Global Extra Virgin Coconut Oil Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Organic and Conventional.

By Packaging;

Metal Cans, Plastic Bottles, and Pouches.

By End Use;

B2B and B2C.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn795815594 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Extra Virgin Coconut Oil Market (USD Million), 2021 - 2031

In the year 2024, the Global Extra Virgin Coconut Oil Market was valued at USD 2,396.33 million. The size of this market is expected to increase to USD 3,560.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The global extra virgin coconut oil market has witnessed significant growth in recent years, driven by a surge in consumer awareness about the health benefits of coconut oil. Extra virgin coconut oil, known for its unrefined and natural extraction process, retains a higher nutritional value compared to other types of coconut oil. Its rich content of medium-chain triglycerides (MCTs), antioxidants, and essential fatty acids makes it a popular choice among health-conscious consumers. This growth is reflected in the increasing demand across various regions, as more people incorporate this oil into their diets and wellness routines.

One of the key factors contributing to the expansion of the extra virgin coconut oil market is the rising trend of natural and organic food products. Consumers are increasingly shifting away from processed and synthetic food items in favor of products perceived as natural and beneficial for health. Extra virgin coconut oil fits perfectly into this trend due to its minimal processing and numerous health benefits, including improved digestion, enhanced skin health, and better weight management. This shift is further supported by the growing influence of social media and health influencers advocating for the use of natural products.

In addition to consumer preferences, the extra virgin coconut oil market is experiencing growth due to its versatile applications. Beyond its use in cooking and baking, extra virgin coconut oil is a popular ingredient in the beauty and personal care industry. Its moisturizing properties make it a favored choice for skin care products, hair treatments, and cosmetic formulations. The oil's ability to act as a natural alternative to chemical-laden products has led to its inclusion in a wide range of personal care and beauty products, further driving market growth.

The market dynamics for extra virgin coconut oil are also shaped by geographical factors and supply chain developments. Major coconut-producing countries such as the Philippines, Indonesia, and India play a crucial role in meeting global demand. However, challenges such as climate change, supply chain disruptions, and fluctuating commodity prices can impact production and availability. Despite these challenges, innovations in production techniques and sustainability efforts are helping to stabilize the market and meet the increasing global demand for high-quality extra virgin coconut oil.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Packaging
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Extra Virgin Coconut Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Health Conscious Consumers
        2. Increasing Organic Product Demand
        3. Expanding Functional Food Applications
        4. Growing Natural Beauty Trends
      2. Restraints
        1. High Production Costs
        2. Price Volatility of Coconuts
        3. Limited Shelf Life
        4. Regulatory Challenges and Standards
      3. Opportunities
        1. Expanding Global Market Reach
        2. Innovations in Product Formats
        3. Growth in Vegan Products
        4. Rising E-commerce Channels
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Extra Virgin Coconut Oil Market, By Type, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    2. Global Extra Virgin Coconut Oil Market, By Packaging, 2021 - 2031 (USD Million)
      1. Metal Cans
      2. Plastic Bottles
      3. Pouches
    3. Global Extra Virgin Coconut Oil Market, By End Use, 2021 - 2031 (USD Million)
      1. B2B
      2. B2C
    4. Global Extra Virgin Coconut Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Coconut Country Living
      2. Nutiva
      3. Viva Naturals
      4. Kelapo
      5. Nature's Way
      6. Tropical Traditions
      7. Barlean’s
      8. Dr. Bronner’s
      9. Kirkland Signature
      10. Carlyle
  7. Analyst Views
  8. Future Outlook of the Market