Global Coconut Milk and Cream Market is expected to reach nearly US$ 7 billion by 2028: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Global Coconut Milk and Cream Market by End-User The Global Coconut Milk and Cream market is segmented by End-User into Households, Food Services Industry, Processed Food, Others. The households segment accounted for the largest share of the Global Coconut Milk and Cream Market in 2021, due to the growing use of coconut milk and creams in households coupled with the increase in disposable income. Rising trend for veganism and dairy-free globally has increased the demand for plant-based products like coconut milk and cream among consumers along with the increasing use of coconut milk and creams as an ingredient while preparing food is likely to boost the demand for the segment in the Global Coconut Milk and Cream Market. Competition Scenario in Global Coconut Milk and Cream Market The Coconut Milk and Cream Market is highly competitive with ~200 players that include globally diversified players, regional players as well as a large number of country-niche players having their niche in Coconut Milk and Cream. Country-niche players comprise ~55% of the total number of competitors, while the regional players comprise the second highest of the total number of competitors. Some of the major players in the market include Mc Cormick & Company, Inc., Nestlé, PACIFIC FOODS OF OREGON, LLC, Califia Farms, LLC, Goya Foods, Inc., Danone, Sambu Group, Axelum Resources Corp., Kapar Coconut Industries, etc. What is the Expected Future Outlook for the Overall Global Coconut Milk and Cream Market Across the globe? The Global Coconut Milk and Cream market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future. Global Coconut Milk and Cream market is largely driven by the rise in vegan population along with the increasing incidence of lactose intolerance and surging demand for plant-based products including coconut milk and others. Request For Free Sample Report In August 2021, So Delicious, a plant-based brand of Danone, launched a program named “Good People Loop” to support the economic and social empowerment of coconut farming partners across its supply chain. Under this program, the company aims to empower coconut farmer partners to adopt sustainable practices like compositing, mulching organic matter, and intercropping to improve crop yield. The program aims to increase coconut farmer income by 100% and crop yields by 50% over the next five years. The majority of the company’s coconut partner is based in the Philippines. In September 2022, Goya Foods, Inc., the largest Hispanic-owned food company in the USA, launched an online store to ship their products including coconut milk and cream directly to the consumers. The company aims to expand its digital footprint in the market and offer easy access to its products to consumers. In May 2021, Axelum Resources Corp. entered into the e-commerce sector and collaborated with local online platforms like Shopee and Lazada. These product feature company’s products including coconut milk powder, coconut cream and milk, and coconut cooking oil. The company aimed to reach a large consumer base. The Global Coconut Milk and Cream Market is forecasted to continue a positive growth, primarily driven by the growing trend for veganism and plant-based diet along with the increasing prevalence of lactose intolerance in consumers. The surging demand for functional and healthier food products coupled with the increasing adoption of plant-based products like coconut milk and cream to lead a certain or healthier lifestyle is anticipated to augment the growth of the market. Though the market is highly competitive with ~200 participants, global players control the dominant market share. Market Taxonomy By Type Coconut Milk Organic Conventional Coconut Cream Organic Conventional By Packaging Type Plastic Bottles Tetra Packs Cans By Flavor Sweetened Unsweetened Request For Customization By End-Users Households Food and Catering Service Processed Food Others By Distribution Channel Direct Wholesalers Supermarkets/Hypermarkets Specialty Stores Online Retail Other Retail Sectors By Geography North America USA, Canada, Mexico) Europe (Germany, UK, France, Spain, Italy) Asia-Pacific (China, Japan, South Korea, India, Indonesia, Australia) LAMEA (Latin America, Middle East, Africa) Key Players Mc Cormick & Company, Inc. Nestlé Pacific Foods Of Oregon, LLC Califia Farms, LLC Goya Foods, Inc. Danone Sambu Group Axelum Resources Corp. Kapar Coconut Industries Greenville Agro Corporation For more insights on the market intelligence, refer to the link below:- Global Coconut Milk and Cream Market Tags: Challenges in Growth of Coconut Milk and Cream Market, Coconut Milk and Cream Industry, Coconut Milk and Cream Manufacturers, Coconut Milk and Cream Market, Coconut Milk and Cream Market Trends, Coconut Milk and Cream Products Market, Coconut Milk and Cream Raw Material Suppliers, Coconut Milk Powder Market, Coconut Milk Products Market, Cocos Coconut Milk and Cream Market Share, Competitors in Coconut Milk and Cream Market, Demand for Coconut Milk and Cream in Consumer Sector, Distributors of Coconut Milk and Cream, Emerging Companies in Coconut Milk and Cream Market, Global Coconut Cream Industry, Global Coconut Milk and Cream Market, Global Coconut Milk Market, Investors for Agri-tech & Agricultural Products, Investors in Food & Beverages Start-ups, Investors in Plant-Based Companies Incumbents, Leading Coconut Cream Companies, Leading Companies in Coconut Milk Market, Leading Players in Coconut Milk and Cream Market, Opportunities in Coconut Milk and Cream Market, Organic Plant-Based Milk Market, Plant-Based Milk Market, Plant-Based Product Manufacturers, Suppliers of Coconut Milk and Cream, Top Coconut Milk and Cream Companies, Top Countries for Supplying Coconut, Vegan Milk Market