Product Code: PM1266
The global coconut sugar market size is expected to reach USD 1.89 billion by 2030, according to a new study by Polaris Market Research. The report "Coconut Sugar Market Share, Size, Trends, Industry Analysis Report, By Type (Sucrose, Glucose, Fructose); By Form; By Application; By Nature; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market is being driven by factors such as rising diabetes and obesity rates and increased usage of such sweeteners in a variety of skin-care products like scrubs, body creams, and shaving gels. Due to its exfoliation and toxin-free qualities, which have aided in the growth of its market, coconut sugar is also used to make cosmetics and personal care items including body scrubs, lotions, creams, and others.
Additionally, it is anticipated that rising public knowledge of such sweetener benefits and the popularity of herbal skin and hair care products will pave the way for industry expansion. Further, according to the IDF (International Diabetes Federation), in 2019, the total adult population in the US with diabetes was 31.0 million, while in Canada was 2.8 million. The prevalence of diabetes in the US was 10.3% in 2010, which increased to 10.8% in 2019.
This prevalence is further projected to increase to 12.1% in 2030 and 12.8% in 2045. As the prevalence of diabetes increases across the globe, the demand for the industry is expected to rise significantly, thereby creating opportunities for the augmentation of the market over the forecast period.
Additionally, obesity affects around 19% of children and 42% of adults, increasing the risk for chronic diseases including diabetes, heart disease, and cancer. The estimated cost of obesity to the US healthcare system is $147 billion each year. The rising awareness among people for the herbal and natural benefits of these sweeteners for health is boosting industry growth. Thus, the demand has been rising rapidly across the globe.
Coconut Sugar Market Report Highlights
Organic Sugar segment is anticipated to grow at a significant CAGR rate over the forecast period due to its various health benefits.
The food and beverage industry accounted for a significant share of the global revenue share which is accelerated by Its being used in confectionery items like cakes, chocolates, and brownies as well as pastry items like biscuits. These can be used to sweeten tea, juice, or any other beverage. Additionally used as a flavoring for food.
North America is expected to grow at a significant CAGR over the projected period owing to its health benefits awareness among the people. The region's rising consumption of organic and clean-label foods, particularly in the US, has improved coconut sugar's sales performance.
The global sugar market is highly competitive owing to the existence of large market players with a global presence including Big Tree Farms, Celebes Coconut Corporation, Ecobuddy Group, Madhava Ltd., Saudi Food Ingredients Factory, SunOpta Inc., The Coconut Company Ltd., and Tardo Filipinas Incorporate.
Polaris Market Research has segmented the coconut sugar market report based on form, type, application, nature, and region:
Coconut Sugar, Type Outlook (Revenue - USD Billion, 2018 - 2030)
Coconut Sugar, Form Outlook (Revenue - USD Billion, 2018 - 2030)
Coconut Sugar, Nature Outlook (Revenue - USD Billion, 2018 - 2030)
Coconut Sugar, Application Outlook (Revenue - USD Billion, 2018 - 2030)
- Food & Beverage
- Bakery
- Confectionery
- Beverages
- Seasoning
- Cosmetics and Personal Care Products
Coconut Sugar, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
- North America
- U.S
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Coconut Sugar Market Insights
- 4.1. Coconut Sugar - Industry Snapshot
- 4.2. Coconut Sugar Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising demand for sweeteners owing to increasing consumer inclination towards natural products
- 4.2.1.2. Growing awareness regarding healthy foods and rising health-consciousness leading to consumers opting for preventive healthcare alternatives
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Growth in developments in the field of application of sweeteners across various industries, especially the food & beverage industry
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Coconut Sugar Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Coconut Sugar Market, by Application
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 5.3. Food & Beverage
- 5.3.1. Global Coconut Sugar Market, by Food & Beverage, by Region, 2018 - 2030 (USD Billion)
- 5.3.2. Bakery
- 5.3.2.1. Global Coconut Sugar Market, by Bakery, by Region, 2018 - 2030 (USD Billion)
- 5.3.3. Confectionery
- 5.3.3.1. Global Coconut Sugar Market, by Confectionery, by Region, 2018 - 2030 (USD Billion)
- 5.3.4. Beverages
- 5.3.4.1. Global Coconut Sugar Market, by Beverages, by Region, 2018 - 2030 (USD Billion)
- 5.3.5. Seasoning
- 5.3.5.1. Global Coconut Sugar Market, by Seasoning, by Region, 2018 - 2030 (USD Billion)
- 5.4. Cosmetics and Personal Care Products
- 5.4.1. Global Coconut Sugar Market, by Cosmetics and Personal Care Products, by Region, 2018 - 2030 (USD Billion)
6. Global Coconut Sugar Market, by Form
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 6.3. Granular
- 6.3.1. Global Coconut Sugar Market, by Granular, by Region, 2018 - 2030 (USD Billion)
- 6.4. Powdered
- 6.4.1. Global Coconut Sugar Market, by Powdered, by Region, 2018 - 2030 (USD Billion)
- 6.5. Liquid
- 6.5.1. Global Coconut Sugar Market, by Liquid, by Region, 2018 - 2030 (USD Billion)
7. Global Coconut Sugar Market, by Type
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 7.3. Sucrose
- 7.3.1. Global Coconut Sugar Market, by Sucrose, by Region, 2018 - 2030 (USD Billion)
- 7.4. Glucose
- 7.4.1. Global Coconut Sugar Market, by Glucose, by Region, 2018 - 2030 (USD Billion)
- 7.5. Fructose
- 7.5.1. Global Coconut Sugar Market, by Fructose, by Region, 2018 - 2030 (USD Billion)
8. Global Coconut Sugar Market, by Nature
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 8.3. Organic
- 8.3.1. Global Coconut Sugar Market, by Organic, by Region, 2018 - 2030 (USD Billion)
- 8.4. Conventional
- 8.4.1. Global Coconut Sugar Market, by Conventional, by Region, 2018 - 2030 (USD Billion)
9. Global Coconut Sugar Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Coconut Sugar Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 9.3. Coconut Sugar Market - North America
- 9.3.1. North America: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.3.2. North America: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.3.3. North America: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.3.4. North America: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.3.5. Coconut Sugar Market - U.S.
- 9.3.5.1. U.S.: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.3.5.2. U.S.: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.3.5.3. U.S.: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.3.5.4. U.S.: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.3.6. Coconut Sugar Market - Canada
- 9.3.6.1. Canada: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.3.6.2. Canada: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.3.6.3. Canada: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.3.6.4. Canada: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.4. Coconut Sugar Market - Europe
- 9.4.1. Europe: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.2. Europe: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.4.3. Europe: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.4. Europe: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.5. Coconut Sugar Market - UK
- 9.4.5.1. UK: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.5.2. UK: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.4.5.3. UK: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.5.4. UK: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.6. Coconut Sugar Market - France
- 9.4.6.1. France: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.6.2. France: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.4.6.3. France: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.6.4. France: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.7. Coconut Sugar Market - Germany
- 9.4.7.1. Germany: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.7.2. Germany: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.4.7.3. Germany: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.7.4. Germany: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.8. Coconut Sugar Market - Italy
- 9.4.8.1. Italy: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.8.2. Italy: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.4.8.3. Italy: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.8.4. Italy: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.9. Coconut Sugar Market - Spain
- 9.4.9.1. Spain: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.9.2. Spain: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.4.9.3. Spain: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.9.4. Spain: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.10. Coconut Sugar Market - Netherlands
- 9.4.10.1. Netherlands: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.10.2. Netherlands: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.4.10.3. Netherlands: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.10.4. Netherlands: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.11. Coconut Sugar Market - Russia
- 9.4.11.1. Russia: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.11.2. Russia.: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.4.11.3. Russia: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.11.4. Russia: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.5. Coconut Sugar Market - Asia Pacific
- 9.5.1. Asia Pacific: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.2. Asia Pacific: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.5.3. Asia Pacific: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.4. Asia Pacific: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.5. Coconut Sugar Market - China
- 9.5.5.1. China: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.5.2. China.: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.5.5.3. China: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.5.4. China: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.6. Coconut Sugar Market - India
- 9.5.6.1. India: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.6.2. India.: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.5.6.3. India: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.6.4. India: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.7. Coconut Sugar Market - Japan
- 9.5.7.1. Japan: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.7.2. Japan.: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.5.7.3. Japan: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.7.4. Japan: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.8. Coconut Sugar Market - Malaysia
- 9.5.8.1. Malaysia: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.8.2. Malaysia.: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.5.8.3. Malaysia: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.8.4. Malaysia: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.9. Coconut Sugar Market - Indonesia
- 9.5.9.1. Indonesia: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.9.2. Indonesia.: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.5.9.3. Indonesia: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.9.4. Indonesia: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.10. Coconut Sugar Market - South Korea
- 9.5.10.1. South Korea: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.10.2. South Korea.: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.5.10.3. South Korea: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.10.4. South Korea: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.6. Coconut Sugar Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.2. Middle East & Africa: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.6.3. Middle East & Africa: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.6.4. Middle East & Africa: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.6.5. Coconut Sugar Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.5.2. Saudi Arabia: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.6.5.3. Saudi Arabia: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.6.5.4. Saudi Arabia: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.6.6. Coconut Sugar Market - South Africa
- 9.6.6.1. South Africa: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.6.2. South Africa: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.6.6.3. South Africa: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.6.6.4. South Africa: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.6.7. Coconut Sugar Market - Israel
- 9.6.7.1. Israel: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.7.2. Israel: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.6.7.3. Israel: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.6.7.4. Israel: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.6.8. Coconut Sugar Market - UAE
- 9.6.8.1. UAE: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.8.2. UAE: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.6.8.3. UAE: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.6.8.4. UAE: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.7. Coconut Sugar Market - Latin America
- 9.7.1. Latin America: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.2. Latin America: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.7.3. Latin America: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.7.4. Latin America: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.7.5. Coconut Sugar Market - Mexico
- 9.7.5.1. Mexico: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.5.2. Mexico: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.7.5.3. Mexico: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.7.5.4. Mexico: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.7.6. Coconut Sugar Market - Brazil
- 9.7.6.1. Brazil: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.6.2. Brazil: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.7.6.3. Brazil: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.7.6.4. Brazil: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
- 9.7.7. Coconut Sugar Market - Argentina
- 9.7.7.1. Argentina: Coconut Sugar Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.7.2. Argentina: Coconut Sugar Market, by Nature, 2018 - 2030 (USD Billion)
- 9.7.7.3. Argentina: Coconut Sugar Market, by Form, 2018 - 2030 (USD Billion)
- 9.7.7.4. Argentina: Coconut Sugar Market, by Type, 2018 - 2030 (USD Billion)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. Big Tree Farms
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Cocoa Sugar Indonesia
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. Celebes Coconut Corporation
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Earth Circle Organics LLC
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. Ecobuddy Group
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. Los RicosCompania Corporation
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. Madhava Ltd
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. PT Holos Integra
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. PT Mega InovasiOrganik
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. Saudi Food Ingredients Factory
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
- 11.11. SunOpta Inc
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Recent Development
- 11.12. The Coconut Company Ltd
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Benchmarking
- 11.12.4. Recent Development
- 11.13. Tardo Filipinas Incorporated
- 11.13.1. Company Overview
- 11.13.2. Financial Performance
- 11.13.3. Product Benchmarking
- 11.13.4. Recent Development