The global coconut milk market is estimated to be valued at $3,051.40 million by 2028 , surging from $1,027.50 million in 2020 , at a noteworthy CAGR of 14.60% . Impact Analysis of COVID-19 on the Coconut Milk Market The global market for coconut milk is estimated to experience a low growth amid the COVID-19 pandemic. This low growth is the result of disruption in coconut supplies due to limited transportation of raw materials along with high prices. Moreover, manufacturers of coconut products were unable to continue their manufacturing processes because of unavailability of coconuts. All such factors across the globe have hit the supply chain and it is impacting the businesses and workers engaged in it. Global Coconut Milk Market Analysis The enormous growth of the global coconut milk market is mainly attributed to increasing prevalence of Asian cuisine around the globe, as Asian cuisine uses large amount of coconut milk in various recipes. Moreover, rising ado
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