Press release
Rising Production Rate Across Raw Cane Sugar Market Impacts Growth until 2022 || Key Players: Associated British Foods plc, E.I.D.-Parry (India) Limited, Shree Renuka Sugars Limited, Louis Dreyfus Company B.V., and Raizen S.A.
Consumption of cane sugar is expected to remain high in among the food manufacturers as it contains no saturated fats. Attributed to low sodium and cholesterol qualities, diabetic food manufacturers witness considerable demand for cane sugar globally.Increasing demand for among plastic manufacturers has led to a surge in demand for raw cane sugar in the plastic industry. Attributed to low cholesterol content, raw cane sugar represents substantial demand among the diabetic food manufacturers globally. A recently compiled report reveals that the global market of raw cane sugar is projected to reflect a steady CAGR over the predicted period, 2017 – 2022.
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Factors Fuelling Global Market Growth
Growing prevalence of diabetes has led to an increase in demand for healthy products in the food industry. Raw cane sugar is also used as a healthy and alternate source of sucrose in the food and beverages sector. Attributed to healthy properties such as cholesterol and low sodium content, raw cane sugar is projected to represent significant demand among beverage manufacturers. Such factors will impact growth of the global raw cane sugar market positively during the predicted period.
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Significant Demand among Food Manufacturers
Consumption of cane sugar is expected to remain high in among the food manufacturers as it contains no saturated fats. Attributed to low sodium and cholesterol qualities, diabetic food manufacturers witness considerable demand for cane sugar globally. As people are increasingly getting diet conscious, manufacturers prefer using organic cane sugar for various food products as the table sugar adds to the calories.
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Consumption in Cosmetic Industry
Apart from application in the food industry, cane sugar is expected to witness considerable demand in the cosmetic industry. Cosmetic manufacturers are increasingly using cane sugar as an imperative ingredient in production of various products. Growing need for maintaining hygiene and cleanliness is expected to boost demand for wax products and facial scrubs. Due to such factors, can sugar is expected to witness a significant demand in the cosmetic industry.
Plastic Manufacturers to Witness Moderate Demand
Cane sugar is also expected to witness considerable demand in among manufacturers in the plastic, technical, personal care and leather industry. Plastic manufacturers witness considerable production of cane sugar wax, which is further used in various industries. Furthermore, cane sugar is expected to witness significant demand among the candle manufacturers for producing range of candles from the cane sugar wax produced. Such factors are expected to rev up demand for cane sugar in various industries.
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Competition Tracking
Major market players operating in the global raw cane sugar market include Cargill Inc., Archer Daniels Midland Company, Tereos Internacional S.A., Sudzucker AG, Tongaat Hulett Sugar South Africa Limited, Associated British Foods plc, E.I.D.-Parry (India) Limited, Shree Renuka Sugars Limited, Louis Dreyfus Company B.V., and Raizen S.A.
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