Global Virgin Coconut Oil Market, Size, Share, Growth, Trends, and Forecast:
Virgin Coconut Oil VCO is growing in popularity as functional food oil and the public awareness of it is increasing. It is expected that VCO will experience a dramatic growth in the market.
Scope of the Report:
This report focuses on the Virgin Coconut Oil in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Currently, the factors driving the growth of the aforementioned industry are food consumption, cosmetic and others. As the demand increases rapidly for downstream industries, and the wider range of applications, the demand for coconut oil will correspondingly increase. The increased consumption of coconut oil is expected to continue during the remaining years of the forecast period of 2017-2022. Virgin coconut oil industry will usher in a stable growth space.
Almost all Virgin Coconut Oil products in Europe, North America and China are imported from other countries, such as Philippines, Indonesia. On a global scale, currently coconut oil industry is in the state of production and consumption booming.
The worldwide market for Virgin Coconut Oil is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 750 million US$ in 2023, from 650 million US$ in 2017, according to a new Planet Market Reports study.
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Market Segment by Manufacturers, this report covers
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
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Market Segment by Regions, regional analysis covers
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia etc.
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Market Segment by Type, covers
Virgin Coconut Oil
Extra Virgin Coconut Oil
Market Segment by Applications, can be divided into
Food
Beauty and Cosmetics
Medical
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