Published by Wanda Rich
Posted on September 30, 2021
Palm Sugar Market Outlook – 2028
Extracted from liquid sap of different varieties of palm trees, palm sugar is a natural sweetener that has all the properties of conventional sweetener and healthier than them. Palm sugar is extracted from palmyra palm, date palm, nipa palm sugar palm, and coconut palm, and is rich in vitamins such as B1, B2, B3, B6, and minerals such as potassium, zinc, iron, and other nutrients. Palm sugar has a low glycemic index than other natural sugar, and is healthier than brown & white sugar. Palm sugar is used as an alternative of sugar by the food & beverage industry as an active ingredient in processing healthy food items. Palm is used both in sweet and savory dishes and produced by boiling the collected sap until its thickness changes. Moreover, palm sugar is used by confectionaries and bakeries in baking desserts, sweets, sauces, cakes, cookies, and other food items. Innovation in the segment is related to focus in different forms such as liquid palm sugar.
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COVID-19 Scenario Analysis
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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Rising demand from the food & beverage industry due to low-calorie than conventional sugars, changing food habits of people due to urbanization, awareness about consumption of excess sugar, and increasing blood-sugar & diabetic patients are the major factors driving the global palm sugar market. Moreover, increasing disposable income inkling toward healthy foods and the demand for organic food items are the factors increasing the demand for palm sugar. However, high cost of processing palm sugar than conventional white sugar and the availability of alternative sweeteners such as honey and dates. Conversely, investment relating to the development of new low-cost techniques for the production of palm sugar will boost the market demand.
Rising Demand of Natural Sweeteners
Growing health problems due to consumption of processed white sugar and rising prevalence of several chronic illnesses such as obesity, diabetes, heart diseases, and cancer are changing the minds of food & beverage manufacturer for alternative natural sweeteners and are increasing the demand from food processing units. Moreover, some beverage companies have started using palm sugar, jaggery, and other natural sweeteners for their milk & yogurt-based drink, which is a factor that is influencing the palm sugar market to change the conventional use of white sugar.
Regional insights
The Asia-Pacific market consumers are the highest consumers of palm sugar as palm sugar has been one of the oldest forms of sweeteners in countries like India, Indonesia, the Philippines, and other Asian countries. People in these countries have traditionally used palm sugar and are still inclined toward the use due to the associated health benefits of palm sugar. The food & beverage processing units in these countries have come up with new and healthy food items and beverages having palm sugar as an active ingredient.
North American and European markets are growing significantly due to increase in health cases and the rise of diabetic patients, which has increased the demand for organic & healthy food & beverages in the market. Moreover, the presence of food processing units in European counties has increased the palm sugar demand for natural sweeteners in food products.
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Key Benefits of the Report:
Questions Answered in the Palm Sugar Market Research Report:
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at: https://www.alliedmarketresearch.com/connect-to-analyst/11332
About Allied Market Research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
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Palm Sugar Market Outlook – 2028
Extracted from liquid sap of different varieties of palm trees, palm sugar is a natural sweetener that has all the properties of conventional sweetener and healthier than them. Palm sugar is extracted from palmyra palm, date palm, nipa palm sugar palm, and coconut palm, and is rich in vitamins such as B1, B2, B3, B6, and minerals such as potassium, zinc, iron, and other nutrients. Palm sugar has a low glycemic index than other natural sugar, and is healthier than brown & white sugar. Palm sugar is used as an alternative of sugar by the food & beverage industry as an active ingredient in processing healthy food items. Palm is used both in sweet and savory dishes and produced by boiling the collected sap until its thickness changes. Moreover, palm sugar is used by confectionaries and bakeries in baking desserts, sweets, sauces, cakes, cookies, and other food items. Innovation in the segment is related to focus in different forms such as liquid palm sugar.
Download Report Sample (PDF with Insights, Charts, Tables, Figures) at: https://www.alliedmarketresearch.com/request-sample/11332
COVID-19 Scenario Analysis
Request for Customization of This Report at: https://www.alliedmarketresearch.com/request-for-customization/11332
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Rising demand from the food & beverage industry due to low-calorie than conventional sugars, changing food habits of people due to urbanization, awareness about consumption of excess sugar, and increasing blood-sugar & diabetic patients are the major factors driving the global palm sugar market. Moreover, increasing disposable income inkling toward healthy foods and the demand for organic food items are the factors increasing the demand for palm sugar. However, high cost of processing palm sugar than conventional white sugar and the availability of alternative sweeteners such as honey and dates. Conversely, investment relating to the development of new low-cost techniques for the production of palm sugar will boost the market demand.
Rising Demand of Natural Sweeteners
Growing health problems due to consumption of processed white sugar and rising prevalence of several chronic illnesses such as obesity, diabetes, heart diseases, and cancer are changing the minds of food & beverage manufacturer for alternative natural sweeteners and are increasing the demand from food processing units. Moreover, some beverage companies have started using palm sugar, jaggery, and other natural sweeteners for their milk & yogurt-based drink, which is a factor that is influencing the palm sugar market to change the conventional use of white sugar.
Regional insights
The Asia-Pacific market consumers are the highest consumers of palm sugar as palm sugar has been one of the oldest forms of sweeteners in countries like India, Indonesia, the Philippines, and other Asian countries. People in these countries have traditionally used palm sugar and are still inclined toward the use due to the associated health benefits of palm sugar. The food & beverage processing units in these countries have come up with new and healthy food items and beverages having palm sugar as an active ingredient.
North American and European markets are growing significantly due to increase in health cases and the rise of diabetic patients, which has increased the demand for organic & healthy food & beverages in the market. Moreover, the presence of food processing units in European counties has increased the palm sugar demand for natural sweeteners in food products.
Interested to Procure The Data? Inquire here at: https://www.alliedmarketresearch.com/purchase-enquiry/11332
Key Benefits of the Report:
Questions Answered in the Palm Sugar Market Research Report:
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at: https://www.alliedmarketresearch.com/connect-to-analyst/11332
About Allied Market Research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
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