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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.
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.
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.