By 2017-end, nearly 454.9 Thousand Tonnes of Coconut Flour is expected to be Consumed Globally

Coconut Flour Market

VALLEY COTTAGE, N.Y. – Key excerpts from Future Market Insights’ latest report on the global coconut flour market projects that by the end of 2026, around 850.8 Thousand Tonnes of coconut flour is expected to be consumed across the globe. Increasing awareness amongst consumers about health benefits of coconut flour is expected to fuel its demand over the next couple of years. Moreover, coconut flour is gluten-free, making it consumable for those who are allergic to wheat or are sensitive to other similar gluten-based substances. Coconut flour has emerged as a good alternative for wheat flour. In recent past coconut flour has also seen a surge in its sales, owing to the rising demand for functional flour.

In terms of production, China is the leading producer of Coconut Flour followed by Poland, Germany, Chile and Austria. Production of coconut flour in Ukraine has also spiralled in last 3 years. Meanwhile, the Western Europe region holds the top position in terms of consumption followed by North America. Most European consumers value quality and prefer natural products that are healthy and carry no side effects, hence the demand for healthy food products such as coconut flour is significantly high in this region. In North America, the U.S. is a major importer of coconut flour and accounts for a sizeable share of the market.

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The FMI report titled “Coconut Flour Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027” reveals that the global coconut flour market is set to expand at a CAGR of 6.6% to reach a valuation of 725.5 Mn by the end of forecast period. In 2017 and beyond, the market is expected to be governed by a number of trends, which include:

  • Soaring popularity of coconut flour tortillas in several parts of the world. From an exotic food item, coconut flour tortillas are now turning into mainstream pantry food.
  • In countries such as Japan and the U.S., people are trying to developing new products using coconut flour as a key ingredient. Tortilla chips made with coconut flour has been a great success and well appreciated by food lovers.
  • Coconut flour is being increasingly used in manufacturing the nutritional bars, chocolate fillings, and other baking products such as pizza base, and bread.
  • Growing demand for coconut flour based food products in the emerging countries such as China and India.
  • Increased availability of coconut flour, owing to setting up of organised retail structures in both developed and developing regions.

Preview Analysis on Global Coconut Flour Market Taxonomy By End Use – Industrial, Retail (Modern Trade, Grocery/Conventional Stores, E-retailers); By Application – Baked Products (Bread, Cookies, Cakes),Snack Foods (Multi-Grain Chips, Polvoron, Kroepeck, Extruded Products), Extruded Products, Animal Feed; By Product Form – Whole Full Fat Flour, Low Fat High Fibre Flour, Medium Fat Flour; By Technology – Fresh-Dry Process, Wet Process; By Nature – Conventional, Organic: http://www.futuremarketinsights.com/reports/coconut-flour-market

Celebs Coconut Corporation, Nutrisure Ltd., Nutiva, Inc, Bob’s Red Mill Natural Foods, Primex Coco Products Inc., The Coconut Company, Connecticut Coconut Company, Van Amerongen & Son., Healthy Traditions and Smith Naturals are some of leading manufacturers of coconut flour profiled in the FMI report.

By Shambhu Nath Jha

Shambhu Nath Jha with an experience nearing a decade, has helped over 50 large and medium to small business enterprise to foray into new markets, increase footprint in the existing bucket and understand the nature of the beast. These beasts are the companies that have been primarily engaged in chemicals, material or packaging activities, and encountering challenge either in maintain P&L or staying ahead of their competitors. He has authored over 300 industry research papers consisting critical information such as market growth, total addressable market, serviceable addressable market, market size, forecast, player strategies, market share estimates and winning imperatives along with recommendations. He is also the pioneer of “three slope distributor/off-taker evaluation model” used by several multinational companies to track the performance of channel partners. A consultant by profession, writer by mood and explorer by desire, Shambhu Nath is currently employed with a London based market research and consulting firm as a full time consultant. A few of the industry verticals where he demonstrated his skill includes water and wastewater treatment chemicals, high purity alumina, water purifiers, activated carbon, chloramine filters, bio-based bioplastics, water purifiers, textile chemicals etc.

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