Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6100 million | USD 10100 million | 5.7% | 2022 |
FrequentlyAsked Questions
Demerara sugar is a kind of raw sugar cane that can be minimally processed along with retaining much of its natural molasses content. Moreover, it consists of large grain crystals that possess a golden color, along with a rich & caramel flavor.
The global demerara sugar market growth over forecast period can be owing to rise in the product usage as a sweetener as well as flavor enhancer in a slew of culinary applications.
According to a study, the global demerara sugar industry size was $6.1 billion in 2022 and is projected to reach $10.1 billion by the end of 2030.
The global demerara sugar market is anticipated to record a CAGR of nearly 5.7% from 2023 to 2030.
The Asia-Pacific demerara sugar industry is set to register the fastest CAGR over the forecasting timeline is owing to growing customer awareness about nutritional contents and ingredients of the product as well as growing health consciousness among people of India, Japan, China, Singapore, South Korea, and Taiwan. Apart from this, an increase in the number of local product manufacturers and small businesses will further contribute to the regional industry size in the coming years.
The global demerara sugar market is led by players such as Florida Crystals Corporation, ASR Group., Guyana Sugar Corporation Inc., Billington’s Co., Raízen, Dhampure Speciality Sugars Ltd., Tereos Group, PGP Group, Mitr Phol Group, Associated British Foods plc., LOC Industries, Native Alimentos, Signatures of Asia Co., Ltd, Ragus Sugars Manufacturing Ltd., Nordic Sugar A/S, B.G. Reynolds Syrups, Inc., Rahul Sugar Products, Liber & Co., and Sugar Australia Company Ltd.
The global demerara sugar market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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