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Coconut Products Market by Type (Coconut Water, Coconut Oil, Coconut Milk, Dried Coconut Products, and Others), Application (Food, Beverage, Cosmetics, and Others), and Form (Solid and Liquid): Global Opportunity Analysis and Industry Forecast, 2019-2026

FO_196178
Pages: 240
Nov 2019 | 176 Views
 
Author(s) : Shankar Bhandalkar & Roshan Deshmukh
Tables: 80
Charts: NA
 

Coconut Products Market Outlook - 2026

The coconut products market size was valued at $11.5 billion in 2018, and is estimated to reach $31.1 billion by 2026, registering a CAGR of 13.6% from 2019 to 2026. In 2018, the coconut oil segment accounted for more than half of the total coconut products market share. Coconut is a versatile fruit with multiple health benefits. Products derived from coconut include coconut oil, coconut water, coconut milk, desiccated coconut, coir, and copra. These products find a wide range of applications in food & beverages and cosmetic & personal care industries. 

Coconut oil is widely consumed by the cosmetics industry for manufacturing products, for hair and skin care applications such as hair oils and soaps. Many manufacturers use coconut oil in packaged food products, and many consumers use it for cooking products, such as sweets, fried foods, and smoothies . Huge demand for coconut oil in the cosmetics industry and increase in its popularity in food applications are likely to drive the coconut oil market. Active and health conscious consumers have shifted their preference toward natural alternatives to caffeinated and sugar-based energy drinks. Hence, the demand for coconut water as a natural energy drink is growing rapidly due to its nutritional properties such as electrolytes and nutrients. 

Coconut Products Market

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According to Coconut Products Market Analysis, the coconut products market is segmented on the basis of type, application, form, and region. By type, it is categorized into coconut water, coconut oil, coconut milk, dried coconut products, and others. By application, it is divided into food, beverage, cosmetics, and others. By form, it is bifurcated into solid and liquid. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, the Netherlands, and Rest of Europe), Asia-Pacific (India, Indonesia, China, the Philippines, South Korea, Vietnam, Malaysia, and Rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa).

On the basis of type, the coconut oil segment accounted for the maximum share in the global market in 2018. Coconut oil based personal care products have gained higher traction in the personal care industry due to its emollient properties. Furthermore, due to its rich flavor with a mild aroma, it has become a popular choice of fat in various food products. Thus, due to some of the key characteristics possessed by coconut oil, coupled with strong demand from cosmetics and food & beverages industries, coconut oil accounted for a higher value share in the global coconut products market. 

Coconut Products Market
By Type

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The Coconut Water segment would witness the fastest growth, registering a CAGR of 23.8% during the forecast.

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On the basis of application, the cosmetics segment was dominant, which accounted for more than half of the share in coconut products market in 2018 and is expected to retain its dominance throughout the forecast period. Coconut products such as coconut oil, coconut milk, and cream are widely used in preparations of a range of cosmetic products due to their antioxidant, anti-ageing, and anti-inflammatory properties beneficial for hair and skin.

Coconut Products Market
By Application

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Beverages segment would witness the fastest growth, registering a CAGR of 14.7% during the forecast period.

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On the basis of form, the liquid segment held a significant share in the global market in 2018. However, the solid segment is expected to garner a considerable share, owing to increase in demand for coconut-based snacks as healthy alternatives to conventional snack products across the globe. In addition, benefits such as easy handling and longer shelf life further adds to the solid coconut products market growth.

Coconut Products Market
By Form

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Liquid segment would witness the fastest growth, registering a CAGR of 13.9% during the forecast period.

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On the basis of region, Asia-Pacific was the prominent market in 2018 and accounted for the maximum share in the global coconut products market. This can be attributed to high adoption of coconut products such as coconut oil, coconut water, coconut milk, and cream in various food & beverage and cosmetic applications in the region. However, North America and Europe are also expected to witness a significant CAGR, owing to growth in demand for packaged coconut water as a health drink in these regions and rise in consumption of coconut milk as a dairy alternative product.

The players in the coconut products market have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in the report include The Coconut Company (UK) Ltd., Marico Ltd., Vita Coco, Sambu Group, Metshu exports (pvt) ltd, Cocomate, Klassic Coconut, Cocotana Coconut Products, Universal Coco Indonesia, and Thai Coconut Public Company Limited.

Coconut Products Market
By Region

2026
Asia-Pacific 
North America
Europe
LAMEA

Asia-Pacific is the largest market growing at a CAGR of 14.3% from 2019-2026.

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Key Benefits for Coconut Products Market:

  • The report provides a quantitative analysis of the current coconut products market trends, estimations, and dynamics of the market size from 2018 to 2026 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the market size and segmentation assists in determining the prevailing coconut products market opportunities.
  • The major countries in each region are mapped according to their revenue contribution to the market. 
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the coconut products industry. 

Coconut Products Market Segments:

By Type

  • Coconut Water
  • Coconut Oil
  • Coconut Milk
  • Dried Coconut Products
  • Others 

By Application

  • Food
  • Beverage
  • Cosmetics
  • Others

By Form

  • Solid
  • Liquid

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Netherlands
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • India
    • Indonesia
    • China
    • Philippines
    • South Korea
    • Vietnam
    • Malaysia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

CHAPTER 1:  INTRODUCTION

1.1.    REPORT DESCRIPTION
1.2.    KEY MARKET SEGMENTS
1.3.    KEY BENEFITS
1.4.    RESEARCH METHODOLOGY

1.4.1.   Primary research
1.4.2.   Secondary research
1.4.3.   Analyst tools and models

CHAPTER 2:    EXECUTIVE SUMMARY

2.1.    CXO PERSPECTIVE

CHAPTER 3:    MARKET LANDSCAPE

3.1.    MARKET DEFINITION AND SCOPE
3.2.    KEY FINDINGS

3.2.1.   Top investment pockets
3.2.2.   Top winning strategies

3.3.    PORTER'S FIVE FORCES ANALYSIS

3.3.1.   Bargaining power of suppliers
3.3.2.   Threat of new entrants
3.3.3.   Threat of substitutes
3.3.4.   Competitive rivalry
3.3.5.   Bargaining power among buyers

3.4.    MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING
3.5.    MARKET DYNAMICS

3.5.1.     Drivers
3.5.2.     Restraints
3.5.3.     Opportunities

CHAPTER 4:   COCONUT PRODUCTS MARKET BY TYPE

4.1.    OVERVIEW
4.2.     COCONUT WATER

4.2.1.   Key market trends, Growth factors and opportunities
4.2.2.   Market size and forecast by region
4.2.3.   Market analysis by country

4.3.     COCONUT OIL

4.3.1.   Key market trends, Growth factors and opportunities
4.3.2.   Market size and forecast by region
4.3.3.   Market analysis by country

4.4.     COCONUT MILK

4.4.1.   Key market trends, Growth factors and opportunities
4.4.2.   Market size and forecast by region
4.4.3.   Market analysis by country

4.5.     DRIED COCONUT PRODUCTS

4.5.1.   Key market trends, Growth factors and opportunities
4.5.2.   Market size and forecast by region
4.5.3.   Market analysis by country

4.6.     OTHERS

4.6.1.   Key market trends, Growth factors and opportunities
4.6.2.   Market size and forecast by region
4.6.3.   Market analysis by country

CHAPTER 5:   COCONUT PRODUCTS MARKET BY APPLICATION

5.1.    OVERVIEW
5.2.     FOOD

5.2.1.   Key market trends, Growth factors and opportunities
5.2.2.   Market size and forecast by region
5.2.3.   Market analysis by country

5.3.     BEVERAGES

5.3.1.   Key market trends, Growth factors and opportunities
5.3.2.   Market size and forecast by region
5.3.3.   Market analysis by country

5.4.     COSMETICS

5.4.1.   Key market trends, Growth factors and opportunities
5.4.2.   Market size and forecast by region
5.4.3.   Market analysis by country

5.5.     OTHERS

5.5.1.   Key market trends, Growth factors and opportunities
5.5.2.   Market size and forecast by region
5.5.3.   Market analysis by country

CHAPTER 6:   COCONUT PRODUCTS MARKET BY FORM

6.1.    OVERVIEW
6.2.     SOLID 

6.2.1.   Key market trends, Growth factors and opportunities
6.2.2.   Market size and forecast by region
6.2.3.   Market analysis by country

6.3.     LIQUID

6.3.1.   Key market trends, Growth factors and opportunities
6.3.2.   Market size and forecast by region
6.3.3.   Market analysis by country

CHAPTER 7:    COCONUT PRODUCTS MARKET BY REGION

7.1.    OVERVIEW
7.2.   NORTH AMERICA

7.2.1.   Key market trends and opportunities
7.2.2.   Market size and forecast by Type
7.2.3.   Market size and forecast by Application
7.2.4.   Market size and forecast by Form
7.2.5.   Market size and forecast by Country

7.2.6.   U.S. COCONUT PRODUCTS MARKET

 7.2.6.1.   Market size and forecast by Type
 7.2.6.2.   Market size and forecast by Application
 7.2.6.3.   Market size and forecast by Form

 7.2.7.    CANADA COCONUT PRODUCTS MARKET

 7.2.7.1.   Market size and forecast by Type
 7.2.7.2.   Market size and forecast by Application
 7.2.7.3.   Market size and forecast by Form

 7.2.8.    MEXICO COCONUT PRODUCTS MARKET

 7.2.8.1.   Market size and forecast by Type
 7.2.8.2.   Market size and forecast by Application
 7.2.8.3.   Market size and forecast by Form

7.3.   EUROPE

 7.3.1.   Key market trends and opportunities
 7.3.2.   Market size and forecast by Type
 7.3.3.   Market size and forecast by Application
 7.3.4.   Market size and forecast by Form
 7.3.5.   Market size and forecast by Country
 7.3.6.   GERMANY COCONUT PRODUCTS MARKET

 7.3.6.1.   Market size and forecast by Type
 7.3.6.2.   Market size and forecast by Application
 7.3.6.3.   Market size and forecast by Form

 7.3.7.    UK COCONUT PRODUCTS MARKET

 7.3.7.1.   Market size and forecast by Type
 7.3.7.2.   Market size and forecast by Application
 7.3.7.3.   Market size and forecast by Form

 7.3.8.    FRANCE COCONUT PRODUCTS MARKET

 7.3.8.1.   Market size and forecast by Type
 7.3.8.2.   Market size and forecast by Application
 7.3.8.3.   Market size and forecast by Form

 7.3.9.    ITALY COCONUT PRODUCTS MARKET

 7.3.9.1.   Market size and forecast by Type
 7.3.9.2.   Market size and forecast by Application
 7.3.9.3.   Market size and forecast by Form

 7.3.10.    NETHERLANDS COCONUT PRODUCTS MARKET

 7.3.10.1.   Market size and forecast by Type
 7.3.10.2.   Market size and forecast by Application
 7.3.10.3.   Market size and forecast by Form

 7.3.11.    REST OF EUROPE COCONUT PRODUCTS MARKET

 7.3.11.1.   Market size and forecast by Type
 7.3.11.2.   Market size and forecast by Application
 7.3.11.3.   Market size and forecast by Form

 7.4.   ASIA-PACIFIC

 7.4.1.   Key market trends and opportunities
 7.4.2.   Market size and forecast by Type
 7.4.3.   Market size and forecast by Application
 7.4.4.   Market size and forecast by Form
 7.4.5.   Market size and forecast by Country
 7.4.6.   INDIA COCONUT PRODUCTS MARKET

 7.4.6.1.   Market size and forecast by Type
 7.4.6.2.   Market size and forecast by Application
 7.4.6.3.   Market size and forecast by Form

 7.4.7.    INDONESIA COCONUT PRODUCTS MARKET

 7.4.7.1.   Market size and forecast by Type
 7.4.7.2.   Market size and forecast by Application
 7.4.7.3.   Market size and forecast by Form

 7.4.8.    CHINA COCONUT PRODUCTS MARKET

 7.4.8.1.   Market size and forecast by Type
 7.4.8.2.   Market size and forecast by Application
 7.4.8.3.   Market size and forecast by Form

 7.4.9.    PHILIPPINES COCONUT PRODUCTS MARKET

 7.4.9.1.   Market size and forecast by Type
 7.4.9.2.   Market size and forecast by Application
 7.4.9.3.   Market size and forecast by Form

 7.4.10.    SOUTH KOREA COCONUT PRODUCTS MARKET

 7.4.10.1.   Market size and forecast by Type
 7.4.10.2.   Market size and forecast by Application
 7.4.10.3.   Market size and forecast by Form

 7.4.11.    VIETNAM COCONUT PRODUCTS MARKET

 7.4.11.1.   Market size and forecast by Type
 7.4.11.2.   Market size and forecast by Application
 7.4.11.3.   Market size and forecast by Form

 7.4.12.    MALAYSIA COCONUT PRODUCTS MARKET

 7.4.12.1.   Market size and forecast by Type
 7.4.12.2.   Market size and forecast by Application
 7.4.12.3.   Market size and forecast by Form

 7.4.13.    REST OF ASIA-PACIFIC COCONUT PRODUCTS MARKET

 7.4.13.1.   Market size and forecast by Type
 7.4.13.2.   Market size and forecast by Application
 7.4.13.3.   Market size and forecast by Form

 7.5.   LAMEA

 7.5.1.   Key market trends and opportunities
 7.5.2.   Market size and forecast by Type
 7.5.3.   Market size and forecast by Application
 7.5.4.   Market size and forecast by Form
 7.5.5.   Market size and forecast by Country
 7.5.6.   LATIN AMERICA COCONUT PRODUCTS MARKET

 7.5.6.1.   Market size and forecast by Type
 7.5.6.2.   Market size and forecast by Application
 7.5.6.3.   Market size and forecast by Form

 7.5.7.    MIDDLE EAST COCONUT PRODUCTS MARKET

 7.5.7.1.   Market size and forecast by Type
 7.5.7.2.   Market size and forecast by Application
 7.5.7.3.   Market size and forecast by Form

 7.5.8.    AFRICA COCONUT PRODUCTS MARKET

 7.5.8.1.   Market size and forecast by Type
 7.5.8.2.   Market size and forecast by Application
 7.5.8.3.   Market size and forecast by Form

CHAPTER 8:    COMPANY PROFILES

8.1.     THE COCONUT COMPANY (UK) LTD.

8.1.1.    Company overview
8.1.2.    Business performance

8.1.3.    Key strategic moves and developments

8.2.     MARICO LTD.

8.2.1.    Company overview
8.2.2.    Business performance
8.2.3.    Key strategic moves and developments

8.3.     VITA COCO

8.3.1.    Company overview
8.3.2.    Business performance
8.3.3.    Key strategic moves and developments

8.4.     SAMBU GROUP

8.4.1.    Company overview
8.4.2.    Business performance
8.4.3.    Key strategic moves and developments

8.5.     METSHU EXPORTS (PVT) LTD

8.5.1.    Company overview
8.5.2.    Business performance
8.5.3.    Key strategic moves and developments

8.6.     COCOMATE

8.6.1.    Company overview
8.6.2.    Business performance
8.6.3.    Key strategic moves and developments

8.7.     KLASSIC COCONUT

8.7.1.    Company overview
8.7.2.    Business performance
8.7.3.    Key strategic moves and developments

8.8.     COCOTANA COCONUT PRODUCTS

8.8.1.    Company overview
8.8.2.    Business performance
8.8.3.    Key strategic moves and developments

8.9.     UNIVERSAL COCO INDONESIA

8.9.1.    Company overview
8.9.2.    Business performance
8.9.3.    Key strategic moves and developments

8.10.     THAI COCONUT PUBLIC COMPANY LIMITED

8.10.1.    Company overview
8.10.2.    Business performance
8.10.3.    Key strategic moves and developments

 
 

Rise in demand for plant-based milk products is among the major factors that boosts coconut milk consumption. A huge demand for naturally prepared plant-based milk has been noted during the past years, which is expected to continue during the forecast period. Consumer attractiveness toward natural milk with high nutritional values is among the main factors that drive the market. Rise in demand for coconut products from regions such as North America and Europe has led to incremental trade flow for coconut products from Asian countries. Owing to the increase in awareness about the health benefits of coconut water, the market for packaged coconut water is expected to grow significantly in the coming years. Manufacturers are focused toward providing innovative and attractive product offerings, in terms of packaging and flavor of the products to gain a higher share in the coconut products market.

 

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