Desiccated Coconut Powder Market - Global Growth, Covid-19, Trends and Forecasts 2021 - 2026 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Desiccated Coconut Powder Market - Growth, Covid-19, Trends and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The Global Desiccated Coconut Powder Market is projected to grow at a CAGR of 7.45% during the forecast period 2021-2026.

Owing to the natural calamities in the last couple of years in the Asia Pacific region, for example, Gaja cyclone in 2018 and the incidence of Rugose Whitefly in 2019, coupled with the COVID-19 pandemic had a detrimental impact on coconut farmers and they had to incur additional costs due to scarcity of labour and challenges in transportation. This has further affected the market for processed coconut products at an industrial level.

On the medium term, the growth in the consumption of coconut-based products among consumers is expected to drive the use of coconut-based products in food and beverage applications in the future. Sales of coconut-based ingredients, such as coconut powder, are growing, and these products are widely used as ingredients in various processed food products.

Moreover, increased demand for organic food products due to the absence of chemicals used across the supply chain provides new opportunities for coconut-based food products. According to the Research Institute of Organic Agriculture (FiBL), organic food sales increased by 51.03% in 2018, compared to 2011, and reached USD 95 billion. Therefore, advantages offered by organic desiccated coconut powder is expected to boost the growth of coconut-based food products on the retail shelves and at the industrial-scale during the forecast period.

Competitive Landscape

Some of the major players in the global desiccated coconut powder market are Primex Coco Products, V V Industries, VIET DELTA, Silvermill Group, Davidsun Coconut Products, and Vittal Agro among others.

The market studied is highly fragmented with numerous domestic players existing with strong distribution networks and international food certifications. Companies are increasing their investments in production capacity expansion and expanding their distribution channels to maintain their positions in the market.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Form

5.1.1 Fine

5.1.2 Granular

5.2 Application

5.2.1 Bakery

5.2.2 Confectionery

5.2.3 Dairy Products

5.2.4 Frozen Dessert

5.2.5 Other Applications

5.3 Geography

6 COMPETITIVE LANDSCAPE

6.1 Market Positioning of the Players

6.2 Most Adopted Strategies

6.3 Company Profiles

6.3.1 Primex Coco Products

6.3.2 VIET DELTA

6.3.3 Silvermill Group

6.3.4 Alavi & Sons

6.3.5 Sabari Agro Products

6.3.6 V V Industries

6.3.7 Davidsun Coconut Products

6.3.8 Vittal Agro

6.3.9 Cardinal Agri Products, Inc

6.3.10 Kapar Coconut Industries

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

8 IMPACT OF COVID-19 ON THE MARKET

For more information about this report visit https://www.researchandmarkets.com/r/b22thl