Global
Brown Sugar Market is expected to grow at a significant CAGR in the upcoming
years as the scope and its applications are increasing across the globe. Brown
sugar is made of crystalline sucrose combined with a small amount of molasses,
which imparts its characteristic colour and rich flavour. It is manufactured by
a different chemical process than white sugar and therefore differs in the
chemical structure. The primary uses of brown sugar include sweetening baked
products, sauces, beverages, etc.
Brown
sugar has a number of health benefits. As compared to white sugar, brown sugar
contains a slightly higher mineral contentdue to the presence of molasses.
Moreover, it is a good source of dietary potassium and contains small amounts
of magnesium, calcium and iron. In addition, it helps in preventing obesity due
to low calorie content.
The
factors that propel the growth of the Brown Sugar Market include increasing
demand, wide range of applications, easy availability, and several health
benefits as compared to white sugar. Brown Sugar Market is classified by
product type, applications, distribution channel and geography. Brown Sugar
Market is segmented based on product type as light brown sugar and dark brown
sugar. Brown Sugar Market is classified based on applications as bakery, ice
cream and dairy, beverages, confectionery, and others. Brown Sugar Market is
segmented by distribution channel as online stores, specialty stores,
supermarkets, and others. Brown Sugar Market is classified on the basis of
geography as North America, Latin America, Western Europe, Eastern Europe, Asia
Pacific, Japan and Middle East and Africa.
The
North American region consists of the U.S., and Canada. Latin America region
consists of Mexico and Brazil. The Western European region consists of Germany,
Italy, France, England and Spain. The Eastern European region consists of
Poland and Russia. Asia Pacific region consists of China, India, ASEAN,
Australia & New Zealand. The Middle East and African region consists of
GCC, South Africa and North Africa.
Some
of the key players that fuel the growth of the Brown Sugar Market include
Sudzucker, C&H Sugar, Cargill, Wholesome Sweeteners, American Crystal
Sugar, Domino Sugar, Nordic Sugar A/S, Imperial Sugar, Tate & Lyle, Lotus
Health Group, Taikoo, Ganzhiyuan, and others. The key players are focusing on
inorganic growth to sustain themselves amidst fierce competition. As such,
mergers, acquisitions, and joint ventures are the need of the hour.
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