Market Overview:
The global organic virgin coconut oil market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for organic virgin coconut oil from various applications such as supermarkets & hypermarkets, convenience stores, online stores, and others. Additionally, the growing awareness about the benefits of using organic virgin coconut oil is also contributing to the growth of this market.
Product Definition:
Organic Virgin Coconut Oil is made from the fresh, cold-pressed meat of coconuts that have not been exposed to pesticides or other chemicals. It has a mild, sweet flavor and a light aroma. Organic Virgin Coconut Oil is used in cooking, baking, skin care, and hair care. It is also used as a carrier oil for essential oils.
Cold Pressed:
Coconut oil is one of the most popular and healthy cooking oils. It has a high proportion of medium chain triglycerides (MCT), which are considered to be more easily digestible than long chain triglycerides (LCT). The chemical composition of coconut oil makes it an ideal food for human consumption as well as an excellent ingredient for animal feed, biodiesel, and pet grooming products.
The global cold-pressed virgin coconut oil market size was valued at USD 2.
Expeller-pressed:
Expeller-pressed (EP) is a method of oil extraction from the coconut that reduces the percentage of impurities in comparison to the centrifuged or dried coconut oil. EPO is considered as one of the most popular and purest forms available in organic virgin coconut oil market. It has high demand among consumers due to its low content of impurities, such as free fatty acids, residual solvents, and non-esterified cholesterol.
Application Insights:
The supermarkets and hypermarkets segment led the global organic virgin coconut oil market in 2017. This is attributed to growing awareness among consumers regarding healthy food options, coupled with increasing spending capacity of consumers in emerging economies such as India and China. Moreover, expanding retail network of multinational companies including Walmart Inc., Carrefour S.A., Ahold NV, etc. will also boost the growth of this segment over the forecast period.
Online stores are expected to be the fastest-growing application owing to rising online shopping trend across various regions including Asia Pacific and Middle East & Africa where internet penetration rate is still low compared to other regions such as North America.
Regional Analysis:
North America was the largest market, accounting for more than 35% of global demand in 2017. The region is expected to witness steady growth over the forecast period owing to increasing health consciousness and awareness about organic products among consumers. Furthermore, rising disposable income levels will also have a positive impact on industry growth over the next eight years.
Asia Pacific is anticipated to be one of the fastest-growing markets at an estimated CAGR of XX% from 2018 to 2030 owing to rapid urbanization and growing population in countries such as China and India which has resulted into increased consumption patterns for various consumer goods including food oils. Moreover, economic development coupled with changing lifestyles will further boost product demand in this region during the forecast period.
Growth Factors:
- Increasing awareness about the benefits of organic virgin coconut oil is driving the market growth.
- Rising demand for natural and organic products is fueling the growth of the market.
- Growing popularity of coconut oil as a carrier oil in aromatherapy is propelling the market growth.
- Increasing use of virgin coconut oil in food and beverage industry is contributing to the market expansion.
- Growing number of online retail platforms offering organic virgin coconut oils is providing impetus to the market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Organic Virgin Coconut Oil Market Research Report
By Type
Cold Pressed, Expeller-pressed
By Application
Supermarkets & Hypermarkets, Convenience Stores, Online Stores, Others
By Companies
Nutiva, Celebes Coconut, Greenville Agro, Earth Born, Vita Coco, Farm Direct Coconuts, Parker Biotech, Nutiva
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Organic Virgin Coconut Oil Market Report Segments:
The global Organic Virgin Coconut Oil market is segmented on the basis of:
Types
Cold Pressed, Expeller-pressed
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets & Hypermarkets, Convenience Stores, Online Stores, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nutiva
- Celebes Coconut
- Greenville Agro
- Earth Born
- Vita Coco
- Farm Direct Coconuts
- Parker Biotech
- Nutiva
Highlights of The Organic Virgin Coconut Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cold Pressed
- Expeller-pressed
- By Application:
- Supermarkets & Hypermarkets
- Convenience Stores
- Online Stores
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Organic Virgin Coconut Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Organic virgin coconut oil is made from pure, cold-pressed coconut oil. It is a natural and healthy alternative to other oils, such as vegetable or olive oil.
Some of the key players operating in the organic virgin coconut oil market are Nutiva, Celebes Coconut, Greenville Agro, Earth Born, Vita Coco, Farm Direct Coconuts, Parker Biotech, Nutiva.
The organic virgin coconut oil market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Organic Virgin Coconut Oil Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Organic Virgin Coconut Oil Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Organic Virgin Coconut Oil Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Organic Virgin Coconut Oil Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Organic Virgin Coconut Oil Market Size & Forecast, 2018-2028 4.5.1 Organic Virgin Coconut Oil Market Size and Y-o-Y Growth 4.5.2 Organic Virgin Coconut Oil Market Absolute $ Opportunity
Chapter 5 Global Organic Virgin Coconut Oil Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Organic Virgin Coconut Oil Market Size Forecast by Type
5.2.1 Cold Pressed
5.2.2 Expeller-pressed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Organic Virgin Coconut Oil Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Organic Virgin Coconut Oil Market Size Forecast by Applications
6.2.1 Supermarkets & Hypermarkets
6.2.2 Convenience Stores
6.2.3 Online Stores
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Organic Virgin Coconut Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Organic Virgin Coconut Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Organic Virgin Coconut Oil Analysis and Forecast
9.1 Introduction
9.2 North America Organic Virgin Coconut Oil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Organic Virgin Coconut Oil Market Size Forecast by Type
9.6.1 Cold Pressed
9.6.2 Expeller-pressed
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Organic Virgin Coconut Oil Market Size Forecast by Applications
9.10.1 Supermarkets & Hypermarkets
9.10.2 Convenience Stores
9.10.3 Online Stores
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Organic Virgin Coconut Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Organic Virgin Coconut Oil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Organic Virgin Coconut Oil Market Size Forecast by Type
10.6.1 Cold Pressed
10.6.2 Expeller-pressed
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Organic Virgin Coconut Oil Market Size Forecast by Applications
10.10.1 Supermarkets & Hypermarkets
10.10.2 Convenience Stores
10.10.3 Online Stores
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Organic Virgin Coconut Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Organic Virgin Coconut Oil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Organic Virgin Coconut Oil Market Size Forecast by Type
11.6.1 Cold Pressed
11.6.2 Expeller-pressed
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Organic Virgin Coconut Oil Market Size Forecast by Applications
11.10.1 Supermarkets & Hypermarkets
11.10.2 Convenience Stores
11.10.3 Online Stores
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Organic Virgin Coconut Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Organic Virgin Coconut Oil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Organic Virgin Coconut Oil Market Size Forecast by Type
12.6.1 Cold Pressed
12.6.2 Expeller-pressed
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Organic Virgin Coconut Oil Market Size Forecast by Applications
12.10.1 Supermarkets & Hypermarkets
12.10.2 Convenience Stores
12.10.3 Online Stores
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Organic Virgin Coconut Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Organic Virgin Coconut Oil Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Organic Virgin Coconut Oil Market Size Forecast by Type
13.6.1 Cold Pressed
13.6.2 Expeller-pressed
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Organic Virgin Coconut Oil Market Size Forecast by Applications
13.10.1 Supermarkets & Hypermarkets
13.10.2 Convenience Stores
13.10.3 Online Stores
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Organic Virgin Coconut Oil Market: Competitive Dashboard
14.2 Global Organic Virgin Coconut Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nutiva
14.3.2 Celebes Coconut
14.3.3 Greenville Agro
14.3.4 Earth Born
14.3.5 Vita Coco
14.3.6 Farm Direct Coconuts
14.3.7 Parker Biotech
14.3.8 Nutiva