HomeFood & BeveragesBeverages Coconut Milk Market

Global Coconut Milk Market Size, Share & Demand Report By Product Type (Regular Coconut Milk, Coconut Cream, Powdered Coconut Milk, Condensed & Sweetened Coconut Milk, Ready-to-Drink Coconut Milk Beverages), By Nature (Conventional, Organic), By Application (Food & Beverage, Personal Care & Cosmetics, Nutraceuticals & Functional Foods, Household & Others), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialty Health Stores, Online Retail/E-commerce, Foodservice Suppliers), By End Use (Household Consumers, Food Processing Companies, Foodservice & Hospitality, Bakery & Confectionery Manufacturers, Cosmetic & Personal Care Companies), By Region & Segment Forecasts, 2026–2031

Report Code: RI3510PUB
Last Updated : May, 2026
Author : Hannah Blake

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Coconut Milk Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Coconut Milk Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Coconut Milk Market, By Product Type
    1. Introduction
      1. Market Size and Forecast, By Product Type
    2. Regular Coconut Milk
      1. Market Size and Forecast, By Region
    3. Coconut Cream
      1. Market Size and Forecast, By Region
    4. Powdered Coconut Milk
      1. Market Size and Forecast, By Region
    5. Condensed & Sweetened Coconut Milk
      1. Market Size and Forecast, By Region
    6. Ready-to-Drink Coconut Milk Beverages
      1. Market Size and Forecast, By Region
  10. Coconut Milk Market, By Nature
    1. Introduction
      1. Market Size and Forecast, By Nature
    2. Conventional
      1. Market Size and Forecast, By Region
    3. Organic
      1. Market Size and Forecast, By Region
  11. Coconut Milk Market, By Application
    1. Introduction
      1. Market Size and Forecast, By Application
    2. Food & Beverage
      1. Market Size and Forecast, By Region
    3. Personal Care & Cosmetics
      1. Market Size and Forecast, By Region
    4. Nutraceuticals & Functional Foods
      1. Market Size and Forecast, By Region
    5. Household & Others
      1. Market Size and Forecast, By Region
  12. Coconut Milk Market, By Distribution Channel
    1. Introduction
      1. Market Size and Forecast, By Distribution Channel
    2. Supermarkets & Hypermarkets
      1. Market Size and Forecast, By Region
    3. Convenience Stores
      1. Market Size and Forecast, By Region
    4. Specialty Health Stores
      1. Market Size and Forecast, By Region
    5. Online Retail/E-commerce
      1. Market Size and Forecast, By Region
    6. Foodservice Suppliers
      1. Market Size and Forecast, By Region
  13. Coconut Milk Market, By End Use
    1. Introduction
      1. Market Size and Forecast, By End Use
    2. Household Consumers
      1. Market Size and Forecast, By Region
    3. Food Processing Companies
      1. Market Size and Forecast, By Region
    4. Foodservice & Hospitality
      1. Market Size and Forecast, By Region
    5. Bakery & Confectionery Manufacturers
      1. Market Size and Forecast, By Region
    6. Cosmetic & Personal Care Companies
      1. Market Size and Forecast, By Region
  14. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. By Product Type
          1. Regular Coconut Milk
            1. Coconut Cream
              1. Powdered Coconut Milk
                1. Condensed & Sweetened Coconut Milk
                  1. Ready-to-Drink Coconut Milk Beverages
                  2. By Nature
                    1. Conventional
                      1. Organic
                      2. By Application
                        1. Food & Beverage
                          1. Personal Care & Cosmetics
                            1. Nutraceuticals & Functional Foods
                              1. Household & Others
                              2. By Distribution Channel
                                1. Supermarkets & Hypermarkets
                                  1. Convenience Stores
                                    1. Specialty Health Stores
                                      1. Online Retail/E-commerce
                                        1. Foodservice Suppliers
                                        2. By End Use
                                          1. Household Consumers
                                            1. Food Processing Companies
                                              1. Foodservice & Hospitality
                                                1. Bakery & Confectionery Manufacturers
                                                  1. Cosmetic & Personal Care Companies
                                                2. U.S.
                                                  1. By Product Type
                                                    1. Regular Coconut Milk
                                                      1. Coconut Cream
                                                        1. Powdered Coconut Milk
                                                          1. Condensed & Sweetened Coconut Milk
                                                            1. Ready-to-Drink Coconut Milk Beverages
                                                            2. By Nature
                                                              1. Conventional
                                                                1. Organic
                                                                2. By Application
                                                                  1. Food & Beverage
                                                                    1. Personal Care & Cosmetics
                                                                      1. Nutraceuticals & Functional Foods
                                                                        1. Household & Others
                                                                        2. By Distribution Channel
                                                                          1. Supermarkets & Hypermarkets
                                                                            1. Convenience Stores
                                                                              1. Specialty Health Stores
                                                                                1. Online Retail/E-commerce
                                                                                  1. Foodservice Suppliers
                                                                                  2. By End Use
                                                                                    1. Household Consumers
                                                                                      1. Food Processing Companies
                                                                                        1. Foodservice & Hospitality
                                                                                          1. Bakery & Confectionery Manufacturers
                                                                                            1. Cosmetic & Personal Care Companies
                                                                                          2. Canada
                                                                                        2. Europe
                                                                                          1. Market Size and Forecast
                                                                                            1. By Product Type
                                                                                              1. Regular Coconut Milk
                                                                                                1. Coconut Cream
                                                                                                  1. Powdered Coconut Milk
                                                                                                    1. Condensed & Sweetened Coconut Milk
                                                                                                      1. Ready-to-Drink Coconut Milk Beverages
                                                                                                      2. By Nature
                                                                                                        1. Conventional
                                                                                                          1. Organic
                                                                                                          2. By Application
                                                                                                            1. Food & Beverage
                                                                                                              1. Personal Care & Cosmetics
                                                                                                                1. Nutraceuticals & Functional Foods
                                                                                                                  1. Household & Others
                                                                                                                  2. By Distribution Channel
                                                                                                                    1. Supermarkets & Hypermarkets
                                                                                                                      1. Convenience Stores
                                                                                                                        1. Specialty Health Stores
                                                                                                                          1. Online Retail/E-commerce
                                                                                                                            1. Foodservice Suppliers
                                                                                                                            2. By End Use
                                                                                                                              1. Household Consumers
                                                                                                                                1. Food Processing Companies
                                                                                                                                  1. Foodservice & Hospitality
                                                                                                                                    1. Bakery & Confectionery Manufacturers
                                                                                                                                      1. Cosmetic & Personal Care Companies
                                                                                                                                    2. U.K.
                                                                                                                                      1. By Product Type
                                                                                                                                        1. Regular Coconut Milk
                                                                                                                                          1. Coconut Cream
                                                                                                                                            1. Powdered Coconut Milk
                                                                                                                                              1. Condensed & Sweetened Coconut Milk
                                                                                                                                                1. Ready-to-Drink Coconut Milk Beverages
                                                                                                                                                2. By Nature
                                                                                                                                                  1. Conventional
                                                                                                                                                    1. Organic
                                                                                                                                                    2. By Application
                                                                                                                                                      1. Food & Beverage
                                                                                                                                                        1. Personal Care & Cosmetics
                                                                                                                                                          1. Nutraceuticals & Functional Foods
                                                                                                                                                            1. Household & Others
                                                                                                                                                            2. By Distribution Channel
                                                                                                                                                              1. Supermarkets & Hypermarkets
                                                                                                                                                                1. Convenience Stores
                                                                                                                                                                  1. Specialty Health Stores
                                                                                                                                                                    1. Online Retail/E-commerce
                                                                                                                                                                      1. Foodservice Suppliers
                                                                                                                                                                      2. By End Use
                                                                                                                                                                        1. Household Consumers
                                                                                                                                                                          1. Food Processing Companies
                                                                                                                                                                            1. Foodservice & Hospitality
                                                                                                                                                                              1. Bakery & Confectionery Manufacturers
                                                                                                                                                                                1. Cosmetic & Personal Care Companies
                                                                                                                                                                              2. Germany
                                                                                                                                                                              3. France
                                                                                                                                                                              4. Spain
                                                                                                                                                                              5. Italy
                                                                                                                                                                              6. Russia
                                                                                                                                                                              7. Nordic
                                                                                                                                                                              8. Benelux
                                                                                                                                                                              9. Rest of Europe
                                                                                                                                                                            2. APAC
                                                                                                                                                                              1. Market Size and Forecast
                                                                                                                                                                                1. By Product Type
                                                                                                                                                                                  1. Regular Coconut Milk
                                                                                                                                                                                    1. Coconut Cream
                                                                                                                                                                                      1. Powdered Coconut Milk
                                                                                                                                                                                        1. Condensed & Sweetened Coconut Milk
                                                                                                                                                                                          1. Ready-to-Drink Coconut Milk Beverages
                                                                                                                                                                                          2. By Nature
                                                                                                                                                                                            1. Conventional
                                                                                                                                                                                              1. Organic
                                                                                                                                                                                              2. By Application
                                                                                                                                                                                                1. Food & Beverage
                                                                                                                                                                                                  1. Personal Care & Cosmetics
                                                                                                                                                                                                    1. Nutraceuticals & Functional Foods
                                                                                                                                                                                                      1. Household & Others
                                                                                                                                                                                                      2. By Distribution Channel
                                                                                                                                                                                                        1. Supermarkets & Hypermarkets
                                                                                                                                                                                                          1. Convenience Stores
                                                                                                                                                                                                            1. Specialty Health Stores
                                                                                                                                                                                                              1. Online Retail/E-commerce
                                                                                                                                                                                                                1. Foodservice Suppliers
                                                                                                                                                                                                                2. By End Use
                                                                                                                                                                                                                  1. Household Consumers
                                                                                                                                                                                                                    1. Food Processing Companies
                                                                                                                                                                                                                      1. Foodservice & Hospitality
                                                                                                                                                                                                                        1. Bakery & Confectionery Manufacturers
                                                                                                                                                                                                                          1. Cosmetic & Personal Care Companies
                                                                                                                                                                                                                        2. China
                                                                                                                                                                                                                          1. By Product Type
                                                                                                                                                                                                                            1. Regular Coconut Milk
                                                                                                                                                                                                                              1. Coconut Cream
                                                                                                                                                                                                                                1. Powdered Coconut Milk
                                                                                                                                                                                                                                  1. Condensed & Sweetened Coconut Milk
                                                                                                                                                                                                                                    1. Ready-to-Drink Coconut Milk Beverages
                                                                                                                                                                                                                                    2. By Nature
                                                                                                                                                                                                                                      1. Conventional
                                                                                                                                                                                                                                        1. Organic
                                                                                                                                                                                                                                        2. By Application
                                                                                                                                                                                                                                          1. Food & Beverage
                                                                                                                                                                                                                                            1. Personal Care & Cosmetics
                                                                                                                                                                                                                                              1. Nutraceuticals & Functional Foods
                                                                                                                                                                                                                                                1. Household & Others
                                                                                                                                                                                                                                                2. By Distribution Channel
                                                                                                                                                                                                                                                  1. Supermarkets & Hypermarkets
                                                                                                                                                                                                                                                    1. Convenience Stores
                                                                                                                                                                                                                                                      1. Specialty Health Stores
                                                                                                                                                                                                                                                        1. Online Retail/E-commerce
                                                                                                                                                                                                                                                          1. Foodservice Suppliers
                                                                                                                                                                                                                                                          2. By End Use
                                                                                                                                                                                                                                                            1. Household Consumers
                                                                                                                                                                                                                                                              1. Food Processing Companies
                                                                                                                                                                                                                                                                1. Foodservice & Hospitality
                                                                                                                                                                                                                                                                  1. Bakery & Confectionery Manufacturers
                                                                                                                                                                                                                                                                    1. Cosmetic & Personal Care Companies
                                                                                                                                                                                                                                                                  2. Korea
                                                                                                                                                                                                                                                                  3. Japan
                                                                                                                                                                                                                                                                  4. India
                                                                                                                                                                                                                                                                  5. Australia
                                                                                                                                                                                                                                                                  6. Singapore
                                                                                                                                                                                                                                                                  7. Taiwan
                                                                                                                                                                                                                                                                  8. South East Asia
                                                                                                                                                                                                                                                                  9. Rest of Asia-Pacific
                                                                                                                                                                                                                                                                2. Middle East and Africa
                                                                                                                                                                                                                                                                  1. Market Size and Forecast
                                                                                                                                                                                                                                                                    1. By Product Type
                                                                                                                                                                                                                                                                      1. Regular Coconut Milk
                                                                                                                                                                                                                                                                        1. Coconut Cream
                                                                                                                                                                                                                                                                          1. Powdered Coconut Milk
                                                                                                                                                                                                                                                                            1. Condensed & Sweetened Coconut Milk
                                                                                                                                                                                                                                                                              1. Ready-to-Drink Coconut Milk Beverages
                                                                                                                                                                                                                                                                              2. By Nature
                                                                                                                                                                                                                                                                                1. Conventional
                                                                                                                                                                                                                                                                                  1. Organic
                                                                                                                                                                                                                                                                                  2. By Application
                                                                                                                                                                                                                                                                                    1. Food & Beverage
                                                                                                                                                                                                                                                                                      1. Personal Care & Cosmetics
                                                                                                                                                                                                                                                                                        1. Nutraceuticals & Functional Foods
                                                                                                                                                                                                                                                                                          1. Household & Others
                                                                                                                                                                                                                                                                                          2. By Distribution Channel
                                                                                                                                                                                                                                                                                            1. Supermarkets & Hypermarkets
                                                                                                                                                                                                                                                                                              1. Convenience Stores
                                                                                                                                                                                                                                                                                                1. Specialty Health Stores
                                                                                                                                                                                                                                                                                                  1. Online Retail/E-commerce
                                                                                                                                                                                                                                                                                                    1. Foodservice Suppliers
                                                                                                                                                                                                                                                                                                    2. By End Use
                                                                                                                                                                                                                                                                                                      1. Household Consumers
                                                                                                                                                                                                                                                                                                        1. Food Processing Companies
                                                                                                                                                                                                                                                                                                          1. Foodservice & Hospitality
                                                                                                                                                                                                                                                                                                            1. Bakery & Confectionery Manufacturers
                                                                                                                                                                                                                                                                                                              1. Cosmetic & Personal Care Companies
                                                                                                                                                                                                                                                                                                            2. UAE
                                                                                                                                                                                                                                                                                                              1. By Product Type
                                                                                                                                                                                                                                                                                                                1. Regular Coconut Milk
                                                                                                                                                                                                                                                                                                                  1. Coconut Cream
                                                                                                                                                                                                                                                                                                                    1. Powdered Coconut Milk
                                                                                                                                                                                                                                                                                                                      1. Condensed & Sweetened Coconut Milk
                                                                                                                                                                                                                                                                                                                        1. Ready-to-Drink Coconut Milk Beverages
                                                                                                                                                                                                                                                                                                                        2. By Nature
                                                                                                                                                                                                                                                                                                                          1. Conventional
                                                                                                                                                                                                                                                                                                                            1. Organic
                                                                                                                                                                                                                                                                                                                            2. By Application
                                                                                                                                                                                                                                                                                                                              1. Food & Beverage
                                                                                                                                                                                                                                                                                                                                1. Personal Care & Cosmetics
                                                                                                                                                                                                                                                                                                                                  1. Nutraceuticals & Functional Foods
                                                                                                                                                                                                                                                                                                                                    1. Household & Others
                                                                                                                                                                                                                                                                                                                                    2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                      1. Supermarkets & Hypermarkets
                                                                                                                                                                                                                                                                                                                                        1. Convenience Stores
                                                                                                                                                                                                                                                                                                                                          1. Specialty Health Stores
                                                                                                                                                                                                                                                                                                                                            1. Online Retail/E-commerce
                                                                                                                                                                                                                                                                                                                                              1. Foodservice Suppliers
                                                                                                                                                                                                                                                                                                                                              2. By End Use
                                                                                                                                                                                                                                                                                                                                                1. Household Consumers
                                                                                                                                                                                                                                                                                                                                                  1. Food Processing Companies
                                                                                                                                                                                                                                                                                                                                                    1. Foodservice & Hospitality
                                                                                                                                                                                                                                                                                                                                                      1. Bakery & Confectionery Manufacturers
                                                                                                                                                                                                                                                                                                                                                        1. Cosmetic & Personal Care Companies
                                                                                                                                                                                                                                                                                                                                                      2. Turky
                                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                                                                                                                        1. By Product Type
                                                                                                                                                                                                                                                                                                                                                          1. Regular Coconut Milk
                                                                                                                                                                                                                                                                                                                                                            1. Coconut Cream
                                                                                                                                                                                                                                                                                                                                                              1. Powdered Coconut Milk
                                                                                                                                                                                                                                                                                                                                                                1. Condensed & Sweetened Coconut Milk
                                                                                                                                                                                                                                                                                                                                                                  1. Ready-to-Drink Coconut Milk Beverages
                                                                                                                                                                                                                                                                                                                                                                  2. By Nature
                                                                                                                                                                                                                                                                                                                                                                    1. Conventional
                                                                                                                                                                                                                                                                                                                                                                      1. Organic
                                                                                                                                                                                                                                                                                                                                                                      2. By Application
                                                                                                                                                                                                                                                                                                                                                                        1. Food & Beverage
                                                                                                                                                                                                                                                                                                                                                                          1. Personal Care & Cosmetics
                                                                                                                                                                                                                                                                                                                                                                            1. Nutraceuticals & Functional Foods
                                                                                                                                                                                                                                                                                                                                                                              1. Household & Others
                                                                                                                                                                                                                                                                                                                                                                              2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                                1. Supermarkets & Hypermarkets
                                                                                                                                                                                                                                                                                                                                                                                  1. Convenience Stores
                                                                                                                                                                                                                                                                                                                                                                                    1. Specialty Health Stores
                                                                                                                                                                                                                                                                                                                                                                                      1. Online Retail/E-commerce
                                                                                                                                                                                                                                                                                                                                                                                        1. Foodservice Suppliers
                                                                                                                                                                                                                                                                                                                                                                                        2. By End Use
                                                                                                                                                                                                                                                                                                                                                                                          1. Household Consumers
                                                                                                                                                                                                                                                                                                                                                                                            1. Food Processing Companies
                                                                                                                                                                                                                                                                                                                                                                                              1. Foodservice & Hospitality
                                                                                                                                                                                                                                                                                                                                                                                                1. Bakery & Confectionery Manufacturers
                                                                                                                                                                                                                                                                                                                                                                                                  1. Cosmetic & Personal Care Companies
                                                                                                                                                                                                                                                                                                                                                                                                2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                                  1. By Product Type
                                                                                                                                                                                                                                                                                                                                                                                                    1. Regular Coconut Milk
                                                                                                                                                                                                                                                                                                                                                                                                      1. Coconut Cream
                                                                                                                                                                                                                                                                                                                                                                                                        1. Powdered Coconut Milk
                                                                                                                                                                                                                                                                                                                                                                                                          1. Condensed & Sweetened Coconut Milk
                                                                                                                                                                                                                                                                                                                                                                                                            1. Ready-to-Drink Coconut Milk Beverages
                                                                                                                                                                                                                                                                                                                                                                                                            2. By Nature
                                                                                                                                                                                                                                                                                                                                                                                                              1. Conventional
                                                                                                                                                                                                                                                                                                                                                                                                                1. Organic
                                                                                                                                                                                                                                                                                                                                                                                                                2. By Application
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Food & Beverage
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Personal Care & Cosmetics
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Nutraceuticals & Functional Foods
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Household & Others
                                                                                                                                                                                                                                                                                                                                                                                                                        2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                                                                          1. Supermarkets & Hypermarkets
                                                                                                                                                                                                                                                                                                                                                                                                                            1. Convenience Stores
                                                                                                                                                                                                                                                                                                                                                                                                                              1. Specialty Health Stores
                                                                                                                                                                                                                                                                                                                                                                                                                                1. Online Retail/E-commerce
                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Foodservice Suppliers
                                                                                                                                                                                                                                                                                                                                                                                                                                  2. By End Use
                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Household Consumers
                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Food Processing Companies
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Foodservice & Hospitality
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Bakery & Confectionery Manufacturers
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Cosmetic & Personal Care Companies
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                                          5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                                          6. Rest of LATAM
                                                                                                                                                                                                                                                                                                                                                                                                                                      2. Competitive Landscape, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Introduction
                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Coconut Milk Market Share Analysis, 2025 (%)
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Market Share Analysis, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Competition Ranking, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Key Developments & Growth Strategies
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Merger & Acquisition
                                                                                                                                                                                                                                                                                                                                                                                                                                            2. Product Launch
                                                                                                                                                                                                                                                                                                                                                                                                                                            3. Expansion
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Consolidated SWOT Analysis of Key Players
                                                                                                                                                                                                                                                                                                                                                                                                                                      3. Company Profile
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. The Vita Coco Company
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Business Overview
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Financial Data
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Key Product domains
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Recent Developments
                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Thai Coconut Public Company Limited
                                                                                                                                                                                                                                                                                                                                                                                                                                        3. McCormick & Company
                                                                                                                                                                                                                                                                                                                                                                                                                                        4. Danone S.A.
                                                                                                                                                                                                                                                                                                                                                                                                                                        5. Nestlé S.A.
                                                                                                                                                                                                                                                                                                                                                                                                                                        6. Goya Foods Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                        7. Axelum Resources Corp.
                                                                                                                                                                                                                                                                                                                                                                                                                                        8. Celebes Coconut Corporation
                                                                                                                                                                                                                                                                                                                                                                                                                                        9. Renuka Foods PLC
                                                                                                                                                                                                                                                                                                                                                                                                                                        10. Sambu Group