The Latin America, Middle East and Africa Coconut Milk Powder Market would witness market growth of 11.1% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 197.3 Tonnes, showcasing a growth of 9.2% (2024-2031).
In the beverage industry, this powder is gaining popularity as a versatile ingredient for creating various drinks. It can be easily mixed with water to produce a creamy coconut milk that can be used in smoothies, shakes, and cocktails, adding a tropical flavor and rich texture. Coconut milk powder is also a key component in non-dairy milk alternatives, appealing to consumers seeking plant-based options. Thus, the Brazil Market Consumed a volume of 16.17 Tonnes in 2023.
The Brazil market dominated the LAMEA Coconut Milk Powder Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,171.8 Thousands by 2031. The Argentina market is showcasing a CAGR of 11.8% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 10.1% during (2024 - 2031).
The clean label movement, emphasizing transparency and simplicity in ingredient lists, influences consumer purchasing decisions. This powder, often perceived as a natural ingredient, is increasingly included in clean-label products that align with consumer preferences for wholesome and recognizable ingredients.
The growth of e-commerce platforms has made it easier for consumers to access this powder, enabling them to purchase specialty products online. This trend is especially attractive to health-conscious individuals searching for specific dietary items that may not be easily found in physical retail stores. Additionally, online shopping offers the convenience of home delivery and the ability to compare products and prices, further enhancing the shopping experience.
The rising food service industry in the UAE significantly impacts the growth of this market. As the UAE continues to establish itself as a culinary hub, the demand for diverse and innovative ingredients in food preparation has surged. This powder, known for its versatility and health benefits, is increasingly being adopted by restaurants, cafes, and catering services across the region. The retail sector in Brazil has shown significant resilience and growth, which positively impacts various product markets, including this powder. According to the Brazilian government, retail trade sales increased by 1.0% in January 2024 compared to December 2023, demonstrating a consistent upward trend despite a slight dip from the previous month’s increase of 2.8%. This indicates a steady consumer demand, essential for driving sales of niche products like this powder. In conclusion, the thriving food service industry in the UAE and the resilient retail sector in Brazil are both driving significant growth in this market.
Free Valuable Insights: The Worldwide Coconut Milk Powder Market is Projected to reach USD 140.8 Million by 2031, at a CAGR of 9.7%
Based on Product, the market is segmented into Conventional, and Organic. Based on Application, the market is segmented into Food, and Beverages. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Nestle S.A.
- Associated British Foods PLC (Wittington Investments Limited)
- Danone S.A.
- McCormick & Company, Inc.
- GraceKennedy Limited
- Bramble Berry, Inc.
- BareOrganics
- King Arthur Flour Company, Inc.
- Healthworks
- Cocomi Bio Organic
LAMEA Coconut Milk Powder Market Report Segmentation
By Product (Volume, Tonnes, USD Million, 2020-2031)
By Application (Volume, Tonnes, USD Million, 2020-2031)
By Distribution Channel (Volume, Tonnes, USD Million, 2020-2031)
By Country (Volume, Tonnes, USD Million, 2020-2031)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Coconut Milk Powder Market, 2020 - 2023, USD Thousands
TABLE 2 LAMEA Coconut Milk Powder Market, 2024 - 2031, USD Thousands
TABLE 3 LAMEA Coconut Milk Powder Market, 2020 - 2023, Tonnes
TABLE 4 LAMEA Coconut Milk Powder Market, 2024 - 2031, Tonnes
TABLE 5 LAMEA Coconut Milk Powder Market by Product, 2020 - 2023, USD Thousands
TABLE 6 LAMEA Coconut Milk Powder Market by Product, 2024 - 2031, USD Thousands
TABLE 7 LAMEA Coconut Milk Powder Market by Product, 2020 - 2023, Tonnes
TABLE 8 LAMEA Coconut Milk Powder Market by Product, 2024 - 2031, Tonnes
TABLE 9 LAMEA Conventional Market by Country, 2020 - 2023, USD Thousands
TABLE 10 LAMEA Conventional Market by Country, 2024 - 2031, USD Thousands
TABLE 11 LAMEA Conventional Market by Country, 2020 - 2023, Tonnes
TABLE 12 LAMEA Conventional Market by Country, 2024 - 2031, Tonnes
TABLE 13 LAMEA Organic Market by Country, 2020 - 2023, USD Thousands
TABLE 14 LAMEA Organic Market by Country, 2024 - 2031, USD Thousands
TABLE 15 LAMEA Organic Market by Country, 2020 - 2023, Tonnes
TABLE 16 LAMEA Organic Market by Country, 2024 - 2031, Tonnes
TABLE 17 LAMEA Coconut Milk Powder Market by Application, 2020 - 2023, USD Thousands
TABLE 18 LAMEA Coconut Milk Powder Market by Application, 2024 - 2031, USD Thousands
TABLE 19 LAMEA Coconut Milk Powder Market by Application, 2020 - 2023, Tonnes
TABLE 20 LAMEA Coconut Milk Powder Market by Application, 2024 - 2031, Tonnes
TABLE 21 LAMEA Food Market by Country, 2020 - 2023, USD Thousands
TABLE 22 LAMEA Food Market by Country, 2024 - 2031, USD Thousands
TABLE 23 LAMEA Food Market by Country, 2020 - 2023, Tonnes
TABLE 24 LAMEA Food Market by Country, 2024 - 2031, Tonnes
TABLE 25 LAMEA Beverages Market by Country, 2020 - 2023, USD Thousands
TABLE 26 LAMEA Beverages Market by Country, 2024 - 2031, USD Thousands
TABLE 27 LAMEA Beverages Market by Country, 2020 - 2023, Tonnes
TABLE 28 LAMEA Beverages Market by Country, 2024 - 2031, Tonnes
TABLE 29 LAMEA Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 30 LAMEA Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 31 LAMEA Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 32 LAMEA Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 33 LAMEA Offline Market by Country, 2020 - 2023, USD Thousands
TABLE 34 LAMEA Offline Market by Country, 2024 - 2031, USD Thousands
TABLE 35 LAMEA Offline Market by Country, 2020 - 2023, Tonnes
TABLE 36 LAMEA Offline Market by Country, 2024 - 2031, Tonnes
TABLE 37 LAMEA Online Market by Country, 2020 - 2023, USD Thousands
TABLE 38 LAMEA Online Market by Country, 2024 - 2031, USD Thousands
TABLE 39 LAMEA Online Market by Country, 2020 - 2023, Tonnes
TABLE 40 LAMEA Online Market by Country, 2024 - 2031, Tonnes
TABLE 41 LAMEA Coconut Milk Powder Market by Country, 2020 - 2023, USD Thousands
TABLE 42 LAMEA Coconut Milk Powder Market by Country, 2024 - 2031, USD Thousands
TABLE 43 LAMEA Coconut Milk Powder Market by Country, 2020 - 2023, Tonnes
TABLE 44 LAMEA Coconut Milk Powder Market by Country, 2024 - 2031, Tonnes
TABLE 45 Brazil Coconut Milk Powder Market, 2020 - 2023, USD Thousands
TABLE 46 Brazil Coconut Milk Powder Market, 2024 - 2031, USD Thousands
TABLE 47 Brazil Coconut Milk Powder Market, 2020 - 2023, Tonnes
TABLE 48 Brazil Coconut Milk Powder Market, 2024 - 2031, Tonnes
TABLE 49 Brazil Coconut Milk Powder Market by Product, 2020 - 2023, USD Thousands
TABLE 50 Brazil Coconut Milk Powder Market by Product, 2024 - 2031, USD Thousands
TABLE 51 Brazil Coconut Milk Powder Market by Product, 2020 - 2023, Tonnes
TABLE 52 Brazil Coconut Milk Powder Market by Product, 2024 - 2031, Tonnes
TABLE 53 Brazil Coconut Milk Powder Market by Application, 2020 - 2023, USD Thousands
TABLE 54 Brazil Coconut Milk Powder Market by Application, 2024 - 2031, USD Thousands
TABLE 55 Brazil Coconut Milk Powder Market by Application, 2020 - 2023, Tonnes
TABLE 56 Brazil Coconut Milk Powder Market by Application, 2024 - 2031, Tonnes
TABLE 57 Brazil Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 58 Brazil Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 59 Brazil Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 60 Brazil Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 61 Argentina Coconut Milk Powder Market, 2020 - 2023, USD Thousands
TABLE 62 Argentina Coconut Milk Powder Market, 2024 - 2031, USD Thousands
TABLE 63 Argentina Coconut Milk Powder Market, 2020 - 2023, Tonnes
TABLE 64 Argentina Coconut Milk Powder Market, 2024 - 2031, Tonnes
TABLE 65 Argentina Coconut Milk Powder Market by Product, 2020 - 2023, USD Thousands
TABLE 66 Argentina Coconut Milk Powder Market by Product, 2024 - 2031, USD Thousands
TABLE 67 Argentina Coconut Milk Powder Market by Product, 2020 - 2023, Tonnes
TABLE 68 Argentina Coconut Milk Powder Market by Product, 2024 - 2031, Tonnes
TABLE 69 Argentina Coconut Milk Powder Market by Application, 2020 - 2023, USD Thousands
TABLE 70 Argentina Coconut Milk Powder Market by Application, 2024 - 2031, USD Thousands
TABLE 71 Argentina Coconut Milk Powder Market by Application, 2020 - 2023, Tonnes
TABLE 72 Argentina Coconut Milk Powder Market by Application, 2024 - 2031, Tonnes
TABLE 73 Argentina Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 74 Argentina Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 75 Argentina Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 76 Argentina Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 77 UAE Coconut Milk Powder Market, 2020 - 2023, USD Thousands
TABLE 78 UAE Coconut Milk Powder Market, 2024 - 2031, USD Thousands
TABLE 79 UAE Coconut Milk Powder Market, 2020 - 2023, Tonnes
TABLE 80 UAE Coconut Milk Powder Market, 2024 - 2031, Tonnes
TABLE 81 UAE Coconut Milk Powder Market by Product, 2020 - 2023, USD Thousands
TABLE 82 UAE Coconut Milk Powder Market by Product, 2024 - 2031, USD Thousands
TABLE 83 UAE Coconut Milk Powder Market by Product, 2020 - 2023, Tonnes
TABLE 84 UAE Coconut Milk Powder Market by Product, 2024 - 2031, Tonnes
TABLE 85 UAE Coconut Milk Powder Market by Application, 2020 - 2023, USD Thousands
TABLE 86 UAE Coconut Milk Powder Market by Application, 2024 - 2031, USD Thousands
TABLE 87 UAE Coconut Milk Powder Market by Application, 2020 - 2023, Tonnes
TABLE 88 UAE Coconut Milk Powder Market by Application, 2024 - 2031, Tonnes
TABLE 89 UAE Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 90 UAE Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 91 UAE Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 92 UAE Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 93 Saudi Arabia Coconut Milk Powder Market, 2020 - 2023, USD Thousands
TABLE 94 Saudi Arabia Coconut Milk Powder Market, 2024 - 2031, USD Thousands
TABLE 95 Saudi Arabia Coconut Milk Powder Market, 2020 - 2023, Tonnes
TABLE 96 Saudi Arabia Coconut Milk Powder Market, 2024 - 2031, Tonnes
TABLE 97 Saudi Arabia Coconut Milk Powder Market by Product, 2020 - 2023, USD Thousands
TABLE 98 Saudi Arabia Coconut Milk Powder Market by Product, 2024 - 2031, USD Thousands
TABLE 99 Saudi Arabia Coconut Milk Powder Market by Product, 2020 - 2023, Tonnes
TABLE 100 Saudi Arabia Coconut Milk Powder Market by Product, 2024 - 2031, Tonnes
TABLE 101 Saudi Arabia Coconut Milk Powder Market by Application, 2020 - 2023, USD Thousands
TABLE 102 Saudi Arabia Coconut Milk Powder Market by Application, 2024 - 2031, USD Thousands
TABLE 103 Saudi Arabia Coconut Milk Powder Market by Application, 2020 - 2023, Tonnes
TABLE 104 Saudi Arabia Coconut Milk Powder Market by Application, 2024 - 2031, Tonnes
TABLE 105 Saudi Arabia Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 106 Saudi Arabia Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 107 Saudi Arabia Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 108 Saudi Arabia Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 109 South Africa Coconut Milk Powder Market, 2020 - 2023, USD Thousands
TABLE 110 South Africa Coconut Milk Powder Market, 2024 - 2031, USD Thousands
TABLE 111 South Africa Coconut Milk Powder Market, 2020 - 2023, Tonnes
TABLE 112 South Africa Coconut Milk Powder Market, 2024 - 2031, Tonnes
TABLE 113 South Africa Coconut Milk Powder Market by Product, 2020 - 2023, USD Thousands
TABLE 114 South Africa Coconut Milk Powder Market by Product, 2024 - 2031, USD Thousands
TABLE 115 South Africa Coconut Milk Powder Market by Product, 2020 - 2023, Tonnes
TABLE 116 South Africa Coconut Milk Powder Market by Product, 2024 - 2031, Tonnes
TABLE 117 South Africa Coconut Milk Powder Market by Application, 2020 - 2023, USD Thousands
TABLE 118 South Africa Coconut Milk Powder Market by Application, 2024 - 2031, USD Thousands
TABLE 119 South Africa Coconut Milk Powder Market by Application, 2020 - 2023, Tonnes
TABLE 120 South Africa Coconut Milk Powder Market by Application, 2024 - 2031, Tonnes
TABLE 121 South Africa Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 122 South Africa Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 123 South Africa Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 124 South Africa Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 125 Nigeria Coconut Milk Powder Market, 2020 - 2023, USD Thousands
TABLE 126 Nigeria Coconut Milk Powder Market, 2024 - 2031, USD Thousands
TABLE 127 Nigeria Coconut Milk Powder Market, 2020 - 2023, Tonnes
TABLE 128 Nigeria Coconut Milk Powder Market, 2024 - 2031, Tonnes
TABLE 129 Nigeria Coconut Milk Powder Market by Product, 2020 - 2023, USD Thousands
TABLE 130 Nigeria Coconut Milk Powder Market by Product, 2024 - 2031, USD Thousands
TABLE 131 Nigeria Coconut Milk Powder Market by Product, 2020 - 2023, Tonnes
TABLE 132 Nigeria Coconut Milk Powder Market by Product, 2024 - 2031, Tonnes
TABLE 133 Nigeria Coconut Milk Powder Market by Application, 2020 - 2023, USD Thousands
TABLE 134 Nigeria Coconut Milk Powder Market by Application, 2024 - 2031, USD Thousands
TABLE 135 Nigeria Coconut Milk Powder Market by Application, 2020 - 2023, Tonnes
TABLE 136 Nigeria Coconut Milk Powder Market by Application, 2024 - 2031, Tonnes
TABLE 137 Nigeria Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 138 Nigeria Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 139 Nigeria Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 140 Nigeria Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 141 Rest of LAMEA Coconut Milk Powder Market, 2020 - 2023, USD Thousands
TABLE 142 Rest of LAMEA Coconut Milk Powder Market, 2024 - 2031, USD Thousands
TABLE 143 Rest of LAMEA Coconut Milk Powder Market, 2020 - 2023, Tonnes
TABLE 144 Rest of LAMEA Coconut Milk Powder Market, 2024 - 2031, Tonnes
TABLE 145 Rest of LAMEA Coconut Milk Powder Market by Product, 2020 - 2023, USD Thousands
TABLE 146 Rest of LAMEA Coconut Milk Powder Market by Product, 2024 - 2031, USD Thousands
TABLE 147 Rest of LAMEA Coconut Milk Powder Market by Product, 2020 - 2023, Tonnes
TABLE 148 Rest of LAMEA Coconut Milk Powder Market by Product, 2024 - 2031, Tonnes
TABLE 149 Rest of LAMEA Coconut Milk Powder Market by Application, 2020 - 2023, USD Thousands
TABLE 150 Rest of LAMEA Coconut Milk Powder Market by Application, 2024 - 2031, USD Thousands
TABLE 151 Rest of LAMEA Coconut Milk Powder Market by Application, 2020 - 2023, Tonnes
TABLE 152 Rest of LAMEA Coconut Milk Powder Market by Application, 2024 - 2031, Tonnes
TABLE 153 Rest of LAMEA Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 154 Rest of LAMEA Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 155 Rest of LAMEA Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 156 Rest of LAMEA Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 157 Key Information – Nestle S.A.
TABLE 158 Key Information – Associated British Foods PLC
TABLE 159 Key information – Danone S.A.
TABLE 160 Key Information – McCormick & Company, Inc.
TABLE 161 key information – GraceKennedy Limited
TABLE 162 key information – Bramble Berry, Inc.
TABLE 163 key information – BareOrganics
TABLE 164 Key Information – King Arthur Flour Company, Inc.
TABLE 165 Key Information – Healthworks
TABLE 166 Key Information – Cocomi Bio Organic
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Coconut Milk Powder Market, 2020 - 2031, USD Thousands
FIG 3 Key Factors Impacting Coconut Milk Powder Market
FIG 4 Porter’s Five Forces Analysis – Coconut Milk Powder Market
FIG 5 LAMEA Coconut Milk Powder Market share by Product, 2023
FIG 6 LAMEA Coconut Milk Powder Market share by Product, 2031
FIG 7 LAMEA Coconut Milk Powder Market by Product, 2020 - 2031, USD Thousands
FIG 8 LAMEA Coconut Milk Powder Market share by Application, 2023
FIG 9 LAMEA Coconut Milk Powder Market share by Application, 2031
FIG 10 LAMEA Coconut Milk Powder Market by Application, 2020 - 2031, USD Thousands
FIG 11 LAMEA Coconut Milk Powder Market share by Distribution Channel, 2023
FIG 12 LAMEA Coconut Milk Powder Market share by Distribution Channel, 2031
FIG 13 LAMEA Coconut Milk Powder Market by Distribution Channel, 2020 - 2031, USD Thousands
FIG 14 LAMEA Coconut Milk Powder Market share by Country, 2023
FIG 15 LAMEA Coconut Milk Powder Market share by Country, 2031
FIG 16 LAMEA Coconut Milk Powder Market by Country, 2020 - 2031, USD Thousands
FIG 17 SWOT Analysis: Nestle S.A.
FIG 18 Swot Analysis: Associated British Foods PLC
FIG 19 SWOT Analysis: Danone, S.A.
FIG 20 SWOT Analysis: McCormick & Company, Inc.