PUBLISHER: KBV Research | PRODUCT CODE: 1599407
PUBLISHER: KBV Research | PRODUCT CODE: 1599407
The Europe Brown Sugar Market would witness market growth of 12.7% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 770.46 Kilo Tonnes, showcasing a growth of 9.1% (2020-2023).
Dark brown sugar contains a higher percentage of molasses-typically around 6.5%-giving it a deeper color and a more robust, complex flavor profile. The molasses imparts a rich, almost smoky sweetness with hints of toffee and caramel, which makes it ideal for applications that benefit from a bolder flavor. Dark brown sugar is commonly used in recipes for gingerbread, barbecue sauces, baked beans, and certain types of cookies and cakes where a more pronounced molasses taste is desired. Thus, the Dark Brown Segment in Germany market consumed 63.47 Kilo Tonnes in 2023.
The Germany market dominated the Europe Brown Sugar Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,286 Million by 2031. The UK market is exhibiting a CAGR of 11.8% during (2024 - 2031). Additionally, The France market would experience a CAGR of 13.6% during (2024 - 2031).
This sugar has applications in the pharmaceutical industry, primarily as an excipient (inactive ingredient) in preparing syrups and other liquid medicines. Its molasses content offers a natural sweetener with some therapeutic properties, such as mild antiseptic effects. Moreover, it is used to mask unpleasant tastes in medicines.
The adoption of this sugar has witnessed notable growth, driven by several factors. The increasing preference for healthier, natural ingredients and consumer demand for less processed foods has propelled this sugar's popularity. With consumers becoming more health-conscious, there has been a growing preference for natural and minimally processed food ingredients.
The steady increase in retail food sales in Italy suggests a growing consumption of packaged food products, many of which rely on this sugar as a key ingredient. Supermarkets and hypermarkets, which registered notable sales growth, provide an ideal distribution network for this sugar-based products such as confectionery, baked goods, and beverages. The growth of the beverage sector, being the largest manufacturing category, is directly relevant to this market, as this sugar is a key ingredient in many beverages, including soft drinks, alcoholic beverages, and specialty drinks. As demand for beverages continues to grow, particularly in both the non-alcoholic and alcoholic segments, there will likely be an increased need for this sugar. This allows brown sugar producers and suppliers to cater to a rapidly expanding market. Therefore, the rising food retail industry and beverage sector in the region are driving the market's growth.
Based on Product Type, the market is segmented into Light Brown, and Dark Brown. Based on Application, the market is segmented into Bakery & Confectionery, Beverages, Dairy, and Other Applications. Based on Form, the market is segmented into Granules, Powder, and Other Forms. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Specialty Retailers, Online, and Other Distribution Channel. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Brown Sugar Market Report Segmentation
By Product Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Form (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)