Market News
Brown Sugar Market Key Developments:
- In May 2015, Tereos, a sugar manufacturer specialized in processing sugar beet, sugar cane and cereals, acquired UK based sugar company Napier Brown Sugar Limited from Real Good Food plc in a deal worth US$ 43.69 million. Napier Brown Sugar is a leading supplier of brown sugar in UK and therefore this acquisition of Napier is expected to strengthen Tereos positions in UK and Europe.
- In September 2015, Murugappa Group, India’s one of the leading producer of a range of sugar products launched new ‘Parry’s Amrit’ sugar. This is 100% original cane sugar which is semi processed, and is light brown in color, having characteristic aroma of sugarcane juice.
- In September 2019, Redpath Sugar Refinery, a Toronto based sugar manufacturer launched new premium sugar product range, ‘Redpath Collection’. Two sugar varieties are available in ‘Redpath Collection’ including organic granulated sugar and ‘Simply Raw Turbinado Sugar’ which a golden colored brown sugar. This launch is expected to expand company’s product portfolio and strengthen its position in brown sugar market.