Nata de coco is gaining popularity in the United States, driven by the growing trend of Asian-inspired fusion cuisine. With a 6.9% CAGR projected through 2034, manufacturers are creating innovative nata de coco products that appeal to consumers seeking unique flavors in savory dishes, drinks, and desserts.
NEWARK, DE / ACCESSWIRE / November 14, 2024 / The nata de coco market is anticipated to surpass USD 807.4 million in 2024 and a valuation of USD 1,489.70 million by 2034. The nata de coco market size is projected to expand at an impressive CAGR of 6.30% from 2024 to 2034.
'Nata' is a Spanish word which when translated into Latin means to float, 'Nature'. Coconut water, coconut milk, sugar, and ethanoic acid are mixed together to produce Nata De Coco, an organic product. It is produced using a fermentation method with bacterial assistance.
The beverage industry mainly uses nata de cacao to make various items including ice cream, drinks, candies, cocktails, fruit salads, pickles, and others. Variety in the market will lead to a rise in demand for Nata De Coco products on a worldwide scale.
The swift expansion of eCommerce and online retailing offers an unexplored opportunity to expand the customer base and boost revenues. Manufacturers can expand beyond regional restrictions and make nata de coco available to customers worldwide by building a strong online presence and utilizing eCommerce platforms. Manufacturers can take advantage of the rising trend of online shopping by adopting eCommerce and online retailing. This would enable them to reach a wider audience and improve income through higher online sales.
Key Takeaways from the Nata De Coco Market Report
The nata de coco market size expanded at a 5.90% CAGR from 2019 to 2023.
The ice cream segment holds 28.70% of market shares in 2024.
The retailers segment captured 29.70% of market shares in 2024.
The market size in the United States is projected to rise at a 6.9% CAGR through 2034.
The market size in Germany is anticipated to develop at a 5.8% CAGR through 2034.
The market size in Japan is estimated to surge at a 4.1% CAGR through 2034.
The market size in India is expected to increase at a 5.1% CAGR through 2034.
"The demand for nata de coco is growing due to innovations in product offerings. Maintaining customer confidence and promoting growth depends heavily on following food safety regulations. Strategic relationships with e-commerce platforms and merchants can further amplify the market presence." says Nandini Roy Choudhury, Client Partner at Future Market Insights
Category-wise Insights
Will Nata De Coco top the list of End-users?
There are many ways to enjoy nata de coco, but one of the most popular is in jellies. Nata de coco is a type of coconut jelly that is often used in Filipino desserts. It has a chewy texture and a slightly sweet flavor. Nata Se Coco Jellies are a refreshing treat that can be enjoyed any time of year.
Nata de coco jellies are easy to make at home. All you need is nata de coco, sugar, water, and gelatine. Simply combine the ingredients and cook until the gelatine has dissolved. Then, pour the mixture into molds and refrigerate until firm.
What are the benefits of buying Nata De Coco Online?
Nata de coco, a traditional Filipino dessert, is now being sold online! This offers many advantages over buying it at a physical store.
First of all, buying Nata De Coco online is more convenient. You can do it from the comfort of your own home, and you don't have to worry about finding a store that sells it. Secondly, you can often find better deals online. Because there is more competition, sellers are often willing to give discounts or offer free shipping. Finally, buying online supports small businesses. When you buy from an online seller, you are directly supporting their business.
Competitive Landscape
The nata de coco market is characterized by a robust competitive landscape, encompassing established giants like Asia Farm and Goya Foods, which leverage extensive distribution networks and strong brand recognition to maintain dominance.
Meanwhile, niche firms and startups are carving out their niche by specializing in specific categories such as organic or artisanal products. Competition centers around pricing, product excellence, and distribution strategies, as players vie for shelf space and consumer interest through inventive approaches and strategic partnerships.
Recent Development
In October 2023, PT Campina Ice Cream Industry Tbk of Indonesia collaborated with Anne Avantie to introduce a new Hula Hula Alpukat with nata de coco. The new avocado ice cream with nata de coco and the collaboration with Anne Avantie represent a celebration of local pride.
Key Players in the Nata De Coco Market
Asia Farm
Coconut Delight
Fuji Natural Foods
Goya Foods
Jacobi International
Kenkko Corporation
Pan Asia Holdings
Super Coco
Tropical Harvest
Universal Ingredients
Detailed Market Study: Full Report and Analysis
https://www.futuremarketinsights.com/reports/nata-de-coco-market
Nata De Coco Market Segmentation
By End User:
Ice Cream
Dessert
Beverages and Syrups
Jellies
Confectionery
By Distribution Channel:
Retailer
Supermarket/Hypermarket
Convenience Store
Online
By Region:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Japan
Authored by:
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor's Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
Explore FMI's related ongoing Coverage in Food and Beverage Domain:
The global Leavening Agents market is estimated to be worth USD 5.7 Billion in 2024 and is projected to reach a value of USD 9.4 Billion by 2034, expanding at a CAGR of 5.1% over the assessment period of 2024 to 2034.
The firming agents market size is anticipated to rise at a CAGR of 8% from 2022 to 2032, from a value of USD 4.22 Bn in 2022 to USD 9.12 Bn by 2032.
The processed superfruit market size is estimated to reach USD 134.8 billion in 2024. Growing consumer awareness about the health benefits of superfruits, such as antioxidants, vitamins, and minerals, contributes significantly to the increasing demand for processed superfruit products.
The fermented food and beverage market is estimated to be valued at USD 575.6 billion in 2024. The fermented food and beverage market is predicted to rise at a CAGR of 8.1% from 2024 to 2034. The global fermented food and beverage market is anticipated to reach USD 1.25 trillion by 2034.
The coconut flour industry size is projected to be worth USD 2,984.2 million in 2023. The industry is likely to reach USD 6,325.6 million by 2033. The industry is further expected to surge at a CAGR of 7.8% during the forecast period 2023 to 2033.
The coconut milk market is estimated to be valued at USD 1,233.4 million in 2023. The market is expected to reach USD 2,199.4 million by 2033 developing at a CAGR of 6.3%.
The global cocoa market is likely to be valued at USD 15,156.7 million in 2023. Total cocoa sales are forecast to surge at 4.7% CAGR from 2023 to 2033, taking the market valuation to USD 23,981.1 million by the end of 2033.
The global ready-to-eat food market is expected to reach USD 195.9 billion in 2024 and USD 391.1 billion by 2034. By 2034, the market is projected to rise at a 9.2% CAGR.
The global ready-to-eat cups market industry size is expected to expand from USD 451.5 million in 2023 to USD 669.6 million by 2033. Over the next ten years (2023 to 2033), global ready-to-eat cup sales are likely to surge at 4.0% CAGR.
The global cochineal extract market size reached around USD 39,779.0 million in 2023. The market is further expected to expand at a robust CAGR of 9.3% between 2023 and 2033, totaling a valuation of USD 90,905.8 million by 2033.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website:https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
SOURCE: Future Market Insights, Inc.
View the original press release on accesswire.com
