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 30, 2025 | Daily Sun | Lychee has appeared in Bangladeshi markets with high prices due to limited supply, weather damage, and reduced demand amid COVID-19. Despite challenges, production is expect
June 06, 2025 | Morocco World News | Morocco has emerged as a major global avocado exporter, surpassing the 100,000-ton export mark for the first time. This milestone signals the country’s growing inf
May 09, 2025 | Fresh Fruit Portal | Taiwan recently rejected nearly 4,000 kg of U.S. avocados due to cadmium levels exceeding local safety standards. The rejected shipments, imported by Chiawei Enterp
May 05, 2025 | vnExpress | Vietnam’s durian exports to China have sharply declined due to stricter Chinese quarantine regulations and increasing competition from other countries. Export procedures tha
May 31, 2025 | Bangkok Post | In 2023, Thai fruit farmers benefited from soaring prices and strong exports, especially for durian and mangosteen. However, in 2024, fruit prices dropped sharply due to
