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Coconut Flour Market is projected to value at US$ 720 Mn by 2027

06-18-2018 05:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Report Insights

Coconut Flour Market is projected to value at US$ 720 Mn by 2027

Coconut Flour Market Overview:

Coconut flour is a soft flour type product and made from the pulp of coconut, is a byproduct of made at the time of production of coconut milk. The pulp then dried out and ground into this spowdery flour. Increasing health issue, the coconut flour is used as an alternative of wheat flour across the world. Furthermore, increasing problem related to health such as hormonal deregulation, inflammation and weight gain is projected to propel the global coconut market due to its beneficial property over the slated time period. Moreover, coconut has contained minimum carbohydrate and high fiber, which anticipated to reduce the blood sugar level. In future instance, the global coconut flour market is estimated to grow with gigantic growth rate owing to increasing consumer of coconut flour across the world.

In terms of value, the global Coconut Flour Market is projected to value at US$ 380 Mn, exhibiting at CAGR of 66% during the forecast period and reach nearly 720 Mn by the end of 2027.

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Coconut Flour Market Segmentation:

Global Coconut Flour Market can be segmented on the basis of Product Type:

Low Fat High Fiber Flour
Medium Fat Flour
Whole Full Fat Flour
Global Coconut Flour Market can be segmented on the basis of End Use:

Industrial
Retail
Modern Trade
Convenience Store
E-retailers
Global coconut Flour Market can be segmented on the basis of Nature:

Conventional Flour
Organic Flour
Global Coconut Flour Market can be segmented on the basis of Technology:

Wet Process
Fresh Dry Process
Global Coconut Flour Market can be segmented on the basis of Application:

Baked Products
Bread
Cookies
Cakes
Snack Foods
Multi-Grain Chips
Polvoron
Kroepeck
Extruded Products
Animal Feed
Coconut Flour Market: Dynamics

The manufacturing cost for coconut flour is very cost effective, this can be lucrative opportunity for the new entrants to easily enter the market. Furthermore, the raw material to production of coconut flour is obtain from the byproduct of the of the coconut milk industry. Additional the equipment and process used in the manufacturing of coconut flour are very easy and cost effective which is anticipated to foster the global coconut flour market during the forecast period.

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Unfavorable climate condition for production of coconut, particularly in North America region is projected to hamper the market in the region during the forecast period. Moreover, developed country such as U.S., Brazil and others are importing coconut form India, Philippines and Indonesia. On the basis of research, almost 90% of the global supply of coconuts comes from Asia.

Coconut Flour Market: Regional Outlook

North America region is projected to be dominate in the global coconut flour market owing to increasing export of coconut flour in the region. On the basis of estimation more than 30% of consumer are focusing towards gluten free products. Europe is anticipated to second largest m market for the coconut flour owing to increase awareness pertaining to benefits properties of coconut flour. Latin America region is projected to grow with noteworthy growth rate owing to consumer are likely shifted towards healthy diet and benefits of coconut flour for instance antibacterial and antifungal properties. Middle East and Africa is projected to grow with sluggish growth rate owing to unfavorable climate condition for properly production of coconuts and lack of infrastructure in order to development of equipment and process for production of coconut flour. Asia Pacific region is projected to lucrative throughout the forecast period owing to increasing production of coconut during the forecast period.

Coconut Flour Market: Key Players

The key players for the global Coconut Flour Market are following:

Celebs Coconut Corporation
Nutrisure Ltd.
Nutiva, Inc.
Healthy Traditions
Bob’s Red Mill Natural Foods
Primex Coco Products Inc.
Smith Naturals
Connecticut Coconut Company
The Coconut Company
Van Amerongen & Son.

Report Analysis: https://www.researchreportinsights.com/report/rd/110114770/Coconut-Flour-Market

About Us:
Research Report Insights (RRI) is a leading market intelligence and consulting firm. We deliver a host of services including custom research reports, syndicated research reports, and consulting services which are personalised in nature. RRI delivers a complete packaged solution to clients; this combines current market intelligence, technology inputs, statistical anecdotes, valuable growth insights, 360-degree view of the competitive framework, and anticipated market trends.

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