PUBLISHER: The Business Research Company | PRODUCT CODE: 1727887
PUBLISHER: The Business Research Company | PRODUCT CODE: 1727887
Organic coconut oil is coconut oil extracted from coconuts grown without the use of synthetic pesticides, herbicides, or chemical fertilizers. It is produced according to organic farming standards, ensuring that the entire production process ranging from cultivation to processing avoids artificial additives, preservatives, or genetically modified organisms (GMOs).
The main types of organic coconut oil products are virgin organic coconut oil and refined organic coconut oil. Virgin organic coconut oil is made from the first cold pressing of fresh coconut meat, ensuring that no heat or chemical processes are used during extraction. It is distributed through various channels, including online stores, supermarkets or hypermarkets, specialty stores, and others, and is used in a range of applications such as the food industry, chemical industry, beauty and cosmetics industry, medical industry, and more. Its target end users include both households and commercial customers.
The organic coconut oil market research report is one of a series of new reports from The Business Research Company that provides organic coconut oil market statistics, including organic coconut oil industry global market size, regional shares, competitors with an organic coconut oil market share, detailed organic coconut oil market segments, market trends and opportunities, and any further data you may need to thrive in the organic coconut oil industry. This organic coconut oil market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The organic coconut oil market size has grown strongly in recent years. It will grow from $2.43 billion in 2024 to $2.63 billion in 2025 at a compound annual growth rate (CAGR) of 8.2%. The growth during the historic period can be attributed to the growing awareness of health benefits, the increasing demand for organic products, the rising popularity of natural skincare, the expansion of vegan diets, and a surge in the use of functional food applications.
The organic coconut oil market size is expected to see strong growth in the next few years. It will grow to $3.55 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth during the forecast period can be attributed to the preference for chemical-free cooking oils, the growth in coconut farming, an increase in disposable income, the rise of online retail, and the growing popularity of superfoods. Key trends in the forecast period include advancements in coconut oil processing, the development of cold-pressed processing methods, innovations in flavor retention during processing, the introduction of organic refining technologies, and improved extraction techniques for virgin coconut oil.
The increasing health consciousness among consumers is expected to drive the growth of the organic coconut oil market in the coming years. Health consciousness refers to an individual's awareness and proactive approach toward improving overall health and well-being. This growing awareness is fueled by an increasing understanding of chronic diseases, easy access to health information, a focus on preventive healthcare, and the rise of the health and wellness industry. Organic coconut oil aligns with this trend by providing a natural, nutrient-dense alternative that promotes heart health, boosts immunity, and enhances skin and hair wellness. As consumers seek healthier, additive-free options, organic coconut oil has become an attractive choice. For example, according to New Food magazine published by Russell Publishing Limited, in 2022, around 3.3 million consumers purchased at least 10% more healthy products, resulting in a 12% increase in volume, with over 500,000 new shoppers now including at least 65% healthy items in their baskets. As a result, rising health consciousness is driving the growth of the organic coconut oil market.
Companies in the organic coconut oil market are focusing on strategic investments to enhance production capacity, expand product portfolios, and strengthen their market positions. Strategic investments involve allocating resources, such as financial and technological, to achieve long-term business objectives. For instance, in July 2023, Erewhon Market, a US-based supermarket chain, invested in Zuma Valley LLC, a food manufacturer. This strategic move supports the growth of high-quality, organic coconut products and aims to expand Zuma Valley's offerings, including organic coconut oil, while enhancing distribution capabilities. The partnership reflects the growing consumer demand for natural and sustainably sourced coconut products and underscores Erewhon's commitment to high-quality, nutrient-rich foods.
In September 2024, Century Pacific Food, Inc., a Philippines-based food manufacturer, acquired Coco Harvest for $40 million. The acquisition aims to expand Century Pacific's production capacity and strengthen its portfolio of coconut-based products, including coconut water, milk, desiccated coconut, and virgin coconut oil. The move will create over 1,500 jobs, support local farmers by providing market access, and address the rising global demand for sustainable, health-focused coconut products. Coco Harvest Inc. is a Philippines-based company specializing in coconut water, coconut milk, desiccated coconut, and organic virgin coconut oil.
Major players in the organic coconut oil market are Spectrum Organic Products LLC, Kirkland Signature, NOW Foods, Garden of Life, Dr. Bronner's, Jarrow Formulas, Primex Group, Nature's Way Co. Ltd., Nutiva, BetterBody Foods & Nutrition, Barlean's Organic Oils LLC., La Tourangelle, Carrington Farms, Radha Beauty, Celebes Coconut Corporation, Greenville Agro Corporation, CIIF OMG, Viva Naturals Inc., Coconut Secret, Tropical Traditions, Island Fresh, Anjou, Sky Organics LLC., Organic Fiji, The Coconut Company (UK) Ltd.
Asia-Pacific was the largest region in the organic coconut oil market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in organic coconut oil report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the organic coconut oil market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The organic coconut oil market consists of sales of coconut cooking oil, butter substitutes, coconut moisturizers, coconut haircare oil, and coconut baby care oil. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Organic Coconut Oil Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on organic coconut oil market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for organic coconut oil ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The organic coconut oil market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.