The global coconut cream market to grow at a CAGR of 15.32% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global coconut cream market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The report also includes a discussion of the key vendors operating in this market.
One trend in market is increasing popularity of Asian cuisine. The popularity of Asian cuisine is increasing around the globe and coconut cream is an important ingredient used in this cuisine. It is the fastest-growing food segment in the world. An increase in population and economic development are the two factors responsible for the growth in the demand for Asian food.
According to the report, one driver in market is new recipes based on coconut cream. The emergence of new recipes that require coconut cream as an ingredient is a growth driver for the global coconut cream market. The increasing demand for coconut-based desserts is influencing vendors to come up with new desserts based on coconut. The emergence and popularity of such new recipes will likely help propel the demand for coconut cream during the forecast period.
Further, the report states that one challenges in market is inadequate supply of coconuts. The decreasing availability of coconut to produce coconut cream is one of the main challenges faced by the global coconut cream market.
Celebes Coconut Corporation
Other prominent vendors
AB World Foods
Edward & Sons
Thai Agri Foods
TIANA Fairtrade Organics
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Market segmentation by distribution channel