Coconut Sugar Market - Forecast(2021 - 2026)
Global Coconut Sugar Market Outlook According to WHO, worldwide obesity has nearly tripled since 1975. Additionally, in 2016, more than 1.9 billion adults were overweight out of which over 650 million were obese. Now, this has become a major concern in the world which majorly attributes to the consumption of sugar that is responsible for raising insulin levels, subsequently leading to obesity. While the aforementioned data is disquieting, it’s a flourishing factor leading to the coconut sugar market growth that already had a global market size of $1.2 billion to $1.7 billion as of 2018 according to IndustryARC’s business intelligence report. Furthermore, the analyst projects that the coconut sugar market will grow at a remarkable CAGR of 5% to 6% during the forecast period of 2019-2025. Request Sample Coconut sugar is a healthy sugar produced from the sap of the flower bud stem of the coconut palm. It is also known as coconut palm sugar, coco sugar, coco sap sugar, or coconut bloss