Market Analysis and Insights: Global Virgin Coconut Oil Market

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.

Due to the COVID-19 pandemic, the global Virgin Coconut Oil market size is estimated to be worth US$ 716 million in 2022 and is forecast to a readjusted size of US$ 841.1 million by 2029 with a CAGR of 2.3% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Virgin Coconut Oil accounting for % of the Virgin Coconut Oil global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Food segment is altered to an % CAGR throughout this forecast period.

NMK HOLDINGS, Greenville, P.T. Harvard Cocopro, Naturoca and SUN BIO NATURALS are the leaders of the Virgin Coconut Oil industry, which take about 20% market share.Europe is the major region of the global market, which takes about 30% market share.

Global Virgin Coconut Oil Scope and Market Size

The global Virgin Coconut Oil market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Virgin Coconut Oil market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Virgin Coconut Oil

Extra Virgin Coconut Oil


Segment by Application


Food

Beauty and Cosmetics

Medical

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


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