Icing Sugar Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020-2025

Report Code: FBR 81041 Report Format: PDF + Excel (Delivery in 48 Hrs)

Icing Sugar Market Overview

Icing Sugar Market size is 7.1 billion by 2019, growing at a CAGR of 6.77% during the forecast period 2020-2025. Icing sugar also known as powdered sugar or confectioner’s sugar, is made by finely grinding granulated sugar until it is a very fine powder.  Moreover, it is a well-known sweetener which has become favorite for centuries. It is a combination of crystallized sucrose which is extracted from sucrose or sugarcane. When, the moisture declines the juice has a natural sucrose that starts to crystallize. It attracts moisture becoming hydroscopic. The baked goods have sugar which maintains moisture and make them supple as well as soft. White sugar is also known as refined sugar. The rising demand among health-conscious consumers and the subsequent demand for health products consisting of low fat, low cholesterol, low sugar, new flavors, and the introduction of technological advancement are fueling its market growth. In addition, a rapid increase focusing on processed food among consumers has triggered its market growth. Furthermore, the players in the Icing Sugar market are focusing on developing new products in order to meet with the growing demand for bakery and confectionary industry. 

Report Coverage

The report: “Icing Sugar Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Icing Sugar Market.
By Form- Extra Fine, Coarse Grained and Decoration.
By Product Type- Conventional and Organic. 
By Application-Bakery and Confectionary, Dairy Products, Beverages, Desserts and Others.
By Distribution Channel- Direct and Indirect.
By Geography-North America, Europe, Asia Pacific and Rest of the World.

Key Takeaways

  • The Extra Fine held the largest market share in 2019 owing to its wide range of application in the production of bakery and confectionary products.
  • Bakery & Confectionary segment held the largest market share in the year 2019 by the virtue of its enormous application in various food service industry as well as retail sectors.
  • Europe contributed to the largest market share of XX% in 2019 owing to the presence of large dominant icing sugar companies in the region including Associated British Foods and Couplet Sugars.  
  • The growing consumption of bakery products across the globe is a significant factor driving the Icing Sugar market during the forecast period 2020-2025.

By Form - Segment Analysis 

By Form the Icing Sugar Market is segmented into Extra Fine, Coarse Grained and Decoration. The Extra Fine held the largest market share in 2019 owing to its wide range of application in the production of bakery and confectionary products. Extra Fine sugar is a premium functional powdered sugar with very fine particles. Its fine texture gives end products a silky-smooth finish and creamy mouthfeel. Also, decoration segment is projected to witness growth at fastest CAGR 7.17% in forecast period 2020-2025.They are widely used in covering cakes and adding decorations to them. Buttercream icing is ideal for cake fillings and crumb coating as it does not set as hard as royal icing but works fine for all types of cakes. Thus, increase in demand for decoration in cakes using Icing Sugar is likely to accelerate rapidly soon.

By Application- Segment Analysis 

By Application, the Icing Sugar is segmented into Bakery and Confectionary, Dairy Products, Beverages, Desserts and Others. Bakery & Confectionary segment held the largest market share in the year 2019 by the virtue of its enormous application in various food service industry as well as retail sectors. Advancements in technology including ready-to-bake or ready-to-thaw is set to propel the adoption of innovative Icing Sugar in the future, in turn projected to drive the industry demand. Moreover, in July 2020 Tate & Lyle PLC a global provider of food and beverage solution and ingredients launched Sweetener-Vantage Expert System, a set of new and innovative sweetener solution design tools, which are designed to help formulators create sugar-reduced food and drink using low calorie sweeteners.

Geography- Segment Analysis

Europe contributed to the largest market share of 37.1% in 2019 owing to the presence of large dominant icing sugar companies in the region including Associated British Foods and Couplet Sugars. Technological advancement along with the growing innovation in these regions have highly supported the growth of regional market. North America Icing Sugar market is another dominant market owing to increasing innovation and demand in chocolate and confectionary products. North America based key players including American Crystal Sugar holds extensive distribution network in the region and internationally enabling the North America market to capture substantial share in the global market. 


Drivers –Icing Sugar Market

  • Growing Consumption of Bakery Products across the Globe

The rising consumption of bakery products across the globe is a significant factor driving the Icing sugar market during the forecast period 2020-2025. Increasing demand among the younger generation for bakery products such as bread, cakes, and pastries cookies is triggering its market growth. Furthermore, the increasing health-conscious population and the demand of low-calorie in bakery items is compelling companies to develop more products. This has further led to the developments of new products in the eventually resultant to its market growth.

  • Rising Demand of Icing Sugar for Chocolate and Confectionary Products

Rising demand of icing sugar for chocolate and confectionary products is a major factor driving the Icing Sugar Market during the forecast period 2020-2025.Changing lifestyle and the preference towards chocolates and other bakery products is contributing to its market growth. 

Challenges – Icing Sugar Market

  • High Calorie Intake Leading to Weight Gain

Some of the factors that may impede the growth of Icing Sugar Market are the high calorie intake leading to unhealthy weight gain during the forecast period 2020-2025.Moreover, gaining too much weight by eating sugary food increases the risk of hypertension, diabetes and certain types of cancer. In addition, high sugar-intake also contribute to increased risk of heart disease. These are the key factors restraining its market growth in the upcoming years.

Icing Sugar Market Industry Outlook

Product Launches, Merger & Acquistion, joint ventures and R&D activities are key strategies adopted by the players in Icing Sugar Market. Icing Sugar Market top 10 companies are Associated British Foods Plc, Blue Birds Foods India Ltd, Couplet Sugars, Crusty International, Dhampure Speciality Sugar Ltd, Pacto Industries Ltd, Sbec Sugar Ltd, Sudzuker AG, Tate Lyle Plc and Weilkfield Foods Pvt Ltd.

Developments:

  • July 2018: KCG and Mitr Phol launched icing sugar to meet pastry demand.
1. Icing Sugar Market - Overview
        1.1 Definitions and Scope
2. Icing Sugar Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Icing Sugar Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Icing Sugar Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Icing Sugar Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Icing Sugar Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Icing Sugar Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Icing Sugar Market - By Product Type(Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
            8.3.1 ORGANIC
            8.3.2 CONVENTIONAL
9. Icing Sugar Market - By Type(Market Size -$Million / $Billion)
        9.1 ICING SUGAR MARKET BY FORM
            9.1.1 EXTRA FINE
            9.1.2 COARSE GRAINED
            9.1.3 DECORATION
        9.2 ICING SUGAR MARKET BY DISTRIBUTION CHANNEL
            9.2.1 DIRECT
            9.2.2 INDIRECT
                 9.2.2.1 SUPERMARKETS/HYPERMARKETS
                 9.2.2.2 ONLINE STORES
                 9.2.2.3 DISCOUNT STORES
                 9.2.2.4 GROCERY STORES
10. Icing Sugar - By Application Type(Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 BAKERY CONFECTIONERY PRODUCTS
            10.3.2 DAIRY PRODUCTS
            10.3.3 BEVERAGES
11. Icing Sugar- By Geography (Market Size -$Million / $Billion)
        11.1 Icing Sugar Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Icing Sugar- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Icing Sugar- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Icing Sugar - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Icing Sugar - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Icing Sugar Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Icing Sugar Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Icing Sugar Market - Key Company List by Country Premium
15. Icing Sugar Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 ASSOCIATED BRITISH FOODS PLC.
        15.3 BLUE BIRDS FOODS INDIA LTD.
        15.4 COUPLET SUGARS
        15.5 CRUSTY INTERNATIONAL
        15.6 DHAMPURE SPECIALITY SUGAR LTD.
        15.7 PACTO INDUSTRIES LTD.
        15.8 SBEC SUGAR LTD
        15.9 SUDZUKER AG
        15.10 TATE LYLE PLC
        15.11 WEIKFIELD FOODS PVT. LTD.
        15.12 Company 12
        15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Icing Sugar Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Icing Sugar Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global ICING SUGAR MARKET BY TYPE Market 2019-2024 ($M)
1.1 ORGANIC Market 2019-2024 ($M) - Global Industry Research
1.2 CONVENTIONAL Market 2019-2024 ($M) - Global Industry Research
2.Global ICING SUGAR MARKET BY FORM Market 2019-2024 ($M)
2.1 EXTRA FINE Market 2019-2024 ($M) - Global Industry Research
2.2 COARSE GRAINED Market 2019-2024 ($M) - Global Industry Research
2.3 DECORATION Market 2019-2024 ($M) - Global Industry Research
3.Global ICING SUGAR MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
3.1 DIRECT Market 2019-2024 ($M) - Global Industry Research
3.2 INDIRECT Market 2019-2024 ($M) - Global Industry Research
3.2.1 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M)
3.2.2 ONLINE STORES Market 2019-2024 ($M)
3.2.3 DISCOUNT STORES Market 2019-2024 ($M)
3.2.4 GROCERY STORES Market 2019-2024 ($M)
4.Global ICING SUGAR MARKET BY TYPE Market 2019-2024 (Volume/Units)
4.1 ORGANIC Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 CONVENTIONAL Market 2019-2024 (Volume/Units) - Global Industry Research
5.Global ICING SUGAR MARKET BY FORM Market 2019-2024 (Volume/Units)
5.1 EXTRA FINE Market 2019-2024 (Volume/Units) - Global Industry Research
5.2 COARSE GRAINED Market 2019-2024 (Volume/Units) - Global Industry Research
5.3 DECORATION Market 2019-2024 (Volume/Units) - Global Industry Research
6.Global ICING SUGAR MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 (Volume/Units)
6.1 DIRECT Market 2019-2024 (Volume/Units) - Global Industry Research
6.2 INDIRECT Market 2019-2024 (Volume/Units) - Global Industry Research
6.2.1 SUPERMARKETS/HYPERMARKETS Market 2019-2024 (Volume/Units)
6.2.2 ONLINE STORES Market 2019-2024 (Volume/Units)
6.2.3 DISCOUNT STORES Market 2019-2024 (Volume/Units)
6.2.4 GROCERY STORES Market 2019-2024 (Volume/Units)
7.North America ICING SUGAR MARKET BY TYPE Market 2019-2024 ($M)
7.1 ORGANIC Market 2019-2024 ($M) - Regional Industry Research
7.2 CONVENTIONAL Market 2019-2024 ($M) - Regional Industry Research
8.North America ICING SUGAR MARKET BY FORM Market 2019-2024 ($M)
8.1 EXTRA FINE Market 2019-2024 ($M) - Regional Industry Research
8.2 COARSE GRAINED Market 2019-2024 ($M) - Regional Industry Research
8.3 DECORATION Market 2019-2024 ($M) - Regional Industry Research
9.North America ICING SUGAR MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
9.1 DIRECT Market 2019-2024 ($M) - Regional Industry Research
9.2 INDIRECT Market 2019-2024 ($M) - Regional Industry Research
9.2.1 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M)
9.2.2 ONLINE STORES Market 2019-2024 ($M)
9.2.3 DISCOUNT STORES Market 2019-2024 ($M)
9.2.4 GROCERY STORES Market 2019-2024 ($M)
10.South America ICING SUGAR MARKET BY TYPE Market 2019-2024 ($M)
10.1 ORGANIC Market 2019-2024 ($M) - Regional Industry Research
10.2 CONVENTIONAL Market 2019-2024 ($M) - Regional Industry Research
11.South America ICING SUGAR MARKET BY FORM Market 2019-2024 ($M)
11.1 EXTRA FINE Market 2019-2024 ($M) - Regional Industry Research
11.2 COARSE GRAINED Market 2019-2024 ($M) - Regional Industry Research
11.3 DECORATION Market 2019-2024 ($M) - Regional Industry Research
12.South America ICING SUGAR MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
12.1 DIRECT Market 2019-2024 ($M) - Regional Industry Research
12.2 INDIRECT Market 2019-2024 ($M) - Regional Industry Research
12.2.1 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M)
12.2.2 ONLINE STORES Market 2019-2024 ($M)
12.2.3 DISCOUNT STORES Market 2019-2024 ($M)
12.2.4 GROCERY STORES Market 2019-2024 ($M)
13.Europe ICING SUGAR MARKET BY TYPE Market 2019-2024 ($M)
13.1 ORGANIC Market 2019-2024 ($M) - Regional Industry Research
13.2 CONVENTIONAL Market 2019-2024 ($M) - Regional Industry Research
14.Europe ICING SUGAR MARKET BY FORM Market 2019-2024 ($M)
14.1 EXTRA FINE Market 2019-2024 ($M) - Regional Industry Research
14.2 COARSE GRAINED Market 2019-2024 ($M) - Regional Industry Research
14.3 DECORATION Market 2019-2024 ($M) - Regional Industry Research
15.Europe ICING SUGAR MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
15.1 DIRECT Market 2019-2024 ($M) - Regional Industry Research
15.2 INDIRECT Market 2019-2024 ($M) - Regional Industry Research
15.2.1 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M)
15.2.2 ONLINE STORES Market 2019-2024 ($M)
15.2.3 DISCOUNT STORES Market 2019-2024 ($M)
15.2.4 GROCERY STORES Market 2019-2024 ($M)
16.APAC ICING SUGAR MARKET BY TYPE Market 2019-2024 ($M)
16.1 ORGANIC Market 2019-2024 ($M) - Regional Industry Research
16.2 CONVENTIONAL Market 2019-2024 ($M) - Regional Industry Research
17.APAC ICING SUGAR MARKET BY FORM Market 2019-2024 ($M)
17.1 EXTRA FINE Market 2019-2024 ($M) - Regional Industry Research
17.2 COARSE GRAINED Market 2019-2024 ($M) - Regional Industry Research
17.3 DECORATION Market 2019-2024 ($M) - Regional Industry Research
18.APAC ICING SUGAR MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
18.1 DIRECT Market 2019-2024 ($M) - Regional Industry Research
18.2 INDIRECT Market 2019-2024 ($M) - Regional Industry Research
18.2.1 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M)
18.2.2 ONLINE STORES Market 2019-2024 ($M)
18.2.3 DISCOUNT STORES Market 2019-2024 ($M)
18.2.4 GROCERY STORES Market 2019-2024 ($M)
19.MENA ICING SUGAR MARKET BY TYPE Market 2019-2024 ($M)
19.1 ORGANIC Market 2019-2024 ($M) - Regional Industry Research
19.2 CONVENTIONAL Market 2019-2024 ($M) - Regional Industry Research
20.MENA ICING SUGAR MARKET BY FORM Market 2019-2024 ($M)
20.1 EXTRA FINE Market 2019-2024 ($M) - Regional Industry Research
20.2 COARSE GRAINED Market 2019-2024 ($M) - Regional Industry Research
20.3 DECORATION Market 2019-2024 ($M) - Regional Industry Research
21.MENA ICING SUGAR MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
21.1 DIRECT Market 2019-2024 ($M) - Regional Industry Research
21.2 INDIRECT Market 2019-2024 ($M) - Regional Industry Research
21.2.1 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M)
21.2.2 ONLINE STORES Market 2019-2024 ($M)
21.2.3 DISCOUNT STORES Market 2019-2024 ($M)
21.2.4 GROCERY STORES Market 2019-2024 ($M)

LIST OF FIGURES

1.US Icing Sugar Market Revenue, 2019-2024 ($M)
2.Canada Icing Sugar Market Revenue, 2019-2024 ($M)
3.Mexico Icing Sugar Market Revenue, 2019-2024 ($M)
4.Brazil Icing Sugar Market Revenue, 2019-2024 ($M)
5.Argentina Icing Sugar Market Revenue, 2019-2024 ($M)
6.Peru Icing Sugar Market Revenue, 2019-2024 ($M)
7.Colombia Icing Sugar Market Revenue, 2019-2024 ($M)
8.Chile Icing Sugar Market Revenue, 2019-2024 ($M)
9.Rest of South America Icing Sugar Market Revenue, 2019-2024 ($M)
10.UK Icing Sugar Market Revenue, 2019-2024 ($M)
11.Germany Icing Sugar Market Revenue, 2019-2024 ($M)
12.France Icing Sugar Market Revenue, 2019-2024 ($M)
13.Italy Icing Sugar Market Revenue, 2019-2024 ($M)
14.Spain Icing Sugar Market Revenue, 2019-2024 ($M)
15.Rest of Europe Icing Sugar Market Revenue, 2019-2024 ($M)
16.China Icing Sugar Market Revenue, 2019-2024 ($M)
17.India Icing Sugar Market Revenue, 2019-2024 ($M)
18.Japan Icing Sugar Market Revenue, 2019-2024 ($M)
19.South Korea Icing Sugar Market Revenue, 2019-2024 ($M)
20.South Africa Icing Sugar Market Revenue, 2019-2024 ($M)
21.North America Icing Sugar By Application
22.South America Icing Sugar By Application
23.Europe Icing Sugar By Application
24.APAC Icing Sugar By Application
25.MENA Icing Sugar By Application
26.SUDZUKER AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.ASSOCIATED BRITISH FOODS PLC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.COUPLET SUGARS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.CRUSTY INTERNATIONAL, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.WEIKFIELD FOODS PVT. LTD., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.SBEC SUGAR LTD, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.TATE LYLE PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.DHAMPURE SPECIALITY SUGAR LTD., Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.BLUE BIRDS FOODS INDIA LTD., Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.PACTO INDUSTRIES LTD., Sales /Revenue, 2015-2018 ($Mn/$Bn)