Coconut Milk Market
Coconut Milk Market Study by Full Fat, Low Fat, Cream, and Powder for Food & Beverages, Foodservice, and Retail/Household from 2024 to 2034
Analysis of Coconut Milk Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Coconut Milk Market Outlook (2024 to 2034)
Valuation of the global coconut milk market size is estimated at US$ 1.96 billion in 2024. Worldwide revenue from the sales of coconut milk is projected to reach US$ 4.34 billion by the end of 2034, increasing at a CAGR of 8.3% over the next decade (2024 to 2034).
Coconut milk comes in a variety of flavors and types. Additionally, manufacturers are focusing on offering organic and non-GMO options with enhanced flavors. Coconut milk is very low in calories, fats, and carbohydrates, while being rich in antioxidants and other beneficial properties. Coconut milk helps to maintain blood pressure, renal function, and cardiovascular health. It also helps manage diabetes. Coconut milk is becoming increasingly popular as a healthy beverage due to its nutritional properties, which include electrolytes and nutrients.
Key Market Growth Drivers
- Two main factors driving the global market for coconut milk are changing customer preferences and rising health concerns.
- Key players in the food and beverage industry are investing heavily in research and development to use coconut milk to improve the quality, flavor, and nutritional content of their products.
- Products containing coconut milk have several health benefits. As more people are becoming aware of its health benefits, demand for coconut milk is increasing, particularly in the United States, Germany, the United Kingdom, and France.
- Producers are focusing on significant developments that meet the needs of a large customer base. Since coconut milk is regarded as a healthier alternative to carbonated beverages, demand for these products is expected to rise rapidly, thus expanding the coconut milk market size.
- Coconut milk has traditionally been used to cook both non-vegetarian and vegetarian dishes. Coconut milk is also used in vegan ice cream, frozen desserts, sweets, pastries, and other products. It is also used as a thickener in a variety of other dishes, particularly in upscale hotel chains that serve Asian cuisine, thus contributing to coconut milk market growth.
- Coconut milk is a healthier alternative to dairy milk, it is lactose-free, making it appropriate for lactose-intolerant people. It also contains medium-chain triglycerides (MCTs), which are thought to have health benefits such as promoting weight loss and providing energy.
| Report Attribute | Detail |
|---|---|
| Coconut Milk Market Size (2024E) | US$ 1.96 Billion |
| Forecasted Market Value (2034F) | US$ 4.34 Billion |
| Global Market Growth Rate (2024 to 2034) | 8.3% CAGR |
| East Asia Market Growth (2024E) | 8.6% CAGR |
| North America Market Share (2024E) | 23.7% |
| Sales of Organic Coconut Milk (2024E) | US$ 1.49 Billion |
| Key Companies Profiled | Sanitarium; Nestlé; SunOpta, Inc.; Pacific Foods of Oregon, LLC; Pureharvest; Danone SA; Vitasoy International Holdings Limited; Ecomil; Earth’s Own Food Company Inc.; Edward & Sons; Chef’s Choice Food Manufacturer Company Limited; GraceKennedy Group; McCormick & Company; Goya Foods; Califia Farms. |
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Why Has Popularity of Coconut Milk Increased Across the Globe?
“High Demand for Coconut Milk among Health Conscious People”
New products made from plant-based ingredients are expected to challenge the notion that coconut milk contains artificial ingredients. Furthermore, lactose-free protein increases muscle mass and strength; thus, the introduction of lactose-free and organic coconut milk is expected to fuel demand among the health-conscious population, creating opportunities for future coconut milk market growth.
Organizations such as Vita Coco and WhiteWave Food have conducted research and development to improve the properties of coconut milk. Vita Coco has introduced a calcium and mineral-enriched product. Furthermore, this is expected to provide lucrative opportunities for manufacturers to provide a better variety of coconut milk.
What are the Key Challenges Faced by Producers of Coconut Milk?
“Stagnant Coconut Production and Long Yield Cycle of Coconut Trees”
In recent years, demand for coconut milk has skyrocketed driven by rising food and beverage consumption. Despite the exponential demand, there was no increase in coconut production. In contrast, Asia, which produces more than three-quarters of the world's coconuts, has seen a slight decrease in output. Since a coconut tree's peak yield occurs only between the ages of 10 and 30 years, the climate conditions required for coconut tree plantations, and coconut farmers' small land holdings, producers have historically not increased production capacity in response to price increases. Coconut tree production is unlikely to increase shortly due to the difficulty of scaling up production.
Plant-based substitutes such as rice milk, almond milk, soy milk, and many others are widely available in markets around the world. These products are potential alternatives to coconut milk because they have been on the market for longer and have gained customer acceptance and trust.
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Country-wise Insights
North America is expected to hold 23.7% of the global coconut milk market share in 2024. North America is one of the most popular regions for consuming coconut milk due to an increasing population suffering from obesity and lactose intolerance. Many consumers in this region are switching to coconut milk because of its several health benefits, which is driving market growth. Also, an increase in the adoption of healthy lifestyles is contributing to market growth.
In the European market, the global rise of the food and beverage industry is presenting a lucrative growth opportunity for the milk market. The primary growth drivers in this region are increased consumer awareness of the various benefits of coconut milk and a preference for consuming it. Availability of product varieties based on consumer preferences and selection is one of the significant coconut milk market trends. The rising popularity of healthy functional drinks and the focus on reducing sugar intake are the primary drivers for the uptake of coconut milk in Europe.
Why is Consumption of Coconut Milk Rising Swiftly in the United States?
“Increasing Adoption of Veganism and Vegetarianism”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 205.5 Million |
| Growth Rate (2024 to 2034) | 8.7% CAGR |
| Projected Value (2034F) | US$ 475.4 Million |
The United States is poised to hold a significant market share of 44.3% in North America in 2024. The growing diversity of the United States population has resulted in increased availability and accessibility of ethnic foods and ingredients, such as coconut milk, in mainstream supermarkets. This accessibility is encouraging more people to experiment with coconut milk in their cooking.
With the rise of veganism, vegetarianism, and plant-based diets, coconut milk is an adaptable ingredient in dairy-free and vegan dishes in the country. It can be used to cook, bake, make smoothies, and substitute milk in a variety of recipes. Coconut milk is a common ingredient in many Asian and Caribbean cuisines. As these cuisines gained popularity in the United States, so did the use of coconut milk in dishes such as curries, soups, and desserts.
What is the Sales Outlook for Coconut Milk in Japan?
“Rising Prevalence of Lactose Intolerance and Allergies Driving Demand for Dairy Alternatives”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 124.7 Million |
| Growth Rate (2024 to 2034) | 8.8% CAGR |
| Projected Value (2034F) | US$ 290.5 Million |
In Japan, coconut milk is regarded as a healthier alternative to dairy milk and is valued for its nutritional benefits, including medium-chain triglycerides (MCTs). There is an increasing need for dairy alternatives in the country due to lactose intolerance and allergies, as well as dietary preferences such as veganism and vegetarianism. Coconut milk is a suitable substitute for traditional dairy milk in cooking, baking, and beverages. More consumers are becoming adventurous in their culinary choices, exploring international cuisines. Coconut milk is widely used in Southeast Asian and South Asian cuisines.
Category-wise Insights
By nature, the market is categorized into organic and conventional, of which the former is estimated to hold a market share of 76.4% in 2024. The market is divided into four distribution channels supermarkets/hypermarkets, convenience stores, grocery stores, and online retail, with mass merchandisers accounting for the majority of the share. Supermarkets and hypermarkets are constantly evolving, and they have begun to focus on buyers' preferences to deliver the products they desire.
Consumers have the freedom to choose from a wide range of products in different brands and price ranges. The presence of distinct product aisles dedicated to various types of plant-based milk aids in capturing consumers' attention. Convenience stores are the second-most popular distribution channel because they cater to a large portion of the population looking for on-the-go products ranging from beverages to meals.
Why is Popularity of Organic Coconut Milk So High?
“Key Role of Organic Coconut Milk in Improving Blood Circulation”
| Attribute | Organic Coconut Milk |
|---|---|
| Segment Value (2024E) | US$ 1.49 Billion |
| Growth Rate (2024 to 2034) | 8.2% CAGR |
| Projected Value (2034F) | US$ 3.3 Billion |
Organic coconut milk is estimated to capture a market share of 76.4% in 2024. Growing demand for organic coconut milk is primarily due to people's increased awareness of the benefits of eating organic food. In comparison to conventional coconut milk, organic foods contain no chemical fungicides, herbicides, or insecticides.
Increase in the demand for organic and natural products in Western countries has been identified as one of the market's primary growth drivers. Organic coconut milk has seen significant demand in this segment as consumer preferences and health awareness have increased. It improves blood circulation and reduces high blood pressure, which lowers the risk of heart attacks and other cardiovascular problems. It has antiviral and antibacterial properties that can help boost your immune system and combat viral infections such as the flu.
Which Flavor of Coconut Milk is Most Widely Preferred?
“Sweetened Coconut Milk Used to Enhance Flavor of Desserts”
| Attribute | Sweetened Coconut Milk |
|---|---|
| Segment Value (2024E) | US$ 1.36 Billion |
| Growth Rate (2024 to 2034) | 8.2% CAGR |
| Projected Value (2034F) | US$ 3 Billion |
Sweetened coconut milk is poised to hold a market share of 69.5% in 2024. Sweetened coconut milk has a naturally rich and sweet flavor that comes from coconut meat and added sugar. This sweetness improves the flavor of recipes, making it a favorite ingredient in desserts, smoothies, and sweet sauces.
It is a versatile ingredient that can be used in both sweet and savory recipes. It adds creaminess and a tropical coconut flavor to desserts such as puddings, ice cream, cakes, and tropical fruit salads. It can be used in savory dishes such as curries, soups, sauces, and marinades to add depth and richness.
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Competitive landscape highlights only certain players
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Competitive Analysis
Key players in the coconut milk market are focusing on expanding their production capacities further by incorporating cutting-edge technologies. Furthermore, rising demand for organic and clean-label food products is boosting sales of organic coconut milk products.
- Pacific Foods of Oregon, Inc. provides vegan and gluten-free plant-based milk products. With the rise in the vegan population worldwide, the company is dedicated to making vegan-friendly milk products. It mainly offers nut-based milk, which is seen as a healthier option than traditional dairy milk.
- In October 2022, Goya Foods announced it would expand its manufacturing and distribution facility in Brookshire, Texas. The expansion includes new, advanced food processing equipment, doubling the company's production capacity to meet growing consumer demand.
Fact.MR provides detailed information about the price points of leading producers of coconut milk positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.
Segmentation of Coconut Milk Market Research
-
By Nature :
- Organic
- Conventional
-
By Product Type :
- Full Fat
- Low Fat
- Cream
- Powder
-
By Flavor :
- Sweetened
- Unsweetened
-
By End Use :
- Food & Beverages
- Foodservice
- Retail/Household
- Others
-
By Distribution Channel :
- Business to Business
- Business to Consumer
- Hypermarkets/Supermarkets
- Specialty Stores
- Online Retail
- Other Retail Channels
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Nature 6.2. Product Type 6.3. Flavor 6.4. End Use 6.5. Distribution Channel 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Nature 7.1. Organic 7.2. Conventional 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type 8.1. Full Fat 8.2. Low Fat 8.3. Cream 8.4. Powder 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Flavor 9.1. Sweetened 9.2. Unsweetened 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use 10.1. Food & Beverages 10.2. Foodservice 10.3. Retail/Household 10.4. Others 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Distribution Channel 11.1. Business to Business 11.2. Business to Consumer 12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 12.1. North America 12.2. Latin America 12.3. Western Europe 12.4. Eastern Europe 12.5. East Asia 12.6. South Asia & Pacific 12.7. Middle East & Africa 13. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 19. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 20. Sales Forecast 2024 to 2034 by Nature, Product Type, Flavor, End Use, Distribution Channel, and Region for 30 Countries 21. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 22. Company Profile 22.1. Sanitarium 22.2. Nestlé 22.3. SunOpta, Inc. 22.4. Pacific Foods of Oregon, LLC 22.5. Pureharvest 22.6. Danone SA 22.7. Vitasoy International Holdings Limited 22.8. Ecomil 22.9. Earth’s Own Food Company Inc. 22.10. Edward & Sons 22.11. Chef’s Choice Food Manufacturer Company Limited 22.12. GraceKennedy Group 22.13. McCormick & Company 22.14. Goya Foods 22.15. Califia Farms 23. Assumptions and Acronyms Used 24. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Nature, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 13: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 14: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 15: Global Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 16: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 17: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 18: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by Nature, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034
Table 25: North America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 26: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 27: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 28: North America Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 29: North America Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 30: North America Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 31: North America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 32: North America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 33: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 34: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 35: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 36: North America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 37: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Latin America Market Value (US$ Mn) Analysis, by Nature, 2019 to 2023
Table 41: Latin America Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034
Table 42: Latin America Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034
Table 43: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 44: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 45: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 46: Latin America Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 47: Latin America Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 48: Latin America Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 49: Latin America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 50: Latin America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 51: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 52: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 53: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 54: Latin America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 55: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 56: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 57: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 58: Western Europe Market Value (US$ Mn) Analysis, by Nature, 2019 to 2023
Table 59: Western Europe Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034
Table 60: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034
Table 61: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 62: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 63: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 64: Western Europe Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 65: Western Europe Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 66: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 67: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 68: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 69: Western Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 70: Western Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 71: Western Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 72: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 73: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: Eastern Europe Market Value (US$ Mn) Analysis, by Nature, 2019 to 2023
Table 77: Eastern Europe Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034
Table 78: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034
Table 79: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 80: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 81: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 82: Eastern Europe Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 83: Eastern Europe Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 84: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 85: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 86: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 87: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 88: Eastern Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 89: Eastern Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 90: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 91: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 92: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 93: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 94: East Asia Market Value (US$ Mn) Analysis, by Nature, 2019 to 2023
Table 95: East Asia Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034
Table 96: East Asia Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034
Table 97: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 98: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 99: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 100: East Asia Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 101: East Asia Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 102: East Asia Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 103: East Asia Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 104: East Asia Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 105: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 106: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 107: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 108: East Asia Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 109: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 110: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 111: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 112: South Asia & Pacific Market Value (US$ Mn) Analysis, by Nature, 2019 to 2023
Table 113: South Asia & Pacific Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034
Table 114: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034
Table 115: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 116: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 117: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 118: South Asia & Pacific Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 119: South Asia & Pacific Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 120: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 121: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 122: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 123: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 124: South Asia & Pacific Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 125: South Asia & Pacific Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 126: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 127: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 128: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 129: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 130: MEA Market Value (US$ Mn) Analysis, by Nature, 2019 to 2023
Table 131: MEA Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034
Table 132: MEA Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034
Table 133: MEA Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 134: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 135: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 136: MEA Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 137: MEA Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 138: MEA Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 139: MEA Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 140: MEA Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 141: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 142: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 143: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 144: MEA Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Nature, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Nature, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Nature, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 17: Global Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 18: Global Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 19: Global Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 20: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 21: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 22: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 23: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 24: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 25: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 26: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 27: North America Market Share Analysis by Country, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by Nature, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by Nature, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by Nature, 2024 to 2034
Figure 33: North America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 34: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 35: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 36: North America Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 37: North America Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 38: North America Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 39: North America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 40: North America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 41: North America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 42: North America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 43: North America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 44: North America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 45: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 46: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 47: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 48: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 49: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 50: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 51: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 52: Latin America Market Share and BPS Analysis by Nature, 2024 & 2034
Figure 53: Latin America Market Y-o-Y Growth Projections by Nature, 2024 to 2034
Figure 54: Latin America Market Attractiveness Analysis by Nature, 2024 to 2034
Figure 55: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 56: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 57: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 58: Latin America Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 59: Latin America Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 60: Latin America Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 61: Latin America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 62: Latin America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 63: Latin America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 64: Latin America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 65: Latin America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 66: Latin America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 67: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 68: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 69: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 70: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 71: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 72: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 73: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 74: Western Europe Market Share and BPS Analysis by Nature, 2024 & 2034
Figure 75: Western Europe Market Y-o-Y Growth Projections by Nature, 2024 to 2034
Figure 76: Western Europe Market Attractiveness Analysis by Nature, 2024 to 2034
Figure 77: Western Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 78: Western Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 79: Western Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 80: Western Europe Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 81: Western Europe Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 82: Western Europe Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 83: Western Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 84: Western Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 85: Western Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 86: Western Europe Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 87: Western Europe Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 88: Western Europe Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 89: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 90: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 91: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 92: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 93: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 94: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 95: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 96: Eastern Europe Market Share and BPS Analysis by Nature, 2024 & 2034
Figure 97: Eastern Europe Market Y-o-Y Growth Projections by Nature, 2024 to 2034
Figure 98: Eastern Europe Market Attractiveness Analysis by Nature, 2024 to 2034
Figure 99: Eastern Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 100: Eastern Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 101: Eastern Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 102: Eastern Europe Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 103: Eastern Europe Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 104: Eastern Europe Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 105: Eastern Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 106: Eastern Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 107: Eastern Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 108: Eastern Europe Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 109: Eastern Europe Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 110: Eastern Europe Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 111: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 112: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 113: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 114: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 115: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 116: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 117: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 118: East Asia Market Share and BPS Analysis by Nature, 2024 & 2034
Figure 119: East Asia Market Y-o-Y Growth Projections by Nature, 2024 to 2034
Figure 120: East Asia Market Attractiveness Analysis by Nature, 2024 to 2034
Figure 121: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 122: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 123: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 124: East Asia Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 125: East Asia Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 126: East Asia Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 127: East Asia Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 128: East Asia Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 129: East Asia Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 130: East Asia Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 131: East Asia Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 132: East Asia Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 133: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 134: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 135: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 136: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 137: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 138: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 139: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 140: South Asia & Pacific Market Share and BPS Analysis by Nature, 2024 & 2034
Figure 141: South Asia & Pacific Market Y-o-Y Growth Projections by Nature, 2024 to 2034
Figure 142: South Asia & Pacific Market Attractiveness Analysis by Nature, 2024 to 2034
Figure 143: South Asia & Pacific Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 144: South Asia & Pacific Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 145: South Asia & Pacific Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 146: South Asia & Pacific Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 147: South Asia & Pacific Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 148: South Asia & Pacific Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 149: South Asia & Pacific Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 150: South Asia & Pacific Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 151: South Asia & Pacific Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 152: South Asia & Pacific Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 153: South Asia & Pacific Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 154: South Asia & Pacific Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 155: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 156: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 157: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 158: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 159: MEA Market Share Analysis by Country, 2024 & 2034
Figure 160: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 161: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 162: MEA Market Share and BPS Analysis by Nature, 2024 & 2034
Figure 163: MEA Market Y-o-Y Growth Projections by Nature, 2024 to 2034
Figure 164: MEA Market Attractiveness Analysis by Nature, 2024 to 2034
Figure 165: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 166: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 167: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 168: MEA Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 169: MEA Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 170: MEA Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 171: MEA Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 172: MEA Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 173: MEA Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 174: MEA Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 175: MEA Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 176: MEA Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
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- FAQs -
How big is the coconut milk market in 2024?
The global coconut market is estimated at a value of US$ 1.96 billion in 2024.
What are the projected sales of coconut milk by 2034?
Worldwide sales of coconut milk are forecasted to reach US$ 4.34 billion by 2034.
What is the demand growth outlook for the global market?
The market has been projected to increase at a CAGR of 8.3% between 2024 and 2034.
Which country accounts for high sales of coconut milk?
The United States is projected to reach a market value of US$ 205.5 million in 2024.
What is the projected market value for coconut milk in Japan?
The market in Japan is forecasted to climb to US$ 290.5 million by the end of 2034.
Which flavor type accounts for a higher market share?
Sweetened coconut milk accounts for a market share of 69.5% in 2024.
Who are the leading producers of coconut milk?
Nestlé, SunOpta, Inc., and Pacific Foods of Oregon, LLC. are some of the leading manufacturers of coconut milk.
Coconut Milk Market