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India Coconut Oil Market to be Driven by the Extensive Health Benefits Offered by the Product in the Forecast Period of 2022-2027

The new report by Expert Market Research titled, ‘India Coconut Oil Market Size, Report and Forecast 2022-2027’, gives an in-depth analysis of the India coconut oil market, assessing the market based on its segments like sources, types, applications, distribution channels, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

India Coconut Oil Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

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The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 7.50%

Report Attribute Details
Historical Period 2017-2021
Forecast Period 2022-2027
Base Year 2021
Growth Rate CAGR 7.50%
Major Players Marico Limited, Dabur India Ltd., Patanjali Ayurved Limited, Shalimar Chemical Works Private Ltd., Nutiva Inc., Davidsun Coconut Products (DCP), and Sri Sellandiamman Oil Mill, among others.

Coconut oil promotes weight loss, increase the shine of hair, reduces stress, controls cholesterol, and reduces symptoms of asthma. In this regard, the increasing inclination of Indians towards healthy food products is driving the market growth. The increasing demand for coconut oil from household, for cooking purpose, is further propelling the demand for this product.

Over the forecast period, the anticipated increase in the sale of downstream coconut-oil cosmetic products, owing to the rising disposable income of Indians, is likely to be a major growth aiding factor of the market. Geographically, the Asia Pacific region accounts for a significant share in the market owing to the significantly high production of coconut in emerging economies such as India.

India Coconut Oil Industry Definition and Major Segments

Coconut oil is defined as an edible semi-solid fat which is obtained from fresh coconuts. Coconut oil does not contain cholesterol and approximately 90% saturated fat is present in it. It is a healthy oil which contains vitamin E and the industrial uses of coconut oil include soaps and food products.

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On the basis of source, the market can be segmented into:

• Organic
• Conventional

By type, the market has been divided into:

• Virgin
• Extra-Virgin
• Refined
• Others

Based on application, the market can be segmented into:

• Food and Beverage
• Cosmetics
• Pharmaceuticals
• Industrial
• Others

The market can be categorised based on distribution channel into:

• Supermarket and Hypermarket
• Convenience Store
• Online
• Others

The regional markets for India coconut oil include:

• North India
• East India
• West India
• South India

India Coconut Oil Market Trends

Coconut oil is used in the treatment of obesity, cancer, and heart disease, among others. In this regard, the increasing research and development activities in the pharmaceutical industry are likely to aid the market growth. Coconut oil is anticipated to witness high demand in biscuits, chocolates, ice creams, and confectionery products, owing to the thriving e-commerce industry in the emerging economies. Moreover, coconut oil is a crucial component in the manufacturing of soaps and moisturisers. Therefore, the growing expansion of the personal care industry, owing to rising disposable income and rapid urbanization, is likely to be a critical trend in the market.

Key Market Players

The major players in the market are:

  • Marico Limited
  • Dabur India Ltd.
  • Patanjali Ayurved Limited
  • Shalimar Chemical Works Private Ltd.
  • Nutiva Inc.
  • Davidsun Coconut Products (DCP)
  • Sri Sellandiamman Oil Mill
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.