Global Coconut Milk Products Market 2021 (Includes Business Impact of COVID-19)

  • TBI203766
  • September 16, 2021
  • Global
  • 149 pages
  • Market.US
                                              

Report updated on 11th September, 2021: Global Coconut Milk Products Market 2021 (Includes Business Impact of COVID-19)

Global Coconut Milk Products Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global coconut milk products market report has been segmented on the basis of category, form, packaging type, distribution channel, and region. Request Covid - 19 Impact The global Coconut Milk Products market size was valued at USD$1.17 billion in 2020 and is projected to reach UDS$4.70 billion by 2030 is anticipated to expand at a CAGR of 14.43% over the forecast period from 2020 to 2030.

Global Coconut Milk Products Market: Overview

Coconut milk products are produced from the surface of matured coconuts and are useful in many industries such as food service industry, cosmetics and personal care products, retail use, food processing industry. Coconut milk products comprises of lite coconut milk, cream of coconut, coconut milk powder, and full fat coconut milk. Coconut milk are available in many different types such as canned, thick, and pure that is used in food applications. For intensifying the flavor and also the thickness of the dish and also it is used as an alternative for conventional milk and used in beverages industry. Coconut milk is also used in making of ice creams.

Global Coconut Milk Products Market: Dynamics

Increasing number of consumers who are shifting their diet towards vegan diets as it is healthier as compared to non-vegan diets is the major factor expected to drive the target market. In addition, increasing wellness and fitness awareness has led to consumers go for the products which are healthier and are more natural across the globe are some of the other factors expected to drive demand of the rice syrup. Furthermore, increasing demand for coconut milk products usage as alternates for dairy milk, especially in a number of sweet and savory dishes is among the other factor expected to drive the growth of the target market. However, over consumption of coconut milk can cause heart related sicknesses is among a major factor restraining the growth of the target market.

Global Coconut Milk Products Market: Segment Analysis

Among the category segments, organic segment is dominating in the global market in terms of revenue share. Due to changing lifestyle and increasing number of health conscious population. This is the factor expected to drive the growth of category segment. Among the form, powder is dominating in the global market in terms of revenue share. As it has more shelf life compared to other form. This is the factor expected to drive the growth of form segment. Among the packaging type segments, bottles segment is dominating in the global market in terms of revenue share. Among the distribution channel segments, store-based segment is dominating in the global market in terms of revenue share.

Global Coconut Milk Products Market: Regional Analysis

Currently, the market in North America accounts for the major market share and is likely to drive growth over the forecast period due to increasing shift of plant-based products and vegan diets coupled with increasing food-borne reactions and lactose restrictions among the population in the region. The market in Asia Pacific is expected to register as the fastest growing in terms of revenue share in the near future due to increasing number of manufacturers who are beginning coconut milk beverages including chilled coconut milk, coupled with increasing health consciousness among consumers are the factors which drive the growth of the target market in Asia Pacific region.

Global Coconut Milk Products Market Segmentation:

Segmentation by category:
  • Conventional
  • Organic
Segmentation by form:
  • Liquid
  • Powder
Segmentation by packaging type:
  • Bottles
  • Cans
  • Pouches
Segmentation by distribution channel:
  • Store-based
  • Non-store-based

Key Market Players included in the report:

  • Ahya Coco Organic Food Manufacturing
  • Asiatic Agro-Industry
  • Campbell Soup (Pacific Foods)
  • Celebes Coconut Corporation
  • Charoen Pokphand Foods
  • Chef’s Choice Food Manufacturer Company Ltd.
  • Coconut Palm Group
  • Dabur India Ltd
  • Danone S.A.
  • Ducoco Produtos AlimentIcios S/A
  • Fresh Fruit Ingredients Inc.
  • Goya Foods Incorporation
  • Grace Foods Canada Inc.
  • GraceKennedy Group
  • Heng Guan Food Industrial
  • J Mitra Sdn. Bhd.
  • M&S Food Industries
  • McCormick & Company, Inc.
  • Monty & Totco Corporation Limited
  • Nestle SA
  • Pacific Foods of Oregon
  • Primex Coco Products Incorporation
  • PT. Sari Segar Husada
  • Renuka Foods PLC
  • S&P International Holding Limited
  • Sambu Group
  • Santanku Sdn. Bhd.
  • Thai Agri Foods Public Co., Ltd.
  • Thai Coconut Public Company Limited
  • The padungporn Coconut
  • The WhiteWave Foods Company
  • Theppadungporn Coconut
  • Vita Coco
  • WhiteWave Foods

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Coconut Milk Products Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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