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Global Coconut Sugar Market: By Nature: Organic, Conventional; By Type: Liquid, Powdered; By Application: Food and Beverage Industry, Cosmetics and Personal Care, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Coconut Sugar Market Outlook
The global coconut sugar market is likely to grow at a CAGR of about 6.89% in the forecast period of 2022-2027, driven by the increasing application in the food and beverage industry.
Asia Pacific and North America to be Significant Regional Markets for Coconut Sugar
Asia Pacific is expected to be one of the largest producers of coconut sugar owing to abundant raw material availability and a rise in disposable income. Due to the greater availability of raw materials, the region produces a lot of coconut sugar. With the increased demand in the international market, product prices are expected to rise over the forecast period. The rising prevalence of diabetes and the rapid advancement of technology will together contribute to the market's growth in the Asia Pacific region. The rapid rise in the food and beverage industry and cosmetics industry in countries including India, Korea, and China, is expected to positively impact the industry growth over the forecast period.
Over the forecast period, the market in North America is also expected to increase at a significant rate. This is due to the presence of major food companies, like Tyson Foods and PepsiCo and the rising health issues, like obesity and diabetes in the region due to unhealthy or inadequate eating habits. The increase in snack consumption and snacking between the meal trends rise in organic and clean-label food consumption trends, especially in the United States, has increased the sales performance of coconut sugar, therefore anticipated to drive the regional market growth.
Market Segmentations
Coconut sugar is a natural sugar made from the sap of the coconut palm tree, and it contains a large amount of zinc, iron, magnesium, and potassium. They are commonly used in sweeteners and as a table sugar substitute and are especially good for people who have blood sugar problems.
By nature, the market includes:
- Organic
- Conventional
Based on type, the market is segmented into:
- Liquid
- Powdered
The significant applications of the market are:
- Food and Beverage Industry
- Cosmetics and Personal Care
- Others
The regional markets for the coconut sugar industry can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
Increasing Application in the Food and Beverage Industry Augmenting the Market Growth
The global market is predicted to increase significantly with the expanding use of coconut sugar in the food and beverage industry. Over the forecast period, rising demand for the product to substitute traditional sweeteners, such as cane sugar, is expected to drive industry growth. Compared to cane sugar and honey, the product has a lower glycemic index, which means it lowers the possibility of rising blood sugar levels. Over the next few years, rising demand for it to replace cane sugar in beverages like tea and coffee is likely to open new opportunities for the business. Increasing demand for the product for the manufacturing of various skin care products, such as body scrubs, shaving gels, and face and body creams, is anticipated to drive market growth over the projected period. In addition, the growth of the FMCG industry coupled with growing consumer demand for herbal skin and hair care products is expected to impact the growth positively. Also, the rising prevalence of diabetes, especially among the middle-aged population, is expected to increase the demand for coconut sugar over the projected period. Growing consumer awareness of health and rising demand for plant-derived products is likely to positively impact industry growth.
Key Players in the Global Coconut Sugar Market
The report gives a detailed analysis of the following key players in the global coconut sugar industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- The Coconut Company
- Big Tree Farms
- PT. Coco Sugar Indonesia.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2021 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Nature |
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Coconut Sugar Market Analysis
8.1 Key Industry Highlights
8.2 Global Coconut Sugar Historical Market (2017-2021)
8.3 Global Coconut Sugar Market Forecast (2022-2027)
8.4 Global Coconut Sugar Market by Nature
8.4.1 Organic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Coconut Sugar Market by Type
8.5.1 Liquid
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Powdered
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.6 Global Coconut Sugar Market by Application
8.6.1 Food and Beverage Industry
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Cosmetics and Personal Care
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Others
8.7 Global Coconut Sugar 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 (2017-2021)
9.1.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.2.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.3.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.4.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.5.2 Forecast Trend (2022-2027)
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 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 The Coconut Company
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 Big Tree Farms
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 PT. Coco Sugar Indonesia.
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
List of Figures and Tables
1. Global Coconut Sugar Market: Key Industry Highlights, 2017 and 2027
2. Global Coconut Sugar Historical Market: Breakup by Nature (USD Million), 2017-2021
3. Global Coconut Sugar Market Forecast: Breakup by Nature (USD Million), 2022-2027
4. Global Coconut Sugar Historical Market: Breakup by Type (USD Million), 2017-2021
5. Global Coconut Sugar Market Forecast: Breakup by Type (USD Million), 2022-2027
6. Global Coconut Sugar Historical Market: Breakup by Application (USD Million), 2017-2021
7. Global Coconut Sugar Market Forecast: Breakup by Application (USD Million), 2022-2027
8. Global Coconut Sugar Historical Market: Breakup by Region (USD Million), 2017-2021
9. Global Coconut Sugar Market Forecast: Breakup by Region (USD Million), 2022-2027
10. North America Coconut Sugar Historical Market: Breakup by Country (USD Million), 2017-2021
11. North America Coconut Sugar Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Europe Coconut Sugar Historical Market: Breakup by Country (USD Million), 2017-2021
13. Europe Coconut Sugar Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Asia Pacific Coconut Sugar Historical Market: Breakup by Country (USD Million), 2017-2021
15. Asia Pacific Coconut Sugar Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Latin America Coconut Sugar Historical Market: Breakup by Country (USD Million), 2017-2021
17. Latin America Coconut Sugar Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Middle East and Africa Coconut Sugar Historical Market: Breakup by Country (USD Million), 2017-2021
19. Middle East and Africa Coconut Sugar Market Forecast: Breakup by Country (USD Million), 2022-2027
20. Global Coconut Sugar Market Structure
Key Questions Answered in the Report
The global coconut sugar market is projected to grow at a CAGR of 6.89% between 2022 and 2027.
The major drivers of the market include the increase in snack consumption, rise in organic and clean-label food consumption trends, rising demand for it to replace cane sugar in beverages, growing consumer demand for herbal skin and hair care products, rising prevalence of diabetes, and growing consumer awareness of health.
The expanding use of coconut sugar in the food and beverage industry and the increasing demand for the product for the manufacturing of various skincare products are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Based on nature, the market can be segmented into organic and conventional.
The different types of coconut sugars in the market are liquid and powdered.
The significant applications of the market are the food and beverage industry, cosmetics and personal care, among others.
The major players in the industry are The Coconut Company, Big Tree Farms, and PT. Coco Sugar Indonesia., among others.
Analyst Review
The global coconut sugar market was driven by the expanding use of coconut sugar in the food and beverage industry in the historical period. Aided by the rising prevalence of diabetes and increasing demand for the product for the manufacturing of various skin care products, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 6.89%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on nature, the market can be segmented into organic and conventional. The different types of coconut sugars in the market are liquid and powdered. The significant applications of the market are the food and beverage industry, cosmetics and personal care, among others. The major regional markets for coconut sugar are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The key players in the coconut sugar market are The Coconut Company, Big Tree Farms, and PT. Coco Sugar Indonesia., 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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