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Coconut oil has anti-inflammatory, anti-fungal, and anti-microbial properties, due to which it is used as a preventive healthcare measure. It is extensively used in major industries like cosmetics and personal care as well as food and beverages, among others, which is expected to support the India coconut oil demand growth.
The health benefits associated with the use of coconut oil is surging its use in cooking. The high smoke point and antioxidant properties of coconut favour its use in frying, baking, and sautéing activities. As coconut oil is enriched with diverse flavours, it is extensively utilised in the cooking of traditional cuisines in the country. Moreover, the growing vegan population in the country is leading to a surge in the incorporation of coconut oil as a substitute for butter, contributing to the India coconut oil market expansion.
With the rising demand for healthy bakery and confectionery products, coconut oil is extensively used to boost the nutritional profile in the bakery industry. In addition, the high content of saturated fatty acids and the resistance to oxidative rancidity make coconut oil ideal for use in infant formulas, which is expected to increase the India coconut oil industry revenue.
India Coconut Oil Market Growth
*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
7 Opportunities and Challenges in the Market
8 Global Coconut Oil Market Overview
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 Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 India Coconut Oil Market Overview
9.1 Key Industry Highlights
9.2 India Coconut Oil Historical Market (2018-2023)
9.3 India Coconut Oil Market Forecast (2024-2032)
10 India Coconut Oil Market by Source
10.1 Organic
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Conventional
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 India Coconut Oil Market by Type
11.1 Virgin
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Extra Virgin
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Refined
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 India Coconut Oil Market by Application
12.1 Food and Beverage
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Cosmetics
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Pharmaceuticals
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Industrial
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 India Coconut Oil Market by Distribution Channel
13.1 Supermarket and Hypermarket
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Convenience Store
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Online
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 India Coconut Oil Market by Region
14.1 North India
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 East and Central India
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 West India
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 South India
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Value Chain Analysis
17 Trade Data Analysis (HS Code – 151311 and 151319)
17.1 Major Importing Countries
17.1.1 By Volume
17.1.2 By Value
17.2 Major Exporting Countries
17.2.1 By Volume
17.2.2 By Value
18 Price Analysis
19 Competitive Landscape
19.1 Market Structure
19.2 Company Profiles
19.2.1 Cocoguru Coconut Industries Private Limited
19.2.1.1 Company Overview
19.2.1.2 Product Portfolio
19.2.1.3 Demographic Reach and Achievements
19.2.1.4 Certifications
19.2.2 Sri Sellandiamman Oil Mill
19.2.2.1 Company Overview
19.2.2.2 Product Portfolio
19.2.2.3 Demographic Reach and Achievements
19.2.2.4 Certifications
19.2.3 Marico Limited
19.2.3.1 Company Overview
19.2.3.2 Product Portfolio
19.2.3.3 Demographic Reach and Achievements
19.2.3.4 Certifications
19.2.4 Patanjali Ayurved Limited
19.2.4.1 Company Overview
19.2.4.2 Product Portfolio
19.2.4.3 Demographic Reach and Achievements
19.2.4.4 Certifications
19.2.5 Forest Essentials
19.2.5.1 Company Overview
19.2.5.2 Product Portfolio
19.2.5.3 Demographic Reach and Achievements
19.2.5.4 Certifications
19.2.6 Kama Ayurveda Pvt. Ltd.
19.2.6.1 Company Overview
19.2.6.2 Product Portfolio
19.2.6.3 Demographic Reach and Achievements
19.2.6.4 Certifications
19.2.7 Mahavir Coconut Industries
19.2.7.1 Company Overview
19.2.7.2 Product Portfolio
19.2.7.3 Demographic Reach and Achievements
19.2.7.4 Certifications
19.2.8 Dabur Ltd
19.2.8.1 Company Overview
19.2.8.2 Product Portfolio
19.2.8.3 Demographic Reach and Achievements
19.2.8.4 Certifications
19.2.9 Organic India Private Limited
19.2.9.1 Company Overview
19.2.9.2 Product Portfolio
19.2.9.3 Demographic Reach and Achievements
19.2.9.4 Certifications
19.2.10 Kayal Agro Foods
19.2.10.1 Company Overview
19.2.10.2 Product Portfolio
19.2.10.3 Demographic Reach and Achievements
19.2.10.4 Certifications
19.2.11 Shalimar Chemical Works Private Ltd
19.2.11.1 Company Overview
19.2.11.2 Product Portfolio
19.2.11.3 Demographic Reach and Achievements
19.2.11.4 Certifications
19.2.12 Old Goa Oils and Foods Private Limited
19.2.12.1 Company Overview
19.2.12.2 Product Portfolio
19.2.12.3 Demographic Reach and Achievements
19.2.12.4 Certifications
19.2.13 JSP FOODS
19.2.13.1 Company Overview
19.2.13.2 Product Portfolio
19.2.13.3 Demographic Reach and Achievements
19.2.13.4 Certifications
19.2.14 Others
20 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. India Coconut Oil Market: Key Industry Highlights, 2018 and 2032
3. India Coconut Oil Historical Market: Breakup by Source (USD Million), 2018-2023
4. India Coconut Oil Market Forecast: Breakup by Source (USD Million), 2024-2032
5. India Coconut Oil Historical Market: Breakup by Type (USD Million), 2018-2023
6. India Coconut Oil Market Forecast: Breakup by Type (USD Million), 2024-2032
7. India Coconut Oil Historical Market: Breakup by Application (USD Million), 2018-2023
8. India Coconut Oil Market Forecast: Breakup by Application (USD Million), 2024-2032
9. India Coconut Oil Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10. India Coconut Oil Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11. India Coconut Oil Historical Market: Breakup by Region (USD Million), 2018-2023
12. India Coconut Oil Market Forecast: Breakup by Region (USD Million), 2024-2032
13. Major Importing Countries by Volume
14. Major Exporting Countries by Volume
15. Major Importing Countries by Value
16. Major Exporting Countries by Value
17. India Coconut Oil Market Structure
The India coconut oil market is projected to grow at a CAGR of 7.50% between 2024 and 2032.
The market is being aided by the rising use of coconut oil in cooking, the growing vegan population, and the increasing demand for coconut oil in the bakery industry.
Key trends aiding the market expansion are the growth of the cosmetics and personal care industry, the growing trend of do-it-yourself skincare, and the increasing production of virgin coconut oil.
The key Indian markets are North India, East and Central India, South India, and West India.
The various sources of coconut oil are organic and conventional.
The major types of coconut oil are virgin, extra-virgin, and refined, among others.
The various applications of coconut oil are food and beverage, cosmetics, pharmaceuticals, and industrial, among others.
The significant distribution channels in the market are supermarket and hypermarket, convenience store, and online, among others.
The major players in the market are Cocoguru Coconut Industries Private Limited, Sri Sellandiamman Oil Mill, Marico Limited, Patanjali Ayurved Limited, Forest Essentials, Kama Ayurveda Pvt. Ltd., Mahavir Coconut Industries, Dabur Ltd, Organic India Private Limited, Kayal Agro Foods, Shalimar Chemical Works Private Ltd, Old Goa Oils and Foods Private Limited, and JSP FOODS, among others.
Vulnerability to price fluctuations, inconsistency in product quality, and reliance on favorable weather conditions for coconut cultivation are the key challenges in the industry.
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