Coconut trees are hard to grow in the UK because these trees require high temperatures and humidity. They are abundant in tropical countries. Since they are not widespread in the UK, coconut-based businesses give a good market as long as you find your sources. It’s because your competition will not be that much. There are coconut milk UK suppliers that get their products from other countries, which they then offer to local clients and companies. There are various coconut products that you can sell and here are some of them.
Coconut water
In a 2017 article posted by The Guardian, it talked about how Britons were crazy over coconut water. It was a big hit, and it was forecasted to be a continuously growing market, especially with all the health benefits that it offers. Moreover, celebrities, including Rihanna and Madonna, loved it, which made it even more popular. You too can start a business selling coconut water. With the hype on this drink, there is a big chance for you to earn more.
Baked goods
If you are into baking, you can also incorporate coconut into your products. Many bakers use desiccated coconut on their cupcakes and other baked goods, giving them natural sweetness. Grated coconuts are available in varying sizes. You may find extra fine, medium and fine varieties, depending on your preference. Moreover, you may also choose from those with reduced fat and ones with full fat.
Coconut candies
Coconut candies are popular in Asian countries, especially in Vietnam. These candies are also widespread in the United States, but not in the UK. You can be one of the few who may want to start a business with this coconut product. If you love making candies, it’s something to consider. Search for recipes or create your own. Keep practising until you find the perfect recipe for your coconut candies. One example is chocolate with desiccated coconut filling like the famous American brand Almond Joy.
Coconut oil
There are several uses for coconut oil, making it another promising business opportunity. One of its most popular applications is for cooking. It is safer than other types of oil, especially when cooking at high temperatures. Some oils produce toxic substances when exposed to high heat, making them dangerous for health. Other uses of coconut oil are for moisturizing skin, keeping the hair healthy, and speeding up the healing of wounds.
Coconut spread
Yes, it’s not only peanuts, berries, and purple yams that you can turn into spreads, but coconuts too. Again, develop a recipe that will delight the taste of your market. Make sure that it has a long shelf life so that clients can use it for an extended period.
Coconut vinegar
It’s a healthier alternative to commercial vinegar, and it can be used for dipping, pickling and as a salad dressing. Coconut vinegar is also ideal for those with diabetes since its glycaemic index is low.
A coconut-based business can be lucrative; especially if you don’t have stiff competition in the market.