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
May 18, 2026 | Tuoi Tre News | Vietnam’s durian exports surged 230% in the first quarter of 2026, mainly driven by strong growth in frozen durian shipments, which achieved higher export prices than fr
March 27, 2026 | Radio Taiwan International | A farmer in Pingtung, Taiwan, has gained attention for producing unusually large wax apples weighing over one kilogram. The exceptional size and quality a
March 11, 2026 | HF Brasil | Papaya prices in northern Espírito Santo, Brazil, rose in early February due to reduced supply caused by heavy rainfall affecting flowering and harvests. Hawaii papaya pri
April 13, 2026 | Business Today | Indonesia plans to expand durian exports to China, with China acting as a key buyer to absorb rising production. The cooperation will begin with frozen durian exports
May 19, 2026 | Times of India | Tender coconut prices have risen sharply this summer due to limited supply, strong demand, and increasing transport costs linked to higher diesel prices. Retail prices
