Market revenue in 2022 | USD 20,236.3 million |
Market revenue in 2030 | USD 38,577.6 million |
Growth rate | 8.4% (CAGR from 2022 to 2030) |
Largest segment | Coconut oil |
Fastest growing segment | Coconut Water |
Historical data covered | 2017 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Coconut Oil, Coconut Water, Coconut Milk, Other Products |
Key Regions: U.S. , Brazil , Germany , Netherlands , China
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to coconut products market will help companies and investors design strategic landscapes.
Coconut oil was the largest segment with a revenue share of 55.07% in 2022. Horizon Databook has segmented the Global coconut products market based on coconut oil, coconut water, coconut milk, other products covering the revenue growth of each sub-segment from 2017 to 2030.
Various skin and hair care products use coconut oil or milk as one of the base ingredients. The antioxidant properties of these products are beneficial in anti-ageing creams and for direct application in homemade hair and skin packs. This is expected to fuel market growth over the forecast period. Growing cosmetic market due to its highly competitive nature is encouraging manufacturers to introduce new and innovative cosmetics.
This is contributing to the accelerated growth of this segment. Furthermore, an increased demand for such products in developing countries, including India and China, can be attributed to growing awareness regarding the benefits of using coconut products among consumers and rising disposable income among women.
Horizon Databook provides a detailed overview of global-level data and insights on the Global coconut products market , including forecasts for subscribers. This global databook contains high-level insights into Global coconut products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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