Global Coconut Milk Market Growth 2025-2031

Global Coconut Milk Market Growth 2025-2031

The global Coconut Milk market size is predicted to grow from US$ 1509 million in 2025 to US$ 2709 million in 2031; it is expected to grow at a CAGR of 10.2% from 2025 to 2031.

Coconut milk is the liquid that comes from the grated pulp of a mature coconut. The opacity and rich taste of coconut milk are due to its high oil content, most of which is saturated fat.

With more consumers adopting plant-based diets for health, ethical, or environmental reasons, there has been a significant rise in the demand for dairy-free alternatives like coconut milk. Coconut milk is a staple in Southeast Asian, African, and Caribbean cuisines. As global cuisine trends continue to grow, and international dishes become more popular in Western markets, coconut milk is finding its way into everyday cooking, especially in the preparation of curries, soups, sauces, and desserts.

Coconut milk production begins with sourcing mature coconuts, primarily grown in tropical regions such as Southeast Asia (e.g., the Philippines, Indonesia, and Thailand), South Asia (e.g., India and Sri Lanka), and some parts of Latin America and Africa. These countries are key global producers of coconuts due to their optimal growing conditions. About 50% coconut milk sold globally are produced in Southeast Asia.

LP Information, Inc. (LPI) ' newest research report, the “Coconut Milk Industry Forecast” looks at past sales and reviews total world Coconut Milk sales in 2024, providing a comprehensive analysis by region and market sector of projected Coconut Milk sales for 2025 through 2031. With Coconut Milk sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Coconut Milk industry.

This Insight Report provides a comprehensive analysis of the global Coconut Milk landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Coconut Milk portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Coconut Milk market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Coconut Milk and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Coconut Milk.

This report presents a comprehensive overview, market shares, and growth opportunities of Coconut Milk market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Regular Coconut Milk
Organic Coconut Milk

Segmentation by Application:
Cooking
Dairy & Dessert
Baked Products
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Theppadungporn Coconut
Thai Coconut Public Company
Asiatic Agro Industry
PT. Sari Segar Husada
SOCOCO
Ahya Coco Organic Food Manufacturing
Heng Guan Food Industrial
Danone
Coconut Palm Group
Betrimex
Hainan Leye Food
Renuka Holdings
HolistaTranzworld
UNICOCONUT

Key Questions Addressed in this Report

What is the 10-year outlook for the global Coconut Milk market?

What factors are driving Coconut Milk market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Coconut Milk market opportunities vary by end market size?

How does Coconut Milk break out by Type, by Application?