The Latin America, Middle East and Africa Powdered Sugar Market would witness market growth of 7.6% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 406.8 kilo tonnes, showcasing a growth of 8.1% (2023-2030).
The advantages of powdered sugar in dairy applications extend to its role in stabilizing and thickening dairy-based desserts and sauces. Its fine particle size facilitates easy incorporation into mixtures, contributing to the desired consistency and palatability of the final products. Therefore, the Argentina Market consumed 5.99 kilo tonnes powdered sugar in dairy applications in 2022.
The Brazil market dominated the LAMEA Powdered Sugar Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $257 Million by 2030. The Argentina market is showcasing a CAGR of 8.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.3% during (2023 - 2030).
Its adoption is further fueled by the growing demand for bakery and confectionery products and the increasing popularity of home baking and cooking. In baking and confectionery, it is essential for creating smooth icings, frostings, and glazes. Its fine texture allows easy incorporation into batters and doughs, resulting in uniformly sweetened and textured baked goods.
Additionally, in the beverage industry, this is a versatile sweetening agent for hot and cold beverages. It dissolves quickly in liquid, ensuring uniform sweetness without leaving behind any gritty texture. Powdered sugar is often used to sweeten coffee, tea, smoothies, milkshakes, and cocktails, providing a convenient option for achieving desired sweetness levels in beverages.
Brazil is a significant exporter of food and beverage products to international markets, with it being a key ingredient in many of these products. As reported by the Brazilian Food Processors' Association (ABIA), in 2021, the Brazilian food processing sector demonstrated robust growth, recording impressive sales amounting to R$922.6 billion (equivalent to US$171 billion). This significant increase of 16.9 percent compared to the previous year, 2020, highlights the sector's substantial expansion and economic contribution within Brazil.
Free Valuable Insights: The Worldwide Powdered Sugar Market is Projected to reach USD 10.2 Billion by 2030, at a CAGR of 5.7%
Based on Product, the market is segmented into Conventional and Organic. Based on Application, the market is segmented into Bakery, Dairy, Confectionery and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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