Organic Coconut Sugar Market Overview:
The global organic coconut sugar market can gain better market penetration with 5.98% CAGR and USD of 0.67 billion by 2032.
Coconut sugar can be described as a natural sweetener. This can be sourced from the cut flower buds that are found in coconut palm trees. If the coconut sugar is obtained by following organic methods then it can beat the normal table sugars in terms of health benefits. Organic coconut sugar is enriched with micronutrients like polyphenols, flavonoids, antioxidants, and others. Market Research Future (MRFR) claims that the potential of the market to outperform regular sugar can also count its impact on diabetic patients as a positive influencer. It can be used in the bakery industry as well, which is getting high traction in countries from North American and European regions. People growing aware of the product can also make sure that the organic coconut sugar market gains better percolation in the coming years.
The Asia-Pacific organic coconut sugar market is experiencing rapid growth, driven by the increasing popularity of coconut-based products in the region. Countries like Indonesia, the Philippines, and Thailand are major producers of organic coconut sugar, with consumers in these regions incorporating it into their traditional cuisines and beverages.
Competitive Landscape:
Companies making significant changes in the global organic coconut sugar market can be segmented on the basis of their intense market contribution and global market penetration through various strategies they are developing to solidify their own footsteps. These companies are Big Tree Farms (US), Coco Sugar Indonesia (Indonesia), PT Holos Integra (Indonesia), The Coconut Company Ltd. (UK), Saudi Food Ingredients Factory (Saudi Arabia)Los Ricos Compania Corporation (Philippines), Celebes Coconut Corporation (Philippines), Earth Circle Organics LLC (US), Tardo Filipinas Incorporated (Philippines), Ecobuddy Group (India), SunOpta Inc. (Canada), CV. India Sourcing (India), Madhava Ltd. (US), Coco Natura (Philippines), and Singabera, PT Mega Inovasi Organik (Indonesia). MRFR profiled them and tracked their recent moves to understand how well the market is placed.
Segmentation:
The global report covering organic coconut sugar market is based on a segmentation that includes form and distribution channels. These segments are further backed by various market data regarding volume-wise and value-based collections.
By form, the global market report on the organic coconut sugar claims an inclusion of powder, granular, and others. The powder segment is witnessing growth on a substantial scale.
By distribution channel, the market for organic coconut sugar can be established upon segments like store-based and non-store-based. The store-based segment is covered in detail and has grip over supermarkets & hypermarkets, convenience stores, and others. The supermarkets & hypermarkets segment has a better chance for growth due to its easy presentation of various brands under one section that creates better chance for choosing.
Industry News
In September 2019, Caveman Foods announced the launching of three new flavors under its brand Grain-Free Granola. All these types would contain organic coconut sugar to make them more appealing for people with a health concern.
Related Reports
Pea Starch Market Research Report - Forecast to 2030
Brown Rice Market Research Report - Forecast till 2027
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
