South Korea Industrial Sugar Market to 2032
Overview
The South Korea Industrial Sugar Market is expected to reach a 955.12 USD Million by 2032 and is projected to grow at a CAGR of 3.49% from 2025 to 2032.
Revenue, 2024 (USD Million)
784.02
Forecast, 2032 (USD Million)
955.12
CAGR, 2024 - 2032
3.49%
Report Coverage
South Korea
South Korea Industrial Sugar Market 2018-2032 USD Million
South Korea Industrial Sugar Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 784.02 USD Million
- Projected Market Size (2032): 955.12 USD Million
- CAGR (2025-2032): 3.49%
Key Findings of South Korea Industrial Sugar Market
- The South Korea Industrial Sugar Market was valued at 784.02 USD Million in 2024.
- The South Korea Industrial Sugar Market is likely to grow at a CAGR of 3.49% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Cane in Source Segment accounted for the largest share of the market with a revenue of 577.30 USD Million
- The fastest growing segment Sacks in Packaging Type Segment grew Fastest with a CAGR of 4.25% during the forecast period from 2024 to 2032.
South Korea Industrial Sugar Market Scope
South Korea Industrial Sugar Market Segmentation & Scope
Distribution Channel
- Indirect
- Direct
Application
- Others
- Dietary Supplements
- Pharmaceutical
- Food & Beverages
Packaging Type
- Others
- Tote Bags
- Box
- Bag
- Sacks
Form
- Powdered
- Syrup
- Granulated
Source
- Beet
- Cane
Type
- Icing Sugar
- Brown Sugar
- Liquid Sugar
- White Sugar
South Korea Industrial Sugar Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 784.02 USD Million |
| Market Value in 2032 | 955.12 USD Million |
| CAGR (2025-2032) | 3.49% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,Application,Packaging Type,Form,Source,Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 784.02 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 784.02 USD Million in 2024.
Segments and Scope
-
South Korea Industrial Sugar Market to 2032, By Distribution Channel
- Direct is the largest segment in South Korea Industrial Sugar Market to 2032 with a revenue of 500.12 USD Million in the year 2024.
- Direct is the Fastest growing segment in South Korea Industrial Sugar Market to 2032 with a Growth rate of 3.65 % in forecast period 2025-2032.
-
South Korea Industrial Sugar Market to 2032, By Application
- Food & Beverages is the largest segment in South Korea Industrial Sugar Market to 2032 with a revenue of 398.33 USD Million in the year 2024.
- Food & Beverages is the Fastest growing segment in South Korea Industrial Sugar Market to 2032 with a Growth rate of 3.87 % in forecast period 2025-2032.
-
South Korea Industrial Sugar Market to 2032, By Packaging Type
- Sacks is the largest segment in South Korea Industrial Sugar Market to 2032 with a revenue of 288.78 USD Million in the year 2024.
- Sacks is the Fastest growing segment in South Korea Industrial Sugar Market to 2032 with a Growth rate of 4.25 % in forecast period 2025-2032.
-
South Korea Industrial Sugar Market to 2032, By Form
- Granulated is the largest segment in South Korea Industrial Sugar Market to 2032 with a revenue of 405.28 USD Million in the year 2024.
- Granulated is the Fastest growing segment in South Korea Industrial Sugar Market to 2032 with a Growth rate of 3.97 % in forecast period 2025-2032.
-
South Korea Industrial Sugar Market to 2032, By Source
- Cane is the largest segment in South Korea Industrial Sugar Market to 2032 with a revenue of 577.30 USD Million in the year 2024.
- Cane is the Fastest growing segment in South Korea Industrial Sugar Market to 2032 with a Growth rate of 3.70 % in forecast period 2025-2032.
-
South Korea Industrial Sugar Market to 2032, By Type
- White Sugar is the largest segment in South Korea Industrial Sugar Market to 2032 with a revenue of 537.41 USD Million in the year 2024.
- White Sugar is the Fastest growing segment in South Korea Industrial Sugar Market to 2032 with a Growth rate of 3.75 % in forecast period 2025-2032.
South Korea Industrial Sugar Market Company Share Analysis
| Company Name |
|
||
| Südzucker AG | |||
| Associated British Foods plc | |||
| Bajaj Hindusthan Sugar Ltd. | |||
| Mitr Phol Group | |||
| Lantic Inc. | |||
South Korea Industrial Sugar Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Industrial Sugar Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Industrial Sugar Market is segmented based on Segmentation Distribution Channel,Application,Packaging Type,Form,Source,Type.
South Korea Industrial Sugar Market was valued at USD 784.02(Revenue in USD Million) in 2021.
South Korea Industrial Sugar Market is projected to grow at a CAGR of 3.49% during the forecast period of 2024 to 2032.
The Cane segment is expected to dominate the South Korea Industrial Sugar Market, holding a largest market share of 577.30 USD Million in 2024
South Korea Industrial Sugar Market Scope
South Korea Industrial Sugar Market Segmentation & Scope
Distribution Channel
- Indirect
- Direct
Application
- Others
- Dietary Supplements
- Pharmaceutical
- Food & Beverages
Packaging Type
- Others
- Tote Bags
- Box
- Bag
- Sacks
Form
- Powdered
- Syrup
- Granulated
Source
- Beet
- Cane
Type
- Icing Sugar
- Brown Sugar
- Liquid Sugar
- White Sugar
Frequently Asked Questions
The South Korea Industrial Sugar Market is segmented based on Segmentation Distribution Channel,Application,Packaging Type,Form,Source,Type.
South Korea Industrial Sugar Market was valued at USD 784.02(Revenue in USD Million) in 2021.
South Korea Industrial Sugar Market is projected to grow at a CAGR of 3.49% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Industrial Sugar Market for final year is USD 955.12 (USD Million).
South Korea Industrial Sugar Market Company Profiling
Frequently Asked Questions
The South Korea Industrial Sugar Market is segmented based on Segmentation Distribution Channel,Application,Packaging Type,Form,Source,Type.
South Korea Industrial Sugar Market was valued at USD 784.02(Revenue in USD Million) in 2021.
South Korea Industrial Sugar Market is projected to grow at a CAGR of 3.49% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Industrial Sugar Market for final year is USD 955.12 (USD Million).
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