Virgin Coconut Oil Market

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VIRGIN COCONUT OIL MARKET 2019
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2024
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VIRGIN COCONUT OIL MARKET 2019
Virgin Coconut Oil Market 2019 Industry
Survey, Growth, CompetitiveLandscape and
Forecasts to 2024
Coconut oil is an edible oil extracted from the
kernel or meat of the matured coconuts from the
coconut palm. Indonesia and Philippines are the
two key coconut producers all across the globe
and India captured the third place. The coconut
oil which is extracted from coconut has
significant usage in personal care, food and
various industrial sectors. Apart from this, it
is also utilized in healthcare industry
especially by diabetic patients as it helps in
appropriate utilization of blood glucose. Besides
ordinary coconut oil which is extracted from
coconut, there has been an increase in the demand
for virgin coconut oil. The virgin coconut oil is
generally extracted from fresh coconut milk
procured from 12 months of pollination of coconut
either by natural or by mechanical techniques. It
is rich in fatty acid and includes nutrients such
as vitamins, minerals and antioxidants. No
chemical processing, or bleaching is used in the
extraction of virgin coconut oil. This product is
gaining traction all over the world as
nutraceutical food oil and is getting popular
amongst health conscious people. The global
virgin coconut oil market is expected to be
driven by the rising prevalence of diseases among
the consumers both in the developed and
developing economies which is enforcing consumers
to shift towards healthy and nutritional food
consumption. Virgin coconut oil is expected to
experience high demand from consumers with higher
health consciousness and as well as aging
population. Also, increasing consumer expenditure
on functional food and beverages as well as
health benefits in terms of proper nourishment of
skin and hair is estimated to strengthen the
demand for virgin coconut oil over the forecast
period. Increasing consumption of omega fatty
acid will generate more demand for virgin coconut
oil, thus increasing the growth of this market.
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VIRGIN COCONUT OIL MARKET 2019

• Segments
• The global virgin coconut oil market is segmented
  on the basis of type, such as organic, and
  inorganic. Organic segment from this market is
  increasing the demand of the virgin coconut oils
  as organic food products are healthier than
  normal food products.
• On the basis of application, the market is
  segmented into cooking, cosmetics, healthcare,
  and others. Increasing demand for food products
  is helping to drive the growth of this market.
• On the basis of distribution channel, the market
  is segmented into store based such as
  supermarkets hypermarkets, specialty stores,
  food processing industries, and others, and
  non-store based. Hypermarkets and supermarkets in
  the store based segment account for major share
  of this market due to more varieties and
  increasing number of these store based markets.
• Enquiry of the Report https//www.marketresearchf
  uture.com/enquiry/4130

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VIRGIN COCONUT OIL MARKET 2019
Regional Analysis
The Global Virgin Coconut Oil Market is
regionally segmented into North America, Europe,
Asia Pacific, and Rest of the World (RoW). Asia
Pacific accounted for the largest revenue share
in virgin coconut oil market globally and is
estimated to retain its dominance in this market
during the forecast period i.e. 2016-2024. The
region is the largest producer and exporter of
virgin coconut oil to other geographical regions.
There is about 60-70 of value addition in
coconut oil happening in Philippines which will
help the market grow over the forecast period.
Asia Pacific is followed by North America due to
the new product development by the key
manufacturers of virgin coconut oil which is
projected to be one of the significant reasons
for the rising growth of virgin coconut oil
products. However, Asia Pacific region is
estimated to witness a maximum growth in the
global virgin coconut oil market over the
forecast period 2017-2024.
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VIRGIN COCONUT OIL MARKET 2019
Application Major Players in this Research

• Virgin Coconut Oil Market Prominent Players
• Barlean's (U.S.), 
• Hain Celestial (U.S.), 
• Nutiva, Inc. (U.S.), 
• Healthy Traditions (U.S.),
• NMK Holdings (Pvt) Ltd. (Sri Lanka), 
• Greenville Agro Corporation (Philippines) and
• SUN BIONATURALS (INDIA) PRIVATE LTD. (India)

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