Market Research Future (Food and Beverages) Coconut Oil Market Research Report | Page 3

Coconut Oil Market Research Report – Global Forecast till 2025 2 Market Overview Coconut oil is an edible oil extracted from the kernel of mature coconuts. Its high content levels of lauric acid, antioxidants, and vitamin E make it appealing to consumers concerned with health and wellness. The global coconut oil market is on the cusp to touch a valuation of USD 8,403.3 million by 2025, as per the latest findings of Market Research Future (MRFR). It can register 6.37% CAGR over the forecast period (2018-2025). The market volume is expected to reach 6,569.8 kilotons by 2025. High preference for coconut oil by consumers is likely to bolster the market demand exponentially. This is supported by studies which indicate the benefits of virgin coconut oil. Some of them are the breakdown of fatty acids, elimination of harmful bacteria, and reducing the rate of seizures in children. The wide scope of the product across various sectors such as food & beverages, cosmetics & personal care, biofuel, and pharmaceuticals is projected to fuel the coconut oil market growth till 2025. This is exemplified by the preparation of certain snacks using coconut oil by prominent food manufacturers. Regional Analysis: At Market Research Future, we consider the proper blend of accurate, reliable, and relevant data as of prime importance. Our data analysts are adept in exactly interpreting data and gaining appropriate information. The primary research includes a head-to-head interview with eminent market insiders who have a pulse on market trends. The secondary method amplifies pertinent factors of the market that can positively influence the market during the forecast period. Other credible sources such as annual reports, publications by relevant associations, and SEC filings do play an integral part in the planning of the report. To maintain an objective analysis, we have included several proprietary standards for the estimation and validation of market data. Top-down and bottom-up approaches are a part of this analysis for a holistic understanding of the market, and the endeavor is to provide our client with an edge that would help them gain insights. Page | 3 Copyright © 2017 Market Research Future.