type, From 2018-2023 ( USD Billion )
Asia Pacific Light Brown Sugar Market By Region, From 2018-2023 ( USD Billion )
Asia Pacific Dark Brown Sugar Market By Region, From 2018-2023 ( USD Billion )
Asia Pacific Brown Sugar Market By Application, From 2018-2023 ( USD Billion )
Asia Pacific Bakery Market By Region, From 2018-2023 ( USD Billion )
Asia Pacific Confectionary Market By Region, From 2018-2023 ( USD Billion )
Asia Pacific Ice-Creams Market By Region, From 2018-2023 ( USD Billion )
Asia Pacific Beverages Market By Region, From 2018-2023 ( USD Billion )
Asia Pacific Brown Sugar Market By Distribution Channels, From 2018-2023 ( USD Billion )
Asia Pacific Hypermarkets and Supermarkets Market By Region, From 2018-2023 ( USD Billion )
Asia Pacific Convenience Stores Market By Region, From 2018-2023 ( USD Billion )
Asia Pacific Retailers Market By Region, From 2018-2023 ( USD Billion )
Asia Pacific Speciality Stores Market By Region, From 2018-2023 ( USD Billion )
Japan Brown Sugar Market By Type, From 2018-2023 ( USD Billion )
Japan Brown Sugar Market By Application, From 2018-2023 ( USD Billion )
Japan Brown Sugar Market By Distribution Channels, From 2018-2023 ( USD Billion )
China Brown Sugar Market By Type, From 2018-2023 ( USD Billion )
China Brown Sugar Market By Application, From 2018-2023 ( USD Billion )
China Brown Sugar Market By Distribution Channels, From 2018-2023 ( USD Billion )
India Brown Sugar Market By Type, From 2018-2023 ( USD Billion )
India Brown Sugar Market By Application, From 2018-2023 ( USD Billion )
India Brown Sugar Market By Distribution Channels, From 2018-2023 ( USD Billion )
Australia Brown Sugar Market By Type, From 2018-2023 ( USD Billion )
Australia Brown Sugar Market By Application, From 2018-2023 ( USD Billion )
Australia Brown Sugar Market By Distribution Channels, From 2018-2023 ( USD Billion )
South Korea Brown Sugar Market By Type, From 2018-2023 ( USD Billion )
South Korea Brown Sugar Market By Application, From 2018-2023 ( USD Billion )
South Korea Brown Sugar Market By Distribution Channels, From 2018-2023 ( USD Billion )
