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Organic Virgin Coconut Oil Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Processing Technology (Fresh-Dry Process, Low Pressure Method, Kitchen Method, Fermentation Method, Centrifuge Process, Bawalan-Masa Process), By Edible Application (Culinary Purposes, Infant Formula And Baby Foods, Crackers, Cookies And Cereals, Confectionaries), By Distribution Channel (Online, Offline), And By Geography - Forecasts From 2019 To 2024

Published:  May 2021 Report Code: KSI061611718 Pages: 114    
The Organic Virgin Coconut Oil market is projected to grow at a CAGR of 6.43% to reach US$3.928 billion in 2024 from US$2.703 billion in 2018. The demand for virgin coconut oil (VCO) is increasing owing to its nutritional benefits as a functional food. The production of VCO is done mostly at the micro or at village levels and is serving as an excellent farm income compared to the traditional copra production. Edible applications of the VCO include cooking or frying purposes, it is used as a source of fat in infant formula and baby foods, used as spray oil in cookies and cereals to enhance flavor increase the shelf life of the products giving it a glossy appearance as well. It is also used as an ingredient in candy bars, toffee, and caramels.
 
DRIVERS
 
Increasing adoption across industry verticals
 
RESTRAINTS
 
Availability of substitute
 
INDUSTRY UPDATE
 
In December 2018, Marico introduced a new range of cold-pressed virgin coconut oil under the brand name Coco Soul. The new product range includes 100% organic and natural variants.
The major players profiled in the Organic Virgin Coconut Oil market are Nutiva Inc., Earth Born Co., Ltd, Vita Coco, Coconut Country Living, Greenville Agro Corporation, Farm Direct Coconuts, VSS Products, and Farmer India.

Organic Virgin Coconut Oil Market Scope:

Report Metric Details
 Market size value in 2018  US$2.703 billion 
 Market size value in 2024  US$3.928 billion 
 Growth Rate  CAGR of 6.43% from 2018 to 2024
 Base year  2018
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Billion
 Segments covered  Processing Technology, Edible Application, Distribution channel, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Nutiva Inc., Earth Born Co., Ltd, Vita Coco, Coconut Country Living, Greenville   Agro Corporation, Farm Direct Coconuts, VSS Products, Farmer India
 Customization scope  Free report customization with purchase

 

Segmentation
 
The Organic Virgin Coconut Oil market has been analyzed through the following segments:
 
By Processing Technology
Fresh-dry process
Low pressure method
Kitchen method
Fermentation method
Centrifuge process
Bawalan-Masa process
 
By Edible Application
Culinary purposes
Infant formula and baby foods
Crackers, cookies, and cereals
Confectionaries
 
By Distribution channel
Online
Offline
 
By Geography
 
North America
USA
Canada
Mexico
 
South America
Brazil
Argentina
Others
 
Europe
Germany
France
United Kingdom
Spain
Others
 
Middle East and Africa
Saudi Arabia
Other
 
Asia Pacific
China
Japan
India
Others
 

Frequently Asked Questions (FAQs)

Q1. What will be the organic virgin coconut oil market size by 2024?
A1. The organic virgin coconut oil market is projected to reach a total market size of US$3.928 billion by 2024.

Q2. What is the size of the global organic virgin coconut oil market?
A2. Organic Virgin Coconut Oil Market was valued at US$2.703 billion in 2018.

Q3. What are the growth prospects for the organic virgin coconut oil market?
A3. The global organic virgin coconut oil market is projected to grow at a CAGR of 6.43% during the forecast period.

Q4. What factors are anticipated to drive the organic virgin coconut oil market growth?
A4. The demand for virgin coconut oil (VCO) is increasing owing to its nutritional benefits as a functional food.

Q5. Who are the major players in the organic virgin coconut oil market?
A5. The major players profiled in the organic virgin coconut oil market report are Nutiva Inc., Earth Born Co., Ltd, Vita Coco, Coconut Country Living, Greenville Agro Corporation, Farm Direct Coconuts, VSS Products, and Farmer India.

1. Introduction
1.1. Market Overview
1.2. Market Definition
1.3. Scope Of The Study
1.4. Currency
1.5. Assumptions
1.6. Base, And Forecast Years Timeline
2. Research Methodology 
2.1. Research Design
2.2. Secondary Sources
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. Organic Virgin Coconut Oil Market By Processing Technology
5.1. Fresh-Dry Process
5.2. Low Pressure Method
5.3. Kitchen Method
5.4. Fermentation Method
5.5. Centrifuge Process
5.6. Bawalan-Masa Process
6. Organic Virgin Coconut Oil Market By  Edible Application
6.1. Culinary Purposes
6.2. Infant Formula And Baby Foods
6.3. Crackers, Cookies And Cereals
6.4. Confectionaries
7. Organic Virgin Coconut Oil Market By Distribution Channel
7.1. Online
7.2. Offline
8. Organic Virgin Coconut Oil Market By Geography
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East And Africa
8.4.1. Saudi Arabia
8.4.2. Other
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. India
8.5.4. Others
9. Competitive Intelligence
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments And Deals
9.3. Strategies of Key Players
10. Company Profiles
10.1. Nutiva Inc.
10.2. Earth Born Co., Ltd
10.3. Vita Coco
10.4. Coconut Country Living
10.5. Greenville Agro Corporation
10.6. Farm Direct Coconuts
10.7. VSS Products
10.8. Farmer India
LIST OF FIGURES
LIST OF TABLES
Nutiva Inc.
Earth Born Co., Ltd
Vita Coco
Coconut Country Living
Greenville Agro Corporation
Farm Direct Coconuts
VSS Products
Farmer India

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