The Global Coconut Milk Market is projected to reach USD 1.12 billion by 2027. The Coconut Milk market is fueled by the rising usage of the healthy alternatives of the cow & other animal milk products. Also, many health benefits of using coconut milk in food & beverage and the personal care products are propelling the market growth. Moreover, the growing demand for bio-based cosmetics anticipated opening new growth opportunities for the target market.
The
global Coconut Milk market research report provides a brief overview inclusive
of competitive landscape and key developments in the market. It provides an
extensive study analysis of the strategic alliances such as
mergers and acquisitions, joint ventures, collaborations, product launches and
brand promotions, corporate deals and partnerships, among others. It also
offers insights into company overview, financial standing, business expansion
plans, and revenue growth of each company.
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Key participants
include Anthony’s Goods, Bramble Berry Inc., Enerhealth, King Arthur Flour
Company, Inc., Nestlé Inc., Grace Foods Canada Inc., Thai Agri Foods, M&S
Food Industries, Celebes Coconut Corporation, and Fresh Fruit Ingredients Inc.,
among others.
Further key findings
from the report suggest
- The growing cosmetic demand due to
its highly competitive nature is encouraging manufacturers to introduce
new and innovative cosmetics, which, in turn, is contributing to the
accelerated growth of this segment.
- An increase in awareness amongst
health-conscious people for the use of coconut milk due to its high
nutritional attributes is driving the market demand. Therefore, a
significant contributor to the consumption of coconut sugar is the mineral
composition, which generated significant revenue for the market.
- Coconut milk is quite healthier
owing to its nutritional attributes, which include Vitamin C, minerals
such as potassium, iron, zinc, and phosphorus, and phytonutrients such as
flavonoids, antioxidants, polyphenols, and anthocyanidin.
- In October 2019, Nutiva launched
Organic MCT Creamer, a powdered, plant-based creamer packed with the
benefits of medium-chain triglycerides (MCTs). It is crafted with Nutiva
Organic MCT Powder, coconut milk powder, and a touch of coconut sugar.
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For the purpose of this
report, Reports and Data have segmented into the global on the basis of
nutritional components, form, end-use verticals, and region:
Nutritional Components
Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Vitamin C
- Minerals
- Phytonutrients
Form Outlook (Revenue:
USD Billion; Volume: Kilo Tons; 2017-2027)
- Powder
- Liquid
End-Use Verticals
Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Personal Care & Cosmetics
- Dairy & Frozen Foods
- Bakery & Confectionary
- Pharmaceuticals
- Others
Regional Outlook
(Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- North America
- U.S
- Canada
- Europe
- Germany
- U.K
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of APAC
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
- Latin America
- Brazil
- Rest of LATAM
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full report here @
https://www.reportsanddata.com/report-detail/coconut-milk-market
Objective of Studies:
- To provide detailed analysis of the market structure
along with forecast of the various segments and sub-segments of the global
Coconut Milk market.
- To provide insights about factors affecting the
market growth. To analyze the Coconut Milk market based on various
factors- price analysis, supply chain analysis, Porte five force analysis
etc.
- To provide historical and forecast revenue of the
market segments and sub-segments with respect to four main geographies and
their countries- North America, Europe, Asia, Latin America and Rest of
the World.
- To provide country level analysis of the market with
respect to the current market size and future prospective.
Thank
you for reading this article. You can also get chapter-wise sections or
region-wise report coverage for North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa.
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