The global cane sugar market is expected to grow at a CAGR of 4.6% and reach a valuation of around USD 83.8 billion by 2032.
Sugar is necessary for tasty and enjoyable food. However, its consumption can lead to weight gain, obesity, diabetes and cholesterol problems. cane sugar is used to counteract this by reducing the sweetness of the food while adding a distinct flavor.
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Buying habits have changed dramatically during and after the outbreak. Nowadays people are looking for healthier, less processed and raw sugars like brown and organic sugars to reduce the harmful effects of sugar consumption on the body. Organic sugar is becoming increasingly popular with customers as it is considered to be healthier and safer than regular sugar. This has changed the market outlook for cane sugar.
To keep up with consumer demand, major sugar producers are working to develop new varieties. Growing concerns about lifestyle-related health issues such as obesity, cardiovascular disease and diabetes are expected to drive demand for healthier sugar variations even further.
The development of better sugar substitutes such as coconut sugar and stevia, and regulations from regulators and health organizations for their negative health effects, such as the American Heart Association’s recommendation to limit added sugar intake to less than 6 teaspoons (24 grams) per day for women and less than 9 teaspoons (36 grams) per day for men has shifted consumer preferences toward artificial sweeteners and is shifting consumer preferences toward artificial sweeteners. This is one of the major market constraints for cane sugar.
To counter this, cane sugar company executives must manage multiple priorities simultaneously as they move from pandemic response to recovery and chart the path forward: monitoring…
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