United States, Rockville MD, June 23, 2022 (GLOBE NEWSWIRE) — According to a new report published by Fact.MR, a market research and competitive intelligence provider, the global liquid jaggery market is estimated at US$ 544.8 million in 2022. The market is predicted to expand at an impressive CAGR of 8.3% during the forecast years 2022-2032.

Changing consumer behaviour and rising demand for health-beneficial food products without compromising on the taste are factors paving the path for liquid jaggery market growth. White sugar is now becoming optional for people who crave sweets, and the demand for healthy sugar alternatives such as liquid jaggery is rising. The shift to healthy alternatives is further boosted by the growing adoption of a sedentary lifestyle and increasing prevalence of diabetes among the population.

For Critical Insights on Liquid Jaggery Market, Request a Sample Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=7512

Furthermore, liquid jaggery is gaining popularity among youngsters as it can be consumed as a rich nutrition source as well as can be used for skin smoothening and pimple reduction. In addition, liquid jaggery is seeing high demand among women due to its essential nutrients, which is an effective natural treatment for menstruation and specifically helps relieve cramps and relax the body.

What is the Main Factor Driving Liquid Jaggery Market Growth?

“Liquid Jaggery – The Perfect Substitute for White Sugar”

Several health benefits have led to the rising popularity of liquid jaggery among the youth and health-conscious people. Its high antioxidant property helps increase immunity and assists in preventing diseases. Additionally, liquid jaggery is the perfect option for those who want to eat healthy food without compromising on taste.
Liquid jaggery is a healthy natural source and can be used as a substitute for white sugar, which has some negative impacts on health. Jaggery also adds an exciting flavour to daily sweeteners.

Apart from this, a key driver behind the growth of the liquid jaggery market is the escalating diabetic population because of the concentration of the Glycemic Index, which affects blood sugar levels in diabetic patients. These factors are contributing to the rising consumption of liquid jaggery across the world.

To learn more about Liquid Jaggery Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=7512

Key Segments Covered in the Liquid Jaggery Industry Survey

• Liquid Jaggery Market by Source :
  • Sugarcane Liquid Jaggery
  • Date Palm Liquid Jaggery

• Liquid Jaggery Market by Processing Type :
  • Natural Liquid Jaggery
  • Refined Liquid Jaggery
  • Others
• Liquid Jaggery Market by Sales Channel :
  • Online Sales of Liquid Jaggery
    • Brand Websites
    • e-Commerce Websites
  • Offline Sales of Liquid Jaggery
    • Hypermarkets/Supermarkets
    • Specialty Stores (Organic Stores)
    • Convenience Stores
    • D2C

Development of Market

Unawareness of the significant health benefits offered by liquid jaggery over any other sugar alternatives has restrained its market to limited regions. However, over the last few years, liquid jaggery has gained rapid traction. Several manufacturers are focusing on expanding their distribution channels in untapped regions, which will also drive market growth over the decade.

Competitive Landscape

Liquid jaggery manufacturers are highly fragmented in the South Asia region. However, there are very few manufacturers who have successfully expanded their business on an international scale.

Moreover, market players are more concerned about spreading awareness about liquid jaggery globally so that they can launch their liquid jaggery products successfully in international markets.

• Aazol and Green Leaves International started the distribution of liquid jaggery on an international scale. However, they set a parameter that within 15 to 20 days the liquid jaggery should be delivered in an international market.

Such initiations will support the awareness and growth of the liquid jaggery market across the world.

Get Customization on Liquid Jaggery Market Report for Specific Research Solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7512

Key players in the Liquid Jaggery Market

• Balaji Jaggery Farm
• Vinayak Jaggery Manufacturers
• Siddhagiri’s Satvyk
• Dev Bhoomi Jaivik Krishi Utpad
• Sandeshwar Agro Producer company
• Phoennix Spices
• Dr. Jaggery’s

Key Takeaways from Liquid Jaggery Market Study

• The global liquid jaggery market is projected to expand at an impressive CAGR of 8.3% during the forecast years to be valued at US$ 1.2 billion by 2032.
• The market witnessed 4.7% CAGR during the period 2017-2021.
• Under source, sugarcane dominates the market with a valuation of US$ 469.4 million in 2022.
• South Asia & ASEAN dominated the market with 60.8% market share in 2021.
• Together, South Asia & ASEAN and Latin America are likely to represent 69.3% market share in 2022.
• Demand for liquid jaggery is expected to increase at CAGRs of 10.4% and 10.0% in North America and Europe, respectively, over the forecast period.

Fact.MR’s Domain Knowledge in Food & Beverage Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned food and beverage team at Fact.MR helps clients from across the globe with their unique business intelligence needs.

With a repertoire of over thousand reports and 1 million-plus data points, the team has analysed the food and beverage domain across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.

Explore Fact.MR’s Coverage on the Food & Beverage Domain-

Snacks Market– Global demand for snacks is expected to proliferate at a CAGR of 6.5% from 2021 to 2031, according to a recently published study by Fact.MR. By the end of the aforementioned forecast period, the market is likely to be valued at US$ 751 Bn, with consumer inclining towards organic snacks consumption. By 2021-end, demand for snacks is expected to reach US$ 400 Bn.

Commercial Seaweed Market– The global seaweed market was worth over US$ 10 Bn in 2020 and is predicted to exceed US$ 15 Bn by the end of the forecast period (2021-2031). Extensive applications of seaweed in pharmaceuticals, nutraceuticals, antimicrobial goods, and biotechnological applications is primarily steering growth across the market.

CBD Gummies Market– Fact.MR- a market research and competitive intelligence provider- expects the global CBD gummies market to surge exponentially at a prolific 28% CAGR throughout the 2021-2031 forecast period. Increasing drives to legalize cannabis for recreational and medical purposes is acting as the primary growth lever for the market.

Palm Oil Market– Global palm oil market size in 2022 is expected to top nearly US$ 33 Bn. As per the report, palm oil market revenues are anticipated to grow 1.5x to reach nearly US$ 50 Bn by 2031, experiencing a compounded annual growth rate (CAGR) of nearly 5%.

Soybean Oil Market– The global sales of soybean oil are expected to grow moderately in 2021 with sales of just over 57 Mn tons in 2020. While Fact.MR still expects the market for soybean oil to grow slightly, however, the decade long compound annual growth rate (CAGR) remains positive at 5%.

Rapeseed Oil Market– The rapeseed oil sales are expected to be valued at nearly US$ 17 Bn by 2021. Long-term projections appear more positive, with the market for rapeseed oil will reach US$ 32 Bn, growing at a CAGR surpassing 6% from 2020 to 2031.

Energy Drinks Market– The global demand for energy drinks will increase positively in 2021, surpassing US$ 35 Bn. Driven by the rise in health consciousness, as well as changes in consumer lifestyle and increased awareness of health wellness goods, the market is expected to register growth at a CAGR of approximately 8% by 2031.

Non-Alcoholic Beer Market– The non-alcoholic beer industry is expected to witness soaring growth, expected to surpass US$ 28 Bn in by 2031, with a decade long compounded annual growth rate (CAGR) of 7% across the forecast period.

Sports Nutrition Market– The global sports nutrition market report indicates that sales of overall sports nutrition enjoyed year-on-year (YoY) growth of 5.3% in 2021. Fact.MR estimates that the sports nutrition market accounted for US$ 15.8 Bn in 2021, and is expected to witness a prominent CAGR of 7.9% over the decade.

In-Flight Catering Market– The global In-flight catering market exceeding a valuation of around USD 7.3 billion by 2021, and it is projected to reach USD 13.7 billion by 2031, registering a CAGR of 6.5% during the forecast period 2021-2031.

About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
Mahendra Singh
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
Email: [email protected]
Tel: +1 (628) 251-1583
Follow Us: LinkedIn | Twitter