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Global Coconut Milk Market to Reach a value of USD 1.77 billion by 2028

09-08-2022 11:29 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: SkyQuest Technology

Global coconut milk market was valued at USD 1 billion in 2021, and it is expected to reach a value of USD 1.77 billion by 2028, at a CAGR of 8.58 % over the forecast period (2022-2028).

Global coconut milk market is driven by the growing popularity of Asian Cuisine, plant-based foods, vegan diet and increasing population of people adopting these diets in their lifestyles. Moreover, coconut milk is also being used in the cosmetic industry for skin and hair care products which will also impact the market positively.
Coconut pulp is used to create coconut milk, an opaque, milky-white liquid. A common culinary component found in Southeast Asian, Oceania, South Asian, and East African cuisines is coconut milk. Several widely used Southeast Asian beverages contain coconut milk as an ingredient. A typical iced beverage called centol is made with chilled coconut milk. In Indonesia, it is also used to make a variety of hot drinks. Coconut milk products are used to make watered-down beverages in southern China. In addition, the market will benefit from a number of economic reasons, including an increase in the proportion of working women, changing lifestyles, increased disposable income, rising urbanisation, and so forth.

Get Detailed Information Here:
https://skyquestt.com/report/coconut-milk-market

Opportunities for the sale of coconut milk products will soar as a result of the increased demand for processed foods. Today manufacturers in the food processing sector are most focused on are improving nutritional content and preserving product quality. A product's entire quality can be significantly impacted by the spoiling of a single ingredient. As a result of their high nutritional value and lengthy shelf life, coconut milk products are a wise choice, which is adding fuel to the growth of the coconut milk market.
Read market research report, "Global Coconut Milk Market By Nature (offset organic and conventional), By Form (liquid and powder), By Distribution Channel (supermarkets/hypermarkets, convenience stores, grocery stores, and online retail) & By Region (North America, Europe, Asia-Pacific, South America, and MEA)-Forecast and Analysis for 2022-2028" by SkyQuest.

Global coconut milk market has benefited from rising awareness of about increasing prevalence of lifestyle associate diseases and poor dietary habits. As a result, people are now more prepared to pay for meals that offer a variety of health advantages. Therefore, in the eyes of the consumers', coconut milk-based products are healthier than those that have flavourings added.
Products made with coconut milk have a number of health benefits. In addition, coconut milk powder can be utilised to create a number of goods that benefit anaemic people's health. Coconut milk products' antiviral and antibacterial qualities also help to strengthen the immune system against a variety of pathogens. As a result of customers placing a greater emphasis on their health and wellness, it is anticipated that demand for these items would expand.

Click Here to Download and Understand Latest Key Trends:
https://skyquestt.com/sample-request/coconut-milk-market

The market for plant-based products is currently fiercely competing with the meat and dairy industries in the United Kingdom. Consumers in this country are more likely to substitute traditional foods with more environmentally friendly plant-based options. On top of that, this trend is no longer just restricted to dietary preferences. Today, consumers in the global coconut milk market like using cruelty-free cosmetics. In order to provide plant-based personal care, cosmetic and personal care product producers are turning to coconut milk products. Potassium, vitamin C, and other minerals that moisturise the hair and skin are abundant in coconut milk products. The cosmetic and personal care sector anticipated to add more value to the demand for coconut milk products.

The report published by SkyQuest Technology Consulting on global coconut milk market provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

What does this Report Deliver?
● Market Estimation for 20+ Countries
● Coconut Milk Market demand by Region, Sub-Region, and Country
● Customization on Segments, Regions, and Company Profiles
● 100+ tables, 150+ Figures
● Global, Regional and Country specific Coconut Milk Market Trends
● Comprehensive Mapping of Coconut Milk Industry Parameters
● Attractive Investment Proposition in the Global Coconut Milk Industry
● Competitive Strategies Adopted by Coconut Milk Market Key Players
● Drivers, Restraints, Opportunities, Challenges and the impact on the Coconut Milk Market Size
● Market growth rate till 2028
● Regulatory scenario, regional dynamics, and Coconut Milk market insights of leading countries in each region
● In-depth Market insights by Region and Country
● Market Segmentation Trend Analysis, Opportunities and Growth
● Porter's five force analysis to know the market's condition
● Pricing Analysis and Coconut Milk Market Sales
● Parent market analysis
● Product portfolio benchmarking

Speak with our analyst for more information:
https://skyquestt.com/speak-with-analyst/coconut-milk-market

SkyQuest has segmented the Global Coconut Milk Market based on Nature, Form, Distribution Channel and Region:
● Global Coconut Milk Market by Nature (Revenue, USD Billion, 2021 - 2028)
o Organic
o Conventional
● Global Coconut Milk Market by Form (Revenue, USD Billion, 2021 - 2028)
o Liquid
o Powder
● Global Coconut Milk Market by Distribution Channel (Revenue, USD Billion, 2021 - 2028)
o Supermarkets/hypermarkets
o Convenience Stores
o Grocery Stores
o Online Retail

● Global Coconut Milk Market By Region (Revenue, USD Billion, 2021 - 2028)
o North America
▪ US
▪ Canada
o Europe
▪ Germany
▪ France
▪ UK
▪ Italy
▪ Spain
▪ Rest of Europe
o Asia Pacific
▪ China
▪ India
▪ Japan
▪ Rest of Asia Pacific
o Central & South America
▪ Brazil
▪ Rest of CSA
o Middle East & Africa
▪ GCC Countries
▪ South Africa
▪ Rest of MEA
Key Players in the Global Coconut Milk Market
● Danone S.A. (Paris France)
● Nestle S.A. (Vevey, Switzerland)
● Dabur India Ltd. (Ghaziabad, India)
● Cocomi Bio Organic (Sri Lanka)
● The Coconut Company (UK) Ltd. (United Kingdom)
● Coconuts of the Caribbean Ltd. (Tune Puna, Trinidad, and Tobago)
● Thai Coconut Public Company Ltd. (Thailand)
● Pt. Sari Segar Husada (Indonesia)
● Celebes Coconut Corporation (Cebu, Philippines)
● Merit Food Products Co., Ltd. (Nong Khang Khok, Thailand)

About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
Address:
1 Apache Way, Westford, Massachusetts 01886
Phone:
USA (+1) 617-230-0741
Email: sales@skyquestt.com

USA1 Apache Way, Westford, Massachusetts 01886

SkyQuest Technology Group is a Global Market Intelligence, Innovation Management & Commercialization organization that connects innovation to new markets, networks & collaborators for achieving Sustainable Development Goals

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