Buy the full study
Summary of our market study
The French coconut oil market is estimated at between €25 and €35 million.
The global coconut oil market has grown considerably, with coconut oil being the 8ᵉ most produced vegetable oil in the world. Demand for coconut oil is strong due to its versatility in applications for cooking, pharmaceuticals, and cosmetics.
While Europe is one of the main consumers, the majority of production takes place in Asia-Pacific countries. Indonesia, the Philippines and India dominate both production and export markets. In 2020, the Philippines was the main exporter to France, accounting for 55% of imports.
Organic coconut oil accounts for 70% of the total coconut oil market.
Coconut oil prices fluctuate widely.
There is no specific regulatory framework within the European Union.
Growing consumer interest in healthier oils
Recognized for its potential health benefits, such as reducing bad cholesterol levels, coconut oil has gained in popularity. Coconut oil is used in cooking, food supplements, beauty and cosmetics, hygiene products, food and beverages, and pharmaceuticals.
The market is experiencing a sharp increase in demand for virgin and organic coconut oils. Virgin coconut oils are preferred because of their natural extraction methods and the preservation of their intrinsic health benefits. Prices range from 13 to 24 euros per liter. Organic coconut oil accounts for around 70% of the market.
Coconut oil market players
The coconut oil industry covers various sectors, including cooking, cosmetics and health supplements, with the presence on the market of several major players meeting the diverse demands of consumers worldwide.
Asian dominance in production
indonesia and the Philippines stand out as the largest producers and exporters of coconut oil and organic coconut oil.
European import centers
the Netherlands, Germany, France and Italy are among Europe's leading importers of coconut oil.
Cosmetics and wellness brands
In the cosmetics and wellness industry, world-renowned brands such as Emile Noël and Aroma-Zone have integrated organic virgin coconut oil into their product ranges.
Retail and e-commerce
Brands such as Bio Village and Planet au Naturel have found their way onto supermarket shelves and online shopping platforms
Price and market competition
On the price front, brands like NaturaleBio and La Tourangelle offer a range of coconut oil products, competing on prices that reflect the quality, purity and sourcing method of coconut oil - whether virgin, extra-virgin or refined.
to understand this market
Detailed content of our market study
Inforamtion
- Number of pages : ~ 40 pages
- Format : Digital and PDF versions
- Last update :
Summary and extracts
1 Market overview
1.1 Definition and scope of the study
Coconut oil is an edible vegetable oil made from the fresh albumen of mature coconuts. In 2020, coconut oil was the 8ᵉ most produced vegetable oil in the world.
The popularity of coconut oil comes from its virtues for the health because it contributes to reduce the level of "bad" cholesterol in the body. It has a multitude of different uses in cooking (vegetable oil, dietary supplement), cosmetics (skin care, hair care) or in the pharmaceutical industry.
There are two kinds of vegetable oils: virgin oils and refined oils (copra). The difference lies in the way they are extracted. There are also virgin and extra virgin coconut oils, the latter being more expensive. Nevertheless, no standard clearly defines the difference between the two.
Organic coconut oil refers to oil that has been produced without the use of chemicals or pesticides to grow the coconuts.
Coconuts are mainly produced in East Asia, such as Indonesia, and European countries are the main consumers of coconut oil, 5 of the countries importing the most coconut oil are in Europe in 2020, with France in the 9ᵉ position of importers.
Coconut trees cannot grow in mainland France for climatic reasons, so French production comes from the production of the DOM TOM, notably Reunion, Martinique and French Guiana, but this production remains low, forcing France to import oils in large quantities. In 2019 and 2020 the quantity of imported oil stabilized after a 38% growth compared to 2018, with more than half of the imports coming from the Philippines in 2020
The health benefits of coconut oil have been controversial, as well as the impact of its production on the environment, but organic coconut oil remains a product that fits perfectly with current trends in organic and natural products.
List of charts presented in this market study
- Development of coconut production
- Development of coconut oil production
- The most produced oils in the world
- Ranking of coconut oil exporting countries by volume
- Ranking of coconut oil importing countries by volume
All our studies are available online in PDF format
Take a look at an example of our research on another market!
Latest news
Distribution: Biocoop capitalizes on its pricing strategy | Biocoop: a winning pricing strategy - 25/10/2023
- Biocoop's sales represent 43.8% of the market for specialist organic stores.
- Eight new Biocoop outlets have opened since the beginning of the year. Source: Circana.
Biocoop: 740 stores and 3,500 partner farms. - 11/09/2023
- Biocoop is France's leading network specializing in the distribution of organic produce
- Biocoop has over 740 stores and 3,500 partner farms
- The chain achieved sales of 1.4 billion euros in 2022, down 6%
- The French organic market enjoyed double-digit growth for ten years before declining in 2022 due to inflation.
La Vie Claire in peril: -8.7% in 2022. - 10/04/2023
- La Vie Claire sales: 8.7% decrease by 2022, to 325 million euros.
- Number of La Vie Claire stores: around 400 by 2023.
- Head office: based in Rhône, France.
- Organic market growth: double-digit growth until three years ago, then 12% decline in national organic sales by 2022.
- Inflation in the organic sector: rising inflation, due in particular to higher energy and materials prices
- The brand is also continuing to expand with new store openings, and is exploring complementary models such as lease management or free management.
The organic sector in turmoil: Vie Claire sales down 8.7% by 2022 - 10/04/2023
- -Decline in national organic sales: 12% by 2022
- Number of La Vie Claire stores: 400
- La Vie Claire sales in 2022: 325 million euros
- Drop in La Vie Claire sales in 2022: 8.7%
Food: Naturalia focuses on health - 07/04/2023
- Biocoop dominates 50% of the market.
- Organic market down 12% by 2022.
- 95% of French people find organic stores boring and austere.
- Food inflation averages 17%.
- - Organic food 50% more expensive than conventional food.
- - Naturalia has closed 26 unprofitable stores by 2022, and has convinced 12 independents to join them, to which 11 new stores have been added.
- - The network now has 245 outlets.
- - Naturalia sales in 2022: 355 million euros, in 2020: 395 million euros in 2021: 385 million euros
Naturalia cuts back on organic products to win new customers - 06/04/2023
- Organic consumption has fallen over the last two years.
- Naturalia offers 95% organic products.
- According to NielsenIQ, sales of products labelled "organic" have fallen by 7.4% in supermarkets in 2022, and by 12% in specialist outlets
- Naturalia sales are down 7%.
- The chain has closed 26 unprofitable stores.
- Organic products on average 30% more expensive than non-organic products.
Companies quoted in this study
This study contains a complete overview of the companies in the market, with the latest figures and news for each company. :
Choosing this study means :
Access to more than 35 hours of work
Our studies are the result of over 35 hours of research and analysis. Using our studies allows you to devote more time and added value to your projects.
Benefit from 6 years' experience and over 1,500 industry reports already produced
Our expertise enables us to produce comprehensive studies in all sectors, including niche and emerging markets.
Our know-how and methodology enable us to produce reports that offer unique value for money.
Access to several thousand articles and paid-for data
Businesscoot has access to all the paid economic press as well as exclusive databases to carry out its market research (over 30,000 articles and private sources).
To enhance our research, our analysts also use web indicators (semrush, trends, etc.) to identify market trends and company strategies. (Consult our paying sources)
Guaranteed support after your purchase
A team dedicated to after-sales service, to guarantee you a high level of satisfaction. +44 238 097 0676
A digital format designed for our users
Not only do you have access to a PDF, but also to a digital version designed for our customers. This version gives you access to sources, data in Excel format and graphics. The content of the study can therefore be easily retrieved and adapted for your specific needs.
Our offers :
the organic coconut oil market | France
- What are the figures on the size and growth of the market?
- What is driving the growth of the market and its evolution?
- What is the positioning of companies in the value chain?
- Data from several dozen databases
Pack 5 études (-15%) France
- 5 études au prix de 75,6€HT par étude à choisir parmi nos 800 titres sur le catalogue France pendant 12 mois
- Conservez -15% sur les études supplémentaires achetées
- Choisissez le remboursement des crédits non consommés au terme des 12 mois (durée du pack)
Consultez les conditions du pack et de remboursement des crédits non consommés.
Our customer references
They have consulted our studies
Discover the opinions (+500)
Malcolm Vincent
Astoria Finance
Gregoire de Castelnau
Stags Participations
Timothé Huignard
PWC
Paul-Alexis Kebabtchieff
BCG
Aymeric Granet
Publicis Consultant
interviews & case studies
All interviews and case studies (45)
