Europe Coconut Milk Market Size is expected to be worth USD 0.56 billion in 2024 to reach USD 0.79 billion by 2029, to be growing at a CAGR of 6.87%, from forecast period 2024 to 2029.
Coconut milk is derived from the shreds of a mature coconut. Coconut milk has a rich taste and colour due to the presence of high oil content which is saturated fat. It has various health benefits like- helps to improve the immune system and helps reduce critical illness. Coconut milk has various health benefits including the improvement of the immune system which makes it a major driver of the market. Due to the increase in the vegan population, the consumption of naturally obtained coconut milk has gone up. Asian cuisine becomes increasingly popular across the globe which in turn fuels the market growth as coconut milk is one of the major ingredients of Asian cuisine. There has been a rise in the lactose intolerant population which in turn further drives the market growth.
This Research Report on Europe Coconut Milk Market is segmented, and sub segmented into following categories.
Europe Coconut Milk Market By Form
Europe Coconut Milk Market By Nature
Europe Coconut Milk Market By Application
Europe Coconut Milk Market By Region
The European market is growing at a steady rate due to increasing awareness among people about the benefits of coconut milk.
KEY PLAYERS IN EUROPE COCONUT MILK MARKET
Key Players In Europe Coconut Milk Market Are WhiteWave Foods, McCormick, Theppadungporn Coconut Co. Ltd, Goya Foods, Pureharvest, Edward & Sons, Ducoco, iTi Tropicals, Thai Agri Foods, Turtle Mountain, Pacific Foods.
Frequently Asked Questions
Factors driving the coconut milk market in Europe include increasing consumer interest in plant-based and dairy-free alternatives, growing awareness of the health benefits of coconut products, and the versatility of coconut milk in cooking and baking.
Popular coconut milk products consumed in the European market include canned coconut milk, refrigerated coconut milk beverages, coconut cream, and powdered coconut milk.
Coconut milk is used in a variety of sweet and savory dishes, including curries, soups, sauces, desserts, smoothies, and baked goods. It is also used as a dairy milk substitute in coffee, tea, and cereal.
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