Virgin Coconut Oil Market, By Product Type (Refined and Unrefined), By Application (Food & Beverages, Beauty and Cosmetics, Pharmaceuticals and Others), By Distribution Channel (Online Channel and Offline Channel), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI113819 | Publish Date: March 2024 | No. of Pages: 168

Global Virgin Coconut Oil Market Overview

Introduction:

Coconut is a global plantation and is grown in more than 80 countries. The coconut oil is extracted from coconut and has significant usage in toiletry, food and various industrial sectors. Besides ordinary coconut oil extracted from coconut, there has been an inclination in the demand for virgin coconut oil over the past few years. The virgin coconut oil (VCO) is generally extracted from fresh coconut milk procured from 12 months of pollination of coconut either by natural or mechanical techniques. The VCO is very rich in fatty acid and it includes vitamin, minerals, and antioxidants. It is composed of many nutrients that can contribute to your health and to a good diet. It’s full of fatty acids that your body needs and may help improve cognitive functions, metabolism, and hair and skin health. Drinking virgin coconut oil everyday improves heart health, digestion, heals burn, kills harmful pathogens, along with many other benefits. The virgin coconut oil market accounted for US$ 1503.95 million in 2020 and is estimated to be US$ 4012.77 million by 2030 and is anticipated to register a CAGR of 10.4%.

Global Virgin Coconut Oil Market Dynamics

Rising applications of virgin coconut oil

Increasing adoption of virgin coconut oil in various end-use applications such as beauty and healthcare is a key factor driving the growth of the global market. In addition, growing perception about virgin coconut oil being healthier than other oils among the general population in developed and developing economies is a major factor expected to fuel the growth of the target market over the forecast period. Furthermore, increasing consumption of omega fatty acid will generate more demand for virgin coconut oil, thus increasing the growth of this market. Moreover, high nutritional benefits such as vitamins, minerals, antioxidants, and others obtained from this product are also supporting the sale of virgin coconut oil globally. Additionally, the augmentation of the product development together with research advancements is other significant reasons for the increasing growth of virgin coconut oil market.

However, limited production of coconuts for virgin oil extraction is restraining the growth of the global market. Also, an introduction to newer products and presence of substitutes for virgin coconut oil in the market are major factors expected to restrain the growth of the target market over the forecast period.

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Global Virgin Coconut Oil Market Segmentation

The virgin coconut oil market is segmented based on product type, application, distribution channel and region.

On the basis of product type, the global market is subdivided into refined and unrefined oils. Based on the application, the target market is segmented into food & beverages, beauty and cosmetics, pharmaceuticals and others. On the basis of distribution channel, the global market is segmented into online channel and offline channel.

Regional Insights:

The virgin coconut oil market accounted for US$ 1503.95 million in 2020 and is estimated to be US$ 4012.77 million by 2030 and is anticipated to register a CAGR of 10.4%. On region the virgin coconut oil market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is accounted for the largest revenue share in virgin coconut oil market globally and is estimated to retain its dominance in the global market during the forecast period. The region is the largest producer and exporter of virgin coconut oil compared to other regions. Asia Pacific is followed by North America due to the new product development by the key manufacturers of virgin coconut oil which is projected to be one of the main reasons for the rising growth of global virgin coconut oil products

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Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Product Type- Refined and Unrefined

By Application– Food & Beverages, Beauty & Cosmetics, Pharmaceuticals and Others

By Distribution Channel– Online Channel and Offline Channel

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the virgin coconut oil market report based on product type, application, distribution channel and region.

Segmentation- Virgin Coconut Oil Market

Virgin Coconut Oil Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
      • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
      • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
      • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Virgin Coconut Oil Market Key Players

The key players operating in the virgin coconut oil market includes MaxCare VCO, Nutiva Organic Coconut Oil, Hain Celestial Group, Barlean’s Organic Oils LLC, Tropical Traditions America, Zumi Naturals Ltd, Edward and Sons Trading Company, iTi Tropicals Inc., NMK Holdings Pvt. Ltd., and Greenville Agro Corporation.

International Islamic University of Malaysia:

The researchers had developed dental varnish and mouthwash made up of virgin coconut oil to prevent oral health problems. It is suitable for all age groups without any side effects.

Global Virgin Coconut Oil Market Company Profile

  • MaxCare VCO
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nutiva Organic Coconut Oil
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hain Celestial Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Barlean’s Organic Oils LLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Tropical Traditions America
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Zumi Naturals Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Edward and Sons Trading Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • ITI Tropicals Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Transcanna Holdings
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Greenville Agro Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Global Virgin Coconut Oil Market Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product Type
    • Market Snippet, By Application
    • Market Snippet, By Distribution Channel
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, By Product Type, Forecast Period up to 10 Years, (US$ Mn)

  • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Refined Oil
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Unrefined Oil
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Mn)

  • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Food & Beverages
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Beauty and Cosmetics
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Pharmaceuticals
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Distribution Channel, Forecast Period up to 10 Years, (US$ Mn)

  • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Direct Sales
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Indirect Sales
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Mn)

  • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Mn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Mn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Mn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Mn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Mn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
    • MaxCare VCO
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
    • Nutiva Organic Coconut Oil
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
    • Hain Celestial Group
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
    • Barlean’s Organic Oils LLC
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
    • Tropical Traditions America
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
    • Zumi Naturals Ltd
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
    • Edward and Sons Trading Company
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
    • ITI Tropicals Inc.
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
    • Transcanna Holdings
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
    • Greenville Agro Corporation
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
  • Analyst Views

Section

  • Research Methodology
  • About Us
  • Contact

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