Uploaded on Sep 28, 2021
Coconut milk refers to the type of milk that is white in color and extracted from the flesh of mature coconuts. The milk is available in both thick and thin nature which depends on the maturity of the fruit. The coconut milk is extracted by squeezing the flesh of fresh coconuts and provide more fat than thin milk.
Coconut Milk Market What Factors are Affecting Growth and Demand of Industry ?
Coconut Milk Market | What Factors are Affecting
Growth and Demand of Industry?
Coconut Milk Market, By Nature (Organic and Conventional), Form (Powder and Liquid),
Packaging Type (Pouches, Bottles, Cans, Others), Product Type (Coconut Cream,
Coconut Milk Powder and Others), End Use (Food & Beverage Processing, Cosmetics &
Personal Care, Functional Food & Dietary Supplements, Food Services, and Household),
Distribution Channel (Convenience Stores, Supermarkets & Hypermarkets, Others),
Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France,
Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China,
India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand,
Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America,
U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa)
Industry Trends and Forecast to 2028.
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Market Analysis and Insights
Coconut milk refers to the type of milk that is white in color and extracted from the flesh
of mature coconuts. The milk is available in both thick and thin nature which depends on
the maturity of the fruit. The coconut milk is extracted by squeezing the flesh of fresh
coconuts and provide more fat than thin milk.
The increase in demand for plant-based food products across the globe acts as one of
the major factors driving the growth of coconut milk market. The rise in adoption of
coconut milk owning to its health benefits such as enhanced cardiac health, weight loss
and improved function of the immune system, and consumer preferences for a
vegetarian diet accelerate the market growth. The use of coconut milk products in
several food recipes, and rise in the vegan population due to increased concern about
the environment and animal’s further influence the market
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Major Key Players
Some of the major players operating in this market are :
• McCormick & Company, Inc.
• Theppadungporn Coconut Co. Ltd.
• Edward & Sons Trading Co.,
• iTi Tropicals,
• PACIFIC FOODS OF OREGON, LLC., Dabur
• Thai Agri Foods Public Company Limited,
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Market Segmentation
• By Nature (Organic and Conventional)
• By Packaging Type (Pouches, Bottles, Cans, Others)
• By End Use (Food & Beverage Processing, Cosmetics & Personal Care,
Functional Food & Dietary Supplements, Food Services, and Household)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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