Creamed Coconut Market: By Source (Organic, Conventional), By Distribution Channel (Direct Sales, Indirect Sales), By End User (Food & Beverages, Cosmetics & Personal Care, Household, Others), And Region – Global Analysis of Market Size, Share & Trends Fo

Creamed Coconut Market: By Source (Organic, Conventional), By Distribution Channel (Direct Sales, Indirect Sales), By End User (Food & Beverages, Cosmetics & Personal Care, Household, Others), And Region – Global Analysis of Market Size, Share & Trends For 2019–2021 And Forecasts To 2031

creamed coconut market: by source (organic, conventional), by distribution channel (direct sales, indirect sales), by end user (food & beverages, cosmetics & personal care, household, others), and region – global analysis of market size, share & trends for 2019–2021 and forecasts to 2031

PRODUCT OVERVIEW

The mature coconut's fresh pulp, which has been dehydrated and left unsweetened, is mashed to a semi-solid, creamy white paste to create creamed coconut, also known as coconut butter. It is offered for sale as a stiff, white block that can be kept at room temperature. The block is typically wrapped in a plastic bag that is tightly sealed, and some separation of the coconut meat and fat can be visible. Before adding it to meals in cooking, it is chopped or grated. It can be converted into coconut milk or coconut cream replacements by adding warm water.

MARKET HIGHLIGHTS

Global Creamed Coconut Market to surpass USD 7.7 billion by 2031 from USD 4 billion in 2021 at a CAGR of 6.9% in the coming years, i.e., 2021-2031. The global veganism trend, the rise in creamed coconut-based product developments, and the expanding product demand in the cosmetics industry are some of the factors that have contributed to the market's expansion. Additionally, the rising demand for creamed coconut for treating ailments including diabetes, arthritis, and Alzheimer's disease is anticipated to boost market expansion in the years to come.

GLOBAL CREAMED COCONUT MARKET: SEGMENTS

The Organic segment is expected to grow with the highest CAGR during 2021-31

Based on Source, the global Creamed Coconut Market is fragmented into Organic and Conventional. The main revenue-producing segment in 2020 will be the Organic section. This is mostly due to rising health consciousness among consumers, which raises demand for better products and boosts consumer adoption of organic coconut cream. Additionally, organic coconut cream includes high levels of fiber in small serving size and is a rich source of vitamin C, vitamin E, magnesium, and calcium, all of which enhance the consumption of the product and spur market expansion.

The Cosmetics & Personal Care segment is expected to grow with the highest CAGR during 2021-31

Global Creamed Coconut Market is classified on the basis of End User into Food & Beverages, Cosmetics & Personal Care, Household, and Others. Due to the industry's growing reliance on coconut-related items, the cosmetics and personal care area is predicted to experience tremendous growth. In addition, creamed coconut is thought to be a crucial component in the creation of deodorants, hair conditioners, and body lotions, which is expected to raise demand for it in the cosmetics sector.

MARKET DYNAMICS

Drivers

The Growing Demand for Flavoring Agents in Foods and Veganism Trend
.
Consumer Inclination towards Creamed Coconut due to its Benefits

Restraint

Strict Bans on the Export and Plantation Effects on Human Health
.
GLOBAL CREAMED COCONUT MARKET:

Key Players

• Jaindi Exports (Pvt) Ltd

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

• GloryBee
• Renuka Foods PLC
• Edward & Sons Trading Co.
• AB World Foods Limited
• Lucy Bee Beauty
• The Bart Ingredients Company Ltd
• Rapunzel Naturkost GmbH
• KTC Edibles
• Tropical Sun Foods
• Other Prominent Players

GLOBAL CREAMED COCONUT MARKET REPORT ALSO CONTAINS ANALYSIS ON:

Creamed Coconut Market Segments:

• By Source
• Organic
• Conventional
• By Distribution Channel
• Direct Sales
• Indirect Sales
• By End User
• Food & Beverages
• Cosmetics & Personal Care
• Household
• Others
• Creamed Coconut Market Dynamics
• Creamed Coconut Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.