Organic Coconut Sugar Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Organic Coconut Sugar Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Food

Report Description

Market Introduction:

Organic Coconut Sugar is a delicious, pure, unrefined alternative to processed sugar and artificial sweeteners. It has been used as a traditional sweetener since centuries, in coconut trees flourishing regions, such as Southeast Asia. Coconut Sugar, also referred sometimes as palm sugar, is produced from the flower bud of the coconut tree. Coconut sugar is mostly comprised of sucrose, which gives it a sweet, caramel-like flavor. It is devoid of added chemicals, unbleached and contains no preservatives. Organic coconut sugar has naturally occurring nutrients including magnesium, potassium, zinc, iron, B vitamins and amino acids. Coconut sugar serves a delicious addition to tea or coffee, smoothies, fruit juices, cakes, pancakes, curry dishes, dessert toppings, puddings, any type of fruit pies and more. 

Market Segmentation:

Organic Coconut Sugar can be segmented on the basis of form, end use application, packaging, distribution channel, and region.

On the basis of form, Organic Coconut Sugar Market can be segmented into fine powdered, powdered, crystal/ granular, block form and liquid syrup.

On the basis of end use application, Organic Coconut Sugar Market can be segmented into the household, foodservice, food and beverage manufacturers, personal care and cosmetics and others. In personal care, it is used in coconut scrubs and face and body creams as a natural ingredient and associated benefits to skin texture.

On the basis of the type of packaging, Organic Coconut Sugar Market can be segmented into pouches/ sachets, jars/ bottles and corrugated boxes.

On the basis of the distribution channel, Organic Coconut Sugar Market can be segmented into direct and retail sales. Direct sales refer to direct selling of organic coconut sugar as an ingredient to other industries. Retail sales are further segmented into convenience stores, grocery retailers, online retailers, and other retailing formats.

Drivers, Restraints, and Trends:

Growing demand for the product to replace cane sugar is likely to drive the market in next few years. The Organic coconut sugar has a low glycemic index as compared to cane sugar and honey. As a result, it reduces the rising sugar level rise in the bloodstream. Rising popularity of Asian Cuisine, increasing demand for dairy substitutes and associated health benefits associated with the Organic Coconut Sugar is expected to drive the market further in the projected period. Also, the increasing lactose intolerant among people worldwide is driving the market with its wide application in food and beverage industry. Increasing demand for the organic coconut sugar for manufacturing skin care products such as body scrubs, shaving gels, face and body creams is also contributing towards the growth of the market in the projected period.

Fluctuating prices in raw material and also the production process is more labor-intensive owing to lack of mechanization thus it is a time-consuming process which is further producer concentrated and poses some hindrances in the projected period for the market to flourish.

Increasing focus on healthy lifestyle, the inclination of consumers towards organically produced products and rising demand for natural cosmetics and personal care products is the rising trend among the consumers and is further expected to grow the market in the projected period.

Regional Outlook:

Asia pacific is the largest producer of organic coconut sugar owing to the abundant raw material. The rapid growth in food and beverage and cosmetics industry in Korea, India, and China is expected to have a positive impact in the future period. Increasing diabetic's patients and obesity are further posing consumers to look for alternatives like organic coconut sugar that lower the risk. Further, in U.S. Market, the organic coconut sugar is going to grow rapidly due to the rising health-conscious population. Also, low glycemic index and environmental sustainability are further going to grow the market in the projected period.

European consumers are more concerned about the nutritional values and also inclined towards the organic products. Thus the market is expected to grow in the forecasted period with the introduction of organic coconut sugar in the recipes and dishes in the cuisines. Growing diseases among the aged population are expected to increase the demand for alternative sweetener such as coconut sugar over the forecasted period.

Key Players:

Some of the prominent players of Organic Coconut Sugar are Coco Sugar Indonesia, IMC Organic Food Co., Connecticut Coconut Company (CCC), Celebes Coconut Corporation, CV. India sourcing, Singabera, PT Mega Inovasi Organik, Holos Integra, Tree Life and various other regional manufacturers.

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:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

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:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

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.

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