North America Coconut Milk Powder Market Size, Share & Trends Analysis Report By Product (Conventional, and Organic), By Application (Food, and Beverages), By Distribution Channel, By Country and Growth Forecast, 2024

Description

List of Tables

The North America Coconut Milk Powder Market would witness market growth of 9.0% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 389.6 Tonnes, showcasing a growth of 12.0% (2020-2023).

Conventional coconut milk powder is made from mature coconuts and processed using traditional methods without organic certification. This product is widely used in various culinary applications, including cooking, baking, and beverage formulation. The processing typically involves extracting the coconut milk and then spray-drying it into a fine powder, which retains the flavor and nutritional benefits of fresh coconut. Thus, the US market consumed a volume of 311.21 Tonnes in 2023.

The US market dominated the North America Coconut Milk Powder Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $26,128.4 Thousands by 2031. The Canada market is experiencing a CAGR of 11.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10.3% during (2024 - 2031).

This has extensive applications across various sectors, including food and beverage, cosmetics, and pharmaceuticals. In the food and beverage sector, this powder is a versatile ingredient in numerous culinary applications. It's creamy texture and unique flavour enhance both sweet and savoury dishes. This powder is increasingly used in fusion cuisine, where chefs blend traditional dishes from various cultures. This allows for creating innovative recipes that cater to diverse taste preferences, enriching dishes with coconut's creamy texture and distinct flavour.

With the rise of gluten-free, dairy-free, and paleo diets, this powder is an ideal ingredient in specialized products. Its ability to replace dairy and grains makes it suitable for formulating a wide range of diet-specific snacks, breakfast cereals, and ready-to-eat meals. Beyond its use in smoothies and coffee creamers, this powder is increasingly infused into alcoholic beverages like cocktails and specialty drinks. It adds a tropical flavour and creamy mouthfeel, enhancing the drinking experience.

The rise of the e-commerce sector in Canada is significantly influencing the growth of this market. With e-commerce representing 3.9% of total Canadian retail sales in 2021 and increasing to 6.2% in 2022, the online marketplace is rapidly becoming a vital channel for food and beverage products, including this powder. By 2025, e-commerce in Canada is projected to generate sales of USD 40.3 billion, indicating a robust trend toward online shopping that food manufacturers and distributors cannot afford to overlook. The food processing industry in Mexico has emerged as a dynamic sector, achieving an average yearly growth rate of 4.3%. This industry is essential for economic development and is critical in influencing consumer preferences and dietary trends, as evidenced by its $39.4 billion contribution to the economy in 2020. Within this context, this market is positioned to benefit significantly from the growth of the food industry in Mexico. In summary, this market is significantly stimulated by the expanding e-commerce sector in Canada and the robust development of the food processing industry in Mexico.

Based on Product, the market is segmented into Conventional, and Organic. Based on Application, the market is segmented into Food, and Beverages. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Nestle S.A.
Associated British Foods PLC (Wittington Investments Limited)
Danone S.A.
McCormick & Company, Inc.
GraceKennedy Limited
Bramble Berry, Inc.
BareOrganics
King Arthur Flour Company, Inc.
Healthworks
Cocomi Bio Organic

North America Coconut Milk Powder Market Report Segmentation

By Product (Volume, Tonnes, USD Million, 2020-2031)

Conventional
Organic

By Application (Volume, Tonnes, USD Million, 2020-2031)

Food
Beverages

By Distribution Channel (Volume, Tonnes, USD Million, 2020-2031)

Offline
Online

By Country (Volume, Tonnes, USD Million, 2020-2031)

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Coconut Milk Powder Market, by Product
- 1.4.2 North America Coconut Milk Powder Market, by Application
- 1.4.3 North America Coconut Milk Powder Market, by Distribution Channel
- 1.4.4 North America Coconut Milk Powder Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Coconut Milk Powder Market by Product

4.1 North America Conventional Market by Region
4.2 North America Organic Market by Region

Chapter 5. North America Coconut Milk Powder Market by Application

5.1 North America Food Market by Country
5.2 North America Beverages Market by Country

Chapter 6. North America Coconut Milk Powder Market by Distribution Channel

6.1 North America Offline Market by Country
6.2 North America Online Market by Country

Chapter 7. North America Coconut Milk Powder Market by Country

7.1 US Coconut Milk Powder Market
- 7.1.1 US Coconut Milk Powder Market by Product
- 7.1.2 US Coconut Milk Powder Market by Application
- 7.1.3 US Coconut Milk Powder Market by Distribution Channel
7.2 Canada Coconut Milk Powder Market
- 7.2.1 Canada Coconut Milk Powder Market by Product
- 7.2.2 Canada Coconut Milk Powder Market by Application
- 7.2.3 Canada Coconut Milk Powder Market by Distribution Channel
7.3 Mexico Coconut Milk Powder Market
- 7.3.1 Mexico Coconut Milk Powder Market by Product
- 7.3.2 Mexico Coconut Milk Powder Market by Application
- 7.3.3 Mexico Coconut Milk Powder Market by Distribution Channel
7.4 Rest of North America Coconut Milk Powder Market
- 7.4.1 Rest of North America Coconut Milk Powder Market by Product
- 7.4.2 Rest of North America Coconut Milk Powder Market by Application
- 7.4.3 Rest of North America Coconut Milk Powder Market by Distribution Channel

Chapter 8. Company Profiles

8.1 Nestle S.A.
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 SWOT Analysis
8.2 Associated British Foods PLC (Wittington Investments Limited)
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expense
- 8.2.5 SWOT Analysis
8.3 Danone S.A.
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 SWOT Analysis
8.4 McCormick & Company, Inc.
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expense
- 8.4.5 SWOT Analysis
8.5 GraceKennedy Limited
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Regional Analysis
8.6 Bramble Berry, Inc.
- 8.6.1 Company Overview
8.7 BareOrganics
- 8.7.1 Company Overview
8.8 King Arthur Flour Company, Inc.
- 8.8.1 Company Overview
8.9 Healthworks
- 8.9.1 Company Overview
8.10. Cocomi Bio Organic
- 8.10.1 Company overview

LIST OF TABLES

TABLE 1 North America Coconut Milk Powder Market, 2020 - 2023, USD Thousands
TABLE 2 North America Coconut Milk Powder Market, 2024 - 2031, USD Thousands
TABLE 3 North America Coconut Milk Powder Market, 2020 - 2023, Tonnes
TABLE 4 North America Coconut Milk Powder Market, 2024 - 2031, Tonnes
TABLE 5 North America Coconut Milk Powder Market by Product, 2020 - 2023, USD Thousands
TABLE 6 North America Coconut Milk Powder Market by Product, 2024 - 2031, USD Thousands
TABLE 7 North America Coconut Milk Powder Market by Product, 2020 - 2023, Tonnes
TABLE 8 North America Coconut Milk Powder Market by Product, 2024 - 2031, Tonnes
TABLE 9 North America Conventional Market by Region, 2020 - 2023, USD Thousands
TABLE 10 North America Conventional Market by Region, 2024 - 2031, USD Thousands
TABLE 11 North America Conventional Market by Region, 2020 - 2023, Tonnes
TABLE 12 North America Conventional Market by Region, 2024 - 2031, Tonnes
TABLE 13 North America Organic Market by Region, 2020 - 2023, USD Thousands
TABLE 14 North America Organic Market by Region, 2024 - 2031, USD Thousands
TABLE 15 North America Organic Market by Region, 2020 - 2023, Tonnes
TABLE 16 North America Organic Market by Region, 2024 - 2031, Tonnes
TABLE 17 North America Coconut Milk Powder Market by Application, 2020 - 2023, USD Thousands
TABLE 18 North America Coconut Milk Powder Market by Application, 2024 - 2031, USD Thousands
TABLE 19 North America Coconut Milk Powder Market by Application, 2020 - 2023, Tonnes
TABLE 20 North America Coconut Milk Powder Market by Application, 2024 - 2031, Tonnes
TABLE 21 North America Food Market by Country, 2020 - 2023, USD Thousands
TABLE 22 North America Food Market by Country, 2024 - 2031, USD Thousands
TABLE 23 North America Food Market by Country, 2020 - 2023, Tonnes
TABLE 24 North America Food Market by Country, 2024 - 2031, Tonnes
TABLE 25 North America Beverages Market by Country, 2020 - 2023, USD Thousands
TABLE 26 North America Beverages Market by Country, 2024 - 2031, USD Thousands
TABLE 27 North America Beverages Market by Country, 2020 - 2023, Tonnes
TABLE 28 North America Beverages Market by Country, 2024 - 2031, Tonnes
TABLE 29 North America Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 30 North America Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 31 North America Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 32 North America Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 33 North America Offline Market by Country, 2020 - 2023, USD Thousands
TABLE 34 North America Offline Market by Country, 2024 - 2031, USD Thousands
TABLE 35 North America Offline Market by Country, 2020 - 2023, Tonnes
TABLE 36 North America Offline Market by Country, 2024 - 2031, Tonnes
TABLE 37 North America Online Market by Country, 2020 - 2023, USD Thousands
TABLE 38 North America Online Market by Country, 2024 - 2031, USD Thousands
TABLE 39 North America Online Market by Country, 2020 - 2023, Tonnes
TABLE 40 North America Online Market by Country, 2024 - 2031, Tonnes
TABLE 41 North America Coconut Milk Powder Market by Country, 2020 - 2023, USD Thousands
TABLE 42 North America Coconut Milk Powder Market by Country, 2024 - 2031, USD Thousands
TABLE 43 North America Coconut Milk Powder Market by Country, 2020 - 2023, Tonnes
TABLE 44 North America Coconut Milk Powder Market by Country, 2024 - 2031, Tonnes
TABLE 45 US Coconut Milk Powder Market, 2020 - 2023, USD Thousands
TABLE 46 US Coconut Milk Powder Market, 2024 - 2031, USD Thousands
TABLE 47 US Coconut Milk Powder Market, 2020 - 2023, Tonnes
TABLE 48 US Coconut Milk Powder Market, 2024 - 2031, Tonnes
TABLE 49 US Coconut Milk Powder Market by Product, 2020 - 2023, USD Thousands
TABLE 50 US Coconut Milk Powder Market by Product, 2024 - 2031, USD Thousands
TABLE 51 US Coconut Milk Powder Market by Product, 2020 - 2023, Tonnes
TABLE 52 US Coconut Milk Powder Market by Product, 2024 - 2031, Tonnes
TABLE 53 US Coconut Milk Powder Market by Application, 2020 - 2023, USD Thousands
TABLE 54 US Coconut Milk Powder Market by Application, 2024 - 2031, USD Thousands
TABLE 55 US Coconut Milk Powder Market by Application, 2020 - 2023, Tonnes
TABLE 56 US Coconut Milk Powder Market by Application, 2024 - 2031, Tonnes
TABLE 57 US Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 58 US Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 59 US Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 60 US Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 61 Canada Coconut Milk Powder Market, 2020 - 2023, USD Thousands
TABLE 62 Canada Coconut Milk Powder Market, 2024 - 2031, USD Thousands
TABLE 63 Canada Coconut Milk Powder Market, 2020 - 2023, Tonnes
TABLE 64 Canada Coconut Milk Powder Market, 2024 - 2031, Tonnes
TABLE 65 Canada Coconut Milk Powder Market by Product, 2020 - 2023, USD Thousands
TABLE 66 Canada Coconut Milk Powder Market by Product, 2024 - 2031, USD Thousands
TABLE 67 Canada Coconut Milk Powder Market by Product, 2020 - 2023, Tonnes
TABLE 68 Canada Coconut Milk Powder Market by Product, 2024 - 2031, Tonnes
TABLE 69 Canada Coconut Milk Powder Market by Application, 2020 - 2023, USD Thousands
TABLE 70 Canada Coconut Milk Powder Market by Application, 2024 - 2031, USD Thousands
TABLE 71 Canada Coconut Milk Powder Market by Application, 2020 - 2023, Tonnes
TABLE 72 Canada Coconut Milk Powder Market by Application, 2024 - 2031, Tonnes
TABLE 73 Canada Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 74 Canada Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 75 Canada Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 76 Canada Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 77 Mexico Coconut Milk Powder Market, 2020 - 2023, USD Thousands
TABLE 78 Mexico Coconut Milk Powder Market, 2024 - 2031, USD Thousands
TABLE 79 Mexico Coconut Milk Powder Market, 2020 - 2023, Tonnes
TABLE 80 Mexico Coconut Milk Powder Market, 2024 - 2031, Tonnes
TABLE 81 Mexico Coconut Milk Powder Market by Product, 2020 - 2023, USD Thousands
TABLE 82 Mexico Coconut Milk Powder Market by Product, 2024 - 2031, USD Thousands
TABLE 83 Mexico Coconut Milk Powder Market by Product, 2020 - 2023, Tonnes
TABLE 84 Mexico Coconut Milk Powder Market by Product, 2024 - 2031, Tonnes
TABLE 85 Mexico Coconut Milk Powder Market by Application, 2020 - 2023, USD Thousands
TABLE 86 Mexico Coconut Milk Powder Market by Application, 2024 - 2031, USD Thousands
TABLE 87 Mexico Coconut Milk Powder Market by Application, 2020 - 2023, Tonnes
TABLE 88 Mexico Coconut Milk Powder Market by Application, 2024 - 2031, Tonnes
TABLE 89 Mexico Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 90 Mexico Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 91 Mexico Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 92 Mexico Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 93 Rest of North America Coconut Milk Powder Market, 2020 - 2023, USD Thousands
TABLE 94 Rest of North America Coconut Milk Powder Market, 2024 - 2031, USD Thousands
TABLE 95 Rest of North America Coconut Milk Powder Market, 2020 - 2023, Tonnes
TABLE 96 Rest of North America Coconut Milk Powder Market, 2024 - 2031, Tonnes
TABLE 97 Rest of North America Coconut Milk Powder Market by Product, 2020 - 2023, USD Thousands
TABLE 98 Rest of North America Coconut Milk Powder Market by Product, 2024 - 2031, USD Thousands
TABLE 99 Rest of North America Coconut Milk Powder Market by Product, 2020 - 2023, Tonnes
TABLE 100 Rest of North America Coconut Milk Powder Market by Product, 2024 - 2031, Tonnes
TABLE 101 Rest of North America Coconut Milk Powder Market by Application, 2020 - 2023, USD Thousands
TABLE 102 Rest of North America Coconut Milk Powder Market by Application, 2024 - 2031, USD Thousands
TABLE 103 Rest of North America Coconut Milk Powder Market by Application, 2020 - 2023, Tonnes
TABLE 104 Rest of North America Coconut Milk Powder Market by Application, 2024 - 2031, Tonnes
TABLE 105 Rest of North America Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 106 Rest of North America Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 107 Rest of North America Coconut Milk Powder Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 108 Rest of North America Coconut Milk Powder Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 109 Key Information - Nestle S.A.
TABLE 110 Key Information - Associated British Foods PLC
TABLE 111 Key information - Danone S.A.
TABLE 112 Key Information - McCormick & Company, Inc.
TABLE 113 key information - GraceKennedy Limited
TABLE 114 key information - Bramble Berry, Inc.
TABLE 115 key information - BareOrganics
TABLE 116 Key Information - King Arthur Flour Company, Inc.
TABLE 117 Key Information - Healthworks
TABLE 118 Key Information - Cocomi Bio Organic

North America Coconut Milk Powder Market Size, Share & Trends Analysis Report By Product (Conventional, and Organic), By Application (Food, and Beverages), By Distribution Channel, By Country and Growth Forecast, 2024 - 2031