Organic Coconut Cream Market Synopsis

Organic Coconut Cream Market Size Was Valued at USD 2790.12 Million in 2023, and is Projected to Reach USD 5349.33 Million by 2032, Growing at a CAGR of 7.5% From 2024-2032.

Considering the nutritional properties of coconut and the growing demand for plant-based foods, this work was aimed toward the development of high-fat coconut cream. Coconut cream is obtained from coconut milk by addition of emulsifying and stabilizing agents and subsequent pasteurization and canning processes.

• The initial raw material, coconut milk, is naturally forced to exhibit an emulsion separating an aqueous fraction and an interesting cream portion. Because of the poor stability of fat matter obtained from fresh coconuts, the concentration of the creamy phase makes sense. Substantially, it is a coconut milk concentrate with extremely high content of lipids (20-30% only monoglycerides instead of trans-fatty acids), interesting flavouring properties, and enhanced durability (six months after pack opening).
• It has also good emulsifying properties and good water retention. Coconut cream is mainly destined to the industry of processed foods (cakes, puddings, ice creams) and as a good addition for soy milk when speaking of tofu production (yields can notably be enhanced). Moreover, it can be an ingredient to produce sweetened condensed milk. In general, the use of such an ingredient can be tolerated from the nutritional and health viewpoints because of the qualitative composition of lipids, provided that the final product is not too rich in fat matters.
• The cream works as a thickening agent and provides stability, creaminess, shelf-life, viscosity, and water absorption to the products. The production of coconut is increasing due to which the availability of raw materials is more due to which the production of organic coconut cream is also increasing.

Organic Coconut Cream Market Trend Analysis

Market Expansion: Demand for Organic and Non-GMO Products

• By expanding mindfulness toward the solid and useful food shopper are slant toward the natural and regular fixings. Buyers are picking the utilization of veggie lover, natural, and non-GMO fixings and items due to moral, ecological, and wellbeing concerns. Coconut cream is utilized in various food and drinks like candy Parlor, pastry kitchen, and culinary arrangements.
• Throughout the long term, there has been a flood in the emphasis on plant-based food varieties. The current work centres around the improvement of a clever coconut-based high-fat cream and the effect of various handling procedures. The created novel item can be utilized as a replacer for creature-based creams, spreads, and emulsified sauces like mayonnaise, while giving the advantages of coconut fats.
• Then again, the coconut cream is likewise connected for certain aftereffects, for example, unfavourably susceptible responses, weight gain, digestive issues and others. The presence of substitutes, for example, cashew cream, almond cream, weighty cream and other. These are a portion of the central point hampering the development of the worldwide coconut cream market.

Restraints

Presence of Alternative Substituent in The Market

• The market's ability to grow is hampered by the availability of substitute products. A fantastic substitute for coconut cream is soymilk cream. In addition to being plant-based, it contains a little less fat than coconut milk. You can substitute it in most recipes at a 1:1 ratio. Use cashew milk in a 1:1 ratio as a creamy substitute for coconut milk. Its high fat content is ideal for soups and sauces. The popularity for the organic coconut cream product will decline as other options become available in the market.

• Allergens concern, being a dairy free product, the coconut cream have some allergy related problem to the individuals by coconut allergy. People with a coconut allergy may develop a reaction after ingesting or using coconut or coconut-based foods, cosmetics, and other products. Symptoms range from mild to severe, including a skin rash, swelling, vomiting, and a rapid heart rate. Which limiting its market accessibility and requiring for the detail labelling information the product.

Opportunity

Rising Demand of Flavouring Agent in Processed and Convenience Foods

• It is sweet, rich semi-strong utilized as a fixing in many sweet dishes and utilized as a substitute to different dairy items, for example, pastries which incorporates frozen yogurts and flans; it is likewise utilized in smoothies, curries and soup to get the ideal surface along with to improve the flavour of the item.
• Coconut cream is an incredible wellspring of nutrients, minerals, protein, cell reinforcements, phosphorous, magnesium, and others. Alongside these dietary advantages, coconut cream additionally gives different medical advantages, for example, further develops cholesterol levels, assists with treating stomach ulcers, works on metabolic disorder and others.
• The developing tendency towards taste among the youthful populace rising the interest of seasoning specialist in different cooking styles, handled and accommodation food varieties that further improve the development of Coconut Cream Market. Additionally, rising use of coconut cream in current beverages to improve Flavors builds the reception among purchasers that help the deals of the coconut cream.

Challenges

Price Volatility of Raw Material Due to Supply chain

• Price volatility of raw material because of low supply chain management and the raw material product availability due of environmental effect and unfavourable climatic conditions which result the crop failure and reduce the quality of the coconut. As a result, the production and manufacturing cost of the coconut products(cream) is affected.
• Events like transport strikes, port congestion, or even global events such as the Suez Canal blockage can impact the flow of goods, such as the delay of major grain shipments in 2021, leading to a spike in prices due to decreased or delayed availability.
• Exchange rate fluctuations, inflation rates, and trade tariffs can all play a role in the final cost of imported coconut cream. A weakened dollar or increased tariffs
• on imported goods can inadvertently push up the cost for U.S. wholesalers. And at the same time the sustainability and wellbeing of the actual coconut farmers, and the impact it has on the agricultural economy, cannot be ignored – they are the foundation of all of this after all.

Organic Coconut Cream Market Segment Analysis:

Organic Coconut Cream market is segmented on the basis of Type, End Users, Distribution Channels.

By Type, Organic Coconut Cream Segment Is Expected to Dominate the Market During the Forecast Period

• As consumers become more conscious of the importance of functional and healthful food, they are more likely to choose natural and organic components. Ethical, environmental, and health concerns are driving consumers to choose vegan, organic, and non-GMO components and goods. Coconut cream is utilised in a variety of foods and drinks, including baked goods, confections, and culinary recipes.

• Plant-based diets have garnered increasing attention throughout time. The creation of a novel high-fat cream made from coconut and the effects of various processing methods are the main subjects of this study. The newly created product offers the advantages of coconut fats and can be used as a substitute for spreads.
• Farming Practices: Organic coconut cream is made from coconuts that are grown using organic farming methods. This means the coconut palms are cultivated without synthetic pesticides, herbicides, or genetically modified organisms (GMOs). Organic farming often promotes sustainable and environmentally friendly practices.
• Chemical Additives and Preservatives: Organic Coconut Milk: Organic coconut milk is typically processed with minimal additives. It usually doesn't contain artificial preservatives, colours, or Flavors. It may use natural thickeners or stabilizers like guar gum or xanthan gum. But some use only water to adjust the fat level and totally gum free process. Organic coconut milk is often associated with a purer and more natural product. It is less likely to have residues of synthetic chemicals from farming practices.

By End Users, Food and Beverages Segment Held the Largest Share In 2023

• Due to its ability to enhance the flavour and texture of a wide variety of foods, coconut cream holds the biggest market share in the food and beverage industry. For instance, include it into casseroles, curries, and pasta sauces to enhance and thicken the meal. It can also offer various delicacies, such as cookies, cakes, and puddings, a delicious touch with its delicate coconut flavour.
• Vegan and dairy-free recipes and sweets benefit greatly from the taste and richness that coconut cream brings. It's very useful in curries, pastries, sauces, and custard dishes. Another option for a vegan whipped cream recipe is to use coconut cream. Just stir in a small amount of maple syrup and vanilla extract to taste. After that, beat it by hand for a minute or two to make it light and fluffy. Coconut cream is low in carbohydrates and sugar and high in fat. 20 grammes of fat and just 3 grammes of carbohydrates are found in a 1/2-cup (90-gram) serving of coconut cream. It is therefore frequently used in place of high-carb components in many keto recipes.
• It also tastes fantastic in ice cream, chocolate mousse, coconut custard, and keto-friendly coconut cream pies, among other low-carb treats. Moreover, it can be used in coffee as a low-carb substitute for cream or sugar. Coconut cream is a low-carb, dairy-free, and adaptable ingredient that can improve the flavour and consistency of a variety of dishes. Use it as a tasty garnish for soups, smoothies, sauces, and desserts, for instance. Enjoy it in moderation as part of a healthy diet because it's high in calories and saturated fat. For this reason, more food and beverage sectors are covered with coconut cream. Organic Coconut Cream Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast Period

• The accessibility of unrefined substances from the Philippines, North America is expected to rule the market. The interest for parched coconut, which is utilized to make coconut milk (cream), has altogether expanded universally, with the Philippines and Indonesia arising as central participants in the creation and commodity of this benefit.
• Commodities of parched coconut from the Philippines have filled consistently lately. The country's commodities in 2020 were 145,200 metric tons, a minor down from 147,594 metric tons in 2019. It did, notwithstanding, recuperate to 160,117 metric tons in 2021 and kept on drifting around 156,930 tons in 2022. Indeed, even by, the most recent information that anyone could hope to find from the Philippine Measurements Expert for the primary portion of 2023 shows a declining pattern, with trade amounts tumbling to 74,640 metric tons  a 13% reduction from a similar period the prior year. Among January and June of 2023, the US and the Netherlands were the top merchants of Philippine parched coconut, acquiring 23,369 metric tons and 18,947 metric tons, separately.

Source: statistics.coconutcommunity.org

Organic Coconut Cream Market Active Players

• Edward & Sons Trading Co. (U.S)
• McCormick & Company, Inc. (U.S)
• Greenfield Products, LLC (U.S)
• Connectinut Coconut Company (U.S)
• Peter Paul Philippine Corporation (U.S)
• Coconut Secret (U.S)
• Bob’s Red Mill Natural Foods (U.S)
• Nutiva (U.S)
• Goya Foods, Inc (U.S)
• THE HERSHEY COMPANY (U.S)
• Healthy Traditions (U.S)
• Cocofina (U.S)
• Edward and Sons Trading Co (U.S)
• iTi Tropicals (U.S)
• Van Amerongen & Son (North America)
• Smith Naturals (North America)
• Nestle SA (Europe)
• TIANA Fair Trade Organic Ltd. (U.K)
• AB World Foods (U.K)
• the groovyfood company (U.K)
• Windmill Organics Limited (U.K)
• Celebes Coconut Corporation (Asia)
• Asia Botanicals (Asia)
• Thai Agri Foods Public Company Limited (Asia)
• Nutrisure (India) And Other Major Key Players

Key Industry Developments in the Organic Coconut Cream Market:

• In Jul 2023, Zuma Valley, a food brand dedicated to coconut products, today announced that premier organic grocer Erewhon has made a strategic equity investment to help Zuma Valley pursue its mission of putting Coconut in Everything.
• In May 2023, Introduced creamy creation’s new vegan coconut cream liqueur. Coconut, a versatile and sought-after ingredient, has been gaining significant traction in the beverage industry. At Creamy Creation, we are thrilled to unveil our latest innovation—a vegan coconut cream liqueur designed to elevate your product offerings.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. ORGANIC COCONUT CREAM MARKET BY TYPE (2017-2032)
   1. ORGANIC COCONUT CREAM MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. ORGANIC
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors and Opportunities
      5. Geographic Segmentation Analysis
   4. CONVENIENCE
7. ORGANIC COCONUT CREAM MARKET BY END USERS (2017-2032)
   1. ORGANIC COCONUT CREAM MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. HOUSEHOLD

Introduction And Market Overview

7. 3. 1. Historic And Forecasted Market Size in Value (2017-2032F)
      2. Historic And Forecasted Market Size in Volume (2017-2032F)
      3. Key Market Trends, Growth Factors And Opportunities
      4. Geographic Segmentation Analysis
   4. FOODSERVICES
   5. INDUSTRIAL
   6. COSMATIC
   7. PERSONAL CARE
   8. FOOD AND BEVERAGES
8. ORGANIC COCONUT CREAM MARKET BY DISTRIBUTION CHANNELS (2017-2032)
   1. ORGANIC COCONUT CREAM MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. HYPERMARKET/SUPERMARKET
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. CONVENIENCE STORE
   5. ONLINE CHANNEL
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Benchmarking
      2. Organic Coconut Cream Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. EDWARD & SONS TRADING CO. (U.S)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. MCCORMICK & COMPANY, INC. (U.S)
   4. GREENFIELD PRODUCTS, LLC (U.S)
   5. CONNECTINUT COCONUT COMPANY (U.S)
   6. PETER PAUL PHILIPPINE CORPORATION (U.S)
   7. COCONUT SECRET (U.S)
   8. BOB’S RED MILL NATURAL FOODS (U.S)
   9. NUTIVA (U.S)
   10. GOYA FOODS, INC (U.S)
   11. THE HERSHEY COMPANY (U.S)
   12. HEALTHY TRADITIONS (U.S)
   13. COCOFINA (U.S)
   14. EDWARD AND SONS TRADING CO (U.S)
   15. ITI TROPICALS (U.S)
   16. VAN AMERONGEN & SON (NORTH AMERICA)
   17. SMITH NATURALS (NORTH AMERICA)
   18. NESTLE SA (EUROPE)
   19. TIANA FAIR TRADE ORGANIC LTD. (U.K)
   20. AB WORLD FOODS (U.K)
   21. THE GROOVYFOOD COMPANY (U.K)
   22. WINDMILL ORGANICS LIMITED (U.K)
   23. CELEBES COCONUT CORPORATION (ASIA)
   24. ASIA BOTANICALS (ASIA)
   25. THAI AGRI FOODS PUBLIC COMPANY LIMITED (ASIA)
   26. NUTRISURE (INDIA)
10. GLOBAL ORGANIC COCONUT CREAM MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Type
       4. Historic And Forecasted Market Size By End Users
       5. Historic And Forecasted Market Size By Distribution Channels
       6. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies