Global Palm Sugar Market to Reach $2.3 Billion by 2030
The global market for Palm Sugar estimated at US$1.7 Billion in the year 2022, is projected to reach a revised size of US$2.3 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2022-2030. Powder, one of the segments analyzed in the report, is projected to record 3.8% CAGR and reach US$1.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Crystal segment is readjusted to a revised 2.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $473.3 Million, While China is Forecast to Grow at 5.8% CAGR
The Palm Sugar market in the U.S. is estimated at US$473.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$469.3 Million by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.Select Competitors (Total 58 Featured) -
- Asana Foods
- Betterbody Foods & Nutrition LLC
- Navitas Organics
- Organika Health Products Inc.
- Phalada Agro Research Foundation
- Royal Pepper Company
- Sevenhills Wholefoods
- Wholesome Sweeteners Inc.
- Windmill Organics Ltd.
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- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Asana Foods
- Betterbody Foods & Nutrition LLC
- Navitas Organics
- Organika Health Products Inc.
- Phalada Agro Research Foundation
- Royal Pepper Company
- Sevenhills Wholefoods
- Wholesome Sweeteners Inc.
- Windmill Organics Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 331 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1.7 Billion |
Forecasted Market Value ( USD | $ 2.3 Billion |
Compound Annual Growth Rate | 3.9% |
Regions Covered | Global |