Global Coconut Products Market Size is estimated to expand rapidly in coming years, at a CAGR of 18.5 % from 2018 to 2027. In 2017, the global market valuation was USD 32.45 billion, and it is anticipated to be greater than USD xx.xx billion by 2027. Increasing number of coconut derivatives and their positive health effects has impacted the global coconut products market and is expected to maintain its dominance over the forecast period. Moreover increasing use of coconut oil and milk in emerging countries is further expected to affect the market in positive manner. Food and beverages along with cosmetic manufacturers are increasing their investments in R&D to extract full nourishment of the coconut to enhance their product contribution.
Global Market Growth Opportunities (Revenue, Growth) By 2018-2027
Coconut oil is good for hair and skin. This leads to demands in the food and beverage sector, personal care and cosmetic applications. Similarly, cocoa milk is becoming increasingly popular with vegan people as an option to dairy milk. Due to the related wellness advantages other derivatives such as cocoa oil, milk and chips and cakes gain notoriety. Different applications in the coming years are expected to further stimulate supply.
Coconut water has become more popular because of its inherent hydrogen characteristics when using energy drinks. Products such as coir, sugar, chips, cookies, etc., are anticipated to be the result of increasing supply in various apps. Coir for example is used to produce geo-textiles because of their remarkable durability and absorbent features.
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global coconut products market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global coconut products market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
The analysis of the report is carried on various primary and secondary data sources. The primary sources include conduction interviews with numerous industry analysts, suppliers, distributors, and other involved professionals. The secondary sources include a review of statistical data from press releases, government websites, annual reports of the companies, and other relevant documents.
During interviews, these primary and secondary sources provide exclusive information, which acts as a validation from global coconut products market leaders. Access to an extensive internal repository and external proprietary databases helps this study to address questions and details regarding the market. Also, the report uses the top-down approach to assess the figures for each segment and to counter-validate them with the bottom-up approach.
We have covered two proprietary models in the coconut products report, the FPNV Positioning Matrix and the Competitive Strategic Window and. The FPNV Positioning Matrix analyses players’ competitive marketplace in terms of product satisfaction and business strategy they follow to sustain in the market. In terms of applications, markets, and geographies, the Competitive Strategic Window analyses the competitive landscape.
By Product Insights: On the basis of product, global coconut products market has been segmented into oil, milk/cream, and water. Among which coconut oil segment has accounted for largest share in the global market. Coconut oil is consisted of high saturated fat content, which can boost the fat burning in the body and increases energy lever in the body. Also, coconut oil and milk raises the good cholesterol of the body which is beneficial for reducing fat content and decreasing the prevalence of heart attacks.
Coconut oil is also used to exercise children, in particular, as it strengthens their muscles. When blended with other scented oils, the skin massages oil is outstanding and works as a stress reliever. In addition, in significant developing countries such as India and China, oil is used in natural food cooking techniques. However it faces harsh rivalry from other substitution products such as fruit and soy milk owing to the elevated saturated fat material.
In many healthy meals and bakery products coconut milk and cream are used. The implementation of these products in the cosmetics and personal care sectors is also growing. Additional products such as coconut chips and cookies are used as snacks for safe consumption. Desiccated fruit has meal toppings or lacquers for cooking purposes. Coconut sugar is another unscrewed form of item that progressively grows as a result of increased consciousness of the consumer.
By Application Insights: On the basis of application, global coconut products market has been segmented into cosmetics, food & beverages. Among which cosmetics segment has accounted for largest share in forecast period. Various hair and skin product manufacturers use coconut derivatives as the base ingredient. These products have antioxidant characteristics that benefit in anti-aging creams and are directly used in home-made hair and skin bags. In the forecast period, this is anticipated to boost market growth. The growing industry in cosmetics is promoting producers to bring fresh and creative cosmetics because of their extremely profitable existence. This helps to accelerate the segment's development.
The coconut products market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.
Global Coconut Products Market Size, Share Analysis by Region 2018
In terms of revenue North America region is expected to be the highest growing region and is expected to contribute largest share of the global market revenue. In North America, U.S. is expected to be the highest contributor of revenue. Increasing healthcare awareness related to obesity, and increasing use of coconut products in manufacturing of smoothies and energy drinks is key factor fueling the global market in North America region. Due to the rise in coconut water and milk use, Europe is anticipated to be the highest CAGR during the forecast period. In many European nations, milk is already used as a non-milk solution. However, there has been a significant rise in supply for these products owing to the growing knowledge of the advantages of coconut water. The Netherlands is China and the United States ' main importer of coconut oil.
Asia Pacific, Central and South America, as the main plantations are located in Indonesia, Philippines, Germany, India, Brazil, Sri Lanka and Vietnam, also make a substantial contribution to consumer consumption. These nations are also North America and Europe's largest distributors. The world's main exporters of coconut and cocoon oil in the Philippines and Indonesia.
Global Coconut Products Market Study Objective
1. To forecast the market size of coconut products market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of coconut products market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of coconut products market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of coconut products market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the coconut products market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Vita Coco, PepsiCo, Coca-Cola, and Eco Biscuits are some of the key players in the market of coconut products. These businesses have taken various development approaches in order to enhance their business situation. The main growth policies taken by these teams to improve their products' and global existence to satisfy the increasing supply from developing economy bubbles officials are expansion, fresh brand creation, fusion & procurement and cooperation.
Global Coconut Products Market Study Report Offer You!
The global coconut products market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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