Coconut Milk Products Market Expected to Outshine to USD 1344.5 MN BY 2026
Posted On June 03, 2020
The Global Coconut Milk Products Market revenue is valued closely at USD 865.2 MN in 2019 and is anticipated to grow at USD 1344.5 MN by 2026 with a CAGR of 6.5% during the year 2020-2026 as per the report published by Value Market Research. The coconut milk products market is anticipated to flourish in the future in terms of value. With the exponential increase in people making a shift towards a vegan diet and plant-based diet, coconut milk products market is anticipated to witness favourable business prospects for food and beverage manufacturers. The health benefits supported by coconut milk products are capturing consumers’ interest at an accelerating pace. Coconut milk products offer several health advantages that include a high source of protein, improve digestion, lowers cholesterol levels, and more. Another key driver regulating the coconut milk products market globally is the rising demand for plant-based cosmetic and personal care products, the demands are reinforced by awareness about ill-effects caused by chemical-based cosmetic products. Thus, offering a nutrient-rich option for hydrating skin and hair.
Coconut milk is a thick, milky-white extract from the grated pulp of fully-ripe coconuts. The thickness, opaqueness and rich taste are accredited to its high oil content. It is used as a traditional food ingredient in multiple cuisines. Based on fat content, coconut milk is differentiated into several subtypes, cream, thin and skims. It is a fairly stable oil-in-water emulsion. Majorly, it is used is in food and beverages, cosmetics and personal care items, dietary supplements, and households, where the food and beverage application dominate its application.
The elaborate study "Global Coconut Milk Products Market Report By Nature (Organic And Conventional), Flavor Type (Sweetened And Unsweetened), Product Type (Full Fat Coconut Milk Products, Lite Coconut Milk Products, Refrigerated Coconut Milk Products, Cream Of Coconut, And Coconut Milk Products Powder), End-Use (Food And Beverage Manufacturers, Food Services, Cosmetics & Personal Care, And Retail) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" poses a refreshing view of the market taking into consideration all the aspects affecting the market. The report analyses the trends of the past years along with deeply studying the geo-political trends, thus authenticating the findings of the research and making it more reliable.
On the basis of nature the coconut milk products market is segmented into organic and conventional. By flavor type the market is segmented into sweetened and unsweetened. On the basis of product type the market is segmented into full fat coconut milk products, lite coconut milk products, refrigerated coconut milk products, cream of coconut, and coconut milk products powder. By end-use the market is segmented into food and beverage manufacturers, food services, cosmetics & personal care, and retail.
The regions - North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa are deeply studied with respect to all the coconut milk products market segments covered in the report. The regional research assists in taking informed decision related to the regional strategic plans.
The Report Segments Global Coconut Milk Products Market -
By Flavor Type
By Product Type
- Full Fat Coconut Milk Products
- Lite Coconut Milk Products (Low Fat)
- Refrigerated Coconut Milk Products
- Cream of Coconut
- Coconut Milk Products Powder
- Food and Beverage Manufacturers
- Food Services (HoReCa)
- Cosmetics & Personal Care
- Convenience Stores
- Specialty Sports Stores
- Food & Drink Specialty Stores
- Independent Small Groceries
- Online Retails
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Celebes Coconut Corporation, Charoen Pokphand Foods, Chef’s Choice Food Manufacturer Company Ltd., Ducoco Ailmentos SA, Fresh Fruit Ingredients Inc., Goya Foods, GraceKennedy Group, M&S Food Industries, Mc Cormick & Co., Pacific Foods of Oregon, Thai Agri Foods, Thai Coconut Public Company Limited, The Sambu Group, The Whitewave Foods Company, And Theppadungporn Agricultural Industry.
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