Report : Coconut Milk Products Market to 2027 - Global Analysis and Forecasts by Nature (Organic and Conventional), 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), and Distribution Channel (Direct Sales and Indirect Sales)
The "Coconut Milk Products Market to 2027 - Global Analysis and Forecasts by Nature (Organic and Conventional), 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), and Distribution Channel (Direct Sales and Indirect Sales)" The scope of study involves understanding on the factors responsible for this growth of coconut milk products market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant coconut milk products players in the market and their key developments.
The global coconut milk products market is accounted to US$ 812.4 Mn in 2018 and is expected to grow at a CAGR of 9.3% during the forecast period 2019 - 2027, to account to US$ 1,775.4 Mn by 2027. Coconut cream and coconut milk powder are the most preferred coconut milk products globally. These products are rich in fats and nutrition. The coconut milk products are used as a dairy alternative by the people suffering from lactose intolerance. They are also used in various recipes due to its mild and sweet taste. Growing demand for plant-based food products in developed and developing countries is stimulating the demand for these products. Moreover, the rise in adoption of coconut milk products in several food recipes and products further boost the coconut milk products market globally.
The global coconut milk products market by geography is segmented into six regions, including North America, Europe, Asia Pacific, Middle East & Africa, and South America. The Asia Pacific region is expected to account for the largest share of the global coconut milk products market in 2018, followed by North America. Some of the key players in the coconut milk products market include Danone S.A., Goya Foods, Inc., GraceKennedy Limited, McCormick & Company, Inc., Nestlé SA, Pacific Foods of Oregon, LLC, Sambu Group, Thai Agri Food PLC, Thai Coconut Public Company Limited, and Celebes Coconut Corporation among others.
Coconut Milk Products Market - Region Breakdown, 2018
The report segments the global coconut milk products market as follows:
Global Coconut Milk Products Market – By Product Type
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