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Virgin Coconut Oil Market size to grow by USD 517.98 Mn from 2020 to 2024|Increasing prominence of private-label brands to drive growth|Technavio

·4 min read

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.

Attractive Opportunities in Virgin Coconut Oil Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2020-2024
Attractive Opportunities in Virgin Coconut Oil Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2020-2024

Read Free Sample Report to explore more growth opportunities.

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

  • Product

  • Distribution channel

  • Geography

Receive our Sample Report Now to gain more information on the virgin coconut oil market segments.

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

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 7%

Market growth 2020-2024

USD 517.98 million

Market structure

Fragmented

YoY growth (%)

3.23

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 54%

Key consumer countries

US, India, UK, The Philippines, and Indonesia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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

Market Dynamics

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

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download Latest Free Sample Report in Minutes to get additional virgin coconut oil market highlights

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: media@technavio.com
Website: www.technavio.com/

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Technavio (PRNewsfoto/Technavio)
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