Global Virgin Coconut Oil Market Size & Outlook

The virgin coconut oil industry worldwide is expected to reach a projected revenue of US$ 1,606.2 million by 2030. A compound annual growth rate of 8.6% is expected of the worldwide virgin coconut oil industry from 2024 to 2030.

Revenue, 2023 (US$M)
$900.4
Forecast, 2030 (US$M)
$1,606.2
CAGR, 2024 - 2030
8.6%
Report Coverage
Worldwide

Global virgin coconut oil market highlights

  • The global virgin coconut oil market generated a revenue of USD 900.4 million in 2023 and is expected to reach USD 1,606.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 8.6% by 2030.
  • In terms of segment, organic accounted for a revenue of USD 590.9 million in 2023.
  • Conventional is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Indonesia is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 900.4 million
Market revenue in 2030USD 1,606.2 million
Growth rate8.6% (CAGR from 2023 to 2030)
Largest segmentOrganic
Fastest growing segmentConventional
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOrganic, Conventional

Other key industry trends

  • In terms of revenue, the North America accounted for 19.8% of the global virgin coconut oil market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Indonesia is the fastest growing regional market and is projected to reach USD 73.6 million by 2030.

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Virgin Coconut Oil Market Scope

Virgin coconut oil market segmentation & scope
Organic
Conventional
Metal Cans
Pouches
Plastic bottles
B2B
Food & Beverage
Personal Care and Cosmetics
Pharmaceuticals
Institutional Purchase
Others
B2C
Supermarkets & Hypermarkets
Convenience Stores
Online
Others

Virgin Coconut Oil Market Companies

Name Profile # Employees HQ Website

Global virgin coconut oil market outlook

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 virgin coconut oil market will help companies and investors design strategic landscapes.


organic was the largest segment with a revenue share of 65.63% in 2023. Horizon Databook has segmented the Global virgin coconut oil market based on organic, conventional covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Virgin Coconut Oil Type Outlook (Revenue, USD Million, 2018-2030)
    • Organic
    • Conventional
  • Global Virgin Coconut Oil Packaging Outlook (Revenue, USD Million, 2018-2030)
    • Metal Cans
    • Pouches
    • Plastic bottles
  • Global Virgin Coconut Oil End-use Application Outlook (Revenue, USD Million, 2018-2030)
    • B2B
      • Food & Beverage
      • Personal Care and Cosmetics
      • Pharmaceuticals
      • Institutional Purchase
      • Others
    • B2C
      • Supermarkets & Hypermarkets
      • Convenience Stores
      • Online
      • Others

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Target buyers of Global virgin coconut oil market databook

  • Our clientele includes a mix of virgin coconut oil market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global virgin coconut oil market , including forecasts for subscribers. This global databook contains high-level insights into Global virgin coconut oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global virgin coconut oil market statistics, by regions, 2018-2030 (US$M)

Top 10 countries: Virgin coconut oil market size, 2023 (USD Million)

Top 10 countries: Virgin coconut oil market size, 2023 (USD Million)

Global virgin coconut oil market, by region, 2023 (US$M)

Global virgin coconut oil market statistics, by regions, 2018-2030 (US$M)

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