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The Asia Pacific coconut oil market size is projected to grow at a CAGR of 4.97% between 2025 and 2034.
Base Year
Historical Year
Forecast Year
According to China (Hainan) International Coconut Industry Forum, in 2023 about 250 million coconuts are produced annually in China.
According to China (Hainan) International Coconut Industry Forum, in 2023 about 250 million coconuts are produced annually in China.
Indonesia and Philippines are the largest coconut oil exporters in the world.
Value in USD Million
2025-2034
Asia Pacific Coconut Oil Market Outlook
*this image is indicative*
Conventional coconut oil boosts the Asia Pacific coconut oil market growth and is driven by increasing consumer awareness of its health benefits associated with high levels of medium-chain fatty acid in coconut oil.
Conventional coconut oil is derived from coconut is grown using traditional agricultural methods, often utilising chemicals like synthetic fertilizer and pesticides. This agricultural practice produces a higher volume of coconut oil at lower production costs. Additionally, the versatile application of coconut oil in food, cosmetic and pharmaceutical industries contribute to expanding demand across the region.
In January 2024, In India, coconut farmers of Karumalloor launched 'Keragram' their locally produced coconut oil brand, which was supported by the Department of Agriculture. They processed about 25-30 kg of coconut oil daily under the Kerala Gramam program. The product was launched under Karumalloor Krishi Bhavan as part of a programme to boost coconut production.
Organic coconut oil targets a niche segment of the market and is cultivated through organic farming techniques that provide chemical-free oil and align with the goal of environmental sustainability. These methods prioritise soil health, biodiversity, and the overall well-being of ecosystems. As health consciousness among consumers is increasing, they are preferring foods and oils with less chemical input to avert any future problems.
Asia Pacific Coconut Oil Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type:
Market Breakup by Application:
Market Breakup by Source:
Market Breakup by Nature:
Market Breakup by Region:
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and the latest developments like mergers and acquisitions, investments, and capacity expansion.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 4.97% between 2025 and 2034.
The coconut oil market is categorised according to its application in industry, which includes Food and Beverages, pharmaceuticals, cosmetics, and personal care, among others.
The key players in the market are Archer-Daniels-Midland Co., Cargill Inc., Greenville Agro Corporation, Royce Food Corporation, Tantuco Enterprises, Inc., Celebes Coconut Corporation, Bunge Global S.A., HanCole Corporation, Marico Ltd., and Dabur India Ltd., among others.
Based on the product type, the market is divided into RBD, virgin and crude.
The market based on nature is divided into conventional and organic.
The market is broken down into China, Japan, India, ASEAN and Australia.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Nature |
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Breakup by Source |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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