The North America Coconut Sugar Market would witness market growth of 4.4% CAGR during the forecast period (2022-2028).
The acceptability of vegan cuisine is the most current trend among individuals. Due to the fact that it's a vegan product, coconut sugar has recently seen an increase in demand. A significant section of the population is becoming more obese or diabetic, which has increased the demand for sugar substitutes and is expected to drive the growth of the coconut sugar market. As a result of growing awareness of coconut sugar's health advantages, the market for coconut sugar has undergone growth.
The demand for sugar-free content in end-user sectors, including food, beverage, bakeries, or confectioneries, has opened up new growth potential. In addition, there are more coconut palm plantations as a result of the many expansion options. As a result, consumers in developing countries are spending more money on personal care, cosmetics, and healthy food products, which could eventually result in significant market growth for coconut sugar.
The demand for sweets and beverages in North America is anticipated to rise as a result of the hectic lifestyle, fast urbanization, and growing retail and hospitality sectors. Foods and beverages with organic ingredients are becoming more popular in the US as a result of consumer desire for a plant-based diet along with their willingness to pay more for goods with clean labeling. The region's high level of spending power, which is also boosting the expansion of the local hotel industry and the regional economy, is driving an increase in demand for an affluent lifestyle. All of this is expected to support the market expansion for coconut sugar.
The US market dominated the North America Coconut Sugar Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $48,465.7 Thousands by 2028. The Canada market is experiencing a CAGR of 6.8% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 5.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Coconut Sugar Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Coconut Sugar Market, by Sales Channel
1.4.2 North America Coconut Sugar Market, by Application
1.4.3 North America Coconut Sugar Market, by Form
1.4.4 North America Coconut Sugar Market, by End User
1.4.5 North America Coconut Sugar Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Coconut Sugar Market by Sales Channel
3.1 North America Business to Business Market by Country
3.2 North America Specialty Stores Market by Country
3.3 North America Hypermarkets Market by Country
3.4 North America E-Commerce Market by Country
Chapter 4. North America Coconut Sugar Market by Application
4.1 North America Personal Care Market by Country
4.2 North America Cosmetics Market by Country
4.3 North America Food & Beverage Market by Country
Chapter 5. North America Coconut Sugar Market by Form
5.1 North America Conventional Market by Country
5.2 North America Organic Market by Country
Chapter 6. North America Coconut Sugar Market by End User
6.1 North America Commercial Market by Country
6.2 North America Residential Market by Country
Chapter 7. North America Coconut Sugar Market by Country
7.1 US Coconut Sugar Market
7.1.1 US Coconut Sugar Market by Sales Channel
7.1.2 US Coconut Sugar Market by Application
7.1.3 US Coconut Sugar Market by Form
7.1.4 US Coconut Sugar Market by End User
7.2 Canada Coconut Sugar Market
7.2.1 Canada Coconut Sugar Market by Sales Channel
7.2.2 Canada Coconut Sugar Market by Application
7.2.3 Canada Coconut Sugar Market by Form
7.2.4 Canada Coconut Sugar Market by End User
7.3 Mexico Coconut Sugar Market
7.3.1 Mexico Coconut Sugar Market by Sales Channel
7.3.2 Mexico Coconut Sugar Market by Application
7.3.3 Mexico Coconut Sugar Market by Form
7.3.4 Mexico Coconut Sugar Market by End User
7.4 Rest of North America Coconut Sugar Market
7.4.1 Rest of North America Coconut Sugar Market by Sales Channel
7.4.2 Rest of North America Coconut Sugar Market by Application
7.4.3 Rest of North America Coconut Sugar Market by Form
7.4.4 Rest of North America Coconut Sugar Market by End User
Chapter 8. Company Profiles
8.1 Nutiva, Inc.
8.1.1 Company Overview
8.1.2 Recent Strategies and Developments:
8.1.2.1 Acquisitions and Mergers:
8.2 NOW Foods, Inc.
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Acquisition and Mergers:
8.3 The Coconut Company (UK) Ltd.
8.3.1 Company Overview
8.4 The Divine Foods
8.4.1 Company Overview
8.5 Groovy Food Company Ltd.
8.5.1 Company Overview
8.6 Coco Sugar Indonesia
8.6.1 Company Overview
8.7 Big Tree Farms, Inc.
8.7.1 Company Overview
8.8 Madhava, Ltd.
8.8.1 Company Overview
8.9 AGRIM PTE Ltd.
8.9.1 Company Overview
8.10. Tradin Organic Agriculture B.V. (SunOpta group of companies)
8.10.1 Company Overview
TABLE 1 North America Coconut Sugar Market, 2018 - 2021, USD Thousands
TABLE 2 North America Coconut Sugar Market, 2022 - 2028, USD Thousands
TABLE 3 North America Coconut Sugar Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 4 North America Coconut Sugar Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 5 North America Business to Business Market by Country, 2018 - 2021, USD Thousands
TABLE 6 North America Business to Business Market by Country, 2022 - 2028, USD Thousands
TABLE 7 North America Specialty Stores Market by Country, 2018 - 2021, USD Thousands
TABLE 8 North America Specialty Stores Market by Country, 2022 - 2028, USD Thousands
TABLE 9 North America Hypermarkets Market by Country, 2018 - 2021, USD Thousands
TABLE 10 North America Hypermarkets Market by Country, 2022 - 2028, USD Thousands
TABLE 11 North America E-Commerce Market by Country, 2018 - 2021, USD Thousands
TABLE 12 North America E-Commerce Market by Country, 2022 - 2028, USD Thousands
TABLE 13 North America Coconut Sugar Market by Application, 2018 - 2021, USD Thousands
TABLE 14 North America Coconut Sugar Market by Application, 2022 - 2028, USD Thousands
TABLE 15 North America Personal Care Market by Country, 2018 - 2021, USD Thousands
TABLE 16 North America Personal Care Market by Country, 2022 - 2028, USD Thousands
TABLE 17 North America Cosmetics Market by Country, 2018 - 2021, USD Thousands
TABLE 18 North America Cosmetics Market by Country, 2022 - 2028, USD Thousands
TABLE 19 North America Food & Beverage Market by Country, 2018 - 2021, USD Thousands
TABLE 20 North America Food & Beverage Market by Country, 2022 - 2028, USD Thousands
TABLE 21 North America Coconut Sugar Market by Form, 2018 - 2021, USD Thousands
TABLE 22 North America Coconut Sugar Market by Form, 2022 - 2028, USD Thousands
TABLE 23 North America Conventional Market by Country, 2018 - 2021, USD Thousands
TABLE 24 North America Conventional Market by Country, 2022 - 2028, USD Thousands
TABLE 25 North America Organic Market by Country, 2018 - 2021, USD Thousands
TABLE 26 North America Organic Market by Country, 2022 - 2028, USD Thousands
TABLE 27 North America Coconut Sugar Market by End User, 2018 - 2021, USD Thousands
TABLE 28 North America Coconut Sugar Market by End User, 2022 - 2028, USD Thousands
TABLE 29 North America Commercial Market by Country, 2018 - 2021, USD Thousands
TABLE 30 North America Commercial Market by Country, 2022 - 2028, USD Thousands
TABLE 31 North America Residential Market by Country, 2018 - 2021, USD Thousands
TABLE 32 North America Residential Market by Country, 2022 - 2028, USD Thousands
TABLE 33 North America Coconut Sugar Market by Country, 2018 - 2021, USD Thousands
TABLE 34 North America Coconut Sugar Market by Country, 2022 - 2028, USD Thousands
TABLE 35 US Coconut Sugar Market, 2018 - 2021, USD Thousands
TABLE 36 US Coconut Sugar Market, 2022 - 2028, USD Thousands
TABLE 37 US Coconut Sugar Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 38 US Coconut Sugar Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 39 US Coconut Sugar Market by Application, 2018 - 2021, USD Thousands
TABLE 40 US Coconut Sugar Market by Application, 2022 - 2028, USD Thousands
TABLE 41 US Coconut Sugar Market by Form, 2018 - 2021, USD Thousands
TABLE 42 US Coconut Sugar Market by Form, 2022 - 2028, USD Thousands
TABLE 43 US Coconut Sugar Market by End User, 2018 - 2021, USD Thousands
TABLE 44 US Coconut Sugar Market by End User, 2022 - 2028, USD Thousands
TABLE 45 Canada Coconut Sugar Market, 2018 - 2021, USD Thousands
TABLE 46 Canada Coconut Sugar Market, 2022 - 2028, USD Thousands
TABLE 47 Canada Coconut Sugar Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 48 Canada Coconut Sugar Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 49 Canada Coconut Sugar Market by Application, 2018 - 2021, USD Thousands
TABLE 50 Canada Coconut Sugar Market by Application, 2022 - 2028, USD Thousands
TABLE 51 Canada Coconut Sugar Market by Form, 2018 - 2021, USD Thousands
TABLE 52 Canada Coconut Sugar Market by Form, 2022 - 2028, USD Thousands
TABLE 53 Canada Coconut Sugar Market by End User, 2018 - 2021, USD Thousands
TABLE 54 Canada Coconut Sugar Market by End User, 2022 - 2028, USD Thousands
TABLE 55 Mexico Coconut Sugar Market, 2018 - 2021, USD Thousands
TABLE 56 Mexico Coconut Sugar Market, 2022 - 2028, USD Thousands
TABLE 57 Mexico Coconut Sugar Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 58 Mexico Coconut Sugar Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 59 Mexico Coconut Sugar Market by Application, 2018 - 2021, USD Thousands
TABLE 60 Mexico Coconut Sugar Market by Application, 2022 - 2028, USD Thousands
TABLE 61 Mexico Coconut Sugar Market by Form, 2018 - 2021, USD Thousands
TABLE 62 Mexico Coconut Sugar Market by Form, 2022 - 2028, USD Thousands
TABLE 63 Mexico Coconut Sugar Market by End User, 2018 - 2021, USD Thousands
TABLE 64 Mexico Coconut Sugar Market by End User, 2022 - 2028, USD Thousands
TABLE 65 Rest of North America Coconut Sugar Market, 2018 - 2021, USD Thousands
TABLE 66 Rest of North America Coconut Sugar Market, 2022 - 2028, USD Thousands
TABLE 67 Rest of North America Coconut Sugar Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 68 Rest of North America Coconut Sugar Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 69 Rest of North America Coconut Sugar Market by Application, 2018 - 2021, USD Thousands
TABLE 70 Rest of North America Coconut Sugar Market by Application, 2022 - 2028, USD Thousands
TABLE 71 Rest of North America Coconut Sugar Market by Form, 2018 - 2021, USD Thousands
TABLE 72 Rest of North America Coconut Sugar Market by Form, 2022 - 2028, USD Thousands
TABLE 73 Rest of North America Coconut Sugar Market by End User, 2018 - 2021, USD Thousands
TABLE 74 Rest of North America Coconut Sugar Market by End User, 2022 - 2028, USD Thousands
TABLE 75 Key Information – Nutiva, Inc.
TABLE 76 Key Information – NOW Foods, Inc.
TABLE 77 Key Information – The Coconut Company (UK) Ltd.
TABLE 78 Key Information – The Divine Foods
TABLE 79 Key Information – Groovy Food Company Ltd.
TABLE 80 Key Information – Coco Sugar Indonesia
TABLE 81 Key Information – Big Tree Farms, Inc.
TABLE 82 Key Information – Madhava, Ltd.
TABLE 83 Key Information – AGRIM Pte Ltd.
TABLE 84 Key Information – Tradin Organic Agriculture B.V.
List of Figures
FIG 1 Methodology for the research