The main factor driving market growth is the growing demand for food without chemicals and fertilizers among consumers. Today, people are very careful about their health and prefer more natural, pure food. Organic sugar is gradually penetrating the market, and as consumers become more aware of organic legislation, preference is growing. However, higher prices compared to conventional sugars are expected to hinder the growth of the organic sugar market.
The Global Organic Sugar Market is anticipated to Reach Us$ 1389.5 Mn Until 2022, due to Increasing Consumer Preference Towards Healthy and Natural Products
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Some of the significant players functioning in the fragmented global organic sugar market include Shree Renuka Sugars Limited, Florida Crystals Corporation, Südzucker AG, Now Health Group Inc., Nordzucker AG, Suminter India Organics, Samruddhi Organic Farm (india) Pvt. Ltd., Mehrotra Consumer Products Pvt. Ltd., Assukkar S.A., Pronatec AG, Domino Foods inc., Purcell Mountain Farms, Jalles Machado S/A among others.
Rising population of consumers adopting organic food consumption trends is one of the factors which are driving the Organic Sugar Market. Furthermore diverse application for organic sugar in various industries is another driver. Rise in the disposable income along with the population leading to this market growth. Organic sugar retains all the ingredients glucose, fructose, and sucrose which add nutrition value to raw sugar adding to it organic sugar has amino acids and essential minerals.
This Organic Sugar Market will have a scope of immense growth as there is no as such a big retraining factor which is hampering the market apart from its high price. Opportunities are high because of increasing awareness among the people about the health. Increase in demand of ready to eat food and with all the nutritional value retained is leading the Organic Sugar Market t towards big opportunities.
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In March 2015, Nordzucker AG entered into a partnership with August Topfer Zuckerhandels GmbH & Co. KG which is a global trading firm in the food / non-food sector and offers its customers everything from a single source such as import, storage, packaging and logistics. In conjunction with this, both the companies have agreed to grant Nordzucker AG a 25 percent share in August Topfer Zuckerhandels GmbH & Co. KG. August Töpfer Zuckerhandels GmbH & Col. KG is a subsidiary of the ATCO Group, in which the international sugar trading business as well as the trade and packaging of sugar specialties has been bundled under proven leadership. This partnership would enable Nordzucker AG to access the global Organic Sugar Market without the partners losing their independence amid commercial activities.
Global Organic Sugar Market is segmented as:
- By Type:
- Organic Sugar Market By Application:
- Food & Beverage
- Organic Sugar Market By Region
- North America
- Rest of North America
- The UK
- Rest of Europe
- Asia Pacific
- Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- GCC Countries
- Southern Africa
- Rest of MEA
- Latin America
- Rest of Latin America
- North America
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