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Report Overview

The Asia Pacific coconut oil market attained a volume of 2.46 Million Tons in 2025. The industry is expected to grow at a CAGR of 5.00% during the forecast period of 2026-2035 to attain a volume of 4.01 Million Tons by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

  • According to China (Hainan) International Coconut Industry Forum, in 2023 about 250 million coconuts are produced annually in China.

  • According to China (Hainan) International Coconut Industry Forum, in 2023 about 250 million coconuts are produced annually in China.

  • Indonesia and Philippines are the largest coconut oil exporters in the world.

Compound Annual Growth Rate

5%

Value in Million Tons

2026-2035


*this image is indicative*

Conventional coconut oil boosts the Asia Pacific coconut oil market growth and is driven by increasing consumer awareness of its health benefits associated with high levels of medium-chain fatty acid in coconut oil.

Conventional coconut oil is derived from coconut is grown using traditional agricultural methods, often utilising chemicals like synthetic fertilizer and pesticides. This agricultural practice produces a higher volume of coconut oil at lower production costs. Additionally, the versatile application of coconut oil in food, cosmetic and pharmaceutical industries contribute to expanding demand across the region.

In January 2024, In India, coconut farmers of Karumalloor launched 'Keragram' their locally produced coconut oil brand, which was supported by the Department of Agriculture. They processed about 25-30 kg of coconut oil daily under the Kerala Gramam program. The product was launched under Karumalloor Krishi Bhavan as part of a programme to boost coconut production.

Organic coconut oil targets a niche segment of the market and is cultivated through organic farming techniques that provide chemical-free oil and align with the goal of environmental sustainability. These methods prioritise soil health, biodiversity, and the overall well-being of ecosystems. As health consciousness among consumers is increasing, they are preferring foods and oils with less chemical input to avert any future problems.

Market Segmentation

Asia Pacific Coconut Oil Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • RBD
  • Virgin
  • Crude

Market Breakup by Application

  • Food and Beverages
  • Pharmaceuticals
  • Cosmetic and Personal Care
  • Others

Market Breakup by Source

  • Wet Coconut
  • Dry Coconut

Market Breakup by Nature

  • Conventional
  • Organic

Market Breakup by Region

  • China
  • Japan
  • India 
  • ASEAN
  • Australia
  • Others

Competitive Landscape

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and the latest developments like mergers and acquisitions, investments, and capacity expansion.

  • Archer-Daniels-Midland Co.
  • Cargill Inc.
  • Greenville Agro Corporation
  • Royce Food Corporation
  • Tantuco Enterprises, Inc.
  • Celebes Coconut Corporation
  • Bunge Global S.A.
  • HanCole Corporation
  • Marico Ltd.
  • Dabur India Ltd.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 5.00% between 2026 and 2035.

The coconut oil market is categorised according to its application in industry, which includes Food and Beverages, pharmaceuticals, cosmetics, and personal care, among others.

The key players in the market are Archer-Daniels-Midland Co., Cargill Inc., Greenville Agro Corporation, Royce Food Corporation, Tantuco Enterprises, Inc., Celebes Coconut Corporation, Bunge Global S.A., HanCole Corporation, Marico Ltd., and Dabur India Ltd., among others.

Based on the product type, the market is divided into RBD, virgin and crude.

The market based on nature is divided into conventional and organic.

The market is broken down into China, Japan, India, ASEAN and Australia.

In 2025, the market attained a volume of nearly 2.46 Million Tons.

The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about 4.01 Million Tons by 2035.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Nature
  • Source
  • Application
  • Region
Breakup by Product Type
  • RBD
  • Virgin
  • Crude
Breakup by Nature
  • Conventional
  • Organic
Breakup by Source
  • Wet Coconut
  • Dry Coconut
Breakup by Application
  • Food and Beverages
  • Pharmaceuticals
  • Cosmetic and Personal Care
  • Others
Breakup by Region
  • China
  • Japan
  • India 
  • ASEAN
  • Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Archer-Daniels-Midland Co.
  • Cargill Inc.
  • Greenville Agro Corporation
  • Royce Food Corporation
  • Tantuco Enterprises, Inc.
  • Celebes Coconut Corporation
  • Bunge Global S.A.
  • HanCole Corporation
  • Marico Ltd.
  • Dabur India Ltd.
  • Others

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