Thursday, June 28, 2018

Virgin Coconut Oil Market to Reach 800 Mn USD by 2025 - QY Research


Global Virgin Coconut Oil Industry Research
Virgin Coconut Oil Market report studies the global Virgin Coconut Oil industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.

Virgin Coconut Oil (VCO) is extracted from fresh coconut milk obtained from mature kernel (12 months old from pollination) of coconut by mechanical or natural means, with or without the application of heat, which does not lead to alteration of the nature of the oil. VCO can be consumed in its natural state without the need for further processing. Hence, VCO does not undergo chemical refining, bleaching or deodorizing. Virgin coconut oil is colorless, free of sediment and has natural fresh coconut scent. It is free from rancid odor or taste. Virgin coconut oil consists mainly of medium chain fatty acids. The fatty acids in virgin coconut oil are distinct from animal fats which mainly consist of long chain saturated fatty acids.

The coconut trees are widely distributed in the Philippines, Indonesia, India, Sri Lanka, Malaysia, etc. Especially in Philippines, Indonesia and India, the coconut production accounts for more than 70 percent of the global production. Therefore, the coconut oil production also distribute in these countries.

Philippines are adding planting area of coconut trees, and a few years later, the coconut products production will increase. At the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in coconut oil market will become more intense.

The global Virgin Coconut Oil market is valued at 650 million USD in 2017 and is expected to reach 800 million USD by the end of 2025, growing at a CAGR of 2.7% between 2018 and 2025.

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This research report categorizes the China and global Virgin Coconut Oil market by type, end-use industry, and region.

International Manufacturers Covered

    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

By Type

    Virgin Coconut Oil

    Extra Virgin Coconut Oil

By Application

    Food

    Medical

    Beauty and cosmetics

By Region

    United States

    Europe

    Japan

    Korea

    Southeast Asia

    India

    Central & South America

    Middle East & Africa

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