North America Coconut Milk Market

North America Coconut Milk Market Size (2024 to 2032)

North America Coconut Milk Market size is estimated to reach USD 1.12 billion by 2032 from USD 0.63 billion in 2024, growing at a CAGR of 7.46% from 2024 to 2032.

MARKET OVERVIEW

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 helping reduce critical illness.  Coconut milk has various health benefits including the improvement of immune system which makes it a major driver of the market. Due to the increase in vegan population, the consumption of naturally obtained coconut milk has gone up. Asian cuisine is become 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 the North America Coconut Milk market has been segmented and sub-segmented into the following categories.

North America Coconut Milk Market By Form

• liquid

• powder

North America Coconut Milk Market By Nature

• organic

• conventional

Organic coconut milk has gained immense popularity over the past few years.

North America Coconut Milk Market By Application

• household

• food and beverage

• cosmetics

• personal care

North America Coconut Milk Market By Distribution Channel

• supermarkets

• hypermarkets

specialist retailers and convenience stores. Supermarkets and hypermarkets are likely to dominate the market during the forecast period. On the basis of geography, the market is analysed under various regions, namely U.S.A and Canada.

North America Coconut Milk Market By Country

• The U.S.
• Canada
• Mexico
• Rest of North America

North America dominated the Coconut Milk market. There has been a rise in the region of the number of lactose intolerant people, who are not able to digest the lactose present in dairy milk, and who are switching to coconut milk due to the numerous health benefits derived from it.

KEY MARKET PLAYERS

Major players of the North America coconut milk market include Danone S.A., The Coca-Cola Company (Zico), GraceKennedy Limited, Goya Foods, Inc, Celebes Coconut Corporation, The Hain Celestial Group, Inc. (Dream), McCormick & Company, Inc, Edward & Sons Trading Co, and Vita Coco