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Virgin Coconut Oil Market

: Global Demand Analysis & Opportunity Outlook 2023

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Report ID: 253 | Published On: Feb 13, 2023
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1.Executive Summary

2.Research Methodology

3.Risk Analysis

3.1.3.1 Demand Risk

3.2.3.2 Supply Risk

4.Top Countries with Highest demand of Virgin Coconut Oil – By Region

4.1.North America

4.2.Europe

4.3.Asia-Pacific

4.4.Middle East & Africa

5.Global Virgin Coconut Oil Market Size and Forecast, 2015-2023

6.Market Dynamics & Its Impact Analysis

6.1.Growth Drivers

6.2.Challenges

6.3.Trends

7.Production Process of Virgin Coconut Oil

8.Global Market Segmentation Analysis

8.1.By Type Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.1.1.Organic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.1.2.Inorganic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.1.3.Y-O-Y % Growth Comparison by Type

8.1.4.Market Attractiveness By Type

8.1.5.BPS Analysis By Type

8.2.By Application Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.2.1.Healthcare Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.2.2.Cosmetics Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.2.3.Cooking Oil Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.2.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.2.5.Y-O-Y % Growth Comparison by Application

8.2.6.Market Attractiveness By Application

8.2.7.BPS Analysis By Application

8.3.By Price Range Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.3.1.Premium Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.3.2.Mid Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.3.3.Low Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.3.4.Y-O-Y % Growth Comparison by Price Range

8.3.5.Market Attractiveness By Price Range

8.3.6.BPS Analysis By Price Range

8.4.By Distribution Channel Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.4.1.Supermarket/Hypermarket Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.4.2.Convenience Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.4.3.Online Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.4.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.4.5.Y-O-Y % Growth Comparison by Distribution Channel

8.4.6.Market Attractiveness By Distribution Channel

8.4.7.BPS Analysis By Distribution Channel

8.5.By Region Market Size ($ Million), Y-O-Y Growth & Share Analysis (%), 2015-2023

8.5.1.North America Market Size ($ Million), Y-O-Y Growth & Share Analysis (%), 2015-2023

8.5.1.1.By Country

8.5.1.1.1.U.S. Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.1.2.Canada Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.1.3.Y-O-Y % Growth Comparison By Country

8.5.1.1.4.Market Attractiveness By Country

8.5.1.1.5.BPS Analysis By Country

8.5.1.2.By Type Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.2.1.Organic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.2.2.Inorganic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.2.3.Y-O-Y % Growth Comparison by Type

8.5.1.2.4.Market Attractiveness By Type

8.5.1.2.5.BPS Analysis By Type

8.5.1.3.By Application Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.3.1.Healthcare Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.3.2.Cosmetics Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.3.3.Cooking Oil Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.3.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.3.5.Y-O-Y % Growth Comparison by Application

8.5.1.3.6.Market Attractiveness By Application

8.5.1.3.7.BPS Analysis By Application

8.5.1.4.By Price Range Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.4.1.Premium Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.4.2.Mid Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.4.3.Low Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.4.4.Y-O-Y % Growth Comparison by Price Range

8.5.1.4.5.Market Attractiveness By Price Range

8.5.1.4.6.BPS Analysis By Price Range

8.5.1.5.By Distribution Channel Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.5.1.Supermarket/Hypermarket Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.5.2.Convenience Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.5.3.Online Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.5.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.1.5.5.Y-O-Y % Growth Comparison by Distribution Channel

8.5.1.5.6.Market Attractiveness By Distribution Channel

8.5.1.5.7.BPS Analysis By Distribution Channel

8.5.2.     Latin America Market Size ($ Million), Y-O-Y Growth & Share Analysis (%), 2015-2023

8.5.2.1.By Country

8.5.2.1.1.Mexico Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.1.2.Brazil Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.1.3.Rest of Latin America Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.1.4.Y-O-Y % Growth Comparison By Country

8.5.2.1.5.Market Attractiveness By Country

8.5.2.1.6.BPS Analysis By Country

8.5.2.2.By Type Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.2.1.Organic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.2.2.Inorganic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.2.3.Y-O-Y % Growth Comparison by Type

8.5.2.2.4.Market Attractiveness By Type

8.5.2.2.5.BPS Analysis By Type

8.5.2.3.By Application Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.3.1.Healthcare Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.3.2.Cosmetics Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.3.3.Cooking Oil Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.3.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.3.5.Y-O-Y % Growth Comparison by Application

8.5.2.3.6.Market Attractiveness By Application

8.5.2.3.7.BPS Analysis By Application

8.5.2.4.By Price Range Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.4.1.Premium Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.4.2.Mid Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.4.3.Low Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.4.4.Y-O-Y % Growth Comparison by Price Range

8.5.2.4.5.Market Attractiveness By Price Range

8.5.2.4.6.BPS Analysis By Price Range

8.5.2.5.By Distribution Channel Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.5.1.Supermarket/Hypermarket Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.5.2.Convenience Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.5.3.Online Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.5.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.2.5.5.Y-O-Y % Growth Comparison by Distribution Channel

8.5.2.5.6.Market Attractiveness By Distribution Channel

8.5.2.5.7.BPS Analysis By Distribution Channel

8.5.3.     Europe Market Size ($ Million) & Y-O-Y Growth & Share Analysis, 2015-2023

8.5.3.1.By Country

8.5.3.1.1.U.K. Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.1.2.Germany Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.1.3.France Market Size ($ Million) & Y-O-Y Growth Analysis, 2015-2023

8.5.3.1.4.Italy Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.1.5.Spain Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.1.6.Hungary Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.1.7.Ireland  Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.1.8.Russia Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.1.9.Poland Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.1.10.BENELUX Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.1.11.Y-O-Y % Growth Comparison by Country

8.5.3.1.12.Market Attractiveness By Country

8.5.3.1.13.BPS Analysis By Country

8.5.3.2.By Type Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.2.1.Organic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.2.2.Inorganic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.2.3.Y-O-Y % Growth Comparison by Type

8.5.3.2.4.Market Attractiveness By Type

8.5.3.2.5.BPS Analysis By Type

8.5.3.3.By Application Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.3.1.Healthcare Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.3.2.Cosmetics Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.3.3.Cooking Oil Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.3.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.3.5.Y-O-Y % Growth Comparison by Application

8.5.3.3.6.Market Attractiveness By Application

8.5.3.3.7.BPS Analysis By Application

8.5.3.4.By Price Range Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.4.1.Premium Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.4.2.Mid Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.4.3.Low Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.4.4.Y-O-Y % Growth Comparison by Price Range

8.5.3.4.5.Market Attractiveness By Price Range

8.5.3.4.6.BPS Analysis By Price Range

8.5.3.5.By Distribution Channel Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.5.1.Supermarket/Hypermarket Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.5.2.Convenience Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.5.3.Online Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.5.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.3.5.5.Y-O-Y % Growth Comparison by Distribution Channel

8.5.3.5.6.Market Attractiveness By Distribution Channel

8.5.3.5.7.BPS Analysis By Distribution Channel

8.5.4.     Asia Pacific Market Size ($) & Y-O-Y Growth Analysis (% Million), 2015-2023

8.5.4.1.By Country

8.5.4.1.1.India Market Size ($) & Y-O-Y Growth Analysis (% Million), 2015-2023

8.5.4.1.2.Singapore Market Size ($) & Y-O-Y Growth Analysis (% Million), 2015-2023

8.5.4.1.3.China Market Size ($) & Y-O-Y Growth Analysis (% Million), 2015-2023

8.5.4.1.4.Japan Market Size ($) & Y-O-Y Growth Analysis (% Million), 2015-2023

8.5.4.1.5.Australia Market Size ($) & Y-O-Y Growth Analysis (% Million), 2015-2023

8.5.4.1.6.New Zealand Market Size ($) & Y-O-Y Growth Analysis (% Million), 2015-2023

8.5.4.1.7.South Korea Market Size ($) & Y-O-Y Growth Analysis (% Million), 2015-2023

8.5.4.1.8.Y-O-Y % Growth Comparison by Country

8.5.4.1.9.Market Attractiveness By Country

8.5.4.1.10.BPS Analysis By Country

8.5.4.2.By Type Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.2.1.Organic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.2.2.Inorganic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.2.3.Y-O-Y % Growth Comparison by Type

8.5.4.2.4.Market Attractiveness By Type

8.5.4.2.5.BPS Analysis By Type

8.5.4.3.By Application Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.3.1.Healthcare Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.3.2.Cosmetics Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.3.3.Cooking Oil Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.3.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.3.5.Y-O-Y % Growth Comparison by Application

8.5.4.3.6.Market Attractiveness By Application

8.5.4.3.7.BPS Analysis By Application

8.5.4.4.By Price Range Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.4.1.Premium Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.4.2.Mid Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.4.3.Low Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.4.4.Y-O-Y % Growth Comparison by Price Range

8.5.4.4.5.Market Attractiveness By Price Range

8.5.4.4.6.BPS Analysis By Price Range

8.5.4.5.By Distribution Channel Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.5.1.Supermarket/Hypermarket Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.5.2.Convenience Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.5.3.Online Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.5.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.4.5.5.Y-O-Y % Growth Comparison by Distribution Channel

8.5.4.5.6.Market Attractiveness By Distribution Channel

8.5.4.5.7.BPS Analysis By Distribution Channel

8.5.5.     Middle East & Africa Market Size ($ Million) & Y-O-Y Growth & Share Analysis, 2015-2023

8.5.5.1.By Country

8.5.5.1.1.GCC Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.1.2.North Africa Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.1.3.South Africa Market Size ($ Million) & Y-O-Y Growth Analysis, 2015-2023

8.5.5.1.4.Y-O-Y % Growth Comparison by Country

8.5.5.1.5.Market Attractiveness By Country

8.5.5.1.6.BPS Analysis By Country

8.5.5.2.By Type Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.2.1.Organic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.2.2.Inorganic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.2.3.Y-O-Y % Growth Comparison by Type

8.5.5.2.4.Market Attractiveness By Type

8.5.5.2.5.BPS Analysis By Type

8.5.5.3.By Application Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.3.1.Healthcare Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.3.2.Cosmetics Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.3.3.Cooking Oil Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.3.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.3.5.Y-O-Y % Growth Comparison by Application

8.5.5.3.6.Market Attractiveness By Application

8.5.5.3.7.BPS Analysis By Application

8.5.5.4.By Price Range Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.4.1.Premium Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.4.2.Mid Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.4.3.Low Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.4.4.Y-O-Y % Growth Comparison by Price Range

8.5.5.4.5.Market Attractiveness By Price Range

8.5.5.4.6.BPS Analysis By Price Range

8.5.5.5.By Distribution Channel Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.5.1.Supermarket/Hypermarket Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.5.2.Convenience Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.5.3.Online Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.5.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.5.5.5.Y-O-Y % Growth Comparison by Distribution Channel

8.5.5.5.6.Market Attractiveness By Distribution Channel

8.5.5.5.7.BPS Analysis By Distribution Channel

8.5.6.Rest Of World (ROW) Market Size ($) & Y-O-Y Growth Analysis ( %), 2015-2022

8.5.6.1.By Type Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.1.1.Organic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.1.2.Inorganic Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.1.3.Y-O-Y % Growth Comparison by Type

8.5.6.1.4.Market Attractiveness By Type

8.5.6.1.5.BPS Analysis By Type

8.5.6.2.By Application Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.2.1.Healthcare Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.2.2.Cosmetics Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.2.3.Cooking Oil Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.2.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.2.5.Y-O-Y % Growth Comparison by Application

8.5.6.2.6.Market Attractiveness By Application

8.5.6.2.7.BPS Analysis By Application

8.5.6.3.By Price Range Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.3.1.Premium Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.3.2.Mid Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.3.3.Low Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.3.4.Y-O-Y % Growth Comparison by Price Range

8.5.6.3.5.Market Attractiveness By Price Range

8.5.6.3.6.BPS Analysis By Price Range

8.5.6.4.By Distribution Channel Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.4.1.Supermarket/Hypermarket Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.4.2.Convenience Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.4.3.Online Store Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.4.4.Others Market Size ($ Million) & Y-O-Y Growth Analysis (%), 2015-2023

8.5.6.4.5.Y-O-Y % Growth Comparison by Distribution Channel

8.5.6.4.6.Market Attractiveness By Distribution Channel

8.5.6.4.7.BPS Analysis By Distribution Channel

9.Porter’s Five Force Model Analysis

10.Competitive Landscape

10.1.Market Positioning of Major Players (2016)

10.2.Company Profiles

10.2.1.MaxCare VCO

10.2.1.1.Company Overview

10.2.1.2.Financial Performance

10.2.1.3.Key Product Offerings

10.2.1.4.Business Strategy

10.2.2.Nutriva Organic Coconut Oil

10.2.3.Hain Celestial Group

10.2.4.Barlean’s Organic Oils LLC

10.2.5.Tropical Traditions America

10.2.6.Zumi Naturals Ltd

10.2.7.Edward and Sons Trading Company

10.2.8.iTi Tropicals Inc.


Market size and forecast

The global virgin coconut oil market captured significant revenue in 2016 and is expected to expand at a CAGR of around 11% over the forecast period. Virgin coconut oil is predicted to experience high demand from consumers with higher health consciousness and as well as aging population. By distribution channel, the online segment is anticipated to achieve higher market value over the forecast period due to rising internet penetration and availability of large variety of products at a discounted price. 

Virgin Coconut Oil Market

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Asia Pacific accounted the largest revenue share in virgin coconut oil market globally and is estimated to be the dominant region in virgin coconut oil market during the forecast period i.e. 2016-2023. The region is the largest producer and exporter of virgin coconut oil to other geographical zones. The virgin coconut oil market is highly fragmented with large number of small and local manufactures in the product segment. The key vendors are anticipated to invest on research and development due to huge popularity and rise in the competition in future.


Virgin Coconut Oil Market
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Global Virgin Coconut Oil Market Overview
cscs

Coconut is a widespread plantation and is grown in more than 80 countries. The world production of coconut has been estimated to be around 55 million tonnes in a year. Indonesia Philippines and India are the three major coconut producers all across the globe. The annual coconut production in India is around 2,044 crore from 19.8 lakh hectare area. In India, Kerala is the largest producer with the contribution of around 40% of country’s total coconut production. The coconut oil which is extracted from coconut has significant usage in toiletry, food and various industrial sectors.

Apart from this, it is also utilized in pharmaceutical industry especially by diabetic patients as it helps in valuable utilization of blood glucose. Besides ordinary coconut oil which is 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 by mechanical techniques. The VCO is rich in fatty acid and includes vitamin, minerals and antioxidants. The VCO does not experience chemical processing, or bleaching. It has been notified that the product is gaining traction all over the world as nutraceutical food oil and is getting popular amongst health conscious people. The VCO market is anticipated to expand at a rapid pace over the next few years due to rising public awareness and inclining investment by manufacturers for this product.


Market Segmentation

Research report categorizes the global virgin coconut oil market into the following segments:

By Type

  • Inorganic
  • Organic

By Treatment Type

  • Baby care
  • Moisturizer
  • Anti-viral
  • Others

By Distribution Channel

  • Hypermarkets/supermarkets
  • Convenience store
  • Online store
  • Others


By Region

Global virgin coconut oil Market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis


Growth Drivers and challenges

Increasing consumer spending on functional food and beverages as well as rising health consciousness of people in terms of proper nourishment of skin and hair is anticipated to strengthen the demand for virgin coconut oil over the period 2016-2023. The market is expected to intensify at a rapid pace over the next few years due to rising medical treatment and preventive healthcare which is anticipated to impel the demand for nutraceutical based products. Besides this, the increasing interest in nourishing lifestyle and increasing intake of omega fatty acid will create more demand and more opportunities for coconut oil manufacturers to enter into this business. Insufficient production of coconut oil and well as lack of demand from industrial sectors may likely to hamper the growth of the market in future.

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Top Featured Companies Dominating the Market

    The key manufacturers of virgin coconut oil are as follows:

    • MaxCare VCO
      • Company Overview
      • Key Product Offerings
      • Business Strategy
      • SWOT Analysis
      • Financials 
    • 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.

In The News

  • April 2022: IBSRELA the first and only NHE3 inhibitor for the treatment of irritable bowel syndrome with constipation (IBS-C) in adults, has been made available by the biopharmaceutical company Ardelyx. The first Ardelyx product to receive approval from the US Food and Drug Administration is IBSRELA.
  • March 2022: Indegene a provider of technology-driven healthcare solutions, & meta Me Health, a maker of Regulora and a Prescription Digital Therapeutics (PDT) business, teamed up to offer Regulora as a remedy for irritable bowel syndrome-related stomach pain (IBS).

Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

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