Coconut Milk Market

Introduction:
Coconut Milk is the thick white liquid extract of coconut. Coconut milk is produced by grating and
extracting the liquid from coconut meat. Coconut meat is widely used across the food industries for
enhancing the flavor, aroma and the nutrient content of the food. Coconut milk contains lauric acid
which imparts energy to the body. Coconut milk is rich in vitamin and minerals and helps in reducing
the bad cholesterol from the body. Coconut milk is lactose-free and hence is popular amongst the
consumers having lactose intolerance. The wide application and high nutrient content makes the
market growth of coconut milk more significant.
Market Scenario:
Increasing health consciousness and rising inclination of consumers towards adopting vegan diet is
anticipated to fuel up the market demand for coconut milk. The shift in consumption pattern of
consumers has supported the vegan diet growth amongst the population thus influencing the
positive growth of coconut milk market. The versatile application of coconut milk across the food
industries is one of the major factors contributing to its increased market share.
On the basis of coconut milk form, liquid form is found to hold a major share and is calculated to
increase at high rate globally. However, the high shelf-life of the powder form is supporting the
increased demand of the product from consumer’s side. Due to convenience usage, the bottle
packaging of coconut milk is evaluated to hold a major and significant share. The application of
coconut milk in bakery and confectionery is found to hold a major share. Amongst the distribution

channels for the sale of coconut milk, hypermarket and supermarket’s share is projected to increase
at a high rate.
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Key Players
The key players profiled in the global coconut milk Market are Goya Foods, Inc. (U.S.), WhiteWave
Foods (U.S.), McCormick & Company (U.S.), Native Forest (U.S.), Theppadungporn Coconut Co.
Ltd. (Thailand), Pure Harvest (Australia), Ducoco Produtos Alimenticios S/A (Brazil)
Study Objectives of Coconut Milk Market
Detail analysis of the market’s segments and sub-segments
To estimate and forecast market size by Form, Packaging, Application, Distribution Channel
and Region
To analyze key driving forces which are influencing the market
Region level market analysis and market estimation of North America, Europe, Asia, and rest
of the world (ROW) and their countries
Value chain analysis & supply chain analysis of Coconut Milk
Company profiling of major players in the market
Competitive strategy analysis and mapping key stakeholders in the market
Analysis of historical market trends and technologies along with current government
regulatory requirements
Intended Audience
Coconut Milk Manufacturers
Beverage Manufacturers
Bakery and Confectionery Industries
Retailers and Wholesalers
Traders, Importers and Exporters
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Key Findings:
Application of coconut milk in dairy and frozen desserts is anticipated to have a high growth
during the forecast period.
Top exporters of coconut milk include China, U.S., Germany, Japan, Netherlands

Segments
Coconut Milk has been segmented on the basis of Form which comprises Powder, Liquid,
Others. Liquid form is found to hold a major share due to its ready-to-drink and ready-to-use
property.
Coconut Milk has been segmented on the basis of Packaging which comprises Box, Bottle,
Vacuum Pack, Cans, Others. Bottle packaging form holds a lion’s share in the global coconut
milk market based on the on-the-go property.
Coconut Milk has been segmented on the basis of application which comprises Convenience
Foods, Beverages, Bakery and Confectionery, Dairy and Frozen dessert, Others. Bakery and
Confectionery is holding a large share followed by wide application in the industry.
Coconut Milk has been segmented on the basis of Distribution Channel which comprises
Hypermarkets and Supermarkets, Convenience stores, Specialty stores, E-commerce,
Others. Sale through hypermarkets and supermarkets is found to be high.
Regional Analysis
The Global Coconut Milk Market is segmented into North America, Europe, Asia Pacific, and rest of
the world (ROW). North America region has the major market share followed by Asia Pacific.
Changing life-style has led to adoption of vegan and healthy diet by consumers due to which Asia-
Pacific is projected to generate a high revenue during the given forecast period. The Major importers
of coconut milk include U.S., Germany, China, U.K. and Japan. Based on the higher demand for
heath drinks with lesser calories, the import and export of coconut milk in the developed countries is
found to rise at a steady growth rate.
The Global Coconut Milk Market is segmented under the following regions mentioned below:
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
Spain
U.K.
Rest of Europe
Asia-Pacific
China
India
Australia
Japan
Rest of Asia Pacific
Rest of the world

Brazil
Argentina
Saudi Arabia
South Africa
Others
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