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Coconut Oil Market Size, Trends, Analysis, and Outlook By Nature (Conventional, Organic), By Source (Dry coconut, Wet coconut), By Product (RBD, Virgin, Crude), By Application (Food & beverages, Snacks & Cereals, Beverages, Nutritional products, Bakery & Confectionery, Others, Pharmaceuticals, personal care, Others), by Country, Segment, and Companies, 2024-2032

October 2024 | 190 pages | ID: C91F9DCD7AEDEN
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Global Coconut Oil Market Size is valued at $6.1 Billion in 2024 and is forecast to register a growth rate (CAGR) of 5.9% to reach $9.6 Billion by 2032.

The coconut oil market continues to grow as consumers embrace its versatile applications in food, cosmetics, and health products. The demand for virgin, cold-pressed, and organic coconut oil is rising, driven by its perceived health benefits, such as its high lauric acid content. The trend towards plant-based ingredients is further fueling coconut oil's popularity.

Coconut Oil Market Drivers, Trends, Opportunities, and Growth Opportunities

The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Coconut Oil survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Coconut Oil industry.

Key market trends defining the global Coconut Oil demand in 2025 and Beyond

The Coconut Oil industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.

Coconut Oil Market Segmentation- Industry Share, Market Size, and Outlook to 2032

Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.

Key strategies adopted by companies within the Coconut Oil industry

Leading Coconut Oil companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Coconut Oil companies.

Coconut Oil Market Study- Strategic Analysis Review

The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.

- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.

- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.

- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.

- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Coconut Oil Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Coconut Oil industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Coconut Oil Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Coconut Oil Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Coconut Oil market segments. Similarly, strong market demand encourages Canadian Coconut Oil companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Coconut Oil Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.

The German Coconut Oil industry remains the major market for companies in the European Coconut Oil industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Coconut Oil market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.

Asia Pacific Coconut Oil Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Coconut Oil in Asia Pacific. In particular, China, India, and South East Asian Coconut Oil markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Coconut Oil Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Coconut Oil Market Size Outlook- continues its upward trajectory across segments.

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Coconut Oil market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Coconut Oil.

Coconut Oil Company Profiles

The global Coconut Oil market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are Adams Group, Aluan, Archer Daniels Midland Company (ADM), Aromaax International, Bo International, Bunge Ltd, Cargill Inc, Celebes Coconut Corp, CIIF OMG, Connoils LLC, Greenville Agro Corp, Hancole, Jiangxi Planty Manor Health Industry Co. Ltd, Mangga Dua, Novel Nutrients Pvt. Ltd, Rmayra Naturals, Royce Food Corp, Shree Western G & C Ind., Sun Bionaturals Private Ltd, Tantuco Enterprises Inc.

Recent Coconut Oil Market Developments

The global Coconut Oil market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Coconut Oil Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Nature

Conventional

Organic

By Source

Dry coconut

Wet coconut

By Product

RBD

Virgin

Crude

By Application

Food & beverages

Snacks & Cereals

Beverages

Nutritional products

Bakery & Confectionery

Others

Pharmaceuticals

personal care

Others

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Adams Group

Aluan

Archer Daniels Midland Company (ADM)

Aromaax International

Bo International

Bunge Ltd

Cargill Inc

Celebes Coconut Corp

CIIF OMG

Connoils LLC

Greenville Agro Corp

Hancole

Jiangxi Planty Manor Health Industry Co. Ltd

Mangga Dua

Novel Nutrients Pvt. Ltd

Rmayra Naturals

Royce Food Corp

Shree Western G & C Ind.

Sun Bionaturals Private Ltd

Tantuco Enterprises Inc

Formats Available: Excel, PDF, and PPT
CHAPTER 1: EXECUTIVE SUMMARY

1.1 Study Scope
1.2 Market Definition
1.3 Report Guide
  1.3.1 Country Coverage
  1.3.2 Companies Profiled
  1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
  1.3.4 Units
1.4 Abbreviations

CHAPTER 2. COCONUT OIL MARKET OVERVIEW- 2025

2.1 An Introduction to the Global Coconut Oil Markets
2.2 Key Statistics
2.3 Region Benchmarking, 2024
2.4 Country Positioning Matrix, 2024

CHAPTER 3. STRATEGIC ANALYSIS REVIEW

3.1 Coconut Oil Industry Stakeholders
3.2 Value Chain Analysis
3.3 Porter’s Five Forces Analysis
3.4 SWOT Profile
3.5 Recent Market Developments

CHAPTER 4. IMPACT ANALYSIS AND SCENARIO FORECASTS

4.1 Russia-Ukraine Conflict Analysis
4.2 COVID-19: Post Pandemic Recovery Analysis
4.3 US Inflation and Sluggish Growth in China
4.4 Focus on Sustainability
4.5 Low Growth Case Scenario: Global Coconut Oil Market Outlook to 2032
4.6 Reference Case Scenario: Global Coconut Oil Market Outlook to 2032
4.7 High Growth Case Scenario: Global Coconut Oil Market Outlook to 2032

CHAPTER 5: COCONUT OIL MARKET DYNAMICS

5.1 Key Coconut Oil Market Trends
5.2 Potential Coconut Oil Market Opportunities
5.3 Key Market Challenges

CHAPTER 6: GLOBAL COCONUT OIL MARKET ANALYSIS AND OUTLOOK TO 2032

6.1 Global Market Outlook by Segments, 2021 to 2032
6.2 Nature
Conventional
Organic
Source
Dry coconut
Wet coconut
Product
RBD
Virgin
Crude
Application
Food & beverages
Snacks & Cereals
Beverages
Nutritional products
Bakery & Confectionery
Others
Pharmaceuticals
personal care
Others
6.3 Global Market Outlook by Region, 2021 to 2032

CHAPTER 7: NORTH AMERICA COCONUT OIL MARKET ANALYSIS AND OUTLOOK TO 2032

7.1 North America Market Outlook by Segments, 2021- 2032
7.2 Nature
Conventional
Organic
Source
Dry coconut
Wet coconut
Product
RBD
Virgin
Crude
Application
Food & beverages
Snacks & Cereals
Beverages
Nutritional products
Bakery & Confectionery
Others
Pharmaceuticals
personal care
Others
7.3 North America Market Outlook by Country, 2021- 2032
  7.3.1 United States Coconut Oil Market Size Forecast, 2021- 2032
  7.3.2 Canada Coconut Oil Market Size Forecast, 2021- 2032
  7.3.3 Mexico Coconut Oil Market Size Forecast, 2021- 2032

CHAPTER 8: EUROPE COCONUT OIL MARKET ANALYSIS AND OUTLOOK TO 2032

8.1 Europe Market Outlook by Segments, 2021- 2032
8.2 Nature
Conventional
Organic
Source
Dry coconut
Wet coconut
Product
RBD
Virgin
Crude
Application
Food & beverages
Snacks & Cereals
Beverages
Nutritional products
Bakery & Confectionery
Others
Pharmaceuticals
personal care
Others
8.3 Europe Market Outlook by Country, 2021- 2032
  8.3.1 Germany Coconut Oil Market Size Forecast, 2021- 2032
  8.3.2 France Coconut Oil Market Size Forecast, 2021- 2032
  8.3.3 United Kingdom Coconut Oil Market Size Forecast, 2021- 2032
  8.3.4 Spain Coconut Oil Market Size Forecast, 2021- 2032
  8.3.5 Italy Coconut Oil Market Size Forecast, 2021- 2032
  8.3.6 Russia Coconut Oil Market Size Forecast, 2021- 2032
  8.3.7 Rest of Europe Coconut Oil Market Size Forecast, 2021- 2032

CHAPTER 9: ASIA PACIFIC COCONUT OIL MARKET ANALYSIS AND OUTLOOK TO 2032

9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
9.2 Nature
Conventional
Organic
Source
Dry coconut
Wet coconut
Product
RBD
Virgin
Crude
Application
Food & beverages
Snacks & Cereals
Beverages
Nutritional products
Bakery & Confectionery
Others
Pharmaceuticals
personal care
Others
9.3 Asia Pacific Market Outlook by Country, 2021- 2032
  9.3.1 China Coconut Oil Market Size Forecast, 2021- 2032
  9.3.2 India Coconut Oil Market Size Forecast, 2021- 2032
  9.3.3 Japan Coconut Oil Market Size Forecast, 2021- 2032
  9.3.4 South Korea Coconut Oil Market Size Forecast, 2021- 2032
  9.3.5 Australia Coconut Oil Market Size Forecast, 2021- 2032
  9.3.6 South East Asia Coconut Oil Market Size Forecast, 2021- 2032
  9.3.7 Rest of Asia Pacific Coconut Oil Market Size Forecast, 2021- 2032

CHAPTER 10: SOUTH AMERICA COCONUT OIL MARKET ANALYSIS AND OUTLOOK TO 2032

10.1 South America Market Outlook by Segments, 2021- 2032
10.2 Nature
Conventional
Organic
Source
Dry coconut
Wet coconut
Product
RBD
Virgin
Crude
Application
Food & beverages
Snacks & Cereals
Beverages
Nutritional products
Bakery & Confectionery
Others
Pharmaceuticals
personal care
Others
10.3 South America Market Outlook by Country, 2021- 2032
  10.3.1 Brazil Coconut Oil Market Size Forecast, 2021- 2032
  10.3.2 Argentina Coconut Oil Market Size Forecast, 2021- 2032
  10.3.3 Rest of South America Coconut Oil Market Size Forecast, 2021- 2032

CHAPTER 11: MIDDLE EAST AND AFRICA COCONUT OIL MARKET ANALYSIS AND OUTLOOK TO 2032

11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
11.2 Nature
Conventional
Organic
Source
Dry coconut
Wet coconut
Product
RBD
Virgin
Crude
Application
Food & beverages
Snacks & Cereals
Beverages
Nutritional products
Bakery & Confectionery
Others
Pharmaceuticals
personal care
Others
11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
  11.3.1 Saudi Arabia Coconut Oil Market Size Forecast, 2021- 2032
  11.3.2 The UAE Coconut Oil Market Size Forecast, 2021- 2032
  11.3.3 Rest of Middle East Coconut Oil Market Size Forecast, 2021- 2032
  11.3.4 South Africa Coconut Oil Market Size Forecast, 2021- 2032
  11.3.4 Rest of Africa Coconut Oil Market Size Forecast, 2021- 2032

CHAPTER 12: COMPETITIVE LANDSCAPE

12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
12.2 Key Companies Profiled in the Study
12.3 Adams Group
Aluan
Archer Daniels Midland Company (ADM)
Aromaax International
Bo International
Bunge Ltd
Cargill Inc
Celebes Coconut Corp
CIIF OMG
Connoils LLC
Greenville Agro Corp
Hancole
Jiangxi Planty Manor Health Industry Co. Ltd
Mangga Dua
Novel Nutrients Pvt. Ltd
Rmayra Naturals
Royce Food Corp
Shree Western G & C Ind.
Sun Bionaturals Private Ltd
Tantuco Enterprises Inc

CHAPTER 13: SOURCES AND RESEARCH METHODOLOGY

13.1 Primary and Secondary Sources
13.2 Research Methodology
13.3 Data Triangulation and Validation
13.4 Assumptions and Limitations
13.5 Forecast Methodology
Appendix
A: Highlights of the Q4-2024 Version
B: Conclusion and Future Recommendations
C: Customization Options
D: Contact Information

LIST OF FIGURES

Figure 1: Country Analysis: Largest Market Share (%)- 2024 vs. 2032
Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
Figure 3: Population Outlook by Country, 2010- 2032
Figure 4: Inflation Outlook by Country (%), 2024- 2032
Figure 5: Global Coconut Oil Market Outlook by Type, 2021- 2032
Figure 6: Global Coconut Oil Market Outlook by Application, 2021- 2032
Figure 7: Global Coconut Oil Market Outlook by Region, 2021- 2032
Figure 8: North America Coconut Oil Market Snapshot, Q4-2024
Figure 9: North America Coconut Oil Market Size Forecast by Type, 2021- 2032
Figure 10: North America Coconut Oil Market Size Forecast by Application, 2021- 2032
Figure 11: North America Coconut Oil Market Share by Country, 2023
Figure 12: Europe Coconut Oil Market Snapshot, Q4-2024
Figure 13: Europe Coconut Oil Market Size Forecast by Type, 2021- 2032
Figure 14: Europe Coconut Oil Market Size Forecast by Application, 2021- 2032
Figure 15: Europe Coconut Oil Market Share by Country, 2023
Figure 16: Asia Pacific Coconut Oil Market Snapshot, Q4-2024
Figure 17: Asia Pacific Coconut Oil Market Size Forecast by Type, 2021- 2032
Figure 18: Asia Pacific Coconut Oil Market Size Forecast by Application, 2021- 2032
Figure 19: Asia Pacific Coconut Oil Market Share by Country, 2023
Figure 20: South America Coconut Oil Market Snapshot, Q4-2024
Figure 21: South America Coconut Oil Market Size Forecast by Type, 2021- 2032
Figure 22: South America Coconut Oil Market Size Forecast by Application, 2021- 2032
Figure 23: South America Coconut Oil Market Share by Country, 2023
Figure 24: Middle East and Africa Coconut Oil Market Snapshot, Q4-2024
Figure 25: Middle East and Africa Coconut Oil Market Size Forecast by Type, 2021- 2032
Figure 26: Middle East and Africa Coconut Oil Market Size Forecast by Application, 2021- 2032
Figure 27: Middle East and Africa Coconut Oil Market Share by Country, 2023
Figure 28: United States Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 29: Canada Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 30: Mexico Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 31: Germany Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 32: France Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 33: United Kingdom Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 34: Spain Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 35: Italy Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 36: Russia Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 37: Rest of Europe Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 38: China Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 39: India Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 40: Japan Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 41: South Korea Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 42: Australia Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 43: South East Asia Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 44: Rest of APAC Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 45: Brazil Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 46: Argentina Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 47: Rest of LATAM Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 48: Saudi Arabia Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 49: UAE Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 50: South Africa Coconut Oil Market Size Outlook, $ Million, 2021- 2032
Figure 51: Research Methodology
Figure 52: Forecast Methodology

LIST OF TABLES

Table 1: Market Scope and Segmentation
Table 2: Global Coconut Oil Market Size Outlook, $Million, 2021 to 2032
Table 3: Low Case Scenario Forecasts
Table 4: Reference Case Scenario Forecasts
Table 5: High Growth Scenario Forecasts
Table 6: Global Coconut Oil Market Size Outlook by Segments, 2021- 2032
Table 7: Global Coconut Oil Market Size Outlook by Region, 2021- 2032
Table 8: Country Mapping, 2023 vs. 2032
Table 9: North America- Coconut Oil Market Outlook by Type, 2021- 2032
Table 10: North America- Coconut Oil Market Outlook by Country, 2021- 2032
Table 11: Europe - Coconut Oil Market Outlook by Type, 2021- 2032
Table 12: Europe - Coconut Oil Market Outlook by Country, 2021- 2032
Table 13: Asia Pacific - Coconut Oil Market Outlook by Type, 2021- 2032
Table 14: Asia Pacific - Coconut Oil Market Outlook by Country, 2021- 2032
Table 15: South America- Coconut Oil Market Outlook by Type, 2021- 2032
Table 16: South America- Coconut Oil Market Outlook by Country, 2021- 2032
Table 17: Middle East and Africa - Coconut Oil Market Outlook by Type, 2021- 2032
Table 18: Middle East and Africa - Coconut Oil Market Outlook by Country, 2021- 2032
Table 19: Business Snapshots of Leading Coconut Oil Companies
Table 20: Product Profiles of Leading Coconut Oil Companies
Table 21: SWOT Profiles of Leading Coconut Oil Companies


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