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According to the latest research, the global Coconut Milk Powder market size was valued at USD 731.32 million in 2022 and is expected to expand at a CAGR of 6.16% during the forecast period, reaching USD 1046.91 million by 2028.
Coconut milk powder is a fine white powder used in Southeast Asian and other cuisines. Coconut flour is a powder made from fresh coconut meat extracted from fresh coconut meat and then spray-dried. Coconut flour is rich in many kinds of fatty acids, 18 kinds of amino acids, calcium, zinc, manganese, iron, vitamin C and other nutrients needed by the human body.
In various food and beverage applications, the use of coconut milk powder is increasing
The current market trend continues to expand the use of coconut milk powder in various food and beverage applications. Coconut milk powder and milk powder are different types of nutritious drinking products. Milk powder is a refined drink from raw animal milk, while coconut milk powder is a plant-derived health and nutritious drink. Coconut milk powder is rich in plant protein and 17 kinds of amino acids, and contains a large amount of trace elements such as zinc, calcium and iron. It is the natural drink with the highest amino acid content in the world so far. Milk powder is an essential drink for the healthy growth of infants and young children. It is still impossible for consumers to completely regard coconut powder as a substitute for milk powder. However, as a nutritional series beverage, coconut powder has its unique value and advantages, so the use of coconut milk powder is increasing.
In various food and beverage applications, the use of coconut milk powder is increasing
The current market trend continues to expand the use of coconut milk powder in various food and beverage applications. Coconut milk powder and milk powder are different types of nutritious drinking products. Milk powder is a refined drink from raw animal milk, while coconut milk powder is a plant-derived health and nutritious drink. Coconut milk powder is rich in plant protein and 17 kinds of amino acids, and contains a large amount of trace elements such as zinc, calcium and iron. It is the natural drink with the highest amino acid content in the world so far. Milk powder is an essential drink for the healthy growth of infants and young children. It is still impossible for consumers to completely regard coconut powder as a substitute for milk powder. However, as a nutritional series beverage, coconut powder has its unique value and advantages, so the use of coconut milk powder is increasing.
Health benefits of coconut milk powder
Modern medical research shows that coconut meat contains protein and carbohydrates. Coconut oil contains sugar, vitamin B1, vitamin B2, and vitamin C. Coconut milk powder is rich in many kinds of fatty acids, 18 kinds of amino acids, calcium, zinc, manganese, iron, vitamin C and other nutrients needed by the human body. Studies have found that regular consumption of coconut powder can also balance the body's nutritional needs, increase the body's nutritional intake, and enhance the body's immunity. Consumers’ increased awareness of these health benefits has resulted in coconut milk powder being more popular than other milk powders, thus promoting the growth of the global coconut milk powder market.
Region Overview:
In global comparison, a significant portion of the revenue was generated in Asia Pacific (38.85% in 2021).
Company Overview:
Nestle is one of the major players operating in the Coconut Milk Powder market, holding a share of 10.79% in 2020.
Nestle
Nestle is a multinational packaged food company, that manufactures and markets a wide range of food products. The Company's product line includes milk, chocolate, confectionery, bottled water, coffee, creamer, food seasoning and pet foods.
Axelum Resources Corp
Axelum Resources Corp. is a fully-integrated manufacturer and exporter of premium coconut and products for leading domestic and international food and beverage companies, confectioneries, bakeries, private label supermarkets and grocery store chains, food service enterprises, and nutritionals and personal care brands. The Company offers an extensive line of products, including desiccated coconut, coconut water, sweetened coconut, coconut milk powder, coconut milk/cream, coconut oil, and reduced fat coconut.
Segmentation Overview:
Among different product types, Mixed Coconut Milk Powder segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Beverages segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Coconut Milk Powder industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Coconut Milk Powder. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Coconut Milk Powder Market Report Include:
Market Size Estimates: Coconut Milk Powder market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Coconut Milk Powder market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Coconut Milk Powder market
Segment Market Analysis: Coconut Milk Powder market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Coconut Milk Powder market situations and prospects in major and top regions and countries
Coconut Milk Powder Market
Coconut Milk Powder Industry Chain: Coconut Milk Powder market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Coconut Milk Powder Industry News, Policies by regions
Coconut Milk Powder Industry Porters Five Forces Analysis
Key players in the global Coconut Milk Powder market are covered in Chapter 2:
Nestle
Ayam
Grace Foods Canada Inc.
Shriram Coconut Products Limited
Renuka
Axelum Resources Corp
Cocomi
Holista Pvt. Ltd
In Chapter 6 and Chapter 9, on the basis of types, the Coconut Milk Powder market from 2018 to 2028 is primarily split into:
Pure Coconut Milk Powder
Mixed Coconut Milk Powder
In Chapter 7 and Chapter 10, on the basis of applications, the Coconut Milk Powder market from 2018 to 2028 covers:
Beverages
Savory & Snacks
Bakery & Confectionery
Frozen Products
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Coconut Milk Powder market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Coconut Milk Powder industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Coconut Milk Powder market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Coconut Milk Powder industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Coconut Milk Powder market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Coconut Milk Powder market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Coconut Milk Powder market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Coconut milk powder is a fine white powder used in Southeast Asian and other cuisines. Coconut flour is a powder made from fresh coconut meat extracted from fresh coconut meat and then spray-dried. Coconut flour is rich in many kinds of fatty acids, 18 kinds of amino acids, calcium, zinc, manganese, iron, vitamin C and other nutrients needed by the human body.
In various food and beverage applications, the use of coconut milk powder is increasing
The current market trend continues to expand the use of coconut milk powder in various food and beverage applications. Coconut milk powder and milk powder are different types of nutritious drinking products. Milk powder is a refined drink from raw animal milk, while coconut milk powder is a plant-derived health and nutritious drink. Coconut milk powder is rich in plant protein and 17 kinds of amino acids, and contains a large amount of trace elements such as zinc, calcium and iron. It is the natural drink with the highest amino acid content in the world so far. Milk powder is an essential drink for the healthy growth of infants and young children. It is still impossible for consumers to completely regard coconut powder as a substitute for milk powder. However, as a nutritional series beverage, coconut powder has its unique value and advantages, so the use of coconut milk powder is increasing.
In various food and beverage applications, the use of coconut milk powder is increasing
The current market trend continues to expand the use of coconut milk powder in various food and beverage applications. Coconut milk powder and milk powder are different types of nutritious drinking products. Milk powder is a refined drink from raw animal milk, while coconut milk powder is a plant-derived health and nutritious drink. Coconut milk powder is rich in plant protein and 17 kinds of amino acids, and contains a large amount of trace elements such as zinc, calcium and iron. It is the natural drink with the highest amino acid content in the world so far. Milk powder is an essential drink for the healthy growth of infants and young children. It is still impossible for consumers to completely regard coconut powder as a substitute for milk powder. However, as a nutritional series beverage, coconut powder has its unique value and advantages, so the use of coconut milk powder is increasing.
Health benefits of coconut milk powder
Modern medical research shows that coconut meat contains protein and carbohydrates. Coconut oil contains sugar, vitamin B1, vitamin B2, and vitamin C. Coconut milk powder is rich in many kinds of fatty acids, 18 kinds of amino acids, calcium, zinc, manganese, iron, vitamin C and other nutrients needed by the human body. Studies have found that regular consumption of coconut powder can also balance the body's nutritional needs, increase the body's nutritional intake, and enhance the body's immunity. Consumers’ increased awareness of these health benefits has resulted in coconut milk powder being more popular than other milk powders, thus promoting the growth of the global coconut milk powder market.
Region Overview:
In global comparison, a significant portion of the revenue was generated in Asia Pacific (38.85% in 2021).
Company Overview:
Nestle is one of the major players operating in the Coconut Milk Powder market, holding a share of 10.79% in 2020.
Nestle
Nestle is a multinational packaged food company, that manufactures and markets a wide range of food products. The Company's product line includes milk, chocolate, confectionery, bottled water, coffee, creamer, food seasoning and pet foods.
Axelum Resources Corp
Axelum Resources Corp. is a fully-integrated manufacturer and exporter of premium coconut and products for leading domestic and international food and beverage companies, confectioneries, bakeries, private label supermarkets and grocery store chains, food service enterprises, and nutritionals and personal care brands. The Company offers an extensive line of products, including desiccated coconut, coconut water, sweetened coconut, coconut milk powder, coconut milk/cream, coconut oil, and reduced fat coconut.
Segmentation Overview:
Among different product types, Mixed Coconut Milk Powder segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Beverages segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Coconut Milk Powder industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Coconut Milk Powder. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Coconut Milk Powder Market Report Include:
Market Size Estimates: Coconut Milk Powder market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Coconut Milk Powder market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Coconut Milk Powder market
Segment Market Analysis: Coconut Milk Powder market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Coconut Milk Powder market situations and prospects in major and top regions and countries
Coconut Milk Powder Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Coconut Milk Powder Industry Chain: Coconut Milk Powder market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Coconut Milk Powder Industry News, Policies by regions
Coconut Milk Powder Industry Porters Five Forces Analysis
Key players in the global Coconut Milk Powder market are covered in Chapter 2:
Nestle
Ayam
Grace Foods Canada Inc.
Shriram Coconut Products Limited
Renuka
Axelum Resources Corp
Cocomi
Holista Pvt. Ltd
In Chapter 6 and Chapter 9, on the basis of types, the Coconut Milk Powder market from 2018 to 2028 is primarily split into:
Pure Coconut Milk Powder
Mixed Coconut Milk Powder
In Chapter 7 and Chapter 10, on the basis of applications, the Coconut Milk Powder market from 2018 to 2028 covers:
Beverages
Savory & Snacks
Bakery & Confectionery
Frozen Products
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Coconut Milk Powder market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Coconut Milk Powder industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Coconut Milk Powder market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Coconut Milk Powder industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Coconut Milk Powder market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Coconut Milk Powder market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Coconut Milk Powder market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
