Press release
Coconut Oil Market Global Demand 2019 | Top Key Players Strategy, Industry Growth Analysis and Forecast to 2025
Market InsightMarket Research Future (MRFR) predicts that the Global Coconut Oil Market is anticipated to touch a size of USD 8,403.3 million by 2025. It previously stood at USD 4,909 million in 2017. It can expand at 6.37%% CAGR from 2018 to 2025 (forecast period).
Preference of healthy oils for cooking purposes coupled with rising health consciousness among consumers is projected to drive market growth over the forecast period. The benefits of the oil which aid in digestion and assist in building up resistance against germs and bacteria can facilitate growth.
The wide scope of the applications of coconut oil offer new opportunities to the coconut oil market. An instance includes health snacks produced by food manufacturers are prepared with coconut oil. In addition, the cosmetics sector uses the oil in the manufacture of soaps, detergents, lotions, and hair oil.
Get Free Sample Copy of "Coconut Oil Market" @ https://www.marketresearchfuture.com/sample_request/7452
Key Players
Esteemed players profiled in the Coconut Oil Market include Greenville Agro Corporation (The Philippines), KPK Oils & Proteins India Pvt. Ltd. (India), SC Global Coco Products, Inc. (The Philippines), Naturoca (Indonesia), Coconut Industry Investment Fund Oil Mills Group (The Philippines), Primex Group of Companies (The Philippines), Prima Industries Limited (India), Tantuco Enterprises Inc. (The Philippines), Phidco, Inc. (The Philippines), PT. Golden Oil (Indonesia), Samar Coco Products (The Philippines), PT. Harvard Cocopro (Indonesia) and KERAFED (India).
Segmentation Analysis
Global Coconut Oil Market is segmented by type and end-user.
By Type, refined coconut oil accounted for 74.22% share in 2017, while virgin coconut oil held close to 25.78% share in the same year. Refined coconut oil can accrue USD 5,899.7 million by 2025, exhibiting 6.20% CAGR over the assessment period. This segment can accumulate close to 4,819.5 kilotons (KT) by 2025. Virgin oil can generate USD 2,143.6 million by 2025 and predicted to accumulate a demand of 1,750.4 KT. The segment can give its credit to its growth to high health consciousness levels of consumers and the aging populace.
By End-User, food held close to 58% share of the coconut oil market in 2017, while the industry segment accounted for 42% share in the same year. The food segment can touch a size of USD 4,595.3 million by 2025, registering 6.15% CAGR during the assessment period. This can be attributed to the use of coconut oil in various Asian cuisines. In addition, its awareness and benefits in Western countries can fuel the segment growth. The industry segment can accrue close to USD 3,448 million by 2025 at 6.66% CAGR over the forecast period. The inclusion of coconut oil as a primary ingredient in hair care and personal care products is predicted to facilitate segment growth.
Regional Analysis
Geographically, the Coconut Oil Market is segmented into Europe, Asia Pacific (APAC), North America, Central & South America, and the Middle East & Africa (MEA). APAC accounted for 39.73% market share in 2017, followed by Europe (24.64%), North America (21.13%), Central & South America (9.20%), and MEA (5.30%).
The APAC region can generate close to USD 3,094.2 million by 2025, at 5.91% CAGR over the forecast period. This can be attributed to its huge consumption of the oil thanks to its inclusion in domestic cuisines in the region. Major application in cosmetics, pharmaceuticals, and personal care is predicted to fuel the regional coconut oil market growth. The region can command a demand of 2,533.8 KT by 2025, at 3.35% CAGR over the forecast period.
On the other hand, the Central & South America (CSA) region can witness 7.19% CAGR during the assessment period. The region is projected to gain 644.9 KT in demand by 2025. This can be attributed to the export of coconuts and its derivatives by Brazil and Colombia. The use of refined cooking oil is expected to drive the sales of coconut oil rapidly. The scope of the oil in cosmetics, agrochemicals, and energy is projected to open new growth avenues for the market in the region.
Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/coconut-oil-market-7452
Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Coconut Oil Market Global Demand 2019 | Top Key Players Strategy, Industry Growth Analysis and Forecast to 2025 here
News-ID: 1931114 • Views: …
More Releases from market research future
Ophthalmic Topical Therapeutics Market | Global Market Analysis Report - 2035
Ophthalmic Topical Therapeutics: Advancing Eye Care Through Targeted Treatment
Ophthalmic topical therapeutics have become a cornerstone in modern eye care, offering precise, localized treatment for a wide range of ocular conditions. Unlike systemic medications, which circulate throughout the body and may produce unintended side effects, topical therapies deliver active compounds directly to the eye, ensuring higher efficacy and a faster onset of action. This localized approach not only improves treatment outcomes…
Mental Health Apps Market Share, Size, Growth and Forecast to 2035
Mental Health Apps: Transforming the Way We Care for Our Minds
In recent years, mental health has gained increasing recognition as an essential component of overall well-being. Despite growing awareness, many individuals still face barriers to accessing mental health support, including stigma, cost, and geographic limitations. Mental health apps have emerged as a transformative solution, leveraging technology to provide accessible, personalized, and convenient mental health care for millions worldwide.
The Rise of…
Surgical Gloves Market Size, Share, Growth | CAGR of 4.95%
Surgical Gloves: A Critical Component of Modern Healthcare
Surgical gloves have become an indispensable element in modern healthcare, serving as a first line of defense against contamination, infection, and disease transmission. These gloves are not just protective gear-they are a symbol of safety, hygiene, and precision in medical practice. Their significance spans from routine hospital procedures to complex surgical interventions, highlighting their essential role in patient care and medical safety protocols.
The…
Asia Pacific CRO Market Size, Share & Growth Report by 2035
Asia Pacific CRO Market: Driving Innovation and Transformation in the Clinical Research Landscape
The Asia Pacific Contract Research Organization (CRO) market has been witnessing significant growth over the past decade, emerging as a pivotal hub for clinical research and drug development. With a growing population, increasing prevalence of chronic diseases, and rising investments in healthcare infrastructure, the region has become an attractive destination for pharmaceutical and biotechnology companies seeking cost-effective and…
More Releases for Coco
Coco Peat for Hydroponics Market Hits New High | Major Giants Cocogreen, Pelemix …
HTF MI recently introduced Global Coco Peat for Hydroponics Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2033). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Cocogreen, Pelemix, Sai Cocopeat, Dutch Plantin, Allwin Coir,…
Coconut Water Drinks Market May See Big Move | Major Giants Real Coco, Blue Monk …
HTF MI just released the Global Coconut Water Drinks Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies profiled in Coconut Water Drinks Market are:
Vita Coco,…
Coco Peat Market Continues To Impress| Coco Green, Cocopeat India, Sri Lanka Coc …
HTF MI just released the Global Coco Peat Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Coco Peat Market are:
Coco Green, Cocopeat India, Sri…
Coconut Foods Market Report Analysis, Research Studies | Cargill, Hain Celestial …
DataM Intelligence has published a new research report on "Coconut Foods Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
Get a Free Sample Research PDF -…
Coconut Charcoal Briquettes Market Rapid Growth, Industry Competition Outlook An …
LOS ANGELES, United States: The global Coconut Charcoal Briquettes market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Coconut Charcoal Briquettes market. For instance, the market dynamics section digs deep into the drivers, restraints,…
Organic Coconut Sugar Market is Set to Fly High in Years to Come | Coco Sugar, C …
Advance Market Analytics published a new research publication on "Organic Coconut Sugar Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Organic Coconut Sugar market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample…
