Sugar and supplements are a very integral part of consumer diets worldwide. Industry analysts estimate that the global market for sugar will likely surpass the mark of 177 million metric tons by the end of 2015. There are several factors that have been propelling the growth of the global sugar market. These include: an increasing role of sugar in globally changing consumption patterns and growing incomes and higher disposable income in emerging economies of BRIC. Besides these prominent reasons, there are other factors at play in the growing demand for sugar. For instance, the prices of sweetener alternatives such as corn and agave syrup have been demonstrating an upward growth graph. This has desisted consumers from purchasing alternative sweeteners and they are turning towards sugar instead.
Globally, the leading markets for sugar include the European Union and the Asia Pacific region.
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Sugar and supplements are a very integral part of consumer diets worldwide. Industry analysts estimate that the global market for sugar will likely surpass the mark of 177 million metric tons by the end of 2015. There are several factors that have been propelling the growth of the global sugar market. These include: an increasing role of sugar in globally changing consumption patterns and growing incomes and higher disposable income in emerging economies of BRIC. Besides these prominent reasons, there are other factors at play in the growing demand for sugar. For instance, the prices of sweete ... Read More Hide
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