Coconut Milk And Cream Market

Coconut Milk And Cream Market, By Category (Organic, Conventional), By Application (Processed Food, Retail/Packaged Coconut Milk and Coconut Cream), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Coconut milk and cream are great alternatives to dairy milk. Both are rich in Medium-chain Fatty Acids (MCFAs), which help the body to burn fat and boost brain power. Coconut milk and cream are available in canned and boxed varieties. These dairy-free drinks are an excellent way to replace dairy products, without compromising flavor and texture. Although coconut cream is sweeter and lower in calories, it does contain the same nutrient content as coconut milk. When paired with ice cream, it lends a tropical flavor and color to any dessert. It can also be used as a garnish on ice cream. When mixed with fruit or in other tropical drinks, coconut cream is a wonderful addition.

Market Dynamics

The growing vegetarian population is augmenting Global Coconut Milk and Cream Market growth. Increasing incidence of lactose intolerance among people is again creating the demand for plant-based proteins. Moreover, the advent of organically sourced coconuts is further anticipated to foster the market growth.

Global Coconut Milk and Cream Market is expected to experience a surge in demand, due to the increasing consumer concerns, associated with the consumption of traditional dairy-based foods and beverages and the adoption of vegan diets. Coconut-based food products have been a driving force in the shift from animal-based to plant-based consumer demands, and coconut-based products have been a major contributor to this shift. This gradual transition towards a plant-based lifestyle is largely driven by ecological considerations, health awareness, ethical or religious convictions, and a heightened awareness of environmental concerns and animal rights. No matter the classification criteria, grounds, or types, there is an increasing number of vegans around the world, which is leading to an increased demand for vegan food products and a subtle presence of coconut milk and cream among key vegan food ingredients.

Key features of the study:

• This report provides an in-depth analysis of the global coconut milk and cream market and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global coconut milk and cream market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• The key companies covered as a part of this study include McCormick & Company Inc., Danone SA, Sambu Group, Adamjee Lukmanjee & Sons (Pvt.) Ltd, Cardinal Agri Products Inc., Petrow Food Group, Axelum Resources Corp., Kapar Coconut Industries Sdn Bhd, Primex Group of Companies, Only Earth, Stancodex Sdn Bhd, Greenville Agro Corporation, Celebes Coconut Corporation, M&S Food Industries, Goya Foods Inc., and Roxas Sigma Agriventures Inc.
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global coconut milk and cream market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global coconut milk and cream market

Coconut Milk and Cream Market Detailed Segmentation:

• By Category:
• Organic
• Conventional
• By Application:
• Processed Food
• Retail/Packaged Coconut Milk and Coconut Cream
• Foodservice
• By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
• Company Profiles
• McCormick & Company Inc.
• Danone SA
• Sambu Group
• Adamjee Lukmanjee & Sons (Pvt.) Ltd
• Cardinal Agri Products Inc.
• Petrow Food Group
• Axelum Resources Corp.
• Kapar Coconut Industries Sdn Bhd
• Primex Group of Companies
• Only Earth
• Stancodex Sdn Bhd
• Greenville Agro Corporation
• Celebes Coconut Corporation
• M&S Food Industries
• Goya Foods Inc.
• Roxas Sigma Agriventures Inc.