Middle-East And Africa Palm Sugar Market

Middle East and Africa Palm Sugar Market Size (2024 to 2029)

Middle East and Africa Palm Sugar Market size is expected to be USD 37.68 billion in 2024 and estimated to be growing at a CAGR of 1.76%, to reach USD 41.32 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 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 crystallize over the period. Its colour 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 deserts, sweets, cakes and sauces. It is healthier than conventional sugar and other natural sweeteners because of its low glycemic index.The Middle-East and Africa 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 Middle East and Africa Palm Sugar Market is segmented and su segmented into following categories

Middle East and Africa Palm Sugar Market By Nature

• Organic 

• Conventional

Middle East and Africa Palm Sugar Market By Form

• Solid 

• Liquid

Middle East and Africa Palm Sugar Market By Application

• Food And Beverage Manufacturers 

• Retailers

Food segment consists of bakery products, confectionery, frozen desserts, canning & freezing, and non-sweet food products and the beverages segment consists of energy drinks, smoothies and syrups. Food and beverage application holds a large share of the palm sugar market.

Middle-East and Africa Palm Sugar Market By Region

• UAE

• Israel

• KSA

• South Africa

• Egypt

The market has been geographically segmented into the Middle East and Africa. Th market is growing slowly because of many problems the region faces, in terms of battles and also, the unstable economy. However, countries like the USA, China and UK are investing in the region and this increased financial revenue will aid this sector in this region.

KEY PLAYERS IN MIDDLE EAST AND AFRICA PALM SUGAR MARKET

Key Players In Middle East And Africa Palm Sugar Market are Real Raw Food, Felda Middle-East and Africa Ventures, American Key Food Products, Taj Agro Products, Palm Nectar Organics, Royal Pepper Company, Wholesome, Big Tree Farms, Thai taste, Seven hills and Biona.