Creamed Coconut Market Trends

  • Report ID: 3180
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Creamed Coconut Market Trends

Growth Drivers

  • Innovations Associated with Creamed Coconut Products
  • Rising Veganism Trend Worldwide

Challenges

  • Imposition of Strict Bans on the Export of Coconut in Several Countries
  • Disease Associated with Coconut Plantation

Creamed Coconut Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

7.2%

Base Year Market Size (2023)

USD 2.57 billion

Forecast Year Market Size (2036)

USD 6.35 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 3180
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of creamed coconut is assessed at USD 2.72 billion.

Creamed Coconut Market size was valued at USD 2.57 billion in 2023 and is expected to exceed USD 6.35 billion by 2036, expanding at over 7.2% CAGR during the forecast period i.e., between 2024-2036. The key growth drivers for the market are growing developments related to creamed coconut products and growing trend of veganism globally.

Asia Pacific is anticipated to hold largest revenue share by 2036, on the back of rising awareness regarding the benefits of creamed coconut as well as the increasing use of coconut products in the region.

The major players in the market include Nestle SA, Edward & Sons Trading Co., Windmill Organics Limited, McCormick & Company, Inc., Greenfield Products, LLC, and more.
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