Bharat Book Bureau Provides the Trending Market Research Report on “Global Coconut Milk Market Research Report Forecast to 2023”
under Beverages category.
The report offers a
collection of superior market research, market analysis, competitive
intelligence and industry reports.
Coconut Milk Market Research
Report: Information by Category (Conventional & Organic), Form (Powder,
& Liquid), Packaging Type (Bottles, Cans, Pouches, & Others)
Distribution Channel (Store-based & Non-store-based), & Region – Global
Forecast till 2023
Market analysis
Coconut
Milk is obtained by using the
de-watered nuts. The nuts are broken into little pieces and are then exposed to
paring pursued by milk extraction; after this progression, the milk is
separated and sent for a quality check to get exceedingly purified coconut
milk. The rising reception of veganism over the world offers the market players
worthwhile opportunities for development. In Asia-Pacific and African region,
consumers are changing to vegetarian ways of life because of moral worries for
animals and nature. Veggie diets are likewise seen as a sound and healthy diet
and include the utilization of normal sustenance items, for example, coconut
milk. However, the high price of coconut milk powder is expected to hinder the
market growth. The global coconut milk market is projected to grow at a CAGR of
14.61% by reaching the valuation of USD
2,350.8 million during the forecast period 2018- 2023.
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Market segmentation
The global coconut milk market is
segmented on the basis of its category, form, packaging type, distribution
channel, and regional demand. Based on its category, the market is bifurcated
into organic and conventional. Based on its form, the market is segmented into
powder and liquid. On the basis of its packaging type, the market is classified
into Pouches, Bottles, Cans, Others. Based on its distribution channel, the
market is distributed into store-based and non-store based. The former is
segmented into Convenience Stores, Supermarkets & Hypermarkets, Others.
Regional analysis
Geographically, the global coconut
milk market is divided into global regions like Europe, North America, Asia-
Pacific, Middle East, LATAM, and Africa.
Major players
Danone SA (France), Theppadungporn
Coconut Co., Ltd (Thailand), and Thai coconut Public Company (Thailand),
McCormick & Company, Inc. (US), Goya Foods, Inc. (New Jersey), Dabur India
Ltd (India), Vita Coco (US), Celebes Coconut Corp. (Philippines), Thai Agri Foods
Public Co., Ltd (Thailand), are some of the major market players in the global
coconut milk market.
Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/global-coconut-milk-market-research-report-forecast-to-2023/1571240
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