Coconut Milk and Cream Market: The Influence of Vegan and Dairy-Free Diets
Coconut Milk and Cream Market: A Growing Global Trend Coconut milk and cream have become essential ingredients in the kitchens of people around the world. Derived from the flesh of mature coconuts, these dairy-free alternatives have gained popularity not only among vegans and lactose-intolerant individuals but also among health-conscious consumers and culinary enthusiasts. The global coconut milk and cream market has witnessed remarkable growth in recent years, driven by various factors such as changing dietary preferences, increasing awareness of the health benefits, and the versatile use of these products in both traditional and modern cuisines. Market Overview The coconut milk and cream market is experiencing significant expansion, with a compound annual growth rate (CAGR) exceeding 8% over the past few years. This growth can be attributed to several key factors. First and foremost is the increasing demand for plant-based alternatives to dairy products. As consumers become more