Asia-Pacific Coconut Milk Market Research Report—Forecast till 2026

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Market Overview Asia-Pacific Coconut Milk Market is estimated to register a substantial CAGR of 12.50% and reach USD 781.3 Million during the review period. Coconut is a profoundly esteemed fixing in a wide scope of cooking styles and is known for its prodigious health advantages, expanding the utilization of coconut milk. It is a wellspring of soaked fats, which are useful for wellbeing. It likewise helps in bringing down cholesterol levels, improving pulse, and forestalling respiratory failures and strokes. Nonetheless, because of the high lipid and immersed fat substance of coconut milk, it is debilitated in the eating regimen of patients experiencing cardiovascular diseases and hypertension. Coconut milk is for the most part used to give flavor and surface to Asian food. The Asia-Pacific coconut milk market has registered an incredible market expansion over the last few years and is expected to exhibit a 12.50% CAGR during the review period. The market growth is attributed to the increasing lactose intolerance among the population in Asia-Pacific and the various health benefits of consuming coconut milk. However, the accelerating prices of coconut and the availability of several substitute products are expected to restrain the growth of the Asia-Pacific coconut milk market during the study. moreover, the increasing adoption of veganism and untapped markets of Asia-Pacific are evaluated to create attractive opportunities for players operating in the region during the projected timeframe. Market Segmentation Asia-Pacific Coconut Milk Market has been Segmented Based on Category, Form, Type and Distribution Channel. Based on category type the market has been segmented into Conventional and Organic type. The conventional segment valued for the largest market share of 84.13% in 2019. The form segment bifurcates the Coconut Milk market of Asia-Pacific into Liquid and Powder. In terms of packaging type, the market has been classified into Bottles, Cans, and Pouches. Based on distribution channel the market is divided into Store-Based and Non-Store Based segments. Regional Analysis The region-specific analysis of the Asia-Pacific Coconut Milk Market has been studied across China, India, Japan, Australia & New Zealand, and the Rest of Asia-Pacific. The Rest of Asia-Pacific is expected to contribute the largest share of the regional market during the study time owing to the major share of 32.74% share of the market in 2019. Coconut milk is consumed at significant rate in ASEAN countries including Malaysia, Indonesia, Thailand, and the Philippines. Furthermore, China is expected to register a healthy CAGR of 12.54% during the forecast period owing to the highest market share in 2019. Additionally, Australia & New Zealand is set to register the highest CAGR during the forecast period owing to the increasing lactose intolerance among the consumers and rising consumer inclination towards a vegan diet in the region. Major Players The Prominent Players in the Asia-Pacific Coconut Milk Market include McCormick & Company (US), Goya Foods, Inc. (US), Dabur India Ltd (India), Thai Agri Foods Public Co., Ltd (Thailand), Danone S.A. (France), Theppadungporn Coconut Co., Ltd (Thailand), ThaiCoconut Public Company Limited (Thailand), Edward & Sons Trading Co (US), Vita Coco (US), and Celebes Coconut Corporation (Philippines). COVID 19 Impacts We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENT 1 EXECUTIVE SUMMARY 1.1 MARKET ATTRACTIVENESS ANALYSIS 14 1.1.1 ASIA-PACIFIC COCONUT MILK MARKET, BY CATEGORY 15 1.1.2 ASIA-PACIFIC COCONUT MILK MARKET, BY FORM 16 1.1.3 ASIA-PACIFIC COCONUT MILK MARKET, BY PACKAGING TYPE 17 1.1.4 ASIA-PACIFIC COCONUT MILK MARKET, BY DISTRIBUTION CHANNEL 18 2 MARKET INTRODUCTION 2.1 DEFINITION 19 2.2 SCOPE OF THE STUDY 19 2.3 RESEARCH OBJECTIVE 19 2.4 MARKET STRUCTURE 20 2.5 KEY BUYING CRITERIA 20 3 RESEARCH METHODOLOGY 3.1 RESEARCH PROCESS 21 3.2 PRIMARY RESEARCH 22 3.3 SECONDARY RESEARCH 23 3.4 MARKET SIZE ESTIMATION 24 3.5 FORECAST MODEL 25 3.6 LIST OF ASSUMPTIONS 26 4 MARKET DYNAMICS 4.1 OVERVIEW 27 4.2 DRIVERS 28 4.2.1 INCREASING PREVALENCE OF LACTOSE INTOLERANCE 28 4.2.2 GROWING AWARENESS OF HEALTH BENEFITS OF COCONUT MILK 28 4.3 RESTRAINT 29 4.3.1 FLUCTUATING PRICES OF COCONUT 29 4.4 OPPORTUNITIES 30 4.4.1 GROWING ADOPTION OF VEGANISM 30 4.4.2 UNTAPPED MARKETS IN ASIA-PACIFIC 30 4.5 CHALLENGE 30 4.5.1 AVAILABILITY OF SUBSTITUTES 30 5 MARKET FACTOR ANALYSIS 5.1 VALUE CHAIN ANALYSIS 31 5.1.1 RAW MATERIAL PROCUREMENT 32 5.1.2 PROCESSING 32 5.1.3 PACKAGING 32 5.1.4 DISTRIBUTION AND SALES 32 5.2 SUPPLY CHAIN ANALYSIS 33 5.3 PORTER’S FIVE FORCES MODEL 34 5.3.1 THREAT OF NEW ENTRANTS 35 5.3.2 BARGAINING POWER OF SUPPLIERS 35 5.3.3 THREAT OF SUBSTITUTES 35 5.3.4 BARGAINING POWER OF BUYERS 35 5.3.5 INTENSITY OF RIVALRY 36 6 IMPACT OF THE COVID-19 OUTBREAK ON THE ASIA-PACIFIC COCONUT MILK MARKET 7 ASIA-PACIFIC COCONUT MILK MARKET, BY CATEGORY 7.1 OVERVIEW 38 7.1.1 ASIA-PACIFIC COCONUT MILK MARKET ESTIMATES & FORECAST, BY CATEGORY, 2018–2026 39 7.2 CONVENTIONAL 39 7.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 39 7.3 ORGANIC 40 7.3.1 ORGANIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 40 8 ASIA-PACIFIC COCONUT MILK MARKET, BY FORM 8.1 OVERVIEW 41 8.1.1 ASIA-PACIFIC COCONUT MILK MARKET ESTIMATES & FORECAST, BY FORM, 2018–2026 42 8.2 LIQUID 42 8.2.1 LIQUID: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 42 8.3 POWDER 43 8.3.1 POWDER: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 43 9 ASIA-PACIFIC COCONUT MILK MARKET, BY PACKAGING TYPE 9.1 OVERVIEW 44 9.1.1 ASIA-PACIFIC COCONUT MILK MARKET ESTIMATES & FORECAST, BY PACKAGING TYPE, 2018–2026 45 9.2 BOTTLES 45 9.2.1 BOTTLES: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 45 9.3 CANS 46 9.3.1 CANS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 46 9.4 POUCHES 46 9.4.1 POUCHES: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 46 10 ASIA-PACIFIC COCONUT MILK MARKET, BY DISTRIBUTION CHANNEL 10.1 OVERVIEW 48 10.1.1 ASIA-PACIFIC COCONUT MILK MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018–2026 49 10.2 STORE-BASED 49 10.2.1 STORE-BASED: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 49 10.3 NON-STORE-BASED 50 10.3.1 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 50 11 ASIA-PACIFIC COCONUT MILK MARKET, BY COUNTRY 11.1 OVERVIEW 51 11.2 CHINA 52 11.3 INDIA 54 11.4 JAPAN 55 11.5 AUSTRALIA & NEW ZEALAND 57 11.6 REST OF ASIA-PACIFIC 58 12 COMPETITIVE LANDSCAPE 12.1 INTRODUCTION 60 12.2 COMPETITIVE BENCHMARKING 61 12.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 61 12.3.1 PRODUCT LAUNCH 61 13 COMPANY PROFILES 13.1 MCCORMICK & COMPANY, INC 62 13.1.1 COMPANY OVERVIEW 62 13.1.2 FINANCIAL OVERVIEW 63 13.1.3 PRODUCTS OFFERED 63 13.1.4 KEY DEVELOPMENTS 63 13.1.5 SWOT ANALYSIS 64 13.1.6 KEY STRATEGIES 64 13.2 OYA FOODS, INC. 65 13.2.1 COMPANY OVERVIEW 65 13.2.2 FINANCIAL OVERVIEW 65 13.2.3 PRODUCTS OFFERED 65 13.2.4 KEY DEVELOPMENTS 65 13.2.5 SWOT ANALYSIS 66 13.2.6 KEY STRATEGIES 66 13.3 DABUR INDIA LTD 67 13.3.1 COMPANY OVERVIEW 67 13.3.2 FINANCIAL OVERVIEW 67 13.3.3 PRODUCTS OFFERED 68 13.3.4 KEY DEVELOPMENTS 68 13.3.5 SWOT ANALYSIS 68 13.3.6 KEY STRATEGIES 68 13.4 THAI AGRI FOODS PUBLIC CO., LTD 69 13.4.1 COMPANY OVERVIEW 69 13.4.2 FINANCIAL OVERVIEW 69 13.4.3 PRODUCTS OFFERED 69 13.4.4 KEY DEVELOPMENTS 69 13.4.5 SWOT ANALYSIS 70 13.4.6 KEY STRATEGIES 70 13.5 DANONE S.A. 71 13.5.1 COMPANY OVERVIEW 71 13.5.2 FINANCIAL OVERVIEW 71 13.5.3 PRODUCTS OFFERED 72 13.5.4 KEY DEVELOPMENTS 72 13.5.5 SWOT ANALYSIS 72 13.5.6 KEY STRATEGIES 73 13.6 THEPPADUNGPORN COCONUT CO., LTD. 74 13.6.1 COMPANY OVERVIEW 74 13.6.2 FINANCIAL OVERVIEW 74 13.6.3 PRODUCTS OFFERED 74 13.6.4 KEY DEVELOPMENTS 74 13.6.5 SWOT ANALYSIS 75 13.6.6 KEY STRATEGIES 75 13.7 THAICOCONUT PUBLIC COMPANY (LIMITED) 76 13.7.1 COMPANY OVERVIEW 76 13.7.2 FINANCIAL OVERVIEW 76 13.7.3 PRODUCTS OFFERED 76 13.7.4 KEY DEVELOPMENTS 76 13.7.5 SWOT ANALYSIS 77 13.7.6 KEY STRATEGIES 77 13.8 EDWARD & SONS TRADING CO 78 13.8.1 COMPANY OVERVIEW 78 13.8.2 FINANCIAL OVERVIEW 78 13.8.3 PRODUCTS OFFERED 78 13.8.4 KEY DEVELOPMENTS 78 13.8.5 KEY STRATEGIES 78 13.9 VITA COCO 79 13.9.1 COMPANY OVERVIEW 79 13.9.2 FINANCIAL OVERVIEW 79 13.9.3 PRODUCTS OFFERED 79 13.9.4 KEY DEVELOPMENTS 79 13.9.5 SWOT ANALYSIS 80 13.9.6 KEY STRATEGIES 80 13.10 CELEBES COCONUT CORPORATION 81 13.10.1 COMPANY OVERVIEW 81 13.10.2 FINANCIAL OVERVIEW 81 13.10.3 PRODUCTS OFFERED 81 13.10.4 KEY DEVELOPMENTS 81 13.10.5 SWOT ANALYSIS 82 13.10.6 KEY STRATEGIES 82 14 REFERENCES

LIST OF TABLES TABLE 1 PRIMARY INTERVIEWS 22 TABLE 2 LIST OF ASSUMPTIONS 26 TABLE 3 ASIA-PACIFIC COCONUT MILK MARKET ESTIMATES & FORECAST, BY CATEGORY, 2018–2026 (USD MILLION) 39 TABLE 4 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 (USD MILLION) 39 TABLE 5 ORGANIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 (USD MILLION) 40 TABLE 6 ASIA-PACIFIC COCONUT MILK MARKET ESTIMATES & FORECAST, BY FORM, 2018–2026 (USD MILLION) 42 TABLE 7 LIQUID: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 (USD MILLION) 42 TABLE 8 POWDER: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 (USD MILLION) 43 TABLE 9 ASIA-PACIFIC COCONUT MILK MARKET ESTIMATES & FORECAST, BY PACKAGING TYPE, 2018–2026 (USD MILLION) 45 TABLE 10 BOTTLES: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 (USD MILLION) 45 TABLE 11 CANS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 (USD MILLION) 46 TABLE 12 POUCHES: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 (USD MILLION) 46 TABLE 13 ASIA-PACIFIC COCONUT MILK MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018–2026 (USD MILLION) 49 TABLE 14 STORE-BASED: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 (USD MILLION) 49 TABLE 15 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 (USD MILLION) 50 TABLE 16 ASIA-PACIFIC COCONUT MILK MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 (USD MILLION) 52 TABLE 17 CHINA: COCONUT MILK MARKET, BY CATEGORY, 2018–2026 (USD MILLION) 52 TABLE 18 CHINA: COCONUT MILK MARKET, BY FORM, 2018–2026 (USD MILLION) 52 TABLE 19 CHINA: COCONUT MILK MARKET, BY PACKAGING TYPE, 2018–2026 (USD MILLION) 53 TABLE 20 CHINA: COCONUT MILK MARKET, BY DISTRIBUTION CHANNEL, 2018–2026 (USD MILLION) 53 TABLE 21 INDIA: COCONUT MILK MARKET, BY CATEGORY, 2018–2026 (USD MILLION) 54 TABLE 22 INDIA: COCONUT MILK MARKET, BY FORM, 2018–2026 (USD MILLION) 54 TABLE 23 INDIA: COCONUT MILK MARKET, BY PACKAGING TYPE, 2018–2026 (USD MILLION) 54 TABLE 24 INDIA: COCONUT MILK MARKET, BY DISTRIBUTION CHANNEL, 2018–2026 (USD MILLION) 55 TABLE 25 JAPAN: COCONUT MILK MARKET, BY CATEGORY, 2018–2026 (USD MILLION) 55 TABLE 26 JAPAN: COCONUT MILK MARKET, BY FORM, 2018–2026 (USD MILLION) 55 TABLE 27 JAPAN: COCONUT MILK MARKET, BY PACKAGING TYPE, 2018–2026 (USD MILLION) 56 TABLE 28 JAPAN: COCONUT MILK MARKET, BY DISTRIBUTION CHANNEL, 2018–2026 (USD MILLION) 56 TABLE 29 AUSTRALIA & NEW ZEALAND: COCONUT MILK MARKET, BY CATEGORY, 2018–2026 (USD MILLION) 57 TABLE 30 AUSTRALIA & NEW ZEALAND: COCONUT MILK MARKET, BY FORM, 2018–2026 (USD MILLION) 57 TABLE 31 AUSTRALIA & NEW ZEALAND: COCONUT MILK MARKET, BY PACKAGING TYPE, 2018–2026 (USD MILLION) 57 TABLE 32 AUSTRALIA & NEW ZEALAND: COCONUT MILK MARKET, BY DISTRIBUTION CHANNEL, 2018–2026 (USD MILLION) 58 TABLE 33 REST OF ASIA-PACIFIC: COCONUT MILK MARKET, BY CATEGORY, 2018–2026 (USD MILLION) 58 TABLE 34 REST OF ASIA-PACIFIC: COCONUT MILK MARKET, BY FORM, 2018–2026 (USD MILLION) 58 TABLE 35 REST OF ASIA-PACIFIC: COCONUT MILK MARKET, BY PACKAGING TYPE, 2018–2026 (USD MILLION) 59 TABLE 36 REST OF ASIA-PACIFIC: COCONUT MILK MARKET, BY DISTRIBUTION CHANNEL, 2018–2026 (USD MILLION) 59 TABLE 37 PRODUCT LAUNCH 61 TABLE 38 MCCORMICK & COMPANY, INC: PRODUCTS OFFERED 63 TABLE 39 GOYA FOODS, INC.: PRODUCTS OFFERED 65 TABLE 40 DABUR INDIA LTD: PRODUCT S OFFERED 68 TABLE 41 THAI AGRI FOODS PUBLIC CO., LTD: PRODUCTS OFFERED 69 TABLE 42 DANONE S.A.: PRODUCTS OFFERED 72 TABLE 43 THEPPADUNGPORN COCONUT CO., LTD.: PRODUCTS OFFERED 74 TABLE 44 THAICOCONUT PUBLIC COMPANY (LIMITED): PRODUCTS OFFERED 76 TABLE 45 EDWARD & SONS TRADING CO: PRODUCTS OFFERED 78 TABLE 46 VITA COCO: PRODUCTS OFFERED 79 TABLE 47 VITA COCO: KEY DEVELOPMENTS 79 TABLE 48 CELEBES COCONUT CORPORATION: PRODUCTS OFFERED 81

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