Coconut Sugar Market - By Industry Applications (Beverages (Tea and Juice), Confectionary (Chocolates, Brownies, & Cakes), Bakery, Personal Care, and Food Seasoner), By Nutritional Components (Vitamin C, Minerals (Iron, Phosphorus, Potassium, Calcium, and Zinc), and Phytonutrients (Anthocyanidin, Antioxidants, Flavonoids, and Polyphenols))-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2020 – 2029

                                          
Abstract
                    
The global coconut sugar market value was estimated at 1.8 (USD Billion) in 2019 and is projected to grow at a CAGR of over 5.5% during the period from 2019 to 2025. The report offers valuation and analysis of the coconut sugar market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

Introduction

Coconut sugar will be beneficial for health in comparison to traditional table sugar due to its high nutritive value. In addition to this, coconut sugar possesses a low glycemic index in comparison to other sugars derived from sugarcane & honey. Furthermore, coconut sugar provides more minerals & vitamins in comparison to white sugar. It comprises potassium, iron, phosphorous, vitamin c, zinc, and calcium. Furthermore, coconut sugar provides a minimal proportion of phytonutrients including Anthocyanidin, flavonoids, polyphenols, and antioxidants.


Market Growth Dynamics

Escalating product demand and replacement of conventional sweeteners like sugar cane with coconut sugar is projected to espouse the market expansion over the forecast period. In addition to this, coconut sugar contains a lower glycemic index and hence the intake of the product minimizes the probability of a rise in the proportion of sugar in the blood. This, in turn, is anticipated to culminate in a humungous surge in the growth of the coconut sugar industry over the forthcoming years. In addition to this, escalating demand for the coconut sugar in beverages like coffee and tea as a substitute for sugar will open new vistas of growth for the market. Furthermore, product innovations are anticipated to bring an improvement in the overall market performance over the coming years.

Asia Pacific Market To Acquire Numero Uno Position Over 2019- 2025

The growth of the coconut sugar industry over the forecast period is owing to the easy accessibility of raw materials. In addition to this, countries like the Philippines, Thailand, and Indonesia are key manufacturers of the coconut sugar and have contributed nearly 80% of the overall production of coconut sugar over the last few decades. Apart from this, these countries export the product in large quantities to the U.S., New Zealand, Canada, South Africa, Australia, and France. All these aforementioned factors will steer the market growth over the forecast period.

Key players profiled in the coconut sugar market are The Coconut Company Ltd., Franklin Baker, Los Ricos Compania Corporation, Tree Life, Holos Integra, American Key Food Products, Tradin Organic, Activa Enterprises Ventures Inc., Coco sugar, Cook Organic Foods LLP, and Bigtreefarms.

The report segments the global coconut sugar market as follows:

By Nutritional Components

	Minerals
	
		Potassium
		Calcium
		Iron
		Zinc
		Phosphorus
	
	
	Vitamin C
	Phytonutrients
	
		Anthocyanidin
		Antioxidants
		Flavonoids
		Polyphenols
	
	

By Industry Application

	Bakery
	Confectionary
	
		Cakes
		Chocolates
		Brownies
	
	
	Beverages
	
		Tea
		Juice
	
	
	Food Seasoner
	Personal Care

By Region

	North America
	
		The U.S.
		Canada
	
	
	Europe
	
		France
		The UK
		Spain
		Germany
		Italy
		Rest of Europe
	
	
	Asia Pacific
	
		China
		Japan
		India
		South Korea
		Southeast Asia
		Rest of Asia Pacific
	
	
	Latin America
	
		Brazil
		Mexico
		Rest of Latin America
	
	
	Middle East & Africa
	
		GCC
		South Africa
		Rest of Middle East & Africa