Product Code: GVR-4-68040-447-9
Desiccated Coconut Market Growth & Trends:
The global desiccated coconut market size is expected to reach USD 12.50 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 3.6% from 2024 to 2030. Consumers are increasingly seeking natural and unprocessed food ingredients, driving up demand for desiccated coconut, especially in health-conscious markets. Its role as a natural component in various food products aligns with the growing preference for clean-label and organic items.
The global food and beverage industry's expansion, particularly in the bakery, confectionery, and dairy sectors, is boosting the demand for desiccated coconut. Valued for its texture, flavor, and nutritional benefits, it has become a popular ingredient in these categories.
The rise of plant-based and vegan diets is further fueling the market's growth. As a natural, plant-based ingredient, desiccated coconut is widely used in vegan and vegetarian recipes, from snacks to desserts. In addition, due to its natural oils and exfoliating properties, desiccated coconut is finding increasing use in the cosmetics and personal care industry, opening new applications beyond the food sector.
The health benefits of desiccated coconut-rich in dietary fiber, healthy fats, and essential nutrients-are significant drivers of its demand. Marketed as a superfood, it appeals to health-conscious consumers. The rising consumption of packaged and processed foods, particularly in emerging markets, is also driving demand, with desiccated coconut featured in ready-to-eat snacks, baked goods, and confectionery products.
Globalization has enhanced the export of desiccated coconut to markets worldwide, with major producing countries like the Philippines, Indonesia, India, and Sri Lanka capitalizing on growing international demand. Manufacturers are innovating by introducing new forms of desiccated coconut, such as flavored or roasted variants, to meet diverse consumer preferences. This innovation is broadening the market's appeal and attracting a wider range of consumers.
Desiccated Coconut Market Report Highlights:
- The conventional desiccated coconut segment will possess a share of 80.81% in 2023. Conventional desiccated coconut is typically more cost-effective than its organic counterpart, making it more accessible to a wider range of consumers and businesses, especially in price-sensitive markets.
- The desiccated coconut in health and food supplements is expected to witness a CAGR of 4.4% from 2024 to 2030. As consumers increasingly prioritize health and wellness, they are seeking foods and supplements that provide nutritional benefits. Desiccated coconut, with its high content of healthy fats, dietary fiber, vitamins, and minerals, is becoming a popular ingredient in health-focused products.
- The sale of desiccated coconut through online distribution channel is expected to witness a CAGR of 4.1% from 2024 to 2030. Online shopping provides the convenience of browsing and purchasing products from home. Consumers can effortlessly order desiccated coconut online and have it delivered directly to their doorstep, saving time and effort compared to visiting physical stores.
- North America held a market share of 46.17% in 2023. North American consumers are increasingly looking for clean-label products that are free from artificial additives, preservatives, and GMOs. Desiccated coconut, as a natural and minimally processed product, fits these preferences well, resulting in higher demand.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Natures & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Nature Outlook
- 2.3. Application Outlook
- 2.4. Distribution Channel Outlook
- 2.5. Regional Outlook
- 2.6. Competitive Insights
Chapter 3. Desiccated Coconut Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales/Retail Channel Analysis
- 3.2.2. Profit Margin Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis - Porter's
- 3.5. Market Entry Strategies
Chapter 4. Desiccated Coconut Market: Nature Analysis & Estimates
- 4.1. Nature Analysis & Market Share, 2023 & 2030
- 4.2. Conventional
- 4.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.3. Organic
- 4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 5. Desiccated Coconut Market: Application Analysis & Estimates
- 5.1. Application Analysis & Market Share, 2023 & 2030
- 5.2. Bakery & Confectionery
- 5.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3. Dairy
- 5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.4. Health and food supplements
- 5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.5. Culinary
- 5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.6. Others
- 5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Desiccated Coconut Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Online
- 6.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.2. Supermarkets & Hypermarkets
- 6.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3. Convenience Stores
- 6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4. Others
- 6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. Desiccated Coconut Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 7.2. North America
- 7.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. Key country dynamics
- 7.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Key country dynamics
- 7.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Key country dynamics
- 7.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. Key country dynamics
- 7.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Key country dynamics
- 7.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. Key country dynamics
- 7.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.5. Spain
- 7.3.5.1. Key country dynamics
- 7.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.6. Italy
- 7.3.6.1. Key country dynamics
- 7.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. Key country dynamics
- 7.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Key country dynamics
- 7.4.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. Key country dynamics
- 7.4.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.5. Australia & New Zealand
- 7.4.5.1. Key country dynamics
- 7.4.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.6. South Korea
- 7.4.6.1. Key country dynamics
- 7.4.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Key country dynamics
- 7.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.3. Argentina
- 7.5.3.1. Key country dynamics
- 7.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.6.2. South Africa
- 7.6.2.1. Key country dynamics
- 7.6.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. Competitive Analysis
- 8.1. Recent developments & impact analysis, by key market participants
- 8.2. Company Categorization
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Nature Benchmarking
- 8.6. Company Market Share Analysis, 2023 (%)
- 8.7. Company Heat Map Analysis
- 8.8. Strategy Mapping
- 8.9. Company Profiles
- 8.9.1. Celebes Coconut Corporation
- 8.9.1.1. Company Overview
- 8.9.1.2. Financial Performance
- 8.9.1.3. Nature Benchmarking
- 8.9.1.4. Strategic Initiatives
- 8.9.2. Ken Taste Products Limited
- 8.9.2.1. Company Overview
- 8.9.2.2. Financial Performance
- 8.9.2.3. Nature Benchmarking
- 8.9.2.4. Strategic Initiatives
- 8.9.3. VV Industries
- 8.9.3.1. Company Overview
- 8.9.3.2. Financial Performance
- 8.9.3.3. Nature Benchmarking
- 8.9.3.4. Strategic Initiatives
- 8.9.4. Coloma Bio Organic
- 8.9.4.1. Company Overview
- 8.9.4.2. Financial Performance
- 8.9.4.3. Nature Benchmarking
- 8.9.4.4. Strategic Initiatives
- 8.9.5. Bake King
- 8.9.5.1. Company Overview
- 8.9.5.2. Financial Performance
- 8.9.5.3. Nature Benchmarking
- 8.9.5.4. Strategic Initiatives
- 8.9.6. Goldman International Pvt. Ltd.
- 8.9.6.1. Company Overview
- 8.9.6.2. Financial Performance
- 8.9.6.3. Nature Benchmarking
- 8.9.6.4. Strategic Initiatives
- 8.9.7. Super Coco Company
- 8.9.7.1. Company Overview
- 8.9.7.2. Financial Performance
- 8.9.7.3. Nature Benchmarking
- 8.9.7.4. Strategic Initiatives
- 8.9.8. Holland & Barrett
- 8.9.8.1. Company Overview
- 8.9.8.2. Financial Performance
- 8.9.8.3. Nature Benchmarking
- 8.9.8.4. Strategic Initiatives
- 8.9.9. Primex Coco Products Inc.
- 8.9.9.1. Company Overview
- 8.9.9.2. Financial Performance
- 8.9.9.3. Nature Benchmarking
- 8.9.9.4. Strategic Initiatives
- 8.9.10. CBL Natural Foods
- 8.9.10.1. Company Overview
- 8.9.10.2. Financial Performance
- 8.9.10.3. Nature Benchmarking
- 8.9.10.4. Strategic Initiatives