COCONUT MILK MARKET ANALYSIS

Name: Coconut Milk Market News
Creator: Coherent Market Insights
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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

Key Developments

In 2015, Coconut Development Board (CDB) is a statutory body established under the Ministry of Agriculture, Government of India launched flavored coconut milk in pistachio, rose and chocolate flavors. This new product is a rich source of iron and copper.
In 2016, the Ceylon Biscuits Limited (CBL) launched new product which promoted by brand name ‘Sera’. Sera is a premium liquid coconut milk which is conveniently available in 180 ml UHT packs. The company was focusing on expanding its coconut milk business in the market.
In 2017, Vita coco launched dairy alternative a low-calorie and low-fat coconut milk in the market. The new product was aimed to fulfill the demand of health conscious customers. Coconut milk light is made from a blend of coconut water and coconut cream and has 20 calories per 100ml.
In 2018, the Danone launched coconut milk-based oikos yogurt in the market and company has plan to launched plant-based yogurt product for kids in 2019 to expand its product portfolio in the beverage market.
In March 2019, Koko Dairy Free appointed Southpaw as its lead creative communication agency. The company has appointed a retained creative agency as it prepares for major marketing investment focused on rising consumer interest in coconut milk than the dairy-free alternatives.