0 likes | 11 Views
The coconut oil market is expected to reach USD 7.4 billion by 2027, recording a CAGR of 5.5%. It is estimated to be valued at $5.7 billion in 2022.
E N D
CoconutOilMarketworth$7.4billionby2027 Thereport"CoconutOilMarketbyProductType(RBD,Virgin,andCrude),Source(DryCoconutandWetCoconut),Application(Food&Beverages,Cosmetics&PersonalCareProducts,andPharmaceuticals),NatureandRegion-GlobalForecastto2027",publishedbyMarketsandMarkets,theglobalcoconutoilmarketsizeisestimatedtobevaluedatUSD5.7billionin2022.ItisprojectedtoreachUSD7.4billionby2027,recordingaCAGRof5.5%,intermsofvalue.TheIncreasingdemandofnaturalingredientsinthefoodandcosmeceuticalindustrytodrivethecoconutoilmarket. DownloadPDFBrochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=78320975 TheRBDsegmentaccountsforthelargestmarketshareinthecoconutoilmarket Basedonproducttypes,RBDsegmentisthelargestsegmentintheoverallcoconutoilmarket.RBDcoconutoilisalsowidelyusedinthecosmeticindustry,particularlytomakesoaps.Itenablesthesoaptolathermoretothepointthatasoapextremelyhighincoconutoilcanlatherinsaltwater,whichisnotthecasewithnormalsoaps. ThewetcoconutsegmentisprojectedtogrowwiththehighestCAGRinthecoconutoilmarket. Basedonsource,thewetcoconutsegmentisprojectedtogrowwiththehighestCAGRinthecoconutoilmarket.Thewetprocessinvolvestheuseofrawcoconutinsteadofdriedcopra.Thecoconut’sproteincontentproducesanoilandwateremulsion,whichleadstoaprocessofseparatingtheemulsiontocollectonlytheoil.Thisprocessusestechniquessuchascentrifugesorpre-treatmentsthatapplycold,heat,acids,salts,enzymes,electrolysis,shockwaves,orsteamdistillation.Sometimes,thereisacombinationoftheseprocesses. Browsein-depthTOCon“CoconutOilMarket” 159-Tables 38-Figures 178-Pages Thefood&beveragesegmentaccountsforthelargestmarketshareinthecoconutoilmarket Byapplication,thecoconutoilmarketissegmentedintofood&beverage,Cosmetics&personalcareproducts,pharmaceuticals,andotherapplications.Food&beveragesincludebakery&confectionery,snacks&cereals,beverages,soups,salads,andsauces,andotherfood&beverageapplications.Coconutoiladdsnutritional&functionalvaluetothefinalfoodproducts.Italsohasahighsmokingpointwhichmakesitapreferablechoiceamongfoodproductmanufacturers. TheorganicsegmentisprojectedtogrowwiththehighestCAGRinthecoconutoilmarket Bynature,thecoconutoilmarketissegmentedintoconventionalandorganic.Themainaimoforganiccoconutfarmingistheproductionofqualityproductsthatcontainnochemicalresiduesandmaintainsoilfertility.Organicfarmingofcoconutallowstheuseoforganicfertilizerssuchascompostmanure,farmyardmanure,fishmeal,bloodmeal,neemcake,groundnutcake,andbonemeal.Differentcountrieshavedifferentsetsofrulestobefollowedtogetcoconutscertifiedasorganicproduce. RequestforCustomization:https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=78320975 TheEuroperegionisthesecond-largestregioninthecoconutoilmarketintheforecastperiod Europeisthesecond-largestregionintheglobalcoconutoilmarketintheforecastperiod.
AccordingtotheNationalStarchFoodInnovationEurope,partoftheIngredionGroupofincorporatedcompanies,demandfor‘cleanlabel’ productshasgrippedthewholeofEurope,ratherthanselectcountries.ItalsostatedthatEUconsumerswerepayingmoreattentiontoallformsoflabeling. KeyPlayers: Thisreportincludesastudyonthemarketinganddevelopmentstrategies,alongwiththeproductportfoliosofleadingcompanies.Itconsistsofprofilesofleadingcompanies,suchasCargillIncorporated(US),ADM(US),BungeLimited(US),ManggaDua(Indonesia),GreenvilleAgroCorporation(Philippines),RoyceFoodCorporation(Philippines),NovelNutrientsPvt.Ltd.(India),AromaaxInternational(India),AdamsGroup(US),andConnoilsLLC(US). RelatedReports: Fats&OilsMarketbyType(VegetableOils(Palm,Soybean,Rapeseed,Sunflower,andOlive),Fats(Butter,Tallow,andLard)),Application(FoodandIndustrial),Source(VegetablesandAnimals),Form,andRegion-GlobalForecastto2026 https://www.marketsandmarkets.com/Market-Reports/fats-oils-market-6198812.html VegetableOilsinBeautyandPersonalCareMarketbyApplication(ColorCosmetics,SkinCare,HairCare),Nature(Conventional,Organic),Type(Coconut,SweetAlmond,Jojoba,Argan,Apricot,Pomegranate,Avocado)andRegion -GlobalForecastto2027 https://www.marketsandmarkets.com/Market-Reports/vegetable-oils-beauty-personal-care-market-45404454.html About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000highgrowthnicheopportunities/threatswhichwillimpact70%to80%ofworldwidecompanies’ revenues.Currentlyservicing7500customersworldwideincluding80%ofglobalFortune1000companiesasclients.Almost75,000topofficersacrosseightindustriesworldwide approach MarketsandMarkets™ for their painpoints around revenuedecisions. Our850fulltimeanalystsand SMEs at MarketsandMarkets™ are tracking global high growth markets following the "GrowthEngagementModel– GEM".TheGEMaimsatproactivecollaborationwiththeclientstoidentifynewopportunities,identifymostimportantcustomers,write"Attack,avoidanddefend"strategies,identifysourcesofincremental revenues for both the company and its competitors. MarketsandMarkets™ now comingupwith1,500MicroQuadrants(Positioningtopplayersacrossleaders,emergingcompanies,innovators,strategicplayers)annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companiesthisyearfortheirrevenueplanningandhelpthemtaketheirinnovations/disruptionsearlytothemarketbyprovidingthemresearchaheadofthecurve. MarketsandMarkets’sflagshipcompetitiveintelligenceandmarketresearchplatform,"Knowledgestore"connectsover200,000marketsandentirevaluechainsfordeeperunderstandingoftheunmetinsightsalongwithmarketsizingandforecastsofnichemarkets. Contact: Mr.AashishMehraMarketsandMarkets™ INC. 630DundeeRoad Suite430 Northbrook,IL60062 USA:1-888-600-6441 Email:sales@marketsandmarkets.com VisitOurWebsite:https://www.marketsandmarkets.com ResearchInsight:https://www.marketsandmarkets.com/ResearchInsight/coconut-oil-market.asp
ContentSource:https://www.marketsandmarkets.com/PressReleases/coconut-oil.aspContentSource:https://www.marketsandmarkets.com/PressReleases/coconut-oil.asp