According to study, “Global Organic Coconut Sugar Market Size study, by Form (Fine Powdered, Powdered, Crystal/Granular, Block Form, Liquid Syrup), by End User (Household, Foodservice, Food & Beverage Manufacturer, Personal care & cosmetics, Others), by Distribution Channel (Direct Sales, Retail Sales) and Regional Forecasts 2018-2025” some of the major companies that are currently working in the global organic coconut sugar market are Coco Sugar Indonesia, Madhava Natural Sweeteners, Coco Natura, Connecticut Coconut Company, IMC Organic Food Co., Holos Integra, Celebs Coconut Corporation, SunOpta, Bigtreefarms, PT Mega Inovasi Organik, The Coconut Company Ltd., Franklin Baker, CV. India Sourcing, Tree Life, Earth Circle Organics, Saudi Food Ingredients Factory, Los Ricos Compania Corporation, Coconut Secret ADON Exports, Treelife, Ecobuddy, Franklin Baker, Tardo Filipinas. These companies are investing in research & development (R&D) initiatives mainly to develop better & highest quality products by including organic & natural ingredients. This factor is probable to help them to penetrate the rising market and complete the growing demand.Coconut sugar is a natural which is prepared from sap of cut flower buds and the top leaves from the coconut palm trees. It is a delectable pure, unrefined alternative to processed sugar & artificial sweeteners. It is also assigned as palm sugar that is formed from the flowered bud of the coconut tree. It contains iron, calcium and zinc which can have many health benefits such as assisting in stronger bones development. It also helps in recovering from immune system by tracing of vitamin C in organic coconut sugar. Unlike other forms of sugar, coconut sugar has ingredients which done not take long for body to process. It delivers more energy to throughout the day.
Based on the form, the global organic coconut sugar market is segmented into powered, fine powdered, block form, crystal or granular and liquid syrup. Based on the nutrients, the market is segmented into phytonutrients, vitamins, minerals and others. Based on distribution channel, market is segmented into store based and non-store based. The store based distribution channel includes supermarkets & hypermarkets, food processing industries, specialty stores and others. Based on type of packaging, market is segmented into jars or bottles, pouches or sachets and corrugated boxes. Moreover based on the end use application, market is segmented into food service, personal care & cosmetics, household (baking, juice & tea), food & beverage manufacturer and others.
The organic coconut sugar is driven by reducing rising popularity Asian cuisine, followed by increasing the sugar level rise in the bloodstream, increasing lactose intolerant among people and increase in demand for dairy substitutes. Apart from benefits, some of the limiting factors are more labor intensive production processes and fluctuating prices of raw material.
Asia-Pacific accounted for the major share of total generating proceeds globally on an account of the constant growth in the cosmetic industry & food or beverage sector with the growing health conscious population. The European contributing the maximum share in the overall market share increase in disease among the aged population. Additionally, the changing consumer preferences for natural & fresh products are exported to support trade of the sugar in the North American region. In the upcoming years, it is expected that the organic coconut sugar market to grow owing to the increasing aging population.
For more information on the research report, refer to below link:
Ankur Gupta, Head Marketing & Communications