What is Copra Cake?
Copra Cake is basically the dried kernel of the coconut after the extraction of oil. It is a by product of coconut oil production, although it has essential value attached to it. As the copra cakes are enriched with certain nutritional aspects making it ideal for animal feed. Copra cake is available in milling copra and edible copra types. Several domesticated animals caretakers feed cattle with copra cakes. Increase in coconut oil production indirectly leads to the rise in copra cake production. Asia Pacific is the largest market of the copra cake although Africa and Latin America present an opportunity to expand.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Tantuco Enterprises (Philippines), CIIF OMG (Philippines), Greenville Agro Corporation (Philippines), Samar Coco Products (Philippines), SC Global (Philippines), Primex Group (Philippines), Vijaya Enterprises (India), CK And Co. (India), P K Feeds & Manures (India) and Vaighai Agro Products Limited (India) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Milling Copra and Edible Copra) , by application (Human Food and Animal Feed) and major geographies.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Copra Cake market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Tantuco Enterprises (Philippines), CIIF OMG (Philippines), Greenville Agro Corporation (Philippines), Samar Coco Products (Philippines), SC Global (Philippines), Primex Group (Philippines), Vijaya Enterprises (India), CK And Co. (India), P K Feeds & Manures (India) and Vaighai Agro Products Limited (India).
Market players are focusing on providing copra cake with higher quality along with complying all regulatory standards to fascinate more end users. They are also focusing on the introduction of numerous advanced & attractive features to further offer qualified copra cake. The market is fragmented owing to the presence of several international and local providers. The high focus on the offering cost effective product offerings. Besides, the numerous industry profitability has led the entry of new players, in turn, increasing the level of rivalry in the already competitive market.
Influencing Trend:
Major Adaptability for Copra Cake over Other Feed Ingredients
Market Growth Drivers:
Increasing Horse and Cattle Farming creating Higher Demand for the Copra Cake and Huge focused towards Nature Friendly Materials
Challenges:
Challenge of Huge Number of Market Players and Presence of Substitutes
Restraints:
Impact on Feed Intake Capacity with lower Protein Content
Opportunities:
Growing Focus on serving Pretentious Feed to the Domestic Animals and Augmenting Inclination towards Copra Cake especially for the Horses
Key highlights of the Global Copra Cake market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Copra Cake market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Copra Cake market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Copra Cake Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Copra Cake market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Copra Cake market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using 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>.
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 include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.