Report Description
Virgin coconut oil is referred to oil which is derived from the fresh meat or kernel of mature coconut. In case of conventional coconut oil, dried copra of coconut is used instead of fresh meat. Further, organic virgin coconut oil is produced from the certified organic farms. Also, the process of virgin coconut oil production must be certified in order to be known as "organic". The global market for organic virgin coconut oil has witnessed continued demand during the last few years and is projected to reach USD 1.28 billion at a CAGR of 10.98% by 2022. Diverse application of virgin coconut oil in various industries owing to its nutritional value is likely to drive its market globally. Increasing demand of virgin coconut oil based on its application in personal care products and healthcare products is projected to propel the growth of this market. Increasing production of virgin coconut oil in the Philippines and Indonesia is influencing the market growth since the last few years.
Asia Pacific will dominate the organic virgin coconut oil market (in terms of value and volume both) with more than 90% of the market share and it is estimates more than USD 660 million in the year 2016. Production of organic virgin coconut oil from America is projected witness a high growth rate of 15.33% during the given period owing to rising production capacity of organic virgin coconut oil in various Mexico and Venezuela. Rising demand for organic food ingredients has also been playing a key role in the growth of the global organic virgin coconut oil market from last few years. Furthermore, high demand for healthy chemical-free food essence has increased the sale of organic virgin coconut oil on the global level owing to its unadulterated nature.
On the basis of application, personal care products will dominate the market and is projected to hold a lion's share of more than 45% in the global market. Diverse application of coconut oil in skin and hair care products is supporting the escalating share of organic virgin coconut oil based on its high nutritional value than the conventional coconut oil.
Rising health consciousness and increasing awareness about organic and natural food ingredients among the consumers is one of the major drivers of organic virgin coconut oil market. Organic virgin coconut oil in its pure, chemical free form helps in boosting the body's immune system and also promotes functioning of a healthy body which has encouraged key players to introduce more health care products by using virgin coconut oil.
Key Players
Some of the leading players in the global organic virgin coconut oil market are: Nutiva, Inc. (U.S.), Celebes Coconut Corporation (the Philippines), Greenville Agro Corporation (the Philippines), Earth Born Co.,Ltd. (Thailand), Vita Coco (U.S.), Farm Direct Coconuts (U.S.), Parker Biotech Private Ltd (India)

Target Audience
> Organic virgin coconut oil manufacturers
> Personal care product manufacturers
> Pharmaceutical Industry
> Retailers and wholesalers
> Traders, importers and exporters


Key Findings
> Global organic virgin coconut oil market is projected to reach USD 1.28 billion by 2022 at a growth rate of 10.98%
> America will experience the highest growth at a rate of 15.33% during the given forecast period
> Application of organic virgin coconut oil in health care sector is projected to have a high growth rate of 5.14%


Regional and Country Analysis of Organic Virgin Coconut Oil market Development and the Demand Forecast till 2022 Market
As per the MRFR analysis, the global market for organic virgin coconut oil has been witnessing continued demand during the forecast period owning to rising population of consumers adopting organic and healthy food consumption trends. In terms of value and volume both, Asia Pacific is estimated to dominate the organic virgin coconut oil market holding the lion's share of more than 90%. Also, Africa will hold the second largest share in the global organic virgin coconut oil market and is projected to grow at a rate of 14.4%
The reports also cover country level analysis:
> America
o Brazil
o Ecuador
o El Salvador
o Guyana
o Mexico
o Venezuela
o Suriname
> Asia Pacific
o Bangladesh
o Cambodia
o India
o Indonesia
o Malaysia
o Pakistan
o Philippines
o Sri Lanka
o Thailand
o Viet Nam

> Africa
o Benin
o Comoros
o Côte d'Ivoire
o Ghana
o Guinea
o Guinea-Bissau
o Kenya
o Madagascar
o Mozambique
o Nigeria
o Togo
o Tanzania

> RoW
o Dominican Republic
o Fiji
o French Polynesia
o Jamaica
o Kiribati
o Micronesia
o Papua New Guinea
o Samoa
o Solomon Islands
o Tonga
o Trinidad and Tobago
o Vanuatu

DC Description-
virgin coconut oil, coconut oil, organic coconut oil, extra virgin coconut oil, pure coconut oil, cold pressed coconut oil, organic virgin coconut oil, raw coconut oil, unrefined coconut oil