Global Coconut Milk Powder market cagr 11.2%

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Coconut Milk Powder Market

Coconut Milk Powder Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Coconut Milk Powder Market Size and Growth

The Coconut Milk Powder market is projected to experience significant growth, driven by rising consumer demand for plant-based products. The market size was valued at approximately USD 500 million in 2022 and is expected to reach USD 1 billion by 2028, with a CAGR of around 12% during the forecast period.

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Companies Covered

(Covid 19 Impact Covered)

◍ Cocomi

◍ Caribbean

◍ Maggi

◍ Fiesta

◍ Renuka

◍ Cocos

◍ Qbb

◍ Thai-Choice

◍ Ayam

The coconut milk powder market features key players like Cocomi, Caribbean, Maggi, Fiesta, Renuka, Cocos, Qbb, Thai-Choice, and Ayam. These companies enhance market growth by innovating product offerings, expanding distribution, and promoting health benefits. Sales revenues vary, with notable figures reportedly in the millions for several brands.

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Market Segmentation

By Application

Beverages ◍ Savory & Snacks ◍ Bakery & Confectionery

◍ Dairy & Frozen Products ◍ Others

By Product

◍ Pure Coconut Milk Powder

Mixed Coconut Milk Powder

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Market Growth

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$ X Billion USD

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