North America Desiccated Coconut Market Size & Outlook
The desiccated coconut market in North America is expected to reach a projected revenue of US$ 3,132.5 million by 2030. A compound annual growth rate of 3.5% is expected of North America desiccated coconut market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,466.9
Forecast, 2030 (US$M)
$3,132.5
CAGR, 2024 - 2030
3.5%
Report Coverage
North America
North America desiccated coconut market, 2018-2030 (US$M)
North America desiccated coconut market highlights
- The North America desiccated coconut market generated a revenue of USD 2,466.9 million in 2023.
- The market is expected to grow at a CAGR of 3.5% from 2024 to 2030.
- In terms of segment, conventional was the largest revenue generating nature in 2023.
- Conventional is the most lucrative nature segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 2,466.9 million |
| Market revenue in 2030 | USD 3,132.5 million |
| Growth rate | 3.5% (CAGR from 2023 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Conventional |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional |
Other key industry trends
- In terms of revenue, North America region accounted for 25.2% of the global desiccated coconut market in 2023.
- Globally, Latin America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,847.5 million by 2030.
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Desiccated Coconut Market Scope
Desiccated coconut market segmentation & scope
Application
Bakery and Confectionery
Dairy
Health foods and supplements
Culinary
Others (Pet food, cosmetics)
Distribution Channel
Supermarkets & Hypermarkets
Convenience Stores
Online
Others
Desiccated Coconut Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America desiccated coconut market
Related regional statistics
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