Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1353.14 Million | USD 2638.06 Million | 7.70% | 2023 |
FrequentlyAsked Questions
Coconut milk is a white liquid which is extracted from the pulp of coconut. It has rich and delicious taste of coconut milk and has high oil content. The product is also used to produce milk substitutes such as soy milk, almond, etc.
According to a study, the global coconut milk products market size was worth around USD 1353.14 million in 2023 and is expected to reach USD 2638.06 million by 2032.
The global coconut milk products market is expected to grow at a CAGR of 7.70% during the forecast period.
Asia-Pacific is expected to dominate the coconut milk products market over the forecast period.
Leading players in the global coconut milk products market include Danone S.A, Goya Foods, Inc, GraceKennedy Limited, McCormick and Company, Inc, Nestle S A, Pacific Foods of Oregon, LLC, Sambu Group, Thai Agri Food PLC, Thai Coconut Public Company Limited, and Celebes Coconut Corporation, among others, among others.
The coconut milk products market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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