Evaporated cane juice: Market outlook
Evaporated cane juice is a naturally occurring sugar cane sweetener. Evaporated cane juice is made from combinations of fructose and glucose. It is partially refined and processed into a cycle of single-crystallisation. Both table sugar and evaporated cane juice are extracted from sugar cane. However, the creation of evaporated cane juice crystals does not require the same processing process as that used to manufacture table sugar. The product of the evaporated cane juice preserves some of the sugar cane nutrients as it is not refined as much as table sugar is. The different types of evaporated crystals of cane juice include milled cane sugar, demerara, and muscovado. It is used as a substitute to brown sugar and is used in various applications, such as baking and dry grinding. Evaporated cane juice is expected to experience an increasing demand due to the less processing needed for its formulation. This results in more nutrients being retained when compared to processed ingredient. Owing to these factors coupled with high consumer awareness regarding the side effects of consuming processed food products, Evaporated Cane Juice market is expected to witness a significant growth over the forecast year.
Increasing preference of consumers, to consume flavoured food products
Though its sweet taste is the main reason for evaporated cane juice, evaporated cane juice has many other functions in food technology. Among such, the most significant is that added evaporated cane juice serves as a sweetener, preservative, texture additive, fermentation substratum, flavouring and colouring agent, bulking agent. Evaporated cane juice is used as a flavour enhancer in nutritious foods such as sour fruits (frozen berries or rhubarb) helps balance the flavour and make it more palatable. Evaporated cane juice also improves the flavour of fruits in foods. The presence of evaporated cane juice in the flavoured food products is expected to drive the market growth of Evaporated cane juice.
Rising Demand for Intense sweeteners
Intense sweeteners have become more popular, and their use has been increasing for many years in manufacturing facility. Blending sweetener is one of the industry's trendiest feature. Several food brands seek to reduce production costs where sweetener blending can play a vital role. In addition, it helps improve the taste and consistency in quality of the product. Artificial natural sweeteners like Evaporated cane juice are likely to stay in the spotlight, as non-natural ingredients are more feasible than natural sugar derived from sugar cane and beet. Food and beverage firms are also likely to remain inclined to use concentrated sweeteners instead of HFSC or sugar.
Global Evaporated Cane Juice: Market Segmentation
On the basis of type, global evaporated cane juice can be segmented as:-
On the basis of form, global evaporated cane juice can be segmented as:-
On the basis of application, global evaporated cane juice can be segmented as:-
- Bakery and Confectionery,
- Sauces and Seasoning
- Cereals Nutraceuticals
Global Evaporated Cane Juice: Key Players
Some the key players operating their business in the global evaporated cane juice market are Gillco Products, Inc., DW Montgomery & Company, Florida Crystals Corporation, Sweet Additions, LLC, and Batory Foods.
Increasing Demand for Low Calorie Sugar from End-use Industries
As consumers increasingly demand healthy foods, food producers across the globe strive to produce food products that provide both benefits to health as well as meet taste expectations. Evaporated cane juice has an energy as of sugar and is also known to offer a profile with similar upfront sweetness as sucrose. In addition, evaporated cane juice has a similar taste to sugar and has almost the same structure. As a result, food producers across various end-use industries, such as bakery, confectionery, and dairy, have started to use evaporated cane juice to manufacture their food products, as it can be used along with other sweeteners. Due to these factors, there is a growing demand for evaporated cane juice from end-use industries, which is expected to promote the growth of the evaporated cane juice market in the years to come.
The evaporated cane juice report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
The study is a source of reliable data on:
- Evaporated cane juice segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The evaporated cane juice report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the evaporated cane juice report projects the attractiveness of each major segment over the forecast period.
Highlights of the Evaporated cane juice report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the evaporated cane juice
- Recommendations to companies for strengthening their foothold in the evaporated cane juice
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.