Copra Meal Market

Copra meal is a high-quality, low-cost protein supplement from dried coconut meat. Copra meal has a high nutritional value and can be used as a source of energy, protein, and other nutrients in human and animal diets. The market for copra meals is expanding rapidly due to rising demand for sustainable food resources, increased awareness about the benefits of using vegan protein supplements, and the industry's favorable economic outlook.

Because of the growing popularity of vegan and vegetarian diets, North America is expected to experience the fastest growth rate in this market. Other important regions include Europe (mainly Germany), Latin America, the Middle East, and Africa. However, Asia Pacific will remain the dominant region, accounting for more than half of the total market. 

The main things that are causing this growth are:

• More people care about their health.
• More people were watching the environment.
• More food options for consumers.

During the forecast period, the copra meal market is expected to grow at a CAGR of more than **%. The increase is attributed to rising demand for sustainable seafood products, a growing population base, and various initiatives undertaken by multiple investors in the food processing industry. As a result, copra meal has a sizable market share in the global seafood meal market.

The soy type dominates the global copra meal market, accounting for over two-thirds of the total market share in 2018. However, other types, such as corn and palm kernels, are gaining popularity due to their nutritional properties and low price points. In addition, the global demand for plant-based proteins is increasing, which has aided the growth of the copra meal market. Growing awareness about the benefits of using copra meal in various industrial applications is also a significant driver of market growth in this sector.

Jardine Matheson Holdings Limited (JMH), Louis Dreyfus Company (LDC), Neptune Resource Management Incorporated (NPMI), and Adarco Ltd. are some of the leading companies in the copra meal market.