Extra Virgin Coconut Oil Market

By End Use;

B2B and B2C

By Type;

Organic and Conventional

By Packaging;

Metal Cans, Plastic Bottles and Pouches

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn795815594 Published Date: September, 2025 Updated Date: October, 2025

Extra Virgin Coconut Oil Market Overview

Extra Virgin Coconut Oil Market (USD Million)

Extra Virgin Coconut Oil Market was valued at USD 2,396.33 million in the year 2024. The size of this market is expected to increase to USD 3,560.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.


Extra Virgin Coconut Oil Market

*Market size in USD million

CAGR 5.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 2,396.33 Million
Market Size (2031)USD 3,560.58 Million
Market ConcentrationMedium
Report Pages364
2,396.33
2024
3,560.58
2031

Major Players

  • Coconut Country Living
  • Nutiva
  • Viva Naturals
  • Kelapo
  • Nature's Way
  • Tropical Traditions
  • Barlean’s
  • Dr. Bronner’s
  • Kirkland Signature
  • Carlyle

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Extra Virgin Coconut Oil Market

Fragmented - Highly competitive market without dominant players



The Extra Virgin Coconut Oil Market is gaining traction as consumers increasingly seek natural and chemical-free alternatives for nutrition, skincare, and wellness. With nearly 55% of buyers preferring organic and unrefined oils, the demand continues to climb. The oil’s high concentration of medium-chain triglycerides and antioxidants makes it a preferred choice for supporting metabolic health and enhancing immunity.

Expanding Role in Food and Beverages
A significant portion of demand comes from the food and beverage industry, where extra virgin coconut oil is used for cooking, baking, and dietary supplementation. Presently, more than 40% of households are incorporating it into their diets, driven by its perceived benefits in weight management and cardiovascular health. Its versatility across culinary applications is one of the strongest factors fueling market growth.

Growing Adoption in Personal Care
The product is also seeing rapid acceptance in the cosmetics and personal care industry, where it is used in haircare, skincare, and natural formulations. Surveys indicate that nearly 35% of consumers prefer coconut oil-based products over synthetic alternatives due to their safety and sustainability. This shift is creating a strong opportunity for companies innovating in organic and eco-friendly personal care solutions.

Innovation in Product Development
Manufacturers are focusing on innovative packaging, extraction methods, and product blends to differentiate themselves in the competitive landscape. Around 30% of new product launches highlight cold-pressed and sustainably sourced variants, reflecting a trend toward premium offerings. These innovations are enhancing both product appeal and consumer trust, further boosting the market’s momentum.

Future Growth Potential
With its wide-ranging applications and proven health benefits, the extra virgin coconut oil market is expected to witness sustained expansion. Ongoing investments in health-oriented products, growing consumer awareness, and a shift toward plant-based solutions are setting the stage for long-term growth. The combination of nutritional and functional advantages ensures a positive trajectory for this evolving market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By End Use
    2. Market Snapshot, By Type
    3. Market Snapshot, By Packaging
    4. Market Snapshot, By Region
  4. Extra Virgin Coconut Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Health Conscious Consumers
        2. Increasing Organic Product Demand
        3. Expanding Functional Food Applications
        4. Growing Natural Beauty Trends
      2. Restraints
        1. High Production Costs
        2. Price Volatility of Coconuts
        3. Limited Shelf Life
        4. Regulatory Challenges and Standards
      3. Opportunities
        1. Expanding Global Market Reach
        2. Innovations in Product Formats
        3. Growth in Vegan Products
        4. Rising E-commerce Channels
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Extra Virgin Coconut Oil Market, By End Use, 2021 - 2031 (USD Million)
      1. B2B
      2. B2C
    2. Extra Virgin Coconut Oil Market, By Type, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    3. Extra Virgin Coconut Oil Market, By Packaging, 2021 - 2031 (USD Million)
      1. Metal Cans
      2. Plastic Bottles
      3. Pouches
    4. Extra Virgin Coconut Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nutiva, Inc.
      2. Viva Labs, Inc.
      3. Garden of Life, Inc.
      4. Barlean’s Organic Oils, LLC
      5. Nature’s Way Products, LLC
      6. Kelapo Coconut
      7. Dr. Bronner’s
      8. Jarrow Formulas, Inc.
      9. Now Foods
      10. Nutiva, Inc.
  7. Analyst Views
  8. Future Outlook of the Market