Virgin Coconut Oil Market

By Type;

Organic and Conventional

By Packaging;

Plastic Bottles, Pouches and Metal Cans

By End-Use Application;

B2B [Food & Beverage, Personal Care & Cosmetics, Pharmaceuticals, Institutional Purchase and Others] and B2C [Supermarkets & Hypermarkets, Convenience Stores, Online and Others]

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn417263519 Published Date: September, 2025 Updated Date: November, 2025

Virgin Coconut Oil Market Overview

Virgin Coconut Oil Market (USD Million)

Virgin Coconut Oil Market was valued at USD 2,115.29 million in the year 2024. The size of this market is expected to increase to USD 3,704.68 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.3%.


Virgin Coconut Oil Market

*Market size in USD million

CAGR 8.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.3 %
Market Size (2024)USD 2,115.29 Million
Market Size (2031)USD 3,704.68 Million
Market ConcentrationMedium
Report Pages324
2,115.29
2024
3,704.68
2031

Major Players

  • Nutiva
  • Dr. Bronner's
  • Nature's Way
  • Barlean's Organic Oils
  • Hain Celestial Group
  • Healthy Traditions
  • Carrington Farms
  • Tropical Traditions
  • NutriGold
  • Vita Coco

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Virgin Coconut Oil Market

Fragmented - Highly competitive market without dominant players


The Virgin Coconut Oil Market is gaining strong traction as consumers prioritize natural health alternatives and chemical-free solutions. Adoption has increased by over 45% as people recognize its benefits for nutrition, skincare, and wellness. This rising preference for organic oils highlights the shift toward sustainable lifestyles and clean-label products.

Key Drivers Accelerating Growth
The surge in demand is fueled by growing health awareness and the appeal of plant-based nutrition. Nearly 40% of consumers now prefer virgin coconut oil as a healthier substitute for refined oils. Its antioxidant properties and role in strengthening immunity make it a popular choice across personal and household applications.

Advancements Strengthening Market Adoption
Technological improvements in cold-press extraction and refining techniques have elevated oil purity and nutrient retention. Around 50% of new product launches now feature enhanced formulations, including fortified blends and premium variants. These innovations enhance usability, ensure higher shelf stability, and expand applications in food, cosmetics, and nutraceuticals.

Growth Prospects and Industry Outlook
The Virgin Coconut Oil Market is projected to witness strong expansion as clean-label and organic trends accelerate. Close to 55% of businesses are increasing investments in product innovation and branding. With continuous R&D and collaborations, the industry is expected to embed virgin coconut oil more deeply into mainstream consumption patterns.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Packaging

    3. Market Snapshot, By End-Use Application
    4. Market Snapshot, By Region
  4. Virgin Coconut Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health consciousness trend
        2. Rising vegan population
        3. Demand for natural ingredients
        4. Growing beauty applications
        5. Nutritional benefits
      2. Restraints
        1. Price volatility concerns
        2. Supply chain challenges
        3. Competition from substitutes
        4. Climate-dependent production
        5. Quality consistency issues
      3. Opportunities
        1. Expanding health supplements
        2. Increasing organic certifications
        3. Emerging markets growth
        4. Product diversification opportunities
        5. Sustainable production practices
    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. Virgin Coconut Oil Market, By Type, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    2. Virgin Coconut Oil Market, By Packaging, 2021 - 2031 (USD Million)
      1. Plastic Bottles
      2. Pouches
      3. Metal Cans
    3. Virgin Coconut Oil Market, By End-Use Application, 2021 - 2031 (USD Million)
      1. B2B
        1. Food & Beverage
        2. Personal Care & Cosmetics
        3. Pharmaceuticals
        4. Institutional Purchase
        5. Others
      2. B2C
        1. Supermarkets & Hypermarkets
        2. Convenience Stores
        3. Online
        4. Others
    4. 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. Barlean’s Organic Oils, LLC
      3. Forest Essentials
      4. Garden of Life LLC
      5. NOW Foods
      6. Viva Labs
      7. Renuka Agri Foods PLC
      8. Thai Coconut Public Company Limited
      9. Celebes Coconut Corporation
      10. Edward & Sons Trading Company
      11. Spectrum Organics
      12. Kopra Coconut
      13. Peter Paul Philippine Corporation
      14. Aromaaz International
      15. Healthy Traditions
  7. Analyst Views
  8. Future Outlook of the Market