Coconut Milk Powder Market Trends, Size, Growth, Challenges, Demand and Future Outlook: SPER Market Research

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Published: Dec 2024	Report ID: FOOD24140	Pages: 1 - 256	Formats^*:
Category : Food & Beverages

Coconut Milk Powder Market Introduction and Overview

According to SPER Market Research, the Global Coconut Milk Powder Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.

The report includes an in-depth analysis of the Global Coconut Milk Powder Market, including market size and trends, product mix, applications, and supplier analysis. The liquid taken from grated coconut meat is dried to generate coconut milk powder, a dehydrated version of coconut milk. In order to create a fine, powdery product that preserves the rich, creamy flavor and health benefits of fresh coconut milk, the method usually entails draining the moisture from the milk. It is frequently used in baking, cooking, and drinks as a practical substitute for fresh or canned coconut milk. Because of its versatility, coconut milk powder can be used straight into recipes that call for a creamy texture and tropical flavor, or it can be reconstituted with water to form liquid coconut milk.

Oat and coconut milk powder was introduced by Only Earth in India in May 2021. The product costs INR 300 for a 1L package and can be purchased online from Amazon, Big Basket, and QTROVE. In certain Indian cities, milk products can also be purchased at Nature's Basket and Foodhall.

Danone SA started manufacturing its plant-based Alpro beverages at its Labinsk facility in southern Russia in March 2021. The project's initial phase is finished, and the manufacturing of drinks made from coconut, almond, and oats is already under way. The new line can produce 7,000 units of product per hour in packaging that holds one liter and 0.75 liters.

Market Opportunities and Challenges

Opportunities- Growth in the market is being driven by rising demand for plant-based substitutes. An important development in the coconut milk powder industry is the growing desire for plant-based substitutes. A growing number of consumers are switching to plant-based diets for a variety of reasons, such as ethical, sustainable, and health-related ones. Coconut milk powder, which is made from coconuts, fits in with this trend by offering a flexible dairy-free alternative for baking, cooking, and drinking. Growing numbers of people who are vegan or lactose intolerant have helped coconut milk powder become a more popular dairy alternative. In many Asian cuisines, such as Thai, Indian, Indonesian, Malaysian, and Filipino, coconut milk is a basic ingredient. Curries, soups, stews, desserts, and drinks are just a few of the many meals that incorporate it. The demand for coconut milk and coconut milk powder, which are essential ingredients in Asian recipes, is rising along with the popularity of Asian cuisine globally.

Challenges- A number of obstacles prevent the coconut milk powder business from expanding and growing. Since weather, pests, and diseases can affect coconut production, affecting availability and prices, one significant barrier is the high cost of raw materials. Furthermore, production prices may rise due to the intricate technology and quality control procedures required to turn coconut milk into powder. Competition from substitute plant-based milk powders, such oat or almond milk powder, which are becoming more and more well-liked as a result of shifting customer tastes for dairy-free goods, is another issue.

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Market Competitive Landscape

The Global Coconut Milk Powder Market is moderately consolidated. Some of the market key players are Anthony's Goods, BareOrganics, Bramble Berry Inc., Dr. Ben Kim Natural Health Solutions, Enerhealth Botanicals LLC, Grace Foods Canada Inc., Healthworks, King Arthur Flour Company Inc., KOS Naturals, and NestlÃ© S.A.

Scope of the Report:

Report Metric	Details
Market size available for years	2020-2033
Base year considered	2023
Forecast period	2024-2033
Segments covered	By Product, By Application, By Distribution Channel.
Regions covered	North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Companies Covered	Anthony's Goods, BareOrganics, Bramble Berry Inc., Dr. Ben Kim Natural Health Solutions, Enerhealth Botanicals LLC, Grace Foods Canada Inc., Healthworks, King Arthur Flour Company Inc., KOS Naturals, and NestlÃ© S.A.

COVID-19 Impact on Global Coconut Milk Powder Market

The global market for coconut milk powder was significantly impacted by the COVID-19 epidemic, which caused interruptions in manufacturing, supply chains, and consumer behavior. Due to industrial and shipping delays brought on by the early lockdowns and restrictions, raw material shortages and prices rose. As consumers became more health-conscious and looked for alternate food options, the pandemic also caused a spike in demand for plant-based and dairy-free products. E-commerce sales of coconut milk powder grew as a result of the pandemic's increasing emphasis on internet shopping.

Key Target Audience:

Health-Conscious Consumers
Vegan and Plant-Based Diet Followers
Dairy-Free Consumers
Food Manufacturers and Processors
Natural and Organic Product Enthusiasts
Athletes and Fitness Enthusiasts
Restaurants and Foodservice Providers

Our in-depth analysis of the Coconut Milk Powder Market includes the following segments:

By Product:	Conventional Organic
By Application:	Beverages Savories Bakery & Confectionery Dairy & Frozen Products Others
By Distribution Channel:	B2B B2C

Key Topics Covered in the Report:

Global Coconut Milk Powder Market Size (FYâ€™2024-FYâ€™2033)
Overview of Global Coconut Milk Powder Market
Segmentation of Global Coconut Milk Powder Market By Product (Conventional, Organic)
Segmentation of Global Coconut Milk Powder Market By Application (Beverages, Savories, Bakery & Confectionery, Dairy & Frozen Products, Others)
Segmentation of Global Coconut Milk Powder Market By Distribution Channel (B2B, B2C)
Statistical Snap of Global Coconut Milk Powder Market
Expansion Analysis of Global Coconut Milk Powder Market
Problems and Obstacles in Global Coconut Milk Powder Market
Competitive Landscape in the Global Coconut Milk Powder Market
Impact of COVID-19 and Demonetization on Global Coconut Milk Powder Market
Details on Current Investment in Global Coconut Milk Powder Market
Competitive Analysis of Global Coconut Milk Powder Market
Prominent Players in the Global Coconut Milk Powder Market
SWOT Analysis of Global Coconut Milk Powder Market
Global Coconut Milk Powder Market Future Outlook and Projections (FYâ€™2024-FYâ€™2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source

2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs

2.2. Market size estimation

2.2.1. Top-down and Bottom-up approach

2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis

4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges

4.2. COVID-19 Impacts of the Global Coconut Milk Powder Market

5. Market variable and outlook

5.1. SWOT Analysis

5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats

5.2. PESTEL Analysis

5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape

5.3. PORTERs Five Forces

5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry

5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Coconut Milk Powder Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Coconut Milk Powder Market

7. Global Coconut Milk Powder Market, By Product (USD Million) 2020-2033

7.1. Global Coconut Milk Powder Market Size, Share and Forecast, By Product, 2020-2026
7.2. Global Coconut Milk Powder Market Size, Share and Forecast, By Product, 2027-2033
7.3. Conventional
7.4. Organic

8. Global Coconut Milk Powder Market, By Application (USD Million) 2020-2033

8.1. Global Coconut Milk Powder Market Size, Share and Forecast, By Application, 2020-2026
8.2. Global Coconut Milk Powder Market Size, Share and Forecast, By Application, 2027-2033
8.3. Beverages
8.4. Savories
8.5. Bakery & Confectionery
8.6. Dairy & Frozen Products
8.7. Others

9. Global Coconut Milk Powder Market, By Distribution Channel (USD Million) 2020-2033

9.1. Global Coconut Milk Powder Market Size, Share and Forecast, By Distribution Channel, 2020-2026
9.2. Global Coconut Milk Powder Market Size, Share and Forecast, By Distribution Channel, 2027-2033
9.3. B2B
9.4. B2C

9.4.1. Supermarkets and Hypermarkets
9.4.2. Convenience Stores
9.4.3. Online Retailers
9.4.4. Others

10. Global Coconut Milk Powder Market Forecast, 2020-2033 (USD Million)

10.1. Global Coconut Milk Powder Market Size and Market Share

11. Global Coconut Milk Powder Market, By Region, 2020-2033 (USD Million)

11.1. Global Coconut Milk Powder Market Size and Market Share By Region (2020-2026)
11.2. Global Coconut Milk Powder Market Size and Market Share By Region (2027-2033)
11.3. Asia-Pacific

11.3.1. Australia
11.3.2. China
11.3.3. India
11.3.4. Japan
11.3.5. South Korea
11.3.6. Rest of Asia-Pacific

11.4. Europe

11.4.1. France
11.4.2. Germany
11.4.3. Italy
11.4.4. Spain
11.4.5. United Kingdom
11.4.6. Rest of Europe

11.5. Middle East and Africa

11.5.1. Kingdom of Saudi Arabia
11.5.2. United Arab Emirates
11.5.3. Qatar
11.5.4. South Africa
11.5.5. Egypt
11.5.6. Morocco
11.5.7. Nigeria
11.5.8. Rest of Middle-East and Africa

11.6. North America

11.6.1. Canada
11.6.2. Mexico
11.6.3. United States

11.7. Latin America

11.7.1. Argentina
11.7.2. Brazil
11.7.3. Rest of Latin America

12. Company Profile

12.1. Anthony's Goods

12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments

12.2. BareOrganics

12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments

12.3. Bramble Berry Inc.

12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments

12.4. Dr. Ben Kim Natural Health Solutions

12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments

12.5. Enerhealth Botanicals LLC

12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments

12.6. Grace Foods Canada Inc.

12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments

12.7. Healthworks

12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments

12.8. King Arthur Flour Company Inc.

12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments

12.9. KOS Naturals

12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments

12.10. Nestle S.A.

12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments

12.11. Others

13. Conclusion

14. List of Abbreviations

15. Reference Links

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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Frequently Asked Questions About This Report

How big is the Coconut Milk Powder Market?

Coconut Milk Powder Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.

What is the growth rate of the Coconut Milk Powder Market?

Coconut Milk Powder Market grew in Market size from 2024. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.

What is the anticipated CAGR of the Coconut Milk Powder Market?

Coconut Milk Powder Market CAGR of XX% during the forecast period.

How can I get a sample report on the Coconut Milk Powder Market?

You can get the sample pages by clicking the link - Click Here

What is the Market size of the Coconut Milk Powder Market?

Coconut Milk Powder Market size is USD XX billion from 2024 to 2033.

Which segment is expected to Coconut Milk Powder Market?

Coconut Milk Powder Market is covered By Product, By Application, By Distribution Channel.

Which region is expected to have the highest Market share in the Coconut Milk Powder Market?

The North America is anticipated to have the highest Market share in the Coconut Milk Powder Market.

Who are the key players in Coconut Milk Powder Market?

The key players in the Market include Companies Covered Anthony's Goods, BareOrganics, Bramble Berry Inc., Dr. Ben Kim Natural Health Solutions, Enerhealth Botanicals LLC, Grace Foods Canada Inc., Healthworks, King Arthur Flour Company Inc., KOS Naturals, and Nestlé S.A.

What is the conclusion of the Coconut Milk Powder Market?

The liquid taken from grated coconut meat is dried to generate coconut milk powder, a dehydrated version of coconut milk. In order to create a fine, powdery product that preserves the rich, creamy flavor and health benefits of fresh coconut milk, the method usually entails draining the moisture from the milk.