The global coconut oil market is anticipated to grow at a significant CAGR of 7.1% during the forecast period. Coconut oil is a flavourless and colourless oil produced from dried or soft coconut kernels. According to Britannica, coconut oil is roughly 100 percent fat, with 90 percent of that being saturated fat. Coconut oil has 11 grammes of saturated fat per tablespoon. It doesn’t have any cholesterol in it. Coconut oil offers the greatest quantities of lauric acid in a natural source. Lauric acid is a type of saturated fat present in coconut oil. According to studies, lauric acid flows to the liver and is turned into energy rather than being stored as fat, which could help with weight loss.
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Moreover, the American Heart Association suggests that you consume no more than 13 grams of saturated fat each day. The coconut oil market is hampered by excessive saturated fat, which can cause high cholesterol and increase the risk of heart disease and stroke. According to the Centers for Disease Control and Prevention, around 659,000 individuals die from heart disease in the United States each year, accounting for one out of every four deaths. Coconut oil is an effective moisturizer for skin and hair. Furthermore, increasing use of the coconut oil in personal care, cosmetics, chemical and food industry drive the coconut oil market in the forecasted period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Coconut Oil Market by Type
- RBD
- Virgin
- Crude
Global Coconut Oil Market by Source
- Dry Coconut
- Wet Coconut
Global Coconut Oil Market by Application
- Food & Beverages
- Cosmetics & Personal Care
- Pharmaceuticals
- Others
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- ADM
- Aluan
- Aromaax International
- Barlean’s
- BO International
- Bunge Ltd.
- Celebes Coconut Corp.
- CIIF OMG
- Connoils LLC
- Edward & Sons Trading Co
- Greenville Agro Corp.
- Hancole
- iTi Tropicals Inc.
- Jax Coco
- Jiangxi Planty Manor Health Industry Co., Ltd.
- Mangga DUA
- Naturoca
- NMK Holdings Private Ltd.
- Novel Nutrients Pvt. Ltd.
- Nutiva Inc.
- Rmayra Naturals
- Royce Food Corp.
- Shree Western G & C Ind.
- Sun Bionaturals Private Ltd
- Tantuco Enterprises, Inc.
- The Hain Celestial Group
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Coconut Oil market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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