The Powdered Sugar Global Market Report 2023, provides comprehensive information on the powdered sugar market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Powdered Sugar Global Market Report 2023, the market is expected to grow from $5.55 billion in 2022 to $5.84 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global powdered sugar market is expected to grow to $6.86 billion in 2027 at a CAGR of 4.1%.

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Technological innovations have emerged as a key trend in the powdered sugar market. Major companies operating in the powdered sugar market are focused on innovating new methods to sustain their position in the market. For instance, in March 2022, Cargill, a US-based food corporation, launched the EverSweet + ClearFlo Stevia Platform, combined with a stevia-enhancing clearflo technology. This mixture can improve flavor, solubility, formulation stability, and dissolution speed. Due to EverSweet's quick sweetness onset and high sweetness potency, the platform would provide a more sugar-like sensation, especially at higher concentrations. The innovative sweetening process can also help to reduce unpleasant flavors present in a formulation, such as bitter coffee flavors, earthy protein notes, or metallic tastes from potassium chloride.

The powdered sugar market is segmented:

1) By Type: Conventional, Organic

2) By Form: Extra Fine, Coarse-Grained, Decoration, Other Forms

3) By Application: Confectionary, Bakery, Dairy, Beverages, Other Applications

4)By Distribution Channel: Direct, Indirect

North America was the largest region in the powdered sugar market in 2022.

The table of contents in TBRC’s powdered sugar market report includes:

Executive Summary
Powdered Sugar Market Characteristics
Powdered Sugar Market Trends And Strategies
Powdered Sugar Market - Macro Economic Scenario
Powdered Sugar Market Size And Growth
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Africa Powdered Sugar Market
Powdered Sugar Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Powdered Sugar Market
Powdered Sugar Market Future Outlook and Potential Analysis
Appendix
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