 "Processed foods once heavy on corn syrup are being replaced with those bearing clean labels and shorter ingredients lists photo: istock")
The change can be attributed to several factors, according to a new report from Rabobank, including warnings about rising obesity rates, government initiatives like soda taxes, and manufacturers' commitments to reformulating processed foods to lower their sugar content.
Nor are emerging markets likely to provide a robust alternative for the sugar industry. Rising incomes tend to slow the consumption of processed foods, and sugar with them.
"This whole movement has gone beyond the fad stage and become a trend," said Andy Duff, a global strategist at RaboResearch and an author of the report. "It does give the market
Nor are emerging markets likely to provide a robust alternative for the sugar industry. Rising incomes tend to slow the consumption of processed foods, and sugar with them.
"This whole movement has gone beyond the fad stage and become a trend," said Andy Duff, a global strategist at RaboResearch and an author of the report. "It does give the market
