Global Coconut Milk Powder Market Growth 2023-2029

Global Coconut Milk Powder Market Growth 2023-2029

Coconut milk powder is a fine, white powder used in Southeast Asian and other cuisines. Coconut milk powder is manufactured through the spray drying process of raw unsweetened coconut cream and is reconstituted with water for use in recipes that call for coconut milk. Many commercially available coconut milk powders list milk or casein among their ingredients.

LPI (LP Information)' newest research report, the “Coconut Milk Powder Industry Forecast” looks at past sales and reviews total world Coconut Milk Powder sales in 2022, providing a comprehensive analysis by region and market sector of projected Coconut Milk Powder sales for 2023 through 2029. With Coconut Milk Powder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Coconut Milk Powder industry.

This Insight Report provides a comprehensive analysis of the global Coconut Milk Powder 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 Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Coconut Milk Powder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Coconut Milk Powder 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 Powder.

The global Coconut Milk Powder market size is projected to grow from US$ 907.6 million in 2022 to US$ 1266.6 million in 2029; it is expected to grow at a CAGR of 1266.6 from 2023 to 2029.

Southeast Asia is the largest market with about 24% revenue market share. Followed by Europe, accounting for about 18% revenue market share.

The key players are Cocomi, Caribbean, Maggi, Fiesta, Renuka, Cocos, Qbb, Thai-Choice, Ayam etc. Maggi is the largest manufacturer with about 10% revenue market share.

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

Market Segmentation:

Segmentation by type
Pure Coconut Milk Powder
Mixed Coconut Milk Powder

Segmentation by application
Beverages
Savory & Snacks
Bakery & Confectionery
Dairy & Frozen 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 analyzing the company's coverage, product portfolio, its market penetration.
Cocomi
Caribbean
Maggi
Fiesta
Renuka
Cocos
Qbb
Thai-Choice
Ayam

Key Questions Addressed in this Report

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

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

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

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

How does Coconut Milk Powder break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.