Desiccated Coconut

Global Desiccated Coconut Market to Reach US$11.3 Billion by 2030

The global market for Desiccated Coconut estimated at US$9.8 Billion in the year 2024, is expected to reach US$11.3 Billion by 2030, growing at a CAGR of 2.4% over the analysis period 2024-2030. Conventional Desiccated Coconut, one of the segments analyzed in the report, is expected to record a 2.9% CAGR and reach US$6.3 Billion by the end of the analysis period. Growth in the Organic Desiccated Coconut segment is estimated at 1.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.7 Billion While China is Forecast to Grow at 4.7% CAGR

The Desiccated Coconut market in the U.S. is estimated at US$2.7 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 4.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 0.8% and 1.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.

Global Desiccated Coconut Market – Key Trends & Drivers Summarized

Why Is the Demand for Desiccated Coconut on the Rise?

The global desiccated coconut market is experiencing robust growth, primarily fueled by increasing demand from the food and beverage industry. Desiccated coconut, which is dried, finely shredded coconut meat, has become a staple ingredient in confectionery, bakery, and dairy products due to its rich texture, taste, and extended shelf life. The shift towards plant-based diets and the growing preference for natural, minimally processed food ingredients have further propelled its demand. Additionally, the rise of coconut-based snacks, protein bars, and health foods has made desiccated coconut a crucial component of the clean-label movement. The growing popularity of coconut-derived products, including coconut flour and coconut milk powder, has further expanded market prospects.

How Are Technological Advancements Transforming Desiccated Coconut Production?

Innovations in coconut processing technology have enhanced the efficiency and quality of desiccated coconut production. Modern drying techniques, such as hot air drying and freeze-drying, help retain the natural flavor and nutritional value of coconuts. Automation in processing plants has significantly improved productivity while maintaining consistent product quality. Additionally, advancements in packaging technology, such as vacuum-sealed and moisture-resistant packaging, have extended the shelf life of desiccated coconut, making it suitable for global exports. The integration of food safety standards, including HACCP and ISO certifications, has ensured higher product quality and increased consumer trust in desiccated coconut brands.

What Market Trends Are Shaping Consumer Preferences?

The rising health consciousness among consumers has led to an increased demand for organic and non-GMO desiccated coconut products. Health-conscious individuals prefer unrefined, sulfate-free coconut products, leading to a surge in demand for premium organic varieties. The growing popularity of ketogenic and paleo diets has further boosted the consumption of desiccated coconut, as it is a rich source of healthy fats and fiber. The rapid expansion of the bakery and confectionery industry, particularly in developing countries, has also contributed to market growth. Furthermore, the rising trend of coconut-based beverages, including coconut smoothies and dairy alternatives, has opened new avenues for market expansion.

What Factors Are Driving the Growth of the Desiccated Coconut Market?

The growth in the desiccated coconut market is driven by several factors, including rising demand from the food and beverage industry, increasing consumer preference for plant-based ingredients, and advancements in coconut processing technology. The expansion of the confectionery and bakery sectors, particularly in emerging markets, has significantly contributed to increased consumption. Additionally, the rising demand for gluten-free and low-carb food alternatives has positioned desiccated coconut as a preferred ingredient among health-conscious consumers. Favorable trade policies and increased coconut farming initiatives in tropical regions have further supported market expansion. The growing influence of online retail platforms has also improved product accessibility, driving further growth in the coming years.

SCOPE OF STUDY:

The report analyzes the Desiccated Coconut market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Nature (Conventional Desiccated Coconut, Organic Desiccated Coconut); Distribution Channel (Supermarkets and Hypermarkets Distribution Channels, Online Distribution Channels, Convenience Stores Distribution Channels, Other Distribution Channels); Application (Bakery and Confectionery Application, Dairy Application, Health Foods and Supplements Application, Culinary Application, Other Applications

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 32 Featured) -

• Adamjee Lukmanjee & Sons Pvt. Ltd.
• Bake King Pte Ltd.
• CBL Natural Foods (Pvt) Ltd.
• Celebes Coconut Corporation
• Cocomi Bio Organic
• Kaira Organic World
• Ken Taste Products Limited
• Primex Coco Products, Inc.
• PT. Pacific Eastern Coconut Utama
• Royce Food Corporation
• Silvermill Group
• Sun Bio Naturals India Pvt. Ltd.
• Super Coco Company

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

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CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

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