Global Evaporated Cane Juice Market: Proliferating Use as Organic Sweetener to Augmetn Growth

Growing consumption of beverages across the globe is the primary aspect driving the global evaporated cane juice market, states Transparency Market Research (TMR) in a research report. The report is titled, “Evaporated Cane Juice Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024.” The report is an examination in the development of the global market over the last few years and in the upcoming years. The market study further details out the reasons of the vicissitudes in the market worldwide.

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Evaporated cane juice is a mixture of sugars such as glucose and fructose. This is type of natural sweetener sugar which is partly refined and manufactured from a single-crystallization method. Evaporated cane juice is healthy in comparison to any regular table sugar, however, both table sugar and evaporated cane juice are extracted from sugar cane. Different varieties of evaporated cane juice is available in the market such as muscovado, milled cane sugar, and demerara. Amongst all these types, the most commonly used evaporated cane juice is muscovado. Evaporated cane juice can also be employed in several applications such as baking and dry blending as a substitute of brown sugar. The growing consumption of flavored food products is the primary driver of this market.

The global market for evaporated cane juice can be segmented into organic and natural in terms of type. Among these two, the organic segmented is likely to emerge dominant owing to the presence of a numerous of ingredient manufacturers selling organic based evaporated cane juice. On the basis of form, the market can be bifurcated into powdered and granulated form. Out of these, the segment of granulated form is likely to exhibit numerous growth potential. Factors that triggered the growth of this segment are shifting preference of consumers towards low processed food products and growing awareness regarding healthy diet among consumers across the globe.

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Based on application, the global market for evaporated cane juice can be classified into nutraceuticals, cereals, seasoning and sauces, beverages, dairy, and confectionary and bakery. Bakery and confectionary is the most lucrative among all the application segments closely followed by the segment of beverage application.

Region-wise, the market has been segmented into the Middle East and Africa, Japan, Asia Pacific, Eastern Europe, Western Europe, Latin America, and North America. The market for evaporated cane juice in North America is likely to witness strong growth, closely trailed by the market in Asia Pacific. This growth can be attributed to the growing production of evaporated cane juice by companies in the region. The prime companies in the market are Batory Foods, Sweet Additions LLC, DW Montgomery & Company, Florida Crystals Corporation, and Gillco Products Inc.

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