Virgin Coconut Oil Market | Global Analysis and Forecast to 2024

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VIRGIN COCONUT OIL MARKET 2020
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2024
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VIRGIN COCONUT OIL MARKET 2020
Virgin Coconut Oil Market 2020 Industry Survey,
Growth, CompetitiveLandscape and Forecasts to
2024
Global Virgin Coconut Oil Market has a better
taste and fragrance profile as compared to
ordinary coconut oil and extensively used for
culinary purposes. Virgin coconut oil finds
significance in the personal care industry, which
contributes to the market demand. They are
extensively used in cosmetics (anti-aging creams,
lip gel, make-up remover), luxury soaps. Other
factors which boost the growth of the market
include sustainability projects initiated by
manufacturers which would help to augment the
growth of the market. Moreover, various food
safety certifications
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VIRGIN COCONUT OIL MARKET 2020
Global Virgin Coconut Oil Market has been
segmented based on type, application, and
distribution channel. By type, virgin coconut oil
market has been segmented into organic and
inorganic. The organic segment is leading the
market owing to high consumer inclination towards
organic food products. By application, the virgin
coconut oil market has been segmented into
cooking, cosmetics, healthcare, and others. By
distribution channel, the virgin coconut oil
market has been segmented into store-based and
non-store based. The store-based segment has been
further segmented into supermarkets
hypermarkets, specialty stores, food processing
industries, and others. Supermarkets
hypermarkets segment is dominating the
market. Enquiry of the Report
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VIRGIN COCONUT OIL MARKET 2020
Regional Analysis
Availability of cheap coconuts in countries such
as Thailand and Indonesia have uniquely
positioned the APAC as the largest virgin coconut
oil market. The region is the largest producer as
well as exporter of virgin coconut oil.
Philippines is the major contributor to the APAC
virgin coconut oil market. Moreover, there is
high demand for virgin coconut oil in the region
since its consumption is widely prevalent in the
region. North America follows the APAC closely.
Surging health awareness in the region has led to
increased consumption of the product in the
region. Moreover, product development by key
market players Barlean's, Hain Celestial, Nutiva,
Inc., and Healthy Traditions is supporting the
growth of the market. Easy availability and
purchasing power too are crucial factors.
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VIRGIN COCONUT OIL MARKET 2020
Application Major Players in this Research

• Virgin Coconut Oil Market Prominent Players
• Healthy Traditions (U.S.), Barlean's (U.S.), Hain
  Celestial (U.S.), SUN BIONATURALS (INDIA) PRIVATE
  LTD. (India), NMK Holdings (Pvt) Ltd. (Sri
  Lanka), Nutiva, Inc. (U.S.), and Greenville Agro
  Corporation (Philippines) are the distinguished
  players in the Virgin Coconut Oil Market.

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