Desiccated Coconut Powder Market
Desiccated Coconut Powder Market Size, Share & Trends Analysis Report, By Type (Full Fat and Low Fat), By End-User (Households, Restaurants, Cafes, Bakeries, and Others), By Distribution Channel (Supermarket/Hypermarket, Convenience Store, Online Store, and Others), Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Desiccated coconut powder market is anticipated to grow at a CAGR of 7.5% during the forecast period. The increase in cumulative income and shift in the preference of consumers towards organic and natural dietary products that are rich in minerals and measured as low cholesterol are the primary factors responsible for the market growth. Considering the demand for processed food ingredients, desiccated coconut powder is consumed as a supreme product in various food ingredients such as cakes, juices, and confectionery. Moreover, the availability of products in various retail and online stores, along with government initiatives that promote the production and growth of coconut to meet the rising demand of consumers across the globe are the major factors that accelerate the market growth. For instance, as per the India Brand Equity Foundation (IBEF), the Government of India provided financial assistance to the tune of $10 million for covering a fresh area of 4,078 hectares under the expansion of the area under coconut initiative and 91-hectare demonstration plots for productivity improvement in 2021-2022. This includes establishing six new coconut nurseries and a coconut nucleus seed garden and six new coconut processing units for value-added products such as virgin coconut oil (VCO), activated carbon and ball copra, and spray-dried coconut milk powder.
Segmental Outlook
the global desiccated coconut powder market is segmented based on type, end-user, and distribution channel. Based on type, the market is segmented into full fat and low fat. Based on end-user, the market is segmented into households, restaurants, cafes, bakeries, and others. Based on the distribution channel, the market is bifurcated into supermarkets/hypermarkets, convenience stores, online stores, and others. Based on the distribution channel, the online store segment has witnessed considerable growth in the market. They are estimated to be the fastest-growing distribution channels during the forecast period. The growth of desiccated coconut powder through online store has been directly influenced by the growth of e-commerce websites across the globe. The growth of e-commerce has been triggered by an increase in internet and smartphone penetration. For instance, according to the India Brand Equity Foundation, the number of internet connections in 2021 increased significantly to 830 million, driven by the “Digital India” program. This, in turn, is driving the demand for desiccated coconut powder from online distribution channels.
Regional Outlook
The global desiccated coconut powder market is further segmented based on geography including North America (the US and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa and Latin America). Europe witnessed favorable growth in the global desiccated coconut powder market. The growth is mainly driven by increasing consumer preferences for consuming organic and natural food products to be used in foods and milk powder which is anticipated to increase the overall demand for desiccated coconut powder in the region.
Global Desiccated Coconut Powder Market Growth, by Region 2022-2028
Asia-Pacific Region to Exhibit Significant Share in the Global Desiccated Coconut Powder Market During the Forecast Period.
Asia-Pacific region is the fastest growing region in the global desiccated coconut powder market. The growth in the region is majorly augmented owing to the availability of fertile land that is suitable for the production of coconut in the region, coupled with the increasing prevalence of cardiovascular diseases due to high cholesterol levels is another factor responsible for the market growth in the region. According to, the Ministry of Agriculture & Farmers Welfare the production of coconut in India stood at $ 21207 million nuts during 2020-21, which is 34% of the global production. The productivity is 9687 nuts per hectare, which is the highest across the globe.
Market Players Outlook
The major companies serving the global desiccated coconut powder market include Primex Coco Products Inc., Cocomi Bio Organic, and Kapar Coconut Industries, among others. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in May 2021, AXELUM Resources Corp. launched an online coconut store, marking its entry into the country’s e-commerce sector. The new online store is on Shopee and Lazada platforms, offering products under its Fiesta brand. The product portfolio includes coconut milk powder, coconut cream, milk, and coconut cooking oil. With this online launch, the company aims to increase its market share in the US e-commerce business after receiving positive customer reviews on its products.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global desiccated coconut powder market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market?
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Desiccated Coconut Powder Market by Type
4.1.1. Full Fat
4.1.2. Low Fat
4.2. Global Desiccated Coconut Powder Market by End-User
4.2.1. Households
4.2.2. Restaurants
4.2.3. Cafes
4.2.4. Bakeries
4.2.5. Others
4.3. Global Desiccated Coconut Powder Market by Distribution Channel
4.3.1. Supermarket/Hypermarket
4.3.2. Convenience Store
4.3.3. Online Store
4.3.4. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Bake King Pte Ltd.
6.2. CBL Natural Foods (Pvt) Ltd.
6.3. Celebes Coconut Corp.
6.4. Cocomi Bio Organic
6.5. Kapar Coconut Industries
6.6. Kenstate
6.7. Primex Group of Co.
6.8. PT. Global Coconut
6.9. S&P Industries Sdn Bhd.
6.10. Silvermill Group
6.11. Tradlanka Agricultural Enterprises (Pvt) Ltd.
6.12. Viet Delta.
1. GLOBAL DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL FULL FAT DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL LOW FAT DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
5. GLOBAL DESICCATED COCONUT POWDER FOR HOUSEHOLDS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL DESICCATED COCONUT POWDER FOR RESTAURANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL DESICCATED COCONUT POWDER FOR CAFES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL DESICCATED COCONUT POWDER FOR BAKERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL DESICCATED COCONUT POWDER FOR OTHER END-USERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
11. GLOBAL DESICCATED COCONUT POWDER FROM SUPERMARKET/HYPERMARKET MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL DESICCATED COCONUT POWDER FROM CONVENIENCE STORE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL DESICCATED COCONUT POWDER FROM ONLINE STORE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL DESICCATED COCONUT POWDER FROM OTHER DISTRIBUTION CHANNELS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
16. NORTH AMERICAN DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. NORTH AMERICAN DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
18. NORTH AMERICAN DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
19. NORTH AMERICAN DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
20. EUROPEAN DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. EUROPEAN DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
22. EUROPEAN DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
23. EUROPEAN DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
28. REST OF THE WORLD DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. REST OF THE WORLD DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
31. REST OF THE WORLD DESICCATED COCONUT POWDER MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
1. GLOBAL DESICCATED COCONUT POWDER MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL FULL FAT DESICCATED COCONUT POWDER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
3. GLOBAL LOW FAT DESICCATED COCONUT POWDER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
4. GLOBAL DESICCATED COCONUT POWDER MARKET SHARE BY END-USER, 2021 VS 2028 (%)
5. GLOBAL DESICCATED COCONUT POWDER FOR HOUSEHOLDS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL DESICCATED COCONUT POWDER FOR RESTAURANTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL DESICCATED COCONUT POWDER FOR CAFES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL DESICCATED COCONUT POWDER FOR BAKERIES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL DESICCATED COCONUT POWDER FOR OTHERS END USER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL DESICCATED COCONUT POWDER MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
11. GLOBAL DESICCATED COCONUT POWDER FROM SUPERMARKET/HYPERMARKET MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL DESICCATED COCONUT POWDER FROM CONVENIENCE STORE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL DESICCATED COCONUT POWDER FROM ONLINE STORE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL DESICCATED COCONUT POWDER FROM OTHER DISTRIBUTION CHANNEL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL DESICCATED COCONUT POWDER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. US DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
17. CANADA DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
18. UK DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
19. FRANCE DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
20. GERMANY DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
21. ITALY DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
22. SPAIN DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF EUROPE DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
24. INDIA DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
25. CHINA DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
26. JAPAN DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
27. SOUTH KOREA DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF ASIA-PACIFIC DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF THE WORLD DESICCATED COCONUT POWDER MARKET SIZE, 2021-2028 ($ MILLION)
