Market Research Industry Today
Global Virgin Coconut Oil Market will reach 780 million US$ by the end of 2025
Virgin Coconut Oil (VCO) is growing in popularity as functional food oil and the public awareness of it is increasing. It is expected that VCO will experience a dramatic growth in the market.
Currently, the factors driving the growth of the aforementioned industry are food consumption, cosmetic and others. As the demand increases rapidly for downstream industries, and the wider range of applications, the demand for coconut oil will correspondingly increase. The increased consumption of coconut oil is expected to continue during the remaining years of the forecast period of 2017-2022. Virgin coconut oil industry will usher in a stable growth space.
Almost all Virgin Coconut Oil products in Europe, North America and China are imported from other countries, such as Philippines, Indonesia. On a global scale, currently coconut oil industry is in the state of production and consumption booming.
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The global Virgin Coconut Oil market is valued at 650 million US$ in 2017 and will reach 780 million US$ by the end of 2025, growing at a CAGR of 2.3% during 2018-2025.
The major manufacturers covered in this report
NMK HOLDINGS PRIVATE LIMITED
Greenville Agro Corporation
P.T. Harvard Cocopro
SUN BIO NATURALS INDIA PRIVATE LIMITED
NATURE PACIFIC PTY LTD
Manchiee De Coco
Genius Nature Herbs Pvt Ltd
Harin Bio-Tech International Private Limited
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Virgin Coconut Oil
Extra Virgin Coconut Oil
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Beauty and Cosmetics
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