North America Coconut Derivatives Market Size, Share & Industry Analysis Report By End User, By Retail Type (Supermarkets/Hypermarkets, Online Retail/E-commerce, Convenience/Grocery Stores, Specialty/Gourmet Stores, and Other Retail Type), By Packaging (B
Description
The North America Coconut Derivatives Market would witness market growth of 8.6% CAGR during the forecast period (2025-2032).
The US market dominated the North America Coconut Derivatives Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $7,409.4 million by 2032. The Canada market is experiencing a CAGR of 10.5% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 9.5% during (2025 - 2032). The US and Canada led the North America Coconut Derivatives Market by Country with a market share of 66.9% and 14% in 2024.
The North American coconut derivatives market has grown from a small, niche area that relied on imports to a major industry that is important to the region's food, drink, and personal care sectors. At first, the market was only for dried coconut and refined oil for candy-making. But in the 2010s, the "superfood" trend made the market grow a lot. Coconut water, virgin coconut oil, coconut milk, flour, and sugar became more popular as people chose plant-based, gluten-free, and health-focused diets. Coconut derivatives became popular not just with health enthusiasts, but also with people who use them for personal care. They are now widely available in supermarkets and online stores.
Key trends that are driving market growth today include the switch to plant-based diets, the rise in product prices, and a focus on sustainability. Coconut water turned into drinks that are good for you, MCT oil became popular in fitness and keto diets, and coconut milk became a common dairy substitute. Industry players used strategies that focused on new products, ethical sourcing, and strategic partnerships. To get customers involved, they often talked about transparency and initiatives to help farmers. The market for drinks, oils, dairy alternatives, and industrial derivatives is very fragmented. To be successful, you need to focus on quality, price, sustainability, and constant innovation, even when the market is mature.
Packaging Outlook
Based on Packaging, the market is segmented into Bottles, Pouches including Tetra Pak, Tubs/Jars, and Cans & Others. With a compound annual growth rate (CAGR) of 9.4% over the projection period, the Bottles Market, dominate the Canada Coconut Derivatives Market by Packaging in 2024 and would be a prominent market until 2032. The Cans & Others market is expected to witness a CAGR of 11.3% during (2025 - 2032).
Product Type Outlook
Based on Product Type, the market is segmented into Coconut Oil, Coconut Milk, Coconut Water, Desiccated Coconut, Coconut Sugar, Coconut Flour & Fibre Derivatives, and Other Product Type. Among various US Coconut Derivatives Market by Product Type; The Coconut Oil market achieved a market size of USD $1256.9 Million in 2024 and is expected to grow at a CAGR of 6.2 % during the forecast period. The Coconut Sugar market is predicted to experience a CAGR of 9.1% throughout the forecast period from (2025 - 2032).
Country Outlook
The United States is the largest market for coconut derivatives in North America. This is because consumers are always looking for new ways to use coconut products, and the country relies heavily on imports from the Philippines and Indonesia. Coconut water and virgin coconut oil became popular in the 2010s, thanks to health and wellness trends. They were first popularized in ethnic communities and health stores. The market has changed, and flavored coconut water, dairy alternatives, and personal care items are becoming more popular. Even though there are health concerns about the saturated fat in coconut oil, demand for it continues, especially in non-food areas. There is a lot of competition in the beverage, cooking, and personal care industries. To be successful, companies need to be innovative, offer low prices, be environmentally friendly, and be open about where they get their ingredients.
List of Key Companies Profiled
By End User
The US market dominated the North America Coconut Derivatives Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $7,409.4 million by 2032. The Canada market is experiencing a CAGR of 10.5% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 9.5% during (2025 - 2032). The US and Canada led the North America Coconut Derivatives Market by Country with a market share of 66.9% and 14% in 2024.
The North American coconut derivatives market has grown from a small, niche area that relied on imports to a major industry that is important to the region's food, drink, and personal care sectors. At first, the market was only for dried coconut and refined oil for candy-making. But in the 2010s, the "superfood" trend made the market grow a lot. Coconut water, virgin coconut oil, coconut milk, flour, and sugar became more popular as people chose plant-based, gluten-free, and health-focused diets. Coconut derivatives became popular not just with health enthusiasts, but also with people who use them for personal care. They are now widely available in supermarkets and online stores.
Key trends that are driving market growth today include the switch to plant-based diets, the rise in product prices, and a focus on sustainability. Coconut water turned into drinks that are good for you, MCT oil became popular in fitness and keto diets, and coconut milk became a common dairy substitute. Industry players used strategies that focused on new products, ethical sourcing, and strategic partnerships. To get customers involved, they often talked about transparency and initiatives to help farmers. The market for drinks, oils, dairy alternatives, and industrial derivatives is very fragmented. To be successful, you need to focus on quality, price, sustainability, and constant innovation, even when the market is mature.
Packaging Outlook
Based on Packaging, the market is segmented into Bottles, Pouches including Tetra Pak, Tubs/Jars, and Cans & Others. With a compound annual growth rate (CAGR) of 9.4% over the projection period, the Bottles Market, dominate the Canada Coconut Derivatives Market by Packaging in 2024 and would be a prominent market until 2032. The Cans & Others market is expected to witness a CAGR of 11.3% during (2025 - 2032).
Product Type Outlook
Based on Product Type, the market is segmented into Coconut Oil, Coconut Milk, Coconut Water, Desiccated Coconut, Coconut Sugar, Coconut Flour & Fibre Derivatives, and Other Product Type. Among various US Coconut Derivatives Market by Product Type; The Coconut Oil market achieved a market size of USD $1256.9 Million in 2024 and is expected to grow at a CAGR of 6.2 % during the forecast period. The Coconut Sugar market is predicted to experience a CAGR of 9.1% throughout the forecast period from (2025 - 2032).
Country Outlook
The United States is the largest market for coconut derivatives in North America. This is because consumers are always looking for new ways to use coconut products, and the country relies heavily on imports from the Philippines and Indonesia. Coconut water and virgin coconut oil became popular in the 2010s, thanks to health and wellness trends. They were first popularized in ethnic communities and health stores. The market has changed, and flavored coconut water, dairy alternatives, and personal care items are becoming more popular. Even though there are health concerns about the saturated fat in coconut oil, demand for it continues, especially in non-food areas. There is a lot of competition in the beverage, cooking, and personal care industries. To be successful, companies need to be innovative, offer low prices, be environmentally friendly, and be open about where they get their ingredients.
List of Key Companies Profiled
- Axelum Resources Corp.
- The Vita Coco Company, Inc.
- Marico Limited
- Thai Coconut Public Co., Ltd.
- Sambu Group
- Bunge Limited
- Cargill, Incorporated
- Nutiva, Inc.
- Wilmar International Ltd
- Greenville Agro Corporation
By End User
- Industrial
- HoReCa
- Retail
- Supermarkets/Hypermarkets
- Online Retail/E-commerce
- Convenience/Grocery Stores
- Specialty/Gourmet Stores
- Other Retail Type
- Bottles
- Pouches including Tetra Pak
- Tubs/Jars
- Cans & Others
- Coconut Oil
- Coconut Milk
- Coconut Water
- Desiccated Coconut
- Coconut Sugar
- Coconut Flour & Fibre Derivatives
- Other Product Type
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
150 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Coconut Derivatives Market, by End User
- 1.4.2 North America Coconut Derivatives Market, by Packaging
- 1.4.3 North America Coconut Derivatives Market, by Product Type
- 1.4.4 North America Coconut Derivatives Market, by Geography
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Market Trends - North America Coconut Derivatives Market
- Chapter 5. State of Competition - North America Coconut Derivatives Market
- Chapter 6. Competition Analysis – Global
- 6.1 Market Share Analysis, 2024
- 6.2 Porter Five Forces Analysis
- Chapter 7. Value Chain Analysis of Coconut Derivatives Market
- Chapter 8. PLC (Product Life Cycle) - Coconut Derivatives Market
- Chapter 9. Market Consolidation - Coconut Derivatives Market
- Chapter 10. Key Customer Criteria - Coconut Derivatives Market
- Chapter 11. North America Coconut Derivatives Market by End User
- 11.1 North America Industrial Market by Country
- 11.2 North America HoReCa Market by Country
- 11.3 North America Retail Market by Country
- 11.4 North America Coconut Derivatives Market by Retail Type
- 11.4.1 North America Supermarkets/Hypermarkets Market by Region
- 11.4.2 North America Online Retail/E-commerce Market by Region
- 11.4.3 North America Convenience/Grocery Stores Market by Region
- 11.4.4 North America Specialty/Gourmet Stores Market by Region
- 11.4.5 North America Other Retail Type Market by Region
- Chapter 12. North America Coconut Derivatives Market by Packaging
- 12.1 North America Bottles Market by Country
- 12.2 North America Pouches including Tetra Pak Market by Country
- 12.3 North America Tubs/Jars Market by Country
- 12.4 North America Cans & Others Market by Country
- Chapter 13. North America Coconut Derivatives Market by Product Type
- 13.1 North America Coconut Oil Market by Country
- 13.2 North America Coconut Milk Market by Country
- 13.3 North America Coconut Water Market by Country
- 13.4 North America Desiccated Coconut Market by Country
- 13.5 North America Coconut Sugar Market by Country
- 13.6 North America Coconut Flour & Fibre Derivatives Market by Country
- 13.7 North America Other Product Type Market by Country
- Chapter 14. North America Coconut Derivatives Market by Country
- 14.1 US Coconut Derivatives Market
- 14.1.1 US Coconut Derivatives Market by End User
- 14.1.1.1 US Coconut Derivatives Market by Retail Type
- 14.1.2 US Coconut Derivatives Market by Packaging
- 14.1.3 US Coconut Derivatives Market by Product Type
- 14.2 Canada Coconut Derivatives Market
- 14.2.1 Canada Coconut Derivatives Market by End User
- 14.2.1.1 Canada Coconut Derivatives Market by Retail Type
- 14.2.2 Canada Coconut Derivatives Market by Packaging
- 14.2.3 Canada Coconut Derivatives Market by Product Type
- 14.3 Mexico Coconut Derivatives Market
- 14.3.1 Mexico Coconut Derivatives Market by End User
- 14.3.1.1 Mexico Coconut Derivatives Market by Retail Type
- 14.3.2 Mexico Coconut Derivatives Market by Packaging
- 14.3.3 Mexico Coconut Derivatives Market by Product Type
- 14.4 Rest of North America Coconut Derivatives Market
- 14.4.1 Rest of North America Coconut Derivatives Market by End User
- 14.4.1.1 Rest of North America Coconut Derivatives Market by Retail Type
- 14.4.2 Rest of North America Coconut Derivatives Market by Packaging
- 14.4.3 Rest of North America Coconut Derivatives Market by Product Type
- Chapter 15. Company Profiles
- 15.1 Axelum Resources Corp.
- 15.1.1 Company Overview
- 15.1.2 Financial Analysis
- 15.2 The Vita Coco Company, Inc.
- 15.2.1 Company Overview
- 15.2.2 Financial Analysis
- 15.2.3 Segmental and Regional Analysis
- 15.2.4 Research & Development Expenses
- 15.3 Marico Limited
- 15.3.1 Company Overview
- 15.3.2 Financial Analysis
- 15.3.3 Segmental and Regional Analysis
- 15.3.4 Research & Development Expenses
- 15.3.5 SWOT Analysis
- 15.4 Thai Coconut Public Co., Ltd.
- 15.4.1 Company Overview
- 15.5 Sambu Group
- 15.5.1 Company Overview
- 15.6 Bunge Limited
- 15.6.1 Company Overview
- 15.6.2 Financial Analysis
- 15.6.3 Segmental and Regional Analysis
- 15.6.4 Research & Development Expense
- 15.6.5 SWOT Analysis
- 15.7 Cargill, Incorporated
- 15.7.1 Company Overview
- 15.7.2 SWOT Analysis
- 15.8 Nutiva, Inc.
- 15.8.1 Company Overview
- 15.8.2 SWOT Analysis
- 15.9 Wilmar International Ltd.
- 15.9.1 Company Overview
- 15.9.2 Financial Analysis
- 15.9.3 Segmental and Regional Analysis
- 15.10. Greenville Agro Corporation
- 15.10.1 Company Overview
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