As per research outcomes, based on value consideration the global coconut flour market is estimated to reach a mark of more than US$ 380 Mn in 2017 and is projected to cross US$ 720 Mn by the end of the forecast period. Further, the market is stated to showcase a CAGR of 6.6% in terms of value during the period 2017 – 2027.
Albany, NY -- (SBWIRE) -- 09/18/2017 -- The primary benefit of coconut flour is that it is completely gluten free, which makes it a popular dietary option among the health conscious population across the globe. To study further about its market expanse, a new report has been included in the broad collection of online reports managed by Market Research Reports Search Engine (MRRSE). This research report is titled "Coconut Flour Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027", which talks about the market share and value across different regions for the current as well as the forecasted period until 2027.
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Presently, there are millions of consumers who are allergic to wheat or possess sensitivity towards gluten. Hence, coconut flour comes as an alternative to wheat flour and is eventually becoming a substitute for wheat flour among gluten intolerant consumers. Currently, a number of products made from coconut flour is easily available in the market such as bread, pancakes, muffins, cakes, cookies, and cupcakes. These taste similar to products formed out of wheat flour. As per research outcomes, based on value consideration the global coconut flour market is estimated to reach a mark of more than US$ 380 Mn in 2017 and is projected to cross US$ 720 Mn by the end of the forecast period. Further, the market is stated to showcase a CAGR of 6.6% in terms of value during the period 2017 – 2027.
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The research study initiates with the executive summary which covers market overview and market analysis information; this works to introduce the readers with the prime motive of the study. Further, market taxonomy and parent market overview details are carefully enclosed. Information about macroeconomic factors and forecast factors are also available in this section of the report.
Geographically, the market for coconut flour is divided into North America, Latin America, Eastern Europe, Japan, Western Europe and Asia Pacific excluding Japan. Among these, the North America market is supposedly the prosperous one with impressive statistics expected for 2017. As per research findings, the coconut flour market in the North America region for 2017 is estimated to acquire a value more than US$ 140 Mn, with an anticipated CAGR growth at 6.8% over the forecast period. The market is also bifurcated on the basis of end-use which includes industrial and retail. The retail segment is segregated into a convenience store, modern trade, and e-retailers. Each of these segments is studied based on market size (US$ Mn) and volume Forecast for the period 2017 – 2027.
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