Market Highlights: Nata de coco is a jelly-like natural dietary fiber food product produced by the fermentation of coconut water. It can be used as salad dressings, ice cream, and desserts. It is originated in the Philippines. The Nata de coco market has high growth prospects owing to increasing popularity among millennials, high nutritional value and high market potential in South East Asian countries. Moreover, rising applications in cosmetic preparation expected to fuel the product demand during the forecasted period. The market study is being classified by Type (Juice Drink, Jelly Drink, Pudding and Others), by Application (Food And Beverages, Cosmetics and Pharmaceutical) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Nata De Coco are Nata De Coco Manufacturer Sdn. Bhd. (Malaysia), Happy Alliance (M) Sdn. Bhd. (Malaysia), Hainan Yeguo Foods (China) and Siva Foods (India).
The Distribution Channel, such as Supermarket, is boosting the Nata De Coco market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Packaging, such as Bottle, is boosting the Nata De Coco market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights In April 2021,Cass Materials, a Perth-based company, has recently developed a new edible scaffold that cellular agriculture food scientists might use to produce cultured proteins. The company's nata de coco-based biodegradable scaffolding, which is an excellent replacement for the gelatin-based fibers that many producers of lab-grown meat still employ, may provide animal cells with a matrix to develop around. In May 2021,NutiFood, one of Vietnam’s leading producers of nutritional food and beverages, has become the 1st company in Vietnam to introduce Tonic Food Drink (TFD) with nata de coco bits in carton packaging, made possible using SIG drinksplus technology.
Key Questions Answered in the Report What will the Nata De Coco Market size and the growth rate be in Future? What are the key factors driving the Nata De Coco Market? What are the key market trends and macro-economic impacting the growth of the Nata De Coco Market? What are the challenges to market growth? Who are the key vendors in the Nata De Coco Market? What are the market opportunities and threats faced by the vendors in the Nata De Coco Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Nata De Coco Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Nata De Coco market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Nata De Coco market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Nata De Coco Manufacturers, Nata De Coco Distributors, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.