Coconut oil, or copra oil, is an edible oil extracted from the kernel or meat of mature coconuts harvested from the coconut palm. It has various applications. Because of its high saturated fat content, it is slow to oxidize and, thus, resistant to rancidification, lasting up to six months at 24 °C without spoiling.
Due to the COVID-19 pandemic, the global Refined Coconut Oil market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Refined Coconut Oil market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Refined Coconut Oil landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Virgin Coconut Oil accounting for % of the Refined Coconut Oil global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Food segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Refined Coconut Oil include NMK HOLDINGS PRIVATE LIMITED, Greenville Agro Corporation, P.T. Harvard Cocopro, Naturoca, SUN BIO NATURALS INDIA PRIVATE LIMITED, Celebes, Sakthi Exports, NATURE PACIFIC PTY LTD and Cocomate, etc. In terms of revenue, the global 3 largest players have a % market share of Refined Coconut Oil in 2021.
This report focuses on Refined Coconut Oil volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Refined Coconut Oil market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Refined Coconut Oil Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Virgin Coconut Oil
Extra Virgin Coconut Oil
Segment by Application
Food
Beauty and Cosmetics
Medical
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
NMK HOLDINGS PRIVATE LIMITED
Greenville Agro Corporation
P.T. Harvard Cocopro
Naturoca
SUN BIO NATURALS INDIA PRIVATE LIMITED
Celebes
Sakthi Exports
NATURE PACIFIC PTY LTD
Cocomate
Manchiee De Coco
KKP Industry
Genius Nature Herbs Pvt Ltd
Keratech
Harin Bio-Tech International Private Limited