Market News
Coconut Wraps Market -Recent Developments
New product launches
- Cocobella is a multi-category food & beverage company. Its products include coconut water, coconut yoghurt in a variety of flavors such as vanilla, strawberry, and passionfruit, and coconut water in flavors such as mango, pink guava, pineapple, watermelon mint, chocolate, peach mango. In September 2022, Cocobella launched a new line of coconut wraps made with extra virgin coconut oil. The wraps are available in three flavors: original, turmeric, and vanilla.
- Nature's Path Foods, commonly known as Nature's Path, is a privately held, family-owned producer of certified organic foods. In January 2022, Nature's Path Foods introduced new gluten-free coconut wraps as part of its Superfood Wraps line. The wraps contain a fiber-rich coconut flour.
- Nutiva is the pioneer of organic plant-based foods. In November 2021, Nutiva launched a new line of coconut wraps made with organic coconut flour. The wraps are certified organic, non-GMO, and vegan.
Acquisition and partnerships
- In October 2022, Taste Nirvana partnered with Europe-based distributor Sanduka to expand its coconut wrap distribution in the European market
- In May 2022, LettUs Foods acquired a minority stake in The Coconut Company to secure a steady supply of coconut-based ingredients
- Coconut Merchant ethically source, pack, ship organic coconut food products. In March 2021, Coconut Merchant collaborated with Whole Foods Market to launch a new line of coconut wraps at Whole Foods stores across the U.S.