Evaporated Cane Juice Market – Global Industry Analysis, Forecast 2016 – 2024
Evaporated Cane Juice is combinations of sugars which includes fructose and glucose. Evaporated Cane Juice is the type of natural sweeteners sugar which is partially refined and is produced from a single-crystallization process. Evaporated Cane Juice is considered healthier alternative to standard table sugar. Both evaporated cane juice and table sugar are derived from sugar cane. However, evaporated cane juice crystals formation do not include the same process of refinement process as to make table sugar. This results evaporated cane juice crystals retain relatively more nutrients in comparison to the refined sugar. Evaporated Cane Juice is also named as raw sugar, unrefined sugar and natural sugar. There are varieties of evaporated cane juice crystals which includes demerara, milled cane sugar and muscovado. Demerara is the coarser grained type of evaporated cane juice crystals and has definite molasses flavor. Milled cane sugar is less coarse is golden brown in color and has a mild molasses flavor. Among all the type of evaporated cane juice muscovado sugar is the most common type of the evaporated cane juice. Evaporated Cane Juice is used as alternative to brown sugar and used in various application such as dry blending and baking.
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Global Evaporated Cane Juice Market Segmentation
Global evaporated cane juice market can be segmented on the basis of type, form, application and region. On the basis of type evaporated cane juice market is segmented into natural and organic. Of which organic segment is expected to be the dominating due to the various ingredient manufacturers offering organic based evaporated cane juice. Based on form the segmentation includes granulated and powdered form. Of which, granulated form is expected to show fastest growth, followed by the powdered form segment. Various factors that attributed to the drastic growth of global evaporated cane juice segmented is attributed to the increasing health awareness among consumers coupled with the more preference of consumers for less processed food ingredients .
On the basis of application global evaporated cane juice market is segmented into application as bakery & confectionery, dairy, beverages, sauces and seasoning, cereals and nutraceuticals. Among all the application for global evaporated cane juice market bakery & confectionery application segment is the most dominating segment followed by the beverage application segment.
Global evaporated cane juice market is segmented on the basis of region as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, Middle East and Africa. Global evaporated cane juice market is expected to witness robust growth in North America, followed by Asia Pacific owing to increasing development of evaporated cane juice by the companies especially in North America.
Global Evaporated Cane Juice Market: Region-wise Outlook
Global evaporated cane juice market is expected to increase due the less processing required for its formation which results in retaining more nutrients in comparison more processed ingredients coupled with high consumer awareness regarding the ill effects of consuming processed food products. Evaporated Cane Juice market is expected to exhibit strong growth in Asia Pacific over the forecast period, followed by other regions due the rising number health conscious and upper middle class population in these regions.
Global Evaporated Cane Juice Market: Drivers
The global evaporated cane juice market is expected to witness remarkable growth over the forecast period. Various factors that are expected to drive the market growth of the evaporated cane juice market over the forecast period is the presence of definite flavour in the food products containing evaporated cane juice coupled with increasing preference of consumers, to consume flavoured food products. Moreover various evaporated cane juice crystals include such as demerara has large crystals that is preferably used in various hot drinks such as coffee and tea and also more preference of consumers for low calorie food products. However various factor that are expected to restraint the market growth of the evaporated cane juice market during the forecast period is onset various diseases such as cardiovascular diseases and diabetes due to the high intake of evaporated cane juice based food products.
Global Evaporated Cane Juice Market: Key Players
Major players operating in evaporated cane juice market are Gillco Products, Inc., Florida Crystals Corporation, DW Montgomery & Company, Sweet Additions, LLC and Batory Foods. Key Strategy adopted by the various ingredients provider is to continuously develop variety of evaporated crystal juice crystals.
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