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Coconut Shell Powder Market to Reach $588.4 Million by 2031, Globally, Growing At a CAGR of 7.6%

02-16-2023 10:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Coconut Shell Powder Market

Coconut Shell Powder Market

According to the report published by Allied Market Research, the global Coconut Shell Powder Market garnered $286.7 million in 2021 and is estimated to generate $588.4 million by 2031, manifesting a CAGR of 7.6% from 2022 to 2031. The report extensively analyzes changing market dynamics, major segments, value chain, competitive scenario, and regional landscapes. This research offers valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—ง๐—ต๐—ฒ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ฃ๐——๐—™ ๐—ข๐—ณ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.alliedmarketresearch.com/request-sample/32084

The research provides detailed segmentation of the global coconut shell powder market based on Mesh Size, Application, Sales Channel, and Region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.

๐—ง๐—ผ๐—ฝ ๐—ž๐—ฒ๐˜† ๐—ฃ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—œ๐—ป๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ๐—ฑ:

The players operating in the coconut shell powder industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, remain competitive in the market, and gain coconut shell powder market opportunities. The key players profiled in coconut shell powder industry include New Century Vietnam Organic Company Ltd., OHM Trishul Bio Process, Rich Moon Co., Ltd, Vijayanagar Food & Nutraceuticals Pvt. Ltd., VietDelta Ltd., Coco Green (Pvt) Ltd., Coco Land Lanka (Pvt) Ltd., Consarc (Pvt) Ltd., Gournish Traders, Umang Pharmatech Pvt. Ltd., and Bali Coco.

๐—•๐˜‚๐˜† ๐—ก๐—ผ๐˜„ & ๐—š๐—ฒ๐˜ ๐—˜๐˜…๐—ฐ๐—น๐˜‚๐˜€๐—ถ๐˜ƒ๐—ฒ ๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜‚๐—ป๐˜ ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ : https://www.alliedmarketresearch.com/checkout-final/2e1a1af5fc5619af5e370487caab31c2

According to the coconut shell powder market trends, depending on sales channel, the offline segment was valued at $209.0 million in 2021, and is expected to reach $422.2 million by 2031, with a CAGR of 7.4%. The sale of coconut shell powder over the counter is seen as selling directly to consumer sectors like those that produce activated carbon and absorbent materials.

๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ:

Based on region, North America held the largest share in 2021, contributing to more than one-third of the global coconut shell powder market share, and is projected to maintain its dominant share in revenue in 2031. In addition, the Asia-Pacific region is expected to manifest the fastest CAGR of 8.8% during the forecast period. The research also analyzes areas including Europe and LAMEA.

๐—ž๐—˜๐—ฌ ๐—™๐—œ๐—ก๐——๐—œ๐—ก๐—š๐—ฆ ๐—ข๐—™ ๐—ง๐—›๐—˜ ๐—ฆ๐—ง๐—จ๐——๐—ฌ

-> The coconut shell powder market size was valued at $286.7 million in 2021, and is estimated to reach $588.4 million by 2031, growing at a CAGR of 7.6% during the forecast period.
-> In 2021, depending on application, the activated carbon segment was valued at $66.6 million, accounting for 23.2% of the global coconut shell powder market share.
-> In 2021, depending on sales channel, the offline segment was valued at $209.0 million and is expected to grow at a CAGR of 7.4%.
-> In 2021, the U.S. was the most prominent market in North America, and is projected to reach $80.3 million by 2031, growing at a CAGR of 6.3% during the forecast period

๐—š๐—ฒ๐˜ ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฒ๐—ฑ: https://www.alliedmarketresearch.com/request-for-customization/32084

Based on application, the extender and filler segment accounted for the highest share in 2021, contributing to more than one-third of the global coconut shell powder market. It is expected to maintain its lead in revenue during the forecast period. However, the activated carbon segment is expected to manifest the highest CAGR of 8.6% from 2022 to 2031.

๐—–๐—ต๐—ฒ๐—ฐ๐—ธ ๐—ผ๐˜‚๐˜ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐—ฟ๐—ฒ๐—น๐—ฎ๐˜๐—ฒ๐—ฑ ๐˜€๐˜๐˜‚๐—ฑ๐—ถ๐—ฒ๐˜€ ๐—ฝ๐˜‚๐—ฏ๐—น๐—ถ๐˜€๐—ต๐—ฒ๐—ฑ ๐—ฏ๐˜† ๐—”๐— ๐—ฅ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต:

Coconut Sugar Market - https://www.alliedmarketresearch.com/coconut-sugar-market-A16949

Pure Coconut Water Market - https://www.alliedmarketresearch.com/pure-coconut-water-market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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