North America Coconut Oil Market Report and Forecast 2025-2034
Description
The North America Coconut Oil market attained a volume of 566.61 KMT in 2024. The industry is expected to grow at a CAGR of 1.10% during the forecast period of 2025-2034 to attain a volume of 632.11 KMT by 2034.
North America Coconut Oil Market Growth
The North America Coconut Oil Market is bound to see growth from the food and beverage industry owing to rising awareness of the health benefits of consuming coconut oil.
Coconut oil is used in cooking, baking, and frying, and is also used in various types of salads as a form of topping and dressing. It is used in making snack foods confectionery items and as a dairy alternative such as coconut milk in drinks because of its taste and rich texture. Due to its natural composition, it is a popular choice among health-conscious consumers.
As of March 2024, global Sweden-based company AAK introduced AkoVeg in New Jersey in the United States. AkoVeg is a coconut oil and fibre flake product which enables individuals to produce plant-based meat. Owing to the growth in plant-based meat consumption, the AkoVeg is expected to witness a significant growth.
Coconut oil is highly treasured in the pharmaceuticals industry due to its medicinal properties whereby it may be found as an ingredient in dietary supplements, skincare products and medicinal preparations. Its moisturizing quality makes it skin-friendly and hence suitable for certain healthcare applications. The demand for coconut oil is also driven by factors such as research into its therapeutic properties.
North America Coconut Oil Market Segmentation
North America Coconut Oil Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type:
RBD
Virgin
Crude
Market Breakup by Nature:
Conventional
Organic
Market Breakup by Source:
Wet Coconut
Dry Coconut
Market Breakup by Application:
Food and Beverages
Pharmaceuticals
Cosmetic and Personal Care
Others
Market Breakup by Country:
United States of America
Canada
North America Coconut Oil Market Share
Conventional coconut oil leads growth in the coconut oil market in the domestic region given that it is extracted using traditional methods and conventional agricultural practices. Conventional coconut oil has various applications including baking, cooking, skincare, haircare, and commercial uses.
Leading Companies in the North America Coconut Oil Market
Major market players are expanding their outreach through investments in sustainable production practices and environmentally friendly products.
Archer-Daniels-Midland Co.
Cargill Inc.
Hain Celestial Group, Inc.
Schwabe North America, Inc.
Bunge Global S.A.
Nutiva Inc.
ConnOils LLC
VedaOils
Bo International
Gustav Heess GmbH
Wildly Organic
Farm Boy Company Inc.
Viva Naturals Inc.
Others
North America Coconut Oil Market Growth
The North America Coconut Oil Market is bound to see growth from the food and beverage industry owing to rising awareness of the health benefits of consuming coconut oil.
Coconut oil is used in cooking, baking, and frying, and is also used in various types of salads as a form of topping and dressing. It is used in making snack foods confectionery items and as a dairy alternative such as coconut milk in drinks because of its taste and rich texture. Due to its natural composition, it is a popular choice among health-conscious consumers.
As of March 2024, global Sweden-based company AAK introduced AkoVeg in New Jersey in the United States. AkoVeg is a coconut oil and fibre flake product which enables individuals to produce plant-based meat. Owing to the growth in plant-based meat consumption, the AkoVeg is expected to witness a significant growth.
Coconut oil is highly treasured in the pharmaceuticals industry due to its medicinal properties whereby it may be found as an ingredient in dietary supplements, skincare products and medicinal preparations. Its moisturizing quality makes it skin-friendly and hence suitable for certain healthcare applications. The demand for coconut oil is also driven by factors such as research into its therapeutic properties.
North America Coconut Oil Market Segmentation
North America Coconut Oil Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type:
RBD
Virgin
Crude
Market Breakup by Nature:
Conventional
Organic
Market Breakup by Source:
Wet Coconut
Dry Coconut
Market Breakup by Application:
Food and Beverages
Pharmaceuticals
Cosmetic and Personal Care
Others
Market Breakup by Country:
United States of America
Canada
North America Coconut Oil Market Share
Conventional coconut oil leads growth in the coconut oil market in the domestic region given that it is extracted using traditional methods and conventional agricultural practices. Conventional coconut oil has various applications including baking, cooking, skincare, haircare, and commercial uses.
Leading Companies in the North America Coconut Oil Market
Major market players are expanding their outreach through investments in sustainable production practices and environmentally friendly products.
Archer-Daniels-Midland Co.
Cargill Inc.
Hain Celestial Group, Inc.
Schwabe North America, Inc.
Bunge Global S.A.
Nutiva Inc.
ConnOils LLC
VedaOils
Bo International
Gustav Heess GmbH
Wildly Organic
Farm Boy Company Inc.
Viva Naturals Inc.
Others
Table of Contents
130 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Coconut Oil Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Coconut Oil Historical Market (2018-2024)
- 5.3 Global Coconut Oil Market Forecast (2025-2034)
- 5.4 Global Coconut Oil Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 North America Coconut Oil Market Overview
- 6.1 Key Industry Highlights
- 6.2 North America Coconut Oil Historical Market (2018-2024)
- 6.3 North America Coconut Oil Market Forecast (2025-2034)
- 7 North America Coconut Oil Market by Product Type
- 7.1 RBD
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Virgin
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Crude
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 8 North America Coconut Oil Market by Nature
- 8.1 Conventional
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Organic
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 North America Coconut Oil Market by Source
- 9.1 Wet Coconut
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Dry Coconut
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 North America Coconut Oil Market by Application
- 10.1 Food and Beverages
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Pharmaceuticals
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Cosmetic and Personal Care
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Others
- 11 North America Coconut Oil Market by Country
- 11.1 United States of America
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 Canada
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators of Demand
- 12.4 Key Indicators of Price
- 13 Value Chain Analysis
- 14 Trade Data Analysis (HS Code – 151311, 151319)
- 14.1 Major Exporting Countries
- 14.1.1 By Value
- 14.1.2 By Volume
- 14.2 Major Importing Countries
- 14.2.1 By Value
- 14.2.2 By Volume
- 15 Price Analysis
- 16 Competitive Landscape
- 16.1 Supplier Selection
- 16.2 Key Global Players
- 16.3 Key Regional Players
- 16.4 Key Player Strategies
- 16.5 Company Profiles
- 16.5.1 Archer-Daniels-Midland Co.
- 16.5.1.1 Company Overview
- 16.5.1.2 Product Portfolio
- 16.5.1.3 Demographic Reach and Achievements
- 16.5.1.4 Certifications
- 16.5.2 Cargill Inc.
- 16.5.2.1 Company Overview
- 16.5.2.2 Product Portfolio
- 16.5.2.3 Demographic Reach and Achievements
- 16.5.2.4 Certifications
- 16.5.3 Hain Celestial Group, Inc. (Spectrum Organic Products, LLC)
- 16.5.3.1 Company Overview
- 16.5.3.2 Product Portfolio
- 16.5.3.3 Demographic Reach and Achievements
- 16.5.3.4 Certifications
- 16.5.4 Schwabe North America, Inc. (Nature’s Way Products, Inc.)
- 16.5.4.1 Company Overview
- 16.5.4.2 Product Portfolio
- 16.5.4.3 Demographic Reach and Achievements
- 16.5.4.4 Certifications
- 16.5.5 Bunge Global S.A.
- 16.5.5.1 Company Overview
- 16.5.5.2 Product Portfolio
- 16.5.5.3 Demographic Reach and Achievements
- 16.5.5.4 Certifications
- 16.5.6 Nutiva Inc.
- 16.5.6.1 Company Overview
- 16.5.6.2 Product Portfolio
- 16.5.6.3 Demographic Reach and Achievements
- 16.5.6.4 Certifications
- 16.5.7 ConnOils LLC
- 16.5.7.1 Company Overview
- 16.5.7.2 Product Portfolio
- 16.5.7.3 Demographic Reach and Achievements
- 16.5.7.4 Certifications
- 16.5.8 VedaOils
- 16.5.8.1 Company Overview
- 16.5.8.2 Product Portfolio
- 16.5.8.3 Demographic Reach and Achievements
- 16.5.8.4 Certifications
- 16.5.9 Bo International
- 16.5.9.1 Company Overview
- 16.5.9.2 Product Portfolio
- 16.5.9.3 Demographic Reach and Achievements
- 16.5.9.4 Certifications
- 16.5.10 Gustav Heess GmbH
- 16.5.10.1 Company Overview
- 16.5.10.2 Product Portfolio
- 16.5.10.3 Demographic Reach and Achievements
- 16.5.10.4 Certifications
- 16.5.11 Wildly Organic
- 16.5.11.1 Company Overview
- 16.5.11.2 Product Portfolio
- 16.5.11.3 Demographic Reach and Achievements
- 16.5.11.4 Certifications
- 16.5.12 Farm Boy Company Inc.
- 16.5.12.1 Company Overview
- 16.5.12.2 Product Portfolio
- 16.5.12.3 Demographic Reach and Achievements
- 16.5.12.4 Certifications
- 16.5.13 Viva Naturals Inc.
- 16.5.13.1 Company Overview
- 16.5.13.2 Product Portfolio
- 16.5.13.3 Demographic Reach and Achievements
- 16.5.13.4 Certifications
- 16.5.14 Others
Pricing
Currency Rates
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