In its recent report, Fact.MR offers a comprehensive perspective on the global coconut oil market across few targeted regions. The booming demand for coconut oil, coconut sugar, and coconut water has led to a huge imbalance wherein the supply is unable to keep pace with the demand. Coconut oil is used in a number of snacks in both emerging and developed markets but the dwindling coconut supply could be a major challenge to overcome in the days ahead. The report focuses on the provision of in-depth research and detailed insights about global coconut oil market for the forecast period 2017 to 2022.
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Scope
The prime focus of Fact.MR’s report is to provide readers with an unbiased and accurate analysis of current market status of coconut oil, along with future growth estimations. Coconut oil producers, suppliers, and distributors in the global market will benefit from the insights offered in this report. A detailed discussion guide has been formulated in this report, which can attract the interest of top trade magazines and journals related to food & beverages.
To offer readers with latest information about advancements in the global coconut oil market, updates about opportunities benefitting leading coconut oil producing companies are offered in the report. Continuous evolution of the food & beverages sector necessitates keeping record of upcoming and recent developments and trends which are fundamental for coconut oil producers to formulate and adopt key business strategies. The detailed analysis pertaining to list of distributors, pricing analysis, raw material sourcing, cost structures, and supply chain are offered in this section.
By considering the global coconut oil market, and provide an in-depth analysis, Fact.MR’s report offers segment-wise analysis and forecast. The coconut oil market is categorized on the basis of product type, end-user, distribution channel, and region. Segmentation analysis offered is comprehensive, along with the detailed country-wise forecast offered on all parameters.
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1- Some of the forecasts of Fact.MR’s report on the global coconut oil market have been given below to help you understand the current and future prospects in the coconut oil market which should grow with a CAGR of 3.9% from 2017 to 2022 –
2- The process segment dominates the coconut oil market with a revenue share approaching 3/4th by product type. A market opportunity of crossing US$ 2.2 billion makes it extremely lucrative and key stakeholders would do well to take note. Europe accounts for a 1/3rd of the revenue contribution and it is anticipated to grow at the highest CAGR when compared to other regions.
3- The virgin segment represents a niche in the coconut oil market that can be targeted by companies with customized solutions to cater to the needs of discerning customers. Along with Europe, APEJ is the only other region that is predicted to be worth more than US$ 200 million by the end of the forecast period.
4- The food processor segment accounts for slightly over a quarter of the revenue in the coconut oil market by end user segment in 2017 and Europe is poised to be worth almost US$ 240 million by end of 2022. Major players could target North America as the snack market there is worth billions of dollars and the health-benefits of coconut oil are already known.
5- The retail segment alone is over a third of the revenue by end-user segments in the coconut oil market which amounts to a market that exceeds US$ 1.1 billion in 2022. It will be interesting to see if retailers can hold their own against the e-commerce wave that has swept across the world. Latin America, in particular, holds immense promise in the retail segment as the region is quite under-penetrated, especially when compared to the developed countries in Europe and North America.
6- Franchise outlets are a little over half the size of the modern trade segment in the coconut oil market. However, companies that adopt a unique differentiation strategy may be able to tap this segment as the competition has the bulk of its attention on the modern trade segment that is a much larger opportunity.
7- The coconut oil market is rife with competition and some of the biggest players active in it are Adani Wilmar, Ruchi Soya Industries, Associated British Foods, Cargill Inc., Archer Daniels Midland Company, Bunge Limited, Adams Group Inc., and American Vegetable Oil Inc.
Competition Analysis
The main competitors in the coconut oil market are Adani Wilmar, Ruchi Soya, Associated British Foods, Cargill, and Archer Daniels Midlands Company.
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