Middle East & Africa Desiccated Coconut Market Size & Outlook
The desiccated coconut market in Middle East & Africa is expected to reach a projected revenue of US$ 483.8 million by 2030. A compound annual growth rate of 2.6% is expected of Middle East & Africa desiccated coconut market from 2024 to 2030.
Revenue, 2023 (US$M)
$404.8
Forecast, 2030 (US$M)
$483.8
CAGR, 2024 - 2030
2.6%
Report Coverage
Middle East & Africa
MEA desiccated coconut market highlights
- The MEA desiccated coconut market generated a revenue of USD 404.8 million in 2023.
- The market is expected to grow at a CAGR of 2.6% 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.
MEA data book summary
| Market revenue in 2023 | USD 404.8 million |
| Market revenue in 2030 | USD 483.8 million |
| Growth rate | 2.6% (CAGR from 2024 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 |
| Key market players worldwide | Celebes Coconut Corporation, The Goldman Sachs Group Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.1% 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Celebes Coconut Corporation | View profile | - | Butuan City, Butuan, Philippines, Asia | https://www.celebes.com/ |
| The Goldman Sachs Group Inc | View profile | 45300 | 200 West Street, New York, NY, United States, 10282 | https://www.goldmansachs.com |
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