Sugar mixes are made mixing the sugar syrup, power, or granules with some other ingredients like cinnamon, fruits, dairy-based products, etc. The sugar is extracted from sugar cane plants and then used for making a variety of sugar products. The sugar mixes are used for cooking, baking, confectionery, beverages, convenience food, and other applications. It can be made of white sugar, brown sugar, and liquid sugar.This growth is primarily driven by Increasing Demand for Sugar Based Food Products and Rising Demand for Flavor based Sugar Mixes for Bakery and Confectionery Products.
Globally, a noticeable market trend is evident Increasing Usage of Sugar Mixes in Beverages, Bakery and Confectionery Products. Major Vendors, such as LACTALIS Ingredients (France), Kerry (Ireland), Arla Foods Ingredients (Denmark), Louis Dreyfus Company B.V. (Netherlands), FrieslandCampina (Netherlands), Whole Earth Sweetener Co., LLC (United States), Bayn Group (Sweden) and The Pillsbury Company (General Mills) (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 18th December 2020, Whole Earth Brands, Inc., a global food company enabling healthier lifestyles by providing access to premium plant-based sweeteners, flavor enhancers, and other foods through a diverse portfolio of trusted brands and delicious products, announced that it has executed a definitive agreement to acquire all of the issued and outstanding capital stock of WSO Investments, Inc., the holding company for Wholesome Sweeteners Incorporated, an organic sweetener brand in North America.
- Increasing Demand for Sugar Based Food Products
- Rising Demand for Flavor based Sugar Mixes for Bakery and Confectionery Products
- Increasing Usage of Sugar Mixes in Beverages, Bakery and Confectionery Products
- Health-related Risks Associated with the Consumption of Excess Sugar Mixes
OpportunitiesAdvertising and Marketing of Sugar Mixes Brands will Boost the Sugar Mixes Market and Availability of Sugar Mixes in Various Flavor Range
ChallengesLow-Quality Sugar Mixes Alternative Available in the Market in Lower Prices
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