Sugarcane Market Driven by Increased Demand for Ethanol in Transportation Sector
Low-calorie content of brown sugar is gaining popularity on the back of deepening penetration of social media, wherein information is available freely and oftentimes goes viral. With the growing adoption of brown sugar, the demand for its raw material, sugarcane, is expected to expand profitably in the near future, according to recent business intelligence study from IndustryARC. The study is titled “
Sugarcane Market: By Type (Crystallized Sugar and Non-Crystallized Sugar); By Product type (Raw, Refined, Brown and others) By End-user (Sweetener, Bakery Products, Confectionery, Beverages and others); & By Geography - Forecast(2018 - 2023)
National Diabetes Statistics states that as of 2017, 9.4% of the U.S population was suffering from diabetes. On the other hand, the WHO estimates that over 304 million children and adolescents aged 5-19 were obese in 2016, globally. Evidently, diabetes and obesity are glaring concerns that need to be addressed in the longer term. One of the alternatives can be replacing white sugar with its newly developed brown counterpart. Brown sugar contains certain minerals, most notably calcium, potassium, iron, and magnesium owing to the presence of molasses content.
Browse 71 Market Tables, 178 Figures spread through 147 slides and an in-depth TOC on “
Sugarcane Market (2018 - 2023)”
The study has also detected that another stream of revenue is coming for the stockholders connected to the sugarcane market value chain is its application in the production of ethanol—a source of renewable energy, mainly for the transportation sector. Solutions to develop clean and renewable energy sources and to curb greenhouse gas emissions have gained tremendous impetus in the recent past owing to a global collaboration to curtail environmental pollution. The solution that is gaining maximum traction is renewable energy and sugarcane ethanol is poised to play a part and therefore, generate new revenue avenue for the stockholder. Increasing the sugarcane cultivation in the world would create rural jobs, increase access to electricity, and reduce dependency on oil imports in many of the world’s poorest countries.
Mechanized Harvesting Sugarcane Market Trend for Incremented Productivity
Mechanized harvesting eliminates the need for the burning field. With this, sugarcane straw is preserved and its energy can be harnessed by more electricity and more ethanol. The straw can be burned alongside bagasse in high-efficient boilers to produce more bioelectricity. Mechanization is expanding more and exceeds 90 percent of the harvest in Brazils top cane production. Additionally, 90% of new cars sold today in Brazil are flex-fuel due to consumer demand, and these vehicles now make up about 70% of the country’s entire light vehicle fleet. As a result, Brazilian consumers have a choice at the pump when they fuel their cars and most are choosing sugarcane ethanol for its price and environmental benefits. Other countries are expected to follow the suit soon.
Growing demand for brown sugar is opening a new revenue avenue for the players, whereas sugarcane as ethanol continues to be a key solution to curb greenhouse gas emission. It remains a leading renewable fuel in the transportation sector. Feeding off both these factors and numerous applications, the global sugarcane market is poised for a profitable future.
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India Sugarcane Market: By Type (Crystallized Sugar and Non-Crystallized Sugar); By Product type (Raw, Refined, Brown and others) By End-user (Sweetener, Bakery Products, Confectionery, Beverages and others); & By Region - Forecast(2018 - 2023)
Brazil Sugarcane Market: By Type (Crystallized Sugar and Non-Crystallized Sugar); By Product type (Raw, Refined, Brown and others) By End-user (Sweetener, Bakery Products, Confectionery, Beverages and others); & By Region - Forecast(2018 - 2023)
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