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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 2017, these regions occupied 73.81% of the global consumption volume in total.
According to this study, over the next five years the Coconut Milk market will register a 17.4% CAGR in terms of revenue, the global market size will reach US$ 1430 million by 2024, from US$ 640 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Coconut Milk business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Coconut Milk market by product type, application, key manufacturers and key regions and countries.
This study considers the Coconut Milk value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Regular Coconut Milk
- Organic Coconut Milk
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Direct Drink
- Dairy & Dessert
- Baked Products
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- - United States
- - Canada
- - Mexico
- - Brazil
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- - Germany
- - France
- - UK
- - Italy
- - Russia
- - Spain
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Theppadungporn Coconut
- Asiatic Agro Industry
- PT. Sari Segar Husada
- Ahya Coco Organic Food Manufacturing
- Heng Guan Food Industrial
- WhiteWave Foods
- Coconut Palm Group
- Goya Foods
- Renuka Holdings
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Coconut Milk consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Coconut Milk market by identifying its various subsegments.
- Focuses on the key global Coconut Milk manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Coconut Milk with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Coconut Milk submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.