Latin America Brown Sugar Market

Latin America Brown Sugar Market Size (2024 to 2032)

Latin America Brown Sugar market is predicted to grow at a CAGR of 7.66% from 2024 to 2032 and the market size is expected to be valued at USD 5.20 billion by 2032 from USD 2.88 billion in 2024.

MARKET OVERVIEW

Brown Sugar is a sucrose sugar product which has a distinctive brown colour due to the presence of molasses. It is either a 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. 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 the 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 are the same for practical purposes.

The driving factors of Latin America 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-flavored 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.

This research report on the Latin America Brown Sugar market has been segmented and sub-segmented into the following categories.

Latin America Brown Sugar Market By Type 

• light brown sugar

• dark brown sugar

Latin America Brown Sugar Market By Application

• bakery

• confectionary

• ice-creams

• beverages

Latin America Brown Sugar Market By Distribution Channel

• hypermarkets

• supermarkets

• convenience stores

• retailers

• speciality stores

Latin America Brown Sugar Market By Country

• Brazil

• Argentina

• Chile

• Peru

KEY MARKET PLAYERS

• AkzoNobel NV
• Masco Corporation
• Hempel A/S
• Axalta Coating Systems Ltd.
• Jotun A/S
• The Valspar Corporation
• Nippon Paint Holding Co. Ltd.
• BASF SE
• PPG Industries Inc