The market for coconut processing in India is growing rapidly and is stimulated by several factors such as new technologies, government support, and the demand for coconut products in India and other countries. Being one of the largest producers of coconuts worldwide, India has a strong interest in the coconut processing sector, which includes activities such as the extraction of coconut oil, production of desiccated coconut, processing of coconut milk, and manufacture of coconut flour. In last few years, the Indian government has launched various policies to promote the coconut processing industry, as it has the potential to generate income, employment and export revenues. Programs seek to improve yields and quality of coconuts, encourage value addition and encourage establishment of modern processing plants in the coconut producing areas in the country. These initiatives have supported the development of the coconut processing industry by supporting the financial needs of the farmers and processors, technology and market development.
Advancements in the processing equipment and technology has also contributed to increased efficiency, better quality products and a wider range of products in the market. Since the coconut oil and its derivatives, desiccated coconut, and coconut milk have gained popularity in the domestic as well as international markets, manufacturers in India have been able to install modern processing facilities with sophisticated machinery for extraction of coconut oil, desiccation of coconut, and processing of coconut milk. In addition, increase in the consumption rate of natural, organic, and healthy products has created an increased demand of the coconut products like coconut oil, coconut milk, coconut flour and coconut sugar.
In the current issue, we introduce you to the top companies in this sector. In this issue, Industry Outlook has identified the select few companies that have done particularly well in this industry with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.
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