Global Panela Market Size study & Forecast, by Form (Solid, Liquid, Granulated) By Application (Confectionery, Bakery, Savory, Beverages) By Distribution Channel (Direct, Indirect) and Regional Analysis, 2023-2030

Description

List of Tables

Global Panela Market is valued approximately USD xxx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xxx% over the forecast period 2023-2030. Panela is a type of unrefined cane sugar that is made by boiling and evaporating sugar cane juice until it solidifies into a block or a paste. It is commonly used as a sweetener in Latin American cuisine and is known for its rich, caramel-like flavor with a slight molasses taste. The Panela market is expanding because of factors such as increasing demand for confectionery, sweets and chocolates and growing number of respiratory problems. Panela can be dissolved in hot water or milk to create a sweet syrup or liquid sweetener that can be used in beverages such as coffee, tea, and hot chocolate. Its importance has progressively increased during the last few decades.

According to the Statista, the chocolate confectionery business accounts approx. USD 0.99 trillion in revenue in 2021 and the revenue in this market is predicted to expand in the future years, reaching a value of USD 1.33 trillion by 2027. Furthermore, Consumer spending on sugar, confectionery, and ice cream in the United Kingdom reached approx. USD 15.85 billion in 2021. Another important factor driving the market is increase in respiratory problems. According to the World Health Organization, Chronic obstructive pulmonary disease is the world's third highest cause of mortality, accounting for about 3.23 million deaths in 2019. In addition, nearly 90% of COPD fatalities among individuals under the age of 70 come from low- and middle-income nations. Also, advancements in formulation and increasing health-conscious consumers would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Panela stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Panela Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the growing demand in confectionery, bakery, soft drinks, and many other sectors of food industry. According to the Statista, China shipped the most sweets, valued at about USD 990 million, among Asia-Pacific countries in 2021. India came in second with a value of USD 144.3 million that year. Also, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as the geographic expansion of key players in the market space.

Major market players included in this report are:

Agrancol
Civilized Coffee
Colibreeco
Ecological S. A. C.
Goya Foods, Inc.
Just Panela
Nela, LLC.
OBELO
Panela La Gloria
Pura Panela Ltd

Recent Developments in the Market:

In May 2021, International Molasses, a molasses and natural sweetener supplier, has launched CaneRite panela, a natural free-flowing powder sweetener created from the juice taken from the complete sugar cane plant. CaneRite panela is unprocessed and non-centrifuged, retaining all of the original flavour and nutritional advantages of the cane plant. It is currently available in the United States.

Global Panela Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Form, Application, Distribution Channel, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Form

Solid
Liquid
Granulated

By Application

Confectionery
Bakery
Savory
Beverages

By Distribution Channel

Direct
Indirect

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Panela Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Panela Market, by Form, 2020-2030 (USD Billion)
- 1.2.3. Panela Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Panela Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Panela Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Panela Market Dynamics

3.1. Panela Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand of confectionery, sweets and chocolates
  - 3.1.1.2. Growing number of respiratory problems
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Panela
- 3.1.3. Market Opportunities
  - 3.1.3.1. Advancements in Formulation
  - 3.1.3.2. Increasing health-conscious consumers

Chapter 4. Global Panela Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Panela Market, by Form

5.1. Market Snapshot
5.2. Global Panela Market by Form, Performance - Potential Analysis
5.3. Global Panela Market Estimates & Forecasts by Form 2020-2030 (USD Billion)
5.4. Panela Market, Sub Segment Analysis
- 5.4.1. Solid
- 5.4.2. Liquid
- 5.4.3. Granulated

Chapter 6. Global Panela Market, by Application

6.1. Market Snapshot
6.2. Global Panela Market by Application, Performance - Potential Analysis
6.3. Global Panela Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Panela Market, Sub Segment Analysis
- 6.4.1. Confectionery
- 6.4.2. Bakery
- 6.4.3. Savory
- 6.4.4. Beverages

Chapter 7. Global Panela Market, by Distribution Channel

7.1. Market Snapshot
7.2. Global Panela Market by Distribution Channel, Performance - Potential Analysis
7.3. Global Panela Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
7.4. Panela Market, Sub Segment Analysis
- 7.4.1. Direct
- 7.4.2. Indirect

Chapter 8. Global Panela Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Panela Market, Regional Market Snapshot
8.4. North America Panela Market
- 8.4.1. U.S. Panela Market
  - 8.4.1.1. Form breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Distribution Channel breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Panela Market
8.5. Europe Panela Market Snapshot
- 8.5.1. U.K. Panela Market
- 8.5.2. Germany Panela Market
- 8.5.3. France Panela Market
- 8.5.4. Spain Panela Market
- 8.5.5. Italy Panela Market
- 8.5.6. Rest of Europe Panela Market
8.6. Asia-Pacific Panela Market Snapshot
- 8.6.1. China Panela Market
- 8.6.2. India Panela Market
- 8.6.3. Japan Panela Market
- 8.6.4. Australia Panela Market
- 8.6.5. South Korea Panela Market
- 8.6.6. Rest of Asia Pacific Panela Market
8.7. Latin America Panela Market Snapshot
- 8.7.1. Brazil Panela Market
- 8.7.2. Mexico Panela Market
8.8. Middle East & Africa Panela Market
- 8.8.1. Saudi Arabia Panela Market
- 8.8.2. South Africa Panela Market
- 8.8.3. Rest of Middle East & Africa Panela Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Agrancol
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Civilized Coffee
- 9.3.3. Colibreeco
- 9.3.4. Ecological S. A. C.
- 9.3.5. Goya Foods, Inc.
- 9.3.6. Just Panela
- 9.3.7. Nela, LLC.
- 9.3.8. OBELO
- 9.3.9. Panela La Gloria
- 9.3.10. Pura Panela Ltd

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Panela Market, report scope
TABLE 2. Global Panela Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Panela Market estimates & forecasts by Form 2020-2030 (USD Billion)
TABLE 4. Global Panela Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Panela Market estimates & forecasts by Distribution Channel 2020-2030 (USD Billion)
TABLE 6. Global Panela Market estimates & forecasts by xyz 2020-2030 (USD Billion)
TABLE 7. Global Panela Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Panela Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Panela Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Panela Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Panela Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Panela Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Panela Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Panela Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Panela Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Panela Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Panela Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Panela Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Panela Market
TABLE 72. List of primary sources, used in the study of global Panela Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Panela Market, research methodology
FIG 2. Global Panela Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Panela Market, key trends 2022
FIG 5. Global Panela Market, growth prospects 2023-2030
FIG 6. Global Panela Market, porters 5 force model
FIG 7. Global Panela Market, pest analysis
FIG 8. Global Panela Market, value chain analysis
FIG 9. Global Panela Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Panela Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Panela Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Panela Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Panela Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Panela Market, regional snapshot 2020 & 2030
FIG 15. North America Panela Market 2020 & 2030 (USD Billion)
FIG 16. Europe Panela Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Panela Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Panela Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Panela Market 2020 & 2030 (USD Billion)