Panela Market - Forecast(2021 - 2026)
Improvements in Panela production and an increase in demand from the international market is driving the growth of Panela. With its associated benefits and high consumption rate within the country and internationally the market is expected to enter the disruption stage. What is Panela? Panela is a kind of unrefined non-centrifugal cane sugar which can be found in solid form of sucrose. It can be obtained by the process of boiling and evaporating water from the sugarcane juice. It can also be defined as unrefined whole cane brown sugar. It is extracted from the sugarcane juice by boiling it in a traditional way and evaporating the water content in it. Smoky, caramelly, and earthy sugar are different names for Panela. The molasses in it gives Panela its brownish color and texture. Panela consist of sucrose, glucose, fructose , minerals, fats, invert sugars, vitamins, bagasse fiber and proteins making it nutritionally richer than sugar. It is widely used in several countries and known w...