Market Overview

The Global Coconut Milk Products Market was valued at USD 1,117.6 million in 2023 and is expected to reach USD 1,741.3 million by 2031 while growing at a CAGR of 5.7% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global coconut milk products market growth. Coconut Milk Products are derived from the flesh of coconuts and are widely used in cooking, baking, and various food preparations.These Categorys offer a rich, creamy texture and a distinct coconut flavor.

The growing demand for plant-based alternatives and their culinary versatility are driving the coconut milk market's growth. However, obstacles such as price volatility in coconut raw materials and supply chain challenges could hinder market expansion.

Furthermore, the global coconut milk products industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Category Type Analysis

The Global Coconut Milk Products Market is segmented among Coconut Cream, Coconut Milk Powder, Coconut Milk, and Others, based on Category Type. In 2023, Coconut Milk Powder accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Category Analysis

The Global Coconut Milk Products Market is segmented among Conventional, and Organics, based on Category. In 2023, Conventional accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Coconut Milk Products Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Middle East is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Danone S.A., Goya Foods Inc, GraceKenedy Limited, McCormick & Company Inc., Nestle SA, Pacific Foods of Oregon LLC, Sambu Group, Thai Agri Food Plc, Thai Coconut Public Company Limited, and Celebes Coconut Corporation.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Coconut Milk Products Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Coconut Milk Products Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Coconut Milk Products Market Segmentation, By Product Type

• Global Coconut Milk Products Market Share Analysis, By Product Type

• Global Coconut Milk Products Market Growth Analysis, By Product Type

• Global Coconut Milk Products Market Trends, By Product Type

o Coconut Cream

o Coconut Milk Powder

o Coconut Milk

o Others

6. Global Coconut Milk Products Market Segmentation, By Category

• Global Coconut Milk Products Market Share Analysis, By Category

• Global Coconut Milk Products Market Growth Analysis, By Category

• Global Coconut Milk Products Market Trends, By Category

o Conventional

o Organics

7. Global Coconut Milk Products Market Segmentation, By Distribution Channel

• Global Coconut Milk Products Market Share Analysis, By Distribution Channel

• Global Coconut Milk Products Market Growth Analysis, By Distribution Channel

• Global Coconut Milk Products Market Trends, By Distribution Channel

o Hypermarket/Supermarkets

o Convenience Stores

o Online Channel  

8. Global Coconut Milk Products Market Segmentation, By Region

• Global Coconut Milk Products Market Share Analysis, By Region

• Global Coconut Milk Products Market Growth Analysis, By Region

• Global Coconut Milk Products Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• Danone S.A.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Goya Foods Inc

• GraceKenedy Limited

• McCormick & Company Inc.

• Nestle SA

• Pacific Foods of Oregon LLC

• Sambu Group

• Thai Agri Food Plc

• Thai Coconut Public Company Limited

• Celebes Coconut Corporation

*Similar analysis will be provided for each company listed above.