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
April 15, 2026 | Mundus Agri | The Iran conflict is expected to have lasting impacts on the coconut industry, particularly in Southeast Asia. Disruptions in the Strait of Hormuz have increased oil, fr
March 07, 202 | The Star | The ongoing conflict in Iran is disrupting Malaysian pineapple exports to the Middle East by affecting shipping routes and increasing logistics costs. While demand remains s
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
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
March 04, 2026 | Taiwan News | The United States has proposed new quarantine rules that could allow Taiwanese pineapples to enter the US market for the first time. The draft, published by the USDA, is
