Virgin Coconut Oil (VCO) is extracted from fresh coconut milk obtained from mature kernel (12 months old from pollination) of coconut by mechanical or natural means, with or without the application of heat, which does not lead to alteration of the nature of the oil. VCO can be consumed in its natural state without the need for further processing. Hence, VCO does not undergo chemical refining, bleaching or deodorizing. Virgin coconut oil is colorless, free of sediment and has natural fresh coconut scent. It is free from rancid odor or taste. Virgin coconut oil consists mainly of medium chain fatty acids. The fatty acids in virgin coconut oil are distinct from animal fats which mainly consist of long chain saturated fatty acids.
The coconut trees are widely distributed in the Philippines, Indonesia, India, Sri Lanka, Malaysia, etc. Especially in Philippines, Indonesia and India, the coconut production accounts for more than 70 percent of the global production. Therefore, the coconut oil production also distribute in these countries.
Philippines are adding planting area of coconut trees, and a few years later, the coconut products production will increase. At the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in coconut oil market will become more intense.
The global Virgin Coconut Oil market is valued at 650 million USD in 2017 and is expected to reach 800 million USD by the end of 2025, growing at a CAGR of 2.7% between 2018 and 2025.
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This research report categorizes the China and global Virgin Coconut Oil market by type, end-use industry, and region.
International Manufacturers Covered
NMK HOLDINGS PRIVATE LIMITED
Greenville Agro Corporation
P.T. Harvard Cocopro
SUN BIO NATURALS INDIA PRIVATE LIMITED
NATURE PACIFIC PTY LTD
Manchiee De Coco
Genius Nature Herbs Pvt Ltd
Harin Bio-Tech International Private Limited
Virgin Coconut Oil
Extra Virgin Coconut Oil
Beauty and cosmetics
Central & South America
Middle East & Africa
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