One of the key trends in the coconut products market is the shift towards organic products. Consumers are increasingly preferring organic certified coconut products over conventional ones due to rising health awareness. Various companies are launching organic coconut products made from coconuts grown without the use of pesticides and chemical fertilizers. For instance, Nestle launched its organic coconut milk under the brand name Nature's Promise. The product is made from coconuts grown on family farms in Sri Lanka using organic practices. Furthermore, it is certified as organic by Quality Assurance International (QAI).
The global coconut products market is segmented on the basis of product type and application. By product type, the market is divided into coconut water, coconut oil, coconut milk, dried coconut products, and others. The coconut oil segment dominates the market and is expected to witness high growth over the forecast period. Coconut oil is widely used in cooking applications and also possesses various health benefits such as weight management and heart health. This is a key factor driving the growth of the coconut oil segment.
The Global Coconut Products Market Size is expected to witness high growth, exhibiting CAGR of 9.2% over the forecast period, due to increasing health consciousness among consumers and growing awareness about various health benefits of coconut products.
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https://healthcarelatesteditionnews.blogspot.com/2023/11/coconut-water-is-fasted-growing-segment.html
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