![]() ![]() Low unemployment rate and stable electricity prices in the U.S. The retail industry is the economy sector that includes companies and individuals involved in selling of finished products and goods to end users. In addition, it has also been used in cosmetics and personal care industries in the recent past and is expected to experience incremental demand in the near future. Coconut milk and cream are used mainly in food and bakery industry. Coconut milk/cream also has moisturizing and nourishing properties making it useful for skin care.Ĭoconut milk/cream is processed and preserved in different ready to use forms, such as canned products, pouches, and dehydrated form. ![]() Coconut milk/cream is also used in beverages, cocktails, and alcoholic drinks. Skimmed coconut milk is also used as a protein supplement. ![]() It is also used in the preparation of bakery products, desserts, sweets, and for coconut milk flavoring. Coconut cream/milk is used to make various recipes such as fish & meat dishes and curries. The diluted form is called coconut milk while the concentrated form of mixture is called coconut cream. Coconut milk is the oil-protein-water mixture, which is produced from fresh grated coconut kernels. ![]() In 2019, the conventional segment accounted for more than half of the total coconut milk market share. The global coconut milk market size was valued at $1.1 billion in 2019, and is anticipated to reach $2.9 billion by 2027, with a CAGR of 17.1% during the forecast period. ![]()
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