Global Coconut Flour Market 2019-2023
About Coconut Flour
Coconut flour is a soft, gluten-free flour produced from dried coconut meat extracted with the coconut milk.
Technavio’s analysts forecast the Global Coconut Flour Market to grow at a CAGR of 7.72% during the period 2019-2023.
Covered in this report
The report covers the present scenario and the growth prospects of the global coconut flour market. To calculate the market size, the report considers the revenue generated from the consumption of coconut flour.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Coconut Flour Market 2019-2023
Technavio recognizes the following companies as the key players in the global coconut flour market: Celebes Coconut Corporation, Groovy Food Company, Nutiva, Primex Group of Companies, TIANA Fair Trade Organic, and Van Amerongen & Son.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the increasing demand for gluten-free products.”
According to the report, one driver influencing this market is the growth in organized retailing. Organized retailing has grown globally with the establishment of supermarkets, hypermarkets, and specialty stores.
Further, the report states that one challenge affecting this market is the unfavourable climatic conditions. The unfavourable environment for coconut palm growth in North America and Europe is one of the major challenges to the growth of the market.
Celebes Coconut Corporation
Groovy Food Company
Primex Group of Companies
TIANA Fair Trade Organic
Van Amerongen & Son
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