A
new market intelligence study by Transparency Market Research offers
a thorough overview of the global panela market, highlighting the key
growth prospects and challenges faced by the leading players
operating in it. The research study, titled “Panela Market - Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast
2016–2024,” provides insights into the dynamics of the market and
sheds light on the competitive scenario. The historical information
and projected statistics of the global panela market have been
discussed in the study to offer a strong understanding of the market.
View
exclusive Global strategic Business report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=13337
The
growing awareness among consumers regarding consumption of organic
food is one of the prominent factors driving the panela market across
the globe. The expansion of application base is expected to boost the
demand for panela throughout the forecast period. In addition, food
manufacturers worldwide are now more inclined towards using panela
than brown sugar, owing to its natural taste and rich flavor. Several
health benefits offered by panela and the rising number health
conscious consumers are expected to fuel the growth of the global
panela market in the next few years.
On
the basis of form, the global panela market has been classified into
liquid, solid, and granulated. By application, the market has been
categorized into savory, confectionery, beverages, and bakery. Among
these, the confectionery segment accounts for a massive share in the
global panela market and is estimated to register a significant
growth rate throughout the forecast period. The high growth of this
segment can be attributed to the rich taste of panela, owing to which
it is used extensively to make different types of sweets and
chocolates.
On
the basis of geography, the global panela market has been classified
into Western Europe, Eastern Europe, Latin America, North America,
Japan, the Middle East and Africa, and Asia Pacific. High growth in
the demand for and consumption of panela is contributing
significantly towards the growth of the panela
market in Asia Pacific. The share and size of each region, along
with the projected growth rate have been provided in the scope of the
research report to help the leading players in formulating effective
strategies and gain a competitive advantage.
Panela Carmelita, CCBOL Group, Taj Agro Products, Royal Agro Foods Industries, Pura Panela, Coastal Fine Foods, Dulces El Trapiche, and OBELO are some of the prominent players operating in the panela market across the globe. To provide a strong understanding of the global panela market, the research study provides detailed profiles of the leading players. Key strategies and policies adopted by them in order to sustain the competition have been discussed in the study.
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