Press release
Global raw cane sugar market is expected to reach US$ 22,000 Mn by the end of 2022
Fact.MR
The scope of Fact.MR’s report is to analyze the global raw cane sugar market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Raw cane sugar manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to raw cane sugar.
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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.
Moreover, consumption of table sugar leads to obesity, cardiovascular diseases and type 2 diabetes, which has led to an upsurge in demand for organic can sugar in the food industry significantly. As an alkalizing material, consumption of cane sugar is also expected to highly benefit people in combating cancer. Such factors are expected to fuel demand for cane sugar in the food and beverages industry positively.
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.
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Organic Sugar to Register Significant Growth
Organic sugar is expected to witness the highest revenue growth in the global raw cane sugar market. This segment is expected to represent a value of over US$ 4,000 Mn in the global raw cane sugar market by the end of 2022. Organic sugar is expected to register the highest CAGR growth in the global market as compared to other products through 2022. Demerara-style sugar is expected to represent the second highest revenue growth in the global raw cane sugar market by the end of 2022.
Food processors and industrial applications is expected to witness a parallel CAGR growth in the global raw cane sugar market. These segments are expected to register the highest CAGR growth in the global raw cane sugar market throughout 2022. APEJ is expected to remain the largest market for raw cane sugar products globally. Food processors is expected to witness the highest revenue growth in the global market as compared to other end users. This segment is expected to represent a value of over US$ 2,000 Mn in the global raw cane sugar market by the end of 2017. Retailers is expected to register the second highest revenue growth in the global market by 2017 – end.
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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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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