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India Coconut Oil Market

India Coconut Oil Market Share, Size, Growth, Trends, Analysis: By Source: Organic, Conventional; By Type: Virgin, Extra-Virgin, Refined, Others; By Application: Food and Beverage, Cosmetics, Pharmaceuticals, Industrial, Others; By Distribution Channel: Supermarket and Hypermarket, Others; Regional Analysis; Competitive Landscape; 2024-2032

India Coconut Oil Market Outlook

The India coconut oil market is expected to grow in the forecast period of 2024-2032 at a CAGR of 7.50%.

 

India Coconut Oil Market

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Rising Use of Coconut Oil in Cooking Augmenting the Market Growth in India

The health benefits associated with the use of coconut nut is surging its use in cooking, which is driving the market growth. The high smoke point and antioxidant properties of coconut oil are surging its use in frying, baking, and sautéing activities, thereby augmenting the growth of the market. As coconut oil is enriched with diverse flavours, it is extensively utilised in the cooking of traditional cuisines in the country. Moreover, the growing vegan population in the country is leading to a surge in the incorporation of coconut oil as a substitute for butter, which is significantly contributing to the market growth.

 

With the rising demand for healthy bakery and confectionery products, coconut oil is extensively used to boost the nutritional profile in the bakery industry, thus fuelling the industry growth. In addition, the high content of saturated fatty acids and the resistance to oxidative rancidity make coconut oil ideal for use in infant formulas, which is providing impetus to the market growth in India.

 

Coconut Oil: Market Segmentation

Coconut oil is an edible oil, which is extracted from coconut palm and contains saturated fat. It has anti-inflammatory, anti-fungal, and anti-microbial properties, due to which it is used as a preventive healthcare measure. It is extensively used in major industries like cosmetics and personal care as well as food and beverages, among others.

 

India Coconut Oil Market by Segment

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The major sources of coconut oil are:

  • Organic
  • Conventional

 

The market can be broadly categorised on the basis of its types into:

  • Virgin
  • Extra-Virgin
  • Refined
  • Others

 

By application, the market is divided into:

  • Food and Beverage
  • Cosmetics
  • Pharmaceuticals
  • Industrial
  • Others

 

Based on distribution channel, the market is classified into:

  • Supermarket and Hypermarket
  • Convenience Store
  • Online
  • Others

 

The EMR report looks into the regional markets of coconut oil in India like North India, East and Central India, South India, and West India.

 

India Coconut Oil Market Report and Forecast

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Robust Growth of the Cosmetics and Personal Care Industry to Augment the Growth of the Coconut Oil Industry

The market for coconut oil is being driven by the robust growth of the cosmetics and personal care industry in India. As coconut oil contains essential minerals and oils, it is incorporated as a moisturising agent in cosmetics and skincare products, thereby fuelling the industry growth. Furthermore, the growing trend of do-it-yourself skincare, popularised during the COVID-19 pandemic, is increasing the use of coconut oil in personal care, which is bolstering the market growth.

 

The increasing production of virgin coconut oil in India owing to its versatile uses is augmenting the growth of the market. As the prevalence of various health-related issues in India is significantly surging, virgin coconut oil is increasingly preferred in cooking owing to the high content of minerals and vitamin E, hence driving the industry growth. With the rising demand for virgin coconut oil in North American and European regions, its export is increasing. Moreover, the rising availability of diverse and cost-effective virgin coconut oil in India is surging its demand, which is expected to provide further impetus to the industry growth in the forecast period.

 

Key Industry Players in the India Coconut Oil Market

The report presents a detailed analysis of the following key players in the India coconut oil market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

 

  • Cocoguru Coconut Industries Private Limited
  • Sri Sellandiamman Oil Mill
  • Marico Limited
  • Patanjali Ayurved Limited
  • Forest Essentials
  • Kama Ayurveda Pvt. Ltd.
  • Mahavir Coconut Industries
  • Dabur Ltd
  • Organic India Private Limited
  • Kayal Agro Foods
  • Shalimar Chemical Works Private Ltd
  • Old Goa Oils and Foods Private Limited
  • JSP FOODS
  • Others

 

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

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

  • Source
  • Type
  • Application
  • Distribution Channel
  • Region
Breakup by Source
  • Organic
  • Conventional
Breakup by Type
  • Virgin
  • Extra Virgin
  • Refined
  • Others
Breakup by Application
  • Food and Beverage
  • Cosmetics
  • Pharmaceuticals
  • Industrial
  • Others
Breakup by Distribution Channel
  • Supermarket and Hypermarket
  • Convenience Store
  • Online
  • Others
Breakup by Region
  • North India
  • East and Central India
  • West India
  • South India
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cocoguru Coconut Industries Private Limited
  • Sri Sellandiamman Oil Mill
  • Marico Limited
  • Patanjali Ayurved Limited
  • Forest Essentials
  • Kama Ayurveda Pvt. Ltd.
  • Mahavir Coconut Industries
  • Dabur Ltd
  • Organic India Private Limited
  • Kayal Agro Foods
  • Shalimar Chemical Works Private Ltd
  • Old Goa Oils and Foods Private Limited
  • JSP FOODS
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Global Coconut Oil Market Overview

    8.1    Key Industry Highlights
    8.2    Global Coconut Oil Historical Market (2018-2023)
    8.3    Global Coconut Oil Market Forecast (2024-2032)
    8.4    Global Coconut Oil Market Share by Region
        8.4.1    North America
        8.4.2    Europe
        8.4.3    Asia Pacific
        8.4.4    Latin America
        8.4.5    Middle East and Africa
9    India Coconut Oil Market Overview
    9.1    Key Industry Highlights
    9.2    India Coconut Oil Historical Market (2018-2023)
    9.3    India Coconut Oil Market Forecast (2024-2032)
10    India Coconut Oil Market by Source
    10.1    Organic
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Conventional
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
11    India Coconut Oil Market by Type
    11.1    Virgin
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Extra Virgin
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Refined
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    Others
12    India Coconut Oil Market by Application
    12.1    Food and Beverage
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Cosmetics
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Pharmaceuticals
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Industrial
        12.4.1    Historical Trend (2018-2023)
        12.4.2    Forecast Trend (2024-2032)
    12.5    Others
13    India Coconut Oil Market by Distribution Channel
    13.1    Supermarket and Hypermarket
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    Convenience Store
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Online
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    Others
14    India Coconut Oil Market by Region
    14.1    North India
        14.1.1    Historical Trend (2018-2023)
        14.1.2    Forecast Trend (2024-2032)
    14.2    East and Central India
        14.2.1    Historical Trend (2018-2023)
        14.2.2    Forecast Trend (2024-2032)
    14.3    West India
        14.3.1    Historical Trend (2018-2023)
        14.3.2    Forecast Trend (2024-2032)
    14.4    South India
        14.4.1    Historical Trend (2018-2023)
        14.4.2    Forecast Trend (2024-2032)
15    Market Dynamics
    15.1    SWOT Analysis
        15.1.1    Strengths
        15.1.2    Weaknesses
        15.1.3    Opportunities
        15.1.4    Threats
    15.2    Porter’s Five Forces Analysis
        15.2.1    Supplier’s Power
        15.2.2    Buyer’s Power
        15.2.3    Threat of New Entrants
        15.2.4    Degree of Rivalry
        15.2.5    Threat of Substitutes
    15.3    Key Indicators for Demand
    15.4    Key Indicators for Price
16    Value Chain Analysis
17    Trade Data Analysis (HS Code – 151311 and 151319)

    17.1    Major Importing Countries
        17.1.1    By Volume
        17.1.2    By Value
    17.2    Major Exporting Countries
        17.2.1    By Volume
        17.2.2    By Value
18    Price Analysis
19    Competitive Landscape

    19.1    Market Structure
    19.2    Company Profiles
        19.2.1    Cocoguru Coconut Industries Private Limited 
            19.2.1.1    Company Overview
            19.2.1.2    Product Portfolio
            19.2.1.3    Demographic Reach and Achievements
            19.2.1.4    Certifications
        19.2.2    Sri Sellandiamman Oil Mill
            19.2.2.1    Company Overview
            19.2.2.2    Product Portfolio
            19.2.2.3    Demographic Reach and Achievements
            19.2.2.4    Certifications
        19.2.3    Marico Limited
            19.2.3.1    Company Overview
            19.2.3.2    Product Portfolio
            19.2.3.3    Demographic Reach and Achievements
            19.2.3.4    Certifications
        19.2.4    Patanjali Ayurved Limited
            19.2.4.1    Company Overview
            19.2.4.2    Product Portfolio
            19.2.4.3    Demographic Reach and Achievements
            19.2.4.4    Certifications
        19.2.5    Forest Essentials
            19.2.5.1    Company Overview
            19.2.5.2    Product Portfolio
            19.2.5.3    Demographic Reach and Achievements
            19.2.5.4    Certifications
        19.2.6    Kama Ayurveda Pvt. Ltd.
            19.2.6.1    Company Overview
            19.2.6.2    Product Portfolio
            19.2.6.3    Demographic Reach and Achievements
            19.2.6.4    Certifications
        19.2.7    Mahavir Coconut Industries
            19.2.7.1    Company Overview
            19.2.7.2    Product Portfolio
            19.2.7.3    Demographic Reach and Achievements
            19.2.7.4    Certifications
        19.2.8    Dabur Ltd
            19.2.8.1    Company Overview
            19.2.8.2    Product Portfolio
            19.2.8.3    Demographic Reach and Achievements
            19.2.8.4    Certifications
        19.2.9    Organic India Private Limited
            19.2.9.1    Company Overview
            19.2.9.2    Product Portfolio
            19.2.9.3    Demographic Reach and Achievements
            19.2.9.4    Certifications
        19.2.10    Kayal Agro Foods 
            19.2.10.1    Company Overview
            19.2.10.2    Product Portfolio
            19.2.10.3    Demographic Reach and Achievements
            19.2.10.4    Certifications
        19.2.11    Shalimar Chemical Works Private Ltd
            19.2.11.1    Company Overview
            19.2.11.2    Product Portfolio
            19.2.11.3    Demographic Reach and Achievements
            19.2.11.4    Certifications
        19.2.12    Old Goa Oils and Foods Private Limited
            19.2.12.1    Company Overview
            19.2.12.2    Product Portfolio
            19.2.12.3    Demographic Reach and Achievements
            19.2.12.4    Certifications
        19.2.13    JSP FOODS
            19.2.13.1    Company Overview
            19.2.13.2    Product Portfolio
            19.2.13.3    Demographic Reach and Achievements
            19.2.13.4    Certifications
        19.2.14    Others
20    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Coconut Oil Market: Key Industry Highlights, 2018 and 2032
2.    India Coconut Oil Market: Key Industry Highlights, 2018 and 2032 
3.    India Coconut Oil Historical Market: Breakup by Source (USD Million), 2018-2023
4.    India Coconut Oil Market Forecast: Breakup by Source (USD Million), 2024-2032
5.    India Coconut Oil Historical Market: Breakup by Type (USD Million), 2018-2023
6.    India Coconut Oil Market Forecast: Breakup by Type (USD Million), 2024-2032
7.    India Coconut Oil Historical Market: Breakup by Application (USD Million), 2018-2023
8.    India Coconut Oil Market Forecast: Breakup by Application (USD Million), 2024-2032
9.    India Coconut Oil Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10.    India Coconut Oil Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11.    India Coconut Oil Historical Market: Breakup by Region (USD Million), 2018-2023
12.    India Coconut Oil Market Forecast: Breakup by Region (USD Million), 2024-2032
13.    Major Importing Countries by Volume
14.    Major Exporting Countries by Volume 
15.    Major Importing Countries by Value
16.    Major Exporting Countries by Value
17.    India Coconut Oil Market Structure

Key Questions Answered in the Report

The India coconut oil market is projected to grow at a CAGR of 7.50% between 2024 and 2032.

The market is being aided by the rising use of coconut oil in cooking, the growing vegan population, and the increasing demand for coconut oil in the bakery industry.

The industry is predicted to be propelled by the robust growth of the cosmetics and personal care industry, the growing trend of do-it-yourself skincare, and the increasing production of virgin coconut oil.

The major regions in the market in India are North India, East and Central India, South India, and West India.

The various sources of coconut oil are organic and conventional.

The major types of coconut oil in the industry are virgin, extra-virgin, and refined, among others.

The various applications of coconut oil are food and beverage, cosmetics, pharmaceuticals, and industrial, among others.

The significant distribution channels in the market are supermarket and hypermarket, convenience store, and online, among others.

The major players in the market are Cocoguru Coconut Industries Private Limited, Sri Sellandiamman Oil Mill, Marico Limited, Patanjali Ayurved Limited, Forest Essentials, Kama Ayurveda Pvt. Ltd., Mahavir Coconut Industries, Dabur Ltd, Organic India Private Limited, Kayal Agro Foods, Shalimar Chemical Works Private Ltd, Old Goa Oils and Foods Private Limited, and JSP FOODS, among others.

Analyst Review

The India coconut oil market is driven by the rising use of coconut oil in cooking. Aided by the increasing production of virgin coconut oil, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 7.50%.

 

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on its sources, the coconut oil market can be bifurcated into organic and conventional. By type, the market is segmented into virgin, extra-virgin, and refined, among others. Based on applications, the market is classified into food and beverage, cosmetics, pharmaceuticals, and industrial, among others. On the basis of distribution channels, the market is divided into supermarket and hypermarket, convenience store, and online, among others. The major regional markets for coconut oil in India are North India, East and Central India, South India, and West India. The key players in the above market include Cocoguru Coconut Industries Private Limited, Sri Sellandiamman Oil Mill, Marico Limited, Patanjali Ayurved Limited, Forest Essentials, Kama Ayurveda Pvt. Ltd., Mahavir Coconut Industries, Dabur Ltd, Organic India Private Limited, Kayal Agro Foods, Shalimar Chemical Works Private Ltd, Old Goa Oils and Foods Private Limited, and JSP FOODS, among others.

 

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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