From GlobeNewswire: 2024-11-12 07:21:00

The coconut milk powder market is set to reach a valuation of USD 4.7 billion by 2032, driven by increasing demand for dairy alternatives due to health and sustainability trends. With a 7.2% CAGR, the conventional segment dominates the industry, especially in food and beverages, where it adds flavor and texture to various products. Asia Pacific leads the market with a USD 2 billion valuation and a 7.7% CAGR, fueled by the region’s rich culinary heritage and the rising popularity of plant-based diets globally. The market is segmented based on form, nature, application, distribution channel, and region, offering a variety of options for consumers and manufacturers.



Read more at GlobeNewswire: Coconut Milk Powder Market to cross $4.7 Bn by 2032, Says