Coconut sugar is a natural sweetener, manufactured from dried nectar of flowers, grown on top of coconut palm trees, is considered to be a beneficial alternative to conventional table sugar. Coconut sugar is healthier than table sugar for diabetic patients and consumers suffering from health problems related to blood sugar. Coconut sugar market witnesses a high demand owing to its nutritional attributes. Coconut sugar offers more minerals and vitamins as compared to white sugar. Coconut sugar contains traces of potassium, vitamin c, calcium, iron, zinc, phosphorus. Besides these, coconut sugar also offers minimal amounts of phytonutrients such as flavonoids, antioxidants, polyphenols, and anthocyanidin. United Nations’ Food and Agricultural Organization recognizes coconut sugar as the world’s most sustainable sweetener by
Global Coconut sugar Market Dynamics
Coconut palm, as compared to sugar cane require a minimum amount of water, it produces a plenty of coconut products and also supports multi-cropping of various coconut products, coconut sugar being one of them which in turn, has resulted into greater manufacturing of coconut sugar thereby fueling the growth of coconut sugar market. According to Big Farm Trees, coconut palms produces more than 50% to 70% of coconut sugar per acre in comparison to sugar cane on average. Coconut sugar’s nutritional benefits over table sugar have helped the coconut sugar market to witness a significant adoption among the consumers. Coconut sugar can melt and blend gently in recipes along with producing a mild caramel flavor and subtle coconut aroma. This characteristic has uplifted the demand of global coconut sugar market.
However, the coconut sugar market faces few restraints to its continuous ascent. Production of coconut sugar is a labor intensive process owing to the lack of mechanization process. With the aim to produce environment-friendly sweetener, manufacturing of coconut sugar is a time-consuming process. Thus the rapid growth in coconut sugar demand makes it difficult for the coconut sugar manufacturers to meet the increasing demand which thereby hindering the growth of coconut sugar market. The cost of coconut sugar is higher than other sweetener alternatives such as sugar cane, agave and beet sugar which also acts as an obstacle to the coconut sugar market growth.
Global Coconut sugar Market Segmentation
Coconut sugar market is segmented on the basis of its type of nutrient contents which include:
Coconut sugar market can is segmented on the basis of food and beverage industry application which include:
Coconut sugar is healthier than traditional table sugar owing to its nutritional attributes. Coconut sugar market is segmented on the basis of nutritional components. Coconut sugar contains Vitamin C, minerals such as potassium, iron, zinc and phosphorus and phytonutrients such as flavonoids, antioxidants, polyphenols, and anthocyanidin. Coconut sugar has a significant usage in the food and beverage industry hence it can be classified by form of industrial application. It has its usage in bakery products such as biscuits, confectionary products such as cakes, chocolates, and brownies. Coconut sugar acts as a tea sweetener, juice sweetener or any other beverage sweetener. Coconut sugar also acts as a food seasoning agent.
Global Coconut Sugar Market: Regional Outlook
Regional coverage for coconut sugar market includes North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). US coconut sugar market in North America accounts for the fastest growing natural sweetener owing to its growing health consciousness. Latin America, Western and Eastern Europe, APEJ, Japan and MEA are however likely to contribute to the coconut sugar market during the forecast period.
Global Coconut sugar Market Players
Few coconut sugar players in the market are Tree Life, Coco sugar, Tradin Organic, Holos Integra and others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
The regional analysis covers:
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Please fill the Request TOC form below.
Make an enquiry before buying this Report
Please fill the enquiry form below.