Coconut Oil Market Size, Share, Industry Outlook | MarketsandMarkets

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Coconut Oil Market worth 7.4 billion by
2027 The report "Coconut Oil Market by
Product Type (RBD, Virgin, and Crude),
Source (Dry Coconut and Wet Coconut),
Application (Food Beverages, Cosmetics
Personal Care Products, and Pharmaceuticals),
Nature and Region - Global Forecast to 2027",
published by MarketsandMarkets, the global
coconut oil market size is estimated to be valued
at USD 5.7 billion in 2022. It is projected to
reach USD 7.4 billion by 2027, recording a CAGR
of 5.5, in terms of value. The Increasing demand
of natural ingredients in the food and
cosmeceutical industry to drive the coconut oil
market. Download PDF Brochure
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id78320975 The RBD segment accounts for the
largest market share in the coconut oil
market Based on product types, RBD segment is the
largest segment in the overall coconut oil
market. RBD coconut oil is also widely used in
the cosmetic industry, particularly to make
soaps. It enables the soap to lather more to the
point that a soap extremely high in coconut oil
can lather in saltwater, which is not the case
with normal soaps. The wet coconut segment is
projected to grow with the highest CAGR in the
coconut oil market. Based on source, the wet
coconut segment is projected to grow with the
highest CAGR in the coconut oil market. The wet
process involves the use of raw coconut instead
of dried copra. The coconuts protein content
produces an oil and water emulsion, which leads
to a process of separating the emulsion to
collect only the oil. This process uses
techniques such as centrifuges or pre-treatments
that apply cold, heat, acids, salts, enzymes,
electrolysis, shock waves, or steam distillation.
Sometimes, there is a combination of these
processes. Browse in-depth TOC on Coconut Oil
Market 159 - Tables 38 - Figures 178 -
Pages The food beverage segment accounts for
the largest market share in the coconut oil
market By application, the coconut oil market is
segmented into food beverage, Cosmetics
personal care products, pharmaceuticals, and
other applications. Food beverages include
bakery confectionery, snacks cereals,
beverages, soups, salads, and sauces, and
other food beverage applications. Coconut
oil adds nutritional functional value to the
final food products. It also has a high smoking
point which makes it a preferable choice among
food product manufacturers. The organic segment
is projected to grow with the highest CAGR in the
coconut oil market By nature, the coconut oil
market is segmented into conventional and
organic. The main aim of organic coconut farming
is the production of quality products that
contain no chemical residues and maintain soil
fertility. Organic farming of coconut allows the
use of organic fertilizers such as compost
manure, farmyard manure, fish meal, blood meal,
neem cake, groundnut cake, and bone meal.
Different countries have different sets of rules
to be followed to get coconuts certified as
organic produce. Request for Customization
https//www.marketsandmarkets.com/requestCustomiza
tionNew.asp?id78320975 The Europe region is the
second-largest region in the coconut oil market
in the forecast period Europe is the
second-largest region in the global coconut oil
market in the forecast period.
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According to the National Starch Food Innovation
Europe, part of the Ingredion Group of
incorporated companies, demand for clean label
products has gripped the whole of Europe, rather
than select countries. It also stated that EU
consumers were paying more attention to all forms
of labeling. Key Players This report includes a
study on the marketing and development
strategies, along with the product portfolios of
leading companies. It consists of profiles of
leading companies, such as Cargill Incorporated
(US), ADM (US), Bunge Limited (US), Mangga Dua
(Indonesia), Greenville Agro Corporation
(Philippines), Royce Food Corporation
(Philippines), Novel Nutrients Pvt. Ltd. (India),
Aromaax International (India), Adams Group (US),
and Connoils LLC (US). Related Reports Fats
Oils Market by Type (Vegetable Oils (Palm,
Soybean, Rapeseed, Sunflower, and Olive), Fats
(Butter, Tallow, and Lard)), Application (Food
and Industrial), Source (Vegetables and Animals),
Form, and Region - Global Forecast to
2026 https//www.marketsandmarkets.com/Market-Repo
rts/fats-oils-market-6198812.html Vegetable Oils
in Beauty and Personal Care Market by Application
(Color Cosmetics, Skin Care, Hair Care), Nature
(Conventional, Organic), Type (Coconut, Sweet
Almond, Jojoba, Argan, Apricot, Pomegranate,
Avocado) and Region - Global Forecast to
2027 https//www.marketsandmarkets.com/Market-Repo
rts/vegetable-oils-beauty-personal-care-market-
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