Coconut sugar market to reach $408.7 million by 2031, growing at a 5.5% CAGR
June 13, 2024 | Newswires |
The coconut sugar market is expanding due to increasing demand for healthier sweeteners and sustainable products. Valued at $243.4 million in 2021, it's projected to reach $408.7 million by 2031, growing at a CAGR of 5.5%. Coconut sugar's lower glycemic index attracts health-conscious consumers managing blood sugar levels. Its medium-chain triglycerides (MCTs) offer benefits like improved weight management and cognitive function, appealing further due to lauric acid's antimicrobial properties.
In the coconut-based beverage sector, alternatives to dairy are favored by plant-based diets and vegan lifestyles, boosting coconut sugar and milk usage. Manufacturers innovate with flavors and nutritional enhancements, catering to gluten-free and organic preferences. Market segments include organic and conventional coconut sugar, with organic variants surging due to sustainable product interest. Commercially, industries like food, beverages, cosmetics, and personal care drive bulk purchases for formulation. While personal care products lead currently, cosmetics are poised for rapid growth, fueled by the demand for natural ingredients in skincare.
Read more
Viewed Articles
June 13, 2024 | Newswires | The coconut sugar market is expanding due to increasing demand for healthier sweeteners and sustainable products. Valued at $243.4 million in 2021, it's projected to re
Read More
October 03, 2026 | The Star | China is making progress in domestic durian cultivation as experimental orchards in Yunnan Province begin producing tree-ripened fruit after several years of trials. This
September 24, 2026 | Daily Tribune | The Philippines is expanding its tropical fruit export markets with trial shipments of fresh durian and mangosteen to Canada, supporting government efforts to dive
August 16, 2026 | Vietnam + | Vietnamese agricultural exporters are being urged to adapt proactively to increasingly diverse sanitary and phytosanitary (SPS) requirements in major markets. The EU is p
August 18, 2026 | Voice of Vietnam | Vietnam is accelerating efforts to expand overseas markets for passion fruit and pomelo as part of its strategy to increase agricultural export value. The US is ex
August 08 2026 | Manila Bulletin | The Philippines launched its first commercial export of fresh Carabao mangoes to Canada, shipping one metric ton by air to Vancouver on September 18. The shipment, c
