Coconut Milk Powder Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Coconut milk powder is a white fine powder used in Southeast Asian and other cuisines. It is produced through spray drying process of raw, unsweetened coconut cream and is reconstituted with water as an important ingredient in recipes that require coconut milk. Coconut milk powder has genetically modified ingredients, preservatives, added MSG and trans-fat.
Market Dynamics
By source type, organic coconut milk powder segment is expected to witness significant growth, owing to various advantages such as weight loss, boosts immune system, improves digestion, prevents acne, promotes hair growth offered by organic coconut milk powder. Increasing demand for organic food products is also expected to boost the segment growth. For instance, according to Nutrition Business Journal, the U.S. natural and organic product industry sales increased by 6.5% to reach US$ 207 billion in 2017 with respect to 2016.
Among region, Asia Pacific is expected to hold a significant market share during the forecast period. This is owing to substantial demand for coconut milk powder from South Asian countries. Moreover, increasing lactose intolerant population in the region increases demand for coconut milk. According to U.S. National Library of Medicine, Lactose intolerance in adulthood is most prevalent in people of East Asian descent, affecting more than 90 percent of adults in some of these communities. Coconut milk powder is largely used as a substitute for milk powder, which contains lactose and as a substitute for coconut milk.
Key features of the study:
This report provides in-depth analysis of coconut milk powder and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global coconut milk powder market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include, The Coconut Company (UK) Ltd., Tirumala Food Industries, Enature Organic Products, Ayam SARL, Nestlé S.A., Renuka Foods PLC, S & P Industries Sdn Bhd, Shriram Coconut Products Limited, Star Heritage Products, and Pulau Sambu Singapore Pte Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
The global coconut milk powder market report caters to various stakeholders in this industry including investors, suppliers, customized tea packaging manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the coconut milk powder market
Detailed Segmentation:
Global Coconut Milk Powder Market, By Source:
Conventional
Organic
Global Coconut Milk Powder Market, By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
Global Coconut Milk Powder Market, By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Global Coconut Milk Powder Market, By Geography:
North America
U.S.
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Canada
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Europe
U.K.
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Germany
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Italy
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
France
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Russia
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Rest of Europe
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Asia Pacific
China
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
India
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Japan
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
ASEAN
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Australia
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
South Korea
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Rest of Asia Pacific
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Latin America
Brazil
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Mexico
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Rest of Latin America
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Middle East
GCC
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Israel
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Rest of Middle East
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Africa
North Africa
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
By Packaging Type:
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Central Africa
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
South Africa
By Source:
Conventional
Organic
By Application:
Food
Snacks
Bakery & Confectionary
Dairy & Frozen Products
Beverages
By Distribution Channel
Online stores
Hypermarket/Supermarket
Specialty stores
Others
Company Profiles
The Coconut Company (UK) Ltd. *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Tirumala Food Industries
Enature Organic Products
AYAM SARL
Nestlé S.A.
Renuka Foods PLC
S & P Industries Sdn Bhd
Shriram Coconut Products Limited
Star Heritage Products
Pulau Sambu Singapore Pte Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
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