Desiccated coconut is shredded, chipped, or powdered coconut meat, which has been dried out. Desiccated coconut is generally prepared by removing natural moisture from the coconut fruit. It snow-white in appearance with a fresh sweetness and nutty flavour. It is also available in different varieties like sweetened, toasted and toasted sweetened. It is derived from coconut that is predominantly obtained in the Southeast Asian Countries and is traded worldwide. It is used for making cookies, pastries, desserts, cakes, puddings, etc.
MARKET DYNAMICS
Coconut nowadays is used vastly in bakery goods, confectionaries, coffee, and so on. So an increase in demand for these things will have a direct impact on the market of desiccated coconut. As the consumer is becoming highly conscious of their feeding habits and becoming more health-conscious, the demand of desiccated coconut is increasing as it is considered rich in vitamins and minerals. Majority of the population is oriented towards convenience and is starting to opt for desiccated version because of how easy it is to use it while making many dishes. It also used in breakfast cereals, so an increase in demand for breakfast cereals will also cause a rise in demand for desiccated coconut. Due to this COVID pandemic, the demand will fall because of the disruptions in the supply chain. The coconut obtained cannot be exported in this pandemic and will affect the supply of desiccated coconut.
MARKET SCOPE
The "Global Desiccated Coconut Market Analysis to 2028?" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the desiccated coconut market with detailed market segmentation by type, grade, end user, distribution channels and geography. The global desiccated coconut market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading desiccated coconut market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global desiccated coconut market is segmented on the basis of type, grade, end user and distribution channels. On the basis of type the market is segmented into full fat and reduced fat. On the basis of grade the market is segmented into fine grade and medium grade. On the basis of end user the market is segmented into households, food & beverages industry, and food service industry. On the basis of distribution channel the market is segmented into Direct/B2B, Supermarkets/Hypermarkets, Convenience Stores, Retail Stores, Online, and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the desiccated coconut market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The desiccated coconut market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting desiccated coconut market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting desiccated coconut market in these regions.
MARKET PLAYERS
The reports cover key developments in the desiccated coconut market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from desiccated coconut market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the desiccated coconut market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the desiccated coconut market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- PT.Global Coconut
- KKP Industries
- Adamjee Lukmanjee & Sons (Pvt) Ltd
- South India Industries
- PT. Pacific Eastern Coconut Utama
- Super Coco Company
- Greenville Agro Corporation
- Royce Food Corporation
- Primex Group of Companies
- CBL Natural Foods (Pvt) Ltd
The Insight Partner dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.