Global coconut milk powder market will reach 1110 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/7/15

Coconut milk powder is a fine, white powder used in Southeast Asian and other cuisines. Coconut milk powder is manufactured through the spray drying process of raw unsweetened coconut cream and is reconstituted with water for use in recipes that call for coconut milk. Many commercially available coconut milk powders list milk or casein among their ingredients.

Southeast Asia is the largest region of Coconut Milk Powder in the world in the past few years and it will keep increasing in the next few years. Southeast Asia market took up about 31.3% the global market in 2018, while Europe and North America were about 14.5%, 10.7%. Indonesia, Philippines, Thailand, Vietnam, etc. are now the key developers of Coconut Milk Powder.

The global Coconut Milk Powder market is valued at 800 million US$ in 2018 and will reach 1110 million US$ by the end of 2025, growing at a CAGR of 4.7% during 2019-2025.

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