Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.76 Billion | USD 6.34 Billion | 3.82% | 2022 |
FrequentlyAsked Questions
Desiccated coconut is made out of the flesh of mature coconuts. It is graded or shredded into thin and small pieces. To remove the moisture content of this form of coconut, the pieces are dried which usually takes place using sunlight or hot air.
The global desiccated coconut powder market is projected to grow owing to the expanding F&B sector across the world.
According to study, the global desiccated coconut powder market size was worth around USD 4.76 billion in 2022 and is predicted to grow to around USD 6.34 billion by 2030.
The CAGR value of desiccated coconut powder market is expected to be around 3.82% during 2023-2030.
The global desiccated coconut powder market is expected to witness the highest growth in Asia-Pacific with countries such as India, Indonesia, Sri Lanka, Thailand, and the Philippines holding dominance over the majority of the regional share.
- The global desiccated coconut powder market is led by players like Marudhar Foods Pvt. Ltd., Primex Coco Products Inc., Royce Food Corporation, Celebes Coconut Corporation, Meghna Group of Industries, Pacific Eastern Coconut Utama, Sri Lanka Export Development Board, Rasaku, Adamjee Lukmanjee & Sons Pvt. Ltd., Cocoguru Coconut Industries Pvt. Ltd., PT Global Coconut, Goya Foods, Inc., Sun Bio Naturals India Pvt. Ltd., Q.B.B. Pure Ghee, QRS Retail Ltd., ZICO Beverages, LLC, P.T. Grand Multi Chemicals, Santhome Foods, Primrose's Kitchen, Farmvilla Food Industries Pvt. Ltd., Nature's Charm, and Trader Joe's.
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