Press release
Coconut Sugar Market Surges to $408.7 Million by 2031, Propelled by Health-Conscious Consumers and Vegan Trends.
According to a new report published by Allied Market Research, titled, "Coconut Sugar Market," The Coconut Sugar Market Size was valued at $243.40 million in 2021, and is estimated to reach $408.7 million by 2031, growing at a CAGR of 5.5% from 2022 to 2031.๐ ๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ https://www.alliedmarketresearch.com/request-sample/17327
One of the leading factors which influence the Coconut Sugar Market Growth include rise in coconut sugar and other coconut byproducts demand in the market due to its efficiency in combating multiple diseases. Coconut sugar has been consumed in many countries and is efficient in obliging in intestinal disorders, cancer, anemia, constipation, bone health, allergies, heart health, bacterial infections, night blindness, intoxication, sexual disorders, and other ailments.
The Health benefits of coconut sugar also include prevention of the bacterial growth. In addition, coconut sugar and coconut byproducts are also called medium-chain triglycerides (MCTs). These fatty acids are well-known to decrease the risk for heart disease and control blood cholesterol levels. Lauric acid, the main MCFAs in coconut, has excellent antibacterial, antiviral, antifungal, antimicrobial, and antioxidant properties also called medium-chain triglycerides (MCTs). These fatty acids are well-known to decrease the risk for heart disease and control blood cholesterol levels. Lauric acid, the main MCFAs in coconut, has excellent antibacterial, antiviral, antifungal, antimicrobial, and antioxidant properties.
The demand for coconut-based beverages has been growing in the past, owing to the growth of vegan and health-conscious consumers. These products are primarily prepared from ingredients such as coconut sugar and coconut milk. Players have Coconut Sugar Market Opportunities to manufacture coconut sugar and milk beverages such as refreshment drinks, energy drinks, and milkshakes with enhanced taste and flavor. A new flavor can be added to beverages which leads to product innovation. Food & beverage manufacturers have been investing in R&D to enhance the characteristics, taste, or nutritional value of coconut products and coconut-based food & beverage products. This helps gain consumer attraction with an increased Coconut Sugar Market demand. The new taste and flavor would join new consumers in the coming years.
๐ ๐๐๐ฅ๐ค ๐ญ๐จ ๐จ๐ฎ๐ซ ๐๐ฑ๐ฉ๐๐ซ๐ญ https://www.alliedmarketresearch.com/connect-to-analyst/17327
The coconut sugar market is segmented into form, end user, application, sales channel, and region. On the basis of form, the Coconut Sugar industry is categorized into organic coconut sugar and conventional coconut sugar. On the basis of end-user, the market is bifurcated into commercial and residential. On the basis of application, the market is categorized into food & beverage, cosmetic, and personal care products. Based on sales channel, it is fragmented into supermarket/hypermarket, specialty stores, online sales channels and business-to-business.
Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia, and the rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea Australia, Singapore, New Zealand, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, UAE, and rest of LAMEA).
๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ https://www.alliedmarketresearch.com/purchase-enquiry/17327
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๐By form, conventional coconut sugar is dominant around the globe as the production and availability is higher for this segment. However, organic segment is likely to be the fastest growing segment during the Coconut Sugar Market Forecast period.
๐By end user, the commercial segment dominated the market in 2021, with a CAGR of 5.2%.
๐Based on application, personal care segment dominated the global market in the year 2021 and is estimated to reach $256.9 million by 2031, with a CAGR of 4.8%. However, cosmetic segment is likely to be the fastest growing segment during the forecast period.
๐By distribution channel, the business-to-business segment held the maximum Coconut Sugar Market Share in 2021, with a CAGR of 5.2%. However, E-commerce is expected to be the fastest growing segment during the forecast period.
๐Region-wise, Asia-Pacific dominated the coconut sugar market in 2021, and with a CAGR of 5.6%.
๐ ๐๐๐ค๐ ๐ ๐๐ข๐ซ๐๐๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ https://www.alliedmarketresearch.com/checkout-final/8b4e06d67b8a9a7fc080049b5c9f7a20
The players operating in the global coconut sugar market have adopted various developmental strategies including but not limited to product launch, geographical expansion and acquisitions to increase their market share, gain profitability, and remain competitive in the market.
The key playersincluded in the Coconut Sugar Market Analysis are The :
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๐๐จ๐ง๐ญ๐๐๐ญ
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Executive Summary
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Coconut Cream in these regions, from 2012 to 2023 (forecast), covering
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India andโฆ