Coconut Milk Powder Market Overview, Driving Factors, Key Players and Growth Opportunities by 2026

According to IMARC Group's latest report, titled "Coconut Milk Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global coconut milk powder market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 10% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Coconut milk powder is extracted from fresh coconut milk. It is dried to extend its shelf life while retaining the natural aroma and flavor of the fresh counterpart. It is rich in nutritional content and is widely utilized across the food and beverages sector in the preparation of coffee, yogurt, sauces, curries, smoothies and ice creams.

Market Trends and Drivers:

The coconut milk powder market is primarily driven by the increasing awareness regarding the health benefits of coconut milk powder. This, along with the rich taste of the product, has facilitated its utilization in the preparation of numerous cuisines across the globe, thereby creating a positive outlook for the market. The market is further driven by the introduction of vegan, gluten-free and non-genetically modified organism (GMO) product variants in the market by the key players to cater to the evolving preferences of the masses. Moreover, easy product availability through online and offline organized retail channels is also providing an impetus to the market growth. Some of the other factors contributing to the market growth include considerable growth in the food and beverages sector and the inflating disposable income levels of the masses.

Coconut Milk Powder Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the coconut milk powder market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Anthony's Goods (ACH Food Companies Inc.)
Healthworks
Bramble Berry Inc.
Nestle S.A.
King Arthur Flour Company Inc.
Enerhealth Botanicals LLC
BareOrganics
KOS Naturals
Dr. Ben Kim Natural Health Solutions
Grace Foods Canada Inc.

Key Market Segmentation:

The report has segmented the coconut milk powder market on the basis of product, type, packaging type, application, distribution channel and region.

Breakup by Product:

Conventional
Organic

Breakup by Type:

Sweetened
Unsweetened

Breakup by Packaging Type:

Pouches
Cartons
Bottles
Others

Breakup by Application:

Beverages
Savories
Bakery & Confectionery
Dairy & Frozen Products
Others

Breakup by Distribution Channel:

B2B
B2C
Supermarkets and Hypermarkets
Convenience Stores
Online Retailers
Others

Breakup by Region:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

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Key Highlights of the Report:

Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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