European imports of coconut milk are expected to continue growing thanks to the unique flavour and qualities of coconut milk. This growth is driven by the popularity of plant-based foods and beverages and a wider adoption of international cuisine. Opportunities for new developing-country suppliers can be found in supplying high-quality coconut milk and cream to the large European markets. New suppliers should be aware of strong competition from Southeast Asian origins.
Europe is an important importer of coconut milk in liquid and powder form. The European coconut milk market is expected to grow by around 5% annually in the next five years. This forecast is based on current trends and the various applications of the product. Coconut milk is a popular dairy substitute with a tropical flavour. The main market segments are Asian cuisine and plant-based foods and beverages. The confectionery and dairy industries use coconut milk to create unique flavours and products.
The German market is a good market for Asian dishes and a lot of people cook at home. It is a huge market for coconut milk in cans. Southern European countries like Portugal, Spain and Italy do not have the same tendency to consume Asian dishes at home, which is reflected in the demand for canned coconut milk.
Stefan Reiß, Managing Director, Green Coco Europe GmbH
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Melon aisles are booming in European supermarkets. Sweet profits or bitter losses depend on knowing the market inside out. Our free CBI webinar will teach you which melon varieties and origins win space on European shelves. We will also discuss how to meet strict quality and residue rules.
Market expert Warner Uiterwijk will present the latest import volumes and consumer trends. Melon expert Frank Ocampo will share practical tips on:
Spain is Europe’s fourth-largest import market for green coffee, with 81% sourced directly from producing countries. Although Spain has traditionally been a market with a high demand for lower-quality beans, it is slowly changing and moving closer to coffee trends in Northern Europe. Rising incomes and increasing awareness of health and sustainability are driving these changes. Spain is also Europe’s largest market for decaffeinated coffee, and the demand for certified and specialty coffee is growing.
Europe is an attractive market for exporters of Acacia gum from developing countries. European countries have a strong food and drinks sector with a growing demand for packaged and fibre-enriched foods, in which Acacia gum is an important ingredient. Sustainability and traceability are important trends. As an Acacia gum exporter located in a developing country, you must comply with strict contamination, control, and traceability regulations. Importers are the most attractive channel for entering the market.
Outdoor games and toys offer interesting opportunities. Most Europeans have access to a garden or another outdoor area, and playing outside offers affordable entertainment when budgets are tight. There is also a growing interest in green outdoor spaces. The mid- to high-end segments of the European outdoor games and toys market have the most potential for you. To target these segments, you can add value through your design, craftsmanship and sustainability.
Hammocks offer interesting opportunities. With more and more Europeans using their gardens as extra living space, they buy hammocks for comfort and/or decoration. The mid- to high-end segments of the European hammock market have the most potential for you. To target these segments, you can add value through your design, craftsmanship, functionality and sustainability.
Exporting chocolate to Europe is a great opportunity for chocolate makers from developing countries. This is because Europe is the largest chocolate importer in the world. This study shows a growing trend of importing chocolate and cocoa-based products (HS 1806) from developing countries into Europe. This is driven by a strong demand for premium and speciality chocolates, including single-origin and artisanal chocolates. However, consumers are increasingly prioritising ethically sourced products and unique and innovative flavours.