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
September 22, 2026 | ABC News | Australia has suspended imports of fresh pomelo from Vietnam for six months after biosecurity concerns were identified in imported consignments. The suspension comes on
July 14 2026 | Ushodaya Enterprises | Dragon fruit cultivation has expanded rapidly in Karnataka’s Davanagere district since its introduction in 2018, transforming the crop from a high-value specialty
October 14, 2026 | Taipei Times | Taiwanese pineapples are expected to enter the US market in 2027, following the announcement of import requirements by the US Animal and Plant Health Inspection Servi
August 19, 2026 | farmer’s weekly |South Africa’s emerging dragon fruit industry faced a difficult 2026 season due to adverse weather, limited local cultivation knowledge, unsuitable growing locations
October 15, 2026 | Manila Bulletin | The Philippines is seeking to expand agricultural trade with South Africa by securing market access for Philippine mango exports while reviewing import requirement
