Qualitative Report on Coconut Products Market by Trends, Opportunities, Demand, Growth, Future Scope & Forecast to 2027
The global coconut products market was valued at US$ 10,627.8 million in 2018 and is projected to reach US$ 30,587.5 million by 2027; it is expected to grow at a CAGR of 12.5% during the forecast period. The coconut tree (Cocos nucifera) is a member of the palm family (Arecaceae) and the only living species in the genus Cocos. The term "coconut" (or the archaic "cocoanut") can refer to the whole coconut palm, the seed, or the fruit, which is botanically a drupe, not a nut. The name comes from the old Portuguese and Spanish word coco, which means 'head' or 'skull' after the three indentations in the coconut shell that resemble the facial features. They are ubiquitous in tropical coastal regions and are a cultural icon of the tropics.
Leading players of Coconut Products Market:
Marico, PepsiCo, Inc., The Coca-Cola Company, The Coconut Company, Nexpo Conversion, Danone S.A., Nestle S.A., Sambu Group, THAI Agri Food Plc., Thaicoconut
The “Global Coconut Products Market Analysis to 2027” is a specialized and in-depth study of the Coconut Products market with a focus on the global market trend. The report aims to provide an overview of the global Coconut Products market with detailed market segmentation by service, technology, industry vertical, and geography. The global Coconut Products market is expected to witness high growth during the forecast period.
Segmentation by Type:
Coconut Cream, Coconut Milk, Coconut Water, Coconut Sugar, Coconut Oil, Coconut Grated/Shredded, Coconut Desiccated and Others
Segmentation by Application:
Food, Beverage and End Consumers
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