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Demerara Sugar Market projected to reach US$ 10,635.27 million and Growing at a CAGR of 4.9% during forecast period 2021-2027

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Demerara Sugar Market projected to reach US$ 10,635.27 million and Growing at a CAGR of 4.9% during forecast period 2021-2027

February 03
08:20 2021
Demerara Sugar Market  projected to reach US$ 10,635.27 million and Growing at a CAGR of 4.9% during forecast period 2021-2027

Demerara Sugar Market
The Demerara Sugar Industry report provides a basic overview of the market including definitions, classifications, applications and industry chain structure. The Demerara Sugar Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status.

Demerara sugar is derived from sugar cane and consists of large grains that provide a sweet, crunchy texture for baking and other applications. It is mostly used for decorating cakes and muffins as sprinkles, but 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 colour and caramel taste. Vital minerals such as manganese, magnesium, zinc, chromium, cobalt etc. are found in Demerara sugar. Further, in South America, Demerara sugar originates from Guyana. However, most Demerara sugar available today originates from Mauritius in Africa. Moreover, the rising application of demerara sugar across the food sector provides a vast market opportunity for the key players operating in the Demerara sugar market.

 

The Demerara Sugar 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 contains significantly lower sucrose content (88–93%) than white sugar (96–98%). Vital minerals such as manganese, magnesium, zinc, chromium, and cobalt are found in Demerara sugar. Demerara sugar originates from Guyana, South America, and most Demerara sugar available today originates from Mauritius in Africa. Moreover, the rising applications of demerara sugar in the food sector offers lucrative opportunities for the key market players.

 

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Key Players:

  1. Guyana Sugar Corporation Inc.
  2. Associated British Foods plc.
  3. Tereos Group
  4. LOC Industries
  5. Nordzucker AG
  6. Ragus Sugars Manufacturing Limited
  7. Sugar Australia Company Ltd
  8. Tate & Lyle
  9. Alteo Limited
  10. Rajshree Sugars & Chemicals Ltd

 

Based on nature, the demerara sugar market is bifurcated into organic and conventional. The conventional segment accounted for a larger market share in 2019; whereas, the market for organic demerara sugar is expected to grow at a higher CAGR during the forecast period. The conventional form of farming technique is widely adopted among the farmers to obtain higher yield and availability of product at low cost. The technique runs in favor of the producers and cultivators as the yields are high in comparison to cost. Moreover, the lack of knowledge among farmers toward health benefits associated with the organic farming have promoted the growth of the segment. For instance, in 2017, almost 63% of farmers adopted conventional agriculture to produce demerara sugar and 37% of them opted organic agriculture in Turkey. However, there are several disadvantages related to this method. Demerara sugar produced by conventional method may contain less nutrients. Conventional farming is one of the most practiced farming methods that involves use of fertilizers, pesticides and other chemical compounds. Further, it also involves health and environmental hazards as it involves the release of pollutants to the environment.

 

The Table of Content for Demerara SugarMarket research study includes: 

  1. Introduction
  2. Key Takeaways
  3. Research Methodology
  4. Demerara Sugar Market Landscape
  5. Demerara Sugar Market – Key Market Dynamics
  6. Demerara Sugar Market – Global Market Analysis
  7. Demerara Sugar Market – Revenue And Forecasts to 2027 – Type
  8. Demerara Sugar Market – Revenue And Forecasts to 2027 – Type of Product
  9. Demerara Sugar Market – Revenue And Forecasts to 2027 – Service
  10. Demerara Sugar Market Revenue And Forecasts to 2027 – Geographical Analysis
  11. Impact of Covid-19 Pandemic on Global Demerara Sugar Market
  12. Industry Landscape
  13. Demerara Sugar Market, Key Company Profiles
  14. Appendix
  15. List of Tables
  16. List of Figures

 

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