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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Leading Manufacturers in the Coconut Derivatives Market
To meet the increasing demand, companies are introducing unique products including snacks and beauty products with coconut extract.
Axelum Resources Corp.: Founded in 1986, with its headquarters in the Philippines, Axelum Resources Corp. manufactures and provides coconut derivatives such as milk powder, cream, water, oil, and desiccated coconut globally.
Jaka Investments Corporation: Jaka was founded in 1974, with its headquarters in the Philippines. The company operates in investment management, real estate, safety matches, forestry, distribution, food production, security, and social outreach.
Celebes Coconut Corporation: Founded in 1981, Celebes Coconut Corporation is a reputable manufacturer and exporter of organic banana chips, coconut products, and dehydrated fruits. The company is headquartered in the Philippines.
The Vita Coco Company, Inc.: Founded in 2004, with its headquarters in the United States, The Vita Coco Company offers leading coconut water Vita Coco, sustainable Ever & Ever, and protein-infused PWR LIFT.
Other global coconut derivatives market key players are PT. Global Coconut among others.
Coconut Derivatives Market Report Snapshots
Coconut Derivatives Market Size
Coconut Derivatives Market Growth
Coconut Derivatives Market Trends
Coconut Derivatives Market Share
Coconut Derivatives Manufacturers
Coconut Derivatives Market Regional Analysis
*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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Key Questions Answered in the Report
The coconut derivatives market was valued at USD 15.18 billion in 2023.
The revenue generated from the coconut derivatives market is expected to reach USD 36.39 billion in 2032.
The market drivers include increasing awareness about the health benefits of coconut and coconut-based products, expanding cultivation of coconuts, rising demand for coconut water, and easy availability through expanding distribution channels.
The key trends which are expected to positively influence the market growth include the expanding use in the food and beverages sector, government initiatives, and introduction of new coconut products.
The major types considered in the market are mature and young.
The market is categorised according to the derivatives products, which include coconut water, coconut oil, coconut milk, desiccated coconut, and others.
Based on the end use, the market is divided into food and beverages, cosmetics, pharmaceuticals, and others.
The market is projected to grow at a CAGR of 10.20% between 2024 and 2032.
The market key players are Axelum Resources Corp., Jaka Investments Corporation, Celebes Coconut Corporation, PT. Global Coconut, and The Vita Coco Company, Inc. among others.
The market is broken down into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
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