India Cane Sugar News

Recent industry report about India Cane Sugar company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ India Cane Sugar Market industry experts.

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India Cane Sugar News

  • November 2021: DCM Shriram Ltd announced an investment of over INR 350 crore to expand the capacity of sugar mills. The company approved three investment proposals for the sugar business to capitalize on the increase in sugarcane availability in its catchment area, enhance the capacity for the production of refined sugar due to consumer preference, and build feedstock flexibility for its distilleries.
  • September 2021: Murugappa Group's EID-Parry (India) announced that it would set up a grain/sugar syrup/molasses-based distillery with a capacity of 120 KL per day (KLPD) at its Sankili unit in Andhra Pradesh.
  • March 2021: Dalmia Bharat Sugar & Industries Ltd. (DBSIL) announced the launch of packaged sugar under the brand name "Dalmia Utsav" to enter the B2C segment. DBSIL launched crystalline white sugar and brown sugar.

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  • May 2022: Perfect Day Foods, a California-based food technology startup making whey and casein proteins using precision fermentation, expanded its footprint in animal-free products by investing both in India. The company launched a new Enterprise Biology Hub in Salt Lake City and also announced its plans to expand in India with a liquidation buy-off of Mumbai-based Sterling Biotech, acquiring two manufacturing plants in Gujarat and another in Tamil Nadu.
  • August 2022: New Zealand dairy giant Fonterra and bioscience company Royal DSM, have launched a precision fermentation startup to create sustainable dairy proteins, including whey proteins.
  • June 2022: NZMP, Fonterra's global ingredients and solutions brand, announced the launch of Pro-OptimaTM, a Grade A functional Whey Protein Concentrate (fWPC) including significant casein content, with Tillamook County Creamery Association (TCCA) and Three Mile Canyon Farms in a joint venture called Columbia River Technologies (CRT).
  • July 2022: The US sweetener producer Sweegen introduced a new liquid stevia line, Bestevia LQ, at IFT FIRST, the Institute of Food Technologists meeting and exposition in Chicago. The sweeteners are intended to lower sugar in products, including concentrated fruit/flavored syrup, confectionary, liquid sweeteners, dessert toppings, and carbonated soft beverages.
  • March 2022: Cargill announced its strategy of sweetening its stevia products with the commercial availability of its EverSweet + ClearFlo technology. Combining Cargill's stevia sweetener with a natural flavor, the new sweetener system provides multiple benefits, including flavor modification, faster dissolution, and improved solubility and stability in formulations, according to the company.
  • July 2021: Layn built a new stevia plant to help meet the increasing global demand for natural sweeteners. It invested USD 148 million to build a new production facility capable of annual processing of 4,000 tons of stevia leaf extract.
  • June 2022: Kensing, LLC, a renowned manufacturer specializing in natural vitamin E, plant sterols, and high-purity surfactants, and a portfolio company of One Rock Capital Partners, LLC, has recently completed the acquisition of Vitae Naturals. Vitae Naturals, a prominent producer of plant sterol esters and non-GMO natural vitamin E derivatives, caters to a diverse range of industries, including food, nutrition, and skincare.
  • February 2022: Orah Nutrichem Pvt Ltd, situated in Pune, is one of India's leading manufacturers of natural vitamin E. The company has launched ORAH Vit E, a natural anti-oxidant based on tocotrienols, as well as other variants. The company claims that the product is a powerful anti-oxidant with exceptional cardiovascular and neurotic benefits apart from being a great cosmetic anti-oxidant. Orah Vit E is renowned for its exceptional anti-aging properties within the cosmetic industry.
  • December 2021: The Kensing company announced its partnership with Azelis for a better and more feasible distribution of vegetable oils, vitamins, and personal care products in Europe and the Middle East, and Africa. Azelis has a strong distribution network across these regions in the B2B segment. The company mainly aims to distribute its mainstream products Covi-ox, Covitol, Copherol, and Generol.
  • June 2021: One Rock Capital acquired the specialty chemical facility and other business segments from BASF in Kankakee, Illinois, United States. The firm aims to upgrade the facility and manufacture vegetable oils, natural vitamin E, and other specialty chemicals in the plant.
  • August 2020: AFFCO's Renco invested multi-millions of dollars in increasing their rennet production capacity. The company has partnered with The Cheese Connection, a distributor that supplies Renco's rennet to the United States. The expansion had doubled the company's production capacity of rennet, which in turn strengthened its relationship with The Cheese Connection.
  • January 2020: PunatureFood Ingredient Co. Ltd. started the production of chymosin, also known as rennin, in their China manufacturing unit.
  • November 2019: DSM announced its acquisition of specialty dairy solutions provider Koninklijke CSK Food Enrichment CV in a deal worth around EUR 150 million. CSK's modernized dairy application center in Food Valley, Wageningen, will be included in the deal. With its high-tech fermentation plant in Leeuwarden, it will also become part of DSM's global production network.
  • March 2022: Alfa Laval acquired Desmet, a well-known player in the engineering and supply of processing facilities and technologies for the edible oil and biofuel sectors. Desmet was a division of the Desmet Ballestra Group. The acquisition strengthened Alfa Laval's position in the field of renewable energy and helped the company expand its range of edible oils.
  • November 2021: Cargill acquired an edible oil refinery located in Nellore in Andhra Pradesh. Cargill's investment to acquire and upgrade the facility will significantly expand its edible oil production capacity and footprint in southern India and strengthen its existing supply chain to meet growing customer demand.
  • November 2021: To build the new facility in the HoogTij industrial district of the Port of Amsterdam, Bunge announced its plans to invest more than EUR 300 million (USD 343 million) for the expansion project. According to the company, it was a crucial step in leveraging Bunge's asset footprint in Europe and was expected to help the company achieve more operational flexibility and efficiency. With the help of the new facility, the company aims to offer a wider range of cutting-edge culinary oils and fats made from sustainably harvested plants, better positioning its brand to satisfy growing consumer demand.
  • In October 2021, Omega-3 concentrates supplier GC Rieber VivoMega announced its plans to expand production facilities and storage tanks to accommodate more ingredients in the upcoming years.
  • In September 2021, KD Pharma Group introduced Alga3, a sustainable, vegan omega-3 solution. KD Nutra's superior technology and production flexibility allow for a wide range of omega-3 concentrates. This means the company can customize the EPA and DHA ratio on customer needs, and for any kd-pür fish oil, there is a matching Alga3 plant-based solution.
  • In May 2021, AlgaeCytes Limited announced plans to build its first commercial plant in Dessau, Saxon-Anhalt, Germany. The plant will be owned and operated by the Company's German subsidiary, AlgaeCytes Germany GmbH.
  • May 2022: Kerry Group opened a new EUR 38 million (USD 40 million) manufacturing plant in Africa. The 10,000-square-meter plant is to produce sustainable nutrition products that will be consumed across Africa. The facility will advance Kerry's F&B production capacity by 40% to 40,000 tons per annum and expect to reach 50,000 tons in a future expansion.
  • February 2022: Givaudan launched PrimeLock+, a patent-pending, natural, vegan-friendly integrated solution miming animal fat cells, enabling food companies to take plant-based product development and consumer satisfaction to a new level.
  • November 2021: Tate & Lyle PLC, a leading global provider of food and beverage solutions and ingredients, and Nutriati, an ingredient technology company developing solutions from one of the industry's most functional plant-based ingredients, signed an exclusive five-year partnership for Tate & Lyle to distribute high-quality, sustainable chickpea protein and flour.
  • September 2022: The FrieslandCampina company launched Biotis GOS-OP High Purity in the Asia-Pacific region (APAC). Using the company's high-level galactooligosaccharides (GOS) ingredient, it hopes to fill the market gap and fuel supplement innovation relating to prebiotics.
  • February 2022: Royal DSM, a global, purpose-led, science-based company active in nutrition, health, and sustainable living, announced that it had bolstered its capabilities as an end-to-end partner for North American customers in the gut health space.
  • November 2021: ADM acquired DeerlandProbiotics & Enzymes, a leader in probiotic, prebiotic, and enzyme technology, with global sales and manufacturing in the United States and Europe. The acquisition will help ADM use Deerland's capabilities and portfolio to deliver synergies for its Health and Wellness business and support its growth across the Nutrition business unit.
  • December 2021: Givaudan acquired DDW, the Color House, a US-based natural color company. The acquisition of DDW further strengthened Givaudan's leadership position in the color business globally.
  • December 2021: The AEB Group launched FERMOALE New-E, a new yeast in active dry form suitable to produce juicy beer styles.
  • September 2021: Archer-Daniels-Midland Co., a grain merchant from the United States, announced that it opened a new flavor production factory in China to manufacture food and beverages in response to the growing consumer demand.
  • August 2022: The Puratos Group partnered with Shiru, an ingredient company, to explore sustainable plant-based protein ingredients for baked goods.
  • January 2022: The Puratos Group announced the acquisition of Profimix, a key supplier of improvers, bakery mixes, and confectionery items based in Province, the Czech Republic. The purpose of this acquisition is to produce health and well-being products for consumers.
  • January 2021: The Puratos Group announced a collaboration with EverGrain, a sustainable plant-based barley ingredients company, in order to develop nutritious products for the bakery industry.

Sugar Industry in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)