Natural Coconut Oil might just be the most versatile kind of oil on the planet. Not only it can be used for hair nourishment, but natural coconut oil has numerous uses in health foods, natural medicine, natural beauty treatments and so much more. Coconuts are grown in abundance in more than 60 countries. The amount of coconut that is produced globally is around 60 million tons per year. Natural coconut oil is allocated from the kernel of fully-grown coconuts gathered from the coconut palm. Natural coconut oil is the newest, high-value coconut product very much pursued for its human, nutraceutical benefits. World demand for Natural coconut oil is increasing rapidly. The production of natural coconut oil is mostly done at household, or village level scales and is rising briskly. Natural coconut oil has excellent potential for improving coconut farms income which is one of the drivers advocating the growth of the natural coconut oil market.
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Reasons for Covering this Title
Natural coconut oil is the most stable among the plant oils that are being traded globally. If processed correctly, its natural anti-oxidants give it the longest shelf life as compared to other oils that exist. The current health scenario is described by the highest prevalence of heart diseases which in turn demands the consumption of Natural oils and fats that can subordinate the lipid level in tissues for sustaining human health. In this context, natural coconut oil is given serious importance based on the properties it contains that could contribute in curing the heart diseases apart from being just a source of nutrition. Some of the natural coconut oil benefits include: balancing of hormones, improvement in digestion, skin moisturization, reduction in cellulite, decreases wrinkles and age spots, blood sugar balance, fat burning and many more. Due to these benefits, the demand in the certain region is expected to stay strong as natural coconut oils is a very widely-held resourceful oil with multiple applications.
Global Natural Coconut Oil: Market Segmentation
On the basis of Nature, the global Natural Coconut Oil market has been segmented as –
On the basis of End-use, the global Natural Coconut Oil market has been segmented as –
- Food Industry
- Personal Care Industry
- Pharmaceutical Industry
On the basis of Distribution Channel –
- Direct Sales (B2B)
- Indirect Sales (B2C)
- Online Stores
- Specialty Stores
- Other Retailers
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Global Natural Coconut Oil Market: Market Participants:
Some of the key players operating in the global Natural Coconut Oil market are Bulk Apothecary, Health & Beauty Natural Oils Co., Inc., Superior Supplement Manufacturing, AIE Pharmaceuticals, Vigon International, Applied Material Solutions, Jedwards International, Inc., Alpha Aromatics, Chemsafe International, Vox Private Label Supplements, Essential Wholesale, Pure Healing Foods, World Perfumes, Eve Organics, Softgel Nutraceuticals, Manila Coco Bio-Essence Inc., Unilife LLC, Simply Goodfats LLC, among others.
Launching new product variants, attaining the smaller players in the market causing awareness about the benefits of using Natural Coconut Oils through various promotional activities and programs are some of the key drivers supporting the growth of the market in the near future.
Opportunities for Market Participants in Natural Coconut Oil Market
Coconut has been a significant part of people’s regime and livelihoods in tropical countries of Asia, Latin America and Africa for so many years. In these regions, native meals are cooked with either coconut milk or coconut oil. Owing to this natural coconut oil market is expected to show exceptional growth in Europe and Asia Pacific region in the next few years. Communities like APCC (Asian Pacific Coconut Community) and their member countries are actively promoting natural coconut oil for health and improvement in livelihoods of smallholder coconut processors. In India where the cultivation of coconuts is in abundance is rapidly emerging as a leading grower of coconuts. Traditional areas of coconut cultivation in India are Kerala, Tamil Nadu, Karnataka, Andhra Pradesh and many more. Owing to the farming implemented broadly in these states, the demand in India stays strong and can be considered a hot prospect for natural coconut oil market in the years to come. Furthermore, the natural coconut oil is the foundation for coconut snacks and its usage as a substitute for other oils is powering the growth of the market.
The Natural Coconut Oil market on the basis of region has been segmented as:
- North America
- Latin America
- CIS & Russia
- The Middle East & Africa