The global Coconut Milk market was valued at US$ 893.2 million in 2019 and is expected to reach US$ 2711.9 million by the end of 2026, growing at a CAGR of 17.0% during 2021-2026.
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.
Currently, there are several producing companies in the world coconut milk industry. The main players are Theppadungporn Coconut, ThaiCoconut, Asiatic Agro Industry, PT. Sari Segar Husada and SOCOCO. The global sales of coconut milk increases to 343178 MT in 2018 from 188801 MT in 2013 with average growth rate of 12.69%. In consumption market, North America, South America and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2018, these regions occupied 73.81% of the global consumption volume in total.
Global Coconut Milk Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Coconut Milk Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Theppadungporn Coconut, Thaicoconut, Asiatic Agro Industry, Pt. Sari Segar Husada, Sococo, Ahya Coco Organic Food Manufacturing, Heng Guan Food Industrial, Whitewave Foods, Coconut Palm Group, Betrimex, Goya Foods, Renuka Holdings, Holistatranzworld, Unicoconut and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-coconut-milk-market-research-report
Segment by Type
- Regular Coconut Milk
- Organic Coconut Milk
Segment by Application
- Direct Drink
- Dairy & Dessert
- Baked Products
Table of Content:
1 Coconut Milk Market Overview
2 Coconut Milk Market Competition by Manufacturers
3 Coconut Milk Retrospective Market Scenario by Region
4 Global Coconut Milk Historic Market Analysis by Type
5 Global Coconut Milk Historic Market Analysis by Application
6 Key Companies Profiled
7 Coconut Milk Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Coconut Milk Market Dynamics
10 Global Coconut Milk Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.