Market Overview:
The global coconut milk powder market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for plant-based milk alternatives, increasing awareness about the health benefits of coconut milk, and growing trend of veganism and vegetarianism. Based on type, the global coconut milk powder market can be segmented into pure and mixed. The pure segment is expected to account for a larger share of the market in terms of revenue during the forecast period. This can be attributed to its high demand from applications such as beverages, savory & snacks, bakery & confectionery, dairy & frozen products, and others. Based on application, the global coconut milk powder market can be segmented into beverages (milk shakes/smoothies/coffee), savory & snacks (soup mixes/noodles/curry paste), bakery & confectionery (cakes/puddings/ice cream), dairy products (yogurt drinks/butterfly pea tea), and frozen products (ice cream bars). The beverage segment is expected to account for a larger share of the market in terms of revenue during the forecast period.
Product Definition:
Coconut milk powder is made from the flesh of the coconut. The oil is extracted and the solids are dried. It can be reconstituted with water or used in recipes that call for coconut milk. Coconut milk powder is high in fat and calories, but it also has some health benefits, including being a good source of fiber, vitamin C, and potassium.
Pure:
Coconut milk powder is a by-product obtained during the process of coconut milk preparation. It has several advantages over other powdered dairy products such as high nutritional value and low fat content. The product contains various minerals, vitamins, proteins and carbohydrates which are essential for human nutrition.
Mixed:
Coconut milk powder is a by-product obtained during the process of coir manufacturing. It is made from coconut shell charcoal and water, which are mixed to produce fiber for industrial applications. The powder has high demand in end-use industries such as pharmaceuticals, cosmetics, food & beverages and pet food owing to its high nutritional value with an excellent amino acid profile.
Application Insights:
Beverages was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Coconut milk powder is used as a dairy alternative in beverages, such as smoothies and milkshakes. Growing health consciousness among consumers, coupled with rising demand for vegan food products across the globe, has been driving this segment.
The savory & snacks application segment accounted for a share of 15% in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 owing to increasing consumption of spiced foods around the world. The product finds applications in various snack items like curries, dumplings soup noodles etc., which add an authentic taste while maintaining nutritional standards intact. These factors are expected drive market demand over next eight years or so.
Regional Analysis:
Asia Pacific dominated the global coconut milk powder market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing consumption of dairy and bakery products. Coconut is a major ingredient used across various industries in countries such as India, Philippines, Indonesia, Malaysia, Sri Lanka and Thailand for making desserts and beverages. Coconut milk powder helps reduce saturated fat content while maintaining maximum nutrition levels during preparation of various dishes/beverages using coconuts as an ingredient or base product.
Growth Factors:
- Increasing demand for plant-based milk alternatives: Coconut milk powder is a plant-based milk alternative, which is seeing increasing demand from consumers due to its health benefits.
- Rising awareness of the health benefits of coconut milk: Coconut milk has been gaining popularity in recent years due to its numerous health benefits, such as aiding in weight loss, improving heart health, and reducing inflammation. This has led to an increase in the demand for coconut milk powder.
- Growing popularity of veganism and vegetarianism: The number of people adopting veganism and vegetarianism is growing rapidly, which is driving the demand for plant-based products like coconut milk powder.
- Increasing trend of snacking: Coconut milk powder can be used as a healthy snack option, which is contributing to its growing popularity among consumers. It can also be added to smoothies or other beverages for a quick and nutritious snack on the go!
Scope Of The Report
Report Attributes
Report Details
Report Title
Coconut Milk Powder Market Research Report
By Type
Pure, Mixed
By Application
Beverages, Savory & Snacks, Bakery & Confectionery, Dairy & Frozen Products, Others
By Companies
Cocomi, Caribbean, Maggi, Fiesta, Renuka, Cocos, Qbb, Thai-Choice, Ayam
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Coconut Milk Powder Market Report Segments:
The global Coconut Milk Powder market is segmented on the basis of:
Types
Pure, Mixed
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Beverages, Savory & Snacks, Bakery & Confectionery, Dairy & Frozen Products, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cocomi
- Caribbean
- Maggi
- Fiesta
- Renuka
- Cocos
- Qbb
- Thai-Choice
- Ayam
Highlights of The Coconut Milk Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pure
- Mixed
- By Application:
- Beverages
- Savory & Snacks
- Bakery & Confectionery
- Dairy & Frozen Products
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Coconut Milk Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Coconut milk powder is a finely ground product made from the dried and shredded coconut meat. It can be used as an ingredient in food or cosmetics.
Some of the major companies in the coconut milk powder market are Cocomi, Caribbean, Maggi, Fiesta, Renuka, Cocos, Qbb, Thai-Choice, Ayam.
The coconut milk powder market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Coconut Milk Powder Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Coconut Milk Powder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Coconut Milk Powder Market - Supply Chain
4.5. Global Coconut Milk Powder Market Forecast
4.5.1. Coconut Milk Powder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Coconut Milk Powder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Coconut Milk Powder Market Absolute $ Opportunity
5. Global Coconut Milk Powder Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Coconut Milk Powder Market Size and Volume Forecast by Type
5.3.1. Pure
5.3.2. Mixed
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Coconut Milk Powder Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Coconut Milk Powder Market Size and Volume Forecast by Application
6.3.1. Beverages
6.3.2. Savory & Snacks
6.3.3. Bakery & Confectionery
6.3.4. Dairy & Frozen Products
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Coconut Milk Powder Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Coconut Milk Powder Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Coconut Milk Powder Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Coconut Milk Powder Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Coconut Milk Powder Demand Share Forecast, 2019-2029
9. North America Coconut Milk Powder Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Coconut Milk Powder Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Coconut Milk Powder Market Size and Volume Forecast by Application
9.4.1. Beverages
9.4.2. Savory & Snacks
9.4.3. Bakery & Confectionery
9.4.4. Dairy & Frozen Products
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Coconut Milk Powder Market Size and Volume Forecast by Type
9.7.1. Pure
9.7.2. Mixed
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Coconut Milk Powder Demand Share Forecast, 2019-2029
10. Latin America Coconut Milk Powder Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Coconut Milk Powder Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Coconut Milk Powder Market Size and Volume Forecast by Application
10.4.1. Beverages
10.4.2. Savory & Snacks
10.4.3. Bakery & Confectionery
10.4.4. Dairy & Frozen Products
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Coconut Milk Powder Market Size and Volume Forecast by Type
10.7.1. Pure
10.7.2. Mixed
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Coconut Milk Powder Demand Share Forecast, 2019-2029
11. Europe Coconut Milk Powder Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Coconut Milk Powder Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Coconut Milk Powder Market Size and Volume Forecast by Application
11.4.1. Beverages
11.4.2. Savory & Snacks
11.4.3. Bakery & Confectionery
11.4.4. Dairy & Frozen Products
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Coconut Milk Powder Market Size and Volume Forecast by Type
11.7.1. Pure
11.7.2. Mixed
11.8. Basis Point Share (BPS) Aalysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Coconut Milk Powder Demand Share, 2019-2029
12. Asia Pacific Coconut Milk Powder Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Coconut Milk Powder Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Coconut Milk Powder Market Size and Volume Forecast by Application
12.4.1. Beverages
12.4.2. Savory & Snacks
12.4.3. Bakery & Confectionery
12.4.4. Dairy & Frozen Products
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Coconut Milk Powder Market Size and Volume Forecast by Type
12.7.1. Pure
12.7.2. Mixed
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Coconut Milk Powder Demand Share, 2019-2029
13. Middle East & Africa Coconut Milk Powder Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Coconut Milk Powder Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Coconut Milk Powder Market Size and Volume Forecast by Application
13.4.1. Beverages
13.4.2. Savory & Snacks
13.4.3. Bakery & Confectionery
13.4.4. Dairy & Frozen Products
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Coconut Milk Powder Market Size and Volume Forecast by Type
13.7.1. Pure
13.7.2. Mixed
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Coconut Milk Powder Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Coconut Milk Powder Market: Market Share Analysis
14.2. Coconut Milk Powder Distributors and Customers
14.3. Coconut Milk Powder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cocomi
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Caribbean
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Maggi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fiesta
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Renuka
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cocos
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Qbb
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Thai-Choice
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ayam
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook