Press release
Prominent Organic Coconut Oil Market Trend for 2025: Sustainable Innovation And Investment Drive Growth In Organic Coconut Products
What industry-specific factors are fueling the growth of the organic coconut oil market?As the awareness surrounding health increases among consumers, it is anticipated to fuel growth in the organic coconut oil market. Health consciousness refers to an individual's responsiveness and proactive attitude towards improving or sustaining their overall health and well-being. An increased understanding of chronic diseases, convenient access to health information, emphasis on preemptive healthcare, and the expansion of the health and wellness industry have all contributed to this growing consciousness. Organic coconut oil contributes to this trend by providing a natural, nutrient-dense alternative that promotes cardiovascular health, bolsters the immune system and enhances skin and hair health, appealing to those pursuing healthier, additive-free choices. For example, in October 2023, the New Food magazine, published by the UK-based publisher Russell Publishing Limited, reported that about 3.3 million of its consumers increased their purchases of healthier items by at least 10% in 2022, leading to a 12% volume increase, and now over 500,000 more consumers' shopping baskets contain at least 65 percent of healthy products. Hence, the organic coconut oil market's growth is being fueled by the surge in health consciousness among consumers.
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What Is the projected market size and growth rate for the organic coconut oil market?
The growth of the organic coconut oil market has been robust in recent years. The market is anticipated to expand from $2.43 billion in 2024 to $2.63 billion in 2025, with a compound annual growth rate (CAGR) of 8.2%. This growth during the historic period can be linked to the increasing awareness of health benefits, a surge in demand for organic items, growing popularity of natural skincare, proliferation of vegan diets, and an increase in the use of functional foods.
Over the coming years, the organic coconut oil market size is anticipated to witness robust growth, with a projection to reach $3.55 billion in 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 7.8%. The surge during the forecast period can be credited to the preference for cooking oils devoid of chemicals, expansion in coconut farming, growth in disposable income, increased prevalence of online retail, and the booming demand for superfoods. The main trends expected during the forecast timeline are technological advancements in coconut oil processing, the evolution of cold-pressed processing methods, innovative strategies in maintaining flavor during processing, the emergence of organic refining technologies, and enhancements in extraction techniques of virgin coconut oil.
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What new trends are reshaping the organic coconut oil market and its opportunities?
Primary businesses functioning in the organic coconut oil market are concentrating on strategic financial commitments to boost production capabilities, broaden their product ranges, and consolidate their market dominance. These strategic investments are intended to allocate resources either financial, technological, or another type, diligently to attain the long-term ambitions aligned with its corporate objectives. For instance, Erewhon Market, a supermarket chain rooted in the US, made a strategic investment in Zuma Valley LLC, another US-established food maker, in July 2023. This strategic step fosters growth in superior quality, organic coconut-based products. The goal is to broaden the range of products offered by Zuma Valley, including organic coconut oil, and optimize its distribution to align with the increased consumer appetite for naturally and sustainably derived coconut products. This alliance with Zuma Valley illustrates Erewhon's dedication to high-quality, nutrient-packed food and mirrors the escalating consumer preferences for healthy, plant-based components.
What major market segments define the scope and growth of the organic coconut oil market?
The organic coconut oil market covered in this report is segmented -
1) By Product: Virgin Organic Coconut Oil, Refined Organic Coconut Oil
2) By Distribution Channel: Online Stores, Supermarkets Or Hypermarkets, Specialty Stores, Other Distribution Channels
3) By Application: Food Industry, Chemical Industry, Beauty And Cosmetics Industry, Medical Industry, Other Applications
4) By End-User: Household, Commercial
Subsegments:
1) By Virgin Organic Coconut Oil: Cold-Pressed Virgin Organic Coconut Oil, Expeller-Pressed Virgin Organic Coconut Oil, Centrifuge Extracted Virgin Organic Coconut Oil
2) By Refined Organic Coconut Oil: Steam Refined Organic Coconut Oil, Chemical-Free Refined Organic Coconut Oil, Bleached And Deodorized Refined Organic Coconut Oil
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Which region dominates the organic coconut oil market?
Asia-Pacific was the largest region in the organic coconut oil market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the organic coconut oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the organic coconut oil industry growth?
Major companies operating in the organic coconut oil market are Spectrum Organic Products LLC, Kirkland Signature, NOW Foods, Garden of Life, Dr. Bronner's, Jarrow Formulas, Primex Group, Nature's Way Co. Ltd., Nutiva, BetterBody Foods & Nutrition, Barlean's Organic Oils LLC., La Tourangelle, Carrington Farms, Radha Beauty, Celebes Coconut Corporation, Greenville Agro Corporation, CIIF OMG, Viva Naturals Inc., Coconut Secret, Tropical Traditions, Island Fresh, Anjou, Sky Organics LLC., Organic Fiji, The Coconut Company (UK) Ltd.
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What Is Covered In The Organic Coconut Oil Global Market Report?
•Market Size Forecast: Examine the organic coconut oil market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the organic coconut oil market for a structured understanding.
•Key Players Overview: Analyze major players in the organic coconut oil market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the organic coconut oil market.
•Segment Contributions: Evaluate how different segments drive overall growth in the organic coconut oil market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the organic coconut oil market.
•Industry Challenges: Identify potential risks and obstacles affecting the organic coconut oil market.
•Competitive Landscape: Review strategic developments in the organic coconut oil market, including expansions, agreements, and new product launches.
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