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Raw Cane Sugar Market Is Likely To Reach A Valuation Of US$ 22,000 Mn By The End Of 2022

06-13-2024 10:11 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Raw Cane Sugar Market Is Likely To Reach A Valuation Of US$ 22,000

According to a recent report by Fact.MR, the global raw cane sugar market is expected to achieve a moderate CAGR growth, reaching a value of over US$ 22,000 million by the end of 2022.

The global raw cane sugar market is projected to experience steady growth due to the increasing demand for low-cholesterol food products.
Significant demand for cane sugar is anticipated from diabetic food manufacturers. Additionally, manufacturers in the plastic industry are expected to influence the market's growth due to the rising demand for cane sugar wax.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

The Asia-Pacific excluding Japan (APEJ) region is expected to remain the largest market for raw cane sugar products globally. The consumption of organic sugar is anticipated to be high among food manufacturers worldwide.
Sales of raw cane sugar products to food processors are expected to generate substantial revenue in the global market.

Raw cane sugar is increasingly used as an alternative sugar source in the food and beverage industry. Its consumption is expected to remain high among diabetic food manufacturers.

Moreover, raw cane sugar is anticipated to see considerable demand from manufacturers producing plastic, candle, and cosmetic products.

๐‡๐ข๐ ๐ก ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐‚๐š๐ง๐ž ๐’๐ฎ๐ ๐š๐ซ ๐€๐ฆ๐จ๐ง๐  ๐…๐จ๐จ๐ ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ
The consumption of cane sugar is projected to remain substantial among food manufacturers due to its lack of saturated fats. Its low sodium and cholesterol content has driven significant demand for cane sugar, especially in the diabetic food market worldwide.

As dietary awareness increases, manufacturers are increasingly opting for organic cane sugar in various food products to avoid the extra calories associated with table sugar.

The consumption of table sugar has been linked to obesity, cardiovascular diseases, and type 2 diabetes, leading to a marked rise in the demand for organic cane sugar in the food industry.

Additionally, as an alkalizing agent, cane sugar is believed to help combat cancer, further boosting its appeal in the food and beverage sector. These factors collectively contribute to the growing demand for cane sugar among food manufacturers.

๐Œ๐จ๐๐ž๐ซ๐š๐ญ๐ž ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐€๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ž๐ ๐Ÿ๐จ๐ซ ๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ
Cane sugar is poised to experience notable demand among manufacturers in the plastic, technical, personal care, and leather industries. Plastic manufacturers are experiencing significant production of cane sugar wax, which finds application across various sectors.

Moreover, cane sugar is projected to see substantial demand from candle manufacturers for crafting a diverse range of candles from the cane sugar wax. These dynamics are forecasted to stimulate demand for cane sugar across multiple industries.

๐Š๐ž๐ฒ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐ ๐ข๐ง ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ
โ€ข Cargill Inc.
โ€ข Archer Daniels Midland Company
โ€ข Tereos Internacional S.A.
โ€ข Sudzucker AG
โ€ข Tongaat Hulett Sugar South Africa Limited
โ€ข Associated British Foods plc
โ€ข E.I.D.-Parry (India) Limited
โ€ข Shree Renuka Sugars Limited
โ€ข Louis Dreyfus Company B.V.
โ€ข Raizen S.A.

๐’๐ฎ๐ซ๐ ๐ž ๐„๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐: ๐Ž๐ซ๐ ๐š๐ง๐ข๐œ ๐’๐ฎ๐ ๐š๐ซ ๐ญ๐จ ๐‹๐ž๐š๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐‘๐š๐ฐ ๐‚๐š๐ง๐ž ๐’๐ฎ๐ ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ

The global raw cane sugar market anticipates significant growth, with organic sugar emerging as the frontrunner in revenue expansion. By the conclusion of 2022, organic sugar is projected to surpass US$ 4,000 Mn in value.

In terms of compound annual growth rate (CAGR), organic sugar is forecasted to outpace other products, solidifying its dominance in the global market by 2022. Following closely, Demerara-style sugar is poised to secure the second-highest revenue growth by the end of 2022.

Both food processors and industrial applications are expected to experience parallel CAGR growth, maintaining momentum throughout 2022. The Asia-Pacific, Europe, and Japan (APEJ) region is poised to retain its position as the largest market for raw cane sugar products globally.

Within end-user segments, food processors are projected to witness the most substantial revenue growth, crossing the US$ 2,000 Mn mark by the end of 2017. Meanwhile, retailers are expected to secure the second-highest revenue growth by the same period.

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž:

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