Coconut milk powder is a white fine powder used in Southeast Asia and other cuisines. It is produced through the spray drying process of raw, unsweetened coconut cream and is reconstituted with water as an important ingredient in recipes that require coconut milk. Coconut milk powder has genetically modified ingredients, preservatives, and trans-fat.
Market Dynamics
Among source, organic coconut milk powder segment is expected to witness significant growth, owing to various advantages such as weight loss, boosting the immune system, improving digestion, preventing acne, promotes hair growth, offered by organic coconut milk powder. Increasing demand for organic food products is also expected to boost segment growth.
Among regions, Asia Pacific is expected to hold a significant market share during the forecast period. This is owing to the substantial demand for coconut milk powder from South Asian countries. Moreover, the increasing lactose-intolerant population in the region increases the demand for coconut milk powder. According to the U.S. National Library of Medicine, Lactose intolerance in adulthood is most prevalent in people of East Asian descent, affecting more than 90% of adults in some of these communities. Coconut milk powder is largely used as a substitute for milk powder, which contains lactose, and as a substitute for coconut milk.
Key features of the study:
- This report provides in-depth analysis of coconut milk powder and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the global coconut milk powder market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include The Coconut Company (UK) Ltd., Tirumala Food Industries, Enature Organic Products, Ayam SARL, Nestlé S.A., Renuka Foods PLC, S & P Industries Sdn Bhd, Shriram Coconut Products Limited, Star Heritage Products, and Pulau Sambu Singapore Pte Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make an informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
- The global coconut milk powder market report caters to various stakeholders in this industry including investors, suppliers, customized tea packaging manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the coconut milk powder market
Detailed Segmentation:
- Global Coconut milk powder Market, By Source:
- Global Coconut milk powder Market, By Application:
- Food
- Snacks
- Bakery & Confectionary
- Dairy & Frozen Products
- Beverages
- Global Coconut milk powder Market, By Distribution Channel
- Online stores
- Hypermarket/Supermarket
- Specialty stores
- Others
- Global Coconut milk powder Market, By Geography:
- North America
- Europe
- U.K.
- Germany
- Italy
- France
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- North Africa
- Central Africa
- South Africa
- Company Profiles
- The Coconut Company (UK) Ltd. *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Tirumala Food Industries
- Enature Organic Products
- AYAM SARL
- Nestlé S.A.
- Renuka Foods PLC
- S & P Industries Sdn Bhd
- Shriram Coconut Products Limited
- Star Heritage Products
- Pulau Sambu Singapore Pte Ltd.
