With CAGR 14.1%, India Packaged Jaggery Market INR 122.1 Billion by 2028 | Industry Growth Report By IMARC Group

IMARC Group has recently released a new research study titled "India Packaged Jaggery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the India packaged jaggery market size reached INR 55.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 122.1 Billion by 2028, exhibiting a growth rate (CAGR) of 14.1% during 2023-2028.

Jaggery refers to an unrefined sugar product that is manufactured from a sugarcane plant. It is a rich source of calcium, magnesium, chlorine, betaine, phosphorus, folate, selenium, protein, potassium, protein, vitamins B12 and B6, and iron. It is widely available as sugarcane, palm, and coconut jaggery and is considered a healthier alternative to white sugar. It offers a great source of energy while reducing fatigue in the body. It assists in increasing blood hemoglobin levels and maintaining acid levels in the body, decreasing water retention, preventing anemia, lowering rheumatic afflictions, boosting immunity, and maintaining blood glucose. It also helps in liver detoxification and weight loss and is beneficial for diabetes. Besides this, jaggery prevents various respiratory problems and relieves the respiratory tract, lungs, food pipes, stomach, and intestines. It is also beneficial in relieving menstrual cramps and tackling symptoms of premenstrual syndrome (PMS), such as mood swings, irritability, stress, and food craving among women. As it is utilized with coconuts, peanuts, and condensed milk to make traditional desserts and candies, the demand for packaged jaggery is increasing in India.

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India Packaged Jaggery Market Trends and Drivers:

At present, the rising demand for packaged jaggery due to the increasing food hygiene and health consciousness among consumers represents one of the primary factors supporting the growth of the market in India. Besides this, the escalating demand for packaged jaggery due to the growing prevalence of diabetes, obesity, and cardiovascular diseases among individuals is offering a positive market outlook in the country.

Additionally, there is a rise in the demand for packaged jaggery, as it cures several urinary tract problems and reduces inflammation of the bladder among individuals. This, coupled with the increasing demand for packaged jaggery, as it boosts secretion of digestive enzymes and maintains the proper functioning of the digestive system, is propelling the growth of the market. Apart from this, various benefits offered by packaged jaggery, such as reduced fatigue and enhanced bone health, are offering lucrative growth opportunities to industry investors.

Moreover, the increasing demand for packaged jaggery in preparing several traditional dishes as a sweetener, flavoring agent, and color enhancer is propelling the growth of the market. In addition, the rising demand for packaged jaggery, as it promotes clear skin by correcting skin aberrations and delaying the problem of wrinkles and dark spots among individuals, is contributing to the growth of the market in India.

Furthermore, the increasing demand for packaged, clean labels, and organic jaggery among Indian consumers is strengthening the market growth in the country.

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India Packaged Jaggery Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Packaged Jaggery Companes:

24 Mantra Organic, A.K.S. Trading Corporations, B&B Organics, Desi Village Agro Foods India (P) Ltd, Dhampur Green, Geographical Indications Tagged World Premium Products Pvt Ltd, Maple Leaf Project, Miltop Exports, Nutriplato, Organic India Pvt Ltd (Fab India), Organic Tattva (Mehrotra Consumer Products Pvt.), Patanjali Ayurveda Limited, Sriveda Sattva Private Limited, Truefarm, Two Brothers Organic Farms and Vayam.

The report has segmented the market on the basis of region, product type, form, pack type, pack size and distribution channel.

Breakup by Product Type:
• Sugarcane Jaggery
• Palm Jaggery
• Coconut Jaggery

Breakup by Form:
• Powder/Granules
• Block
• Liquid

Breakup by Pack Type:
• Plastic Pouches
• Jars
• Others

Breakup by Pack Size:
• 500 gm
• 1000 gm
• 250 gm
• Others

Breakup by Distribution Channel:
• General Trade
• Modern Trade
• Online

Breakup by Region:
• North India
• West & Central India
• South India
• East India

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-packaged-jaggery-market

If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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