Europe Coconut Milk Market was worth USD xx billion in 2022 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2027.
Coconut milk is derived from the shreds of a mature coconut. Coconut milk has a rich taste and colour due to the presence of high oil content which is saturated fat. It has various health benefits like- helps to improve the immune system and helps reduce critical illness. Coconut milk has various health benefits including the improvement of the immune system which makes it a major driver of the market. Due to the increase in the vegan population, the consumption of naturally obtained coconut milk has gone up. Asian cuisine becomes increasingly popular across the globe which in turn fuels the market growth as coconut milk is one of the major ingredients of Asian cuisine. There has been a rise in the lactose intolerant population which in turn further drives the market growth.
The market for Coconut Milk is broadly categorized into
form
nature
application
By form the market is divided into
liquid
powder
By nature the market is segmented into
organic
conventional
By application, the market is classified into
household
food and beverage
cosmetics and personal care
On the basis of geography, the market is analyzed under various regions namely
U.K
Germany
Italy
France
Spain
The European market is growing at a steady rate due to increasing awareness among people about the benefits of coconut milk.
WhiteWave Foods
McCormick
Theppadungporn Coconut Co. Ltd.
Goya Foods
Pureharvest,
Edward & Sons, Chi
Ducoco
iTi Tropicals
Thai Agri Foods
Turtle Mountain
Pacific Foods
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