The Global Coconut
Milk Market is projected to reach USD 1.12
billion by 2027. The Coconut Milk market is fueled by the rising usage of the
healthy alternatives of the cow & other animal milk products. Also, many
health benefits of using coconut milk in food & beverage and the personal
care products are propelling the market growth. Moreover, the growing demand
for bio-based cosmetics anticipated opening new growth opportunities for the
target market.
The competitive landscape and
company profiles offered in the report examine the key players in the Coconut
Milk market. The competitive analysis scrutinizes strategic initiatives adopted
by key players and evaluates recent developments and market standing of the
companies. The company profiles include data of established players and new
entrants and are examined by using analytical tools like SWOT Analysis.
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Key Players:
Key participants
include Anthony’s Goods, Bramble Berry Inc., Enerhealth, King Arthur Flour
Company, Inc., Nestlé Inc., Grace Foods Canada Inc., Thai Agri Foods, M&S
Food Industries, Celebes Coconut Corporation, and Fresh Fruit Ingredients Inc.,
among others.
Further
key findings from the report suggest:
- The growing cosmetic demand due to
its highly competitive nature is encouraging manufacturers to introduce
new and innovative cosmetics, which, in turn, is contributing to the
accelerated growth of this segment.
- An increase in awareness amongst
health-conscious people for the use of coconut milk due to its high
nutritional attributes is driving the market demand. Therefore, a
significant contributor to the consumption of coconut sugar is the mineral
composition, which generated significant revenue for the market.
- Coconut milk is quite healthier
owing to its nutritional attributes, which include Vitamin C, minerals
such as potassium, iron, zinc, and phosphorus, and phytonutrients such as
flavonoids, antioxidants, polyphenols, and anthocyanidin.
- In October 2019, Nutiva launched
Organic MCT Creamer, a powdered, plant-based creamer packed with the
benefits of medium-chain triglycerides (MCTs). It is crafted with Nutiva
Organic MCT Powder, coconut milk powder, and a touch of coconut sugar.
- In August 2019, Cambridge
Commodities Limited (CCL) acquired Earth Circle intending to expand the
Cambridge footprint into the American market, focusing on organic
superfoods and coconut-based products to combine and complement the vast
ingredients at Cambridge Commodities.
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Market
Segmentation:
Nutritional Components
Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Vitamin C
- Minerals
- Phytonutrients
Form Outlook (Revenue:
USD Billion; Volume: Kilo Tons; 2017-2027)
- Powder
- Liquid
End-Use Verticals
Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Personal Care & Cosmetics
- Dairy & Frozen Foods
- Bakery & Confectionary
- Pharmaceuticals
- Others
Regional Outlook
(Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- North America
- U.S
- Canada
- Europe
- Germany
- U.K
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of APAC
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
- Latin America
- Brazil
- Rest of LATAM
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Objective of Studies:
·
To
provide detailed analysis of the market structure along with forecast of the
various segments and sub-segments of the global Coconut Milk market.
·
To
provide insights about factors affecting the market growth. To analyze the Coconut
Milk market based on various factors- price analysis, supply chain analysis,
Porte five force analysis etc.
·
To
provide historical and forecast revenue of the market segments and sub-segments
with respect to four main geographies and their countries- North America,
Europe, Asia, Latin America and Rest of the World.
·
To
provide country level analysis of the market with respect to the current market
size and future prospective.
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America, and Middle East & Africa.
