Europe Palm Sugar Market

Europe Palm Sugar Market Size (2024 to 2029)

Europe Palm Sugar Market is expected to be worth USD 233.43 million in 2024 and estimated to be growing at a CAGR of 2.60 %, to reach USD 265.53 billion by 2029.

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.

This Research Report on Europe Palm Sugar Market is segmented and sub segmenetd into following categories

Europe Palm Sugar Market By Nature

• Organic
• Conventional

Europe Palm Sugar Market By Form  

• Solid
• Liquid

Europe Palm Sugar Market By Application  

Food

• Bakery Products
• Confectionery
• Frozen Desserts
• Canning  
• Freezing
• Non-sweet Food Products

Beverages

• Energy Drinks
• Smoothies
• Syrups

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.

Europe Palm Sugar Market By Region

• Germany
• U.K
• France
• Spain
• Italy

KEY PLAYERS IN EUROPE PALM SUGAR MARKET 

Key players in 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.