1.1 Definition and scope of study
Coconut oil is a vegetable oil that is obtained from the fruits of the coconut plant.
This product can be used for both domestic and cosmetic purposes.
For domestic purposes it is used:
· In cooking
· As a butter substitute
· In place of eggs in a vegan diet
· Other uses
For cosmetic purposes it is used:
· As a natural body lotion or moisturiser
· As a facial cleanser or moisturiser
· In soaps
· Other uses
Organic coconut oil can be: refined (pure coconut oil) and unrefined (processed coconut oil).
Globally, this market is estimated to grow at a CAGR of 6.37% during the period between 2018 and 2025. On the other hand, the market value is projected to reach USD 8.4 billion by 2025.
In Italy, the coconut oil market is definitely expanding. Coconut is one of the most loved tropical fruits by Italians and its oil is a product whose demand has grown exponentially in recent years.
The leader in Italy for the production and sales volume of coconut oil is Benvolio.
The main trend driving the sale of this particular type of oil, especially in Italy, is the change in consumer preferences towards a healthier and more conscious diet rich in organic and natural products. In addition, coconut oil has been scientifically proven to be beneficial as it boosts the immune system, aids digestion, fights parasites and heals burns. All of which make it an extremely desirable product on the market.
To keep reading, buy the full research
What is in this market study?
- What are the figures on the size and growth of the market?
- What is driving the growth of the market and its evolution?
- What are the latest trends in this market?
- What is the positioning of companies in the value chain?
- How do companies in the market differ from each other?
- Access company mapping and profiles.
- Data from several dozen databases
This market study is available online and in pdf format (30 p.)
- Consult an example PDF or online
Availability within 10 business days
1 sector analyzed
in 40 pages
The organic coconut oil market - France
Publicado en 26/02/2022 by CA Chevry
Relevant analysis of the Market of the Coco oil, providing the history and the opportunity for the future, including Top Coco Oil Manufacturing Company.