The Global Coconut Oil Market is Predict to reach $4,554.2 Million by 2027, at a CAGR of 7.2%

Coconut Oil Market Growth, Trends and Report Highlights

According to a new report Global Coconut Oil Market, published by KBV research, The Global Coconut Oil Market size is expected to reach $4,554.2 million by 2027, rising at a market growth of 7.2% CAGR during the forecast period.

Coconut RBD oil is easily available in conveniences stores and supermarket which could increase the penetration of the product. Moreover, increased usage of coconut RBD oil in cosmetics & personal care and food industry is estimated to offer lucrative growth opportunities for the coconut oil market over the forecasting years.

The Plastic bottles were commonly utilized for packaging of coconut oil. In addition, they were known to be best packaging as they are reusable and also considered environmentally friendly. Additionally, customers found plastic bottles very convenient for use due to which, it has become the most popular trend in the coconut market.

The premium segment is anticipated to showcase a prominent growth rate during the forecast period. It is considered that premium brands contain experiential, symbolic, and additional health benefits to maintain social status and prestige. In addition, a premium quality and naturally sourced ingredients and processing methods are used for the production of premium coconut oil.

The demand for coconut oil is rapidly increasing in this region due to its excessive usage in personal care and cosmetics industry. Additionally, some major factors that are accountable to accelerate the growth of the market are increasing demand for food preparation as it offers nutritional benefits and rise in urbanization. Moreover, coconut oil contains a unique combination of fatty acids which is beneficial for the health like keeping heart healthy, proper functioning of brain, and reducing fat.

Full Report: https://www.kbvresearch.com/coconut-oil-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Hain Celestial Group, Inc., Archer Daniels Midland Company, Bunge Limited, Adani Wilmar Limited, Wichy Plantation Company (Pvt) Ltd (Bitumix (Pvt) Ltd), Windmill Organics Ltd., Marico Limited, Cargill Corporation.

Global Coconut Oil Market Segmentation

By Product Type

• Virgin Coconut Oil
• Coconut RBD Oil

By Price Point

• Mass
• Premium

By Application

• Food industry
• Agriculture
• Cosmetics & personal care industry
• Chemical Industry
• Others

By Packaging

• Bottle
• Jar
• Can
• Pouch
• Tanks
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• The Hain Celestial Group, Inc.
• Archer Daniels Midland Company
• Bunge Limited
• Adani Wilmar Limited
• Wichy Plantation Company (Pvt) Ltd (Bitumix (Pvt) Ltd)
• Windmill Organics Ltd
• Marico Limited
• Cargill Corporation

Unique Offerings from KBV Research

• Exhaustive coverage
• The highest number of market tables and figures
• Subscription-based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free

Related Reports:

North America Coconut Oil Market, Future Scope & Opportunities 2021-2027

Europe Coconut Oil Market, Size & Growth Forecast 2021-2027

Asia Pacific Coconut Oil Market, Size, Share & Industry Outlook to 2027

LAMEA Coconut Oil Market, Growth, Trends and Forecasts 2021-2027