What is Coconut Flour Market?
Coconut flour is refer as a soft flour made from the pulp left over after producing coconut milk. It's a one of the popular gluten-free, protein-rich substitute for traditional wheat flours. The market of coconut floor is growing due to the factor like changing lifestyles of consumers regarding health consciousness, also there is growing awareness about the gluten-free food products. While there are some of factors which is hampering the market, such as stringent regulation and lack of infrastructure in many of the region.
The market study is being classified by Type (Whole Full Fat Flour, Low Fat High Fibre Flour and Medium Fat Flour), by Application (Baked Products and Snack Foods) and major geographies with country level break-up.
Celebs Coconut Corporation (Philippines), Nutrisure (United Kingdom), Nutiva (United States), Bob's Red Mill Natural Foods (United States), Primex Coco Products (Philippines), The Coconut Company (United Kingdom), Connecticut Coconut Company (United States), Van Amerongen & Son. (Canada), Healthy Traditions (United States) and Smith Naturals (Sri Lanka) are some of the key players profiled in the study.
Segment Analysis
Analyst at AMA have segmented the market study of Global Coconut Flour market by Type, Application and Region.
On the basis of geography, the market of Coconut Flour has been segmented into 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Changing Lifestyles and Health Consciousness among Consumers
- Growing Awareness about Gluten-Free Food Products
- Increasing Consumption of Convenience as well as Healthy Food Products
Market Trend
- Rising Number of Customer from Online Channel
Restraints
- Stringent Government Regulations as well as Volatile Commodity Prices
Opportunities
- A Rise in Demand for Value-Oriented Customers
- Rapid Urbanization in Developed and Developing Countries
Challenges
- Lack of Infrastructure as well as Technological Resources in Developing Countries
Key Target Audience
Industry Investors, Coconut Flour Manufacturers, End User Industries, Traders, Distributors, and Suppliers, Government and Research Organizations and Associations and Industry Bodies