COCONUT MILK AND CREAM MARKET ANALYSIS

Coconut Milk And Cream MarketSize and Trends

The global coconut milk and cream market is projected to reach around US$ 5.42 Billion by 2030, exhibiting a CAGR of 8.2% during the forecast period (2023-2030).

 Global Coconut Milk and Cream Market: Trends

• Rising consumption of bakery products: Increasing consumption of bakery products due to globalization is a major emerging trend in the market. Coconut milk is widely used in the preparation of bakery, confectionery, dairy products, frozen desserts, and other applications. Growing consumer spending on healthy food products, due to increasing disposable income, is again fostering the market growth. Additionally, the growing health and wellness trend is also boosting the market growth.