Coconut Milk And Cream Market, By Category (Organic, Conventional), By Application (Processed Food, Retail/Packaged Coconut Milk and Coconut Cream), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Description

The global coconut milk and cream market is projected to reach around US$ 5.42 Billion by 2030, exhibiting a CAGR of 8.3% during the forecast period (2023-2030).

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 2.87 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	8.30%	2030 Value Projection:	US$ 5.42 Bn

Global Coconut Milk and Cream Market Share (%), By Region, 2022

Coconut milk and cream are great alternatives to dairy milk. Both are rich in Medium-chain Fatty Acids (MCFAs), which help the body to burn fat and boost brain power. Coconut milk and cream are available in canned and boxed varieties. These dairy-free drinks are an excellent way to replace dairy products, without compromising flavor and texture. Although coconut cream is sweeter and lower in calories, it does contain the same nutrient content as coconut milk. When paired with ice cream, it lends a tropical flavor and color to any dessert. It can also be used as a garnish on ice cream. When mixed with fruit or in other tropical drinks, coconut cream is a wonderful addition.

Market Dynamics

The growing vegetarian population is augmenting Global Coconut Milk and Cream Market growth. Increasing incidence of lactose intolerance among people is again creating the demand for plant-based proteins. Moreover, the advent of organically sourced coconuts is further anticipated to foster the market growth.

Global Coconut Milk and Cream Market is expected to experience a surge in demand, due to the increasing consumer concerns, associated with the consumption of traditional dairy-based foods and beverages and the adoption of vegan diets. Coconut-based food products have been a driving force in the shift from animal-based to plant-based consumer demands, and coconut-based products have been a major contributor to this shift. This gradual transition towards a plant-based lifestyle is largely driven by ecological considerations, health awareness, ethical or religious convictions, and a heightened awareness of environmental concerns and animal rights. No matter the classification criteria, grounds, or types, there is an increasing number of vegans around the world, which is leading to an increased demand for vegan food products and a subtle presence of coconut milk and cream among key vegan food ingredients.

Key features of the study:

This report provides an in-depth analysis of the global coconut milk and cream market and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global coconut milk and cream market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
The key companies covered as a part of this study include McCormick & Company Inc., Danone SA, Sambu Group, Adamjee Lukmanjee & Sons (Pvt.) Ltd, Cardinal Agri Products Inc., Petrow Food Group, Axelum Resources Corp., Kapar Coconut Industries Sdn Bhd, Primex Group of Companies, Only Earth, Stancodex Sdn Bhd, Greenville Agro Corporation, Celebes Coconut Corporation, M&S Food Industries, Goya Foods Inc., and Roxas Sigma Agriventures Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global coconut milk and cream market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global coconut milk and cream market

Coconut Milk and Cream Market Detailed Segmentation:

By Category:
- Organic
- Conventional
By Application:
- Processed Food
- Retail/Packaged Coconut Milk and Coconut Cream
- Foodservice
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles
- McCormick & Company Inc.
- Danone SA
- Sambu Group
- Adamjee Lukmanjee & Sons (Pvt.) Ltd
- Cardinal Agri Products Inc.
- Petrow Food Group
- Axelum Resources Corp.
- Kapar Coconut Industries Sdn Bhd
- Primex Group of Companies
- Only Earth
- Stancodex Sdn Bhd
- Greenville Agro Corporation
- Celebes Coconut Corporation
- M&S Food Industries
- Goya Foods Inc.
- Roxas Sigma Agriventures Inc.

Product Code: CMI5162

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Category
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trends
- PEST Analysis
- PORTERS'S Analysis
- New Product Approvals/Launches
- Mergers, Acquisitions and Collaborations

4. Global Coconut Milk and Cream Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Coconut Milk and Cream Market, By Category, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2018 and 2030 (%)
- Y-o-Y Growth Analysis, 2023-2030
- Segment Trends
Organic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Conventional
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

6. Global Coconut Milk and Cream Market, By Application, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2018 and 2030 (%)
- Y-o-Y Growth Analysis, 2023-2030
- Segment Trends
Processed Food
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Retail/Packaged Coconut Milk and Coconut Cream
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Foodservice
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)

7. Global Coconut Milk and Cream Market, By Region, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2018 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2023-2030
- Country Trends
North America
- Market Size and Forecast, and Y-o-Y Growth, By Category, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Bn)
U.S.
Canada
Europe
- Market Size and Forecast, and Y-o-Y Growth, By Category, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Market Size and Forecast, and Y-o-Y Growth, By Category, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
- Market Size and Forecast, and Y-o-Y Growth, By Category, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Market Size and Forecast, and Y-o-Y Growth, By Category, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country,2023-2030,(US$ Bn)
GCC
South Africa
Rest of Middle East & Africa

8. Competitive Landscape

Company Profiles
- McCormick & Company Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- Danone SA
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Sambu Group
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Adamjee Lukmanjee & Sons (Pvt.) Ltd
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Cardinal Agri Products Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Petrow Food Group
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Axelum Resources Corp.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Kapar Coconut Industries Sdn Bhd
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Primex Group of Companies
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Only Earth
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Stancodex Sdn Bhd
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Greenville Agro Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Celebes Coconut Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- M&S Food Industries
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Goya Foods Inc
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies.
- Roxas Sigma Agriventures Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Analyst Views

9. Section

Research Methodology
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