The global coconut milk market size is projected to grow from USD 1,009.07 million in 2021 to USD 2,172.49 million in 2028. The surging usage of plant-based milk in various food items, such as smoothies, yogurt, cakes, and other similar items would affect growth positively. In April 2021, for instance, Dunkin’ Donuts LLCannounced its plans to launchcoconut milk in its menu in the U.S. by the end of April. It will come in three flavors: blueberry pomegranate, golden peach, and pink strawberry. Fortune Business Insights™published this information in a report, titled, “Coconut Milk Market, 2021-2028.” The report further states that the market stood at USD 919.57 million in 2020. It is set to exhibit a CAGR of 11.58% in the forecast period between 2021-2028.
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