new competitive coconut oil production line

                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
  • How competitive is the global coconut oil market?
  • The global coconut oil market is highly competitive in nature with key companies adopting different strategies such as product development, expansion of production capacity, and investment in advanced processing technologies.
  • How big is the coconut oil market?
  • The coconut oil market size was valued at $3,440.00 million in 2020 and is estimated to reach $7,390.20 million by 2030, registering a CAGR of 5.1% from 2021 to 2030. Increase in awareness regarding various benefits of coconut oil as compared to synthetic counterparts has resulted in an upsurge in the demand for coconut oil over the past few years.
  • What is the growth rate of coconut oil market in 2033?
  • The global market is anticipated to capture a CAGR of 7% by 2033. The increasing demand for coconut oil in various industries such as food & beverages and cosmetics & personal care is driving the global market. The adoption of coconut oil is increasing among consumers due to multiple health benefits and better tastes.
  • How much coconut oil is exported to the global market?
  • The country shipped 663,644 MT of coconut oil to the global market, signifying a 7.3% increase compared to the previous year's volume. However, despite the uptick in export volume, export earnings decreased from US$1.02 billion to US$664.2 million, reflecting a lower unit price of the oil.