Europe Palm Sugar Market was worth USD xx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2027.
Palm sugar is a sweetener derived from the liquid sap of any variety of palm trees. It is also often termed as coconut palm sugar because both are processed in the same manner but for different from botanical sources. Palm sugar consists of sugars from various palm trees such as Palmyra palm, sugar palm, nipa palm, date palm, and coconut palm. Palm sugar is rich in nutrients, vitamins, and minerals such as iron, potassium and zinc. Palm sugar is an ingredient in both sweet and savory dishes and is produced by boiling the collected sap until it thicknesses. It is sold in bottles or tins and it is allowed to thicken and crystalize over the period. Its color is ranged from golden brown to dark brown or black. Palm sugar is added in food for the taste and quality nutritional value and it is mostly used in desserts, sweets, cakes, and sauces. It is healthier than conventional sugar and other natural sweeteners because of its low glycemic index.
Europe Palm Sugar Market is driven by the factors like increasing health preferences towards nutritional components. In addition, anxiety towards delicious food, change in life style, increase in the demand of confectionary food, low cost and low caloric content and an excellent substitute of oral rehydration solution also drives the market. However, lack of skilled professionals and stringent rules are hindering the growth of the market.
The Europe Palm Sugar Market is segmented on the basis of
nature
form
application
On the basis of nature, it is segmented into
organic
conventional
Depending on the form, the market is segmented into
solid
liquid
On the basis of application, the market is segmented into food and beverages manufacturers and retailers. Food segment consists of bakery products, confectionery, frozen desserts, canning & freezing and non-sweet food products and beverages segment consists of energy drinks, smoothies and syrups. Food and beverage application holds a large share of palm sugar market.
The Europe market has been geographically segmented into
Germany
U.K
France
Spain
Italy
Key players dominating the Europe Palm Sugar Market are Real Raw Food,
Felda Europe Ventures
American Key Food Products
Taj Agro Products
Palm Nectar Organics
Royal Pepper Company
Wholesome
Big Tree Farms
Thai taste
Seven hills and Biona
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