Asia Pacific Powdered Sugar Market Size, Share & Trends Analysis Report By Product (Conventional and Organic), By Application (Bakery, Dairy, Confectionery and Others), By Country and Growth Forecast, 2023 - 2030

PUBLISHED: March 7, 2024

PAGES: 112 Pages

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The Asia Pacific Powdered Sugar Market would witness market growth of 6.5% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1,098.5 kilo tonnes, showcasing a growth of 5.4% (2019-2022).

The versatility of powdered sugar in the bakery realm extends to its use in fillings, doughs, and icings, playing a crucial role in achieving the desired taste and texture. The advantages of powdered sugar in bakery applications include its ability to dissolve easily, providing a smooth consistency to icings and glazes. Its fine particle size ensures uniform blending, contributing to the overall quality and aesthetics of baked goods. Therefore, the Australia Market consumed 408.87 kilo tonnes powdered sugar in bakery applications in 2022.

The China market dominated the Asia Pacific Powdered Sugar Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $784.6 Million by 2030, growing at a CAGR of 4.3 % during the forecast period. The Japan market is exhibiting a CAGR of 5.7% during (2023 - 2030). Additionally, The India market would experience a CAGR of 7.1% during (2023 - 2030).

Powdered sugar is preferred for its ease of use and convenience. Unlike granulated sugar, which needs to be dissolved in liquid, it dissolves quickly and easily, making it suitable for culinary applications. Its fine texture also ensures smooth and uniform incorporation into batters, doughs, and mixes, resulting in consistent results every time.

Moreover, this is primarily used as a sweetening agent to add sweetness to various food and beverage products. Its ability to dissolve rapidly ensures even distribution of sweetness throughout the product, providing a balanced and consistent flavor profile.

According to the Australian Bureau of Statistics data, grocery stores, supermarkets, specialty food, and fresh food markets sold 14.7 million tons of food and non-alcoholic beverages in 2020-21. In comparison to the preceding 12-month period (2019-20), this was up 1.4% (204,100 tons) and up 4.9% (686,000 tons) from 2018-19. The increasing retail sales of food and beverage products in Australia positively impact the market, driving demand, stimulating innovation, and creating market growth and expansion opportunities.

Based on Product, the market is segmented into Conventional and Organic. Based on Application, the market is segmented into Bakery, Dairy, Confectionery and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

Sudzucker AG
Tate & Lyle Plc.
Louis Dreyfus Company B.V.
Cargill, Incorporated
Nordzucker AG (Nordzucker Holding AG)
COFCO Corporation
Associated British Foods PLC (Wittington Investments Limited)
weikfield foods pvt. Ltd.
American Crystal Sugar Company
Whole Earth Brands, Inc.

Asia Pacific Powdered Sugar Market Report Segmentation

By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Conventional
Organic

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Bakery
Dairy
Confectionery
Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

China
Japan
India
South Korea
Australia
Malaysia
Rest of Asia Pacific

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Asia Pacific Powdered Sugar Market, by Product
- 1.4.2Asia Pacific Powdered Sugar Market, by Application
- 1.4.3Asia Pacific Powdered Sugar Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.Asia Pacific Powdered Sugar Market by Product

4.1Asia Pacific Conventional Market by Country
4.2Asia Pacific Organic Market by Country

Chapter 5.Asia Pacific Powdered Sugar Market by Application

5.1Asia Pacific Bakery Market by Country
5.2Asia Pacific Dairy Market by Country
5.3Asia Pacific Confectionery Market by Country
5.4Asia Pacific Others Market by Country

Chapter 6.Asia Pacific Powdered Sugar Market by Country

6.1China Powdered Sugar Market
- 6.1.1China Powdered Sugar Market by Product
- 6.1.2China Powdered Sugar Market by Application
6.2Japan Powdered Sugar Market
- 6.2.1Japan Powdered Sugar Market by Product
- 6.2.2Japan Powdered Sugar Market by Application
6.3India Powdered Sugar Market
- 6.3.1India Powdered Sugar Market by Product
- 6.3.2India Powdered Sugar Market by Application
6.4South Korea Powdered Sugar Market
- 6.4.1South Korea Powdered Sugar Market by Product
- 6.4.2South Korea Powdered Sugar Market by Application
6.5Australia Powdered Sugar Market
- 6.5.1Australia Powdered Sugar Market by Product
- 6.5.2Australia Powdered Sugar Market by Application
6.6Malaysia Powdered Sugar Market
- 6.6.1Malaysia Powdered Sugar Market by Product
- 6.6.2Malaysia Powdered Sugar Market by Application
6.7Rest of Asia Pacific Powdered Sugar Market
- 6.7.1Rest of Asia Pacific Powdered Sugar Market by Product
- 6.7.2Rest of Asia Pacific Powdered Sugar Market by Application

Chapter 7.Company Profiles

7.1Sudzucker AG
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expenses
- 7.1.5SWOT Analysis
7.2Tate & Lyle PLC
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental & Regional Analysis
- 7.2.4Research & Development Expense
- 7.2.5SWOT Analysis
7.3Louis Dreyfus Company B.V.
- 7.3.1Company Overview
- 7.3.2Financial Analysis
- 7.3.3Segmental and Regional Analysis
7.5Nordzucker AG (Nordzucker Holding AG)
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Segmental Analysis
- 7.5.4Research & Development Expenses
- 7.5.5SWOT Analysis
7.6COFCO Corporation
- 7.6.1Company Overview
- 7.6.2SWOT Analysis
7.7Associated British Foods PLC (Wittington Investments Limited)
- 7.7.1Company Overview
- 7.7.2Financial Analysis
- 7.7.3Segmental and Regional Analysis
- 7.7.4Research & Development Expense
- 7.7.5SWOT Analysis
7.8Weikfield foods pvt. Ltd.
- 7.8.1Company Overview
7.9American Crystal Sugar Company
- 7.9.1Company Overview
- 7.9.2SWOT Analysis
7.10.Whole Earth Brands, Inc.
- 7.10.1Company Overview
- 7.10.2Financial Analysis
- 7.10.3Segmental and Regional Analysis
- 7.10.4Research & Development Expenses
- 7.10.5SWOT Analysis

LIST OF TABLES

TABLE 1Asia Pacific Powdered Sugar Market, 2019 - 2022, USD Million
TABLE 2Asia Pacific Powdered Sugar Market, 2023 - 2030, USD Million
TABLE 3Asia Pacific Powdered Sugar Market, 2019 - 2022, Kilo Tonnes
TABLE 4Asia Pacific Powdered Sugar Market, 2023 - 2030, Kilo Tonnes
TABLE 5Asia Pacific Powdered Sugar Market by Product, 2019 - 2022, USD Million
TABLE 6Asia Pacific Powdered Sugar Market by Product, 2023 - 2030, USD Million
TABLE 7Asia Pacific Powdered Sugar Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 8Asia Pacific Powdered Sugar Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 9Asia Pacific Conventional Market by Country, 2019 - 2022, USD Million
TABLE 10Asia Pacific Conventional Market by Country, 2023 - 2030, USD Million
TABLE 11Asia Pacific Conventional Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12Asia Pacific Conventional Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13Asia Pacific Organic Market by Country, 2019 - 2022, USD Million
TABLE 14Asia Pacific Organic Market by Country, 2023 - 2030, USD Million
TABLE 15Asia Pacific Organic Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16Asia Pacific Organic Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17Asia Pacific Powdered Sugar Market by Application, 2019 - 2022, USD Million
TABLE 18Asia Pacific Powdered Sugar Market by Application, 2023 - 2030, USD Million
TABLE 19Asia Pacific Powdered Sugar Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 20Asia Pacific Powdered Sugar Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 21Asia Pacific Bakery Market by Country, 2019 - 2022, USD Million
TABLE 22Asia Pacific Bakery Market by Country, 2023 - 2030, USD Million
TABLE 23Asia Pacific Bakery Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24Asia Pacific Bakery Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25Asia Pacific Dairy Market by Country, 2019 - 2022, USD Million
TABLE 26Asia Pacific Dairy Market by Country, 2023 - 2030, USD Million
TABLE 27Asia Pacific Dairy Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28Asia Pacific Dairy Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29Asia Pacific Confectionery Market by Country, 2019 - 2022, USD Million
TABLE 30Asia Pacific Confectionery Market by Country, 2023 - 2030, USD Million
TABLE 31Asia Pacific Confectionery Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32Asia Pacific Confectionery Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 34Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 35Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37Asia Pacific Powdered Sugar Market by Country, 2019 - 2022, USD Million
TABLE 38Asia Pacific Powdered Sugar Market by Country, 2023 - 2030, USD Million
TABLE 39Asia Pacific Powdered Sugar Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40Asia Pacific Powdered Sugar Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41China Powdered Sugar Market, 2019 - 2022, USD Million
TABLE 42China Powdered Sugar Market, 2023 - 2030, USD Million
TABLE 43China Powdered Sugar Market, 2019 - 2022, Kilo Tonnes
TABLE 44China Powdered Sugar Market, 2023 - 2030, Kilo Tonnes
TABLE 45China Powdered Sugar Market by Product, 2019 - 2022, USD Million
TABLE 46China Powdered Sugar Market by Product, 2023 - 2030, USD Million
TABLE 47China Powdered Sugar Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 48China Powdered Sugar Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 49China Powdered Sugar Market by Application, 2019 - 2022, USD Million
TABLE 50China Powdered Sugar Market by Application, 2023 - 2030, USD Million
TABLE 51China Powdered Sugar Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 52China Powdered Sugar Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 53Japan Powdered Sugar Market, 2019 - 2022, USD Million
TABLE 54Japan Powdered Sugar Market, 2023 - 2030, USD Million
TABLE 55Japan Powdered Sugar Market, 2019 - 2022, Kilo Tonnes
TABLE 56Japan Powdered Sugar Market, 2023 - 2030, Kilo Tonnes
TABLE 57Japan Powdered Sugar Market by Product, 2019 - 2022, USD Million
TABLE 58Japan Powdered Sugar Market by Product, 2023 - 2030, USD Million
TABLE 59Japan Powdered Sugar Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 60Japan Powdered Sugar Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 61Japan Powdered Sugar Market by Application, 2019 - 2022, USD Million
TABLE 62Japan Powdered Sugar Market by Application, 2023 - 2030, USD Million
TABLE 63Japan Powdered Sugar Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 64Japan Powdered Sugar Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 65India Powdered Sugar Market, 2019 - 2022, USD Million
TABLE 66India Powdered Sugar Market, 2023 - 2030, USD Million
TABLE 67India Powdered Sugar Market, 2019 - 2022, Kilo Tonnes
TABLE 68India Powdered Sugar Market, 2023 - 2030, Kilo Tonnes
TABLE 69India Powdered Sugar Market by Product, 2019 - 2022, USD Million
TABLE 70India Powdered Sugar Market by Product, 2023 - 2030, USD Million
TABLE 71India Powdered Sugar Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 72India Powdered Sugar Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 73India Powdered Sugar Market by Application, 2019 - 2022, USD Million
TABLE 74India Powdered Sugar Market by Application, 2023 - 2030, USD Million
TABLE 75India Powdered Sugar Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76India Powdered Sugar Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77South Korea Powdered Sugar Market, 2019 - 2022, USD Million
TABLE 78South Korea Powdered Sugar Market, 2023 - 2030, USD Million
TABLE 79South Korea Powdered Sugar Market, 2019 - 2022, Kilo Tonnes
TABLE 80South Korea Powdered Sugar Market, 2023 - 2030, Kilo Tonnes
TABLE 81South Korea Powdered Sugar Market by Product, 2019 - 2022, USD Million
TABLE 82South Korea Powdered Sugar Market by Product, 2023 - 2030, USD Million
TABLE 83South Korea Powdered Sugar Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 84South Korea Powdered Sugar Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 85South Korea Powdered Sugar Market by Application, 2019 - 2022, USD Million
TABLE 86South Korea Powdered Sugar Market by Application, 2023 - 2030, USD Million
TABLE 87South Korea Powdered Sugar Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 88South Korea Powdered Sugar Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 89Australia Powdered Sugar Market, 2019 - 2022, USD Million
TABLE 90Australia Powdered Sugar Market, 2023 - 2030, USD Million
TABLE 91Australia Powdered Sugar Market, 2019 - 2022, Kilo Tonnes
TABLE 92Australia Powdered Sugar Market, 2023 - 2030, Kilo Tonnes
TABLE 93Australia Powdered Sugar Market by Product, 2019 - 2022, USD Million
TABLE 94Australia Powdered Sugar Market by Product, 2023 - 2030, USD Million
TABLE 95Australia Powdered Sugar Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 96Australia Powdered Sugar Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 97Australia Powdered Sugar Market by Application, 2019 - 2022, USD Million
TABLE 98Australia Powdered Sugar Market by Application, 2023 - 2030, USD Million
TABLE 99Australia Powdered Sugar Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100Australia Powdered Sugar Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101Malaysia Powdered Sugar Market, 2019 - 2022, USD Million
TABLE 102Malaysia Powdered Sugar Market, 2023 - 2030, USD Million
TABLE 103Malaysia Powdered Sugar Market, 2019 - 2022, Kilo Tonnes
TABLE 104Malaysia Powdered Sugar Market, 2023 - 2030, Kilo Tonnes
TABLE 105Malaysia Powdered Sugar Market by Product, 2019 - 2022, USD Million
TABLE 106Malaysia Powdered Sugar Market by Product, 2023 - 2030, USD Million
TABLE 107Malaysia Powdered Sugar Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 108Malaysia Powdered Sugar Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 109Malaysia Powdered Sugar Market by Application, 2019 - 2022, USD Million
TABLE 110Malaysia Powdered Sugar Market by Application, 2023 - 2030, USD Million
TABLE 111Malaysia Powdered Sugar Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 112Malaysia Powdered Sugar Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 113Rest of Asia Pacific Powdered Sugar Market, 2019 - 2022, USD Million
TABLE 114Rest of Asia Pacific Powdered Sugar Market, 2023 - 2030, USD Million
TABLE 115Rest of Asia Pacific Powdered Sugar Market, 2019 - 2022, Kilo Tonnes
TABLE 116Rest of Asia Pacific Powdered Sugar Market, 2023 - 2030, Kilo Tonnes
TABLE 117Rest of Asia Pacific Powdered Sugar Market by Product, 2019 - 2022, USD Million
TABLE 118Rest of Asia Pacific Powdered Sugar Market by Product, 2023 - 2030, USD Million
TABLE 119Rest of Asia Pacific Powdered Sugar Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 120Rest of Asia Pacific Powdered Sugar Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 121Rest of Asia Pacific Powdered Sugar Market by Application, 2019 - 2022, USD Million
TABLE 122Rest of Asia Pacific Powdered Sugar Market by Application, 2023 - 2030, USD Million
TABLE 123Rest of Asia Pacific Powdered Sugar Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 124Rest of Asia Pacific Powdered Sugar Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 125Key Information - Sudzucker AG
TABLE 126Key Information - Tate & Lyle PLC
TABLE 127Key Information - Louis Dreyfus Company B.V.
TABLE 128Key Information - Cargill, Incorporated
TABLE 129Key Information - Nordzucker AG
TABLE 130Key Information - COFCO Corporation
TABLE 131Key Information - Associated British Foods PLC
TABLE 132Key Information - Weikfield foods pvt. Ltd.
TABLE 133Key Information - American Crystal Sugar Company
TABLE 134Key Information - Whole Earth Brands, Inc.