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Coconut Flour Market Share

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

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Coconut Flour Market Share

Major companies operating in the coconut flour industry includes:

Vita Coco
Zico Beverages
Coco do Vale
PT. Pulau Sambu
The Coconut Company
Marico Ltd.
Sambu Group
Metshu exports (pvt) ltd.
Cocomate
Klassic Coconut
Cocotana Coconut Products
Universal Coco Indonesia
Thai Coconut Public Company Limited.

The companies are undergoing various strategic initiatives, such as mergers and acquisitions, partnerships, collaborations.

The company boasts a diverse portfolio, spanning hair care, skincare, and wellness products. Marico's renowned brands, including Parachute, Saffola, Livon, Set Wet, and Nihar, have solidified its presence in the market. Parachute, famous for its coconut-based hair oil, remains a household name. While the company's primary market is India, it has steadily expanded its global footprint, operating in over 25 countries. Marico's commitment to innovation is evident through its continuous product development and improvements. Beyond personal care, the company has ventured into the health and wellness sector with the Saffola brand, offering health-focused products such as cooking oils and oatmeal.

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.