Palm Sugar Market size was valued at USD 1.89 Bn in 2023. The total Palm Sugar Market revenue is expected to grow by 3.1% from 2024 to 2030, reaching nearly USD 2.34 Bn.
Palm sugar is produced by dehydrating palm sap. The palm tree holds both environmental and socio-economic significance. It requires minimal water for growth and helps restore damaged soil. Various parts of the palm tree, including the trunk, leaves, fruit, and seeds, are used to produce different products. The Palmyra palm yields more sugar than sugarcane. Palm sugar has been gaining global popularity due to its natural origin, health benefits, and minimal processing.