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Big Players Enter Retail Sugar Market

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Food conglomerate GraceKennedy has entered the retail sugar market, while Seprod is two weeks away from introducing its product – the latest developments in the rapid evolution of how the sweetener is traded within the span of just one year.

Around this time in 2015, the only known branded sugar product was Jamaica Gold, which is sold by Jamaica Cane Product Sales (JCPS). Now, there at least seven more players with their own brands, based on a Sunday Business review of refined or granulated and brown sugar products.

Checks also revealed at least two speciality sugars, a coconut-based powdered sweetener seen on retail shelves, and a cane-based imported product specially marketed to the health conscious.

Published in the Gleaner
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