Russia: Coconut milk market averaging 7% annual growth by 2032
Published 2023년 7월 10일
Tridge summary
The coconut milk market is projected to have an average annual growth rate of 7% over the next 10 years, reaching $2131.6 million by 2032. The coronavirus pandemic has negatively affected the demand for coconut milk, but the rise of vegan diets and the desire for low-calorie and nutritious drinks are driving sales in this segment. Future Market Insights highlights these factors as key drivers in the growing sales of coconut milk.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The world volume of the coconut milk market at the end of 2022 amounted to $1152.71 million. It is expected that over the next 10 years its average annual growth rate will be 7% and by 2032 it will reach $2131.6 million, predicts the analytical agency Future Market Insights . Analysts note that the coronavirus pandemic has had a negative impact on the demand for coconut milk and future development trends in this segment. However, Future Market Insights believes that the rise of the vegan diet is driving sales of coconut milk. The desire ...
Source: Oilworld
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