Coconut milk is on the rise, expected to increase sales
The North American market will be a major consumer of coconut milk according to a Future Market Insights report. Sales reportedly hit $830 million end of 2017 with a quarter of the profits coming from North America. According to Food Dive, “coconut milk sales are projected to expand around the world by a 7.3% compound annual growth rate between 2017 and 2027.” There is a demand for plant-based and organic beverages that are lactose and dairy free so this is a reason for the c