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
July 30, 2026 | The Daily Star | Guava farmers in Bangladesh’s Nesarabad and Jhalakathi areas are receiving record prices this season as sharply reduced production creates a supply shortage. Premium g
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
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
May 28, 2026 | Thai PBS World | Rambutan growers in Thailand’s Trat Province are facing a severe price crisis, with farm-gate prices falling to as low as 6–8 baht/kg for the Si Thong variety and 16–17
