COCONUT WRAPS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)
Coconut Wraps Market, By Product Type (Wraps, Spreads, Milk, Flour, Oil, Desiccated Coconut, Others), By Category (Organic, Conventional, Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Others), By End Use (Food & Beverage Industry, Retail Customers, Food Service Industry, Cosmetic Industry, Others), By Packaging (Pouches, Jars, Tins, Packets, Bottles, Others), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)
North America is expected to be the largest market for coconut wraps during the forecast period, and accounted for 35% of the market share in 2023. The market growth in North America can be attributed to the rising adoption of plant-based diets and growing health consciousness among consumers.
Asia Pacific accounted for 25.3% of the coconut wraps market share in 2023. The market growth can be attributed to increasing disposable incomes and expanding retail sector in emerging economies.
Europe accounted for 17% of the coconut wraps market share in 2023. The market growth in Europe can be attributed to the high demand for gluten-free and vegan food products.
North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East