Companiesandmarkets.com

US sweeteners market to see sugar grow by 3%

Press Release   •   Aug 07, 2012 11:41 BST

The United States sweeteners market recorded volume growth of less than 1% throughout 2011, although volume sales of sugar have been predicted to grow by 3% over the next five years.

Sugar shortages along with high demand will keep growth in check and skyrocketing prices may drive consumers to sugar substitutes.

World stocks are currently so low that the 2011/2012 harvest is unlikely to restore US sweetener reserves to a healthy level.

In the US sweeteners market, sugar occupies the dominant share, followed by high fructose corn syrup and high intensity sweeteners.

Although high intensity sweeteners presently do not hold a large share in the sweeteners market, they offer immense potential of growth in future on the back of the advantages provided by these sweeteners over the traditional caloric sweeteners.

Deliveries of sugar and other sweeteners have averaged about 21 million tons during the 2000s. Other sweetener deliveries include corn sweeteners (high fructose corn syrup, glucose syrup, and dextrose), honey, maple syrup, and other edible syrups but exclude the deliveries of non-caloric sweeteners.

The US sweetener market is complicated because of the substitution possibilities between high fructose corn syrup (HFCS) and sugar. Sugar and HFCS are imperfect substitutes for several industrial uses. Sugar can be used for all industrial uses, but HFCS has limited uses.

For more information on the US sweeteners market, see the latest research: US Sweeteners Market Report

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