Dublin, April 14, 2023 (GLOBE NEWSWIRE) -- The "Coconut Products Market, By Form, By Products, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
This report provides in-depth analysis of coconut products and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2023- 2030), considering 2022 as the base year.
Company Profiles
- The Coconut Company (UK) Ltd.
- Marico Ltd.
- Enature Organic Products
- AYAM SARL
- Nestle S.A.
- Renuka Foods PLC
- S & P Industries Sdn Bhd
- Shriram Coconut Products Limited
- Star Heritage Products
- Pulau Sambu Singapore Pte Ltd.
Coconut products provide multiple health benefits such as improvement in cardiovascular health, reduction of digestive problems, and weight loss. Coconut water provides a cardio-protective effect, boost kidney health, aid in diabetes management, provide rehydrating effect post-exercise, and aid in maintaining blood pressure levels. The health benefit of coconut water such as the regulation of internal fluids and the ability to replenish and rehydrate the body is driving the growth of the market.
Market Dynamics:
By product type, coconut oil segment is expected to witness significant growth, owing to various advantages associated with it. Coconut oil is widely used in food, toiletry, and industrial sectors as it is saturated, stable, and biodegradable as well as enhances the shelf life of products prepared using coconut oil. Moreover, refined coconut oil is used in the manufacturing of biscuits, chocolates, confectionery items, ice cream, pharmaceutical products, and paints.
Among region, Asia Pacific is expected to hold a significant market share during the forecast period. This is owing to the substantial demand for coconut products from South Asian countries. The increasing lactose-intolerant population in the region increases the demand for coconut milk.
According to the U.S. National Library of Medicine, lactose intolerance in adulthood is most prevalent in people of East Asian descent, affecting over 90% of adults in some of these communities. Coconut milk is largely used as a substitute for milk, which contains lactose.
Key features of the study:
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the global coconut products market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
- The global coconut products market report caters to various stakeholders in this industry including investors, suppliers, customized tea packaging manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the coconut products market
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 120 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | USD6.7 Billion |
| Forecasted Market Value (USD) by 2030 | USD13.6 Billion |
| Compound Annual Growth Rate | 9.2% |
| Regions Covered | Global |
Detailed Segmentation:
Global Coconut Products Market, By Form:
- Solid
- Liquid
Global Coconut Products Market, By Product:
- Coconut Powder
- Coconut Water
- Coconut Milk/Cream
- Coconut Oil
- Desiccated Coconut
- Others
For more information about this report visit https://www.researchandmarkets.com/r/7nx8g1
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