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The packaged coconut milk market size is projected to increase by USD 1.38 billion and the market size is estimated to grow at a CAGR of 14.97% between 2023 and 2028. The rising adoption of a vegan lifestyle globally is poised to drive market growth for packaged coconut milk during the forecast period. Health-conscious consumers are increasingly embracing veganism, attracted by its promise of better prosperity, detoxification, and moral concerns related to creatures. This vegan-friendly movement has experienced remarkable growth, with a three-fold increase over the past decade. Moreover, as consumers become more aware through social media and online advertisements, they are increasingly inclined to reduce their consumption of animal-derived products. The rising demand for coconut milk is further fuelled by the increasing popularity of specialty foods and the health and wellness trend.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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