Market Overview:
The global coconut sugar market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. Coconut sugar is made from the sap of coconut flowers and has a low glycemic index, which makes it a healthier alternative to other sweeteners. It also contains minerals such as potassium, magnesium, zinc, and iron. The food and beverage industry is the largest application segment for coconut sugar and is expected to grow at a CAGR of 7% during the forecast period. North America accounted for the largest share of the global coconut sugar market in 2017 owing to its large population base and rising demand for healthy alternatives to conventional sweeteners.
Product Definition:
Coconut sugar is a natural sweetener made from the sap of coconut trees. The sap is boiled down to create a thick syrup, which is then dried and ground into sugar crystals. Coconut sugar contains about 17% fructose and 2% glucose, making it a relatively low-glycemic sweetener. It also has a rich flavor that's similar to brown sugar or molasses.
Sucrose:
Coconut sugar is produced by dry processing of coconut sap and has a high concentration of minerals, vitamins, enzymes & amino acids. It contains approximately 50% more minerals than regular sugar. The product also contains many trace elements such as iron, zinc & magnesium along with various vitamins including B1 (thiamine), B2 (riboflavin), B3 (niacin) & B5 (pantothenic acid).
Glucose:
Glucose is a type of sugar that is found in plants and animals. It plays an important role in the photosynthesis process, which allows plants to absorb sunlight for energy. Glucose also provides food energy for organisms by being converted into starch through a process called hydrolysis. Coconut sugar does not contain any glucose because it is made from coconut sap instead of sugarcane or corn starch.
Application Insights:
Food and beverage industry was the largest application segment in 2016, accounting for over 70% of the total demand. The segment is expected to witness significant growth on account of increasing consumption of alcoholic and non-alcoholic beverages such as juices, soft drinks, coffee creamer, etc. In addition, it is used in various food products such as chocolates (sweetened or unsweetened), ice creams/desserts (both sweet & savory), cakes/pastries and cookies which are likely to propel market growth during the forecast period.
The personal care industry also plays a significant role in promoting coconut sugar due to its antibacterial properties that help prevent skin infections caused by bacteria harboring on the skin¢â‚¬â„¢s surface. It helps remove impurities from pores thereby making skin look younger than its actual age owing to its antioxidant properties that reduce free radicals present in human body leading to healthier looking skin with less wrinkles over time.
Regional Analysis:
Asia Pacific dominated the global coconut sugar market in 2017 with a revenue share of over 45%. The region is expected to witness significant growth in terms of consumption and production on account of rising demand from developing countries such as India, China, Thailand, Philippines and Indonesia. Coconut cultivation is also increasing due to its high yield which helps reduce dependency on imports. Moreover, favorable government policies are encouraging farmers to adopt coconut cultivation for producing products like copra oil and milk. These factors are anticipated to drive the APAC market over the forecast period.
The European market was valued at USD X million in 2017 owing to growing consumer awareness regarding health benefits associated with coconut sugar substitute products such as low calorie count and diabetic friendly properties thus driving industry growth over the forecast period from 2018 till 2030 8).
Growth Factors:
- Increasing demand for natural sweeteners: Coconut sugar is a natural sweetener and it has low glycemic index as compared to other artificial sweeteners. This is the key factor driving the growth of coconut sugar market.
- Rising awareness about the health benefits of coconut sugar: Coconut sugar has various health benefits such as it helps in weight loss, improves dental health, reduces blood pressure and maintains blood sugar levels etc. This is another major factor fuelling the growth of coconut sugar market.
- Growing popularity of vegan lifestyle: Coconut sugar is a vegan-friendly product and its popularity is growing among people who follow vegan lifestyle. This trend will help to fuel the growth of coconut sugar market in future years too.
Scope Of The Report
Report Attributes
Report Details
Report Title
Coconut Sugar Market Research Report
By Type
Sucrose, Glucose, Fructose
By Application
Food and Beverage Industry, Others
By Companies
Coco Sugar, Bigtreefarms, Treelife, Saudi Food Ingredients Factory, Holos Integra, Celebes Coconut, Earth Circle Organics, Los Ricos Compania, Ecobuddy, Franklin Baker, Coco Sugar, TARDO, Urmatt, SunOpta
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Coconut Sugar Market Report Segments:
The global Coconut Sugar market is segmented on the basis of:
Types
Sucrose, Glucose, Fructose
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Coco Sugar
- Bigtreefarms
- Treelife
- Saudi Food Ingredients Factory
- Holos Integra
- Celebes Coconut
- Earth Circle Organics
- Los Ricos Compania
- Ecobuddy
- Franklin Baker
- Coco Sugar
- TARDO
- Urmatt
- SunOpta
Highlights of The Coconut Sugar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sucrose
- Glucose
- Fructose
- By Application:
- Food and Beverage Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Coconut Sugar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Coconut sugar is a type of sugar that comes from coconuts. It is made by extracting the juice and oil from coconuts.
Some of the major players in the coconut sugar market are Coco Sugar, Bigtreefarms, Treelife, Saudi Food Ingredients Factory, Holos Integra, Celebes Coconut, Earth Circle Organics, Los Ricos Compania, Ecobuddy, Franklin Baker, Coco Sugar, TARDO, Urmatt, SunOpta.
The coconut sugar market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coconut Sugar Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Coconut Sugar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Coconut Sugar Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Coconut Sugar Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Coconut Sugar Market Size & Forecast, 2020-2028
4.5.1 Coconut Sugar Market Size and Y-o-Y Growth
4.5.2 Coconut Sugar Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Sucrose
5.2.2 Glucose
5.2.3 Fructose
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and Beverage Industry
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coconut Sugar Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Coconut Sugar Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Sucrose
9.6.2 Glucose
9.6.3 Fructose
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and Beverage Industry
9.10.2 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Sucrose
10.6.2 Glucose
10.6.3 Fructose
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and Beverage Industry
10.10.2 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Sucrose
11.6.2 Glucose
11.6.3 Fructose
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and Beverage Industry
11.10.2 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Sucrose
12.6.2 Glucose
12.6.3 Fructose
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and Beverage Industry
12.10.2 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Sucrose
13.6.2 Glucose
13.6.3 Fructose
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and Beverage Industry
13.10.2 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Coconut Sugar Market: Competitive Dashboard
14.2 Global Coconut Sugar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Coco Sugar
14.3.2 Bigtreefarms
14.3.3 Treelife
14.3.4 Saudi Food Ingredients Factory
14.3.5 Holos Integra
14.3.6 Celebes Coconut
14.3.7 Earth Circle Organics
14.3.8 Los Ricos Compania
14.3.9 Ecobuddy
14.3.10 Franklin Baker
14.3.11 Coco Sugar
14.3.12 TARDO
14.3.13 Urmatt
14.3.14 SunOpta
