Coconut Milk Market, By Form (Liquid and Powder), By Application (Food & Beverages, Cosmetics & Personal Care, and Others), By Source (Organic and Conventional), By Region (North America, South America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022-2028
However, consumers should take measures before consuming coconut milk as it contains high calories, abundant saturated fat, and often causes allergies. Moreover, popular substitutes to coconut milk such as spiced milk, soy milk, and yoghurt might be a hindrance in growth of the market. Consumption of coconut milk may increase blood fat levels, which can increase the risk of heart disease. Presence of saturated fat will increase cholesterol level, which results in weight gain and constipation. Other factors such high cost of coconut milk as compared to dairy milk and increasing health risks associated with consumption of coconut milk are expected to hamper growth of the market.