During the historical period (2017-2021), sales of coconut milk registered a CAGR of 7.2%. Demand for coconut milk is increasing as the various coconut milk benefits make it a vital component for naturally obtained healthy products to improve the health and well-being of consumers.
Coconut milk products are available in diverse flavors and varieties. Moreover, offering flavorful, organic, and non-GMO coconut milk are also some of the strategies being adopted by coconut milk manufactures.