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Key players in the coconut oil market strive to enhance the quality of products, increase their presence in markets through innovation and sustainability, and meet the growing demand from consumers seeking organic and ethically sourced options.
Cargill Inc., founded in 1865 and headquartered in Minneapolis, Minnesota, utilises its extensive global distribution network to ensure the widespread availability of its coconut oil products across various markets. The company is committed to sustainable and ethical sourcing practices, focusing on minimising environmental impact and supporting local farming communities. Cargill also invests significantly in research and development to create new applications and enhance the functionality of coconut oil in both food and non-food industries.
Archer Daniels Midland (ADM) Company, established in 1902 and headquartered in Chicago, Illinois, enhances its global market presence through strategic acquisitions and partnerships, which bolster its supply chain capabilities. ADM is dedicated to sustainable agricultural practices and innovative processing technologies to maintain high-quality, ethical production. The company incorporates coconut oil into a diverse range of food and industrial applications, leveraging its extensive product portfolio to meet varied customer needs.
Bunge Limited, founded in 1818 and based in St. Louis, Missouri, capitalises on its robust global sourcing and distribution network to ensure a consistent supply and expand into new markets. The company is committed to sustainable sourcing practices, aiming to minimise environmental impact while supporting local communities. Bunge focuses on product innovation, developing new formulations and applications for coconut oil, particularly in the food, personal care, and biofuel industries.
Adams Group, established in 1987 and headquartered in Dallas, Texas, operates with a vertically integrated business model that oversees the entire production process to ensure quality control and efficiency. The company invests in developing strong, recognizable brands for its coconut oil products, which enhances market visibility and consumer trust. Adams Group prioritises research and development to explore new uses and benefits of coconut oil, staying ahead of market trends and consumer demands.
The Coconut Company, founded in 2005 and based in London, UK, emphasises organic certification to appeal to consumers seeking high-quality, natural products free from chemicals and additives. The company diversifies its product line to include a range of coconut-based items, such as coconut oil and sugar, addressing various consumer needs. The Coconut Company is committed to sustainable sourcing practices, working directly with farmers to ensure fair trade and eco-friendly production processes.
Other key players profiled in the global coconut oil market report are Tantuco Enterprises, Inc., CIIF OMG, Royce Food Corporation and Mangga Dua, among others.
Coconut Oil 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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Coconut Oil Market Analysis
8.1 Key Industry Highlights
8.2 Global Coconut Oil Historical Market (2018-2023)
8.3 Global Coconut Oil Market Forecast (2024-2032)
8.4 Global Coconut Oil Market by Nature
8.4.1 Organic
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Conventional
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Coconut Oil Market by Source
8.5.1 Dry Coconut
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Wet Coconut
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Coconut Oil Market by Product Type
8.6.1 RBD
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Virgin
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Crude
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Coconut Oil Market by Application
8.7.1 Food and Beverages
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Pharmaceuticals
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Cosmetic and Personal Care
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.8 Global Coconut Oil Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Coconut Oil Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Coconut Oil Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Coconut Oil Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Coconut Oil Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Coconut Oil Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Code – 151319)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Cargill Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Archer-Daniels-Midland Company
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Bunge Limited
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Greenville Agro Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Adams Group
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 The Coconut Company
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Tantuco Enterprises, Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 CIIF OMG
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Royce Food Corporation
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Mangga Dua
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Coconut Oil Market: Key Industry Highlights, 2018 and 2032
2. Global Coconut Oil Historical Market: Breakup by Nature (Million Tons), 2018-2023
3. Global Coconut Oil Market Forecast: Breakup by Nature (Million Tons), 2024-2032
4. Global Coconut Oil Historical Market: Breakup by Source (Million Tons), 2018-2023
5. Global Coconut Oil Market Forecast: Breakup by Source (Million Tons), 2024-2032
6. Global Coconut Oil Historical Market: Breakup by Product Type (Million Tons), 2018-2023
7. Global Coconut Oil Market Forecast: Breakup by Product Type (Million Tons), 2024-2032
8. Global Coconut Oil Historical Market: Breakup by Application (Million Tons), 2018-2023
9. Global Coconut Oil Market Forecast: Breakup by Application (Million Tons), 2024-2032
10. Global Coconut Oil Historical Market: Breakup by Region (Million Tons), 2018-2023
11. Global Coconut Oil Market Forecast: Breakup by Region (Million Tons), 2024-2032
12. North America Coconut Oil Historical Market: Breakup by Country (Million Tons), 2018-2023
13. North America Coconut Oil Market Forecast: Breakup by Country (Million Tons), 2024-2032
14. Europe Coconut Oil Historical Market: Breakup by Country (Million Tons), 2018-2023
15. Europe Coconut Oil Market Forecast: Breakup by Country (Million Tons), 2024-2032
16. Asia Pacific Coconut Oil Historical Market: Breakup by Country (Million Tons), 2018-2023
17. Asia Pacific Coconut Oil Market Forecast: Breakup by Country (Million Tons), 2024-2032
18. Latin America Coconut Oil Historical Market: Breakup by Country (Million Tons), 2018-2023
19. Latin America Coconut Oil Market Forecast: Breakup by Country (Million Tons), 2024-2032
20. Middle East and Africa Coconut Oil Historical Market: Breakup by Country (Million Tons), 2018-2023
21. Middle East and Africa Coconut Oil Market Forecast: Breakup by Country (Million Tons), 2024-2032
22. Major Exporting Countries by Value
23. Major Importing Countries by Value
24. Major Exporting Countries by Volume
25. Major Importing Countries by Volume
26. Global Coconut Oil Market Structure
In 2023, the coconut oil industry reached an approximate volume of 3.9 million tons.
The market is estimated to grow at a CAGR of 1.20% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around 4.37 million tons by 2032.
The market is being driven due to the rising usage of coconut oil for cooking purposes, skincare, and in the dental care sector.
The key trends aiding the market include a shift towards organic farming, technological advancements in the production process, and growing usage in developing economies.
Regions considered in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Based on nature, market segmentations include organic and conventional.
Different product types are RBD, virgin, and crude.
The major players in the market are Cargill Inc., Archer-Daniels-Midland Company, Bunge Limited, Greenville Agro Corporation, Adams Group, The Coconut Company, Tantuco Enterprises, Inc., CIIF OMG, Royce Food Corporation, and Mangga Dua.
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