Global Coconut Milk Market Overview:
Coconut milk is a white liquid obtained from the grated pulp of mature coconuts which consists of high levels of calories and fats. the coconut milk is obtained from coconut flesh which is grated and soaked in water. It is then converted into coconut cream, out of which liquid is squeezed called coconut milk. There are varieties of coconut milk products are available in the supermarket, grocery stores, online stores. Coconut milk products include coconut cream, light coconut milk, coconut milk powder, etc.
- Easy Availability of Coconut Plants and Raw Materials
- Increasing Demand for the Coconut Products Because of its Health Benefits
- Increasing Popularity of Coconut Milk for in Dairy and Dessert Products
- Health-related Issues Due to Excessive Consumption of Coconut Milk as it Consists of Fermentable Carbohydrates
- Rising Demand for the Plant-based will Boost the Coconut Milk Market
- Increasing Application of Coconut Milk in Various Food Products
- Various Number of Players Present in the Coconut Milk Market
Some of the key players profiled in the report are Theppadungporn Coconut Co., Ltd. (Thailand), Axelum Resources Corp. (Philippines), Thai Coconut (Thailand), Asiatic Agro Industry Coa., Ltd. (Thailand), Sambu Group (Singapore), PT. Sari Segar Husada (Indonesia), Ahya Coco Organic Food Manufacturing Corp (Philippines), Heng Guan Food Industrial Pte Ltd (Singapore), Betrimex (Thailand), Goya Foods (United States) and Renuka Agri Foods PLC (Sri Lanka). Considering Market by Form, the sub-segment i.e. Powder will boost the Coconut Milk market. Considering Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Coconut Milk market.
"The largest quantities are produced in Luzon, Southern Mindanao, and the Eastern Visayas. In the Philippines, large quantities of coconut water are obtained as a by-product of coconut milk, desiccated coconut, and virgin coconut oil processing. According to the Philippine Coconut Authority, the average volume of fresh coconut water per nut in the Philippines is 300 ml."
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Coconut Milk market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Coconut Milk market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Coconut Milk Manufacturers, Coconut Milk International Traders, Coconut Milk Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.