Sugarcane is a crop mostly grown in tropical countries and has a notable quality of serving as both Food and fuel sectors. Sugar is a sweet crystalline substance gain from sugar cane as well from sugar beet. Around the globe, it used in various food and non-food applications. In contrast, as per International Institute for Sustainable Development, the cultivation and processing of Sugar cane currently provide livelihoods for 100 million people globally. And at the country, Brazil’s sugarcane industry employs over 1 million people of workforce approx 25% from rural areas.
Sugar also plays an important role and functions into the food industry, for instance, say it offers a sweet taste and used as preservatives and prevention from the development of microorganism and in addition, it, also used for retaining moisture and preventing staleness in baked goods.
Global Sugar market would be US$ 53 Billion by 2027 as per Renub Research Analysis. Moreover, the driving forces towards this market growth are consumption of sugar in food and pharmaceutical industry, on this contrary, its uses in food and beverages sector are gaining traction during the forecast period, on the other hand, its usages in preparation of antibiotics and cough syrups in the pharmaceuticals sectors is expected to make a great impact in this market.
However, demand is expected to stagnate in developed nations due to dietary changes, health consciousness related to sugar consumption such as obesity and diabetes as well as government intervention to reduce sugar intake. Apart from that, it has been seen that the intake of sugar supply growth has outpaced demand for human consumption during 2016 and 2017 and it is estimated that will grow during the forecast period as the expansion of the planted area in Asian pacific regions like China and Indonesia as well as improved farm productivity.
Renub Research new report titled “Global Sugar Market & Volume” by Consuming Countries (India, European Union, China, United States, Brazil, Indonesia, Russia, Pakistan, Mexico, Egypt, Other) Producing Countries (Brazil, India, European-Union, Thailand, China, United States, Russia, Mexico, Pakistan, Australia, Other) Exporting Countries (Brazil, Thailand, India, Australia, Guatemala, Mexico, European Union, South Africa, Russia, Colombia) Importing Countries (Indonesia, China, United States, Bangladesh, Algeria, Malaysia, United Arab Emirates, European Union, South Korea, Nigeria) Key Players (Associated British Foods plc, Nordzucker AG , Wilmar International Limited, Tereos , Lantic Inc). This report provides current market trends, key growth factors and restraints, key player’s insights which have been covered from 3 viewpoints.
Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=global-sugar-market-p.php
Consuming Countries – Market & Volume breakup from 11 Countries
• India
• European Union
• China
• United States
• Brazil
• Indonesia
• Russia
• Pakistan
• Mexico
• Egypt
• Other
Producing Countries - Volume breakup from 11 Countries
• Brazil
• India
• European-Union
• Thailand
• China
• United States
• Russia
• Mexico
• Pakistan
• Australia
• Other
Exporting Countries - Volume breakup from 10 Countries
• Brazil
• Thailand
• India
• Australia
• Guatemala
• Mexico
• European Union
• South Africa
• Russia
• Colombia
Importing Countries - Volume breakup from 10 Countries
• Indonesia
• China
• United States
• Bangladesh
• Algeria
• Malaysia
• United Arab Emirates
• European Union
• South Korea
• Nigeria
All Key Players has been covered with 3 viewpoints
• Overviews
• Recent Developments
• Revenues
Key Players
• Associated British Foods plc
• Nordzucker AG
• Wilmar International Limited
• Tereos
• Lantic Inc
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