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 19, 2026 | Times of India | Tender coconut prices have risen sharply this summer due to limited supply, strong demand, and increasing transport costs linked to higher diesel prices. Retail prices
June 26, 2026 | vnExpress | Mangosteen prices in southern Vietnam have fallen to their lowest levels in years due to abundant harvests and increased market supply. Farmers are selling mangosteens for
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
May 14, 2026 | vnExpress |Vietnam is strengthening efforts to maintain dragon fruit exports to the EU as the bloc tightens food safety and pesticide residue regulations. Dragon fruit exports remain un
July 21, 2026 | Fruitnet | China’s 2026 pomelo export season has commenced with early shipments from Hainan and Yunnan, followed by increased supply from Fujian later in the season. Favorable weather
