NEW YORK, Oct. 13, 2021 /PRNewswire/ -- The virgin coconut oil market is set to grow by USD 517.98 million, progressing at a CAGR of 7%, from 2020 to 2024. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The virgin coconut oil market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Virgin Coconut Oil Market 2020-2024: Segmentation
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Virgin Coconut Oil Market 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the virgin coconut oil market include Edward & Sons Trading Co. Inc., Greenville Agro Corp., H2coco Pty Ltd, Healthy Traditions Inc., iTi Tropicals Inc., Jax Coco, Nutiva Inc., The Hain Celestial Group Inc., and Zumi Natural Ltd. Backed with competitive intelligence and benchmarking, our research report on the virgin coconut oil market is designed to provide entry support, customer profile, and M&A as well as go-to-market strategy support.
The report also covers the following areas:
The health benefits of virgin coconut oil, increasing prominence of private-label brands, and increasing demand for trans-fat-free oils will offer immense growth opportunities. However, the sourcing of tender coconuts will hamper the market growth.
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Virgin Coconut Oil Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist virgin coconut oil market growth during the next five years
Estimation of the virgin coconut oil market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the virgin coconut oil market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of virgin coconut oil market vendors
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Virgin Coconut Oil Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 7%
Market growth 2020-2024
USD 517.98 million
YoY growth (%)
APAC, Europe, North America, MEA, and South America
Performing market contribution
APAC at 54%
Key consumer countries
US, India, UK, The Philippines, and Indonesia
Leading companies, competitive strategies, consumer engagement scope
Edward & Sons Trading Co. Inc., Greenville Agro Corp., H2coco Pty Ltd, Healthy Traditions Inc., iTi Tropicals Inc., Jax Coco, Nutiva Inc., The Hain Celestial Group Inc., and Zumi Natural Ltd
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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