Market Research Future (Food and Beverages) Coconut Oil Market Research Report | Page 4

Coconut Oil Market Research Report – Global Forecast till 2025
3 Pages
Segments
The global coconut oil market is segmented on the basis of type and end-user. By type, the market is segmented
into virgin coconut oil and refined coconut oil. Virgin coconut oil is produced from freshly extracted coconut milk using
natural of mechanical techniques. Refined coconut oil, on the other hand, is derived via hydralic heated press and
has applications in commercial food processing, home cooking, and cosmetic purposes. Major end-users making
use of the product include food and industry.
Based on regions, the global coconut oil market is segmented into North America, Central & South America, Europe,
Asia Pacific (APAC), and the Middle East & Africa (MEA). The North America region is expected to gain huge
dividends owing to massive imports of coconut oil. Central & South America is predicted to exhibit the highest CAGR
owing to increased cultivation of coconut in Colombia combined with extended scope in agrochemicals, cosmetics,
and energy sectors. Europe can accrue a windfall owing to preference of cooking oil and spreads derived from
coconut oil.
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