
Coconut Milk Market
Description
Coconut Milk Market
Growth Factors of Coconut Milk Market
The Coconut Milk Market size was valued at USD 1,249.99 million in 2023 and is projected to grow from USD 1,393.43 million in 2024 to USD 3,380.15 million by 2032 at a CAGR of 11.71% during the forecast period of 2024-2032.
The COVID-19 pandemic had a mixed impact at the coconut milk marketplace. While deliver chain disruptions affected production and distribution, the upward push in demand for plant-primarily based and immune-boosting products offset the poor outcomes. Consumers sought more healthy alternatives, together with dairy substitutes, boosting coconut milk sales. Despite initial logistical demanding situations, the market quickly tailored, especially with the increase of e-trade. Companies shifted to online structures to cater to the growing demand, retaining the market highly solid in the course of the pandemic.
One current style inside the coconut milk market is the growing reputation of vegan and plant-primarily based diets. As customers turn out to be greater fitness-aware and environmentally aware, the call for for non-dairy milk options like coconut milk has surged. This style is in addition pushed through the growing quantity of lactose-intolerant individuals and the desire to lessen animal-based totally product consumption. Food producers are definitely incorporating coconut milk into a greater variety of merchandise, from liquids to organized-to-eat food, to meet this call for.
A fundamental the use of issue for the coconut milk market is the developing popularity of its health blessings. Additionally, the presence of antioxidants and anti inflammatory houses makes it a well-known choice for customers seeking out extra healthy meals alternatives. This developing popularity, combined with its versatility in numerous culinary applications, is the usage of the market’s increase throughout particular areas.
Comprehensive Analysis of Coconut Milk Market
The Coconut Milk Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by nature, by form, by distribution channel . By Nature include Organic, Conventional .By Form include Powder, Liquid. By Distribution Channel include Supermarkets/Hypermarkets, Convenience Stores, Grocery Stores , Online Retail.
The Asia Pacific region lead the Coconut Milk Market share by benefitting a market size of USD 527.38 million Along with this, the developing exchange sports activities sports of coconut-primarily based completely merchandise among the Asian countries and others have extensively driven the market.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.
December 2023 – Vietcoco International Co., Ltd., a Vietname-primarily based definitely coconut milk producer, added a latest product, coconut milk beverage UHT 180ml. The new product permits beautify fitness and resistance.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 11.71% from 2024 to 2032
Unit Value (USD Million)
Segmentation By Nature
- Organic
- Conventional
By Form
- Powder
- Liquid
By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Grocery Stores
- Online Retail
By Geography
- North America (By Nature, Form, Distribution Channel, and By Country)
- The U.S. (By Form)
- Canada (By Form)
- Mexico (By Form)
- U.K. (By Form)
- Germany (By Form)
- Spain (By Form)
- France (By Form)
- Italy (By Form)
- Rest of Europe (By Form)
- China (By Form)
- India (By Form)
- Indonesia (By Form)
- Malaysia (By Form)
- Sri Lanka (By Form)
- Rest of Asia Pacific (By Form)
- Saudi Arabia (By Form)
- UAE (By Form)
- Brazil (By Form)
- West Africa (By Form)
- Jamaica (By Form)
- Others (By Form)
Please Note: It will take 5-6 business days to complete the report upon order confirmation.
Table of Contents
134 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Emerging Trends
- 4. Key Insights
- 4.1. Overview on the Parent/Related Market
- 4.1.1. Analysis on Global Plant-Milk Sector
- 4.1.2. Overview on Raw Material (Coconut) Price Trend Analysis
- 4.1.3. Factors Impacting Consumers’ Buying Behaviour
- 4.2. Supply Chain & Regulatory Analysis
- 4.3. Recent Industry Developments - Policies, Mergers & Acquisitions, and New Product Launches
- 4.4. Market Analysis and Insights (in Relation with COVID-19)
- 4.4.1. Impact of COVID-19 on the Market
- 4.4.2. Supply Chain Challenges due to the Pandemic
- 4.4.3. Potential Opportunities to Support the Market during the Global Crisis
- 5. Global Coconut Milk Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Nature (Value)
- 5.2.1.1. Organic
- 5.2.1.2. Conventional
- 5.2.2. By Form (Value)
- 5.2.2.1. Powder
- 5.2.2.2. Liquid
- 5.2.3. By Distribution Channel (Value)
- 5.2.3.1. Supermarkets/Hypermarkets
- 5.2.3.2. Convenience Stores
- 5.2.3.3. Grocery Stores
- 5.2.3.4. Online Retails
- 5.2.4. By Region (Value)
- 5.2.4.1. North America
- 5.2.4.2. Europe
- 5.2.4.3. Asia Pacific
- 5.2.4.4. Rest of the World
- 6. North America Coconut Milk Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Nature (Value)
- 6.2.1.1. Organic
- 6.2.1.2. Conventional
- 6.2.2. By Form (Value)
- 6.2.2.1. Powder
- 6.2.2.2. Liquid
- 6.2.3. By Distribution Channel (Value)
- 6.2.3.1. Supermarkets/Hypermarkets
- 6.2.3.2. Convenience Stores
- 6.2.3.3. Grocery Stores
- 6.2.3.4. Online Retails
- 6.2.4. By Country (Value)
- 6.2.4.1. U.S
- 6.2.4.1.1. By Form (Value)
- 6.2.4.1.1.1. Powder
- 6.2.4.1.1.2. Liquid
- 6.2.4.2. Canada
- 6.2.4.2.1. By Form (Value)
- 6.2.4.2.1.1. Powder
- 6.2.4.2.1.2. Liquid
- 6.2.4.3. Mexico
- 6.2.4.3.1. By Form (Value)
- 6.2.4.3.1.1. Powder
- 6.2.4.3.1.2. Liquid
- 7. Europe Coconut Milk Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Nature (Value)
- 7.2.1.1. Organic
- 7.2.1.2. Conventional
- 7.2.2. By Form (Value)
- 7.2.2.1. Powder
- 7.2.2.2. Liquid
- 7.2.3. By Distribution Channel (Value)
- 7.2.3.1. Supermarkets/Hypermarkets
- 7.2.3.2. Convenience Stores
- 7.2.3.3. Grocery Stores
- 7.2.3.4. Online Retails
- 7.2.4. By Country (Value)
- 7.2.4.1. U.K.
- 7.2.4.1.1. By Form (Value)
- 7.2.4.1.1.1. Powder
- 7.2.4.1.1.2. Liquid
- 7.2.4.2. Germany
- 7.2.4.2.1. By Form (Value)
- 7.2.4.2.1.1. Powder
- 7.2.4.2.1.2. Liquid
- 7.2.4.3. Spain
- 7.2.4.3.1. By Form (Value)
- 7.2.4.3.1.1. Powder
- 7.2.4.3.1.2. Liquid
- 7.2.4.4. France
- 7.2.4.4.1. By Form (Value)
- 7.2.4.4.1.1. Powder
- 7.2.4.4.1.2. Liquid
- 7.2.4.5. Italy
- 7.2.4.5.1. By Form (Value)
- 7.2.4.5.1.1. Powder
- 7.2.4.5.1.2. Liquid
- 7.2.4.6. Rest of Europe
- 7.2.4.6.1. By Form (Value)
- 7.2.4.6.1.1. Powder
- 7.2.4.6.1.2. Liquid
- 8. Asia-Pacific Coconut Milk Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Nature (Value)
- 8.2.1.1. Organic
- 8.2.1.2. Conventional
- 8.2.2. By Form (Value)
- 8.2.2.1. Powder
- 8.2.2.2. Liquid
- 8.2.3. By Distribution Channel (Value)
- 8.2.3.1. Supermarkets/Hypermarkets
- 8.2.3.2. Convenience Stores
- 8.2.3.3. Grocery Stores
- 8.2.3.4. Online Retails
- 8.2.4. By Country (Value)
- 8.2.4.1. China
- 8.2.4.1.1. By Form (Value)
- 8.2.4.1.1.1. Powder
- 8.2.4.1.1.2. Liquid
- 8.2.4.2. India
- 8.2.4.2.1. By Form (Value)
- 8.2.4.2.1.1. Powder
- 8.2.4.2.1.2. Liquid
- 8.2.4.3. Indonesia
- 8.2.4.3.1. By Form (Value)
- 8.2.4.3.1.1. Powder
- 8.2.4.3.1.2. Liquid
- 8.2.4.4. Malaysia
- 8.2.4.4.1. By Form (Value)
- 8.2.4.4.1.1. Powder
- 8.2.4.4.1.2. Liquid
- 8.2.4.5. Sri Lanka
- 8.2.4.5.1. By Form (Value)
- 8.2.4.5.1.1. Powder
- 8.2.4.5.1.2. Liquid
- 8.2.4.6. Rest of Asia-Pacific
- 8.2.4.6.1. By Form (Value)
- 8.2.4.6.1.1. Powder
- 8.2.4.6.1.2. Liquid
- 9. Rest of the World Coconut Milk Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Nature (Value)
- 9.2.1.1. Organic
- 9.2.1.2. Conventional
- 9.2.2. By Form (Value)
- 9.2.2.1. Powder
- 9.2.2.2. Liquid
- 9.2.3. By Distribution Channel (Value)
- 9.2.3.1. Supermarkets/Hypermarkets
- 9.2.3.2. Convenience Stores
- 9.2.3.3. Grocery Stores
- 9.2.3.4. Online Retails
- 9.2.4. By Country (Value)
- 9.2.4.1. Saudi Arabia
- 9.2.4.1.1. By Form (Value)
- 9.2.4.1.1.1. Powder
- 9.2.4.1.1.2. Liquid
- 9.2.4.2. UAE
- 9.2.4.2.1. By Form (Value)
- 9.2.4.2.1.1. Powder
- 9.2.4.2.1.2. Liquid
- 9.2.4.3. Brazil
- 9.2.4.3.1. By Form (Value)
- 9.2.4.3.1.1. Powder
- 9.2.4.3.1.2. Liquid
- 9.2.4.4. West Africa
- 9.2.4.4.1. By Form (Value)
- 9.2.4.4.1.1. Powder
- 9.2.4.4.1.2. Liquid
- 9.2.4.5. Jamaica
- 9.2.4.5.1. By Form (Value)
- 9.2.4.5.1.1. Powder
- 9.2.4.5.1.2. Liquid
- 9.2.4.6. Others
- 9.2.4.6.1. By Form (Value)
- 9.2.4.6.1.1. Powder
- 9.2.4.6.1.2. Liquid
- 10. Competitive Matrix
- 10.1. Business Strategies Adopted by Leading Players
- 10.2. Global Coconut Milk Market Revenue Share/Ranking Analysis, By Key Manufacturer
- 11. Company Profiles
- 11.1. Nestle S.A.
- 11.1.1. Overview
- 11.1.2. Description
- 11.1.3. Product Portfolio
- 11.1.4. Financials (Data as available in public domain and/or on paid databases)
- 11.1.5. Recent DevelopHouseholdts
- 11.2. Cocomi Bio Organi
- 11.2.1. Overview
- 11.2.2. Description
- 11.2.3. Product Portfolio
- 11.2.4. Financials (Data as available in public domain and/or on paid databases)
- 11.2.5. Recent DevelopHouseholdts
- 11.3. The Coconut Company (UK) Ltd.
- 11.3.1. Overview
- 11.3.2. Description
- 11.3.3. Product Portfolio
- 11.3.4. Financials (Data as available in public domain and/or on paid databases)
- 11.3.5. Recent DevelopHouseholdts
- 11.4. Coconuts of the Caribbean Ltd.
- 11.4.1. Overview
- 11.4.2. Description
- 11.4.3. Product Portfolio
- 11.4.4. Financials (Data as available in public domain and/or on paid databases)
- 11.4.5. Recent DevelopHouseholdts
- 11.5. Danone S.A.
- 11.5.1. Overview
- 11.5.2. Description
- 11.5.3. Product Portfolio
- 11.5.4. Financials (Data as available in public domain and/or on paid databases)
- 11.5.5. Recent DevelopHouseholdts
- 11.6. Thai Coconut Public Company Ltd.
- 11.6.1. Overview
- 11.6.2. Description
- 11.6.3. Product Portfolio
- 11.6.4. Financials (Data as available in public domain and/or on paid databases)
- 11.6.5. Recent DevelopHouseholdts
- 11.7. Pt. Sari Segar Husada
- 11.7.1. Overview
- 11.7.2. Description
- 11.7.3. Product Portfolio
- 11.7.4. Financials (Data as available in public domain and/or on paid databases)
- 11.7.5. Recent DevelopHouseholdts
- 11.8. Celebs Coconut Corporation
- 11.8.1. Overview
- 11.8.2. Description
- 11.8.3. Product Portfolio
- 11.8.4. Financials (Data as available in public domain and/or on paid databases)
- 11.8.5. Recent DevelopHouseholdts
- 11.9. Dabur India Ltd.
- 11.9.1. Overview
- 11.9.2. Description
- 11.9.3. Product Portfolio
- 11.9.4. Financials (Data as available in public domain and/or on paid databases)
- 11.9.5. Recent DevelopHouseholdts
- 11.10. Merit Food Products Co., Ltd.
- 11.10.1. Overview
- 11.10.2. Description
- 11.10.3. Product Portfolio
- 11.10.4. Financials (Data as available in public domain and/or on paid databases)
- 11.10.5. Recent DevelopHouseholdts
- 12. Appendix
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.