Sugar (Retail) is a sweet carbohydrate that comprises carbon, oxygen, and hydrogen. It is a soluble nutrient that exists in crystalline solid form and is primarily used as a sweetener for commercial and household activities. Sucrose is a well-known Sugar variety, which is a tabletop sweetener that is used in various industries, including food and beverage manufacturing sectors.
It is a disaccharide mainly composed of glucose and fructose molecules, which are bonded together and individually act as chemical reducing agents, as Sugar compounds are reactive in nature. Sugar (Retail) is commercially obtained from various resources; one of the common resources is the Sugarcane plant. The plant is processed to obtain its juice, filtered, and chemically processed to attain the raw Sugar that is marketed globally.
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The key importing countries for Sugar are the Netherlands, the United States, and Germany. On the other hand, the key exporting countries include Germany, the Netherlands, and France.
Key Details About the Sugar (Retail) Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Sugar (Retail) price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Sugar (Retail) Price chart, including India Sugar (Retail) price, USA Sugar (Retail) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Sugar (Retail) Price Trend:k
Sugar (Retail) is an organic sweetener that is obtained from plants. The extraction of Sugar from plants involves various filtration processes, along with the involvement of edible chemicals in it. These chemicals ensure the long shelf-life of the end-use product. It is an irreplaceable, versatile ingredient used in the production process of various food and beverage products. It is added to balance acidity and add sweetness to the edible item. Sugar is also used to prevent spoilage of the food.
Additionally, Sugar is used to produce medication products, such as syrups and tablets, to make it more palate friendly. It is also used to make non-toxic and biodegradable bioplastics, which are also highly preferred alternatives. Sugar (Retail) has several roles to play in the food and beverages sector. It not only acts as a sweetener but also as a preservative, bulking, coloring, and flavoring agent. It is also a fermentation substrate and texture modifier that is used in cooking everything, including bread, desserts, custards, cookies, and more.
Key Players:
- Raízen
- Associated British Foods Plc
- Wilmar International Ltd
- Suedzucker AG
- Godavari Biorefineries Ltd. (GBL)
News & Recent Development
- Date: March 7, 2023- India is holding up with Sugar prices at a reasonable rate while maintaining ample availability amongst other countries with high rates.
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