The Coconut Oil market size is projected to reach a CAGR of 5.6% from 2022 to 2028.
Coconut oil also known as coconut butter is an edible oil obtained from the fruit of the coconut plant. It is a white solid fat, which is semisolid at colder temperature and in warmer temperature it is a clear thin liquid oil. In the unrefined form it has a distinct coconut aroma. It is used as a food oil, and in industrial applications for cosmetics and detergent production.
Surged use for cosmetics and pharmaceutical industry are some of the factors that have supported long-term expansion for Coconut Oil Market.
COVID-19 had a positive effect on the market, as people got more concerned about their health and switched to coconut oil for the healthier alternative.
Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the large scale production and also to the health benefits offered by the oil over the conventional oils.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 5.6% during the forecasting period, 2022-2028 |
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Historical Data |
2019-2020 |
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Forecast Years |
2022-2028 |
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Base Year |
2021 |
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Units Considered |
Revenue in USD billion and CAGR from 2022 to 2028 |
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Report Segmentation |
Source, nature, product type, application and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Sun Bio Naturals, Nutiva, Inc., NMK Holdings Private Limited, Greenville Agro Corporation, iTi Tropicals Inc., The Hain Celestial Group, Edward & Sons Trading Co, Barlean’s, Jax Coco and Naturoca |
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Available Customization |
In addition to the market data for Coconut Oil Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Coconut Oil Market is segmented into Source, nature, product type, application and region.
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