What is the current market size and future outlook for the organic coconut oil market?
The organic coconut oil market size has grown strongly in recent years. It will grow from $2.43 billion in 2024 to $2.63 billion in 2025 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to growing awareness of health benefits, increasing demand for organic products, rising popularity of natural skincare, expansion of vegan diets, and a surge in functional food applications.
The organic coconut oil market size is expected to see strong growth in the next few years. It will grow to $3.55 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to preference for chemical-free cooking oils, growth in coconut farming, increase in disposable income, rise in online retail, and growing popularity of superfoods. Major trends in the forecast period include advancements in coconut oil processing, development of cold-pressed processing methods, innovations in flavor retention during processing, introduction of organic refining technologies, and improved extraction techniques for virgin coconut oil.
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How has the organic coconut oil market evolved, and what factors have shaped its growth?
The rising health consciousness among consumers is expected to propel the growth of the organic coconut oil market going forward. Health consciousness refers to an individual’s awareness, concern, and proactive approach toward maintaining or improving their overall health and well-being. Health consciousness among consumers is rising due to increased awareness of chronic diseases, easy access to health information, a focus on preventive healthcare, and the growth of the health and wellness industry. Organic coconut oil drives health consciousness among consumers by offering a natural, nutrient-rich alternative that promotes heart health, boosts immunity, and enhances skin and hair wellness, appealing to those seeking healthier, additive-free options. For instance, in October 2023, according to the New Food magazine published by Russell Publishing Limited, a UK-based publishing company, in 2022, around 3.3 million of its customers bought at least 10% more healthy products, resulting in a 12% volume increase, and over 500,000 additional shoppers now have baskets containing at least 65 percent healthy items. Therefore, rising health consciousness among consumers is driving the growth of the organic coconut oil market.
What are the major segments of the organic coconut oil market?
The organic coconut oil market covered in this report is segmented –
1) By Product: Virgin Organic Coconut Oil, Refined Organic Coconut Oil
2) By Distribution Channel: Online Stores, Supermarkets Or Hypermarkets, Specialty Stores, Other Distribution Channels
3) By Application: Food Industry, Chemical Industry, Beauty And Cosmetics Industry, Medical Industry, Other Applications
4) By End-User: Household, Commercial
Subsegments:
1) By Virgin Organic Coconut Oil: Cold-Pressed Virgin Organic Coconut Oil, Expeller-Pressed Virgin Organic Coconut Oil, Centrifuge Extracted Virgin Organic Coconut Oil
2) By Refined Organic Coconut Oil: Steam Refined Organic Coconut Oil, Chemical-Free Refined Organic Coconut Oil, Bleached And Deodorized Refined Organic Coconut Oil
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Which companies dominate the organic coconut oil market?
Major companies operating in the organic coconut oil market are Spectrum Organic Products LLC, Kirkland Signature, NOW Foods, Garden of Life, Dr. Bronner’s, Jarrow Formulas, Primex Group, Nature’s Way Co. Ltd., Nutiva, BetterBody Foods & Nutrition, Barlean’s Organic Oils LLC., La Tourangelle, Carrington Farms, Radha Beauty, Celebes Coconut Corporation, Greenville Agro Corporation, CIIF OMG, Viva Naturals Inc., Coconut Secret, Tropical Traditions, Island Fresh, Anjou, Sky Organics LLC., Organic Fiji, The Coconut Company (UK) Ltd.
How will evolving trends contribute to the growth of the organic coconut oil market?
Major companies operating in the organic coconut oil market are focusing on strategic investments to enhance production capacity, expand their product portfolios, and strengthen their market presence. Strategic investments refer to a company’s deliberate allocation of financial, technological, or other resources to achieve long-term objectives that align with its business goals. For instance, in July 2023, Erewhon Market, a US-based supermarket chain, invested in Zuma Valley LLC, a US-based food manufacturer, which signifies a strategic move to support the growth of high-quality, organic coconut-based products. It aims to expand Zuma Valley’s product offerings, including organic coconut oil, and enhance its distribution, aligning with the increasing consumer demand for natural and sustainably sourced coconut products. This partnership underscores Erewhon’s commitment to high-quality, nutrient-rich foods and reflects the increasing consumer demand for healthy, plant-based ingredients.
What are the key regional dynamics of the organic coconut oil market, and which region leads in market share?
Asia-Pacific was the largest region in the organic coconut oil market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the organic coconut oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Organic Coconut Oil Market Report 2025 Offer?
The organic coconut oil market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Organic coconut oil is coconut oil that is extracted from coconuts grown without the use of synthetic pesticides, herbicides, or chemical fertilizers. It is produced by organic farming standards, ensuring that the entire production process, from growing to processing, avoids using artificial additives, preservatives, or genetically modified organisms (GMOs).
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