Demerara Sugar Market is expected to reach US$ 10,635.27 Mn by 2027

Growing Demand for Organic Demerara Sugar to Escalate Demerara Sugar Market Growth at 4.9% CAGR during 2020–2027

According to our latest market study on “Demerara Sugar Market Forecast to 2027 – COVID-19 Impact and Global Analysis – Nature (Organic and Conventional), End-User Industry (Food, Pharmaceuticals and Nutraceuticals, Beverages, and Others), and Distribution Channel (Grocery Stores, Supermarkets or Hypermarkets, Distributors and Wholesalers, Online Retailers, and Others ),” the market was valued at US$ 7,305.88 million in 2019 and is projected to reach US$ 10,635.27 million by 2027; it is expected to grow at a CAGR of 4.9% from 2020 to 2027. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

Demerara sugar contains significantly lower sucrose content (88–93%) than white sugar (96–98%). Vital minerals such as manganese, magnesium, zinc, chromium, and cobalt are found in Demerara sugar. Demerara sugar originates from Guyana, South America, and most Demerara sugar available today originates from Mauritius in Africa. Moreover, the rising applications of demerara sugar in the food sector offers lucrative opportunities for the key market players.

Demerara sugar is derived from sugarcane and comprises large grains that provide a sweet and crunchy texture in baking and other applications. It is mostly used as sprinkles for decorating cakes and muffins. It can also be added to coffee and tea. A small amount of molasses is naturally found in Demerara sugar, which gives it a light brown color and caramel taste. Based on distribution channel, the demerara sugar market is segmented into grocery stores, supermarkets or hypermarkets, distributor and wholesalers, online retailers, and others. In 2019, the distributor and wholesalers segment dominated the market. Main market players are grabbing large shelves in retail stores to promote their products along with providing discounts to consumers. Key players operating in the demerara sugar market are focused on strategies such as mergers and acquisitions, and research and development to increase the geographical presence and consumer base globally. For instance, in February 2018, Ragus Sugars Manufacturing Limited announced the launch of its new ‘Product Finder’ designed to help customers source their pure sugar ingredients. The tool provides information and guidance on how the selected sugar contributes to the appearance and taste and texture of foods, drinks, and pharmaceuticals. All these factors are driving the growth of the Demerara sugar market.

Guyana Sugar Corporation Inc., Associated British Foods plc, Tereos Group, LOC Industries, Nordzucker AG, Ragus Sugars Manufacturing Limited, Sugar Australia Company Ltd, Tate & Lyle, Alteo Limited, and Rajshree Sugars & Chemicals Ltd are among the well-established players operating in the global Demerara sugar market.

Impact of COVID-19 Pandemic on Demerara Sugar Market

The COVID-19 outbreak was first reported in Wuhan (China) during December 2019. As of January 2021, India, Brazil, Russia, China, Italy, Iran, Spain, Republic of Korea, UK, France, Germany, and The US are among the worst affected countries in terms of COVID-19 confirmed cases and reported deaths. According to the latest WHO figures, there are ~84,474,195 confirmed cases and ~1,848,704 total deaths across the world. The COVID-19 outbreak is adversely affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food & beverages industry is one of the major industries that are suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. For instance, China is the global manufacturing hub and largest raw material supplier for various industries, and it is one of the worst affected countries. The lockdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and Middle East and Africa is restricting the global supply chains and disrupting the manufacturing activities, delivery schedules, and various goods sales. In addition, the global travel bans imposed by countries in Europe, Asia, and North America are hindering business collaborations and partnerships opportunities. All these factors are hampering the food & beverage industry, which is restraining the growth of various markets related to this industry.

Global Demerara Sugar Market Breakdown – by Region, 2019

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Demerara Sugar Market Size & Forecast 2027

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Demerara Sugar Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Nature (Organic and Conventional), End-Use Industry (Food, Pharmaceuticals and Nutraceuticals, Beverages, and Others), and Distribution Channel (Grocery Stores, Supermarkets or Hypermarkets, Distributors and Wholesalers, Online Retailers, and Others)

The report includes the segmentation of the global Demerara Sugar market as follows:

• Organic
• Conventional

• Food
• Pharmaceuticals and Nutraceuticals
• Beverages
• Others

• Grocery Stores
• Hypermarkets and Supermarkets
• Distributors and Wholesalers
• Online Retailers
• Others

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Rest of Europe
• Asia Pacific (APAC)
  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Middle East &Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East &Africa
• South America
  • Brazil
  • Argentina
  • Rest of South America