Press release
Liquid Jaggery Market Is Poised To Expand At A High CAGR of 8.3% To Reach US$ 1.2 Billion by 2032
Worldwide consumption of liquid jaggery increased at 4.7% CAGR between 2017 and 2021 and currently stands at a market valuation of US$ 544.8 million.Detailed analysis by Fact.MR has revealed that the global liquid jaggery market size is poised to expand at a high CAGR of 8.3% to reach US$ 1.2 billion by the end of 2032.
Liquid jaggery is also known for its antioxidant and mineral-rich properties; as it includes zinc and selenium. Along with this, its sweet winey fragrance and tasty flavour amplify its use in sweet dishes.
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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.
Also, increasing production capacity by adopting inorganic strategies such as partnerships and mergers will help manufacturers drive their profit margins. Supplementing sales under the influence of various labels such as organic, iron-rich, antioxidant, etc., is a key path that can be followed for higher success in this market space.
• 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.
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Key Companies Profiled by Fact.MR
• Balaji Jaggery Farm
• Vinayak Jaggery Manufacturers
• Siddhagiri's Satvyk
• Dev Bhoomi Jaivik Krishi Utpad
• Sandeshwar Agro Producer company
• Phoennix Spices
• Dr. Jaggery's
• Agrohill farms products
• Shetkari Rajacha Gavran Gul
• Shree Varad agro-industry
• Green Leave International
Key Segments Covered in Liquid Jaggery Industry Research
• Liquid Jaggery Market by Source :
o Sugarcane Liquid Jaggery
o Date Palm Liquid Jaggery
• Liquid Jaggery Market by Processing Type :
o Natural Liquid Jaggery
o Refined Liquid Jaggery
o Others
• Liquid Jaggery Market by Sales Channel :
o Online Sales of Liquid Jaggery
Brand Websites
e-Commerce Websites
o Offline Sales of Liquid Jaggery
Hypermarkets/Supermarkets
Specialty Stores (Organic Stores)
Convenience Stores
D2C
• Liquid Jaggery Market by Region :
o North America
o Latin America
o Europe
o East Asia
o South Asia & Oceania
o MEA
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Questionnaire answered in the Liquid Jaggery Market report include:
• How the market for Liquid Jaggery has grown?
• What is the present and future outlook of the global Liquid Jaggery on the basis of region?
• What are the challenges and opportunities for the Liquid Jaggery?
• Why the consumption of Liquid Jaggery highest in region?
• In which year segment is expected to overtake segment?
What makes Fact.MR report stand out from others?
• MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Liquid Jaggery market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
• Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Liquid Jaggery market, thus, making it different and special from other reports.
• Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
• Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Liquid Jaggery market and assists to create strategies to overcome the obstacles that may hinder the growth of the Liquid Jaggery market.
• Leverage: The Liquid Jaggery market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
• Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
• Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Liquid Jaggery market.
Explore Fact.MR's More Insights on the Food & Beverage Domain
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