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Coconut Flour Market Trends

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

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Coconut Flour Market Trends

The growing awareness of the health benefits associated with coconut flour was driving its demand. Coconut flour is gluten-free, low in carbohydrates, and rich in fiber, making it an attractive option for individuals with dietary restrictions and those seeking healthier alternatives. In addition, Coconut flour fits well into the gluten-free food trend. As more people were diagnosed with gluten sensitivities or celiac disease, the demand for gluten-free products, including coconut flour, was on the rise.

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.