Upcoming Allied Market Research
Caster Sugar Market

Caster Sugar Market

by Category (Organic, Conventional), by End User (Food Retail, Food Service, Food Processing) : Global Opportunity Analysis and Industry Forecast, 2022-2032

Report Code: A43744
Pages: NA
Apr 2023 | 72 Views
Author(s) : Roshan D
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.


Caster sugar, also known as superfine sugar or baker's sugar, is a type of granulated sugar that is finer in texture than regular granulated sugar. Caster sugar is often used in baking and cooking because its fine texture dissolves quickly and distributes more evenly in recipes, resulting in a smoother texture and more consistent results. Caster sugar is made by grinding granulated sugar into smaller particles and is commonly used in recipes for cakes, cookies, and other baked goods, as well as in meringues and other desserts. In addition, sugar is often used in the process of fermentation to feed yeast and promote growth. As yeast can consume different types of sugars, including glucose, fructose, and sucrose, which is what caster sugar is made of. A growing number of bakeries and cafés and the quick development of the hospitality sector driven by economic and global tourism trends are predicted to promote market growth. The primary factors supporting the growth of the globally this market during the forecast period include increased use of the product in the food processing industry and brand awareness advertising by manufacturers.
Caster sugar is typically driven by demand from the food and beverage industry and individual consumers who use it for home baking and cooking. As The COVID-19 pandemic has led to a surge in home baking and cooking, as people spend more time at home and look for ways to stay entertained and feed their families. This has led to increased demand for baking ingredients, including caster sugar. Moreover, as more people have become interested in cooking and baking, the demand for high-quality, premium ingredients like caster sugar grows. It is frequently used in more upscale or gourmet recipes, which are gaining popularity among food enthusiasts. Furthermore, as people have become more health conscious and concerned about the environment, there has been an increase in demand for organic, all-natural, delicious, healthful, and clean-label ingredients. Due to FDA updated clean label regulations that show serving in bold font and serving size 7 daily value is updated, a majority of customers around the global now want clean label foods. The average life expectancy in many Sub-Saharan African countries is less than 60 years, compared to more than 80 years in Europe and Japan, owing to healthy food consumption, which is expected to boost caster sugar sales and contribute to market growth over the forecast period. Overall, the demand for caster sugar is being driven by a combination of convenience, consumer trends, and changing tastes and preferences.
Although, the increasing number of diabetics patients around the global is hindering the market growth of the caster sugar market. This is a source of carbohydrates and can raise blood sugar levels when consumed in excess. According to the World Health Organization, the number of people living with diabetes has been increasing over the past few decades. As of 2021, it is estimated that 422 million adults (age 18 years and older) are living with diabetes globally. This represents approximately 6% of the global adult population. Furthermore, Sugar consumption has been linked to various health problems, such as obesity, diabetes, and cardiovascular disease. As such, there is growing consumer concern about the health impacts of sugar consumption, which could impact demand for caster sugar. In addition, supply chain disruption due to weather events, transport disruptions, crop failures, and fluctuating sugar prices due to weather conditions, government policies, and global supply and demand are the factors that can impact the market growth of this market. Moreover, the growing trend towards reducing sugar consumption, which has led to the creation of sugar-free and low-sugar versions of popular recipes. This has led to a decrease in demand for traditional caster sugar and an increase in demand for alternative sweeteners.
The caster sugar market is expected to experience healthy growth in the future, with companies focusing on product innovation and new product launches to capture a larger share of the market. In addition, with the increasing trend towards sustainability and ethical sourcing, companies are expected to focus on producing environmentally friendly and ethically sourced caster sugar, which could further fuel growth in the market.
New development in the caster sugar market.
In February 2021, Raizen, the joint venture of Cosan SA and Royal Dutch Shell plc, acquired Biosev SA in a deal worth $670.3 million. The purchase was made by paying Biosev shareholders with 3.5% of Raizen's preferred shares and an additional 1.49% of redeemable shares. Biosev SA is a major player in Brazil's sugar and ethanol industry, with a total of 35 mills and a sugar cane crushing capacity of 105 million tons per year. The acquisition of Biosev will significantly expand Raizen's production and distribution capabilities in the biofuels sector, further consolidating its position as one of the largest sugar and ethanol producers in the global.
In February 2021, ASR Group (American Sugar Refining Inc), the largest cane sugar refining company in the global, invested Bonumose, a food technology company. The investment was made to help produce commercial low-cost, plant-based alternative sweeteners, specifically tagatose and allulose, to meet a wide range of consumer needs. Bonumose has developed and patented a production process for high-purity rare sugars, including tagatose and allulose, which are extracted from low-cost, abundant, plant-based starches. These alternative sweeteners have fewer calories than traditional sugars and a negligible glycemic index impact, making them a healthier choice for consumers who are seeking to reduce their sugar intake.
In November 2020, Louis Dreyfus Company Holdings B. V. (LDCH) signed an agreement to sell its indirect 45% equity stake in Louis Dreyfus Company B.V. (LDC) to Application Driven Quality of Service (ADQ), a state-owned holding company based in Abu Dhabi, United Arab Emirates. As part of the transaction, LDCH and ADQ also signed a long-term commercial supply agreement for the sale of agri-commodities to the United Arab Emirates.
Segment Overview: 
By category: the caster sugar market is divided into organic and conventional. The demand for organic caster sugar has been increasing in recent years, as more consumers are looking for organic and natural products. Organic caster sugar is produced using organic methods, without the use of synthetic pesticides, fertilizers, or other chemicals. This makes it more environmentally friendly and healthier for consumers. However, organic caster sugar is generally more expensive than conventionally produced caster sugar, so the demand for organic caster sugar may be more limited to consumers who prioritize organic and natural products and are willing to pay a premium for them.
However, conventional caster sugar is the most commonly available type of caster sugar, and it is produced using conventional methods that may involve the use of synthetic pesticides, fertilizers, or other chemicals. It is a highly refined sugar with a fine texture, often used in baking and desserts. Conventional caster sugar is generally less expensive than organic caster sugar, and it is widely used in the food industry due to its availability and low cost. However, some consumers may prefer organic caster sugar over conventional caster sugar due to concerns about the use of synthetic chemicals in conventional farming and food production.
By end-user: the caster sugar market is segmented into food retail, food services and food processing. Food retail is categorized into supermarkets and hypermarkets, convenience stores, online, and others. Food processing is also distributed into bakeries and confectionery, beverages and others. The food processing segment is expected to hold a large share. Caster sugar is primarily used as a preservative in a variety of food and beverage products, such as confectioneries and bakery goods, to prevent the growth of microorganisms. It is also used to prevent the formation of large ice crystals in frozen foods such as ice cream. In contrast, sugar promotes fermentation in yeast-based products. It's also used to keep moisture in baked goods and prevent staleness. It's an instant-dissolving sugar deal for meringues. It can also be found in baking, desserts, cocktails, and drinks.
By region: North America is dominating the market share over the forecast period. Caster sugar is widely used in North America for a variety of food and beverage applications, including baking, confectionery, and beverage sweetening. The U.S. and Canada are the primary markets for caster sugar in North America, with many leading sugar producers and distributors operating in these countries. Some of the leading companies in the caster sugar market in North America include Domino sugar, C&H sugar, and Imperial sugar. These companies offer a range of caster sugar products that cater to different customer needs and preferences, including organic and sustainably-sourced options.
Europe is expected to be the fastest-growing region in the upcoming years. Europe is widely used for baking and sweetening purposes. Many popular European desserts and baked goods call for caster sugar as an ingredient, such as macarons, meringues, and sponge cakes. In addition, some European countries have a strong tea-drinking culture, which also contributes to the demand for caster sugar.
Competitive analysis and profiles of the major players in the caster sugar market are American Crystal Sugar Company, British sugar plc., Cosum Beet Company, Dhanraj sugars Pvt. Ltd, CSR Ltd, Gempack foods, Goodman fielder, India Tree, Louis Dreyfus Company, Mitr Phol Sugar Corporation. Ltd., Nordzucker AG, Sunshine sugar, Tate & Lyle sugars (ASR Group), Thai Roong Ruang Group, and Wilmar International Ltd.

Caster Sugar Market Report Highlights

Aspects Details
By Category
  • Organic
  • Conventional
By End User
  • Food Retail
    • Supermarkets and Hypermarkets
    • Convenience Stores
    • Online
    • Others
  • Food Service
  • Food Processing
    • Bakery and Confectionery
    • Beverages
    • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players Sunshine Sugar, Goodman Fielder, Gem Pack Foods, British Sugar plc, Thai Roong Ruang Group, TATE & LYLE SUGARS (ASR GROUP), Mitr Phol Sugar Corporation., Ltd., Cosun Beet Company, India Tree, Dhanraj Sugars Pvt. Ltd.

Loading Table Of Content...

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Caster Sugar Market

Start reading.
This Report and over 19,981+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,570
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,730
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise

  • $9,600
  • Unlimited
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers