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Low Fat Coconut Milk Market Size, Share and Forecast 2026-2036

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.

USD 359 mnMarket size 2026
USD 613 mnForecast 2036
5.5%CAGR 2026-2036
United StatesLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

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.

ScopeReduced-fat coconut milk in cans, cartons and pouches for cooking, sold through retail, foodservice and to food makers.
IndustryFood and Beverage
Value 2025USD 340 mn
Value 2026USD 359 mn
Value 2036USD 613 mn
CAGR 2026-20365.5%
Volume 2026355 million litres
Volume 2036549 million litres
Average price 2026USD 1.01 per litre
Report priceStarts from USD 1,999
PublishedNovember 2026

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Low Fat Coconut Milk market size and forecast, 2026-2036

Exhibit 1The global low fat coconut milk market is forecast to grow from USD 359 mn in 2026 to USD 613 mn by 2036, a rise of 71%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 5.5%
Low Fat Coconut Milk market value, 2025 to 2036Market value by year. 2025: USD 340 mn; 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. Compound annual growth rate 2026 to 2036: 5.5%.2025359 mn2026469 mn2031613 mn20365.5% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 359 mn
2027USD 378 mn
2028USD 399 mn
2029USD 421 mn
2030USD 444 mn
2031USD 469 mn
2032USD 495 mn
2033USD 522 mn
2034USD 550 mn
2035USD 581 mn
2036USD 613 mn

Low Fat Coconut Milk market segmentation

By pack

Exhibit 2Cans is the largest segment by pack, with 62.0% of 2026 revenueEstimated share of 2026 global revenue, by pack
Low Fat Coconut Milk market share by pack, 2026Share of 2026 revenue by pack. Cans: 62.0%; Cartons: 24.0%; Pouches and others: 14.0%.Cans62.0%Cartons24.0%Pouches and others14.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Cans62.0%56.7%USD 222 mn4.6%
Cartons24.0%27.8%USD 86 mn7.1%
Pouches and others14.0%15.5%USD 50 mn6.6%

By channel

Exhibit 3Retail adds the most revenue by channel, growing from USD 230 mn in 2026 to USD 372 mn by 2036Estimated revenue in USD by channel, 2026 and 2036 forecast
Low Fat Coconut Milk market by channel, 2026 and 2036Revenue by channel in 2026 and 2036. Retail: USD 230 mn in 2026, USD 372 mn in 2036, change +62%; Foodservice: USD 86 mn in 2026, USD 161 mn in 2036, change +87%; Food makers: USD 43 mn in 2026, USD 80 mn in 2036, change +87%.20262036 forecastChangeRetail+62%230 mn372 mnFoodservice+87%86 mn161 mnFood makers+87%43 mn80 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Retail64.0%60.7%USD 230 mn4.9%
Foodservice24.0%26.2%USD 86 mn6.4%
Food makers12.0%13.1%USD 43 mn6.4%

By fat level

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Light (5 to 10 percent fat)46.0%44.0%USD 165 mn5.0%
Reduced (10 to 15 percent)34.0%34.0%USD 122 mn5.5%
Ultra-light (below 5 percent)20.0%22.0%USD 72 mn6.5%

By label claim

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Conventional72.0%67.0%USD 258 mn4.7%
Organic20.0%24.0%USD 72 mn7.4%
Fair trade and other certified8.0%9.0%USD 29 mn6.8%

By use

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Curries and savoury cooking46.0%43.0%USD 165 mn4.8%
Desserts and baking24.0%24.0%USD 86 mn5.5%
Beverages and smoothies20.0%23.0%USD 72 mn7.0%
Other uses10.0%10.0%USD 36 mn5.5%

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%.

Exhibit 4United States is the largest country market at USD 72 mn in 2026, and the three largest countries hold 39.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Low Fat Coconut Milk market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 72 mn, 20.0%; Thailand: USD 36 mn, 10.0%; Indonesia: USD 32 mn, 9.0%; China: USD 29 mn, 8.0%; India: USD 25 mn, 7.0%; United Kingdom: USD 22 mn, 6.0%; Germany: USD 14 mn, 4.0%; Philippines: USD 14 mn, 4.0%; Malaysia: USD 13 mn, 3.5%; Australia: USD 13 mn, 3.5%.United States72 mn 20.0%Thailand36 mn 10.0%Indonesia32 mn 9.0%China29 mn 8.0%India25 mn 7.0%United Kingdom22 mn 6.0%Germany14 mn 4.0%Philippines14 mn 4.0%Malaysia13 mn 3.5%Australia13 mn 3.5%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 72 mn20.0%USD 110 mn4.3%
2ThailandUSD 36 mn10.0%USD 58 mn4.8%
3IndonesiaUSD 32 mn9.0%USD 59 mn6.3%
4ChinaUSD 29 mn8.0%USD 61 mn7.9%
5IndiaUSD 25 mn7.0%USD 53 mn7.8%
6United KingdomUSD 22 mn6.0%USD 34 mn4.8%
7GermanyUSD 14 mn4.0%USD 23 mn5.0%
8PhilippinesUSD 14 mn4.0%USD 23 mn5.0%
9MalaysiaUSD 13 mn3.5%USD 20 mn4.9%
10AustraliaUSD 13 mn3.5%USD 20 mn4.9%
11CanadaUSD 10 mn2.9%USD 15 mn4.0%
12FranceUSD 7.3 mn2.0%USD 11 mn4.0%
13NetherlandsUSD 6.0 mn1.7%USD 8.8 mn4.0%
14SingaporeUSD 5.2 mn1.4%USD 9.8 mn6.6%
15Sri LankaUSD 4.6 mn1.3%USD 8.8 mn6.6%
16VietnamUSD 4.2 mn1.2%USD 10.0 mn9.0%
17BrazilUSD 3.9 mn1.1%USD 7.4 mn6.6%
18MexicoUSD 3.7 mn1.0%USD 6.9 mn6.6%
19ItalyUSD 3.4 mn1.0%USD 5.1 mn4.0%
20SpainUSD 3.3 mn0.9%USD 4.8 mn4.0%
21JapanUSD 3.1 mn0.9%USD 4.6 mn4.0%
22Saudi ArabiaUSD 3.0 mn0.8%USD 5.6 mn6.6%
23South AfricaUSD 2.9 mn0.8%USD 4.2 mn4.0%
24New ZealandUSD 2.8 mn0.8%USD 4.1 mn4.0%
25United Arab EmiratesUSD 2.6 mn0.7%USD 5.1 mn6.7%
Rest of worldUSD 23 mn6.5%USD 39 mn5.2%
Exhibit 5United States and China account for 28% of the USD 254 mn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Low Fat Coconut Milk market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 359 mn. United States: +USD 38 mn; China: +USD 33 mn; India: +USD 28 mn; Indonesia: +USD 27 mn; Thailand: +USD 22 mn; 20 other countries: +USD 91 mn; Rest of world: +USD 15 mn. Market value 2036: USD 613 mn.Market value 2026359 mnUnited States+38 mnChina+33 mnIndia+28 mnIndonesia+27 mnThailand+22 mn20 other countries+91 mnRest of world+15 mnMarket value 2036613 mn

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.

Read the full research methodology

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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