In a new FactMR market report, the market research company forecasts the market development for coconut cream powder from 2018 to 2028, showing that the growing number of vegans is driving sales of coconut cream powder. Growing public awareness of health issues and increasing global lactose intolerance are also factors. In addition, the market for coconut cream powder is expected to be positively influenced by the development of consumer taste preferences.
The Coconut Collaborative’s Plant-Based Double Cre&m to Be Served at Wimbledon
UK alt-dairy brand The Coconut Collaborative has launched a plant-based alternative to double cream. Described as “wonderfully whippable”, the cream will be offered as the dairy-free option at the 2022 Wimbledon Championships. According to The Coconut Collaborative, the Double Cre&m is heat-stable and free of gluten, soy, and palm oil. It is now available at Tesco, Sainsbury’s, and Ocado, along with wholesaler Brakes. “Being chosen as a cream option for the Wimbledon Championships really shows that plant-based is becoming ever more mainstream,” James Averdieck, founder and MD of The Coconut Collaborative, told The Grocer. “We’re hugely proud to have been chosen as a supplier for one of the biggest sporting events of the summer.” US expansion In 2020, The Coconut Collaborative raised $7 million in …