Global Extra Virgin Coconut Oil Market Size, Share & Trends Analysis Report By End Use (B2B, and B2C.), Based on Packaging (Metal Cans, Plastic Bottles, and Pouches), By Type, (Organic, and Conventional), By Regional Outlook and Forecast, 2024 - 2031

Global Extra Virgin Coconut Oil Market Size, Share & Trends Analysis Report By End Use (B2B, and B2C.), Based on Packaging (Metal Cans, Plastic Bottles, and Pouches), By Type, (Organic, and Conventional), By Regional Outlook and Forecast, 2024 - 2031


The Global Extra Virgin Coconut Oil Market size is expected to reach $4.8 billion by 2031, rising at a market growth of 8.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,146.59 hundred tonnes, experiencing a growth of 13.5% (2020-2023).

As consumers in the Asia Pacific region embrace their cultural heritage and traditional food ingredients, there is a growing preference for EVCO due to its superior quality and health benefits. Thus, the Asia Pacific region acquired 36.5% revenue share in the market 2023. In the terms of volume Asia Pacific region attained a volume of 438.19 hundred tonnes in the market 2023.Urbanization in China has led to changes in dietary preferences, with urban consumers increasingly seeking healthier and more diverse food options.

The increasing adoption of plant-based diets and lifestyles drives demand for plant-based alternatives to animal-derived products. EVCO, derived from coconuts, is a popular plant-based fat source used in cooking, baking, and frying.

Additionally, Consumers may be more open to trying and integrating EVCO-based products into their regular routines, leading to market diversity and expansion. Hence, higher level of disposable income has been a pivotal factor in driving the growth of the market.

However, Price volatility creates uncertainty for consumers, decreasing confidence in the EVCO. Fluctuating prices may deter consumers from purchasing EVCO products, as they may perceive them as less reliable or too expensive. Reduced consumer confidence can lead to lower demand for EVCO, negatively impacting market growth. Thus, high price volatility can slow down the growth of the market.

By End Use Analysis

On the basis of end use, the market is segmented into B2B and B2C. The B2C segment covered a 33.4% revenue share in the market in 2023. In 2023, the B2C segment attained a volume of 359.83 hundred tonnes in the market. The increase in e-commerce platforms has facilitated consumer access to various EVCO products from suppliers and brands.

By Packaging Analysis

Based on packaging, the market is categorized into metal cans, plastic bottles, and pouches. In 2023, the metal cans segment captured 42.2% revenue share in the market with maximum revenue share. Metal cans provide excellent protection against light, air, and moisture, helping to preserve the freshness, flavor, and quality of EVCO.

By Type Analysis

By type, the market is bifurcated into organic and conventional. The conventional segment acquired 33.1% revenue share in the market in 2023. In the terms of volume, conventional segment attained a volume of 454.94 hundred toones in the market 2023. Conventional EVCO is prized for its culinary versatility and flavor profile, making it a staple ingredient in many cuisines and recipes.

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the North America region acquired 27.2% revenue share in the market. North American consumers increasingly prioritize health and wellness, leading to a growing interest in natural and organic products.

List of Key Companies Profiled
  • Nutiva, Inc.
  • Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG)
  • Garden of Life
  • Forest Essentials
  • MaxCare
  • Barlean's Organic Oils, LLC
  • Spectrum Organic Products LLC (Hain Celestial Group)
  • Celebes Coconut Corporation
  • Healthy Traditions, Inc.
  • PT. Universal Coco Indonesia
Global Extra Virgin Coconut Oil Market Report Segmentation

By End Use (Volume, Hundred Tonnes, USD Billion, 2020-2031)
  • B2B
  • B2C
By Packaging (Volume, Hundred Tonnes, USD Billion, 2020-2031)
  • Metal Cans
  • Plastic Bottles
  • Pouches
By Type (Volume, Hundred Tonnes, USD Billion, 2020-2031)
  • Organic
  • Conventional
By Geography (Volume, Hundred Tonnes, USD Billion, 2020-2031)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Extra Virgin Coconut Oil Market, by End Use
1.4.2 Global Extra Virgin Coconut Oil Market, by Packaging
1.4.3 Global Extra Virgin Coconut Oil Market, by Type
1.4.4 Global Extra Virgin Coconut Oil Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Global Extra Virgin Coconut Oil Market by End Use
4.1 Global B2B Market by Region
4.2 Global B2C Market by Region
Chapter 5. Global Extra Virgin Coconut Oil Market by Packaging
5.1 Global Metal Cans Market by Region
5.2 Global Plastic Bottles Market by Region
5.3 Global Pouches Market by Region
Chapter 6. Global Extra Virgin Coconut Oil Market by Type
6.1 Global Organic Market by Region
6.2 Global Conventional Market by Region
Chapter 7. Global Extra Virgin Coconut Oil Market by Region
7.1 North America Extra Virgin Coconut Oil Market
7.1.1 North America Extra Virgin Coconut Oil Market by End Use
7.1.1.1 North America B2B Market by Region
7.1.1.2 North America B2C Market by Region
7.1.2 North America Extra Virgin Coconut Oil Market by Packaging
7.1.2.1 North America Metal Cans Market by Country
7.1.2.2 North America Plastic Bottles Market by Country
7.1.2.3 North America Pouches Market by Country
7.1.3 North America Extra Virgin Coconut Oil Market by Type
7.1.3.1 North America Organic Market by Country
7.1.3.2 North America Conventional Market by Country
7.1.4 North America Extra Virgin Coconut Oil Market by Country
7.1.4.1 US Extra Virgin Coconut Oil Market
7.1.4.1.1 US Extra Virgin Coconut Oil Market by End Use
7.1.4.1.2 US Extra Virgin Coconut Oil Market by Packaging
7.1.4.1.3 US Extra Virgin Coconut Oil Market by Type
7.1.4.2 Canada Extra Virgin Coconut Oil Market
7.1.4.2.1 Canada Extra Virgin Coconut Oil Market by End Use
7.1.4.2.2 Canada Extra Virgin Coconut Oil Market by Packaging
7.1.4.2.3 Canada Extra Virgin Coconut Oil Market by Type
7.1.4.3 Mexico Extra Virgin Coconut Oil Market
7.1.4.3.1 Mexico Extra Virgin Coconut Oil Market by End Use
7.1.4.3.2 Mexico Extra Virgin Coconut Oil Market by Packaging
7.1.4.3.3 Mexico Extra Virgin Coconut Oil Market by Type
7.1.4.4 Rest of North America Extra Virgin Coconut Oil Market
7.1.4.4.1 Rest of North America Extra Virgin Coconut Oil Market by End Use
7.1.4.4.2 Rest of North America Extra Virgin Coconut Oil Market by Packaging
7.1.4.4.3 Rest of North America Extra Virgin Coconut Oil Market by Type
7.2 Europe Extra Virgin Coconut Oil Market
7.2.1 Europe Extra Virgin Coconut Oil Market by End Use
7.2.1.1 Europe B2B Market by Country
7.2.1.2 Europe B2C Market by Country
7.2.2 Europe Extra Virgin Coconut Oil Market by Packaging
7.2.2.1 Europe Metal Cans Market by Country
7.2.2.2 Europe Plastic Bottles Market by Country
7.2.2.3 Europe Pouches Market by Country
7.2.3 Europe Extra Virgin Coconut Oil Market by Type
7.2.3.1 Europe Organic Market by Country
7.2.3.2 Europe Conventional Market by Country
7.2.4 Europe Extra Virgin Coconut Oil Market by Country
7.2.4.1 Germany Extra Virgin Coconut Oil Market
7.2.4.1.1 Germany Extra Virgin Coconut Oil Market by End Use
7.2.4.1.2 Germany Extra Virgin Coconut Oil Market by Packaging
7.2.4.1.3 Germany Extra Virgin Coconut Oil Market by Type
7.2.4.2 UK Extra Virgin Coconut Oil Market
7.2.4.2.1 UK Extra Virgin Coconut Oil Market by End Use
7.2.4.2.2 UK Extra Virgin Coconut Oil Market by Packaging
7.2.4.2.3 UK Extra Virgin Coconut Oil Market by Type
7.2.4.3 France Extra Virgin Coconut Oil Market
7.2.4.3.1 France Extra Virgin Coconut Oil Market by End Use
7.2.4.3.2 France Extra Virgin Coconut Oil Market by Packaging
7.2.4.3.3 France Extra Virgin Coconut Oil Market by Type
7.2.4.4 Russia Extra Virgin Coconut Oil Market
7.2.4.4.1 Russia Extra Virgin Coconut Oil Market by End Use
7.2.4.4.2 Russia Extra Virgin Coconut Oil Market by Packaging
7.2.4.4.3 Russia Extra Virgin Coconut Oil Market by Type
7.2.4.5 Spain Extra Virgin Coconut Oil Market
7.2.4.5.1 Spain Extra Virgin Coconut Oil Market by End Use
7.2.4.5.2 Spain Extra Virgin Coconut Oil Market by Packaging
7.2.4.5.3 Spain Extra Virgin Coconut Oil Market by Type
7.2.4.6 Italy Extra Virgin Coconut Oil Market
7.2.4.6.1 Italy Extra Virgin Coconut Oil Market by End Use
7.2.4.6.2 Italy Extra Virgin Coconut Oil Market by Packaging
7.2.4.6.3 Italy Extra Virgin Coconut Oil Market by Type
7.2.4.7 Rest of Europe Extra Virgin Coconut Oil Market
7.2.4.7.1 Rest of Europe Extra Virgin Coconut Oil Market by End Use
7.2.4.7.2 Rest of Europe Extra Virgin Coconut Oil Market by Packaging
7.2.4.7.3 Rest of Europe Extra Virgin Coconut Oil Market by Type
7.3 Asia Pacific Extra Virgin Coconut Oil Market
7.3.1 Asia Pacific Extra Virgin Coconut Oil Market by End Use
7.3.1.1 Asia Pacific B2B Market by Country
7.3.1.2 Asia Pacific B2C Market by Country
7.3.2 Asia Pacific Extra Virgin Coconut Oil Market by Packaging
7.3.2.1 Asia Pacific Metal Cans Market by Country
7.3.2.2 Asia Pacific Plastic Bottles Market by Country
7.3.2.3 Asia Pacific Pouches Market by Country
7.3.3 Asia Pacific Extra Virgin Coconut Oil Market by Type
7.3.3.1 Asia Pacific Organic Market by Country
7.3.3.2 Asia Pacific Conventional Market by Country
7.3.4 Asia Pacific Extra Virgin Coconut Oil Market by Country
7.3.4.1 China Extra Virgin Coconut Oil Market
7.3.4.1.1 China Extra Virgin Coconut Oil Market by End Use
7.3.4.1.2 China Extra Virgin Coconut Oil Market by Packaging
7.3.4.1.3 China Extra Virgin Coconut Oil Market by Type
7.3.4.2 Japan Extra Virgin Coconut Oil Market
7.3.4.2.1 Japan Extra Virgin Coconut Oil Market by End Use
7.3.4.2.2 Japan Extra Virgin Coconut Oil Market by Packaging
7.3.4.2.3 Japan Extra Virgin Coconut Oil Market by Type
7.3.4.3 India Extra Virgin Coconut Oil Market
7.3.4.3.1 India Extra Virgin Coconut Oil Market by End Use
7.3.4.3.2 India Extra Virgin Coconut Oil Market by Packaging
7.3.4.3.3 India Extra Virgin Coconut Oil Market by Type
7.3.4.4 South Korea Extra Virgin Coconut Oil Market
7.3.4.4.1 South Korea Extra Virgin Coconut Oil Market by End Use
7.3.4.4.2 South Korea Extra Virgin Coconut Oil Market by Packaging
7.3.4.4.3 South Korea Extra Virgin Coconut Oil Market by Type
7.3.4.5 Australia Extra Virgin Coconut Oil Market
7.3.4.5.1 Australia Extra Virgin Coconut Oil Market by End Use
7.3.4.5.2 Australia Extra Virgin Coconut Oil Market by Packaging
7.3.4.5.3 Australia Extra Virgin Coconut Oil Market by Type
7.3.4.6 Malaysia Extra Virgin Coconut Oil Market
7.3.4.6.1 Malaysia Extra Virgin Coconut Oil Market by End Use
7.3.4.6.2 Malaysia Extra Virgin Coconut Oil Market by Packaging
7.3.4.6.3 Malaysia Extra Virgin Coconut Oil Market by Type
7.3.4.7 Rest of Asia Pacific Extra Virgin Coconut Oil Market
7.3.4.7.1 Rest of Asia Pacific Extra Virgin Coconut Oil Market by End Use
7.3.4.7.2 Rest of Asia Pacific Extra Virgin Coconut Oil Market by Packaging
7.3.4.7.3 Rest of Asia Pacific Extra Virgin Coconut Oil Market by Type
7.4 LAMEA Extra Virgin Coconut Oil Market
7.4.1 LAMEA Extra Virgin Coconut Oil Market by End Use
7.4.1.1 LAMEA B2B Market by Country
7.4.1.2 LAMEA B2C Market by Country
7.4.2 LAMEA Extra Virgin Coconut Oil Market by Packaging
7.4.2.1 LAMEA Metal Cans Market by Country
7.4.2.2 LAMEA Plastic Bottles Market by Country
7.4.2.3 LAMEA Pouches Market by Country
7.4.3 LAMEA Extra Virgin Coconut Oil Market by Type
7.4.3.1 LAMEA Organic Market by Country
7.4.3.2 LAMEA Conventional Market by Country
7.4.4 LAMEA Extra Virgin Coconut Oil Market by Country
7.4.4.1 Brazil Extra Virgin Coconut Oil Market
7.4.4.1.1 Brazil Extra Virgin Coconut Oil Market by End Use
7.4.4.1.2 Brazil Extra Virgin Coconut Oil Market by Packaging
7.4.4.1.3 Brazil Extra Virgin Coconut Oil Market by Type
7.4.4.2 Argentina Extra Virgin Coconut Oil Market
7.4.4.2.1 Argentina Extra Virgin Coconut Oil Market by End Use
7.4.4.2.2 Argentina Extra Virgin Coconut Oil Market by Packaging
7.4.4.2.3 Argentina Extra Virgin Coconut Oil Market by Type
7.4.4.3 UAE Extra Virgin Coconut Oil Market
7.4.4.3.1 UAE Extra Virgin Coconut Oil Market by End Use
7.4.4.3.2 UAE Extra Virgin Coconut Oil Market by Packaging
7.4.4.3.3 UAE Extra Virgin Coconut Oil Market by Type
7.4.4.4 Saudi Arabia Extra Virgin Coconut Oil Market
7.4.4.4.1 Saudi Arabia Extra Virgin Coconut Oil Market by End Use
7.4.4.4.2 Saudi Arabia Extra Virgin Coconut Oil Market by Packaging
7.4.4.4.3 Saudi Arabia Extra Virgin Coconut Oil Market by Type
7.4.4.5 South Africa Extra Virgin Coconut Oil Market
7.4.4.5.1 South Africa Extra Virgin Coconut Oil Market by End Use
7.4.4.5.2 South Africa Extra Virgin Coconut Oil Market by Packaging
7.4.4.5.3 South Africa Extra Virgin Coconut Oil Market by Type
7.4.4.6 Nigeria Extra Virgin Coconut Oil Market
7.4.4.6.1 Nigeria Extra Virgin Coconut Oil Market by End Use
7.4.4.6.2 Nigeria Extra Virgin Coconut Oil Market by Packaging
7.4.4.6.3 Nigeria Extra Virgin Coconut Oil Market by Type
7.4.4.7 Rest of LAMEA Extra Virgin Coconut Oil Market
7.4.4.7.1 Rest of LAMEA Extra Virgin Coconut Oil Market by End Use
7.4.4.7.2 Rest of LAMEA Extra Virgin Coconut Oil Market by Packaging
7.4.4.7.3 Rest of LAMEA Extra Virgin Coconut Oil Market by Type
Chapter 8. Company Profiles
8.1 Nutiva, Inc.
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Acquisition and Mergers:
8.1.3 SWOT Analysis
8.2 Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG)
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Garden of Life, LLC (Nestle S.A)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 SWOT Analysis
8.4 Forest Essentials
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Maxcare
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Barlean's Organic Oils, LLC
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Spectrum Organic Products LLC (Hain Celestial Group)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Celebes Coconut Corporation
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Healthy Traditions, Inc.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. PT. Universal Coco Indonesia
8.10.1 Company Overview
8.10.2 SWOT Analysis
Chapter 9. Winning Imperatives of Extra Virgin Coconut Oil Market

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