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The Panela market is a segment of the sugar and sweeteners industry that focuses on the production and sale of panela, a type of unrefined sugar made from the juice of sugar cane. It is a traditional sweetener in many Latin American countries, and is known for its unique flavor and texture. Panela is produced by boiling the juice of sugar cane until it thickens and crystallizes, and is then shaped into blocks or cones. It is often used as a substitute for refined sugar in baking and cooking, and is also used to make traditional drinks such as aguapanela and canelazo.
The Panela market is growing in popularity due to its health benefits, as it is a natural sweetener with no added chemicals or preservatives. It is also seen as a more sustainable alternative to refined sugar, as it is produced using traditional methods and does not require the use of pesticides or fertilizers.
Some companies in the Panela market include La Panela, Panela de Barlovento, and Panela de Cundinamarca. Show Less Read more