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Global Coconut Nectar Syrup Market: By Nature: Organic, Conventional; By Application: Sweetening, Texturizing, Preservative, Flavouring, Others; By End Use: Food, Confectionery, Beverage, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments
Global Coconut Nectar Syrup Market Outlook
The global coconut nectar syrup market is being aided by the rising coconut syrup market, which reached a value of USD 167.99 million in 2020. The coconut syrup market is further expected to grow at a CAGR of 7.0% in the forecast period of 2021-2026.
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Increasing Product Demand in the Bakery and Confectionery Industries to Aid the Global Market for Coconut Nectar Syrup
The rising demand for coconut nectar syrup in the bakery and confectionary sectors is significantly contributing to the industry growth. It is utilised to add a sweet flavour to raw chocolates and provide smoothness to homemade desserts. As coconut nectar syrup is a great source of amino acids and vitamins, it is increasingly being preferred by the manufacturers to attract health-conscious people. The growing demand for natural sweeteners is aiding the industry growth. Based on nature, the organic segment is expected to witness a healthy growth over the forecast period owing to the growing shift towards a healthy lifestyle.
Region-wise, Europe and North America are expected to significantly contribute to the industry growth over the forecast period. The growing awareness regarding the benefits of coconut nectar syrup and its easy availability are aiding the industry growth in the regions.
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Coconut Nectar Syrup: Industry Definition and Segmentation
Coconut nectar is obtained by collecting, filtering, and boiling coconut flower sap, which is extracted from green coconut flower blossom. This nectar is rich in mineral and iron content, and thus, helps the body to regulate blood pressure. Being a natural fructose sweetener, coconut nectar syrup is an ideal replacement to normal sugars and other artificial sweeteners.
On the basis of nature, the market is bifurcated into:
- Organic
- Conventional
The various applications of coconut nectar syrup are:
- Sweetening
- Texturizing
- Preservative
- Flavouring
- Others
Based on end use sectors, the industry is segmented into:
- Food
- Confectionery
- Beverage
- Pharmaceuticals
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand for Natural Products and Growing Vegan Population to Boost the Demand for Coconut Nectar Syrup
The rising health awareness among consumers is driving the demand for natural and plant-based products over synthetic ones, which is aiding the growth of the coconut nectar syrup industry. The negative impact of artificial flavours and sweeteners on health is compelling the manufacturers to look for natural alternatives. This is further supported by the growing prevalence of diabetes. Moreover, with the growing vegan population, the demand for vegan food products has also increased, thus, pushing the growth of the coconut nectar syrup industry forward. As regular sugar is sometimes processed with the bone char from animals to obtain its white colour, coconut nectar syrup serves as a vegan alternative.
Owing to technological advancements and growing R&D activities, the product is expected to witness enhanced demand from various industries in the forecast period. The expanding applications of coconut nectar syrup and new product launches by the manufacturers are expected to create new opportunities for the market.
Key Industry Players in the Global Coconut Nectar Syrup Market
The report gives a detailed analysis of the following key players in the global coconut nectar syrup market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Davidsun Coconut Products
- Pure Coco.
- Superfood d.o.o
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Coconut Nectar Syrup Market Analysis
8.1 Key Industry Highlights
8.2 Global Coconut Nectar Syrup Historical Market (2016-2020)
8.3 Global Coconut Nectar Syrup Market Forecast (2021-2026)
8.4 Global Coconut Nectar Syrup Market by Nature
8.4.1 Organic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 Global Coconut Nectar Syrup Market by Application
8.5.1 Sweetening
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Texturizing
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Preservative
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Flavouring
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.5.5 Others
8.6 Global Coconut Nectar Syrup Market by End Use
8.6.1 Food
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Confectionery
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.6.3 Beverage
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2016-2020)
8.6.3.3 Forecast Trend (2021-2026)
8.6.4 Pharmaceuticals
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2016-2020)
8.6.4.3 Forecast Trend (2021-2026)
8.6.5 Others
8.7 Global Coconut Nectar Syrup Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.2 Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.3 Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.4 Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.5 Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Davidsun Coconut Products
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Pure Coco.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Superfood d.o.o
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Others
14 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Materials
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Figures and Tables
1. Global Coconut Nectar Syrup Market: Key Industry Highlights, 2016 and 2026
2. Global Coconut Nectar Syrup Historical Market: Breakup by Nature (USD Billion), 2016-2020
3. Global Coconut Nectar Syrup Market Forecast: Breakup by Nature (USD Billion), 2021-2026
4. Global Coconut Nectar Syrup Historical Market: Breakup by Application (USD Billion), 2016-2020
5. Global Coconut Nectar Syrup Market Forecast: Breakup by Application (USD Billion), 2021-2026
6. Global Coconut Nectar Syrup Historical Market: Breakup by End Use (USD Billion), 2016-2020
7. Global Coconut Nectar Syrup Market Forecast: Breakup by End Use (USD Billion), 2021-2026
8. Global Coconut Nectar Syrup Historical Market: Breakup by Region (USD Billion), 2016-2020
9. Global Coconut Nectar Syrup Market Forecast: Breakup by Region (USD Billion), 2021-2026
10. North America Coconut Nectar Syrup Historical Market: Breakup by Country (USD Billion), 2016-2020
11. North America Coconut Nectar Syrup Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Europe Coconut Nectar Syrup Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Europe Coconut Nectar Syrup Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Asia Pacific Coconut Nectar Syrup Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Asia Pacific Coconut Nectar Syrup Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Latin America Coconut Nectar Syrup Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Latin America Coconut Nectar Syrup Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Middle East and Africa Coconut Nectar Syrup Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Middle East and Africa Coconut Nectar Syrup Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. North America Historical Price Trends and Forecast 2016-2026
21. Europe Historical Price Trends and Forecast 2016-2026
22. Asia Pacific Historical Price Trends and Forecast 2016-2026
23. Latin America Historical Price Trends and Forecast 2016-2026
24. Middle East and Africa Historical Price Trends and Forecast 2016-2026
25. Global Coconut Nectar Syrup Market Structure
Key Questions Answered in the Report
The global coconut nectar syrup market is being driven by the growing coconut syrup market, which attained a value of nearly USD 167.99 million in 2020.
The coconut syrup market is projected to grow at a CAGR of 7.0% between 2021 and 2026 and is expected to continue to support the growth of the coconut nectar syrup industry.
The major drivers of the industry, such as rising disposable incomes, increasing health awareness, rising demand from the developed regions, increasing prevalence of diabetes, and growing demand for natural products, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the increasing demand for vegan products and expanding applications of coconut nectar syrup owing to R&D activities.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading nature segments in the market are organic and conventional.
The major application segments in the industry are sweetening, texturizing, preservative, and flavouring, among others.
The significant end use sectors in the market are food, confectionery, beverage, and pharmaceuticals, among others.
The major players in the industry are Davidsun Coconut Products, Pure Coco., and Superfood d.o.o, among others.
Analyst Review
The global coconut nectar syrup market is being driven by the growth of the coconut syrup market, which reached a value of USD 167.99 million in 2020. Aided by the growing R&D activities, the coconut syrup market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 7.0%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on nature, the market is divided into organic and conventional. On the basis of application, the industry segmented into sweetening, texturizing, preservative, and flavouring, among others. By end use, the industry is categorised into food, confectionery, beverage, and pharmaceuticals, among others. The major regional markets for coconut nectar syrup are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Davidsun Coconut Products, Pure Coco., and Superfood d.o.o, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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