Global Market for Coconut Wraps: 6.5% CAGR Expected, Projected to Reach USD 1,875.22 Million by 2033

In recent years, consumers have increasingly adopted gluten-free diets as part of a broader approach to healthy eating, which often includes grain-free or low-carb diets like paleo and keto. Additionally, the growing prevalence of gluten intolerance is driving changes in consumption patterns, resulting in a surge in demand for alternative sources of fiber. Coconut wraps are emerging as a popular substitute, effectively replacing wheat-based ingredients in products such as tortillas.

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Gluten intolerance, or celiac disease, is an autoimmune disorder in which the immune system reacts to gluten found in grains like wheat, barley, and rye. This condition damages the lining of the small intestine, resulting in malnutrition and various related health issues. With over 80% of cases remaining undiagnosed and more than 3 million people affected, particularly in the USA, there is a growing demand for gluten-free alternatives. Consequently, products such as coconut wraps are anticipated to see increased demand in the region.

Coconut wraps are rich in beneficial nutrients that support heart health and boost the immune system. Young coconut meat, in particular, is a notable source of dietary fiber, with one cup providing over 7 grams, which is more than 20% of the recommended daily intake. It also contains manganese, a vital trace mineral that strengthens bone health, offers strong antioxidant properties, reduces inflammation, and aids in the metabolism of fats and proteins. Additionally, coconut provides a healthy dose of vitamins A and E, as well as polyphenols and phytosterols, which work together to lower LDL cholesterol levels.

Coconut wraps Market: Key Participants

The key players in the global Coconut wraps market are: