Global Coconut Milk Powder Market Size

Author: Elena Anderson Marketing Manager

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Global Coconut Milk Powder Market Outlook 2023-2028

According to the latest report by IMARC Group, titled “Coconut Milk Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global coconut milk powder market is expected to grow at a CAGR of 10.01% during 2023-2028. Coconut milk powder is produced by spray-drying the water content from raw, unsweetened coconut cream. It is rich in magnesium, iron, calcium, zinc, phosphorus, medium-chain triglycerides (MCTs), and vitamins

A, D, E, and K. The consumption of coconut milk powder aids in reducing inflammation, fighting bacteria, lowering blood pressure levels, building muscle, enhancing respiratory functions, and treating stomach ulcers.

As compared to fresh coconut milk, the powder is lighter in weight and has a longer shelf life, which helps in maintaining the natural flavor, texture, and aroma of the product. On account of these benefits, coconut milk powder is extensively utilized as a base in various confectionery items and beverages, such as tea, coffee, sauces, yogurt, milkshakes, and chocolates.

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Global Coconut Milk Powder Market Trends:

The global coconut milk powder market is majorly being driven by rapid expansion in the food and beverage (F&B) industry, wherein it is used as a foaming, thickening, and emulsifying agent. In line with this, the increasing health consciousness and rising awareness regarding the health benefits of coconut milk powder are further catalyzing the market growth.

Additionally, the emerging trend of veganism and the growing lactose-intolerant population have prompted manufacturers to introduce non-genetically modified organisms (non-GMOs)- and gluten-free product variants, which are positively influencing the market growth. Furthermore, improvements in store-based distribution channels and the easy product availability through proliferating online retail channels are some other factors fueling the market growth.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/coconut-milk-powder-market

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Key Market Segmentation:

The report has segmented the Global Coconut Milk Powder Market on the basis of type, component, deployment mode, organization size and vertical.

Breakup by Product:

• Conventional

• Organic

Breakup by Type:

• Sweetened

• Unsweetened

Breakup by Packaging Type:

• Pouches

• Cartons

• Bottles

• Others

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Breakup by Application:

• Beverages

• Savories

• Bakery & Confectionery

• Dairy & Frozen Products

• Others

Breakup by Distribution Channel:

• B2B

• B2C

• Supermarkets and Hypermarkets

• Convenience Stores

• Online Retailers

• Others

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Breakup by Region:

• North America

• Asia-Pacific

• Europe

• Latin America

• Middle East and Africa

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Competitive Landscape With Key Players:

The competitive landscape of the Global Coconut Milk Powder Market has been studied in the report with the detailed profiles of the key players operating in the market.

• Anthony's Goods (ACH Food Companies Inc.)

• BareOrganics

• Bramble Berry Inc.

• Dr. Ben Kim Natural Health Solutions

• Enerhealth Botanicals LLC

• Grace Foods Canada Inc.

• Healthworks

• King Arthur Flour Company Inc.

• KOS Naturals and Nestlé S.A.

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Key Questions Answered in the Report

Report Description

How has the global coconut milk powder market performed so far and how will it perform in the coming years?

• What has been the impact of COVID-19 on the global coconut milk powder market?

• What are the key regional markets?

• What is the breakup of the market based on the product?

• What is the breakup of the market based on the type?

• What is the breakup of the market based on the packaging type?

• What is the breakup of the market based on the application?

• What is the breakup of the market based on the distribution channel?

• What are the various stages in the value chain of the industry?

• What are the key driving factors and challenges in the industry?

• What is the structure of the global coconut milk powder market and who are the key players?

• What is the degree of competition in the industry?

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