Cooking Coconut Milk Market Share

Cooking Coconut Milk Market Share

Global cooking coconut milk market is highly fragmented owing to presence of large number of players. The top 8 players in the market include

• McCormick & Company
• Ducoco
• SunOpta
• Theppadungporn Coconut Co., Ltd
• Sambu Group
• Danone SA
• Vita Coco
• Thai Coconut Public Company

The key industry participants are implementing various strategies, including product development & launches, research & development activities, capacity expansions and acquisitions and mergers in order to increase business share and to tap the growth opportunities in the market.
 

In December 2020, McCormick & Company announced the acquisition of 100% of the shares of FONA International LLC. This acquisition, the company McCormick gets access to a diverse customer base of FONA International LLC across food, beverage, and nutritional markets and help the company to increase its revenue and sale worldwide.
 

In October 2020, Goya Foods announced an investment of USD 80 million for the expansion of its manufacturing & distribution facility in Brookshire, Texas. This initiative was taken to enhance the company’s production capacity in order to meet the increasing consumer demands.
 

The global cooking coconuts milk market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Million Liters & revenue in USD Million from 2015 to 2026 for the following segments.