openPR Logo
Press release

Virgin Coconut Oil Market Size 2022, By Segmentations, Growth, Trends & Forecast to 2030

09-19-2022 12:10 PM CET | Fashion, Lifestyle, Trends

Press release from: We Market Research

Virgin Coconut Oil Market

Virgin Coconut Oil Market

The global virgin coconut oil market is valued at USD 2.40 billion in 2022 and is projected to reach a value of USD 4.24 billion in 2030 expanding at a CAGR of 7.35% over the forecast period of 2022-2030.

Virgin Coconut Oil Market- Overview
Coconut oil is considered as the most important food oil. It is a source of dietary fat and is widely utilized as cooking oil and in food industries that includes baking and confectionery products.

Coconut oil can be bifurcated into two types that are based on how they are extracted from the coconut meat that includes virgin coconut oil (VCO) and refined, bleached, and deodorized coconut oil (RBD).

Virgin coconut oil is a product that is directly extracted from fresh coconut meat. Virgin coconut oil (VCO) has varied from RBD because of the way it is processed. While, the refined oil is extracted from dried meat or copra and it goes through a refining process to make the coconut oil edible.

Download a Free Sample Copy of Virgin Coconut Oil Market: https://wemarketresearch.com/sample-request/virgin-coconut-oil-market/145/

Key market trends- Growth determinants and Challenges

Every market has its growth determinant and challenges. One of the major factor that has fuelled the market growth is the increase in health awareness and the benefits that are associated with the virgin coconut oil.

The various health benefits that are associated with the virgin coconut oil is the key factor for the rapid growth in the global virgin coconut oil market. The virgin coconut oil is considered to be the high-value coconut product because of its nutraceutical benefits and functional food. This growing popularity of VCO can be associated to several studies that have witnessed its beneficial effects.

Additionally, the increasing consumer spending on functional food and beverages and also the rising interest in nourishing lifestyle, and the growing intake of omega fatty acid are also the factors that have driven the market growth over the forecast period.

On the flip side, lack of awareness about the benefits of the virgin coconut oil and the negative image among the consumers they have regarding the ordinary coconut because of the presence of unsaturated fat in it are some of the major factors that are hampering the growth of the market.

Segmental analysis of the Market

Based on type
Organic
Inorganic
The organic segment has dominated the market over the forecast period. This is because of the various health benefits associated with it.

Based on application
Beauty and cosmetics
Food and beverages
Pharmaceuticals
Others
The beauty and cosmetics segment has dominated the market share over the forecast period. This is because of the several benefits and the use of oil in a number of skin products.

Asia Pacific is anticipated to amplify at a considerable CAGR
North America, Asia Pacific, Europe, Middle east and Africa are the major regions constituting the geographical landscape of the market. Among these, Asia Pacific has the largest revenue share. This is because of the significant presence of companies in the region and also the high use of Virgin coconut oil for cooking purpose in this region.

Competitive Landscape
The prominent companies that have influenced the competitive hierarchy of the market are Hain Celestial Group, Barlean's Organic Oils LLC, Nutiva, Inc., Mahavir Coconut Industries (MaxCare VCO), and Others.

Major Questions answered in this report
What is the growth rate of the virgin coconut oil market?
What are the primary growth determinants of the market?
Which are the major regions constituting the geographical landscape of the market?
Which are the prominent companies operating in the market?

Key takeaways from the report
The VCO market is projected to rise at a CAGR of 7.35% over the forecast period of 2022-2030.

The increase in health awareness among the consumers and the benefits of the oil are aiding market progression.

The organic oil segment is poised to expand significantly over the forecast period.
Asia Pacific is anticipated to expand at a considerable CAGR.

For More Details, Visit Our Report Page: https://wemarketresearch.com/reports/virgin-coconut-oil-market/145/

Contact Us:
We Market Research
Phone: +1(650)-666-4592
Email: sales@wemarketresearch.com
Web: https://wemarketresearch.com/

About We Market Research:
WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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 Virgin Coconut Oil Market Size 2022, By Segmentations, Growth, Trends & Forecast to 2030 here

News-ID: 2739423 • Views: 402

More Releases from We Market Research

Laptop Sleeves Market 2022 Analysis Of Key Trends, Industry Dynamics And Future …
Laptop Sleeves Market is valued at USD 1.67 billion in 2022 and is projected to reach a value of USD 2.79 billion in 2030 expanding at a CAGR of 6.6% over the forecast period of 2022-2030. Due to the padding utilised in the bag, a laptop bag helps to prevent the laptop screen from shattering or cracking. Laptop bags give protection from dust and scrapes and enough space to organise and
Laptop Sleeves Market 2022 Analysis Of Key Trends, Industry Dynamics And Future …
Laptop Sleeves Market is valued at USD 1.67 billion in 2022 and is projected to reach a value of USD 2.79 billion in 2030 expanding at a CAGR of 6.6% over the forecast period of 2022-2030. Due to the padding utilised in the bag, a laptop bag helps to prevent the laptop screen from shattering or cracking. Laptop bags give protection from dust and scrapes and enough space to organise and
Railroad Traction Power Supply System Market Study For 2022 To 2030 Providing In …
Global Railroad Traction Power Supply System Market is valued at USD 28.88 billion in 2022 and is projected to reach a value of USD 43.99 billion in 2030 expanding at a CAGR of 5.4% over the forecast period of 2022-2030. A traction motor in railways constitutes an electric motor that converts electrical energy into torque energy, and it is connected to a shaft, resulting in linear motion. Traction motors are powered by
E-Bike Battery Swapping Cabinets Market Key Drivers & On-Going Trends 2022 To 20 …
Electric vehicle battery swapping is a place at which an electric vehicle's discharged battery or battery pack can be immediately swapped for a fully charged one, eliminating the delay involved in waiting for vehicle's battery to charge. Battery swapping stations offer a quicker solution to address range anxiety, where each battery swap takes less than 10 minutes and requires much smaller space to install compared to charging stations. In addition, battery-as-a-service (BaaS)

All 5 Releases


More Releases for Virgin

genie script wesley virgin reviews: does it work?
Visit Official Website Here >> https://bit.ly/3xgskE4 Genie Script is a 30-day program created by Wesley Vergin that teaches you proper ways how to meditate and manifest to acquire financial, emotional, and mental improvements. Read my complete review to know all about this valuable course. What is the Genie Script? The Genie Script is a 30-day program that helps expand your awareness and open your eyes to the thousands of possibilities, It teaches you
Telecoms, Mobile, Broadband and Digital Media Market Biggest Innovation with Top …
Telecoms, Mobile, Broadband And Digital Media Market research report covering the current trend and effect on the business of COVID-19. This intelligence report includes investigations based on Current scenarios, Historical records, and future predictions. The thorough research report contains all the vital information about the Telecoms, Mobile, Broadband And Digital Media market, such as market share, CAGR, driving factors, and other key impacting factors. All these factors are combined in
Virgin Containerboard Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the Virgin Containerboard market analysis, which studies the Virgin Containerboard's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global "Virgin Containerboard Market 2020-2025" Research Report categorizes the global Virgin Containerboard market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth
Quad-Play Services Market Competitive Analysis to 2023: BT, Orange, Vodafone, Vi …
Businesses can achieve complete knowhow of general market conditions and tendencies with the information and data covered in this report. What is more, influencing factors such as market drivers, market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate market research report. The Quad-Play Services Market report covers several market dynamics and also estimates the growth rate and the
Fairmas welcomes Virgin Limited Edition as new customer
Sir Richard Branson's hotel group opted for financial planning software from Fairmas Berlin, London 17.12.2018: Berlin-based Fairmas GmbH, the hotel specialist for software solutions in the areas of financial planning, controlling, management reporting and benchmarking, is increasing its international customer base with Virgin Limited Edition, London. The subsidiary of the global Virgin Group Ltd. co-founded in 1970 by Sir Richard Branson, owns and operates a collection of exclusive and
New Report Virgin Olive Oil the Virgin Olive Oil Market Key Players Analysis and …
ReportsWeb.com has announced the addition of the “Global Virgin Olive Oil Market Professional Survey Report 2017” The report focuses on global major leading players with information such as company profiles, product picture and specification. This report studies Virgin Olive Oil in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to