Yashi Vaidya
The global organic virgin coconut oil market was valued at USD 514.8 Million in 2019 and is projected to reach USD 814.2 Million by 2027 expanding at a CAGR of 6.2% during the forecast period, 2020-2027. Increasing awareness regarding healthy eating habits and growing preference for organic food beverage products are projected to boost the expansion of the global market. Additionally, high prevalence of obesity is a boosting the consumption of organic virgin coconut oil. The oil contains healthy fatty acids that help burn the stored fat in the human body, resulting in weight loss. Rising urbanization and industrialization are boosting wealth, as people are investing more in premium products and increasing the adoption of organic virgin coconut oil, thereby propelling the market. Urbanization has a significant impact on the supply chain of any product or commodity which brings about substantial developments, which is expected to drive the demand for organic virgin coconut oil.
Organic virgin coconut oil (VCO), when compared to refined, bleached, and deodorized (RBD) coconut oil looks similar in the liquid form. However, in the solid form, organic VCO is pure white application; whereas RBD coconut oil ranges from white to light yellow color. In terms of composition, both do not differ much, although organic VCO includes some polyphenols, vitamins, and minerals that contributes toward the fragrance, taste, goodness of the oil than its counterpart.
Growing consumption of organic virgin coconut oil is attributed with several health and beauty benefits associated with it. The oil is widely used in a range of things products used for cooking, cleaning, and moisturizing. It is used to improve the health and condition of their hair. The use of virgin coconut oil for hair helps reduce of protein loss from the hair, thus improving its health. The oil is predominantly from a medium-chain fatty acid called lauric acid, which gives the oil a straight structure and increases absorption into the hair shaft. Growing awareness regarding these benefits drives the market. Other benefits such as injection of good cholesterols and weight loss are expected to boost the market. The organic virgin coconut oil is also to combat bacterial and viral infections. The oil deactivates the viruses and prevents it from further growth.
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Key Benefits for Industry Participants & Stakeholders
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In-depth Analysis of the Global Organic Virgin Coconut Oil Market
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Historical, Current and Projected Market Size in terms of Value and Volume
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Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
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Industry Drivers, Restraints and Opportunities Covered in the Study
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Recent Industry Trends and Developments
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Competitive Landscape & Strategies of Key Players
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Neutral Perspective on Global Organic Virgin Coconut Oil Market Performance
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Yashi Vaidya
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A new report on the global organic virgin coconut oil market analysis, published by Market Research Future (MRFR), infers that this market could notice a surge at 10. Key PlayersBig players in the global organic virgin coconut oil market include Celebes Coconut Corporation (the Philippines), Earth Born Co. The main reason for the higher growth of personal care products segment compared to other segments includes, diverse application of coconut oil in skin and hair care products as organic virgin coconut oil has higher nutritional value compared to conventional coconut oil. 33% CAGR due to the rising production capacity of organic virgin coconut oil in Mexico and Venezuela. In Africa, the production of organic virgin coconut oil is high due to the availability of natural resources.
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Other key reasons for the increasing growth of the Virgin Coconut Oil Market Share include the expansion of product development as well as research improvements. As a result, the global Virgin Coconut Oil Market is predicted to develop significantly throughout the forecast period, owing to shifting customer preferences. The growth of natural virgin coconut oil in Asia-Pacific is being driven by a strong preference for virgin coconut oil in culinary applications, as well as a growing awareness of natural products. North America, like the rest of the world, has a lot to offer in terms of genuine virgin coconut oil. The natural virgin coconut oil sector is being influenced by the growing interest in natural fixings among Europeans.
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Coldpressed coconut oil is natural hair treatment for deep nourishment of hair. ✅STIMULATES HAIR GROWTH: Coconut oil is a natural hair conditioner and promotes hair growth. The high fat content in coconut oil helps to relieve scalp irritation, flaking and itching. ✅BOOSTS CONDITIONER PERFORMANCE:Coconut oil makes conditioner more conditioning. ✅SUITABLE FOR: Rey Naturals Coconut Oil is suitable for all hair types.
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Cold-pressed coconut oilCold-pressed coconut oil is a type of coconut oil that is extracted from the meat of mature coconuts without the use of heat or chemicals. Virgin coconut oilVirgin coconut oil is another type of coconut oil that is extracted from fresh coconut meat without the use of high heat or chemicals. Like cold-pressed coconut oil, virgin coconut oil is also rich in medium-chain triglycerides (MCTs) and antioxidants. Hydrogenated coconut oil: Hydrogenated coconut oil is produced by adding hydrogen to liquid coconut oil to solidify it and increase its shelf life. Fractionated coconut oil: Fractionated coconut oil is a form of coconut oil that has been processed to remove most of the long-chain fatty acids.
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The critical determinant driving the advancement of the overall Virgin Coconut Oil Market is the flooding interest for virgin coconut oil for different valuable purposes at home or in business. The creating interest among customers toward virgin coconut oil over more grounded than refined coconut oil, as it is procured through expeller-crushing, is furthermore catalyzing the usage of virgin coconut oil across the globe. Accordingly, high Virgin Coconut Oil Market is depended upon to hamper the market advancement, especially in agrarian countries. In addition, creating understanding about virgin coconut oil being more grounded than various oils among everyone in made and making economies is further empowering the advancement of the overall Virgin Coconut Oil Market. The creating interest for virgin coconut oil than refined coconut oil all over is pushing the market for its development.
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Other key reasons for the increasing growth of the virgin coconut oil market include the expansion of product development as well as research improvements. The global coconut oil market has been segmented into Beauty and Cosmetics, Food and Beverages, Pharmaceuticals, and Others, based on application. The growth of natural virgin coconut oil in Asia-Pacific is being driven by a strong preference for virgin coconut oil in culinary applications, as well as a growing awareness of natural products. North America, like the rest of the world, has a lot to offer in terms of genuine virgin coconut oil. The natural virgin coconut oil sector is being influenced by the growing interest in natural fixings among Europeans.
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