Global Natural Coconut Oil Market by Types, Applications, Distribution Channels, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The global natural coconut oil market was valued at USD 2.7 billion in 2019 and is estimated to reach USD 4.7 billion by 2026, expanding at a CAGR of around 9% during the forecast period, 2020–2026. Factors driving the growth of the natural coconut oil market are the rising demands from cosmetic, food consumption, and other industries. For downstream industries, the demand is rapidly increasing due to its wide range of applications in these industries. The rising consumption of natural coconut oil is expected to continue during the forecast period.

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From tender or dried coconut kernels the coconut oil is extracted and is a colorless and tasteless oil. The natural coconut oil is available in two types which are refined or virgin and unrefined oil. Refined oil is used in consumption while unrefined oil is unprocessed and unbleached and is rarely used for consumption. In personal care industry the natural coconut oil market has witnessed tremendous growth and is growing in popularity globally. It is also used a substitute for vegetable oil and is conventionally used in South India. Due to its increasing applications in various industries the natural coconut oil market is expected to witness huge growth.

Market Trends, Drivers, Restraints, and Opportunities:

• Various health benefits related to the use of natural coconut oil is the major factor driving the market growth.
• Cheap prices and easy availability are factors positively influencing the demand for natural coconut oil.
• Use of natural coconut oil as a substitute for various oils and in making of coconut snacks is fuelling the growth of the market.
• Growing demand for natural coconut oil in food industries is expected to contribute to the growth of the market during the forecast period.
• Approval of coconut oil as a low-fat product is hampering the growth of the market.
• In countries such as Indonesia, the ban on the export of coconut oil is affecting the market growth.
• Limited coconut production for extraction of oil is a key factor hampering the growth of the market.

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Competitive Landscape:

Major companies in the global natural coconut oil market include Wind City Organics, Windmill Organics, The HallStar Company, Marico Limited, Premier Organics, ANDY ALBAO CORPORATION, Wichy Plantation Company, Nutiva, Tropical Traditions, The Hain Celestial Group, and Barlean’s. The competition in the global natural coconut oil market is highly intense and competitors use strategies such as collaborations, ventures, partnerships, acquisitions, and agreements to gain new market share. The market is subject to rapidly changing consumer preferences and demands. Competitors are continuously developing new products to remain competitive in the market

The Global Natural Coconut Oil Market has been segmented on the basis of

Types

• Refined
• Unrefined

Applications

• Food Industries
• Personal Care Industries
• Commercial Industries

Distribution Channels

• Supermarkets and Hypermarkets
• Convenience Stores
• Online Retailers

Regions

• Asia Pacific
• Europe
• North America
• Middle East & Africa
• Latin America

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Table of Contents

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Natural Coconut Oil Market Overview
5. Global Natural Coconut Oil Market Analysis and Forecast by Type
6. Global Natural Coconut Oil Market Analysis and Forecast by Application
7. Global Natural Coconut Oil Market Analysis and Forecast by Sales Channel
8. Global Natural Coconut Oil Market Analysis and Forecast by Region
9. North Natural Coconut Oil Market Analysis and Forecast
10. Latin Natural Coconut Oil Market Analysis and Forecast
11. Europe Natural Coconut Oil Market Analysis and Forecast
12. Asia Pacific Natural Coconut Oil Market Analysis and Forecast
13. Middle East & Africa Natural Coconut Oil Market Analysis and Forecast
14. Competition Landscape

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