Fairfield Market Research Coconut Products Market Size up by 8.6% CAGR 2023-2030

Coconut Products Market

Global Coconut Products Market Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Type Coverage, By Derivative Product Type Coverage, By End User Coverage, By Distribution Channel Coverage, By Geographic Coverage and By Company)

Published Date: Nov 2023 | Format: | No. of Pages: 198

Industry: Food & Beverage


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Global Coconut Products Market Forecast

  • Coconut products size expects a robust rise at a CAGR 8.6% between 2023 - 2030
  • Market valuation poised to see an increase from US$20.6 Bn in 2022, to US$36.7 Bn by 2030

Global Coconut Products Market Snapshot, 2018 - 2030

Quick Report Digest

  1. The key trend anticipated to fuel the coconut products market growth is the increasing awareness of health benefits associated with coconuts. Coconut-based products are considered natural, organic, and healthy alternatives in various food and beverage applications.
  2. Another major market trend expected to fuel the coconut derivatives, such as coconut oil and milk, find extensive applications in cosmetics and pharmaceuticals due to their natural moisturizing and healing properties.
  3. In 2022, mature coconuts are widely used for producing various coconut products due to their higher oil content and richer taste compared to young coconuts.
  4. Coconut oil is a versatile product used not only in cooking but also in cosmetics, and pharmaceuticals. Its health benefits and diverse applications make it the dominant derivative product type in the market.
  5. In 2022, the food and beverages industry is the largest consumer of coconut products. Coconut derivatives like coconut water, milk, and desiccated coconut are extensively used in various cuisines, beverages, and desserts, making this sector the dominant end user.
  6. Supermarkets and hypermarkets have a vast consumer base and offer a wide range of coconut products under one roof. Consumers often prefer the convenience of purchasing coconut products along with their regular groceries, making this distribution channel the dominant choice.
  7. Asia Pacific dominates the coconut products market due to the abundant availability of coconuts in countries like Indonesia, the Philippines, and India. These regions have a rich tradition of coconut-based cuisine and products, leading to a high demand and making Asia Pacific the dominant market.
  8. North America is witnessing a surge in demand for healthy and natural food products, including coconut-based items. North America is the area with the fastest-growing market due to a combination of creative product introductions and increased consumer knowledge of the health advantages of coconut products.

A Look Back and a Look Forward - Comparative Analysis

The coconut products market is currently experiencing robust growth, driven by increasing consumer awareness about the health benefits of coconut-based products. Coconut derivatives such as coconut oil, water, milk, and desiccated coconut are highly sought after due to their natural and nutritious properties.

The demand is further amplified by the growing trend towards organic and plant-based products, where coconuts find extensive applications in the food and beverage, cosmetics, and pharmaceutical industries. Key players are focusing on product diversification and expanding their distribution networks, catering to the rising demand for coconut products globally.

The market witnessed staggered growth during the historical period 2018 - 2022. The market for coconut products grew steadily as customer tastes shifted in favour of healthier options. The period witnessed a surge in the use of coconut-based ingredients in various food preparations, beverages, and beauty products. Additionally, advancements in processing technologies improved the quality and shelf life of coconut products, further fueling market expansion.

Rising disposable incomes, and urbanisation played pivotal roles in driving the demand for convenient and natural products, contributing to the historical market growth. The future of the coconut products market appears promising, with sustained growth anticipated. Increasing consumer inclination towards organic, non-GMO, and plant-based products will continue to drive the market.

Moreover, ongoing research and development efforts to create innovative coconut-based products are expected to open new avenues for market players. The market will witness a surge in demand for premium coconut derivatives, catering to the evolving preferences of health-conscious consumers. Expansion in distribution channels, especially through online platforms, will enhance market accessibility, contributing to the market's exponential growth in the coming years.

Global Coconut Products Market, 2018 - 2030

Key Growth Determinants

  • Expanding Health-conscious Consumer Clustre

The rising health consciousness among consumers is a significant driver propelling the coconut products market. Coconut-based products are perceived as natural, organic, and healthy alternatives, aligning with the growing demand for nutritious food choices.

Coconut oil, water, milk, and other derivatives are rich in vitamins, minerals, and antioxidants, making them popular among health-conscious individuals. As awareness about the health benefits of coconuts spreads, the market is experiencing a surge in demand, especially in regions where health and wellness are paramount consumer concerns.

  • Versatile Application Range

The coconut products market is the versatility of coconuts in various applications. Coconut derivatives like oil, milk, water, and desiccated coconut are used not only in culinary creations but also in cosmetics, pharmaceuticals, and personal care products.

A wide array of applications enhances the market's growth potential, as coconut products find their way into diverse industries. This versatility is attracting both consumers and businesses, leading to increased investments in coconut-based products and driving the market forward.

  • Sustainability Drive

The need for coconut goods is being driven by the increased focus on sustainability and environmentally friendly practices. The cultivation of coconut trees requires little water and chemical inputs, making them sustainable resources. As people grow more aware of environmental issues, they actively search for items that share these ideals.

Coconuts, being natural and biodegradable, are gaining popularity as sustainable alternatives in various industries. Businesses focusing on eco-friendly packaging and production processes are finding success in the market, fuelled by the environmentally aware consumer base. This trend is expected to sustain the growth of the coconut products market in the foreseeable future.

Major Growth Barriers

  • Supply Chain Challenges

The coconut products industry is the complexity of the supply chain. Coconuts are primarily grown in tropical regions, which often face challenges such as weather fluctuations and natural disasters. These factors can disrupt the supply chain, leading to inconsistent product availability and price fluctuations.

Additionally, the logistics involved in transporting coconuts and their derivatives to various regions can be intricate, impacting the market's stability..

  • Intense Competition, and Price Sensitivity

Intense competition and price sensitivity pose challenges to market players. The coconut products market is saturated with numerous producers and suppliers, leading to competitive pricing strategies. Price sensitivity among consumers, especially in price-conscious regions, affects profit margins for businesses.

Maintaining high-quality standards while managing competitive pricing is a delicate balance. Companies face the challenge of offering cost-effective products without compromising on quality, which requires strategic planning and innovative approaches to stay ahead in the market.

Key Trends and Opportunities to Look at

  1. Rising Demand for Healthier Dietary Alternatives

Consumers are increasingly seeking healthier alternatives, driving the popularity of coconut products. The trend is global, with a focus on organic and natural options.

Key players are investing in research and development to introduce innovative coconut-based products, catering to health-conscious consumers. Brands leverage this trend by emphasizing the health benefits of their coconut offerings through targeted marketing campaigns.

  1. Sustainable and Ethical Sourcing

Sustainability has become a paramount concern in the coconut products industry. Companies are adopting eco-friendly practices and ethical sourcing methods. Popular across regions, this trend influences purchasing decisions.

Brands are investing in sustainable sourcing, emphasizing fair trade, and promoting eco-conscious packaging. Transparent communication about these practices helps build brand loyalty and trust among environmentally conscious consumers.

  1. Innovative Product Diversification

Diversification of coconut-based products is a significant trend. Companies are expanding their product portfolios to include items like coconut flour, coconut sugar, and coconut snacks. This trend is popular in both developed and emerging markets.

Key players are investing in research to create unique, convenient, and value-added coconut products. Brands leverage this trend by introducing novel products, emphasizing convenience, and exploring culinary applications, catering to diverse consumer preferences.

Global Coconut Products Market DROs

How Does the Regulatory Scenario Shape this Industry?

The coconut products market is significantly influenced by regulatory frameworks that vary across regions. Regulatory entities such as the US FDA, and the European Food Safety Authority (EFSA) set stringent guidelines on food safety and labeling, impacting product quality standards and consumer trust.

Moreover, certifications like organic and Fair Trade, regulated by organisations such as the USDA Organic and Fair Trade International, respectively, play a vital role in market access, especially in North America, and Europe. In Asia, where a significant portion of coconut products originates, adherence to local food safety regulations is crucial for exports.

Region-specific changes, such as the European Union’s ban on certain pesticide residues, have forced market players to adapt. Compliance with these regulations not only ensures market entry but also builds credibility, enabling brands to capitalise on the growing consumer demand for safe and ethically sourced coconut products.

Fairfield’s Ranking Board

Top Segments

  1. Young Coconut Sales Prominent over Mature Counterparts

The young coconut segment dominated the market in 2022. These products are widely popular due to their refreshing taste, natural electrolytes, and health benefits. Young coconut products have carved a significant niche in the health and wellness sector, with a strong focus on natural hydration and nutrition.

As of the latest market analysis, young coconut products hold a dominant position in the market, accounting for approximately 60% of the total market share.

Furthermore, mature coconut products are fastest growing category in the market. These products are derived from mature brown coconuts and include items like desiccated coconut, coconut flour, and coconut sugar.

Mature coconut products are favoured for their rich flavour profiles and versatile applications in various culinary dishes and baked goods. With the increasing demand for gluten-free and organic alternatives, mature coconut products have experienced a surge in popularity among health-conscious consumers.

  1. Coconut Oil Sales Remain Noteworthy

In 2022, the coconut products market, coconut oil asserts its dominance. Coconut oil is a versatile product widely used in cooking, skincare, and haircare. Its popularity stems from its health benefits and diverse applications. As per the latest market data, coconut oil holds a substantial market share of approximately 50%.

The dominance of coconut oil can be attributed to its established usage in various industries, including food, cosmetics, and pharmaceuticals, making it a staple product for consumers globally.

Coconut water emerges as the fastest-growing category. Coconut water is renowned for its natural hydration properties and health benefits. It has gained popularity as a refreshing and healthy beverage choice, especially among health-conscious consumers. The market share of coconut water has experienced rapid growth, currently standing at around 30%.

  1. F&B Leads in Uptake

The food and beverages sector stands out as the dominant end-user category. Coconut products are widely used in the culinary industry, including both food and beverages. The versatility of coconut-based ingredients, such as coconut oil, coconut milk, and desiccated coconut, makes them essential components in various recipes and food products. As a result, the food and beverages sector commands a significant market share of approximately 55%.

The end user segments, cosmetics emerges as the fastest-growing category in the coconut products market. Coconut-derived ingredients, especially coconut oil and coconut water, have gained immense popularity in the cosmetics industry due to their natural moisturizing and nourishing properties. These ingredients are widely used in skincare products, hair care formulations, and cosmetics. The Cosmetics sector currently holds a market share of approximately 25% and is expected to experience significant growth in the coming years.

  1. Distribution Channel Category is Expected to be the Leading in Coconut Products Market

In 2022, supermarket/hypermarket emerges as the dominant distribution channel. Supermarkets and hypermarkets serve as one-stop destinations for consumers, offering a wide range of coconut products under a single roof. These retail outlets provide convenience, variety, and competitive pricing, attracting a large customer base.

Due to the ease of access and the ability to compare products and prices, consumers prefer purchasing coconut products from supermarkets and hypermarkets. This distribution channel commands a substantial market share of approximately 50%.

Moreover, the online retail stores segment represents the fastest-growing category in the coconut products market. With the proliferation of e-commerce platforms, consumers are increasingly shifting toward online shopping for their convenience and accessibility.

Online retail stores offer a wide array of coconut products, enabling consumers to explore various brands and product options from the comfort of their homes. The online retail stores segment currently holds a market share of approximately 30% and is expected to witness rapid growth in the coming years.

Regional Frontrunners

Asia Pacific Eats up the Largest Share of the Pie - Production, and Consumption

The Asia Pacific region continues to dominate the global coconut products market, contributing a substantial market share of around 65%. This prominence is primarily attributed to the region's favourable climate for coconut cultivation and its rich heritage of coconut-based products.

Countries like Indonesia, the Philippines, India, and Thailand are major players in the coconut industry, boasting extensive coconut plantations and a deeply rooted tradition of utilizing coconuts in various forms.

The region's tropical climate provides an ideal environment for coconut trees to thrive, resulting in high-quality coconut produce. Moreover, the booming demand for healthy and organic products has further propelled the coconut market in Asia Pacific.

Coconut-based products, known for their nutritional benefits and versatility, have gained significant traction among health-conscious consumers.

Global Coconut Products Market Regional Outlook, 2018 - 2030

North America Anticipates Profit Generation Through the Natural and Organic Boom

North America is poised to witness significant growth in coconut product sales during the forecast period, contributing to approximately 20% of the global market share. Several factors contribute to this surge in demand.

One of the primary drivers is the increasing awareness among North American consumers regarding the health benefits associated with coconut-based products. The rise in health-consciousness, coupled with a growing preference for natural and organic ingredients, has led to a substantial uptick in the consumption of coconut-based food, beverages, and personal care items.

Furthermore, the culinary landscape in North America has been diversifying, with coconut gaining popularity as a versatile ingredient in various cuisines. Coconut oil is increasingly used in cooking, baking, and beverages, appealing to a broad spectrum of consumers.

North America Coconut Products Market, by End-user, 2018 - 2030, US$ Bn

Fairfield’s Competitive Landscape Analysis

The competitive landscape is vibrant and evolving. Traditional coconut-producing countries, such as those in Southeast Asia, and the Pacific, are facing competition from newer entrants. Advancements in technology and agricultural practices have enabled countries outside the conventional coconut belt to cultivate this tropical crop. This diversification both enriches the market and intensifies competition. Companies are investing in research and development, creating innovative products, and establishing sustainable supply chains to gain a competitive edge.

Who are the Leaders in Global Coconut Products Market?

  1. Cocotana Coconut Products
  2. The Coconut Company (Uk) Ltd
  3. Thai Coconut Public Company Limited
  4. Metshu Exports (Pvt) Ltd
  5. Marico Ltd.
  6. Klassic Coconut
  7. Sambu Group
  8. Chocolate
  9. Universal Coco Indonesia
  10. Vita Coco
  11. Zico Beverages
  12. Ducoco Alimentos Sa
  13. The Vita Coco Company Inc.
  14. Mccormick & Company Inc.
  15. Danone Sa

Significant Company Developments

New Product Launches

  • May 2022: Danone has recently unveiled the introduction of Alpro, its second dairy-free line in China, following Vega, with the aim of capitalizing on the growing trend of plant-based food. Alpro offers a range of products, including coconut milk.
  • December 2020: Vita Coco recently introduced Choc-o-lot, a coconut milk-based chocolate beverage that is suitable for vegans. It is low in calories, containing less than 100 calories. Choc-o-lot is abundant in potassium and vitamin C, which can help support the immune system.
  • February 2022:Harmless Harvest, a producer of natural food and drink items made from coconuts, has extended its reach in Canada by launching its renowned Organic Coconut Water in the Costco Western Canada Region.

Distribution Agreements

  • January 2022: Vita Coco collaborated with Lyft to provide discounted rides home and refreshing coconut water. They stated that the purpose of this partnership is to ensure the hydration of consumers.
  • February 2021:PowerPlant Ventures, a growth-equity investor headquartered in Los Angeles, has recently acquired ZICO coconut water from The Coca-Cola Company.

An Expert’s Eye

Demand and Future Growth

The future is undeniably promising, driven primarily by the global shift towards healthier lifestyles. As consumers increasingly seek natural, organic, and plant-based alternatives, coconut products have emerged as a frontrunner.

The versatile nature of coconuts, from coconut water and milk to coconut oil and desiccated coconut, caters to diverse consumer needs, spanning from culinary uses to beauty and wellness applications.

This rising demand is further fueled by growing awareness about the nutritional benefits of coconuts, including their high mineral content, healthy fats, and antioxidants.

Supply Side of the Market

According to our analysis, the supply side, challenges are emerging. Climate change poses a significant threat to coconut cultivation, impacting yields and quality. Rising demand, particularly in regions where coconuts are not traditionally grown, exerts pressure on existing supply chains.

Sustainability concerns also cast a shadow, emphasizing the need for responsible farming practices to ensure a long-term supply of coconuts. Balancing this rising demand against the backdrop of environmental and ethical considerations will be a delicate challenge for industry players. Furthermore, climate change can lead to increased susceptibility of coconut trees to pests and diseases, further compromising their productivity.

Additionally, as coconut cultivation expands to meet the growing demand, there is a risk of deforestation and habitat destruction, exacerbating environmental concerns. Therefore, finding innovative solutions that promote sustainable farming methods and preserve natural ecosystems will be crucial in navigating this complex landscape.

Global Coconut Products Market is Segmented as Below:

By Type:

  • Young
  • Mature

By Derivative Product Type:

  • Coconut Oil
  • Coconut Water
  • Coconut Milk
  • Desiccated Coconut
  • Other Product Types

By End User:

  • Food and Beverages
  • Cosmetics
  • Pharmaceuticals
  • Others

By Distribution Channel:

  • Supermarket/Hypermarket
  • Convenience/Grocery Stores
  • Online Retail Stores
  • Other Distribution Channels

By Geographic Coverage:

  • North America 
    • U.S. 
    • Canada 
  • Europe 
    • Germany
    • U.K.
    • France
    • Italy
    • Turkey
    • Russia
    • Rest of Europe 
  • Asia Pacific 
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia Pacific 
  • Latin America 
    • Brazil 
    • Mexico 
    • Argentina
    • Rest of Latin America 
  • Middle East & Africa  
    • GCC 
    • South Africa
    • Egypt
    • Nigeria
    • Rest of Middle East & Africa

1. Executive Summary
    1.1. Global Coconut Products Market Snapshot
    1.2. Future Projections
    1.3. Key Market Trends
    1.4. Regional Snapshot, by Value, 2022
    1.5. Analyst Recommendations


2. Market Overview

    2.1. Market Definitions and Segmentations
    2.2. Market Dynamics
           2.2.1. Drivers
           2.2.2. Restraints
           2.2.3. Market Opportunities
    2.3. Value Chain Analysis
    2.4. Porter’s Five Forces Analysis
    2.5. COVID-19 Impact Analysis
           2.5.1. Supply
           2.5.2. Demand
    2.6. Impact of Ukraine-Russia Conflict
    2.7. Economic Overview
           2.7.1. World Economic Projections
    2.8. PESTLE Analysis


3. Global Coconut Products Market Outlook, 2018 - 2030

    3.1. Global Coconut Products Market Outlook, by Type ,Value (US$ Bn), 2018 - 2030
           3.1.1. Key Highlights
                 3.1.1.1. Young
                 3.1.1.2. Mature
    3.2. Global Coconut Products Market Outlook, by Derivative Product Type , Value (US$ Bn), 2018 - 2030
           3.2.1. Key Highlights
                 3.2.1.1. Coconut Oil
                 3.2.1.2. Coconut Water
                 3.2.1.3. Coconut Milk
                 3.2.1.4. Desiccated Coconut
                 3.2.1.5. Other Product Types
    3.3. Global Coconut Products Market Outlook, by End User, Value (US$ Bn), 2018 - 2030
           3.3.1. Key Highlights
                 3.3.1.1. FOOD AND BEVERAGES
                 3.3.1.2. Cosmetics
                 3.3.1.3. Pharmaceuticals
                 3.3.1.4. Others
    3.4. Global Coconut Products Market Outlook, by Distribution Channel , Value (US$ Bn), 2018 - 2030
           3.4.1. Key Highlights
                 3.4.1.1. Supermarket/Hypermarket
                 3.4.1.2. Convenience/Grocery Stores
                 3.4.1.3. Online Retail Stores
                 3.4.1.4. Other Distribution Channels
    3.5. Global Coconut Products Market Outlook, by Region, Value (US$ Bn), 2018 - 2030
           3.5.1. Key Highlights
                 3.5.1.1. North America
                 3.5.1.2. Europe
                 3.5.1.3. Asia Pacific
                 3.5.1.4. Latin America
                 3.5.1.5. Middle East & Africa


4. North America Coconut Products Market Outlook, 2018 - 2030

    4.1. North America Coconut Products Market Outlook, by Type , Value (US$ Bn), 2018 - 2030
           4.1.1. Key Highlights
                 4.1.1.1. Young
                 4.1.1.2. Mature
    4.2. North America Coconut Products Market Outlook, by Derivative Product Type , Value (US$ Bn), 2018 - 2030
           4.2.1. Key Highlights
                 4.2.1.1. Coconut Oil
                 4.2.1.2. Coconut Water
                 4.2.1.3. Coconut Milk
                 4.2.1.4. Desiccated Coconut
                 4.2.1.5. Other Product Types
    4.3. Global Coconut Products Market Outlook, by End User, Value (US$ Bn), 2018 - 2030
           4.3.1. Key Highlights
                 4.3.1.1. FOOD AND BEVERAGES
                 4.3.1.2. Cosmetics
                 4.3.1.3. Pharmaceuticals
                 4.3.1.4. Others
    4.4. Global Coconut Products Market Outlook, by Distribution Channel , Value (US$ Bn), 2018 - 2030
           4.4.1. Key Highlights
                 4.4.1.1. Supermarket/Hypermarket
                 4.4.1.2. Convenience/Grocery Stores
                 4.4.1.3. Online Retail Stores
                 4.4.1.4. Other Distribution Channels
    4.5. North America Coconut Products Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
           4.5.1. Key Highlights
                 4.5.1.1. U.S. Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 4.5.1.2. U.S. Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 4.5.1.3. U.S. Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 4.5.1.4. U.S. Coconut Products Market Distribution Channel, Value (US$ Bn), 2018 - 2030
                 4.5.1.5. Canada Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 4.5.1.6. Canada Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 4.5.1.7. Canada Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 4.5.1.8. Canada Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
           4.5.2. BPS Analysis/Market Attractiveness Analysis


5. Europe Coconut Products Market Outlook, 2018 - 2030

    5.1. Europe Coconut Products Market Outlook, by Type , Value (US$ Bn), 2018 - 2030
           5.1.1. Key Highlights
                 5.1.1.1. Young
                 5.1.1.2. Mature
    5.2. Europe Coconut Products Market Outlook, by Derivative Product Type , Value (US$ Bn), 2018 - 2030
           5.2.1. Key Highlights
                 5.2.1.1. Coconut Oil
                 5.2.1.2. Coconut Water
                 5.2.1.3. Coconut Milk
                 5.2.1.4. Desiccated Coconut
                 5.2.1.5. Other Product Types
    5.3. Europe Coconut Products Market Outlook, by End User, Value (US$ Bn), 2018 - 2030
           5.3.1. Key Highlights
                 5.3.1.1. FOOD AND BEVERAGES
                 5.3.1.2. Cosmetics
                 5.3.1.3. Pharmaceuticals
                 5.3.1.4. Others
    5.4. Europe Coconut Products Market Outlook, by Distribution Channel , Value (US$ Bn), 2018 - 2030
           5.4.1. Key Highlights
                 5.4.1.1. Supermarket/Hypermarket
                 5.4.1.2. Convenience/Grocery Stores
                 5.4.1.3. Online Retail Stores
           5.4.2. BPS Analysis/Market Attractiveness Analysis
    5.5. Europe Coconut Products Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
           5.5.1. Key Highlights
                 5.5.1.1. Germany Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.2. Germany Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.3. Germany Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 5.5.1.4. Germany Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 5.5.1.5. U.K. Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.6. U.K. Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.7. U.K. Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 5.5.1.8. U.K. Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 5.5.1.9. France Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.10. France Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.11. France Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 5.5.1.12. France Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 5.5.1.13. Italy Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.14. Italy Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.15. Italy Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 5.5.1.16. Italy Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 5.5.1.17. Turkey Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.18. Turkey Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.19. Turkey Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 5.5.1.20. Turkey Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 5.5.1.21. Russia Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.22. Russia Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.23. Russia Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 5.5.1.24. Russia Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 5.5.1.25. Russia Coconut Products Market End Use, Value (US$ Bn), 2018 - 2030
                 5.5.1.26. Rest of Europe Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.27. Rest of Europe Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 5.5.1.28. Rest of Europe Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 5.5.1.29. Rest of Europe Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
           5.5.2. BPS Analysis/Market Attractiveness Analysis


6. Asia Pacific Coconut Products Market Outlook, 2018 - 2030

    6.1. Asia Pacific Coconut Products Market Outlook, by Type , Value (US$ Bn), 2018 - 2030
           6.1.1. Key Highlights
                 6.1.1.1. Young
                 6.1.1.2. Mature
                 6.1.1.3. Gallium Nitride
    6.2. Asia Pacific Coconut Products Market Outlook, by Derivative Product Type , Value (US$ Bn), 2018 - 2030
           6.2.1. Key Highlights
                 6.2.1.1. Coconut Oil
                 6.2.1.2. Coconut Water
                 6.2.1.3. Coconut Milk
                 6.2.1.4. Desiccated Coconut
                 6.2.1.5. Other Product Types
    6.3. Asia Pacific Coconut Products Market Outlook, by End User, Value (US$ Bn), 2018 - 2030
           6.3.1. Key Highlights
                 6.3.1.1. FOOD AND BEVERAGES
                 6.3.1.2. Cosmetics
                 6.3.1.3. Pharmaceuticals
                 6.3.1.4. Others
    6.4. Asia Pacific Coconut Products Market Outlook, by Distribution Channel , Value (US$ Bn), 2018 - 2030
           6.4.1. Key Highlights
                 6.4.1.1. Supermarket/Hypermarket
                 6.4.1.2. Convenience/Grocery Stores
                 6.4.1.3. Online Retail Stores
                 6.4.1.4. Other Distribution Channels
           6.4.2. BPS Analysis/Market Attractiveness Analysis
    6.5. Asia Pacific Coconut Products Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
           6.5.1. Key Highlights
                 6.5.1.1. China Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 6.5.1.2. China Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 6.5.1.3. China Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 6.5.1.4. China Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 6.5.1.5. Japan Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 6.5.1.6. Japan Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 6.5.1.7. Japan Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 6.5.1.8. Japan Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 6.5.1.9. Japan Coconut Products Market End Use, Value (US$ Bn), 2018 - 2030
                 6.5.1.10. South Korea Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 6.5.1.11. South Korea Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 6.5.1.12. South Korea Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 6.5.1.13. India Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 6.5.1.14. India Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 6.5.1.15. India Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 6.5.1.16. India Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 6.5.1.17. Southeast Asia Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 6.5.1.18. Southeast Asia Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 6.5.1.19. Southeast Asia Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 6.5.1.20. Southeast Asia Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 6.5.1.21. Rest of Asia Pacific Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 6.5.1.22. Rest of Asia Pacific Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 6.5.1.23. Rest of Asia Pacific Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 6.5.1.24. Rest of Asia Pacific Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
           6.5.2. BPS Analysis/Market Attractiveness Analysis


7. Latin America Coconut Products Market Outlook, 2018 - 2030

    7.1. Latin America Coconut Products Market Outlook, by Type , Value (US$ Bn), 2018 - 2030
           7.1.1. Key Highlights
                 7.1.1.1. Young
                 7.1.1.2. Mature
    7.2. Latin America Coconut Products Market Outlook, by Derivative Product Type , Value (US$ Bn), 2018 - 2030
           7.2.1. Key Highlights
                 7.2.1.1. Coconut Oil
                 7.2.1.2. Coconut Water
                 7.2.1.3. Coconut Milk
                 7.2.1.4. Desiccated Coconut
                 7.2.1.5. Other Product Types
    7.3. Latin America Coconut Products Market Outlook, by End User, Value (US$ Bn), 2018 - 2030
           7.3.1. Key Highlights
                 7.3.1.1. FOOD AND BEVERAGES
                 7.3.1.2. Cosmetics
                 7.3.1.3. Pharmaceuticals
                 7.3.1.4. Others
    7.4. Latin America Coconut Products Market Outlook, by Distribution Channel , Value (US$ Bn), 2018 - 2030
           7.4.1. Key Highlights
                 7.4.1.1. Supermarket/Hypermarket
                 7.4.1.2. Convenience/Grocery Stores
                 7.4.1.3. Online Retail Stores
                 7.4.1.4. Other Distribution Channels
    7.5. Latin America Coconut Products Market Outlook, by End-User, Value (US$ Bn), 2018 - 2030
           7.5.1. Key Highlights
                 7.5.1.1. Commercial
                 7.5.1.2. Military
           7.5.2. BPS Analysis/Market Attractiveness Analysis
    7.6. Latin America Coconut Products Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
           7.6.1. Key Highlights
                 7.6.1.1. Brazil Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 7.6.1.2. Brazil Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 7.6.1.3. Brazil Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 7.6.1.4. Brazil Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 7.6.1.5. Mexico Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 7.6.1.6. Mexico Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 7.6.1.7. Mexico Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 7.6.1.8. Mexico Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 7.6.1.9. Argentina Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 7.6.1.10. Argentina Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 7.6.1.11. Argentina Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 7.6.1.12. Argentina Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 7.6.1.13. Rest of Latin America Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 7.6.1.14. Rest of Latin America Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 7.6.1.15. Rest of Latin America Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 7.6.1.16. Rest of Latin America Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
           7.6.2. BPS Analysis/Market Attractiveness Analysis


8. Middle East & Africa Coconut Products Market Outlook, 2018 - 2030

    8.1. Middle East & Africa Coconut Products Market Outlook, by Type , Value (US$ Bn), 2018 - 2030
           8.1.1. Key Highlights
                 8.1.1.1. Young
                 8.1.1.2. Mature
    8.2. Middle East & Africa Coconut Products Market Outlook, by Derivative Product Type , Value (US$ Bn), 2018 - 2030
           8.2.1. Key Highlights
                 8.2.1.1. Coconut Oil
                 8.2.1.2. Coconut Water
                 8.2.1.3. Coconut Milk
                 8.2.1.4. Desiccated Coconut
                 8.2.1.5. Other Product Types
    8.3. Middle East & Africa Coconut Products Market Outlook, by End User, Value (US$ Bn), 2018 - 2030
           8.3.1. Key Highlights
                 8.3.1.1. FOOD AND BEVERAGES
                 8.3.1.2. Cosmetics
                 8.3.1.3. Pharmaceuticals
                 8.3.1.4. Others
    8.4. Middle East & Africa Coconut Products Market Outlook, by Distribution Channel , Value (US$ Bn), 2018 - 2030
           8.4.1. Key Highlights
                 8.4.1.1. Supermarket/Hypermarket
                 8.4.1.2. Convenience/Grocery Stores
                 8.4.1.3. Online Retail Stores
                 8.4.1.4. Other Distribution Channels
    8.5. Middle East & Africa Coconut Products Market Outlook, by End-User, Value (US$ Bn), 2018 - 2030
           8.5.1. Key Highlights
                 8.5.1.1. Commercial
                 8.5.1.2. Military
           8.5.2. BPS Analysis/Market Attractiveness Analysis
    8.6. Middle East & Africa Coconut Products Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
           8.6.1. Key Highlights
                 8.6.1.1. GCC Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 8.6.1.2. GCC Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 8.6.1.3. GCC Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 8.6.1.4. GCC Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 8.6.1.5. South Africa Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 8.6.1.6. South Africa Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 8.6.1.7. South Africa Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 8.6.1.8. South Africa Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 8.6.1.9. Egypt Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 8.6.1.10. Egypt Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 8.6.1.11. Egypt Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 8.6.1.12. Egypt Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 8.6.1.13. Nigeria Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 8.6.1.14. Nigeria Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 8.6.1.15. Nigeria Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 8.6.1.16. Nigeria Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
                 8.6.1.17. Rest of Middle East & Africa Coconut Products Market by Type , Value (US$ Bn), 2018 - 2030
                 8.6.1.18. Rest of Middle East & Africa Coconut Products Market Derivative Product Type , Value (US$ Bn), 2018 - 2030
                 8.6.1.19. Rest of Middle East & Africa Coconut Products Market End User, Value (US$ Bn), 2018 - 2030
                 8.6.1.20. Rest of Middle East & Africa Coconut Products Market Distribution Channel , Value (US$ Bn), 2018 - 2030
           8.6.2. BPS Analysis/Market Attractiveness Analysis


9. Competitive Landscape

    9.1. End User vs End User Heatmap
    9.2. Manufacturer vsEnd User Heatmap
    9.3. Company Market Share Analysis, 2022
    9.4. Competitive Dashboard
    9.5. Company Profiles
           9.5.1. COCOTANA COCONUT PRODUCTS
                 9.5.1.1. Company Overview
                 9.5.1.2. Product Portfolio
                 9.5.1.3. Financial Overview
                 9.5.1.4. Business Strategies and Development
           9.5.2. THE COCONUT COMPANY (UK) LTD.
                 9.5.2.1. Company Overview
                 9.5.2.2. Product Portfolio
                 9.5.2.3. Financial Overview
                 9.5.2.4. Business Strategies and Development
           9.5.3. THAI COCONUT PUBLIC COMPANY LIMITED
                 9.5.3.1. Company Overview
                 9.5.3.2. Product Portfolio
                 9.5.3.3. Financial Overview
                 9.5.3.4. Business Strategies and Development
           9.5.4. METSHU EXPORTS (PVT) LTD
                 9.5.4.1. Company Overview
                 9.5.4.2. Product Portfolio
                 9.5.4.3. Financial Overview
                 9.5.4.4. Business Strategies and Development
           9.5.5. MARICO LTD.
                 9.5.5.1. Company Overview
                 9.5.5.2. Product Portfolio
                 9.5.5.3. Financial Overview
                 9.5.5.4. Business Strategies and Development
           9.5.6. KLASSIC COCONUT
                 9.5.6.1. Company Overview
                 9.5.6.2. Product Portfolio
                 9.5.6.3. Financial Overview
                 9.5.6.4. Business Strategies and Development
           9.5.7. SAMBU GROUP
                 9.5.7.1. Company Overview
                 9.5.7.2. Product Portfolio
                 9.5.7.3. Financial Overview
                 9.5.7.4. Business Strategies and Development
           9.5.8. COCOMATE.
                 9.5.8.1. Company Overview
                 9.5.8.2. Product Portfolio
                 9.5.8.3. Business Strategies and Development
           9.5.9. UNIVERSAL COCO INDONESIA
                 9.5.9.1. Company Overview
                 9.5.9.2. Product Portfolio
                 9.5.9.3. Financial Overview
                 9.5.9.4. Business Strategies and Development
           9.5.10. VITA COCO.
                 9.5.10.1. Company Overview
                 9.5.10.2. Product Portfolio
                 9.5.10.3. Financial Overview
                 9.5.10.4. Business Strategies and Development
           9.5.11. Zico Beverages
                 9.5.11.1. Company Overview
                 9.5.11.2. Product Portfolio
                 9.5.11.3. Financial Overview
                 9.5.11.4. Business Strategies and Development
           9.5.12. Ducoco Alimentos SA
                 9.5.12.1. Company Overview
                 9.5.12.2. Product Portfolio
                 9.5.12.3. Financial Overview
                 9.5.12.4. Business Strategies and Development
           9.5.13. The Vita Coco Company Inc.
                 9.5.13.1. Company Overview
                 9.5.13.2. Product Portfolio
                 9.5.13.3. Financial Overview
                 9.5.13.4. Business Strategies and Development
           9.5.14. McCormick & Company Inc.
                 9.5.14.1. Company Overview
                 9.5.14.2. Product Portfolio
                 9.5.14.3. Financial Overview
                 9.5.14.4. Business Strategies and Development
           9.5.15. DANONE SA.
                 9.5.15.1. Company Overview
                 9.5.15.2. Product Portfolio
                 9.5.15.3. Financial Overview
                 9.5.15.4. Business Strategies and Development


10. Appendix

    10.1. Research Methodology
    10.2. Report Assumptions
    10.3. Acronyms and Abbreviations

BASE YEAR

HISTORICAL DATA

FORECAST PERIOD

UNITS

2022

 

2018 - 2022

2023 - 2030

Value: US$ Million

 

REPORT FEATURES

DETAILS

Type Coverage

  • Young
  • Mature

Derivative Product Type Coverage

  • Coconut Oil
  • Coconut Water
  • Coconut Milk
  • Desiccated Coconut
  • Other Product Types

End User Coverage

  • Food and Beverages
  • Cosmetics
  • Pharmaceuticals
  • Others

Distribution Channel Coverage

  • Supermarket/Hypermarket
  • Convenience/Grocery Stores
  • Online Retail Stores
  • Other Distribution Channels

Geographical Coverage

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of EU
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of APAC
  • Lazin America
  • Brazil 
  • Mexico 
  • Rest of Latin America 
  • Middles East & Africa
  • GCC Countries 
  • South Africa 
  • Rest of Middle East & Africa

Leading Companies

  • Cocotana Coconut Products
  • The Coconut Company (Uk) Ltd
  • Thai Coconut Public Company Limited
  • Metshu Exports (Pvt) Ltd
  • Marico Ltd.
  • Klassic Coconut
  • Sambu Group
  • Chocolate
  • Universal Coco Indonesia
  • Vita Coco
  • Zico Beverages
  • Ducoco Alimentos Sa
  • The Vita Coco Company Inc.
  • Mccormick & Company Inc.
  • Danone Sa

Report Highlights

Key Market Indicators, Macro-micro economic impact analysis, Technological Roadmap, Key Trends, Driver, Restraints, and Future Opportunities & Revenue Pockets, Porters 5 Forces Analysis, Historical Trend (2019-2021), Market Estimates and Forecast, Market Dynamics, Industry Trends, Competition Landscape, Category, Region, Country-wise Trends & Analysis, COVID-19 Impact Analysis (Demand and Supply Chain)

FAQs : Coconut Products Market

The market is propelled by the rising popularity of coconut-based health and beauty products, increased consumer awareness of natural ingredients, and the versatile applications of coconut in the food and beverage industry.

Sustainability is driving the market, with producers adopting eco-friendly cultivation practices, promoting fair trade, and offering traceable supply chains to meet the growing consumer demand for environmentally conscious coconut products.

Challenges include the vulnerability of coconut cultivation to climate change, fluctuations in crop yields, and the need for robust supply chain logistics to ensure the consistent availability of coconut products to global markets.

Changing consumer preferences for healthier alternatives and exotic flavours are fostering product innovation, leading to the development of new coconut-based beverages, snacks, and beauty products, driving market diversification.

Asia Pacific remains a key player due to traditional use and production, while North America, and Europe witness a surge in demand for coconut-based alternatives, driven by the trend towards plant-based diets and the incorporation of coconut into mainstream cuisines.

Our Research Methodology

Considering the volatility of business today, traditional approaches to strategizing a game plan can be unfruitful if not detrimental. True ambiguity is no way to determine a forecast. A myriad of predetermined factors must be accounted for such as the degree of risk involved, the magnitude of circumstances, as well as conditions or consequences that are not known or unpredictable. To circumvent binary views that cast uncertainty, the application of market research intelligence to strategically posture, move, and enable actionable outcomes is necessary.

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