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Report
India Coconut Oil Market Report and Forecast 2024-2032
Market Report I 2023-12-28 I 152 Pages I EMR Inc.
India Coconut Oil Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the India coconut oil market is projected to grow at a CAGR of 7.50% between 2024 and 2032. Aided by the soaring demand for natural and organic personal care products, along with its extensive applications in the food sector, the market is expected to grow significantly by 2032.
Coconut oil, extracted from the kernel or meat of mature coconuts, is renowned for its diverse applications in cooking, skincare, haircare, and various health remedies. The oil, abundant in saturated fats and medium-chain fatty acids, is lauded for its nutritional and therapeutic properties. Besides its culinary uses, coconut oil is increasingly being integrated into cosmetic formulations, pharmaceuticals, and as a health supplement.
The surging demand for natural and organic personal care products is a major factor fuelling the India coconut oil market growth. As consumers become more health-conscious and aware of the benefits of natural ingredients, there has been a significant tilt towards products containing organic and minimally processed ingredients, such as virgin coconut oil. This trend is prominently driving the market, especially in the cosmetics and skincare sectors, where coconut oil is prized for its moisturising and nourishing properties.
According to the India coconut oil market analysis, the expanding food and beverage industry in India presents vast opportunities for the coconut oil market. The oil's unique flavour profile and health benefits make it a preferred choice for cooking and food processing. In addition, the growing popularity of keto and other low-carb diets has elevated the demand for coconut oil, attributed to its high content of medium-chain triglycerides (MCTs), which are touted for their weight management and energy-boosting properties.
The pharmaceutical industry in India also contributes significantly to the India coconut oil market growth. With its anti-inflammatory, antimicrobial, and antioxidant properties, coconut oil is increasingly being incorporated into various medicinal and therapeutic formulations. This integration not only taps into the health-conscious consumer segment but also propels innovation and research in the field of natural pharmaceuticals.
Another noteworthy aspect influencing the India coconut oil market outlook is the escalating demand for plant-based and vegan products. As consumers increasingly adopt plant-based diets for health, ethical, and environmental reasons, coconut oil has emerged as a versatile and sustainable alternative to animal-based fats and oils. This trend is particularly evident in the burgeoning vegan food sector, where coconut oil is used to replicate the texture and flavour of dairy-based products like cheese and butter.
Market Segmentation
The market can be divided based on source, type, application, distribution channel, and region.
Market Breakup by Source
- Organic
- Conventional
Market Breakup by Type
- Virgin
- Extra Virgin
- Refined
- Others
Market Breakup by Application
- Food and Beverage
- Cosmetics
- Pharmaceuticals
- Industrial
- Others
Market Breakup by Distribution Channel
- Supermarket and Hypermarket
- Convenience Store
- Online
- Others
Market Breakup by Region
- North India
- East and Central India
- West India
- South India
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the India coconut oil market. Some of the major players explored in the report by Expert Market Research are as follows:
- Cocoguru Coconut Industries Private Limited
- Sri Sellandiamman Oil Mill
- Marico Limited
- Patanjali Ayurved Limited
- Forest Essentials
- Kama Ayurveda Pvt. Ltd.
- Mahavir Coconut Industries
- Dabur Ltd
- Organic India Private Limited
- Kayal Agro Foods
- Shalimar Chemical Works Private Ltd
- Old Goa Oils and Foods Private Limited
- JSP FOODS
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Coconut Oil Market Overview
8.1 Key Industry Highlights
8.2 Global Coconut Oil Historical Market (2018-2023)
8.3 Global Coconut Oil Market Forecast (2024-2032)
8.4 Global Coconut Oil Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 India Coconut Oil Market Overview
9.1 Key Industry Highlights
9.2 India Coconut Oil Historical Market (2018-2023)
9.3 India Coconut Oil Market Forecast (2024-2032)
10 India Coconut Oil Market by Source
10.1 Organic
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Conventional
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 India Coconut Oil Market by Type
11.1 Virgin
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Extra Virgin
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Refined
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 India Coconut Oil Market by Application
12.1 Food and Beverage
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Cosmetics
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Pharmaceuticals
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Industrial
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 India Coconut Oil Market by Distribution Channel
13.1 Supermarket and Hypermarket
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Convenience Store
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Online
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 India Coconut Oil Market by Region
14.1 North India
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 East and Central India
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 West India
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 South India
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter's Five Forces Analysis
15.2.1 Supplier's Power
15.2.2 Buyer's Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Value Chain Analysis
17 Trade Data Analysis (HS Code - 151311 and 151319)
17.1 Major Importing Countries
17.1.1 By Volume
17.1.2 By Value
17.2 Major Exporting Countries
17.2.1 By Volume
17.2.2 By Value
18 Price Analysis
19 Competitive Landscape
19.1 Market Structure
19.2 Company Profiles
19.2.1 Cocoguru Coconut Industries Private Limited
19.2.1.1 Company Overview
19.2.1.2 Product Portfolio
19.2.1.3 Demographic Reach and Achievements
19.2.1.4 Certifications
19.2.2 Sri Sellandiamman Oil Mill
19.2.2.1 Company Overview
19.2.2.2 Product Portfolio
19.2.2.3 Demographic Reach and Achievements
19.2.2.4 Certifications
19.2.3 Marico Limited
19.2.3.1 Company Overview
19.2.3.2 Product Portfolio
19.2.3.3 Demographic Reach and Achievements
19.2.3.4 Certifications
19.2.4 Patanjali Ayurved Limited
19.2.4.1 Company Overview
19.2.4.2 Product Portfolio
19.2.4.3 Demographic Reach and Achievements
19.2.4.4 Certifications
19.2.5 Forest Essentials
19.2.5.1 Company Overview
19.2.5.2 Product Portfolio
19.2.5.3 Demographic Reach and Achievements
19.2.5.4 Certifications
19.2.6 Kama Ayurveda Pvt. Ltd.
19.2.6.1 Company Overview
19.2.6.2 Product Portfolio
19.2.6.3 Demographic Reach and Achievements
19.2.6.4 Certifications
19.2.7 Mahavir Coconut Industries
19.2.7.1 Company Overview
19.2.7.2 Product Portfolio
19.2.7.3 Demographic Reach and Achievements
19.2.7.4 Certifications
19.2.8 Dabur Ltd
19.2.8.1 Company Overview
19.2.8.2 Product Portfolio
19.2.8.3 Demographic Reach and Achievements
19.2.8.4 Certifications
19.2.9 Organic India Private Limited
19.2.9.1 Company Overview
19.2.9.2 Product Portfolio
19.2.9.3 Demographic Reach and Achievements
19.2.9.4 Certifications
19.2.10 Kayal Agro Foods
19.2.10.1 Company Overview
19.2.10.2 Product Portfolio
19.2.10.3 Demographic Reach and Achievements
19.2.10.4 Certifications
19.2.11 Shalimar Chemical Works Private Ltd
19.2.11.1 Company Overview
19.2.11.2 Product Portfolio
19.2.11.3 Demographic Reach and Achievements
19.2.11.4 Certifications
19.2.12 Old Goa Oils and Foods Private Limited
19.2.12.1 Company Overview
19.2.12.2 Product Portfolio
19.2.12.3 Demographic Reach and Achievements
19.2.12.4 Certifications
19.2.13 JSP FOODS
19.2.13.1 Company Overview
19.2.13.2 Product Portfolio
19.2.13.3 Demographic Reach and Achievements
19.2.13.4 Certifications
19.2.14 Others
20 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Coconut Oil Market: Key Industry Highlights, 2018 and 2032
2. India Coconut Oil Market: Key Industry Highlights, 2018 and 2032
3. India Coconut Oil Historical Market: Breakup by Source (USD Million), 2018-2023
4. India Coconut Oil Market Forecast: Breakup by Source (USD Million), 2024-2032
5. India Coconut Oil Historical Market: Breakup by Type (USD Million), 2018-2023
6. India Coconut Oil Market Forecast: Breakup by Type (USD Million), 2024-2032
7. India Coconut Oil Historical Market: Breakup by Application (USD Million), 2018-2023
8. India Coconut Oil Market Forecast: Breakup by Application (USD Million), 2024-2032
9. India Coconut Oil Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10. India Coconut Oil Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11. India Coconut Oil Historical Market: Breakup by Region (USD Million), 2018-2023
12. India Coconut Oil Market Forecast: Breakup by Region (USD Million), 2024-2032
13. Major Importing Countries by Volume
14. Major Exporting Countries by Volume
15. Major Importing Countries by Value
16. Major Exporting Countries by Value
17. India Coconut Oil Market Structure
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