Coconut Products Market Outlook On The Basis Of Product (Coconut Oil, Coconut Milk/Cream, Coconut Water), By Application (Cosmetics, F&B), By Region, And Segment Forecasts, 2023 - 2030
San Francisco, 18 June 2024: The Report Coconut Products Market Size, Share & Trends Analysis Report By Product (Coconut Oil, Coconut Milk/Cream, Coconut Water), By Application (Cosmetics, F&B), By Region, And Segment Forecasts, 2023 - 2030 The global coconut products market size is expected to reach USD 38.58 billion by 2030, expanding at 8.4% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc.Coconut milk products are growing in popularity across the globe as a result of growing consumer concern over animal health and the rise in the number of people who cannot tolerate lactose. Increased awareness, the impact of the pandemic, expanding product portfolios, and increased research & development are factors propelling the global coconut products industry. Moreover, coconut oil is increasingly being used by cosmetic industries to create soaps & oils for hair and skin care. Due to its moisturizing properties, coconut oil-based p...