The Latin America, Middle East and Africa Coconut Sugar Market would witness market growth of 8.8% CAGR during the forecast period (2022-2028).
Coconut sugar has grown in popularity as a sugar alternative due to its flavor and purported health benefits. The growing acceptance of a healthy lifestyle drives consumer spending on coconut sugar. Coconut sugar is a well-liked option among food manufacturers because of its distinctive features and rising availability. In addition, the food sector uses coconut sugar as a healthier ingredient in processed meals like chocolate and sweets. This trend is likely to increase demand for coconut sugar throughout the course of the projected timeframe.
To begin making coconut sugar, farmers "tap" the flower bud stem of the coconut tree by severing its spadix. After that, the sap inside runs into underground containers where it is gathered. Next, the harvested juice is moved into large vessels, cooked to a moderate temperature to remove any excess water, and then thickened into syrup.
Brazil has a thriving market for men's cosmetics and robust cosmetics sales for women. The cutting-edge goods of the major companies were still driving cosmetics sales. Several national businesses are focusing on novel formulas and packaging for cosmetics products. Brazilian cosmetics are well-known over the globe for their cutting-edge attributes in a variety of categories. One way to stand out and attract new customers is by using components from various backgrounds.
A more comprehensive strategy is being used in the United Arab Emirates as society's views on beauty change. This mindset is common among millennials and Generation Y individuals. Another development in the organic and natural goods is the rise in acceptance of "skin care as health." This is leading to increased interest in anti-aging and anti-stress goods. Given this, there will be greater demand for coconut sugar for cosmetics & personal care products.
The Brazil market dominated the LAMEA Coconut Sugar Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,851.3 Thousands by 2028. The Argentina market is registering a CAGR of 9.4% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 8.5% during (2022 - 2028).
Based on Sales Channel, the market is segmented into Business to Business, Specialty Stores, Hypermarkets and E-Commerce. Based on Application, the market is segmented into Personal Care, Cosmetics and Food & Beverage. Based on Form, the market is segmented into Conventional and Organic. Based on End User, the market is segmented into Commercial and Residential. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Coconut Sugar Market is Predict to reach $290.1 Million by 2028, at a CAGR of 5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nutiva, Inc., NOW Foods, Inc., The Coconut Company (UK) Ltd., The Divine Foods, Groovy Food Company Ltd., Coco Sugar Indonesia, Big Tree Farms, Inc., Madhava, Ltd., AGRIM PTE Ltd., and Tradin Organic Agriculture B.V. (SunOpta group of companies).
Scope of the Study
Market Segments Covered in the Report:
By Sales Channel
- Business to Business
- Specialty Stores
- Hypermarkets
- E-Commerce
By Application
- Personal Care
- Cosmetics
- Food & Beverage
By Form
By End User
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Nutiva, Inc.
- NOW Foods, Inc.
- The Coconut Company (UK) Ltd.
- The Divine Foods
- Groovy Food Company Ltd.
- Coco Sugar Indonesia
- Big Tree Farms, Inc.
- Madhava, Ltd.
- AGRIM PTE Ltd.
- Tradin Organic Agriculture B.V. (SunOpta group of companies)
TABLE 1 LAMEA Coconut Sugar Market, 2018 - 2021, USD Thousands
TABLE 2 LAMEA Coconut Sugar Market, 2022 - 2028, USD Thousands
TABLE 3 LAMEA Coconut Sugar Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 4 LAMEA Coconut Sugar Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 5 LAMEA Business to Business Market by Country, 2018 - 2021, USD Thousands
TABLE 6 LAMEA Business to Business Market by Country, 2022 - 2028, USD Thousands
TABLE 7 LAMEA Specialty Stores Market by Country, 2018 - 2021, USD Thousands
TABLE 8 LAMEA Specialty Stores Market by Country, 2022 - 2028, USD Thousands
TABLE 9 LAMEA Hypermarkets Market by Country, 2018 - 2021, USD Thousands
TABLE 10 LAMEA Hypermarkets Market by Country, 2022 - 2028, USD Thousands
TABLE 11 LAMEA E-Commerce Market by Country, 2018 - 2021, USD Thousands
TABLE 12 LAMEA E-Commerce Market by Country, 2022 - 2028, USD Thousands
TABLE 13 LAMEA Coconut Sugar Market by Application, 2018 - 2021, USD Thousands
TABLE 14 LAMEA Coconut Sugar Market by Application, 2022 - 2028, USD Thousands
TABLE 15 LAMEA Personal Care Market by Country, 2018 - 2021, USD Thousands
TABLE 16 LAMEA Personal Care Market by Country, 2022 - 2028, USD Thousands
TABLE 17 LAMEA Cosmetics Market by Country, 2018 - 2021, USD Thousands
TABLE 18 LAMEA Cosmetics Market by Country, 2022 - 2028, USD Thousands
TABLE 19 LAMEA Food & Beverage Market by Country, 2018 - 2021, USD Thousands
TABLE 20 LAMEA Food & Beverage Market by Country, 2022 - 2028, USD Thousands
TABLE 21 LAMEA Coconut Sugar Market by Form, 2018 - 2021, USD Thousands
TABLE 22 LAMEA Coconut Sugar Market by Form, 2022 - 2028, USD Thousands
TABLE 23 LAMEA Conventional Market by Country, 2018 - 2021, USD Thousands
TABLE 24 LAMEA Conventional Market by Country, 2022 - 2028, USD Thousands
TABLE 25 LAMEA Organic Market by Country, 2018 - 2021, USD Thousands
TABLE 26 LAMEA Organic Market by Country, 2022 - 2028, USD Thousands
TABLE 27 LAMEA Coconut Sugar Market by End User, 2018 - 2021, USD Thousands
TABLE 28 LAMEA Coconut Sugar Market by End User, 2022 - 2028, USD Thousands
TABLE 29 LAMEA Commercial Market by Country, 2018 - 2021, USD Thousands
TABLE 30 LAMEA Commercial Market by Country, 2022 - 2028, USD Thousands
TABLE 31 LAMEA Residential Market by Country, 2018 - 2021, USD Thousands
TABLE 32 LAMEA Residential Market by Country, 2022 - 2028, USD Thousands
TABLE 33 LAMEA Coconut Sugar Market by Country, 2018 - 2021, USD Thousands
TABLE 34 LAMEA Coconut Sugar Market by Country, 2022 - 2028, USD Thousands
TABLE 35 Brazil Coconut Sugar Market, 2018 - 2021, USD Thousands
TABLE 36 Brazil Coconut Sugar Market, 2022 - 2028, USD Thousands
TABLE 37 Brazil Coconut Sugar Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 38 Brazil Coconut Sugar Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 39 Brazil Coconut Sugar Market by Application, 2018 - 2021, USD Thousands
TABLE 40 Brazil Coconut Sugar Market by Application, 2022 - 2028, USD Thousands
TABLE 41 Brazil Coconut Sugar Market by Form, 2018 - 2021, USD Thousands
TABLE 42 Brazil Coconut Sugar Market by Form, 2022 - 2028, USD Thousands
TABLE 43 Brazil Coconut Sugar Market by End User, 2018 - 2021, USD Thousands
TABLE 44 Brazil Coconut Sugar Market by End User, 2022 - 2028, USD Thousands
TABLE 45 Argentina Coconut Sugar Market, 2018 - 2021, USD Thousands
TABLE 46 Argentina Coconut Sugar Market, 2022 - 2028, USD Thousands
TABLE 47 Argentina Coconut Sugar Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 48 Argentina Coconut Sugar Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 49 Argentina Coconut Sugar Market by Application, 2018 - 2021, USD Thousands
TABLE 50 Argentina Coconut Sugar Market by Application, 2022 - 2028, USD Thousands
TABLE 51 Argentina Coconut Sugar Market by Form, 2018 - 2021, USD Thousands
TABLE 52 Argentina Coconut Sugar Market by Form, 2022 - 2028, USD Thousands
TABLE 53 Argentina Coconut Sugar Market by End User, 2018 - 2021, USD Thousands
TABLE 54 Argentina Coconut Sugar Market by End User, 2022 - 2028, USD Thousands
TABLE 55 UAE Coconut Sugar Market, 2018 - 2021, USD Thousands
TABLE 56 UAE Coconut Sugar Market, 2022 - 2028, USD Thousands
TABLE 57 UAE Coconut Sugar Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 58 UAE Coconut Sugar Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 59 UAE Coconut Sugar Market by Application, 2018 - 2021, USD Thousands
TABLE 60 UAE Coconut Sugar Market by Application, 2022 - 2028, USD Thousands
TABLE 61 UAE Coconut Sugar Market by Form, 2018 - 2021, USD Thousands
TABLE 62 UAE Coconut Sugar Market by Form, 2022 - 2028, USD Thousands
TABLE 63 UAE Coconut Sugar Market by End User, 2018 - 2021, USD Thousands
TABLE 64 UAE Coconut Sugar Market by End User, 2022 - 2028, USD Thousands
TABLE 65 Saudi Arabia Coconut Sugar Market, 2018 - 2021, USD Thousands
TABLE 66 Saudi Arabia Coconut Sugar Market, 2022 - 2028, USD Thousands
TABLE 67 Saudi Arabia Coconut Sugar Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 68 Saudi Arabia Coconut Sugar Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 69 Saudi Arabia Coconut Sugar Market by Application, 2018 - 2021, USD Thousands
TABLE 70 Saudi Arabia Coconut Sugar Market by Application, 2022 - 2028, USD Thousands
TABLE 71 Saudi Arabia Coconut Sugar Market by Form, 2018 - 2021, USD Thousands
TABLE 72 Saudi Arabia Coconut Sugar Market by Form, 2022 - 2028, USD Thousands
TABLE 73 Saudi Arabia Coconut Sugar Market by End User, 2018 - 2021, USD Thousands
TABLE 74 Saudi Arabia Coconut Sugar Market by End User, 2022 - 2028, USD Thousands
TABLE 75 South Africa Coconut Sugar Market, 2018 - 2021, USD Thousands
TABLE 76 South Africa Coconut Sugar Market, 2022 - 2028, USD Thousands
TABLE 77 South Africa Coconut Sugar Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 78 South Africa Coconut Sugar Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 79 South Africa Coconut Sugar Market by Application, 2018 - 2021, USD Thousands
TABLE 80 South Africa Coconut Sugar Market by Application, 2022 - 2028, USD Thousands
TABLE 81 South Africa Coconut Sugar Market by Form, 2018 - 2021, USD Thousands
TABLE 82 South Africa Coconut Sugar Market by Form, 2022 - 2028, USD Thousands
TABLE 83 South Africa Coconut Sugar Market by End User, 2018 - 2021, USD Thousands
TABLE 84 South Africa Coconut Sugar Market by End User, 2022 - 2028, USD Thousands
TABLE 85 Nigeria Coconut Sugar Market, 2018 - 2021, USD Thousands
TABLE 86 Nigeria Coconut Sugar Market, 2022 - 2028, USD Thousands
TABLE 87 Nigeria Coconut Sugar Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 88 Nigeria Coconut Sugar Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 89 Nigeria Coconut Sugar Market by Application, 2018 - 2021, USD Thousands
TABLE 90 Nigeria Coconut Sugar Market by Application, 2022 - 2028, USD Thousands
TABLE 91 Nigeria Coconut Sugar Market by Form, 2018 - 2021, USD Thousands
TABLE 92 Nigeria Coconut Sugar Market by Form, 2022 - 2028, USD Thousands
TABLE 93 Nigeria Coconut Sugar Market by End User, 2018 - 2021, USD Thousands
TABLE 94 Nigeria Coconut Sugar Market by End User, 2022 - 2028, USD Thousands
TABLE 95 Rest of LAMEA Coconut Sugar Market, 2018 - 2021, USD Thousands
TABLE 96 Rest of LAMEA Coconut Sugar Market, 2022 - 2028, USD Thousands
TABLE 97 Rest of LAMEA Coconut Sugar Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 98 Rest of LAMEA Coconut Sugar Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 99 Rest of LAMEA Coconut Sugar Market by Application, 2018 - 2021, USD Thousands
TABLE 100 Rest of LAMEA Coconut Sugar Market by Application, 2022 - 2028, USD Thousands
TABLE 101 Rest of LAMEA Coconut Sugar Market by Form, 2018 - 2021, USD Thousands
TABLE 102 Rest of LAMEA Coconut Sugar Market by Form, 2022 - 2028, USD Thousands
TABLE 103 Rest of LAMEA Coconut Sugar Market by End User, 2018 - 2021, USD Thousands
TABLE 104 Rest of LAMEA Coconut Sugar Market by End User, 2022 - 2028, USD Thousands
TABLE 105 Key Information – Nutiva, Inc.
TABLE 106 Key Information – NOW Foods, Inc.
TABLE 107 Key Information – The Coconut Company (UK) Ltd.
TABLE 108 Key Information – The Divine Foods
TABLE 109 Key Information – Groovy Food Company Ltd.
TABLE 110 Key Information – Coco Sugar Indonesia
TABLE 111 Key Information – Big Tree Farms, Inc.
TABLE 112 Key Information – Madhava, Ltd.
TABLE 113 Key Information – AGRIM Pte Ltd.
TABLE 114 Key Information – Tradin Organic Agriculture B.V.
List of Figures
FIG 1 Methodology for the research