Report

Global Coconut Milk Powder Market Report and Forecast 2032

179 pages Mar 2025
Global Coconut Milk Powder Market Report and Forecast 2032

Global Coconut Milk Powder Market Report and Forecast 2032

Coconut Milk Powder Market Size, Share, Analysis, Report - By Product (Conventional, Organic), By Packaging Type (Pouches, Cartons, Bottles, Others), By Type (Sweetened, Unsweetened), By Application (Beverages, Savories, Bakery & Confectionery, Dairy & Frozen Products, Others), By Distribution Channel (B2B, B2C), and Others

  • Food & Beverages
  • Pages : 179
  • Mar 2025
  • Report Format :  

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Global Coconut Milk Powder Market Report and Forecast 2032
Study Period
2020- 2032
Market (2025)
USD 3.2 Billion
Market (2032)
USD 5.1 Billion
CAGR
6.89%
Major Markets Players
Anthony's Goods (ACH Food Companies Inc.), BareOrganicsBramble Berry Inc., Dr. Ben Kim Natural Health Solutions, Enerhealth Botanicals LLC, Grace Foods Canada Inc. and Others

Understand The Key Trends Shaping This Market

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Coconut Milk Powder Market Insights & Analysis

The Global Coconut Milk Powder Market reached a value of nearly USD 3.2 billion in 2025. The market is assessed to grow at a CAGR of around 6.89%, during the forecast period of 2025-2032 to attain a value of around USD 5.1 billion in 2032. A fine, white powder called "coconut milk powder" is made by spray-drying raw, unsweetened coconut cream. In addition to enriching calcium, iron, vitamins, sodium, and minerals, the powder is considered nutritive. They have various health benefits, such as aiding with digestive problems & improving cardiovascular health. One of the key aspects driving the expansion of the Coconut Milk Powder Market is the elevated worldwide awareness of its advantages over dairy substitutes. The industry is budding faster owing to the increasing usage of these powdered forms as cost-effective alternates for regular coconut milk, having a longer shelf life, and the surging processed & comfort food consumption brought on by demanding lifestyles.

Furthermore, elevated customer health consciousness & the increasing demand for coconut milk powder, which is observed to be a sustainable solution for individuals who can't afford liquefied coconut milk or prefer to buy food in bulk, have an impact on the Coconut Milk Powder Market. Also, the industry for coconut milk powder is profiting from the upsurge in disposable income, the digitization of the retail sector, population upgrades, urbanization, changing lifestyles, and disposable income. The product's rising popularity is pushed by increasing knowledge of its advantages over dairy substitutes.

Moreover, as coconut milk, contains high levels of vitamins C & E, which can prevent the progress of aging illnesses & tumors, it is gaining prevalence among the mid-aged & elderly population. Apart from dietary complications related to dairy intake, the exploitation of dairy cows has contributed to the escalating popularity of veganism. Further, to abolish the position of animals as commodities, vegan population groups are accepting more plant-based alternatives or products, including coconut milk. Additionally, the introduction of cutting-edge products & items offers market competitors lucrative opportunities, hence infusing the Coconut Milk Powder Market during the 2025–32.

Coconut Milk Powder Market Dynamics

Aspects Having a Positive Impact across the Coconut Milk Powder Market

The worldwide usage of coconut milk is driven by growing lactose intolerance among the population. Global acceptance of lactose-free milk has elevated as a result of the food & beverage sector's rising concern over lactose intolerance & the customers’ demand. People are turning to plant-based milk items owing to their lactose intolerance as well as their preference for veganism. The Coconut Milk Powder Market is also being fueled by producers' focus on lactose-free plant-based milk products, like the ones made from coconut milk or milk powder.
The Coconut Milk Powder Industry is compelled by the increasing popularity of veganism. Coconut milk powder is becoming more & more prevalent among customers seeking dairy-, lactose-, and gluten-free solutions. Its adaptability in baking, cooking, and beverage preparation, thus contributes to the market's growth.


Global Coconut Milk Powder Market Report and Forecast 2032

Restraints Creating a Challenge for the Coconut Milk Powder Industry Expansion

  • A decline in market share results from competition from other non-dairy milk substitutes. Following taste, nutrition, and sustainability considerations, customers are increasingly investigating a variety of plant-based solutions, like rice milk, soy, almonds, etc. Coconut milk powder is thus facing limited demand owing to the increasing popularity of these substitutes, which are commonly regarded as healthier or eco-friendly.
  • Limited consumer awareness & acceptance of coconut milk powder in non-traditional areas to hinder the market growth. The benefits & applications of coconut-based products are not well aware by several consumers in areas where they are not common or popular. Moreover, adoption is limited by dietary choices & behaviors related to traditional dairy products. Also, product innovation, educational initiatives, and focused marketing are vital to get over this hurdle & reach a broader market base.

Coconut Milk Powder Market Segment-wise Analysis

By Product:

  • Conventional
  • Organic

Conventional Powder has been considered the most demanded coconut milk powder and upholds the largest share of the Coconut Milk Powder Market.

Owing to its infused familiarity with both producers & consumers, it is now the standard choice for varied applications. Moreover, normal powder is frequently less costly than other varieties, including specialty or organic powders. Also, the decreased cost appeals to a broad spectrum of consumers & enables producers to keep their product prices competitive, eventually aiding in driving its market share.

By Packaging Type:

  • Pouches
  • Cartons
  • Bottles
  • Others

Pouches offer consumers & producers convenience usage as it is handy & easy to carry, therefore this packaging type is more in demand, hence instigating the market share.

Because pouches can be easily opened and closed, they prolong the shelf life of the product and keep it from spoiling. The product doesn't require extra packaging or utensils, so consumers can easily obtain and measure the amount they want. Additionally, transparent or translucent parts of pouches are frequently used to allow visibility into the contents inside. Because of this transparency, customers may visually evaluate the product's quality and quantity before making a purchase. The ability to view the goods boosts customer confidence and facilitates well-informed decision-making.

Regional Projection of the Global Coconut Milk Powder Industry

The Global Coconut Milk Powder Market is geographically diversified, covering:

  • North America
  • Europe
  • South America
  • The Middle East & Africa
  • Asia-Pacific

Asia-Pacific accounts for the potential share of the Global Coconut Milk Powder Market. A staple in varied traditional Asian cuisines, like Thai, Indian, Indonesian, Filipino, and Malaysian, coconut milk powder is considered to be the most demanding product. The prevalence of these Asian dishes & the close cultural ties to coconut milk powder’s high demand across the Asia-Pacific region. Additionally, the region is well-known for cultivating a lot of coconuts, especially in Indonesia, the Philippines, India, Thailand, and Vietnam. Furthermore, as coconuts are grown in these nations, there is a steady & dependable supply of raw materials for manufacturing.

What Does Our Coconut Milk Powder Market Research Study Entail?

  • The Coconut Milk Powder Market Research Report highlights the forecast growth rate or CAGR by anticipating the market size & share.
  • The market analysis puts light upon the primary industry trends, driving aspects, potential opportunities, growth challenges, and other major factors.
  • The Coconut Milk Powder Market Research Report entails details about the most critical shifts in market share in the prominent regions.
  • Considering the statistics & the developments by the primary market competitors, our report also strives to demonstrate the most sought-after strategies of the key players.

Table of Contents

  1. Introduction
    1. Objective of the study
    2. Product Definition
    3. Market Segmentation
    4. Study Variables
  2. Research Methodology
    1. Secondary Data Points
      1. Companies Interviewed
    2. Primary Data Points
      1. Break Down of Primary Interviews
  3. Executive Summary
  4. Market Dynamics
    1. Drivers
    2. Challenges
    3. Opportunity Assessment
  5. Recent Trends and Developments
  6. Policy and Regulatory Landscape
  7. Global Coconut Milk Powder Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Share, By Product
      1. Conventional
      2. Organic
    3. Market Share, By Packaging Type
      1. Pouches
      2. Cartons
      3. Bottles
      4. Others
    4. Market Share, By Type
      1. Sweetened
      2. Unsweetened
    5. Market Share, By Application
      1. Beverages
      2. Savories
      3. Bakery & Confectionery
      4. Dairy & Frozen Products
      5. Others
    6. Market Share, By Distribution Channel
      1. B2B
      2. B2C
    7. Market Share, By Region
      1. North America
      2. South America
      3. Europe
      4. The Middle East & Africa
      5. Asia-Pacific
    8. Market Share, By Company
      1. Revenue Shares
      2. Competition Characteristics
  8. North America Coconut Milk Powder Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Share, By Product
    3. Market Share, By Packaging Type
    4. Market Share, By Type
    5. Market Share, By Application
    6. Market Share, By Distribution Channel
    7. By Country
      1. The US
      2. Canada
      3. Mexico
    8. The US Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
    9. Canada Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
    10. Mexico Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
  9. South America Coconut Milk Powder Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Share, By Product
    3. Market Share, By Packaging Type
    4. Market Share, By Type
    5. Market Share, By Application
    6. Market Share, By Distribution Channel
    7. By Country
      1. Brazil
      2. Argentina
      3. Rest of South America
    8. Brazil Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
    9. Argentina Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
  10. Europe Coconut Milk Powder Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. By Product
    3. By Packaging Type
    4. By Type
    5. By Application
    6. By Distribution Channel
    7. By Country
      1. Germany
      2. The UK
      3. France
      4. Spain
      5. Italy
      6. Rest of Europe
    8. Germany Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
    9. France Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
    10. The UK Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
    11. Spain Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
    12. Italy Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
  11. The Middle East & Africa Coconut Milk Powder Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. By Product
    3. By Packaging Type
    4. By Type
    5. By Application
    6. By Distribution Channel
    7. By Country
      1. The UAE
      2. Saudi Arabia
      3. South Africa
      4. Rest of the Middle East & Africa
    8. The UAE Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
    9. Saudi Arabia Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
    10. South Africa Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
  12. Asia-Pacific Coconut Milk Powder Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. By Product
    3. By Packaging Type
    4. By Type
    5. By Application
    6. By Distribution Channel
    7. By Country
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Australia
      6. Rest of Asia-Pacific
    8. China Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
    9. India Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
    10. Japan Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
    11. South Korea Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
    12. Austraila Coconut Milk Powder Market Overview (2020-2032)
      1. Market Share, By Product
      2. Market Share, By Packaging Type
      3. Market Share, By Type
      4. Market Share, By Application
      5. Market Share, By Distribution Channel
  13. Competitive Outlook (Company Profile - Partila List)
    1. Anthony's Goods (ACH Food Companies Inc.)
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    2. BareOrganicsBramble Berry Inc.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    3. Dr. Ben Kim Natural Health Solutions
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    4. Enerhealth Botanicals LLC
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    5. Grace Foods Canada Inc.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    6. Healthworks
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    7. King Arthur Flour Company Inc.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    8. KOS Naturals
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    9. Nestlé S.A.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    10. Others
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
  14. Disclaimer

List of Figure

  1. Figure 1: Global Coconut Milk Powder Market Size, By Value (USD Billion), 2020–2032

  2. Figure 2: Market Share, By Product (Conventional vs Organic), Global, 2020–2032

  3. Figure 3: Market Share, By Packaging Type (Pouches, Cartons, Bottles, Others), Global, 2020–2032

  4. Figure 4: Market Share, By Type (Sweetened vs Unsweetened), Global, 2020–2032

  5. Figure 5: Market Share, By Application (Beverages, Savories, Bakery & Confectionery, Dairy & Frozen Products, Others), Global, 2020–2032

  6. Figure 6: Market Share, By Distribution Channel (B2B vs B2C), Global, 2020–2032

  7. Figure 7: Market Share, By Region (North America, South America, Europe, MEA, Asia-Pacific), 2020–2032

  8. Figure 8: Market Share, By Company – Revenue Share of Key Players, 2020–2032

  9. Figure 9: North America Coconut Milk Powder Market Size, By Value (USD Billion), 2020–2032

  10. Figure 10: Market Share, By Product – North America, 2020–2032

  11. Figure 11: Market Share, By Packaging Type – North America, 2020–2032

  12. Figure 12: Market Share, By Type – North America, 2020–2032

  13. Figure 13: Market Share, By Application – North America, 2020–2032

  14. Figure 14: Market Share, By Distribution Channel – North America, 2020–2032

  15. Figure 15: Country-Level Market Size (US, Canada, Mexico), 2020–2032

  16. Figure 16: South America Coconut Milk Powder Market Size, By Value (USD Billion), 2020–2032

  17. Figure 17: Market Share, By Application – Brazil, Argentina, Rest of South America

  18. Figure 18: Europe Coconut Milk Powder Market Size, By Value (USD Billion), 2020–2032

  19. Figure 19: Country-Level Market Size (Germany, UK, France, Spain, Italy), 2020–2032

  20. Figure 20: Middle East & Africa Coconut Milk Powder Market Size, By Value (USD Billion), 2020–2032

  21. Figure 21: Country-Level Market Share – UAE, Saudi Arabia, South Africa

  22. Figure 22: Asia-Pacific Coconut Milk Powder Market Size, By Value (USD Billion), 2020–2032

  23. Figure 23: Country-Level Market Share – China, India, Japan, South Korea, Australia

  24. Figure 24: Competitive Landscape – Market Positioning of Key Companies

  25. Figure 25: Strategic Alliances & Recent Developments – Key Players

  26. Figure 26: Primary Respondent Breakdown – By Designation & Region

  27. Figure 27: Market Dynamics – Drivers, Challenges, and Opportunities (Infographic or Chart)

  28. Figure 28: Recent Trends and Technological Advancements in Coconut Milk Powder Industry

List of Table

  1. Global Coconut Milk Powder Market Size, By Value (USD Billion), 2020–2032

  2. Global Coconut Milk Powder Market Share, By Product, 2020–2032

  3. Global Coconut Milk Powder Market Share, By Packaging Type, 2020–2032

  4. Global Coconut Milk Powder Market Share, By Type, 2020–2032

  5. Global Coconut Milk Powder Market Share, By Application, 2020–2032

  6. Global Coconut Milk Powder Market Share, By Distribution Channel, 2020–2032

  7. Global Coconut Milk Powder Market Share, By Region, 2020–2032

  8. Global Coconut Milk Powder Market Share, By Company (Revenue), 2020–2032

Regional Tables

North America
  1. North America Market Size, By Value (USD Billion), 2020–2032

  2. North America Market Share, By Product, 2020–2032

  3. North America Market Share, By Packaging Type, 2020–2032

  4. North America Market Share, By Type, 2020–2032

  5. North America Market Share, By Application, 2020–2032

  6. North America Market Share, By Distribution Channel, 2020–2032

By Country
  1. U.S. Market Share Tables (Product, Packaging Type, Type, Application, Distribution Channel)

  2. Canada Market Share Tables (Product, Packaging Type, Type, Application, Distribution Channel)

  3. Mexico Market Share Tables (Product, Packaging Type, Type, Application, Distribution Channel)

South America
  1. South America Market Size, By Value (USD Billion), 2020–2032

  2. South America Market Share Tables (Product, Packaging Type, Type, Application, Distribution Channel)

  3. Brazil Market Share Tables

  4. Argentina Market Share Tables

Europe
  1. Europe Market Size, By Value (USD Billion), 2020–2032

  2. Europe Market Share Tables (Product, Packaging Type, Type, Application, Distribution Channel)

  3. Country-wise Tables: Germany, UK, France, Spain, Italy, Rest of Europe

Middle East & Africa
  1. MEA Market Size, By Value (USD Billion), 2020–2032

  2. MEA Market Share Tables (Product, Packaging Type, Type, Application, Distribution Channel)

  3. Country-wise Tables: UAE, Saudi Arabia, South Africa, Rest of MEA

Asia-Pacific
  1. Asia-Pacific Market Size, By Value (USD Billion), 2020–2032

  2. Asia-Pacific Market Share Tables (Product, Packaging Type, Type, Application, Distribution Channel)

  3. Country-wise Tables: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific

Competitive Landscape

  1. Company Revenue Shares of Key Players (Global), 2020–2032

  2. Strategic Alliances, Mergers, and Recent Developments (Tabular Summary)

Top Key Players & Market Share Outlook

  • Anthony's Goods (ACH Food Companies Inc.)
  • BareOrganicsBramble Berry Inc.
  • Dr. Ben Kim Natural Health Solutions
  • Enerhealth Botanicals LLC
  • Grace Foods Canada Inc.
  • Healthworks
  • King Arthur Flour Company Inc.
  • KOS Naturals
  • Nestlé S.A.
  • Others 

Frequently Asked Questions

   A. The Coconut Milk Powder Market is anticipated to witness a rise at a CAGR of around 6.89% during the forecast period, i.e., 2025-32.

   A. The growing lactose intolerance among the population & increasing popularity of veganism to drive the Coconut Milk Powder Market through 2032.

   A. A decline in market share due to competition from other non-dairy milk substitutes and limited consumer awareness & acceptance of coconut milk powder in non-traditional areas to hinder the Coconut Milk Powder Market.

   A. The leading companies in the Coconut Milk Powder Market are Anthony's Goods (ACH Food Companies Inc.), BareOrganics, Bramble Berry Inc., Dr. Ben Kim Natural Health Solutions, Enerhealth Botanicals LLC, Grace Foods Canada Inc., Healthworks, King Arthur Flour Company Inc., KOS Naturals, Nestlé S.A., and Others.