Coconut Milk Powder Coconut Milk powder is a popular cooking ingredient that is 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 it’s own as light coconut milk or coconut cream when mixed with warm water.