Americas held the largest market share in the Panela Market

According to the new market research report by IndustryARC titled “Panela Market: By Form (Solid, Liquid, and Granulated); By Application (Bakery, Confectionary, Savory, and Beverages); By Sector (On Shore & Off Shore); By Well Type (Open Hole & Cased Hole) & Geography - (2018-2023)”, the market is driven by the burgeoning demand in emerging economies due to its nutritional values.

Americas held the largest market share in the Panela Market

Americas region holds the largest market share and growth in the Panela Market and is anticipated to The growth in the region is owing to wide range of Panela production in countries like Brazil, Mexico, Guatemala, Venezuela, Haiti, Peru, Ecuador, Costa Rica, Panama. The key applications including wireline logging, wireline intervention, wireline completion, Recovery, and others.

Selected Product Analysis done in the full report

• Panela is extracted from the sugarcane juice and is converted to solid form through concentrated (boiling and evaporation) process. Its properties include golden brown to dark brown in color and contains bagasse fiber, proteins, invert sugars. Panela also goes with multiple regional names in the global market such as Chancaca, Uluru Dust, Piloncilo, and Jaggery etc.
• Panela has rich nutritional values and the awareness in consumers about this fact is a recent development. However, now consumers in increasing numbers are considering Panela to be healthier.
• Its health benefits include but not limited to preventing respiratory problems, anemia, and constipation. It also helps in blood purification, controls blood pressure levels, cleanse the body and also enhance the immunity system of the body.

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Excerpts on Market Growth Factors

• Panela production as a strategy for diversifying incomes in rural area of Latin America.
• Panela is highly sought out in global level market owing to its plethora of applications in food and beverages industry including soft drinks, confectionery, and bakery.
• Lion’s share of Panela market is from Asia-Pacific and African regions and Latin America is considered as the world’s largest producer of panela.
• Confectionary is considered to be the leading segment in application, as it has wide application in preparing chocolates, sweets etc;
• Globally, 13 million tons of Panela has been sold to consumers every year.
• Columbia is the second world producer of Panela after India. The Panela industry is a major source of employment in Columbia with about 350,000 people working in 20,000 farms.
• Columbia’s total panela production averaged around US $500 millions per year.
• In Columbia, the regional government’s collaboration with USAID on two additional PPPs(public-private partnerships), the Secretariat of Agriculture accessed an additional US$750,000 to invest in the panela value chain

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Key players of Panela Market:

• Royal Agro Food Industries is considered as one of the key players of the market with $7-14 millions of market share annually. Other players include Dulces El Trapiche and Coastal Fine Foods.

Panela Market Report is segmented as indicated below

• According to the new market research report by IndustryARC titled “Panela Market: By Form (Solid, Liquid, and Granulated); By Application (Bakery, Confectionary, Savory, and Beverages); & Geography - (2018-2023)”, the market is
• Panela Market By Form:
  1. Solid
  2. Liquid
  3. Granulated

• Panela Market By Application

1. Bakery
2. Confectionary
3. Savory
4. Beverages

• Panela Market By Sector

1. On Shore
2. Off Shore

• Panela Market By Geography (Covers 12 + Countries)
• Panela Market By Entropy

Companies Cited/Referenced/Interviewed:

• OBELO
• Pura Panela
• Panela Carmelita
• Taj Agro Products
• Company 5
• Company 6
• Company 7
• Company 8
• Company 9
• Company 10+

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2. Brazil Sugarcane Market

https://industryarc.com/Report/18402/brazil-sugarcane-market-research-report-analysis.html

What can you expect from the report?

The Panela Market is Prepared with the Main Agenda to Cover the following 20 points:

1. Market Size by Product Categories
2. Market trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Demand Analysis (By Revenue & Volume)
12. Country level Analysis (15+)
13. Competitor Analysis
14. Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Strategic Analysis
18. Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Revenue and Volume Analysis

FAQ:

Does IndustryARC publish country, geography or application based reports in Panela Market?

Yes, we do have separate reports as mentioned below:

1. 1. Americas Market for Panela (2018-2023)
   2. Europe Market for Panela(2018-2023)
   3. APAC Market for Panela(2018-2023)
   4. RoW Market for Panela(2018-2023)
   5. Solid Market for Panela (2018-2023)
   6. Liquid Market for Panela (2018-2023)
   7. Granulated Market for Panela (2018-2023)
   8. Bakery Market for Panela (2018-2023)
   9. Confectionary Market for Panela (2018-2023)
   10. Savory Market for Panela (2018-2023)
   11. Beverages Market for Panela (2018-2023)
   12. On Shore Market for Panela (20181-2023)
   13. Off Shore Market for Panela (2018-2023)

Does IndustryARC customize these reports and charge additionally for limited customization?

Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:

1. 1. 1. Increase the level of data in application or end user industry.
      2. Increase the number of countries in geography chapter.
      3. Find out market shares for other smaller companies or companies which are of interest to you.
      4. Company profiles can be requested based on your interest.
      5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.

Any other major customizations can be discussed with our team, we can provide a separate quote based on your requirement. You can drop in an e-mail to sales@industryarc.com to discuss more about our consulting services.

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