Report ID: UCMIG30C2052
Report ID:
UCMIG30C2052 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market for invert sugar, which is a liquid sweetener produced from a combination of granulated sugar and water, had a value of $2,233.02 million in 2022. It is expected to witness growth, with projections indicating an increase to $2,315.81 million in 2023 and further expanding to $3,136.20 million by 2030. This growth is driven by a compound annual growth rate (CAGR) of 4.43% over the forecast period. Inverted sugar syrups are commonly utilized in a range of food products, including baked goods, confectionery items, frozen desserts, and honey processing. The unique attributes of inverted sugar, such as enhanced sweetness and improved texture, have made it a preferred choice in the food and beverage industry, benefiting products like pastry fillings, such as ganache.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Food Retail by segment aggregation, the contribution of the Food Retail in Food & Staples Retailing and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG30C2052