- Press Release -

Rockville, Md. The global refined beet market is set to exceed US$ 14 Bn by 2022 on steady growth, according to Fact.MR, as rising demand for refined sugar prompts producers to shift from sugarcane toward sugar beets. Beet-derived sugar's role in making artificial sweeteners, now used widely across food and beverages, adds a second layer of demand.

Asia Pacific excluding Japan is the largest region, liquid sugars lead the product mix, and food processing is the biggest end use.

Products, End Use and Regions

Liquid sugars account for more than a third of revenue and are the top-selling product, with powdered sugars gaining traction toward the latter half of the period. By end use, food processing dominates and consumes over US$ 6 Bn by 2022, driven partly by its role in artificial sweeteners, while retail takes more than a quarter of revenue and grows, with industrial uses also rising.

Asia Pacific excluding Japan holds the largest share and grows at a 5.2% CAGR, while North America and Europe together contribute nearly US$ 2.2 Bn by 2022.

Sugar Demand Drives Growth

The market runs on the pull toward refined sugar. As factory owners move from cane to beet and as sweetener applications widen, refined beet sees dependable demand, with producers working to bridge the gap between beet growers and refineries through the forecast period.

Suppliers and Their Playbook

The field brings together large sugar producers.

• Nordzucker Gmbh & Co KG, Cosan SA Industria and Commercio, Tereos international limited, Suedzucker AG, Associated British Foods Plc., Louis Dreyfus Company, Shree Renuka Sugars Limited, Wilmar International Limited, and American Crystal Sugar Company are among the key players in the report.

Reading the Market for Decisions

For producers, growth favours liquid sugars and food processing supply. Investors get a market with steady, demand-led growth. Procurement teams can plan around food processing carrying volume, liquid sugars leading the product mix, and Asia Pacific offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global refined beet market for the 2017 to 2022 forecast period, with segmentation by product type, end use and region. It sizes each segment, maps the competitive field, and weighs the demand forces shaping the market. Further detail is available in the refined beet market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.