Organic Palm Sugar Market Research Report - Global Forecast till 2027

Organic Palm Sugar Market Global Research Report by Form (Block, Granule, and Liquid), Packaging Type (Bottles & Jars and Pouches), Distribution Channel (Store-Based and Non-Store-Based) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/F-B & N/2757-HCR | February 2021 | Region: Global | 110 pages         

Organic Palm Sugar Market

The Organic Palm Sugar Market is estimated to be USD 1230 million in 2028 and is projected to register a CAGR of 14.6% during the forecast period

Segmentation

By Form Block Granule Liquid
By Packaging Type Bottles & Jars Pouches
By Distribution Channel Store-Based
By Region North America Europe Asia-Pacific Row

Key Players

  • The Groovy Food Company Ltd. (UK)
  • Rabiah - Coconut Product (India)
  • Royal Pepper Company (US)
  • Midsona Deutschland GmbH (Germany)
  • Phalada Agro Research Foundations Private Limited (India)
  • Palm Nectar Organics (Indonesia)
  • Coco Sugar Indonesia (Indonesia)

Drivers

  • The increasing awareness
  • Sugar substitutes have also contributed significantly to the growth
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  Market Scenario The Organic Palm Sugar Market is estimated to be USD 630 million in 2018 and is projected to register a CAGR of 8.6% during the forecast period. Palm sugar is a sweetener that is produced from the sap present in the flower buds of palm trees. Palm sugar is a better alternative to the table sugar as it contains more health benefits owing to the presence of antioxidants, flavonoids, and polyphenols, among others. Palm sugar is generally produced without use of chemicals and is thus preferred over traditional ones. Organic palm sugars are being increasingly preferred globally due to high demand for organic products across the globe. The increasing awareness regarding the negative impact of table sugar on overall health and demand for sugar substitutes have also contributed significantly to the growth of the market. However, concentrated production of raw material and limited awareness regarding the benefits is the major restraining factor for the growth of the market. Segmentation The global organic palm sugar market has been segmented based on form, packaging type, distribution channel, and region. Based on form, the global market has been classified as block, granule, and liquid. Based on packaging type, the global market has been classified as bottles & jars and pouches. Based on distribution channel, the global market has been categorized as store-based and non-store-based. The store-based has been further classified as hypermarkets & supermarkets, convenience store, and others. The global market has been studied with regards to four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American organic palm sugar market has further been categorized as the US, Canada, and Mexico. The European organic palm sugar market has been divided into Germany, France, Italy, Spain, the UK, and the rest of Europe. The organic palm sugar industry in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The organic palm sugar industry in the rest of the world has been segmented into South America, the Middle East, and Africa.   Key Players The Groovy Food Company Ltd. (UK), Rabiah - Coconut Product (India), Royal Pepper Company (US), Midsona Deutschland GmbH (Germany), Phalada Agro Research Foundations Private Limited (India), Palm Nectar Organics (Indonesia), Coco Sugar Indonesia (Indonesia), Windmill Organics Limited-Biona (UK), Organic Wholefoods Limited (UK), and The Real Co Inc (US) are some of the key players in the global organic palm sugar market.   Regional Market Summary Global Organic Palm Sugar Market Share (%), by Region, 2018               Source: Secondary Source and MRFR Analysis Asia-Pacific is expected to dominate the organic palm sugar market during the forecast period. Palm sugars are traditionally been used in the region owing to high palm and coconut cultivation in the region. However, North America is anticipated to register the highest CAGR due to the changing lifestyle of people and growing demand for organic products in the region.   Global Organic Palm Sugar Market, by Form


  • Block

  • Granule

  • Liquid


Global Organic Palm Sugar Market, by Packaging type

  • Bottles & Jars

  • Pouches


Global Organic Palm Sugar Market, by Distribution Channel

  • Store-Based

    • Hypermarkets & Supermarkets

    • Convenience Stores

    • Others





  • Non-Store-Based


Global Organic Palm Sugar Market, by Region

  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience

  • Organic Palm Sugar manufacturers

  • Dealers and distributors

  • Raw material suppliers and distributors

  • Traders, exporters, and importers



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Frequently Asked Questions (FAQ) :

Organic palm sugar market is projected to grow at an 8.6% CAGR between 2019- 2024.

Asia Pacific is expected to dominate the organic palm sugar market.

Demand for organic products and need for sugar substitutes are the key factors driving the organic palm sugar market.

Limited awareness about its benefits and concentrated raw material production may limit the organic palm sugar market growth.

Key players profiled in the organic palm sugar market include The Real Co Inc (US), Organic Wholefoods Limited (UK), Windmill Organics Limited-Biona (UK), Coco Sugar Indonesia (Indonesia), Palm Nectar Organics (Indonesia), Phalada Agro Research Foundations Private Limited (India), Midsona Deutschland GmbH (Germany), Royal Pepper Company (US), Rabiah - Coconut Product (India), and The Groovy Food Company Ltd. (UK).