Global Coconut Milk Market size is expected to be USD 7809.96 million rising at a market growth of 14.4% CAGR during the forecast period

 Dairy consumption in some categories has declined over the last two decades, as consumers respond to concerns about hormone usage, allergens, and the perceived unhealthy profile of some dairy offerings, which was once regarded as an essential component of a balanced diet in several cultures. This has altered the global landscape for dairy producers, as they strive to keep up with changing consumption attitudes and regional differences in consumer attitudes, while capitalising on potential opportunities in dairy product consumption. Coconut milk, for example, has a perceived health halo among consumers, capturing the attention of dairy product providers.

Data Bridge Market Research analyses that the coconut milk market was valued at USD 2,662.2 million and is expected to reach the value of USD 7809.96 million by 2029, at a CAGR of 14.4% during the forecast period of 2022-2029.

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