NEW
YORK, July 17, 2024 /PRNewswire/ -- The global
organic sugar market size is estimated to grow by USD 1.06 billion from 2023-2027, according to
Technavio. The market is estimated to grow at a CAGR of 5.98%
during the forecast period. Growing health consciousness is driving
market growth, with a trend towards emergence of E-commerce
platforms. However, high cost of production poses a challenge. Key
market players include Big Tree Farms Inc., Celebes Coconut Corp.,
Dhampur Bio Organics Ltd., Finasucre SA, JALLES MACHADO SA, Madhava
Ltd., Mehrotra Consumer Products Pvt. Ltd., Mitr Phol Group,
Natureland Organic Foods Pvt. Ltd., Nimbark Organic, NOW Health
Group Inc., Pronatec AG, PT Mega Inovasi Organik, Raizen Energia
SA, Sudzucker AG, Tereos Group, The Coconut Company UK Ltd., The
Groovy Food Co., Tradin Organic Agriculture B.V., and Treelife.
Get a detailed analysis on regions, market
segments, customer landscape, and companies - Click for the
snapshot of this report
Forecast
period
|
2023-2027
|
Base Year
|
2022
|
Historic
Data
|
2017 - 2021
|
Segment
Covered
|
Type (Crystals and
Molasses), Distribution Channel (Offline and Online), and Geography
(North America, Europe, APAC, South America, and Middle East and
Africa)
|
Region
Covered
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Key companies
profiled
|
Big Tree Farms Inc.,
Celebes Coconut Corp., Dhampur Bio Organics Ltd., Finasucre SA,
JALLES MACHADO SA, Madhava Ltd., Mehrotra Consumer Products Pvt.
Ltd., Mitr Phol Group, Natureland Organic Foods Pvt. Ltd., Nimbark
Organic, NOW Health Group Inc., Pronatec AG, PT Mega Inovasi
Organik, Raizen Energia SA, Sudzucker AG, Tereos Group, The Coconut
Company UK Ltd., The Groovy Food Co., Tradin Organic Agriculture
B.V., and Treelife
|
Key Market Trends Fueling Growth
E-commerce platforms have significantly expanded the reach of
organic sugar producers by providing a global marketplace. Amazon,
Walmart, and Alibaba are notable examples, enabling organic sugar
sales to customers worldwide. Walmart's dedicated organic products
section on its website is one instance. E-commerce simplifies
purchasing for consumers, allowing them to buy organic sugar from
home. This convenience has boosted market growth. Additionally,
e-commerce platforms offer data analytics, enabling producers to
understand customer preferences and behaviors, leading to targeted
marketing strategies and improved products. Overall, e-commerce's
role in the organic sugar market is crucial and is expected to
persist throughout the forecast period.
The Organic Sugar Market is experiencing a significant surge due
to increasing consumer awareness towards eco-friendly and ethically
produced food products. Small-scale farmers are embracing
sustainable farming methods to revitalize their farms and produce
organic sugar. This trend is not limited to food, as the demand for
organic cosmetic products, including sugar scrubs, body wash, and
creams, is also on the rise. Environmental sustainability concerns
have led to a shift from cane and beet sugar to organic sugar.
Consumers are increasingly health-conscious and are reducing their
dietary sugar intake to combat obesity, overweight populations, and
non-communicable diseases like cancer. Bakery and organic bakery
products are also diversifying their offerings to include organic
sugar in granulated, liquid/syrups, and other forms. Dairy farmers
are also exploring the potential of organic sugar production. The
market for organic sugar is expected to grow further as consumers
seek out natural alternatives to synthetic products. Febrile
disorders and other health issues have raised concerns about the
use of synthetic cosmetic products. Organic sugar-based cosmetics
offer a healthier alternative, providing essential nutrients like
iron and carbohydrates. Overall, the organic sugar market is poised
for continued growth as consumers prioritize health and
sustainability.
Discover 360° analysis of this market. For
complete information, schedule your consultation- Book
Here!
Market Challenges
- The production cost of organic sugar is significantly higher
than that of conventional sugar due to the absence of synthetic
pesticides and fertilizers in its cultivation. Organic farming
practices, such as manual pest control and soil maintenance,
increase labor intensity and certification fees. These factors
contribute to the higher production cost, resulting in a more
expensive final product. This price disparity may deter some
consumers and limit the availability of organic sugar, particularly
for small farmers competing with larger conventional sugar
producers. Consequently, the high cost of organic sugar production
remains a major hindrance to market growth.
- The Organic Sugar Market faces several challenges in today's
health-conscious world. With increasing awareness about sugar
consumption and its impact on health, there is a growing demand for
organic sugar in bakery products, cereals, and other food items.
However, small-scale organic sugar production is costly compared to
synthetic sugar from large industries using conventional farming
practices and synthetic chemicals like pesticides and fertilizers.
In the bakery and confectionery sector, organic sugar is gaining
popularity in organic bakery products. Similarly, in the beverage
industry, organic sugar is used in non-alcoholic drinks. In the
dairy and frozen desserts segment, organic sugar is preferred for
its health benefits. Moreover, the agricultural sector faces
challenges in producing organic sugar from sugarcane and sugar
beets without using synthetic pesticides, herbicides, and
fertilizers. Razen, a sustainable farming practice, is being
adopted for organic sugar production. Organic sugar scrubs, body
wash, creams, and other organic cosmetic products are also gaining
popularity for a healthier lifestyle. The production of organic
sugar involves sustainable farming practices, such as the use of
raw sugar and the production of cellulosic ethanol as a low-carbon
fuel. However, the high cost of organic sugar production and the
availability of cheap synthetic sugar alternatives pose significant
challenges to the market. Consumers are becoming more aware of the
health risks associated with toxins in synthetic sugar and cosmetic
products, leading to a growing demand for organic
alternatives.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This organic sugar market report extensively covers market
segmentation by
- Type
- 1.1 Crystals
- 1.2 Molasses
- Distribution Channel
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Crystals- The organic sugar market consists of the
crystal and organic coconut sugar segments. The crystal segment,
which includes granulated sugar with large, uniform crystals, is
popular among health-conscious consumers due to its high purity,
natural color, and mild flavor profile. Vendors in this segment use
sustainable farming practices, such as regenerative agriculture,
and invest in renewable energy sources and carbon offsetting
programs to reduce environmental impact. Organic coconut sugar,
derived from coconut palm sap, has a lower glycemic index and is a
more natural alternative. Both segments contribute to the market's
growth due to their health benefits and sustainable production
methods. The crystals segment dominates due to its widespread use
in baking, cooking, and beverages.
For more information on market segmentation with geographical
analysis including forecast (2023-2027) and historic data (2017 -
2021) - Download a Sample Report
Learn and explore more about Technavio's in-depth research
reports
The global Coconut Sugar Market is experiencing significant
growth driven by the increasing demand for natural and healthier
sugar alternatives. This market is propelled by rising consumer
awareness of the health benefits associated with coconut sugar,
such as its low glycemic index and rich nutrient profile. Key
players are investing in product innovation and expanding their
distribution channels. The global Sugar-Free Food and Beverages
Market is expanding rapidly as consumers seek healthier lifestyle
choices. With rising health consciousness and concerns about
diabetes and obesity, this market is driven by innovative products
that offer taste without added sugars.
Research Analysis
Organic sugar is a healthier alternative to conventional
varieties, as it is free from synthetic pesticides, herbicides, and
fertilizers commonly used in farming. With increasing health
consciousness, consumers are shifting towards organic sugar due to
its absence of toxins. Organic sugar is derived from sugarcane or
sugar beets grown using eco-friendly and ethical farming practices.
These practices revitalize farms and support small-scale farmers.
Organic sugar is used in various industries, including bakery and
cereals, to provide consumers with organic bakery products and
cereals rich in essential nutrients like iron and carbohydrates.
Patients with febrile disorders and those seeking to avoid
synthetic products can benefit from organic sugar. The culinary
experiences offered by organic sugar are unmatched, adding a unique
flavor to dishes while promoting environmental sustainability
concerns. Organic sugar production is a sustainable farming method
that prioritizes the health of consumers and the environment.
Market Research Overview
Organic sugar is a natural sweetener derived from the
agricultural sector, specifically from sugarcane or sugar beets,
grown using organic farming practices. With the increasing health
consciousness among consumers, the demand for organic sugar is on
the rise. Organic sugar is free from synthetic chemicals,
pesticides, and herbicides, making it a healthier alternative to
conventional varieties. The market for organic sugar extends beyond
the food industry, with applications in bakery and confectionery,
beverages, dairy & frozen desserts, and sweet & savory
snacks. The organic sugar market also includes organic sugar
scrubs, body wash, creams, and other organic cosmetic products.
Small-scale industries are revitalizing farms through sustainable
farming methods, eco-friendly and ethical farming practices, and
the production of non-GMO cane sugar. Consumers are increasingly
concerned about environmental sustainability, and organic sugar
production aligns with these values. The agricultural sector is
also exploring the potential of sugarcane cellulosic ethanol as a
low-carbon fuel and raw material for the production of sustainable
chemicals. Despite the higher production costs, the health benefits
and consumer demand make organic sugar a worthwhile investment.
Obesity, overweight populations, and non-communicable diseases such
as cancer are linked to high dietary sugar intake, making organic
sugar a healthier choice for consumers.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Type
-
- Distribution Channel
-
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download
multimedia:https://www.prnewswire.com/news-releases/organic-sugar-market-size-is-set-to-grow-by-usd-1-06-billion-from-2023-2027--growing-health-consciousness-to-boost-the-market-growth-technavio-302198414.html
SOURCE Technavio