America’s coconut sugar market is expected to grow at CAGR of 4% during the forecast period i.e. 2018-2023. Growing end-use industries and rising prevalence of diabetes, especially among the middle edged population is expected to increase demand for coconut sugar over the projected period.
What is Coconut sugar?
Coconut sugar is a natural sugar made from coconut palm sap and looks like brown granulated sugar, which is the sugary circulating fluid of the coconut plant. It is boiled and dehydrated sap of the coconut palm.
What are the major applications for coconut sugar?
Coconut sugar offer more vitamins and minerals compared to white table sugar. It contains trace amounts of vitamin C, potassium, phosphorous, magnesium, calcium, zinc, iron and copper. Coconut sugar also provides small amounts of phytonutrients, such as polyphenols, flavonoids and anthocyanidin, and antioxidants. You'll also find the B vitamin inositol, often used as a mood booster, in coconut sugar. The major applications of coconut sugar are dairy products, sweet products , cosmetics product and in baked food.
Market Research and Market Trends of America coconut sugar
- Coconut sugar qualified as a source of copper, phosphorous and vitamin C, and a rich source of potassium and thiamin which is also referred as vitamin B1. With lots of nutrients in food, coconut sugar will employed in many food ingredients as an alternative to sugar.
- Chocolate factories are now using coconut sugar to sweeten their chocolate candies. Furthermore, people mix the solid form of coconut syrup with water to make liquid syrup, used for sweetening drinks and pastries. However, the most popular and globally spread form of coconut sweetener is granulated coconut sugar which is now mostly preferred.
- Dark chocolates manufacturers are using 65% of coconut sugar in their chocolate manufacturing for development of an organic chocolate. This is expected to be followed by most of the companies operating in chocolate production.
Who are the Major Players in America coconut sugar market?
The companies referred in the market research report includes Cook Organic Foods LLP, Activa Enterprises Ventures Inc., American Key Food Products, Andy Albao Enterprises, Bigtreefarms, Celebes Coconut Corporation.
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