Coconut Milk Powder Coconut Milk powder is a popular cooking ingredient that is often used in Southeast Asian and other cuisines. Coconut Milk Powder is great as a coffee creamer, soups, curries, puddings, sauces, ice cream, smoothies or as a great substitute for most baked goods that use milk. This powder offers a great cooking option to increase consistency and thickness of dishes. It is also delicious on its own as light coconut milk or coconut cream when mixed with warm water. After opening, store in a cool, dry place to preserve shelf life.