Panela market rising demand from confectionery segment to augment growth, taj pharmaceuticals

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01-13-2017 12:27 PM C ET - Business, Economy, Finances, Banking & Insurance

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Panela Market: Rising Demand from Confectionery Segment to Augment Growth Press release from: Transparency Market Research

More Releases from Transparency Market Research A new market intelligence study by Transparency Market Research offers a thorough overview of the global panela market, highlighting the key grow th prospects and challenges faced by the leading players operating in it. The research study, titled “Panela Market - Global Industry Analysis, Size, Share, Grow th, 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: w w w .transparencymarketresearch.com/sample/sample.php?flag...

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The grow ing aw areness 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 w orldw ide are now more inclined tow ards using panela than brow n sugar, ow ing 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 grow th 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 grow th rate throughout the forecast period. The high grow th of this segment can be attributed to the rich taste of panela, ow ing to w hich it is used extensively to make different types of sw eets and chocolates.

On the basis of geography, the global panela market has been classified into W estern Europe, Eastern Europe, Latin America, North America, Japan, the Middle East and Africa, and Asia Pacific. High grow th in the demand for and consumption of panela is contributing significantly tow ards the grow th of the panela market in Asia Pacific. The share and size of each region, along w ith the projected grow th 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.

About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forw ard-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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US Office Contact 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com W ebsite: w w w .transparencymarketresearch.com This release was published on openPR.

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