The China Coconut Product Market is expected to grow with more than 8% CAGR from 2024 to 2029, sustainability drive.
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China imports most of its Coconut from India, Vietnam and Sri Lanka. China permitted fresh coconut imports from Cambodia. "Cambodian coconuts are reasonably priced and of excellent quality. There is a shortage of their aromatic coconut kind in China. Chinese customers are not unfamiliar with coconuts. The Coconut Palm Group's coconut milk has long been a staple in households, serving up at family gatherings alongside Coca-Cola and Pepsi. However, as bubble tea gained popularity and took center stage, coconut milk's appeal began to decline. The primary countries of origin for China's million Tonnes of coconut imports in 2022 were Thailand, Indonesia, Vietnam, and the Philippines. Supplier of coconut products from Malaysia, Karta International, reported that its coconut water has become well-known in China and is selling well on Pinduoduo and Douyin. The establishment of the China-ASEAN Free Trade Area and the Regional Comprehensive Economic Partnership (RCEP), which provided tariff-free policies, wider market access, and faster customs processing, have also helped the marketing of Southeast Asian fruits, particularly coconuts, in China. Only 10% of China's total domestic demand for coconuts can be satisfied by domestic production; the remaining coconuts must be imported from nations like the Philippines, Thailand, Vietnam, and Indonesia. Chinese customers are becoming increasingly health-conscious, in line with global trends. Products made from coconuts are thought to be natural and nourishing, which fits with the expanding consciousness of wellbeing and health. Chinese cuisine makes use of coconut goods, especially in fusion meals that feature flavors from the tropics. You may use coconut milk and coconut cream in savory and sweet recipes.
According to the research report "China Coconut Products Market Overview, 2029," published by Bonafide Research, the China Coconut Product Market is expected to grow with more than 8% CAGR from 2024 to 2029. Chinese consumers are choosing foods more and more with their health and wellbeing in mind. Products made from coconuts, especially milk and water, are thought to be natural and healthier substitutes for dairy and sugar-filled beverages. This trend is supported by their high electrolyte, critical mineral and dietary fiber content, which draws in health-conscious customers looking for wholesome solutions. Coconut is becoming more and more common in savory foods like curries, soups, stews, and even baked items, in addition to typical desserts and beverages. Culinary adventurers and home cooks alike are drawn to the coconut market by its newfound versatility in cooking. In the provinces of the south, China is rapidly expanding its coconut farming sector. In addition to cutting expenses and decreasing reliance on imports, this local production raises sustainability issues. Customers choose locally based goods because they are more conscious of how their decisions affect the environment. In Chinese culture, the coconut is positively correlated with luxury, health, and tropical getaways. This emotional bond gives coconut products more appeal, influencing consumer choices and propelling market expansion. The overall market is anticipated to acquire additional impetus over the projection period due to the growing application of coconut derivatives including oil and milk, as well as the growing number of health benefits associated with them. This is due to the growing use of coconut derivatives in China.
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