Palm Sugar Market Expected to Touch US$ 2,000 Million by 2025
The growing demand for organic food products is expected to boost the demand for organic palm sugar across the globe. The organic palm sugar market is estimated to account for a value share of 23.3% by 2017 end, and is anticipated to register a CAGR of 4.4% in terms of value over the forecast period.
The growing demand for organic food products is expected to boost the demand for organic palm sugar across the globe. The organic palm sugar market is estimated to account for a value share of 23.3% by 2017 end, and is anticipated to register a CAGR of 4.4% in terms of value over the forecast period.
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Global <strong>Palm</strong> <strong>Sugar</strong> <strong>Market</strong>: Segmental Analysis and Forecast<br />
The global palm sugar market is segmented on the basis of origin, end use,<br />
form, and distribution channel. By origin the market is segmented in<strong>to</strong><br />
conventional and organic. The growing demand for organic food products is<br />
expected <strong>to</strong> boost the demand for organic palm sugar across the globe. The<br />
organic palm sugar market is estimated <strong>to</strong> account for a value share of 23.3%<br />
<strong>by</strong> 2017 end, and is anticipated <strong>to</strong> register a CAGR of 4.4% in terms of value<br />
over the forecast period.<br />
On the basis of form the market is segmented in<strong>to</strong> powder, crystal and liquid.<br />
The powder segment is expected <strong>to</strong> account for relatively high value share in<br />
the global market <strong>by</strong> <strong>2025</strong> end, while in terms of value, the liquid segment is<br />
expected <strong>to</strong> expand at a relatively high CAGR over the forecast period.<br />
End use segmentation of the global palm sugar market includes food and<br />
beverage, foodservice, and household. With more than 80% value share, the<br />
household segment is expected <strong>to</strong> lead the global palm sugar market and<br />
register a CAGR of 3.2% in terms of value over the forecast period.<br />
The segments <strong>by</strong> distribution channel comprise direct and indirect segments. In<br />
terms of value, the indirect channel segment is projected <strong>to</strong> be the most<br />
attractive market in the global palm sugar market during the forecast period.<br />
Global <strong>Palm</strong> <strong>Sugar</strong> <strong>Market</strong>: Forecast Analysis <strong>by</strong> Region<br />
The five key geographies of North America, Latin America, Europe, APAC and<br />
MEA have been covered in this report. Asia Pacific accounts for the highest<br />
market share throughout the forecast period. Indonesia is the largest producer as<br />
well as consumer of palm sugar in the Asia Pacific region and controls the<br />
dynamics of the global palm sugar market.<br />
Global <strong>Palm</strong> <strong>Sugar</strong> <strong>Market</strong>: Key Players<br />
Navitas Organics, Windmill Organics Ltd, Wholesome Sweeteners, Inc., Asana<br />
Foods, Organika Health Products Inc., Betterbody Foods & Nutrition LLC, Big<br />
Tree Farms, e Farms, Inc., Royal Pepper Company, Sevenhills Wholefoods, and<br />
Phalada Agro Research Foundation are some of the leading companies<br />
operating in the global palm sugar market.
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