The Japan Sugar Market is anticipated to expand at a CAGR of 2.03% over the course of the forecast period, from US$5.017 billion in 2020 to a total market value of US$5.797 billion in 2027.
Several soluble carbohydrates with a sweet flavour and that are used in food are collectively referred to as sugar. After being extracted from the sugar beet or sugar cane plant, sugar can then be transformed into a variety of forms. Sugar have applications in both food and non-food industries. Sugar has a number of important applications in food sector along with providing a sweet taste. It serves as a preserver and stops the growth of bacteria.
However, the younger population is switching to low-calorie sugar or artificial sweeteners, which could constrain the market in the region.
Consumption in food industry to boost the sugar market in Japan
Consumers are demanding more sugar these days, which is anticipated to contribute to the market's expansion in the country. This is because more people are consuming foods and beverages with added sugar. Additionally, there is a high demand for sugar due to the widespread consumption of sweet foods and desserts, which will support market expansion. These days, sugar is used for a variety of reasons across a wide range of industries, including bakery, confectionery, canned and frozen food, pharmaceuticals, etc. Additionally, leading players' increased investment and product innovation along with new product launches may further support the market's expansion.
1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. JAPAN SUGAR MARKET ANALYSIS, BY FORM
5.2. Sugar Cubes
5.3. Granulated Sugar
5.4. Powdered Sugar
5.5. Sugar Syrup
6. JAPAN SUGAR Market ANALYSIS, BY mODE OF SOURCE
6.2. Cane Sugar
6.3. Beet Sugar
7. JAPAN SUGAR MARKET ANALYSIS, BY USE
7.2. Food and Beverages
8. JAPAN SUGAR MARKET ANALYSIS, BY USE
9. COMPETITIVE INTELLIGENCE
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. Nissin Sugar Co., Ltd.
10.2. Wilmar International Ltd
10.3. Mitsui DM Sugar Co., Ltd.
10.4. Nippon Beet Sugar Manufacturing Co., Ltd.
Nissin Sugar Co., Ltd.
Wilmar International Ltd
Mitsui DM Sugar Co., Ltd.
Nippon Beet Sugar Manufacturing Co., Ltd.
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