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Virgin Coconut Oil (VCO) is growing in popularity as functional food oil and the public awareness of it is increasing. It is expected that VCO will experience a dramatic growth in the market.
Currently, the factors driving the growth of the aforementioned industry are food consumption, cosmetic and others. As the demand increases rapidly for downstream industries, and the wider range of applications, the demand for coconut oil will correspondingly increase. The increased consumption of coconut oil is expected to continue during the remaining years of the forecast period of 2017-2022. Virgin coconut oil industry will usher in a stable growth space. Almost all Virgin Coconut Oil products in Europe, North America and China are imported from other countries, such as Philippines, Indonesia. On a global scale, currently coconut oil industry is in the state of production and consumption booming.
The global Virgin Coconut Oil market was valued at US$ 683 million in 2019 and is expected to reach US$ 802.2 million by the end of 2026, growing at a CAGR of 2.3% during 2021-2026.
This report focuses on Virgin Coconut Oil volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Virgin Coconut Oil market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Virgin Coconut Oil Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Virgin Coconut Oil
Extra Virgin Coconut Oil
Segment by Application
Food
Beauty and Cosmetics
Medical
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
NMK HOLDINGS PRIVATE LIMITED
Greenville Agro Corporation
P.T. Harvard Cocopro
Naturoca
SUN BIO NATURALS INDIA PRIVATE LIMITED
Celebes
Sakthi Exports
NATURE PACIFIC PTY LTD
Cocomate
Manchiee De Coco
KKP Industry
Genius Nature Herbs Pvt Ltd
Keratech
Harin Bio-Tech International Private Limited
Currently, the factors driving the growth of the aforementioned industry are food consumption, cosmetic and others. As the demand increases rapidly for downstream industries, and the wider range of applications, the demand for coconut oil will correspondingly increase. The increased consumption of coconut oil is expected to continue during the remaining years of the forecast period of 2017-2022. Virgin coconut oil industry will usher in a stable growth space. Almost all Virgin Coconut Oil products in Europe, North America and China are imported from other countries, such as Philippines, Indonesia. On a global scale, currently coconut oil industry is in the state of production and consumption booming.
The global Virgin Coconut Oil market was valued at US$ 683 million in 2019 and is expected to reach US$ 802.2 million by the end of 2026, growing at a CAGR of 2.3% during 2021-2026.
This report focuses on Virgin Coconut Oil volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Virgin Coconut Oil market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Virgin Coconut Oil Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Virgin Coconut Oil
Extra Virgin Coconut Oil
Segment by Application
Food
Beauty and Cosmetics
Medical
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
NMK HOLDINGS PRIVATE LIMITED
Greenville Agro Corporation
P.T. Harvard Cocopro
Naturoca
SUN BIO NATURALS INDIA PRIVATE LIMITED
Celebes
Sakthi Exports
NATURE PACIFIC PTY LTD
Cocomate
Manchiee De Coco
KKP Industry
Genius Nature Herbs Pvt Ltd
Keratech
Harin Bio-Tech International Private Limited
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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