Market overview
The global low fat coconut milk market is worth USD 359 mn in 2026 and is forecast to reach USD 613 mn by 2036, growing at a 5.5% CAGR. United States is the largest country market and Cans is the largest by pack segment.
| Scope | Reduced-fat coconut milk in cans, cartons and pouches for cooking, sold through retail, foodservice and to food makers. |
|---|---|
| Industry | Food and Beverage |
| Value 2025 | USD 340 mn |
| Value 2026 | USD 359 mn |
| Value 2036 | USD 613 mn |
| CAGR 2026-2036 | 5.5% |
| Volume 2026 | 355 million litres |
| Volume 2036 | 549 million litres |
| Average price 2026 | USD 1.01 per litre |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Low Fat Coconut Milk market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 359 mn |
| 2027 | USD 378 mn |
| 2028 | USD 399 mn |
| 2029 | USD 421 mn |
| 2030 | USD 444 mn |
| 2031 | USD 469 mn |
| 2032 | USD 495 mn |
| 2033 | USD 522 mn |
| 2034 | USD 550 mn |
| 2035 | USD 581 mn |
| 2036 | USD 613 mn |
Low Fat Coconut Milk market segmentation
By pack
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Cans | 62.0% | 56.7% | USD 222 mn | 4.6% |
| Cartons | 24.0% | 27.8% | USD 86 mn | 7.1% |
| Pouches and others | 14.0% | 15.5% | USD 50 mn | 6.6% |
By channel
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Retail | 64.0% | 60.7% | USD 230 mn | 4.9% |
| Foodservice | 24.0% | 26.2% | USD 86 mn | 6.4% |
| Food makers | 12.0% | 13.1% | USD 43 mn | 6.4% |
By fat level
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Light (5 to 10 percent fat) | 46.0% | 44.0% | USD 165 mn | 5.0% |
| Reduced (10 to 15 percent) | 34.0% | 34.0% | USD 122 mn | 5.5% |
| Ultra-light (below 5 percent) | 20.0% | 22.0% | USD 72 mn | 6.5% |
By label claim
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Conventional | 72.0% | 67.0% | USD 258 mn | 4.7% |
| Organic | 20.0% | 24.0% | USD 72 mn | 7.4% |
| Fair trade and other certified | 8.0% | 9.0% | USD 29 mn | 6.8% |
By use
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Curries and savoury cooking | 46.0% | 43.0% | USD 165 mn | 4.8% |
| Desserts and baking | 24.0% | 24.0% | USD 86 mn | 5.5% |
| Beverages and smoothies | 20.0% | 23.0% | USD 72 mn | 7.0% |
| Other uses | 10.0% | 10.0% | USD 36 mn | 5.5% |
Top 25 countries for low fat coconut milk by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 75.0% of 2026 revenue and the 25 countries below together hold 93.5%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | United States | USD 72 mn | 20.0% | USD 110 mn | 4.3% |
| 2 | Thailand | USD 36 mn | 10.0% | USD 58 mn | 4.8% |
| 3 | Indonesia | USD 32 mn | 9.0% | USD 59 mn | 6.3% |
| 4 | China | USD 29 mn | 8.0% | USD 61 mn | 7.9% |
| 5 | India | USD 25 mn | 7.0% | USD 53 mn | 7.8% |
| 6 | United Kingdom | USD 22 mn | 6.0% | USD 34 mn | 4.8% |
| 7 | Germany | USD 14 mn | 4.0% | USD 23 mn | 5.0% |
| 8 | Philippines | USD 14 mn | 4.0% | USD 23 mn | 5.0% |
| 9 | Malaysia | USD 13 mn | 3.5% | USD 20 mn | 4.9% |
| 10 | Australia | USD 13 mn | 3.5% | USD 20 mn | 4.9% |
| 11 | Canada | USD 10 mn | 2.9% | USD 15 mn | 4.0% |
| 12 | France | USD 7.3 mn | 2.0% | USD 11 mn | 4.0% |
| 13 | Netherlands | USD 6.0 mn | 1.7% | USD 8.8 mn | 4.0% |
| 14 | Singapore | USD 5.2 mn | 1.4% | USD 9.8 mn | 6.6% |
| 15 | Sri Lanka | USD 4.6 mn | 1.3% | USD 8.8 mn | 6.6% |
| 16 | Vietnam | USD 4.2 mn | 1.2% | USD 10.0 mn | 9.0% |
| 17 | Brazil | USD 3.9 mn | 1.1% | USD 7.4 mn | 6.6% |
| 18 | Mexico | USD 3.7 mn | 1.0% | USD 6.9 mn | 6.6% |
| 19 | Italy | USD 3.4 mn | 1.0% | USD 5.1 mn | 4.0% |
| 20 | Spain | USD 3.3 mn | 0.9% | USD 4.8 mn | 4.0% |
| 21 | Japan | USD 3.1 mn | 0.9% | USD 4.6 mn | 4.0% |
| 22 | Saudi Arabia | USD 3.0 mn | 0.8% | USD 5.6 mn | 6.6% |
| 23 | South Africa | USD 2.9 mn | 0.8% | USD 4.2 mn | 4.0% |
| 24 | New Zealand | USD 2.8 mn | 0.8% | USD 4.1 mn | 4.0% |
| 25 | United Arab Emirates | USD 2.6 mn | 0.7% | USD 5.1 mn | 6.7% |
| Rest of world | USD 23 mn | 6.5% | USD 39 mn | 5.2% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Theppadungporn Coconut (Chaokoh)
- Thai Agri Foods (Aroy-D)
- Ayam Brand
Group 2: Regional and specialist players
- Goya Foods
- Edward & Sons
- Pulau Sambu
- Maesri
- Mae Ploy
- Real Thai
- Nature's Charm
Group 3: Emerging and niche players
- Kara
- Thai Kitchen
- Natural Value
- Taste of Thai
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the low fat coconut milk market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 5.5% is calculated from the resulting values.
The market is divided by pack, by channel, by fat level, by label claim, by use. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the low fat coconut milk market?
The global low fat coconut milk market is estimated at USD 340 mn in 2025 and USD 359 mn in 2026.
How fast will the low fat coconut milk market grow?
It is forecast to reach USD 613 mn by 2036, a compound annual growth rate of 5.5% from 2026, an increase of USD 254 mn.
Which country is the largest market for low fat coconut milk?
United States is the largest market by revenue at USD 72 mn in 2026, 20.0% of the global total. The three largest countries together hold 39.0%.
Which country is growing fastest?
Among the ten largest markets, China is growing fastest at 7.9% a year from 2026 to 2036.
Which low fat coconut milk segment is largest?
In the by pack split, Cans is the largest segment with 62.0% of 2026 revenue.
Who are the leading low fat coconut milk companies?
Global leaders include Theppadungporn Coconut (Chaokoh), Thai Agri Foods (Aroy-D), Ayam Brand.
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