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.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

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

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- 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.

- Also of Interest -

Coconut Oil Market

Coconut Oil Market Analysis By Product Type (Processed Coconut Oil, Virgin Coconut Oil), By End User (Foodservice, Food Processors, Retail), By Distribution Channel (Modern Trade, Franchise Outlets, Specialty Stores, Online) & Region - Global Market Insights 2022 to 2032

Plant-based Milk Powder Market

Plant-based Milk Powder Market Study by Almond, Soy, and Coconut Milk Powder for Bakery & Confectionery, Nutritional Food, and Infant Formula from 2024 to 2034

Flavored Milk Market

Flavored Milk Market By Flavor (Chocolate, Coffee, Rose, Vanilla, Strawberry), By Packaging (Cartons, Glass Bottles, PET Bottles, Tins & Cans), By Sales Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialist Stores, Online) & By Region - Global Insights 2023 to 2033

Organic Milk Market

Organic Milk Market Analysis by Skimmed Milk, Whole Milk, and Partly Skimmed Milk from 2023 to 2033

Coconut Milk Market

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