Get the latest insights on price movement and trend analysis of Crude Coconut Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Organic Virgin Coconut Oil Market Outlook

According to our latest research, the global organic virgin coconut oil market size reached USD 1.62 billion in 2024, demonstrating robust expansion due to increasing consumer preference for natural and organic products. The market is projected to grow at a CAGR of 8.7% from 2025 to 2033, reaching a forecasted value of USD 3.47 billion by 2033. The primary growth factors driving this market include heightened awareness of health and wellness, the rise in demand for clean-label ingredients, and the expanding applications of organic virgin coconut oil across diverse industries such as food & beverages, cosmetics & personal care, and pharmaceuticals.

The growing consumer inclination towards healthier lifestyles has been a significant catalyst in the organic virgin coconut oil market. Consumers are increasingly seeking products that are minimally processed, chemical-free, and derived from sustainable sources. Organic virgin coconut oil, extracted from fresh coconut meat without the use of chemicals or high temperatures, fits these criteria perfectly. Its rich nutritional profile, including medium-chain triglycerides (MCTs), antioxidants, and lauric acid, has contributed to its popularity as a superfood. Moreover, the product’s perceived benefits for heart health, weight management, and immune support have further fueled its adoption, especially among health-conscious demographics in developed and emerging markets alike.

Another key driver for the organic virgin coconut oil market is the surge in demand from the cosmetics and personal care industry. As consumers become more aware of the potential adverse effects of synthetic chemicals in skincare and haircare products, there is a marked shift towards natural and organic alternatives. Organic virgin coconut oil is widely recognized for its moisturizing, anti-inflammatory, and antimicrobial properties, making it a preferred ingredient in formulations for lotions, creams, shampoos, conditioners, and other personal care products. The global trend towards “clean beauty” and the increasing popularity of do-it-yourself (DIY) beauty regimens have further amplified demand, as consumers seek versatile and effective natural oils for their daily routines.

The food and beverage sector also plays a pivotal role in propelling the organic virgin coconut oil market forward. As plant-based diets and vegan lifestyles gain traction, organic virgin coconut oil has emerged as a popular alternative to traditional cooking oils and fats. Its unique flavor, high smoke point, and nutritional advantages make it suitable for a variety of culinary applications, including baking, frying, and salad dressings. Additionally, the growing prevalence of gluten-free and allergen-friendly diets has led manufacturers to incorporate organic virgin coconut oil into a wide range of packaged foods, snacks, and health supplements. This diversification of applications is expected to sustain the market’s growth momentum over the forecast period.

Regionally, the Asia Pacific region dominates the organic virgin coconut oil market, accounting for the largest share in 2024, followed by North America and Europe. The Asia Pacific’s dominance is underpinned by abundant coconut cultivation, a strong tradition of coconut oil usage, and the presence of leading manufacturers. North America and Europe are witnessing rapid growth, driven by rising health consciousness, increasing disposable incomes, and a growing preference for organic and sustainable products. Latin America and the Middle East & Africa are also emerging as promising markets, supported by expanding distribution networks and heightened awareness campaigns. This regional diversity underscores the global appeal and growth potential of organic virgin coconut oil.

Product Type Analysis

The product type segment of the organic virgin coconut oil market is categorized into cold pressed, centrifuged, expeller-pressed, and others. Among these, the cold pressed segment held th

In Q1 2025, the North American Coconut Oil market experienced fluctuating prices, influenced by variable supply-side conditions, shifting demand trends, and broader macroeconomic factors. January began with relatively high prices, reflecting the residual impact of late-2024 supply disruptions and elevated procurement activity from the food, pharmaceutical, and cosmetics sectors. Tight inventory levels, coupled with continued shipping delays from Southeast Asia and weather-related crop concerns, maintained pressure on supply chains, contributing to firm pricing sentiment.

Organic Coconut Oil Market Outlook

The global organic coconut oil market size is expected to grow from USD 2.5 billion in 2023 to USD 4.6 billion by 2032, at a compound annual growth rate (CAGR) of 7.1%. This growth can be attributed to increasing consumer awareness of the health benefits associated with organic coconut oil. In recent years, there has been a significant shift towards organic and natural products due to rising health consciousness among consumers. This trend is anticipated to drive the market's expansion over the forecast period.

One of the primary growth factors for the organic coconut oil market is the rising consumer preference for chemical-free and natural food ingredients. In an era where lifestyle diseases and health issues are on the rise, consumers are becoming more cautious about their dietary choices. Organic coconut oil is known for its myriad health benefits, including improved digestion, enhanced immunity, and better cardiovascular health. These attributes make it a sought-after product in both urban and rural settings, further propelling its demand globally.

Another significant factor contributing to the market growth is the increasing application of organic coconut oil in various industries such as cosmetics and pharmaceuticals. The cosmetic industry, in particular, has seen a surge in the use of organic coconut oil in products like hair conditioners, skin moisturizers, and anti-aging creams. The oil's natural antioxidant properties make it an ideal ingredient for skin and hair care products. Similarly, the pharmaceutical industry is leveraging the antimicrobial and anti-inflammatory properties of organic coconut oil in the formulation of various medications and supplements.

The growing e-commerce sector is also playing a crucial role in boosting the organic coconut oil market. The convenience of online shopping, coupled with the availability of a wide range of products, has made it easier for consumers to access organic coconut oil. Online platforms offer detailed product descriptions, customer reviews, and competitive pricing, which have contributed to higher sales. Additionally, the rise of specialty stores that focus on organic and natural products is further aiding market growth. These stores provide a targeted shopping experience, catering to the specific needs of health-conscious consumers.

Extra Virgin Coconut Oil has gained significant popularity among health enthusiasts due to its unrefined nature and high nutritional content. This type of coconut oil is extracted from fresh coconut milk without the use of heat, preserving its natural aroma and beneficial compounds. Known for its purity, Extra Virgin Coconut Oil is rich in medium-chain triglycerides (MCTs), which are believed to support weight management and enhance energy levels. Its application extends beyond culinary uses, as it is also a preferred choice in skincare and haircare routines, owing to its moisturizing and nourishing properties. The growing consumer inclination towards organic and minimally processed products is further boosting the demand for Extra Virgin Coconut Oil in the global market.

Regionally, Asia Pacific is expected to dominate the organic coconut oil market due to the abundance of coconut plantations and the traditional use of coconut oil in various culinary and medicinal applications. North America and Europe are also significant markets, driven by the high demand for organic and natural products. The Middle East & Africa and Latin America regions are anticipated to witness moderate growth, supported by increasing awareness and rising disposable incomes. Each of these regions presents unique opportunities and challenges, shaping the global market dynamics.

Product Type Analysis

The organic coconut oil market is segmented into two primary product types: virgin coconut oil and refined coconut oil. Virgin coconut oil is extracted from fresh coconut milk without the use of heat, thereby retaining its natural aroma and nutritional value. This type of oil is particularly popular among health-conscious consumers who prefer minimally processed products. Virgin coconut oil is known for its purity and is often used in cooking, skincare, and hair care products. Its high antioxidant content and antimicrobial properties make it an essential component in various health and wellness applications.

Refined coconut oil, on the other hand, is made from dried coconut meat, also know

Get comprehensive insights into the Virgin Coconut Oil market, with a focused analysis of the Virgin Coconut Oil price trend across Asia, Europe, North America, Latin America, and the Middle East Africa.

This statistic depicts the average annual prices for coconut oil from 2014 through 2026*. In 2024, the average price for coconut oil stood at 1,519 nominal U.S. dollars per metric ton.

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Virgin Coconut Oil Market Size 2024-2028

The virgin coconut oil market size is forecast to increase by USD 1.25 billion, at a CAGR of 11.14% between 2023 and 2028.

In the dynamic market, the primary driver is the growing recognition of its numerous health benefits. This natural oil, derived from fresh and raw coconuts, is increasingly sought after for its potential role in promoting heart health, enhancing skin care, and boosting immunity. As consumers become more health-conscious, the demand for virgin coconut oil continues to surge. The market is experiencing significant growth due to the numerous health benefits associated with this oil. Its rich content of medium-chain triglycerides, antioxidants, and other essential fatty acids make it a popular choice for consumers seeking a healthier alternative to other cooking oils. However, the market faces a significant challenge in the form of the complexity involved in sourcing tender coconuts. The production of virgin coconut oil relies heavily on the quality of the raw material, making the sourcing process a critical factor in ensuring product quality and consistency.
This intricacy adds to the overall production costs and can impact the competitiveness of market players. Companies seeking to capitalize on the market opportunities must navigate this challenge effectively, focusing on sustainable sourcing strategies and establishing strong relationships with reliable suppliers. By doing so, they can secure a steady supply of high-quality raw materials, ensuring the production of premium virgin coconut oil that caters to the evolving consumer demand.

What will be the Size of the Virgin Coconut Oil Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, driven by the versatility and wide-ranging applications of this natural product. Unrefined coconut oil, with its distinct flavor and aroma, is gaining popularity in the baking sector as a healthier alternative to traditional cooking oils. Simultaneously, coconut oil processing techniques, such as cold-pressed extraction and refining, are advancing to meet the demands of various industries. Coconut oil's antimicrobial properties have led to its integration into various sectors, including healthcare and personal care. Organic coconut oil is increasingly preferred in the production of antioxidant-rich haircare products, while regulations continue to shape the market landscape. Coconut oil's stability, with its unique composition of saturated fats, makes it an ideal choice for frying and as a base for various skincare products.

However, issues surrounding coconut oil rancidity and price fluctuations remain key challenges for market participants. The market dynamics of coconut oil are shaped by ongoing research into its health benefits, including its potential role in weight management, cardiovascular health, and anti-inflammatory properties. The sustainability of coconut oil production is also a growing concern, with efforts to promote sustainable practices and reduce the environmental impact of production. In the ever-changing landscape of the coconut oil market, players must adapt to emerging trends and shifting consumer preferences while navigating regulatory requirements and maintaining product quality. The market's continuous evolution underscores the importance of staying informed and agile in this dynamic industry.

How is this Virgin Coconut Oil Industry segmented?

The virgin coconut oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.ApplicationOrganicConventionalDistribution ChannelOfflineOnlinePackagingPlastic BottlesGlass JarsPouchesMetal CansGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanThe PhilippinesSouth AmericaArgentinaBrazilRest of World (ROW)

By Application Insights

The organic segment is estimated to witness significant growth during the forecast period.

The organic segment in the market is experiencing notable growth due to the increasing consumer preference for natural and organic products. Derived from organically grown coconuts, organic virgin coconut oil is produced using natural farming practices, eschewing synthetic fertilizers, pesticides, herbicides, and genetically modified organisms (GMOs). This higher quality oil is linked to numerous health benefits and is in high demand. The primary catalyst for the expansion of the organic segment is the heightened consumer consciousness regarding the detrimental effects of chemically-laden products. Coconut oil, a versatile cooking oil, holds a significant place in various indu

Global Virgin Coconut Oil market was valued at USD 903.42 million in 2024 and is expected to grow to USD 1,466.78 million by 2030 with a CAGR of 8.47% during the forecast period.

The global organic virgin coconut oil market was valued at USD 8.73 billion in 2025 and is expected to reach USD 18.14 billion by 2033, growing at a CAGR of 7.36% during the forecast period. The increasing demand for organic and natural products due to growing health consciousness and rising disposable income is driving the growth of the market. Furthermore, the rising popularity of coconut oil as a substitute for butter and other dairy products in various cuisines is also contributing to the market growth. Key market players include Barlean's (US), Hain Celestial Group (US), Nutiva Inc. (US), Carrington Farms (US), La Tourangelle (US), Celebes Coconut Corporation (Philippines), Greenville Agro Corporation (Philippines), SC Global Coco Products, Inc (Philippines), Naturoca (Indonesia), Farmerindia (India), Viva Naturals (Canada), Garden of Life LLC (US), and Jarrow Formulas, Inc. (US). Recent developments include: In April 2021, NUTIVA a US-based global leader in Organic products launched a new Range of Organic virgin coconut oils named, Nutiva Organic Liquid Coconut Oils, to strengthen its coconut oil portfolio., Intended Audience, This report will be beneficial for every stakeholder of the Organic virgin coconut oil market such as:. Potential restraints include: NEGATIVE IMPACTS ASSOCIATED WITH USED COOKING OIL 33, RESTRAINT IMPACT ANALYSIS 34. Notable trends are: Growing consumer awareness regarding natural food flavors to boost the market growth.

The North America Extra Virgin Coconut Oil Market would witness market growth of 8.0% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 203.88 hundred tonnes, showcasing a growth of 13.2% (2020-2023). In the B2B (business-to-business) segmen

According to Cognitive Market Research, the Global Virgin Coconut Oil Market Size will be USD XX Billion in 2023 and is set to achieve a market size of USD XX Billion by the end of 2033 growing at a CAGR of XX% from 2024 to 2033

North America held largest share of XX% in the year 2024 
Europe held share of XX% in the year 2024 
Asia-Pacific held significant share of XX% in the year 2024 
South America held significant share of XX% in the year 2024
Middle East and Africa held significant share of XX% in the year 2024 

Market Dynamics of Global Virgin Coconut oil

Key Driver of Virgin Coconut Oil Market

Growing health consciousness and awareness about dietary considerations is driving the virgin coconut oil market

Growing health awareness among consumers has immensely driven market CAGR for virgin coconut oil. Several health benefits associated with virgin coconut oil have fueled its growing usage in medical consumables and pharmaceutical products to maintain good health. virgin coconut oil contains healthy fatty acids and is rich in vitamins, minerals, and antioxidants. The type of product has been said to be picking up as a nutraceutical supplement globally, as well as growing popularity among healthy individuals. Other than that, it is also utilized in the pharmaceutical industry, especially by diabetic patients, because it helps in the effective utilization of blood sugar. Moreover, with the growing demand for functional foods, virgin coconut oil has been a sought-after substitute because of its strong flavor and delicate aroma. It has become trendy in some popular diets like keto and paleo. Increased consumer knowledge about proper nutrition and regular physical exercise has also impacted their food choices, as selecting healthy cooking oil makes a difference in providing additional benefits. Consequently, this oil has started getting consumer attention as functional oil. Consumer demand for functional foods is also expected to spur the market. Additionally, individuals today are only interested in having the best possible hair and skin care. Females are the major buyers of beauty and personal care products across the globe. Over the last few years, customers' preferences have shifted towards natural products away from synthetic chemical products. For instance, as per the International Diabetes Federation (IDF), in 2021, there were about 463 million adults with diabetes, which has a huge growth prospect for the virgin coconut oil industry. Thus, the market for coconut oil is expected to grow in the forecast period as there is a rise in the consumption of organic and natural products. Social media platforms play a major role in the adoption of organic products. The manufacturers are concentrating on color cosmetics and fragrances, while natural cosmetics for hair care and skin care still influence growth objectives. Furthermore, for instance, virgin coconut oil is often marketed for its potential health benefits such as weight management, improved cholesterol levels, and antioxidant properties. It is considered a healthier alternative to other cooking oils due to its high medium-chain triglycerides (MCTs) content, which are believed to support metabolism. In recent years, global sales of virgin coconut oil have been rising.and it continues to experience growth in various regions, particularly in North America, Europe, and Asia-Pacific. This trend is driven by consumers' increasing preference for natural and organic products, as well as a shift toward plant-based diets and products with perceived health benefits. Moreover, for instance, in the Philippines, one of the largest producers of virgin coconut oil, production has increased substantially to meet both local and international demand. The market is also bolstered by increasing consumer interest in personal care products, where virgin coconut oil is used for skin and hair treatments. This market growth is further amplified by the rise in consumer awareness of the importance of healthier fats, as well as increased education on the potential anti-inflammatory and antimicrobial properties of virgin coconut oil.

Government initiatives to promote coconut processing and coconut oil manufacture is driving the market 

Considering the increase in awareness amongst consumers around the goodness of coconut and its products, Coconut Processing Industries are experiencing ...

Global Virgin Coconut Oil Processing Unit market size 2025 was XX Million. Virgin Coconut Oil Processing Unit Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

This statistic depicts the average monthly prices for coconut oil from January 2014 through June 2025. In June 2025, the average monthly price for coconut oil stood at ***** nominal U.S. dollars per metric ton.

Coconut oil prices in , June, 2025 For that commodity indicator, we provide data from January 1960 to June 2025. The average value during that period was 721.22 USD per metric ton with a minimum of 200 USD per metric ton in April 1972 and a maximum of 2766.8 USD per metric ton in May 2025. | TheGlobalEconomy.com

Virgin Coconut Oil Market size was valued at USD 16.91 Billion in 2024 and is projected to reach 33.95 USD Billion by 2031 growing at a CAGR of 10.4% from 2024 to 2031.

Key Market Drivers: • Growing Health and Wellness Awareness: Customers are increasingly prioritizing natural and organic items. Virgin coconut oil, seen as a healthier option to other cooking oils, is gaining popularity due to its purported benefits for heart health, weight management and skin and hair care. • Growing Demand for Natural Beauty and Personal Care Products: The beauty industry is moving toward natural components. Virgin coconut oil's moisturizing and nourishing characteristics make it a popular ingredient in skincare and hair care products, fueling market development. • Expanding Food and Beverage Applications: Beyond cooking, virgin coconut oil is making its way into a variety of food and beverage products. Its distinct flavor and texture appeal to consumers looking for new culinary experiences, helping to drive industry growth.

The Coconut Oil Market Report is Segmented by Products Type (Refined Coconut Oil, Un-Refined Coconut Oil, and Other Types of Coconut Oil), Nature (Conventional and Organic), Application (Food and Beverages, Pharmaceuticals, Cosmetic and Personal Care, and Others), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

The organic virgin coconut oil market was valued at approximately USD 0.63 billion in 2019 and is expected to reach around USD 1.1 billion by 2026, expanding at a CAGR of around 9.8% during the forecast period, between 2020 and 2026. The growth of the market is attributed to surging health awareness among consumers. Additionally, increasing growth of retail industry in the developing regions is also one of the primary factors boosting the growth of the market.



Organic virgin coconut oil is made from expeller-pressing of dried organic coconut. Organic coconuts are the coconuts which are grown naturally with zero usage of chemicals during the cultivation process. Such organic coconuts are dried and oil is obtained through extraction process. Organic virgin coconut oil has several properties such as high vitamin content, mineral rich, great anti-oxidants, and high protein.
Organic virgin coconut oil has a pleasant fragrance. Additionally, it also has a good taste coupled with extensive health benefits which makes it preferable for consumers. The oil has many benefits including instant energy, healthy skin, good immune support system, improvement in digestive system, facilitate muscle development, burn fat, anti-viral, anti-fungal, anti-bacterial, increase in metabolic rate, good for hair and nails, and support for healthy thyroid function.

Market Trends, Drivers, Restraints, and Opportunities:

• Rising demand for organic products due to increasing health awareness among the consumers worldwide is boosting the demand for organic virgin coconut oil which is propelling the growth of the market.
• Increasing usage of the oil for culinary use across the globe is one of the key factors fueling the growth of the market.
• Growing sales of the oil with increase in product availability owing to the growth of retail segment in developing economies is boosting the growth of the market.
• Surging demand for the oil due to high nutritional value and diverse application in the beauty & personal care industry is driving the growth of the market.
• Increasing investments in the industry to support major players in the market to increase production capability is one of the major factors influencing the growth of the market.
• Growing government policies and initiatives to support the players in the market is fueling the growth of the global organic virgin coconut oil market.

Scope of the Report

The Europe Extra Virgin Coconut Oil Market would witness market growth of 7.8% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 274.82 hundred tonnes, showcasing a growth of 13.0% (2020-2024). Extra Virgin Coconut Oil (EVCO) packaged in metal cans

Virgin Coconut Oil Market was valued at USD 1274 million in 2019 and is expected to register a CAGR of 9.9% during the forecast period.

The global refined coconut oil market stood at $69.2B in 2024, almost unchanged from the previous year. In general, the total consumption indicated a pronounced expansion from 2012 to 2024: its value increased at an average annual rate of +2.7% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -4.2% against 2022 indices.