Press release
Coconut Milk Market In-Depth Research on Market Dynamics, Applications & Emerging Growth Factors
Global coconut milk market is expected to register a healthy CAGR of 16.8% in the forecast period of 2019-2026. Increasing adoption of coconut milk in cosmetic industry, is the major factor for the growth of the market.
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Global 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) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Complete report on Global Coconut Milk Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Coconut Milk Market
Coconut milk is milky, white in color, which is extracted from the flesh of mature coconuts. Coconut milk can be available in thick or thin nature. With the help of mature coconuts the thick milk can be obtained. This is extracted by squeezing the flesh of fresh coconuts. Thick milk provides more fat than thin milk. Coconut oil is used in preparation of baked goodies, ice creams, coconut whipped cream and many more delicious products. Coconut milk has major health benefits such as it weight loss, improves cardiac health and enhances the function of the immune system.
Key Questions Answered in Global Coconut Milk Market Report:-
Our Report offers:-
What will the market growth rate, Overview and Analysis by Type of Global Coconut Milk Market in 2026?
What are the key factors driving, Analysis by Applications and Countries Global Coconut Milk Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Coconut Milk Market?
Who are Opportunities, Risk and Driving Force of Global Coconut Milk Market?
Who are the opportunities and threats faced by the vendors in Global Coconut Milk Market? Business Overview by Type, Applications, Gross Margin and Market Share
What are the Global Coconut Milk Market opportunities, market risk and market overview of the Market?
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Top Key Players:
Goya Foods Inc.,
Pureharvest,
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,
ThaiCoconut public company(limited),
Danone,
Celebes Coconut Corporation,
Asiatic Agro Industry Co. Ltd.,
SARI SEGAR HUSADA,
SOCOCO,
Ahya Coco Organic Food Manufacturing Corp.
Heng Guan Food Industrial Pte Ltd,
The WhiteWave Foods Company
among others.
Market Drivers:
Rising demand for plant-based food products will drive the market growth
Increasing adoption of coconut milk products in several food recipes is another factor boosting the market growth
Increasing prevalence of lactose intolerance in North America and Europe will boost the market
Growing awareness about the health benefits of coconut milk will also fuel the growth of the market in the forecast period
Market Restraints:
Increasing allergies due to high consumption of coconut milk will hamper the growth of market
Availability of substitutes to coconut milk such as spiced milk, soy milk, and yoghurt hinders the market growth
High cost of coconut milk as compared to dairy milk is another factor restraining the growth of this market
Key Developments in the Market:
In December 2018, Danone introduced Oikos made with coconut milk which is plant based yogurt product for children. This will help to increase the product portfolio as well as revenue of a company
In July 2017, Vita coco had launched innovative dairy alternative which consist of low-calorie and low-fat coconut milk. The new product was intended to fulfill the requirements of health conscious consumers. This launch will help to increase the growth of coconut water, milk and oil categories further enhancing the. product line and profit margin of the company
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Market Segmentations:
Global Coconut Milk Market is segmented on the basis of
Nature
Form
Packaging Type
Product Type
End-User
Distribution Channel
Geography
Market Segmentations in Details:
By Nature
Organic
Conventional
By Form
Powder
Liquid
By Packaging Type
Pouches
Bottles
Cans
Others
By Product Type
Coconut Cream
Coconut Milk Powder
Others
By End Use
Food & Beverage Processing
Cosmetics & Personal Care
Functional Food & Dietary Supplements
Food Services
Household
By Distribution Channel
Convenience Stores
Supermarkets & Hypermarkets
Others
By Geography
North America
US.
Canada,
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
South America
Brazil
Rest of South America
Middle East & Africa
South Africa
Saudi Arabia
UAE
Rest of MEA
Competitive Analysis: Global Coconut Milk Market
Global coconut milk market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of coconut milk for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: corporatesales@databridgemarketresearch.com
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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