Food & Beverages
Middle East Ovine Market
| Label | Bottles | Cans | Pouches | Others |
|---|---|---|---|---|
| 2016 | 8 USD Mn | 9.5 USD Mn | 4.6 USD Mn | 3.3 USD Mn |
| 2017 | 9.2 USD Mn | 10.9 USD Mn | 5.3 USD Mn | 3.8 USD Mn |
| 2018 | 10.6 USD Mn | 12.5 USD Mn | 6.1 USD Mn | 4.3 USD Mn |
| 2019 | 12.1 USD Mn | 14.3 USD Mn | 6.9 USD Mn | 4.9 USD Mn |
| 2020 | 13.7 USD Mn | 16.3 USD Mn | 7.9 USD Mn | 5.5 USD Mn |
| 2021 | 15.7 USD Mn | 18.5 USD Mn | 9 USD Mn | 6.3 USD Mn |
| 2022 | 17.8 USD Mn | 21.1 USD Mn | 10.2 USD Mn | 7.1 USD Mn |
| 2023 | 20.3 USD Mn | 24.1 USD Mn | 11.6 USD Mn | 8 USD Mn |
Data Source: Wantstats Repository
Africa is one of the fastest-growing regions in the global coconut milk market, with a demand for variety of coconut milk products. The packaging type of coconut milk is a crucial factor that affects the shelf life and quality of the product. In recent years, there has been a significant shift in consumer preference towards sustainable and eco-friendly packaging, which has led to the emergence of innovative packaging types in the African coconut milk market.
One of the commonly used packaging types in the region is tetra pack, which offers convenience and ease of use for consumers. The tetra pack is aseptic, meaning it can maintain product freshness without the need for preservatives, making it a popular choice among health-conscious consumers. This type of packaging is also lightweight and has a longer shelf life, making it suitable for distribution and storage in rural areas with limited access to refrigeration facilities.
There has been a growing trend towards using pouch packaging in the African coconut milk market. Pouch packaging is cost-effective and has a low carbon footprint, making it a sustainable option for manufacturers. Additionally, pouches have a higher filling capacity, allowing for more product to be packed, resulting in cost savings for both manufacturers and consumers. This type of packaging is also convenient for on-the-go consumption and is gaining popularity among the younger demographic in urban areas.
In recent years, there has been a rise in demand for glass jars as packaging for premium coconut milk products in the region. Glass jars are considered a premium packaging type due to their aesthetic appeal and the perception of the product being of higher quality. They also provide better protection against external factors such as light and oxygen, ensuring the product's freshness and quality are maintained for a longer period.
The rise of e-commerce in Africa has also influenced the packaging type of coconut milk. With the increasing preference for online shopping, there has been a demand for packaging that is lightweight, durable, and can be shipped easily. This has led to the adoption of flexible packaging, such as stand-up pouches, as it meets the requirements of e-commerce packaging.
In conclusion, the packaging type in the African coconut milk market is evolving, driven by consumer demand for convenience, sustainability, and premium quality. Manufacturers need to stay abreast of these changing trends and adapt their packaging strategies to remain competitive in the market.
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Senior Retail Manager, LG Chem
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Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
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Africa Coconut Milk Market, By Packaging Type
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