Global Demerara Sugar Market, Trends & Growth Opportunity, By Application (Baking, Beverages, Confectionery, Others), By Distribution Channel (Supermarkets, Health Food Stores, Online Stores, Others), By Packaging (Pouches, Sachets, Jars, Bulk Bags), By Region and Forecast till 2030.
Global Demerara Sugar Market
The global demerara sugar market was valued at USD 7.56 Bn in 2022 and is expected to expand to USD 11.86 Bn by 2030 at a CAGR of 5.11% during the forecast period of 2023-2030.
Demerara sugar is a type of raw cane sugar that has large, light-brown, coarse crystals. It is named after the Demerara River in Guyana, where it was originally produced. Demerara sugar is less processed than white granulated sugar, and it retains some of the natural molasses that are removed during the refinement process. This gives it a distinctive caramel-like flavor and a slightly sticky texture. Demerara sugar is often used in baking, particularly in recipes that call for brown sugar, such as chocolate chip cookies, muffins, and cakes. It can also be used as a sweetener in coffee, tea, and other beverages.
Market Drivers
The global market for demerara sugar is primarily driven by the growing demand for natural and minimally processed sweeteners. As consumers become more health-conscious and interested in natural and organic products, they are looking for alternatives to refined white sugar that are less processed and more natural.
Another factor driving the market for demerara sugar is the increasing popularity of international cuisines and flavors. Demerara sugar has a long history in Caribbean and South American cuisines, and it is often used in dishes and drinks that have become popular around the world, such as rum cocktails, tropical fruit desserts, and spicy sauces.
The rise of e-commerce and online marketplaces has also made it easier for consumers to access specialty and exotic ingredients like demerara sugar, which has helped to fuel its growth in the global market.
Market Restraints
One of the main restraints or challenges facing the global demerara sugar market is the limited availability of the raw materials needed to produce it. Demerara sugar is made from the juice of sugar cane, which is grown primarily in tropical regions such as South America, the Caribbean, and Southeast Asia. Climate change, disease, and political instability in these regions can all affect the supply and cost of sugarcane, which can in turn impact the availability and price of demerara sugar.
Another challenge facing the market is the competition from other natural and alternative sweeteners. As consumers become more interested in natural and minimally processed sweeteners, they are turning to alternatives such as honey, maple syrup, and coconut sugar. These products offer similar health and taste benefits as demerara sugar, and they may be more readily available or less expensive in certain regions.
Market Segmentation
The global demerara sugar market is segmented by applications, such as baking, beverages, confectionery, and others. Based on the distribution channel, the market is segmented into supermarkets, health food stores, online stores, and others. Further, the market is segmented by packagings, such as pouches, sachets, jars, and bulk bags.
Regional Analysis
Currently, the demerara sugar market is dominated by the Latin American region, particularly South America and the Caribbean, where sugar cane is traditionally grown and processed. Guyana, the birthplace of demerara sugar, is one of the largest producers of this type of sugar, along with other countries in the region such as Brazil, Cuba, and Jamaica. These countries have well-established sugar industries and long-standing trade relationships with other regions.
However, the Asia-Pacific region is expected to witness fast growth in the demerara sugar market in the coming years. This is primarily due to the growing demand for natural and minimally processed sweeteners in countries such as India, China, and Japan. These countries have large populations with a growing interest in natural and organic food products, which is driving demand for demerara sugar and other similar products.
Key Players
Tate & Lyle, ASR Group, Sudzucker AG, Associated British Foods, ED&F Man Holdings Limited, Rogers Sugar Inc, Florida Crystals Corporation, Mitr Phol Sugar Corp, Tongaat Hulett, Tereos, Cosan Limited, Royal Ingredients Group, Natura Sugars, Copersucar SA, RCL Foods, Guyana Sugar Corporation Inc.
Market Taxonomy
By Application
• Baking
• Beverages
• Confectionery
• Others
By Distribution Channel
• Supermarkets
• Health Food Stores
• Online Stores
• Others
By Packaging
• Pouches
• Sachets
• Jars
• Bulk Bags
By Region
• North America (USA, Canada, Mexico)
• Europe (Germany, France, UK, Rest of Europe)
• Asia Pacific (China, India, Japan, Rest of Asia Pacific)
• Latin America (Brazil, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa)
Global Demerara Sugar Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Demerara Sugar Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Demerara Sugar Market, By Application
5.1 Y-o-Y Growth Comparison, By Application
5.2 Global Demerara Sugar Market Share Analysis, By Application
5.3 Global Demerara Sugar Market Size and Forecast, By Application
5.3.1 Baking
5.3.2 Beverages
5.3.3 Confectionery
5.3.4 Others
6 Global Demerara Sugar Market, By Distribution Channel
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global Demerara Sugar Market Share Analysis, By Distribution Channel
6.3 Global Demerara Sugar Market Size and Forecast, By Distribution Channel
6.3.1 Supermarkets
6.3.2 Health Food Stores
6.3.3 Online stores
6.3.4 Others
7 Global Demerara Sugar Market, By Packaging
7.1 Y-o-Y Growth Comparison, By Packaging
7.2 Global Demerara Sugar Market Share Analysis, By Packaging
7.3 Global Demerara Sugar Market Size and Forecast, By Packaging
7.3.1 Pouches
7.3.2 Sachets
7.3.3 Jars
7.3.4 Bulk Bags
8 Global Demerara Sugar Market, By Region
8.1 Global Demerara Sugar Market Share Analysis, By Region
8.2 Global Demerara Sugar Market Size and Forecast, By Region
9 North America Demerara Sugar Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Demerara Sugar Market Share Analysis, By Application
9.3 North America Demerara Sugar Market Size and Forecast, By Distribution Channel
9.4 North America Demerara Sugar Market Size and Forecast, By Packaging
9.5 North America Demerara Sugar Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Demerara Sugar Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Demerara Sugar Market Share Analysis, By Application
10.3 Europe Demerara Sugar Market Size and Forecast, By Distribution Channel
10.4 Europe Demerara Sugar Market Size and Forecast, By Packaging
10.5 Europe Demerara Sugar Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Demerara Sugar Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Demerara Sugar Market Share Analysis, By Application
11.3 Asia Pacific Demerara Sugar Market Size and Forecast, By Distribution Channel
11.4 Asia Pacific Demerara Sugar Market Size and Forecast, By Packaging
11.5 Asia Pacific Demerara Sugar Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia
12 Latin America Demerara Sugar Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Demerara Sugar Market Share Analysis, By Application
12.3 Latin America Demerara Sugar Market Size and Forecast, By Distribution Channel
12.4 Latin America Demerara Sugar Market Size and Forecast, By Packaging
12.5 Latin America Demerara Sugar Market Size and Forecast, By Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Demerara Sugar Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Demerara Sugar Market Share Analysis, By Application
13.3 Middle East Demerara Sugar Market Size and Forecast, By Distribution Channel
13.4 Middle East Demerara Sugar Market Size and Forecast, By Packaging
13.5 Middle East Demerara Sugar Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Tate & Lyle
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 ASR Group
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Sudzucker AG
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Associated British Foods
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 ED&F Man Holdings Limited
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Rogers Sugar Inc
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Florida Crystals Corporation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Mitr Phol Sugar Corp
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Tongaat Hulett
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Tereos
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Cosan Limited
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
15.12 Royal Ingredients Group
15.12.1 Overview
15.12.2 Offerings
15.12.3 Key Financials
15.12.4 Business Segment & Geographic Overview
15.12.5 Key Market Developments
15.12.6 Key Strategies
15.13 Natura Sugars
15.13.1 Overview
15.13.2 Offerings
15.13.3 Key Financials
15.13.4 Business Segment & Geographic Overview
15.13.5 Key Market Developments
15.13.6 Key Strategies
15.14 Copersucar SA
15.14.1 Overview
15.14.2 Offerings
15.14.3 Key Financials
15.14.4 Business Segment & Geographic Overview
15.14.5 Key Market Developments
15.14.6 Key Strategies
15.15 RCL Foods
15.15.1 Overview
15.15.2 Offerings
15.15.3 Key Financials
15.15.4 Business Segment & Geographic Overview
15.15.5 Key Market Developments
15.15.6 Key Strategies
15.16 Guyana Sugar Corporation Inc
15.16.1 Overview
15.16.2 Offerings
15.16.3 Key Financials
15.16.4 Business Segment & Geographic Overview
15.16.5 Key Market Developments
15.16.6 Key Strategies
