Netherlands Sugar Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Form (Granulated, Powdered, Syrup), By Source (Cane Sugar, Beet Sugar), By Use (Food And Beverage, Pharmaceuticals), And By Distribution Channel (Online, Offline) - Forecasts From 2022 To 2027

The Netherlands Sugar Market is anticipated to expand at a CAGR of 4.65% over the course of the forecast period, from US$753.531 million in 2020 to a total market value of US$1036.008 million in 2027.

The term "sugar" refers to a group of soluble carbohydrates that have a sweet flavor and are utilized in food. After being extracted from the sugar beet or sugar cane plant, sugar can then be transformed into a variety of forms. Along with giving meals a sweet taste, sugar has several significant uses in the food industry. It preserves food and inhibits bacterial growth.

However, the region's market may be constrained by the younger population's switch to low-calorie sugar or artificial sweeteners.

Consumption in food industry to boost the sugar market in Netherland

Consumers are requesting more sugar, which is anticipated to aid in the country's market expansion. This is a result of an increase in the consumption of added sugar-containing foods and beverages. The widespread consumption of sweet meals and desserts also contributes to the increasing demand for sugar, which will boost market expansion. A few examples of goods used industrially include beverages (such as soda, juice, yoghurt, and soymilk), ice cream, canned fruit, candies, bakeries, brewing, and medicines. Another factor that may help the market's growth is the main players' increased investment in product innovation and new product launches.

Key Developments:

• June 2021: The Cosun Beet Company headquartered in Netherland, acquired the sole ownership of Limako bv, a global sugar trading company. It purchased the remaining 49% of the stock from ED&F Man, one of the largest traders of white sugar in the world. Maximum import-export freedom and access to new business prospects are provided by Limako to CBC. With Limako at the helm, the business aims to operate internationally and sail its goods in the global market in accordance with its own strategy and vision. According to the agreement, Limako will continue to run as a free-standing, independent trading business.
• Oct 2022: According to data from the UN's COMTRADE database on international trade, the Netherlands imported sugar and sugar-based confections worth $1.12 billion in 202Sales of sugar and sugar-based confections in the Netherlands increased by 9.71%in 2021 when compared to 2020, while imports increased by $99 million compared to $1.02 billion in 2020. In 2021, the total export value of sugar and sugar-sweetened confections was anticipated to be $1.9 billion. When compared to $1.69 billion in 2020, the exports increased by $276 million in 2021 accounting for 0.282% of total exports from Netherlands.

Product Offerings:

• Ultrafine Sugar: Ultrafine Sugar (Lightly Milled Sugar) a blend of small sugar crystals and milled sugar with an average particle size of 160 µm and a range of 5-500 µm. Recommended shelf life is 12 weeks, and useful life is of 18 weeks under suitable storage conditions. The main advantages include smaller grains dissolve more quickly, homogeneous crystal sizes can lessen the possibility of separation in dry mixtures, reduce dust production, and larger crystals offer advantages in terms of aesthetic impact, high shine and crunch, high purity, and free-flowing operations. The wide particle size range offers excellent dissolving qualities for hot and cold powdered drinks, dry mixes, and over-the-counter medications. It is suitable for blending a variety of added ingredients.
• Soft Light Brown Sugar: Soft Light Brown sugar is made from domestically cultivated beet, and the highest grade cane is employed to provide the finished products flavor, color, and texture. Based on caster sugar, it is moist, free-flowing, light golden brown in color, and delicately flavored with molasses. Fast dissolving of syrups, sauces, caramels, and toffees is ensured by fine particle sizes. Applications include using brown sugar as an ingredient in bakeries to flavor and tint cakes, cookies, and pastries; to give texture to toppings and bottoms; and to make confections like toffee, fudge, and caramel. Added to marinades, and salads to offer a moderate to robust additional flavor.

Netherlands Sugar Market Scope:

Segmentation

• By Form
  • Granulated
  • Powdered
  • Syrup
• By Source
  • Cane Sugar
  • Beet Sugar
• By Use
  • Food and Beverage
  • Pharmaceuticals
• By Distribution Channel
  • Online
  • Offline