Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

­­­Global Coconut Products Market – Insights

Coconut flesh is highly nutritious and offers fibers, vitamins E, C, B1,B3, B5, and B6, and minerals such as iron, sodium, calcium, magnesium, selenium, and phosphorous. Coconut products offer multiple health benefits such as improvement in cardiovascular health, reduction of digestive problems, and aid in weight loss. Coconut water provides cardio-protective effect, boosts kidney health, aids in diabetes management, offers rehydrating effect post exercise, and aids in maintaining blood pressure levels. Increasing health awareness coupled with advantages of coconut products is driving growth of the global coconut products market.

Among products types, coconut oil segment is expected to witness significant market share during the forecast period. This is owing to its unique characteristics such as saturated fat content, stability, and biodegradability and it provides long shelf life to fried products.

Increasing demand for organic food products due to absence of chemicals used across the supply chain is providing new opportunities for coconut products. According to Organic Trade Association, sales of organic food increased by 6.4% in 2017, with respect to 2016, and reached US$ 45.2 billion. Therefore, advantages offered by organic coconut products are expected to boost growth of the coconut products in the market during the forecast period. Players operating in the global coconut products market are adopting various growth strategies such as product development and new product launches to cater to increasing demand for coconut milk powder and enhance their market share. For instance, the Coconut Company offers organic vegan coconut milk powder and vegan coconut milk powder to focus on the group of customers that prefer vegan and organic products.

However, fluctuating prices of coconut and its products is expected to hinder growth of the market. Price of coconut milk powder is majorly dependent on source of the coconut and transportation charges. Damage to plantation due to natural disasters also impacts the prices of coconut oil. According to World Bank, worldwide coconut prices in 2013, were US$ 939.47 per MT, which increased to US$ 1103.51 per MT, and US$ 1000.72 per MT in 2015 and 2018, respectively. This is attributed to fluctuating price of coconut oil, which depends on the demand and supply of coconut and other vegetable oils including palm oil and soy oil.

The global coconut products market was valued at US$ 5.7 billion in 2018, and is expected to register a CAGR of 9.9% in terms of revenue, over the forecast period (2019 – 2027), to reach US$ 13.14 billion by 2027.

Figure 1. Global Coconut Products Market Share, By Region, 2018

Coconut Products  | Coherent Market Insights

Source: Coherent Market Insights, 2018-19

Asia Pacific held the largest market share in the global coconut products market in 2018, and is projected to be the dominant region over the forecast period. This is owing to abundant production of coconut and widespread uses of coconut milk in various cuisines is popular in Asian countries. For instance, according to Food and Agricultural Organization (FAO), Asia accounted for 82.6% of the global coconut production in 2016.

Key players dealing in coconut products in Middle East are focused on presenting their products in various trade shows such as Middle East Organic & Natural Products Expo, Gulfood, and other events to increase public awareness on coconut products. For instance, products such as Protein Bar with coconut by Earth Origin for General Trading LLC and Coconut Water by Celebes Coconut Corporation will be promoted in Gulfood 2019.

Figure 2. Global Coconut Products Market Share, By Product, 2018

Coconut Products  | Coherent Market Insights

Source: Coherent Market Insights, 2018-19

Major players operating in the global coconut products market include The Coconut Company (UK) Ltd., Marico Ltd., Enature Organic Products, Ayam Sarl, Nestlé S.A., Renuka Foods PLC, S & P Industries Sdn Bhd, Shriram Coconut Products Limited, Star Heritage Products, and Pulau Sambu Singapore Pte Ltd.

Coconut products provide multiple health benefits such as improvement in cardiovascular health, reduction of digestive problems, and weight loss. Coconut water provides cardio protective effect, boost kidney health, aid in diabetes management, provide rehydrating effect post exercise, and aid in maintaining blood pressure levels. Health benefit of the coconut water such as regulation of internal fluids and ability to replenish and rehydrate the body are driving growth of the market.

Market Dynamics

By product type, coconut oil segment is expected to witness significant growth, owing to various advantages associated with it. Coconut oil is widely used in food, toiletry, and industrial sectors as it is saturated, stable, and biodegradable as well as enhances the shelf life of produced prepared using coconut oil. Moreover, refined coconut oil is used in the manufacturing of biscuits, chocolates, confectionery items, ice cream, pharmaceutical products, and paints.

Among region, Asia Pacific is expected to hold a significant market share during the forecast period. This is owing to substantial demand for coconut products from South Asian countries. Increasing lactose intolerant population in the region increases demand for coconut milk. According to U.S. National Library of Medicine, lactose intolerance in adulthood is most prevalent in people of East Asian descent, affecting over 90% of adults in some of these communities. Coconut milk is largely used as a substitute for milk, which contains lactose.

Key features of the study:

  • This report provides in-depth analysis of coconut products and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2019– 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
  • It profiles key players in the global coconut products market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include The Coconut Company (UK) Ltd., Marico Ltd., Enature Organic Products, Ayam SARL, Nestlé S.A., Renuka Foods PLC, S & P Industries Sdn Bhd, Shriram Coconut Products Limited, Star Heritage Products, and Pulau Sambu Singapore Pte Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
  • The global coconut products market report caters to various stakeholders in this industry including investors, suppliers, customized tea packaging manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the coconut products market

Detailed Segmentation:

  • Global Coconut Products Market, By Form:
    • Solid
    • Liquid
  • Global Coconut Products Market, By Product:
    • Coconut Powder
    • Coconut Water
    • Coconut Milk/Cream
    • Coconut Oil
    • Desiccated Coconut
    • Others
  • Global Coconut Products Market, By Geography:
    • North America
      • U.S.
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • Canada
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
    • Europe
      • U.K.
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • Germany
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • Italy
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • France
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • Russia
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • Rest of Europe
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
    • Asia Pacific
      • China
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • India
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • Japan
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • ASEAN
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • Australia
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • South Korea
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • Rest of Asia Pacific
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
    • Latin America
      • Brazil
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • Mexico
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • Rest of Latin America
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
    • Middle East
      • GCC
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • Israel
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • Rest of Middle East
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
    • Africa
      • North Africa
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • Central Africa
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
      • South Africa
        • By Form:
          • Solid
          • Liquid
        • By Product:
          • Coconut Powder
          • Coconut Water
          • Coconut Milk/Cream
          • Coconut Oil
          • Desiccated Coconut
          • Others
  • Company Profiles
    • The Coconut Company (UK) Ltd. *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Marico Ltd.
    • Enature Organic Products
    • AYAM SARL
    • Nestlé S.A.
    • Renuka Foods PLC
    • S & P Industries Sdn Bhd
    • Shriram Coconut Products Limited
    • Star Heritage Products
    • Pulau Sambu Singapore Pte Ltd.

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Form
      • Market Snippet, By Product
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New Material Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Coconut Products Market, By Form, 2016- 2027 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Solid
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn)
    • Liquid
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn)
  5. Global Coconut Products Market, By Products, 2016- 2027 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Coconut Powder
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn)
    • Coconut Water
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn)
    • Coconut Milk/Cream
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn)
    • Coconut Oil
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn)
    • Desiccated Coconut
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn)
    • Others (Coconut chips, coconut flour, Fiber, Activated Carbon, Coconut Sugar, etc.)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn)
  6. Global Coconut Products Market, By Region, 2016- 2027 (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
    • Europe
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • France
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
    • Asia Pacific
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • India
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
    • Latin America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
    • Middle East
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
    • Africa
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Northern Africa
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Form, 2016- 2027 (US$ Bn)
          • Market Size and Forecast, By Products, 2016- 2027 (US$ Bn)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • The Coconut Company (UK) Ltd.
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Marico Ltd.
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Enature Organic Products
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • AYAM SARL
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Nestlé S.A.
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Renuka Foods PLC
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • S & P Industries Sdn Bhd
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Shriram Coconut Products Limited
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Star Heritage Products
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • PULAU SAMBU SINGAPORE PTE LTD
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 25 market data tables* and 15 figures* on “Coconut Products Market” - Global forecast to 2027.

Frequently Asked Questions

The global coconut products market is estimated to surpass US$ 13.14 Billion by 2027 .
Major players operating in the global coconut products market include The Coconut Company (UK) Ltd., Marico Ltd., Enature Organic Products, Ayam Sarl, Nestlé S.A., Renuka Foods PLC, S & P Industries Sdn Bhd, Shriram Coconut Products Limited, Star Heritage Products, and Pulau Sambu Singapore Pte Ltd.
Fluctuating prices of coconut and its productsis one of the major factors that is expected to hamper growth of the market over the forecast period.
Increasing health awareness, coupled with advantages of coconut productsare some of the major factors that are expected to propel growth of the market over the forecast period.
The global coconut products market is estimated to exhibit a CAGR of 9.9% over the forecast period.
Among regions, Asia Pacific accounted for largest market share in the global coconut products market in 2018 .
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