Asia Pacific Demerara Sugar Market is expected to reach US$ 2,212.14 million by 2027

Conventional Segment to Dominate Asia Pacific Demerara Sugar Market during 2019–2027

According to The Insight Partners market research study on “Asia Pacific Demerara Sugar Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast – by Nature, End User Industry, Distribution Channel and Country,” is expected to reach US$ 2,212.14 million by 2027 from US$ 1,490.33 million in 2019. The market is estimated to grow at a CAGR of 5.2% from 2020 to 2027. The report provides trends prevailing in the Asia Pacific demerara sugar market along with the drivers and restraints pertaining to the market growth. Rise in use of demerara sugar in baking applications and increase in awareness regarding the health benefits of demerara sugar amongst the consumers are the major factors driving the growth of the Asia Pacific demerara sugar market. However, widescale availability of substitutes may hinder the growth of Asia Pacific demerara sugar market.

In case of COVID-19, in Asia Pacific, especially India, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of the food & beverages producing activities; other food & beverages products manufacturing sector has subsequently impacted the demand for demerara sugar during the early months of 2020. Moreover, decline in the overall production activities has led to discontinuation of the food & beverages projects, thereby reducing the demand for demerara sugar. Similar trend was witnessed in other Asia Pacific countries, i.e., Japan, China and Australia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.

The market for Asia Pacific demerara sugar is segmented into nature, end user industry, distribution channel and country. Based on nature, the market is segmented into organic and conventional. In 2019, the conventional segment held the largest share in Asia Pacific demerara sugar market. Based on end user industry, the Asia Pacific demerara sugar is divided into food, pharmaceuticals and nutraceuticals, beverages and others. The others segment is expected to be the fastest growing segment over the forecast period. Based on distribution channel, the Asia Pacific demerara sugar is divided into grocery stores, supermarkets or hypermarkets, distributors and wholesalers, online retailers, and others. Furthermore, in this present scenario of COVID 19 pandemic, the Asia Pacific demerara sugar market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Asia Pacific countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for demerara sugar.

Associated British Foods plc; Tereos Group; Nordzucker AG; Sugar Australia Company Ltd.; Tate & Lyle and Rajshree Sugars & Chemicals Ltd. are some of the leading companies in the Asia Pacific demerara sugar market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

The report segments the Asia Pacific Demerara Sugar market as follows:

• Organic
• Conventional

• Food
• Pharmaceuticals and Nutraceuticals
• Beverages
• Others

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

• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia Pacific