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Going out less has reduced our sugar obsession

Jun 15, 2020 18:42 IST

In a fairly unexpected outcome of stay at home orders, the world seems to have lost its love for sweet treats. According to a Bloomberg report, quoting Czarnikow Group, sugar demand will drop this season for the first time in four decades. This is in part due to closure of cinemas, eateries, sporting events where consumption of sugary drinks like soda and confectionery items. Food giants Nestle, Coca Cola and Pepsico have all either reported or are expecting revenue to fall as people go out less. According to the International Sugar Organisation, the coronavirus crisis has wiped out all projected growth for the sugar industry in 2020 and consumption will slip 1.2% this season.