Jaggery is a typical uncentrifuged sugar that is a concentrated product of date, cane juice, or palm sap (see palm sugar) without the separation of molasses and can vary from golden brown to dark brown color. Jaggery powder is commonly used for the preparation of a number of sweets and eatables. It is widely demanded on the market due to its medicinal properties, and it is also a rich source of iron and mineral salts.
MARKET DYNAMICS
The global demand for jaggery powder is experiencing a substantial growth rate and is expected to continue during the forecast period. The growth of the jaggery powder market can be attributed to the health benefits of the consumption of jaggery powder. Growing health concerns among the global population have led them to opt for a healthier lifestyle and diet. Owing to this, a significant proportion of the population consumed jaggery powder in their daily diet. The availability of organic jaggery powder and continuous R&D investment by market players also boosts the selling of jaggery powder. However, the lack of knowledge of the availability and health benefits of jaggery powder among the population of few developing countries hinders market development. The market is expected to grow lucrative due to the growing demand for jaggery powder in the food processing industry for confectionery products, toffees, chocolates, chewing gums, etc.
MARKET SCOPE
The "Global Jaggery Powder Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the jaggery powder market with detailed market segmentation by nature, distribution channel, and geography. The global jaggery powder market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading jaggery powder market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global jaggery powder market is segmented on the basis of nature, and distribution channel. Based on nature, the global jaggery powder market is segmented into organic and conventional. Based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, convenience stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global jaggery powder market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The jaggery powder market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the jaggery powder market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the jaggery powder market in these regions.
MARKET PLAYERS
The reports cover key developments in the jaggery powder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Jaggery powder market are anticipated to lucrative growth opportunities in the future with the rising demand for Jaggery powder in the global market. Below mentioned is the list of few companies engaged in the Jaggery powder market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the Jaggery powder market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Jiva Organic Foods
- Sresta Natural Bioproducts Pvt. Ltd.
- Nutriorg
- Svatv
- Sampurn Organic Private Limited
- Organic Tattva
- Patanjali Ayurved
- Pro Nature Organic Foods (P) Ltd.
- Truefarm
- Miltop Exports
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.