Reduced Fat Coconut Milk: Market Outlook
Reduced fat coconut milk is witnessing rising application in the food and beverage industry due to its taste, nutritional value, and texture it adds to the product. Reduced Fat Coconut milk is made from mixing the grated meat of coconut due to which it has a thick and creamy consistency.
Reduced fat coconut milk usually contains fat levels less than 5-10% and is prepared with a slightly different procedure by consequently soaking and pressing coconut pulp in hot water for reducing the fat content.
Southeast Asia has been the prominent producer of reduced fat coconut milk as they produce and store it as a staple for multiple applications.
Countries like India, Japan, China has established consumer base with multiple application of reduced fat coconut milk that is expected to make significant growth in the global market.
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Reduced Fat Coconut Milk: Market Segmentation
- Based on Nature, Reduced Fat Coconut Milk Market can be segmented as:
- Organic
- Conventional
- Based on Packaging, Reduced Fat Coconut Milk Market can be segmented as:
- Tetra Pack
- Tin Can
- Based on End Use, Reduced Fat Coconut Milk Market can be segmented as:
- Bakery
- Confectionery
- Household
- Others
- Based on Distribution Channel, Reduced Fat Coconut Milk Market can be segmented as:
- Hypermarket/Supermarket
- Specialty Stores
- Wholesale Stores
- Mass Grocery Stores
- Online Retail
Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Europe (Germany, U.K., France, Italy, Spain, BENELUX, Poland, Russia, Nordic, Rest of Europe)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
The Reduced Fat Coconut Milk market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
Reduced Fat Coconut Milk: Key Players
Some of the key players in the global Reduced Fat Coconut Milk market are
- Goya Foods Inc.
- Edward & Sons Trading Company
- McCormick
- Marks and Spencer plc
- Gaya Foods
- Vita Coco
- Thai Agri Food
- Celebes Coconut Corp.
- Danone SA
- ThaiCoconut Public Company
- Pureharvest
- Whitewave Foods
- Ducoco
- Pacific Food.
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Manufacturers to Produce Cruelty-free Reduced Fat Coconut Milk
Reduced fat coconut milk is vegan but some of the manufacturers in Thailand are involved in forcing monkeys to pick coconuts as they were caged and chained for the same. In early 2020, PETA identified these activities and had to face a mass boycott.
In late 2020, prime retail chain, Target dropped these brands and showcase brands for instance Ape Snacks, Chef’s Choice, DREAM Coconut Milk, and many more as monkey-friendly.
More than 15,000 stores have banned the distribution of coconut milk that is produced by using the monkey as slaves and further looking for a guarantee to be a cruelty-free brand.
Manufacturers of reduced fat coconut milk are thus now striving to label their product as cruelty-free to indicate cruel methods were involved in the production process.
The Reduced Fat Coconut Milk market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
By doing so, the research report serves as a repository of analysis and information for every facet of the Reduced Fat Coconut Milk market, including but not limited to: regional markets, nature, packaging, end-use, and distribution channel.
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