Virgin Coconut Oil Market Global Research Report
P a g e |1
Copyright Š 2017 Market Research Future.
Virgin Coconut Oil Market Global Research Report
Virgin Coconut Oil Market Global Research Report by Category (Organic and Conventional), Packaging Type (Bottles & Jars, Pouches and others), Distribution Channel (Store-Based (Hypermarkets & Supermarkets, Convenience Stores and others) NonStore-Based) and Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast till 2024
Key Players: Healthy Traditions (U.S.), Barlean's (U.S.), Hain Celestial (U.S.), SUN BIONATURALS (INDIA) PRIVATE LTD. (India), NMK Holdings (Pvt) Ltd. (Sri Lanka), Nutiva, Inc. (U.S.), and Greenville Agro Corporation (Philippines) are the distinguished players in the Virgin Coconut Oil Market.
P a g e |2
Copyright Š 2017 Market Research Future.
Virgin Coconut Oil Market Global Research Report
Global Virgin Coconut Oil Market has a better taste and fragrance profile as compared to ordinary coconut oil and extensively used for culinary purposes. Virgin coconut oil finds significance in the personal care industry, which contributes to the market demand. They are extensively used in cosmetics (anti-aging creams, lip gel, make-up remover), luxury soaps. Other factors which boost the growth of the market include sustainability projects initiated by manufacturers which would help to augment the growth of the market. Moreover, various food safety certifications Growing consumer inclination towards ethically-farmed produce coupled with elevating consumer awareness regarding the health benefits of consuming organic virgin coconut oil has induced high demand within the market. Virgin coconut oil contains good amounts of saturated fatty acids, saturated fats, good cholesterol and is devoid of any Tran’s fatty acids which make them ideally suited as a healthy ingredient in the nutraceuticals sector.
Regional Analysis: Availability of cheap coconuts in countries such as Thailand and Indonesia have uniquely positioned the APAC as the largest virgin coconut oil market. The region is the largest producer as well as exporter of virgin coconut oil. Philippines is the major contributor to the APAC virgin coconut oil market. Moreover, there is high demand for virgin coconut oil in the region since its consumption is widely prevalent in the region. North America follows the APAC closely. Surging health awareness in the region has led to increased consumption of the product in the region. Moreover, product development by key market players Barlean's, Hain Celestial, Nutiva, Inc., and Healthy Traditions is supporting the growth of the market. Easy availability and purchasing power too are crucial factors.
P a g e |3
Copyright Š 2017 Market Research Future.
Virgin Coconut Oil Market Global Research Report
Segmentation Global Virgin Coconut Oil Market has been segmented based on type, application, and distribution channel. By type, virgin coconut oil market has been segmented into organic and inorganic. The organic segment is leading the market owing to high consumer inclination towards organic food products. By application, the virgin coconut oil market has been segmented into cooking, cosmetics, healthcare, and others. By distribution channel, the virgin coconut oil market has been segmented into store-based and non-store based. The store-based segment has been further segmented into supermarkets & hypermarkets, specialty stores, food processing industries, and others. Supermarkets & hypermarkets segment is dominating the market.
Intended Audience Virgin coconut oil manufacturers Dealers and distributors Raw material suppliers and distributors Traders, exporters, and importers
P a g e |4
Copyright Š 2017 Market Research Future.
Virgin Coconut Oil Market Global Research Report
P a g e |5
Copyright Š 2017 Market Research Future.