Coconut milk is the liquid that comes from the grated pulp of a mature coconut. The opacity and rich taste of coconut milk are due to its high oil content, most of which is saturated fat.
Currently, there are several producing companies in the world coconut milk industry. The main players are Theppadungporn Coconut, ThaiCoconut, Asiatic Agro Industry, PT. Sari Segar Husada and SOCOCO. The global sales of coconut milk increases to 343178 MT in 2018 from 188801 MT in 2013 with average growth rate of 12.69%.
In consumption market, North America, South America and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these regions occupied 73.81% of the global consumption volume in total.
The global Coconut Milk market is valued at 640 million US$ in 2018 and will reach 1930 million US$ by the end of 2025, growing at a CAGR of 17.0% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Coconut Milk market based on company, product type, end user and key regions.
This report studies the global market size of Coconut Milk in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Coconut Milk in these regions.
This research report categorizes the global Coconut Milk market by top players/brands, region, type and end user. This report also studies the global Coconut Milk market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Asiatic Agro Industry
PT. Sari Segar Husada
Ahya Coco Organic Food Manufacturing
Heng Guan Food Industrial
Coconut Palm Group
Market size by Product
Regular Coconut Milk
Organic Coconut Milk
Market size by End User
Dairy & Dessert
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Coconut Milk market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Coconut Milk market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Coconut Milk companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Coconut Milk submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Coconut Milk are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Coconut Milk market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.