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Global Coconut Milk Market 2016-2020

Global Coconut Milk Market 2016-2020

About Coconut Milk

Coconut milk is a sweet, milky white liquid obtained from the grated meat of mature coconut. The rich taste and color of coconut milk can be attributed to the high oil and sugar contents in it. It is one of the main ingredients of Southeast Asian cuisine and is used for making curries, deserts, and sweets. Coconut milk is consumed as a drink and is also used as a cooking ingredient.

Technavio’s analysts forecast the global coconut milk market to grow at a CAGR of 15.4% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global coconut milk market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of coconut milk to individual consumers.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • MEA
Technavio's report, Global Coconut Milk Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Goya Foods
  • McCormick
  • Pureharvest
  • Theppadungporn Coconut
  • WhiteWave Foods
Other prominent vendors
  • CHI
  • Ducoco
  • Edward & Sons
  • iTi Tropicals
  • Pacific Foods
  • Thai Agri Foods
  • Turtle Mountain
Market driver
  • New product launches
  • For a full, detailed list, view our report
Market challenge
  • Sourcing of tender coconuts
  • For a full, detailed list, view our report
Market trend
  • Increasing investments
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Coconut Milk Market 2016-2020

Technavio recognizes the following companies as the key players in the global coconut market: Goya Foods, McCormick, Pureharvest, Theppadungporn Coconut, and WhiteWave Foods.

Other Prominent Vendors in the market are: CHI, Ducoco, Edward & Sons, iTi Tropicals, Pacific Foods, Thai Agri Foods, and Turtle Mountain.

Commenting on the report, an analyst from Technavio’s team said: “One of the positive trends that will affect the growth of the market during the forecast period is the increasing investments by the players in the market. The players in the market are investing in increasing their production capabilities and improving their distribution networks.”

According to the report, one of the main growth drivers of the coconut milk market is the health benefits associated with the consumption of coconut milk. Coconut milk helps in improving the immune system of the body, thereby helping to prevent diseases. The lauric acid found in coconut milk is easily absorbed by the body and used by the body for energy. Also, this fatty acid helps in lowering cholesterol levels, improving blood pressure, and preventing heart attacks or strokes.

Further, the report states that sourcing of tender coconuts is one of the main challenges faced by the global coconut milk market. The players in the market used to source their coconuts from Brazil initially, however due to the increase in demand, the supply from Brazil was not able to meet the demand. Hence, they have shifted to Asia to source the coconuts from countries such as the Philippines, Indonesia, and India, which are the largest coconut producers as of 2012.



Companies Mentioned

Goya Foods, McCormick, Pureharvest, Theppadungporn Coconut, WhiteWave Foods, CHI, Ducoco, Edward & Sons, iTi Tropicals, Pacific Foods, Thai Agri Foods, Turtle Mountain.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Flowchart of the preparation process of coconut milk
    • Largest coconut-producing countries
      • Table Leading countries by coconut production 2015 (million metric tons)
  • Market landscape
    • Market overview
      • Table Overview of global coconut milk market 2015
    • Global dairy alternative beverages market
      • Table Global dairy alternative beverages market 2015-2020 ($ billions)
    • Global coconut milk market
      • Table Global coconut milk market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by distribution channel
    • Table Global coconut milk market by distribution channel 2015
  • Geographical segmentation
    • Table Global coconut milk market by geography 2015 and 2020
    • Table Global coconut milk market by geography CAGR comparison 2015 and 2020
    • Coconut milk market in Americas
      • Table Coconut milk market in Americas 2015-2020 ($ millions)
      • Table Lactose intolerant population as a percentage of total population in some countries in Americas 2015
    • Coconut milk market in APAC
      • Table Coconut milk market in APAC 2015-2020 ($ millions)
      • Table Lactose intolerant population as a percentage of total population in some APAC countries 2015
    • Coconut milk market in Europe
      • Table Coconut milk market in Europe 2015-2020 ($ millions)
      • Table Lactose intolerant population as a percentage of total population in some European countries 2015
    • Coconut milk market in MEA
      • Table Coconut milk market in MEA 2015-2020 ($ millions)
      • Table Lactose intolerant population as a percentage of total population in some countries in MEA 2015
  • Key leading countries
    • Table Key leading countries
    • Table Global coconut milk market: Key leading countries CAGR comparison 2015 and 2020
    • US
      • Table Coconut milk market in US 2015-2020 ($ millions)
    • Germany
      • Table Coconut milk market in Germany 2015-2020 ($ millions)
    • France
      • Table Coconut milk market in France 2015-2020 ($ millions)
    • UK
      • Table Coconut milk market in UK 2015-2020 ($ millions)
  • Market drivers
    • Table Coconut milk: Nutrition facts of a quarter cup of coconut milk
    • Table Global lactose intolerant population as a percentage of global population 2007-2015
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Almond milk versus coconut milk
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
      • Table Competitive assessment of the top players in the market
    • Goya Foods
      • Table Goya Foods: Product offerings in global coconut milk market
      • Table Goya Foods: Strength and weakness
      • Table Goya Foods: Geographical presence
    • McCormick
      • Table McCormick: Geographic segmentation by net sales
      • Table McCormick: Operating segments by net sales
      • Table Comparison of net sales and net income 2014 and 2015
      • Table McCormick: Product offerings in global coconut milk market
      • Table McCormick: Strength and weakness
      • Table McCormick: Product offerings in global coconut milk market
    • Pureharvest
      • Table Pureharvest: Operating segments
      • Table Pureharvest: Product offerings
      • Table Pureharvest: Strength and weakness
    • Theppadungporn Coconut
      • Table Theppadungporn Coconut: Product offerings in global coconut milk market
      • Table Theppadungporn Coconut: Strength and weakness
      • Table Theppadungporn Coconut: Geographic presence
    • WhiteWave Foods
      • Table Product overview: Global coconut milk market
      • Table WhiteWave Foods: Strength and weakness
      • Table WhiteWave Foods: Geographical presence
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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