Demerara Sugar Market Expected to Reach Tremendous Growth by 2028 with key players Like Tereos Group, LOC Industries, Nordzucker AG, Ragus Sugars Manufacturing Limited

The market was valued at US$ 7,305.88 million in 2019 and is projected to reach US$ 10,635.27 million by 2027; it is expected to grow at a CAGR of 4.9% from 2020 to 2027.

Demerara sugar is derived from sugarcane and comprises large grains that provide a sweet and crunchy texture in baking and other applications. It is mostly used as sprinkles for decorating cakes and muffins. It can also be added to coffee and tea. A small amount of molasses is naturally found in Demerara sugar, which gives it a light brown color and caramel taste. Based on distribution channel, the demerara sugar market is segmented into grocery stores, supermarkets or hypermarkets, distributor and wholesalers, online retailers, and others. In 2019, the distributor and wholesalers segment dominated the market. Main market players are grabbing large shelves in retail stores to promote their products along with providing discounts to consumers.

Get Sample Copy of this Report at – https://bit.ly/2LTbbMr

Top Key Players:- Guyana Sugar Corporation Inc., Associated British Foods plc, Tereos Group, LOC Industries, Nordzucker AG, Ragus Sugars Manufacturing Limited, Sugar Australia Company Ltd, Tate & Lyle, Alteo Limited, and Rajshree Sugars & Chemicals Ltd

Key players operating in the demerara sugar market are focused on strategies such as mergers and acquisitions, and research and development to increase the geographical presence and consumer base globally. For instance, in February 2018, Ragus Sugars Manufacturing Limited announced the launch of its new ‘Product Finder’ designed to help customers source their pure sugar ingredients. The tool provides information and guidance on how the selected sugar contributes to the appearance and taste and texture of foods, drinks, and pharmaceuticals. All these factors are driving the growth of the Demerara sugar market.

Impact of COVID-19 Pandemic on Demerara Sugar Market

The COVID-19 outbreak was first reported in Wuhan (China) during December 2019. As of January 2021, India, Brazil, Russia, China, Italy, Iran, Spain, Republic of Korea, UK, France, Germany, and The US are among the worst affected countries in terms of COVID-19 confirmed cases and reported deaths. According to the latest WHO figures, there are ~84,474,195 confirmed cases and ~1,848,704 total deaths across the world. The COVID-19 outbreak is adversely affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food & beverages industry is one of the major industries that are suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns.

The report includes the segmentation of the global Demerara Sugar market as follows:

 Demerara Sugar Market, by Nature

• Organic
• Conventional

 Demerara Sugar Market, by End-User Industry

• Food
• Pharmaceuticals and Nutraceuticals
• Beverages
• Others

 Demerara Sugar Market, by Distribution Channel

• Grocery Stores
• Hypermarkets and Supermarkets
• Distributors and Wholesalers
• Online Retailers

Purchase This Report at – https://bit.ly/3qjLovR

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.

Contact Us:

The Insight Partners
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

Contact Us:

The Insight Partners
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.

This release was published on openPR.