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United States Coconut Oil Market Share, Size, Analysis: By Product Type: RBD, Virgin, Crude; By Nature: Conventional, Organic; By Source: Wet Coconut, Dry Coconut; By Application: Food and Beverages, Pharmaceuticals, Cosmetic and Personal Care, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
United States Coconut Oil Market Outlook
The United States Coconut oil market size is projected to grow at a CAGR of 3.98% between 2024 and 2032.
Key Takeaways:
- According to ITC, Crude coconut oil imports worth 201,589 thousand US dollars elevate the US coconut oil market growth.
- ITC states US crude coconut oil exports worth 5720 thousand US dollars boost the domestic coconut oil market.
- ITC reports exports of refined coconut oil and its derivatives, valued at 46,734 thousand US dollars.
Dry coconut enhances the United States coconut oil market growth owing to its abundant oil content
Dry coconut, distinguished by its elevated oil content and prolonged shelf life compared to its wet counterpart, emerges as a valuable and economical resource for extracting coconut oil. Its adaptability in processing, uniformity in quality, and preserved nutritional properties position it as a favored selection in the competitive coconut oil industry, accommodating various consumer preferences.
Wet coconut, employed in the creation of Virgin Coconut Oil (VCO), maintains its innate taste and nutrients through minimal handling. With its heightened moisture levels, it is well-suited for culinary applications such as coconut milk. Its nutrient richness, including medium-chain fatty acids, augments health advantages, fostering improved metabolism and immune system functionality.
In April 2024, AAK expanded its AkoPlanet platform for plant-based foods in the United States with AkoPlanet CNO 16-001, a coconut oil variant. This aimed to enhance a sustainable coconut oil supply chain, meeting stringent sustainability standards and underscoring AAK's commitment to sustainable plant-based ingredients.
Market Segmentation
United States Coconut Oil Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- RBD
- Virgin
- Crude
Market Breakup by Nature
- Conventional
- Organic
Market Breakup by Source
- Wet Coconut
- Dry Coconut
Market Breakup by Application
- Food and Beverages
- Pharmaceuticals
- Cosmetic and Personal Care
- Others
Market Breakup by Region
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
The United States coconut oil market key players are Archer-Daniels-Midland Co., Cargill Inc., Hain Celestial Group, Inc. (Spectrum Organic Products, LLC), Schwabe North America, Inc. (Nature’s Way Products, Inc., Bunge Global S.A., Nutiva Inc., ConnOils LLC, VedaOils, Bo International, Gustav Heess GmbH and Wildly Organic among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| 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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*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 North America Coconut Oil Market Overview
8.1 Key Industry Highlights
8.2 North America Coconut Oil Historical Market (2018-2023)
8.3 North America Coconut Oil Market Forecast (2024-2032)
9 United States Coconut Oil Market Overview
9.1 Key Industry Highlights
9.2 United States Coconut Oil Historical Market (2018-2023)
9.3 United States Coconut Oil Market Forecast (2024-2032)
10 United States Coconut Oil Market by Product Type
10.1 RBD
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Virgin
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Crude
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 United States Coconut Oil Market by Nature
11.1 Conventional
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Organic
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 United States Coconut Oil Market by Source
12.1 Wet Coconut
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Dry Coconut
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 United States Coconut Oil Market by Application
13.1 Food and Beverages
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Pharmaceuticals
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Cosmetic and Personal Care
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 United States Coconut Oil Market by Region
14.1 New England
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Mideast
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Great Lakes
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Plains
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Southeast
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Southwest
14.6.1 Historical Trend (2018-2023)
14.6.2 Forecast Trend (2024-2032)
14.7 Rocky Mountain
14.7.1 Historical Trend (2018-2023)
14.7.2 Forecast Trend (2024-2032)
14.8 Far West
14.8.1 Historical Trend (2018-2023)
14.8.2 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, 151319)
17.1 Major Exporting Countries
17.1.1 By Value
17.1.2 By Volume
17.2 Major Importing Countries
17.2.1 By Value
17.2.2 By Volume
18 Price Analysis
19 Competitive Landscape
19.1 Market Structure
19.2 Company Profiles
19.2.1 Archer-Daniels-Midland Co.
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 Cargill Inc.
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 Hain Celestial Group, Inc. (Spectrum Organic Products, LLC)
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 Schwabe North America, Inc. (Nature’s Way Products, Inc.)
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 Bunge Global S.A.
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 Nutiva Inc.
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 ConnOils LLC
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 VedaOils
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 Bo International
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 Gustav Heess GmbH
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 Wildly Organic
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 Others
20 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Coconut Oil Market: Key Industry Highlights, 2018 and 2032
2. United States Coconut Oil Market: Key Industry Highlights, 2018 and 2032
3. United States Coconut Oil Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. United States Coconut Oil Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. United States Coconut Oil Historical Market: Breakup by Nature (USD Million), 2018-2023
6. United States Coconut Oil Market Forecast: Breakup by Nature (USD Million), 2024-2032
7. United States Coconut Oil Historical Market: Breakup by Source (USD Million), 2018-2023
8. United States Coconut Oil Market Forecast: Breakup by Source (USD Million), 2024-2032
9. United States Coconut Oil Historical Market: Breakup by Application (USD Million), 2018-2023
10. United States Coconut Oil Market Forecast: Breakup by Application (USD Million), 2024-2032
11. United States Coconut Oil Historical Market: Breakup by Region (USD Million), 2018-2023
12. United States Coconut Oil Market Forecast: Breakup by Region (USD Million), 2024-2032
13. Major Exporting Countries by Value
14. Major Importing Countries by Value
15. Major Exporting Countries by Volume
16. Major Importing Countries by Volume
17. United States Coconut Oil Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 3.98% between 2024 and 2032.
The coconut oil market is categorised according to product type, which includes RBD, virgin and crude.
The key players are Archer-Daniels-Midland Co., Cargill Inc., Hain Celestial Group, Inc. (Spectrum Organic Products, LLC), Schwabe North America, Inc. (Nature’s Way Products, Inc., Bunge Global S.A., Nutiva Inc., ConnOils LLC, VedaOils, Bo International, Gustav Heess GmbH and Wildly Organic among others.
Based on the source, the market is divided into wet coconut and dry coconut.
The market is broken down into New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
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