Global Panela Market size was valued at USD 9.3 Billion in 2023 and the total Panela revenue is expected to grow by 5.2% from 2024 to 2030, reaching nearly USD 13.26 Billion in 2030.Panela Market Overview
The panela market is witnessing strong growth driven by its appeal as a natural and traditional sweetener alternative. As consumers increasingly prioritize clean label and natural ingredients, panela's unrefined nature and minimal processing make it an attractive choice. Its distinct flavor profile and versatility contribute to its extensive application in various industries such as food and beverage, confectionery, and bakery. Additionally, the market benefits from the rising demand for authentic and traditional food products. Advancements in production and processing techniques have improved the quality and efficiency of panela, while sustainable practices align with consumers' ethical and environmental concerns. With the growing adoption of healthier and more natural alternatives, the panela market is set to expand further, driving innovation in the sweetener industry and meeting consumer preferences for genuine and clean-label ingredients.To know about the Research Methodology :- Request Free Sample Report
Panela Market Dynamics
Driving Forces behind the Growth of the Panela Market: Technology, Health-conscious Consumers, and Sustainability The panela market is experiencing significant growth, driven by key factors such as technological advancements, the increasing demand for natural and healthier sweeteners, and a focus on sustainability. Technological advancements have revolutionized panela production, improving efficiency, quality, and distribution. Advanced techniques for sugarcane harvesting, juice extraction, and packaging have led to higher yields and extended shelf life. Rising consumer demand for natural and healthier sweeteners has fueled the growth of the panela market. Health-conscious individuals seeking alternatives to refined sugars and artificial sweeteners are turning to panela due to its minimal processing and higher nutrient content. Its natural and authentic appeal resonates with those who prioritize their well-being. Sustainability is another driving force in the panela market. Traditional panela production methods, passed down through generations, emphasize manual labor and sustainable farming practices. This approach supports rural economies and reduces the environmental impact associated with industrial sugar refining. Sugarcane cultivation for panela production also contributes to carbon sequestration. Unlocking Growth Opportunities in the Panela Market: Clean-Label, Innovation, and Global Expansion The panela market presents growth opportunities for manufacturers through clean-label products, innovation, and global expansion. Consumer demand for clean-label and natural sweeteners has driven the popularity of panela, a minimally processed cane sugar. Manufacturers can tap into this trend by offering clean-label panels derived from natural sources. The versatility of panela allows for Form innovation, enabling manufacturers to develop unique Flavours, textures, and nutritional profiles that cater to evolving consumer preferences. Emerging economies in Asia-Pacific and South America provide a promising market for panela, as there is a growing demand for natural and traditional sweeteners. Manufacturers can expand their presence in these regions by adapting their offerings to suit local needs and preferences. By capitalizing on clean-label attributes, fostering innovation, and pursuing global expansion, manufacturers can unlock the growth potential of the panela market and establish themselves as leaders in the industry.Overcoming Restraints and Challenges in the Panela Market: Technological Limitations, Consumer Perception, and Supply Chain Complexities The panela market faces various restraints and challenges that require careful consideration and strategic actions to overcome. Technological limitations pose a hurdle, as certain processes in panela production may have efficiency or consistency issues. Continued research and development efforts are needed to enhance production techniques and address these limitations. Consumer perception and acceptance are crucial factors affecting the panela market. Some consumers may hold misconceptions or reservations about panela's authenticity, quality, or health benefits compared to other sweeteners. Building consumer trust through transparent communication, education about panela's natural and traditional attributes, and highlighting its nutritional advantages are vital for expanding consumer acceptance and increasing market penetration. Specialized Enzymes and Clean-Label Focus: Driving Market Trends in the Panela Industry The panela industry is experiencing significant market trends driven by specialized enzymes and a growing emphasis on clean-label and natural appeal. Manufacturers are investing in research and development to create innovative enzyme solutions that optimize panela production processes, improving efficiency and overall Form quality. These enzymes enable enhanced extraction, clarification, and crystallization, resulting in a high-quality final product. Additionally, the industry is responding to consumer demands for clean-label and natural products by promoting panela's minimal processing and nutrient-rich properties. This aligns with the broader trend of seeking transparency and sustainability in food choices. By leveraging specialized enzymes and emphasizing clean-label and natural appeal, the panela industry is poised for growth and positioned to meet the evolving preferences of consumers who seek authentic, sustainable, and high-quality sweeteners.
Panela Market Segmentation
By Form: The form segment in the panela market focuses on the different forms in which panela is available, including solid blocks, granules, liquid syrups, and powdered forms. Solid blocks of panela are the most commonly used form, accounting for a significant market share due to their traditional and convenient usage. Granulated panela is also popular, offering ease of portioning and dissolving. Liquid syrups are gaining traction as a convenient option for sweetening beverages and sauces. Powdered panela provides versatility and ease of incorporation in various food and beverage applications.By Application: The application segment in the panela market highlights the diverse uses of panela across different food and beverage products. It includes applications such as bakery and confectionery, beverages, desserts, sauces and dressings, and others. In the bakery and confectionery sector, panela is utilized as a natural sweetener in bread, cakes, cookies, and chocolates. It is used to sweeten teas, coffees, smoothies, and other non-alcoholic drinks. Panela finds application in desserts like puddings, ice creams, and custards. It is also used in the preparation of sauces and dressings, providing a unique flavor profile. Additionally, panela finds application in various other food products where a natural and traditional sweetener is desired.
Panela Market Regional Insight
The panela market is witnessing significant growth, particularly in the Asia-Pacific region, where increasing health consciousness and a shift towards natural sweeteners are driving demand. Countries such as India, China, and Thailand are emerging as key players in the panela market, propelled by a growing preference for organic and traditional sweeteners over refined sugars. This region's rich agricultural landscape supports the cultivation of sugarcane, facilitating local production of panela and fostering a vibrant market. Additionally, the rising trend of incorporating natural ingredients in food and beverages aligns with the increasing awareness of the health benefits associated with panela, such as its low glycemic index and nutrient content. The food and beverage industry in Asia-Pacific is rapidly adopting panela as a natural sweetener, further boosting its popularity. Moreover, expanding retail channels and e-commerce platforms are enhancing accessibility, allowing consumers to easily obtain Panela products. As the market evolves, collaborations between local farmers and producers are promoting sustainable practices and supporting rural economies, ensuring a steady supply of high-quality panela. Overall, the Asia-Pacific region is set to dominate the panela market, leveraging its agricultural resources and shifting consumer preferences toward healthier, natural alternatives. Panela Market Competitive Landscape The detailed report on the panela market includes a comprehensive analysis of each company's SWOT analysis, financial performance, and other relevant factors. It provides insights into the companies' internal strengths and weaknesses, external opportunities and threats, and financial stability. The report enables stakeholders to assess the market dynamics, make informed business decisions, and identify growth opportunities. Several major players have emerged in the dairy enzyme market, each employing various strategies to enhance their market presence and solidify their positions. These key players include ASR Group (United States), Sudzucker AG (Germany), Cosan Limited (Brazil) and EID Parry (India). They have demonstrated their commitment to the industry through substantial investments in research and development initiativesPanela Market Scope : Inquire Before Buying
Global Panela Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 9.3 Bn. Forecast Period 2024 to 2030 CAGR: 5.2% Market Size in 2030: USD 13.26 Bn. Segments Covered: by Form Solid blocks Granules Liquid syrups Powdered forms by Application Bakery and confectionery Beverages Desserts Sauces and dressings Others by Distribution Channel Direct sales Indirect Sale Panela Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Panela Market, Key Players
1. Manduvira Cooperative 2. CoopeVictoria 3. La Panela by Clara 4. Pura Panela 5. OBELO 6. Organic rainforests 7. La Compania Azucarera Valdez 8. EID Parry (India) 9. Balrampur Chini Mills 10. Rapunzel Naturkost 11. Eclipse Organics 12. Little Farms 13. Nela, LLC. 14. Agrancol 15. ASR Group 16. GoodFor 17. Plum Organics 18. Essential Trading Ltd 19. Naked Foods 20. Burlap & Barrel 21. Iberia Foods 22. Others Key Players Frequently Asked Questions: 1] What is the growth rate of the Global Panela Market? Ans. The Global Panela Market is growing at a significant rate of 5.7% during the forecast period. 2] Which region is expected to dominate the Global Panela Market? Ans. The South American region is expected to dominate the Panela Market during the forecast period. 3] What is the expected Global Panela Market size by 2030? Ans. The Panela market size is expected to reach USD 13.26 Bn by 2030. 4] Which are the segments of the Global Market? Ans. The global panel market is segmented into form, application, distribution channel, and region.
1. Panela Market: Research Methodology 2. Panela Market Introduction 2.1 Study Assumption and Market Definition 2.2 Scope of the Study 2.3 Executive Summary 3. Global Panela Market: Competitive Landscape 3.1 MMR Competition Matrix 3.2 Competitive Landscape 3.3 Key Players Benchmarking 3.3.1 Company Name 3.3.2 Form Segment 3.3.3 Distribution Channel Segment 3.3.4 Revenue (2023) 3.3.5 Manufacturing Locations 3.4 Market Structure 3.4.1 Market Leaders 3.4.2 Market Followers 3.4.3 Emerging Players 3.5 Mergers and Acquisitions Details 4. Panela Market: Dynamics 4.1 Panela Market Trends 4.2 Panela Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.2.4 Challenges 4.3 PORTER’s Five Forces Analysis 4.3.1 Bargaining Power of Suppliers 4.3.2 Bargaining Power of Buyers 4.3.3 Threat Of New Entrants 4.3.4 Threat Of Substitutes 4.3.5 Intensity Of Rivalry 4.4 PESTLE Analysis 4.5 Value Chain Analysis 4.6 Regulatory Landscape by Region 4.6.1 North America 4.6.2 Europe 4.6.3 Asia Pacific 4.6.4 Middle East and Africa 4.6.5 South America 4.7 Technological Road Map 4.8 Consumer Preferences and Demand Analysis 4.9 Panela Industry : Trade Analysis 5. Global Panela Market: Global Market Size and Forecast by Segmentation (Value) (2023-2030) 5.1 Global Panela Market Size and Forecast, By Form (2023-2030) 5.1.1 Solid blocks 5.1.2 Granules 5.1.3 Liquid syrups 5.1.4 Powdered forms 5.2 Global Panela Market Size and Forecast, By Application (2023-2030) 5.2.1 Bakery and confectionery 5.2.2 Beverages 5.2.3 Desserts 5.2.4 Sauces and dressings 5.2.5 Others 5.3 Global Panela Market Size and Forecast, By Distribution Channel (2023-2030) 5.3.1 Online 5.3.2 Offline 5.4 Global Panela Market Size and Forecast, by Region (2023-2030) 5.4.1 North America 5.4.2 Europe 5.4.3 Asia Pacific 5.4.4 Middle East and Africa 5.4.5 South America 6. North America Panela Market Size and Forecast by Segmentation (Value) (2023-2030) 6.1 North America Panela Market Size and Forecast, By Form (2023-2030) 6.1.1 Solid blocks 6.1.2 Granules 6.1.3 Liquid syrups 6.1.4 Powdered forms 6.2 North America Panela Market Size and Forecast, By Application (2023-2030) 6.2.1 Bakery and confectionery 6.2.2 Beverages 6.2.3 Desserts 6.2.4 Sauces and dressings 6.2.5 Others 6.3 North America Panela Market Size and Forecast, By Distribution Channel (2023-2030) 6.3.1 Online 6.3.2 Offline 6.4 North America Panela Market Size and Forecast, by Country (2023-2030) 6.4.1 United States 6.4.1.1 United States Panela Market Size and Forecast, By Form (2023-2030) 6.4.1.1.1 Solid blocks 6.4.1.1.2 Granules 6.4.1.1.3 Liquid syrups 6.4.1.1.4 Powdered forms 6.4.1.2 United States Panela Market Size and Forecast, By Application (2023-2030) 6.4.1.2.1 Bakery and confectionery 6.4.1.2.2 Beverages 6.4.1.2.3 Desserts 6.4.1.2.4 Sauces and dressings 6.4.1.2.5 Others 6.4.1.3 United States Panela Market Size and Forecast, By Distribution Channel (2023-2030) 6.4.1.3.1 Online 6.4.1.3.2 Offline 6.4.2 Canada 6.4.2.1 Canada Panela Market Size and Forecast, By Form (2023-2030) 6.4.2.1.1 Solid blocks 6.4.2.1.2 Granules 6.4.2.1.3 Liquid syrups 6.4.2.1.4 Powdered forms 6.4.2.2 Canada Panela Market Size and Forecast, By Application (2023-2030) 6.4.2.2.1 Bakery and confectionery 6.4.2.2.2 Beverages 6.4.2.2.3 Desserts 6.4.2.2.4 Sauces and dressings 6.4.2.2.5 Others 6.4.2.3 Canada Panela Market Size and Forecast, By Distribution Channel (2023-2030) 6.4.2.3.1 Online 6.4.2.3.2 Offline 6.4.3 Mexico 6.4.3.1 Mexico Panela Market Size and Forecast, By Form (2023-2030) 6.4.3.1.1 Solid blocks 6.4.3.1.2 Granules 6.4.3.1.3 Liquid syrups 6.4.3.1.4 Powdered forms 6.4.3.2 Mexico Panela Market Size and Forecast, By Application (2023-2030) 6.4.3.2.1 Bakery and confectionery 6.4.3.2.2 Beverages 6.4.3.2.3 Desserts 6.4.3.2.4 Sauces and dressings 6.4.3.2.5 Others 6.4.3.3 Mexico Panela Market Size and Forecast, By Distribution Channel (2023-2030) 6.4.3.3.1 Online 6.4.3.3.2 Offline 7. Europe Panela Market Size and Forecast by Segmentation (Value) (2023-2030) 7.1 Europe Panela Market Size and Forecast, By Form (2023-2030) 7.2 Europe Panela Market Size and Forecast, By Application (2023-2030) 7.3 Europe Panela Market Size and Forecast, By Distribution Channel (2023-2030) 7.4 Europe Panela Market Size and Forecast, by Country (2023-2030) 7.4.1 United Kingdom 7.4.1.1 United Kingdom Panela Market Size and Forecast, By Form (2023-2030) 7.4.1.2 United Kingdom Panela Market Size and Forecast, By Application (2023-2030) 7.4.1.3 United Kingdom Panela Market Size and Forecast, By Distribution Channel (2023-2030) 7.4.2 France 7.4.2.1 France Panela Market Size and Forecast, By Form (2023-2030) 7.4.2.2 France Panela Market Size and Forecast, By Application (2023-2030) 7.4.2.3 France Panela Market Size and Forecast, By Distribution Channel (2023-2030) 7.4.3 Germany 7.4.3.1 Germany Panela Market Size and Forecast, By Form (2023-2030) 7.4.3.2 Germany Panela Market Size and Forecast, By Application (2023-2030) 7.4.3.3 Germany Panela Market Size and Forecast, By Distribution Channel (2023-2030) 7.4.4 Italy 7.4.4.1 Italy Panela Market Size and Forecast, By Form (2023-2030) 7.4.4.2 Italy Panela Market Size and Forecast, By Application (2023-2030) 7.4.4.3 Italy Panela Market Size and Forecast, By Distribution Channel (2023-2030) 7.4.5 Spain 7.4.5.1 Spain Panela Market Size and Forecast, By Form (2023-2030) 7.4.5.2 Spain Panela Market Size and Forecast, By Application (2023-2030) 7.4.5.3 Spain Panela Market Size and Forecast, By Distribution Channel (2023-2030) 7.4.6 Sweden 7.4.6.1 Sweden Panela Market Size and Forecast, By Form (2023-2030) 7.4.6.2 Sweden Panela Market Size and Forecast, By Application (2023-2030) 7.4.6.3 Sweden Panela Market Size and Forecast, By Distribution Channel (2023-2030) 7.4.7 Austria 7.4.7.1 Austria Panela Market Size and Forecast, By Form (2023-2030) 7.4.7.2 Austria Panela Market Size and Forecast, By Application (2023-2030) 7.4.7.3 Austria Panela Market Size and Forecast, By Distribution Channel (2023-2030) 7.4.8 Rest of Europe 7.4.8.1 Rest of Europe Panela Market Size and Forecast, By Form (2023-2030) 7.4.8.2 Rest of Europe Panela Market Size and Forecast, By Application (2023-2030). 7.4.8.3 Rest of Europe Panela Market Size and Forecast, By Distribution Channel (2023-2030) 8. Asia Pacific Panela Market Size and Forecast by Segmentation (Value) (2023-2030) 8.1 Asia Pacific Panela Market Size and Forecast, By Form (2023-2030) 8.2 Asia Pacific Panela Market Size and Forecast, By Application (2023-2030) 8.3 Asia Pacific Panela Market Size and Forecast, By Distribution Channel (2023-2030) 8.4 Asia Pacific Panela Market Size and Forecast, by Country (2023-2030) 8.4.1 China 8.4.1.1 China Panela Market Size and Forecast, By Form (2023-2030) 8.4.1.2 China Panela Market Size and Forecast, By Application (2023-2030) 8.4.1.3 China Panela Market Size and Forecast, By Distribution Channel (2023-2030) 8.4.2 South Korea 8.4.2.1 S Korea Panela Market Size and Forecast, By Form (2023-2030) 8.4.2.2 S Korea Panela Market Size and Forecast, By Application (2023-2030) 8.4.2.3 S Korea Panela Market Size and Forecast, By Distribution Channel (2023-2030) 8.4.3 Japan 8.4.3.1 Japan Panela Market Size and Forecast, By Form (2023-2030) 8.4.3.2 Japan Panela Market Size and Forecast, By Application (2023-2030) 8.4.3.3 Japan Panela Market Size and Forecast, By Distribution Channel (2023-2030) 8.4.4 India 8.4.4.1 India Panela Market Size and Forecast, By Form (2023-2030) 8.4.4.2 India Panela Market Size and Forecast, By Application (2023-2030) 8.4.4.3 India Panela Market Size and Forecast, By Distribution Channel (2023-2030) 8.4.5 Australia 8.4.5.1 Australia Panela Market Size and Forecast, By Form (2023-2030) 8.4.5.2 Australia Panela Market Size and Forecast, By Application (2023-2030) 8.4.5.3 Australia Panela Market Size and Forecast, By Distribution Channel (2023-2030) 8.4.6 Indonesia 8.4.6.1 Indonesia Panela Market Size and Forecast, By Form (2023-2030) 8.4.6.2 Indonesia Panela Market Size and Forecast, By Application (2023-2030) 8.4.6.3 Indonesia Panela Market Size and Forecast, By Distribution Channel (2023-2030) 8.4.7 Malaysia 8.4.7.1 Malaysia Panela Market Size and Forecast, By Form (2023-2030) 8.4.7.2 Malaysia Panela Market Size and Forecast, By Application (2023-2030) 8.4.7.3 Malaysia Panela Market Size and Forecast, By Distribution Channel (2023-2030) 8.4.8 Vietnam 8.4.8.1 Vietnam Panela Market Size and Forecast, By Form (2023-2030) 8.4.8.2 Vietnam Panela Market Size and Forecast, By Application (2023-2030) 8.4.8.3 Vietnam Panela Market Size and Forecast, By Distribution Channel (2023-2030) 8.4.9 Taiwan 8.4.9.1 Taiwan Panela Market Size and Forecast, By Form (2023-2030) 8.4.9.2 Taiwan Panela Market Size and Forecast, By Application (2023-2030) 8.4.9.3 Taiwan Panela Market Size and Forecast, By Distribution Channel (2023-2030) 8.4.10 Bangladesh 8.4.10.1 Bangladesh Panela Market Size and Forecast, By Form (2023-2030) 8.4.10.2 Bangladesh Panela Market Size and Forecast, By Application (2023-2030) 8.4.10.3 Bangladesh Panela Market Size and Forecast, By Distribution Channel (2023-2030) 8.4.11 Pakistan 8.4.11.1 Pakistan Panela Market Size and Forecast, By Form (2023-2030) 8.4.11.2 Pakistan Panela Market Size and Forecast, By Application (2023-2030) 8.4.11.3 Pakistan Panela Market Size and Forecast, By Distribution Channel (2023-2030) 8.4.12 Rest of Asia Pacific 8.4.12.1 Rest of Asia Pacific Panela Market Size and Forecast, By Form (2023-2030) 8.4.12.2 Rest of Asia Pacific Panela Market Size and Forecast, By Application (2023-2030) 8.4.12.3 Rest of Asia Pacific Panela Market Size and Forecast, By Distribution Channel (2023-2030) 9. Middle East and Africa Panela Market Size and Forecast by Segmentation (Value) (2023-2030) 9.1 Middle East and Africa Panela Market Size and Forecast, By Form (2023-2030) 9.2 Middle East and Africa Panela Market Size and Forecast, By Application (2023-2030) 9.3 Middle East and Africa Panela Market Size and Forecast, By Distribution Channel (2023-2030) 9.4 Middle East and Africa Panela Market Size and Forecast, by Country (2023-2030) 9.4.1 South Africa 9.4.1.1 South Africa Panela Market Size and Forecast, By Form (2023-2030) 9.4.1.2 South Africa Panela Market Size and Forecast, By Application (2023-2030) 9.4.1.3 South Africa Panela Market Size and Forecast, By Distribution Channel (2023-2030) 9.4.2 GCC 9.4.2.1 GCC Panela Market Size and Forecast, By Form (2023-2030) 9.4.2.2 GCC Panela Market Size and Forecast, By Application (2023-2030) 9.4.2.3 GCC Panela Market Size and Forecast, By Distribution Channel (2023-2030) 9.4.3 Egypt 9.4.3.1 Egypt Panela Market Size and Forecast, By Form (2023-2030) 9.4.3.2 Egypt Panela Market Size and Forecast, By Application (2023-2030) 9.4.3.3 Egypt Panela Market Size and Forecast, By Distribution Channel (2023-2030) 9.4.4 Nigeria 9.4.4.1 Nigeria Panela Market Size and Forecast, By Form (2023-2030) 9.4.4.2 Nigeria Panela Market Size and Forecast, By Application (2023-2030) 9.4.4.3 Nigeria Panela Market Size and Forecast, By Distribution Channel (2023-2030) 9.4.5 Rest of ME&A 9.4.5.1 Rest of ME&A Panela Market Size and Forecast, By Form (2023-2030) 9.4.5.2 Rest of ME&A Panela Market Size and Forecast, By Application (2023-2030) 9.4.5.3 Rest of ME&A Panela Market Size and Forecast, By Distribution Channel (2023-2030) 10. South America Panela Market Size and Forecast by Segmentation (Value) (2023-2030) 10.1 South America Panela Market Size and Forecast, By Form (2023-2030) 10.2 South America Panela Market Size and Forecast, By Application (2023-2030) 10.3 South America Panela Market Size and Forecast, By Distribution Channel (2023-2030) 10.4 South America Panela Market Size and Forecast, by Country (2023-2030) 10.4.1 Brazil 10.4.1.1 Brazil Panela Market Size and Forecast, By Form (2023-2030) 10.4.1.2 Brazil Panela Market Size and Forecast, By Application (2023-2030) 10.4.1.3 Brazil Panela Market Size and Forecast, By Distribution Channel (2023-2030) 10.4.2 Argentina 10.4.2.1 Argentina Panela Market Size and Forecast, By Form (2023-2030) 10.4.2.2 Argentina Panela Market Size and Forecast, By Application (2023-2030) 10.4.2.3 Argentina Panela Market Size and Forecast, By Distribution Channel (2023-2030) 10.4.3 Rest Of South America 10.4.3.1 Rest Of South America Panela Market Size and Forecast, By Form (2023-2030) 10.4.3.2 Rest Of South America Panela Market Size and Forecast, By Application (2023-2030) 10.4.3.3 Rest Of South America Panela Market Size and Forecast, By Distribution Channel (2023-2030) 11. Company Profile: Key Players 11.1 Manduvira Cooperative 11.1.1 Company Overview 11.1.2 Business Portfolio 11.1.3 Financial Overview 11.1.4 SWOT Analysis 11.1.5 Strategic Analysis 11.1.6 Scale of Operation (small, medium, and large) 11.1.7 Details on Partnership 11.1.8 Regulatory Accreditations and Certifications Received by Them 11.1.9 Awards Received by the Firm 11.1.10 Recent Developments 11.2 CoopeVictoria 11.3 La Panela by Clara 11.4 Pura Panela 11.5 OBELO 11.6 Organic rainforests 11.7 La Compania Azucarera Valdez 11.8 EID Parry (India) 11.9 Balrampur Chini Mills 11.10 Rapunzel Naturkost 11.11 Eclipse Organics 11.12 Little Farms 11.13 Nela, LLC. 11.14 Agrancol 11.15 ASR Group 11.16 GoodFor 11.17 Plum Organics 11.18 Essential Trading Ltd 11.19 Naked Foods 11.20 Burlap & Barrel 11.21 Iberia Foods 11.22 Others Key Players 12. Key Findings and Analyst Recommendations 13. Terms and Glossary