Global ColdPressed Coconut Oil Market Is Expected To Generate $5.6 Billion By 2031: Allied Market Research
The growing demand for natural and organic products opens up opportunities to expand the global cold-pressed coconut oil market. The Covid-19 pandemic has negatively impacted the growth of the global cold-pressed coconut oil market. Regionally, North America accounted for the largest share in 2021, accounting for nearly half of the global cold-pressed coconut oil market.
Portland, Oregon, December. Sept. 9, 2022 (GLOBE NEWSWIRE) -- The global cold-pressed coconut oil market generated $2.8 billion in revenue in 2021 and is expected to reach $5.6 billion in 2021, according to a report released by Allied Market Research. dollars by 2031. The CAGR from 2022 to 2031 was 7.1%. This research provides valuable guidance to key players, investors, shareholders and startups in developing strategies for sustainable growth and competitive advantage in the marketplace.
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Report coverage and details:
Report coverage | Details |
Forecast time | 2022-2031 |
Foundation year | 2021 |
Market size in 2021 | $2.8 billion |
Market size in 2031 | $5.6 billion |
CAGR | 7.1% |
Number of pages in a report | 245 |
covered parts | Type, distribution channel, scope, price and region. |
Drivers | Cold pressed coconut oil is safer than freshly pressed coconut oil. |
It has better nutritional properties than refined oils. | |
Respect the environment | |
Capacity | Growing demand for natural and organic products. |
Restrictions | Poor productivity and coconut oil allergy among consumers |
Covid-19 status:
The Covid-19 pandemic has adversely affected the growth of the world chilled coconut oil market due to the imposition of a global lockdown which has resulted in the temporary shutdown of production and manufacturing facilities.
The global curfew has hit domestic and international production of cold-pressed coconut oil, hampering overall market growth.
The supply chain has been disrupted due to import and export restrictions. Manufacturers face labor shortages and raw material shortages.
However, with the easing of restrictions, the market soon recovered from the outbreak.
The study provides detailed information on the global Cold-Pressed Coconut Oil market by type, application, marketing channel, price, and region. In the report, the parts and their components are analyzed in detail using tables and figures. Market participants and investors can develop a strategy based on the fastest growing high-income segments mentioned in the report.
Depending on the type, the RBD coconut oil segment will account for the largest share in 2021, accounting for more than two-thirds of the global cold-pressed coconut oil market, and is expected to maintain its lead over the forecast period. However, the virgin coconut oil segment is projected to experience the highest CAGR of 8.4% between 2022 and 2031.
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By distribution channel, the commercial advanced components segment will account for nearly half of the global cold-pressed coconut oil market by 2021 and is expected to maintain its leading position throughout the forecast period. However, the online commerce segment is estimated to grow at the highest CAGR of 9.6% over the forecast period.
According to the report, the food processing segment accounted for the largest share and half of the global cold-pressed coconut oil market in 2021 and is expected to continue to drive the revenue during the forecast period. Furthermore, the same segment is also expected to experience the highest CAGR of 8.1% from 2022 to 2031.
Regionally, North America accounted for the largest share of the global cold-pressed coconut oil market in 2021, nearly half, and is projected to dominate the revenue by 2031. Additionally, the Asia-Pacific region is expected to record the fastest CAGR of 8.2% over the forecast period.
Major players in the global cold-pressed coconut oil market analyzed in the study include Archer-Daniels-Midland Company (ADM), Bunge Limited, Cargill Inc., China Agri-Industries Holdings Limited, FreshMill Oils, Lala Jagdish Prasad & Company . (Lala Group), Multi Technology (Gramium), Nissan Trading, Stratford Oil Limited and Wilmar International Ltd.
The report provides an in-depth analysis of these key players in the global Cold Pressed Coconut Oil market. These players have adopted various strategies such as new product introductions, cooperation, expansion, joint ventures, agreements and others to increase their market share and maintain their dominance in various regions. The report highlights the company size, operating segments, product portfolios, and strategic moves by market participants to reveal the competitive landscape.
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about us
Allied Market Research (AMR) is a full-service business consulting and market research division of Allied Analytics LLP headquartered in Portland, Oregon. Allied Market Research provides global companies and SMBs with unmatched market research reports and business intelligence solutions. AMR has a unique business intelligence and consulting vision to help clients make strategic business decisions and achieve sustainable growth in their respective markets.
We maintain professional business relationships with various companies and this helps us to create accurate research data tables and extract market data, which ensures the highest accuracy of our market forecasts. Pawan Kumar, CEO of Allied Market Research, encourages and motivates everyone associated with the company to maintain high data quality and help its clients succeed in every way. All information presented in our published reports is obtained from personal interviews with the leaders of large companies in the relevant sector. Our secondary data collection method includes extensive online and offline research and discussions with industry experts and analysts.
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