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MARKET OVERVIEW

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. 

ANALYSIS OF THE DEMAND

MARKET STRUCTURE

ANALYSIS OF THE OFFER

REGULATION

POSITIONING OF THE ACTORS

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Reviews (1)

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.


Businesscoot Response:

Thank you!