Coconut Milk Market Growth, Geographical Expansion and Development Status | Goya Foods Inc., Pureharvest, McCormick & Company, Inc., Theppadungporn Coconut Co. Ltd., Edward & Sons Trading Co.

Global Coconut Milk Industry 2019 Market Research Report focuses on price, sales, revenue and growth rate of each type, as well as the types and each type price of key manufacturers, through interviewing key manufacturers. Second on basis of segments by manufacturers, this report focuses on the sales, price of each type, average price of Credit Insurance, revenue and market share, for key manufacturers.

Global coconut milk market is expected to register a healthy CAGR of 16.8% in the forecast period of 2019-2026. Increasing adoption of coconut milk in cosmetic industry, is the major factor for the growth of the market. 

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Global Coconut Milk Market By Nature (Organic and Conventional), Form (Powder and Liquid), Packaging Type (Pouches, Bottles, Cans, Others), Product Type (Coconut Cream, Coconut Milk Powder and Others), End Use (Food & Beverage Processing, Cosmetics & Personal Care, Functional Food & Dietary Supplements, Food Services, and Household), Distribution Channel (Convenience Stores, Supermarkets & Hypermarkets, Others) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026 

Complete report on Global Coconut Milk Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures 

Market Definition: Global Coconut Milk Market 

Coconut milk is milky, white in color, which is extracted from the flesh of mature coconuts. Coconut milk can be available in thick or thin nature.  With the help of mature coconuts the thick milk can be obtained.  This is extracted by squeezing the flesh of fresh coconuts. Thick milk provides more fat than thin milk. Coconut oil is used in preparation of baked goodies, ice creams, coconut whipped cream and many more delicious products. Coconut milk has major health benefits such as it weight loss, improves cardiac health and enhances the function of the immune system. 

Key Questions Answered in Global Coconut Milk Market Report:- 

Our Report offers:- 

  • What will the market growth rate, Overview and Analysis by Type of Global Coconut Milk Market in 2026?
  • What are the key factors driving, Analysis by Applications and Countries Global Coconut Milk Market?
  • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Coconut Milk Market?
  • Who are Opportunities, Risk and Driving Force of Global Coconut Milk Market?
  • Who are the opportunities and threats faced by the vendors in Global Coconut Milk Market? Business Overview by Type, Applications, Gross Margin and Market Share
  • What are the Global Coconut Milk Market opportunities, market risk and market overview of the Market? 

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Top Key Players:

  • Goya Foods Inc.,
  • Pureharvest,
  • McCormick & Company, Inc.,
  • Theppadungporn Coconut Co. Ltd.,
  • Edward & Sons Trading Co., ,
  • iTi Tropicals, ,
  • Dabur,
  • Thai Agri Foods Public Company Limited,
  • ThaiCoconut public company(limited),
  • Danone,
  • Celebes Coconut Corporation,
  • Asiatic Agro Industry Co. Ltd.,
  • Ahya Coco Organic Food Manufacturing Corp.
  • Heng Guan Food Industrial Pte Ltd,
  • The WhiteWave Foods Company
  • among others. 

Market Drivers: 

  • Rising demand for plant-based food products will drive the market growth
  • Increasing adoption of coconut milk products in several food recipes is another factor boosting the market growth
  • Increasing prevalence of lactose intolerance in North America and Europe will boost the market
  • Growing awareness about the health benefits of coconut milk will also fuel the growth of the market in the forecast period 

Market Restraints: 

  • Increasing allergies due to high consumption of coconut milk will hamper the growth of market
  • Availability of substitutes to coconut milk such as spiced milk, soy milk, and yoghurt hinders the market growth
  • High cost of coconut milk as compared to dairy milk is another factor restraining the growth of this market 

Key Developments in the Market:

  • In December 2018, Danone introduced Oikos made with coconut milk which is plant based yogurt product for children. This will help to increase the product portfolio as well as revenue of a company
  • In July 2017, Vita coco had launched innovative dairy alternative which consist of low-calorie and low-fat coconut milk. The new product was intended to fulfill the requirements of health conscious consumers. This launch will help to increase the growth of coconut water, milk and oil categories further enhancing the. product line and profit margin of the company

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Market Segmentations:

Global Coconut Milk Market is segmented on the basis of

  • Nature
  • Form
  • Packaging Type
  • Product Type
  • End-User
  • Distribution Channel
  • Geography

Market Segmentations in Details:

By Nature

  • Organic
  • Conventional

By Form

  • Powder
  • Liquid

By Packaging Type

  • Pouches
  • Bottles
  • Cans
  • Others

By Product Type

  • Coconut Cream
  • Coconut Milk Powder
  • Others

By End Use

  • Food & Beverage Processing
  • Cosmetics & Personal Care
  • Functional Food & Dietary Supplements
  • Food Services
  • Household

By Distribution Channel

  • Convenience Stores
  • Supermarkets & Hypermarkets
  • Others

By Geography

North America

  • S.
  • Canada,
  • Mexico


  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Turkey
  • Belgium
  • Netherlands
  • Switzerland
  • Rest of Europe


  • Japan
  • China
  • South Korea
  • India
  • Australia
  • Singapore
  • Thailand
  • Malaysia
  • Indonesia
  • Philippines
  • Rest of Asia Pacific

South America

  • Brazil
  • Rest of South America

Middle East & Africa

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA

Competitive Analysis: Global Coconut Milk Market

Global coconut milk market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of coconut milk for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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