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Coconut Flour Market Analysis

  • Report ID: GMI7184
  • Published Date: Oct 2023
  • Report Format: PDF

Coconut Flour Market Analysis

Based on product type, the whole full-fat flour segment dominated around 2.6 billion revenue in the year 2022. Consumers are becoming more aware of the health benefits of whole grains, including their high fiber content and low glycemic index. Whole full-fat flour is a good source of both nutrients.
 

Global Coconut Flour Market Revenue Share (%), By Application, (2023)

Based on nature, the conventional segment held over 64.5% of the coconut flour market share in 2022. Coconut flour is relatively high in fiber and protein, and it has a lower glycemic index compared to traditional wheat flour. This makes it appealing to individuals looking to manage their blood sugar levels and improve digestive health.
 

Based on application, the bakery and confectionary segment accounted for 55.5% of the coconut flour market share in 2022. Coconut flour is high in fiber, healthy fats, and essential nutrients. It's a good source of protein, and it contains lauric acid, which is known for its potential health benefits. This makes it an attractive option for consumers who want to incorporate more nutritious ingredients into their baked goods and confections.
 

Asia Pacific Coconut Flour Market Revenue, 2021 - 2032 (USD Billion)

The Asia Pacific coconut flour market size reached more than USD 2 billion in the year 2022. The Asia-Pacific region has been able to tap into the international market for coconut flour. As health trends and awareness of coconut-based products spread globally, countries in the region are exporting their coconut flour to a wide range of markets, further boosting the industry's growth. In addition, the Asia-Pacific region has been able to tap into the international market for coconut flour. As health trends and awareness of coconut-based products spread globally, countries in the region are exporting their coconut flour to a wide range of markets, further boosting the industry's growth.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of coconut flour reached USD 6.1 billion in 2023 and is set to expand at over 6.5% CAGR from 2024 to 2032, owing to the increasing prevalence of gluten intolerance and celiac diseases worldwide.

Whole full-fat coconut flour segment generated USD 2.6 billion in revenue in 2022, attributed to the rising consumer awareness of the health benefits of whole grains.

Asia Pacific market was valued at USD 2 billion in revenue in 2022, driven by the evolving health trends and the increasing export of coconut flour from major countries in the region.

Some of the leading coconut flour providers are Vita Coco, Zico Beverages, Coco do Vale, The Coconut Company, Marico Ltd., Metshu exports (pvt) ltd., Cocomate, Klassic Coconut, Cocotana Coconut Products, Universal Coco Indonesia, and Thai Coconut Public Company Limited.

Coconut Flour Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 279
  • Countries covered: 21
  • Pages: 180
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