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
February 03, 2026 | The Take Out | The Philippines remained the world’s second-largest pineapple exporter for the third straight year in 2025, trailing only Costa Rica and ranking first in Asia, accor
December 11, 2025 | RRI.co.id | Indonesia is seeking to expand agricultural trade with Canada by promoting exports of tropical fruits following the signing of the Indonesia–Canada Comprehensive Econom
January 19, 2026 | The Nation |Thailand has registered “Wiang Kaen pomelo,” a signature fruit from Chiang Rai’s Ngao River basin, as the province’s ninth geographical indication (GI) product, accordin
January 21, 2026 | ABC News |Growers in Australia’s Northern Territory fear that allowing pomelo imports from Vietnam will undercut local prices and threaten biosecurity, particularly through the poss
February 26, 2026 | Taipei Representative Office in the EU and Belgium | Taiwan has received approval from the European Commission (DG SANTE) to export dragon fruit, jujubes, and lychees to the EU, ex
