(Australia-NewsWire.Com, May 10, 2018 ) Overview Brown Sugar may be a plant product sugar product that features a distinctive brown color due to the presence of syrup. It is either a part refined or unrefined soft sugar that consists of sugar crystals with some residual syrup content that is natural sugar, or it's made by the addition of syrup to sophisticated white sugar that is termed industrial sugar. Sugar is often made by adding sugarcane syrup to white sugar crystals that are utterly refined to rigorously management the magnitude relation of sugar crystals to syrup and to cut back the value of producing.
The North America Brown Sugar Market is estimated to have a value of USD 3.84 billion in 2016. With a CAGR of 7.26%, the market size is expected to grow rapidly to cross USD 5.45 billion by 2021. The growth of the food and beverages trade in urban areas in recent times, the demand for beverages, specifically, has increased dramatically owing to the growing demand from urban areas are some of the factors driving the market.
Drivers and Restraints One of the main drivers for the world sugar market is that the growth of the food and drinkable trade in urban areas in recent years. The demand for beverages, specifically, has received a trial within the arm due to the rising demand from urban areas, wherever sugary beverages have become progressively well-liked, and is probably going to stay a key driver for the sugar market within the coming back years. The rising demand for energy drinks and fruit-based or fruit-flavored beverages is probably going to stay a key driver for the sugar market, because the syrup content of sugar and its brown color typically build it unpopular for normal use in households as table sugar.
However, increasing inclination of customers towards sugar-free product and increasing health considerations appreciate heart diseases, diabetes, and obesity seemingly to restrain the expansion of sugar market. Moreover, World Health Organization (WHO) recommends youngsters and adults to cut back their sugar to ten of total energy intake, that any stands as a restraint within the sugar market at a worldwide level.
Regional Overview North America Brown Sugar Market is showing consistent growth in the past few years and is anticipated to continue the same in the forecast period.
The major market contributors for the Brown Sugar Market are AkzoNobel NV, Masco Corporation, Hempel A/S, Axalta Coating Systems Ltd., Jotun A/S, The Valspar Corporation, Nippon Paint Holding Co. Ltd., BASF SE, and PPG Industries Inc.
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