The global turbinado sugar market 2018-2022 is expected to post a CAGR
of over 3% during the forecast period, according to the latest market
research report by Technavio.
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Technavio has published a new market research report on the global turbinado sugar market from 2018-2022. (Graphic: Business Wire)
A key factor that will drive the market is the increasing demand for
alternatives to white sugar. Turbinado sugar (first-pressed cane sugar)
is considered a healthier alternative to white sugar. Unlike white sugar
which is thoroughly processed, turbinado sugar is characterized by a
molasses flavor. This variety of sugar is rich in nutrients as it
retains most of the nutrients found in natural sugarcane juice.
This market research report on the global
turbinado sugar market provides an analysis of the most
important trends expected to impact the market outlook during the
forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.
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In this report, Technavio highlights the blending of turbinado sugar
with natural sweeteners as one of the key emerging trends in the global
turbinado sugar market:
Global turbinado sugar market: Blending of
turbinado sugar with natural sweeteners
In a bid to minimize their calorific intake, consumers are adopting
natural sweeteners. These offerings contain minimal calories as compared
to white sugar. For instance, Whole Earth Sweeteners offers Turbinado
Raw Cane 50, which is a blend of raw cane sugar and stevia. The blend of
turbinado sugar and stevia helps in combining the advantages of stevia
and turbinado sugar.
“The demand for stevia is growing at a fast pace owing to growing
awareness about the overall health benefits of this sweetener. The zero
calorific value of stevia and the crunchy texture of turbinado sugar
make for a perfect topping on a variety of recipes. Numerous players in
the market are expected to market blends of turbinado sugar and stevia
during the forecast period, which augurs well for the growth of the
market,” says a senior analyst at Technavio.
Global butyl acetate market: Segmentation
This market research report segments the global butyl acetate market by
end-users (foodservice and packaged food and beverage manufacturers, and
retail end-users), products (regular turbinado sugar, and turbinado
sugar cubes, and other turbinado sugar forms), and geographical regions
(APAC, Europe, ROW, and North America).
The Americas led the market in 2017 with a market share of more than
59%, followed by EMEA and APAC respectively. The market share of the
Americas and APAC is expected to witness a small decline while that of
EMEA will see a commensurate increase over the forecast period.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180713005449/en/