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Global Palm Sugar Market 2019 Key Players, Trends, Sales, Supply, Demand, Analysis and Forecast 2025

Nov 05, 2019 (AB Digital via COMTEX) --

Palm Sugar Market:

Executive Summary

Palm sugar is a sweetener that is manufactured from the sap of the flower buds of coconut palm trees. Organic palm sugar is a healthier alternative to table sugar and hence is highly preferred among health-conscious folk. This can be placed on several features of palm sugar such as its high level of antioxidants, flavonoids, polyphenols, and other micronutrients that make it a healthier option as compared to conventional processed sugar. Palm sugar is a healthier choice for diabetic patients and for the people suffering from blood sugar problems. Due to its low glycemic index, the food is absorbed at a sluggish pace in the body, as compared to normal sugar which helps the consumer with the maintenance of bloog sugar levels and hence, aids in the prevention of an insulin hike.

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The global sugar market is anticipated to take on an impressive growth trajectory over the forecast period, owing to a wide variety of factors. Rising consumer awareness and an upwards trend of adoption of healthier lifestyle among consumers based on various regions are some of the factors contributing to the sizeable growth noted in the global palm sugar market.  In addition, changing lifestyles and rising adoption of natural and dietary food products is expected to promote market growth for palm sugar all over the world. Prevention of lifestyle diseases like obesity, diabetes, blood sugar,etc. has led to a higher rate of adoption for palm sugar, as compared to traditional sugar-based products.

Market key players

Navitas Organics, Windmill Organics, Wholesome Sweeteners, Asana Foods, Organika Health Products, Betterbody Foods & Nutrition, Big Tree Farms, E Farms, Royal Pepper, Sevenhills Wholefoods, Phalada Agro Research Foundation

Market Segmentation

The global palm sugar market is analysed by the experts for several segments that are based on type, nutrients, distribution channel, application, and region. Based on type, the global palm sugar market is segmented into powder, granular, solid, and liquid. Based on nutrients, the global palm sugar market is segmented into minerals, vitamins, and phytonutrients. Based on distribution channel, the global palm sugar market is segmented into store-based and non-store-based. Based on application, the global palm sugar market is segmented into canning and freezing, bakery and confectionery, energy drinks, smoothies and syrups.

Detailed Regional Analysis

The global palm sugar market is segmented into the regions of North America, South America, Asia Pacific, the Middle East & Africa, and Europe. Asia Pacific is expected to hold a significant share of the global palm sugar market over the review period. This dominant stance in the global market can be accredited to the obtainability of raw materials in abundance and technical know-how. The palm sugar market in Asia Pacific is witnessing rapid growth during the forecast period owing to the demand for dietary products and healthier alternatives to traditional food products. Further, an upscaling inclination towards nutritious food and beverages that are also appealing in taste is likely to provide impetus to growth to the regional palm sugar market.

Europe is estimated to garner the second-largest share of the global palm sugar market. However, Asia Pacific is likely to witness maximum growth for organic palm sugar market during the assessment period.


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