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    US Coconut Milk Derivatives Market

    ID: MRFR/F-B & N/13838-HCR
    128 Pages
    Snehal Singh
    September 2025

    US Coconut Milk Derivatives Market Research Report: By Product Type (Coconut Milk, Coconut Cream, Coconut Powder, Coconut Yogurt, Coconut Ice Cream), By Application (Food Beverages, Cosmetics Personal Care, Pharmaceuticals, Nutraceuticals), By Form (Liquid, Powder, Frozen) and By Distribution Channel (Supermarkets/Hypermarkets, Online Retail, Specialty Stores, Convenience Stores) - Forecast to 2035

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    US Coconut Milk Derivatives Market Research Report — Forecast till 2035 Infographic
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    US Coconut Milk Derivatives Market Summary

    The US Coconut Milk Derivatives market is projected to grow significantly over the next decade.

    Key Market Trends & Highlights

    US Coconut Milk Derivatives Key Trends and Highlights

    • The market valuation is anticipated to reach 893.6 USD Million by 2035, up from 437.5 USD Million in 2024.
    • A compound annual growth rate (CAGR) of 6.71 percent is expected from 2025 to 2035.
    • The increasing consumer preference for plant-based alternatives is likely to drive market expansion.
    • Growing adoption of coconut milk derivatives due to rising health consciousness is a major market driver.

    Market Size & Forecast

    2024 Market Size 437.5 (USD Million)
    2035 Market Size 893.6 (USD Million)
    CAGR (2025-2035) 6.71%

    Major Players

    Koko Dairy Free, Blue Diamond Growers, PepsiCo, Vita Coco, Nestle, Coco Libre, Setton Farms, Unilever, So Delicious Dairy Free, Pacific Foods, Coconut Collaborative, Reed's Inc, Thai Agri Foods, Silk, The Coconut Company

    US Coconut Milk Derivatives Market Trends

    The US Coconut Milk Derivatives Market is experiencing notable trends driven by the growing consumer preference for plant-based alternatives. Health-conscious consumers are increasingly turning to coconut milk and its derivatives for their perceived nutritional benefits, including being lactose-free and lower in calories than traditional dairy products. This shift is also supported by a rising awareness of vegan and vegetarian diets in the US, where consumers seek alternatives to meet their dietary needs without compromising on taste or texture.

    Market Segment Insights

    Coconut Milk Derivatives Market Product Type Insights

    The US Coconut Milk Derivatives Market encompasses a variety of product types that cater to the growing consumer demand for plant-based and dairy-free alternatives. The market is characterized by its diverse offerings, particularly significant are Coconut Milk, Coconut Cream, Coconut Powder, Coconut Yogurt, and Coconut Ice Cream, each playing a vital role in the market dynamics. Coconut Milk is widely recognized for its versatility, gaining traction in both culinary uses and as a dairy substitute in beverages, driven by the increased awareness of lactose intolerance among consumers.

    Coconut Cream, with its rich texture, often dominates in dessert recipes and cream-based dishes, fulfilling the trend for indulgent yet healthier options. Coconut Powder serves as a convenient ingredient for both homes and food industries, reflecting on the growing trend of easy-to-use and long-shelf-life products that appeal to busy consumers. It also caters to the concern of waste reduction as it can be reconstituted as needed. In regard to Coconut Yogurt, it has gained a significant foothold in the health-conscious segment, supported by the demand for probiotic-rich foods that foster gut health and wellness.

    Get more detailed insights about US Coconut Milk Derivatives Market Research Report — Forecast till 2035

    Key Players and Competitive Insights

    The US Coconut Milk Derivatives Market is a dynamic and rapidly expanding segment within the broader plant-based and dairy alternatives industry. This market is characterized by increasing consumer demand for healthier, dairy-free alternatives due to rising awareness of dietary preferences and lactose intolerance. The competitive landscape is influenced by evolving consumer behaviors, where natural ingredients are preferred over conventional dairy products. Companies operating within this market focus on product innovation, sustainability, and tapping into the growing trend of veganism.

    The competition is heightened by the presence of both established brands and emerging players, making it essential for companies to differentiate themselves through product offerings, marketing strategies, and distribution channels. Koko Dairy Free has carved a significant niche within the US Coconut Milk Derivatives Market by positioning itself as a desirable choice for consumers seeking delicious non-dairy alternatives. The company offers a broad range of coconut milk-based products that are tailored to meet diverse dietary needs, including gluten-free and vegan options, thereby appealing to health-conscious consumers.

    Koko Dairy Free benefits from a strong brand identity that resonates well with the target audience, emphasizing clean ingredients and sustainability. The company’s commitment to quality and innovation aids in maintaining a solid market presence, as it continually develops new products that align with current consumer trends around wellness and taste.

    By building strategic partnerships with retailers and leveraging social media marketing, Koko Dairy Free effectively enhances its reach and customer engagement in the competitive landscape.Blue Diamond Growers stands as a formidable player in the US Coconut Milk Derivatives Market through its renowned almond-based products, while also exploring the coconut derivatives segment to diversify its portfolio. The company is known for its high-quality products that cater to the growing demand for plant-based alternatives, focusing on both residential consumers and foodservice channels.

    Strengths for Blue Diamond Growers include their established distribution networks, extensive market research capabilities, and a robust commitment to product innovation. Furthermore, the company has been proactive in expanding its offerings through strategic mergers and acquisitions, allowing them to enhance their product lines and market share within the coconut derivatives category. Their continued investment in sustainability practices further resonates with environmentally conscious consumers, solidifying their competitive edge in the market. Through these strategic initiatives, Blue Diamond Growers positions itself effectively to capture a growing segment of the consumer base seeking coconut-based food alternatives in the US.

    Key Companies in the US Coconut Milk Derivatives Market market include

    Industry Developments

    The US Coconut Milk Derivatives Market has seen significant developments, notably with companies such as Vita Coco and PepsiCo expanding their product lines to cater to rising consumer demand for plant-based alternatives. In recent months, Koko Dairy Free announced the launch of new coconut-based products aimed at the dairy-free segment, reflecting consumer preferences for healthier choices. The market is experiencing growth, with a notable increase in revenues attributed to heightened awareness of the nutritional benefits of coconut milk.Notably, in September 2023, Blue Diamond Growers acquired a significant stake in a coconut milk processing facility, enhancing their production capabilities.

    In recent years, Nestle has also entered strategic collaborations aimed at boosting their market share in the coconut-based beverage sector, particularly since 2022. The Coconut Collaborative rolled out a sustainability initiative in July 2022, further emphasizing eco-friendly practices within the industry. The US market continues to evolve, showing robust demand for coconut milk derivatives, driven by health trends and an expanding range of products offered by companies like So Delicious Dairy Free and Pacific Foods.

    Market Segmentation

    Outlook

    • Supermarkets/Hypermarkets
    • Online Retail
    • Specialty Stores
    • Convenience Stores

    Report Scope

    Report Scope:
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 409.5(USD Million)
    MARKET SIZE 2024 437.5(USD Million)
    MARKET SIZE 2035 893.61(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 6.708% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Koko Dairy Free, Blue Diamond Growers, PepsiCo, Vita Coco, Nestle, Coco Libre, Setton Farms, Unilever, So Delicious Dairy Free, Pacific Foods, Coconut Collaborative, Reed's Inc, Thai Agri Foods, Silk, The Coconut Company
    SEGMENTS COVERED Product Type, Application, Form, Distribution Channel
    KEY MARKET OPPORTUNITIES Plant-based diet trends, Dairy alternative expansion, Growing vegan population, Health-conscious consumer demand, Sustainable ingredient sourcing
    KEY MARKET DYNAMICS rising health consciousness, increasing vegan demand, diverse culinary applications, sustainable sourcing trends, innovative product developments
    COUNTRIES COVERED US

    FAQs

    What is the expected market size of the US Coconut Milk Derivatives Market in 2024?

    The expected market size of the US Coconut Milk Derivatives Market in 2024 is valued at 437.5 million USD.

    What is the projected market size of the US Coconut Milk Derivatives Market by 2035?

    By 2035, the projected market size of the US Coconut Milk Derivatives Market is expected to reach 893.61 million USD.

    What is the expected CAGR for the US Coconut Milk Derivatives Market from 2025 to 2035?

    The expected CAGR for the US Coconut Milk Derivatives Market from 2025 to 2035 is 6.708%.

    Which product type dominates the US Coconut Milk Derivatives Market?

    Coconut Milk is the dominant product type, valued at 175.0 million USD in 2024.

    What market value is assigned to Coconut Cream in 2024 within the US Coconut Milk Derivatives Market?

    Coconut Cream is valued at 90.0 million USD in 2024.

    Which key players are leading the US Coconut Milk Derivatives Market?

    Key players leading the market include Koko Dairy Free, Blue Diamond Growers, and PepsiCo among others.

    What is the market value for Coconut Powder in 2035?

    The market value for Coconut Powder is expected to reach 145.0 million USD by 2035.

    How much is the Coconut Yogurt segment expected to grow by 2035?

    Coconut Yogurt is expected to grow to a market value of 95.0 million USD by 2035.

    What challenges can affect the growth of the US Coconut Milk Derivatives Market?

    Challenges affecting the market may include supply chain disruptions and fluctuating raw material costs.

    What is the forecasted growth rate for the Coconut Ice Cream segment from 2025 to 2035?

    The Coconut Ice Cream segment is expected to grow significantly, reaching a market value of 103.61 million USD by 2035.

    Report Infographic
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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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