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LAMEA Extra Virgin Coconut Oil Market Size, Share & Trends Analysis Report By End Use (B2B, and B2C.), Based on Packaging (Metal Cans, Plastic Bottles, and Pouches), By Type, (Organic, and Conventional), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 123 Pages
  • April 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5955273
The Latin America, Middle East and Africa Extra Virgin Coconut Oil Market would witness market growth of 11.0% CAGR during the forecast period (2024-2031). In the year 2026, the LAMEA market's volume is expected to surge to 145.16 hundred tonnes, showcasing a growth of 12.2% (2024-2031).

Organic Extra Virgin Coconut Oil (OEVCO) has witnessed a surge in demand due to its versatile uses and numerous advantages. In the culinary realm, OEVCO serves as a healthier alternative to traditional cooking oils, boasting a high smoke point and a distinctive flavor. Thus, the Argentina market consumed 7.60 hundred tonnes of extra virgin coconut oil in the market 2023.



The Brazil market dominated the LAMEA Extra Virgin Coconut Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $105.2 Million by 2031. The Argentina market is registering a CAGR of 11.8% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 10.6% during (2024 - 2031).

Consumers increasingly seek organic and sustainable products, including EVCO. They will pay premium prices for certified organic, fair trade, or sustainably sourced products. As a result, there's a growing market for EVCO that is produced using eco-friendly and ethical practices.

Moreover, EVCO is a sought-after ingredient in cosmetics and personal care products because of its nourishing and moisturizing qualities. Companies are incorporating EVCO into skincare formulations, hair care products, and cosmetics to capitalize on its natural and sustainable appeal.

The Dubai Chamber of Commerce and Industry signifies that eCommerce will develop $8 billion in sales by 2025 as the UAE region has nearly 100% internet and mobile phone penetration. Customers in the UAE can easily and conveniently buy EVCO products from the comfort of their homes or mobile devices due to e-commerce platforms.

Based on End Use, the market is segmented into B2B, and B2C. Based on Packaging, the market is segmented into Metal Cans, Plastic Bottles, and Pouches. Based on Type, the market is segmented into Organic, and Conventional. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Nutiva, Inc.
  • Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG)
  • Garden of Life
  • Forest Essentials
  • MaxCare
  • Barlean's Organic Oils, LLC
  • Spectrum Organic Products LLC (Hain Celestial Group)
  • Celebes Coconut Corporation
  • Healthy Traditions, Inc.
  • PT.Universal Coco Indonesia

Market Report Segmentation

By End Use (Volume, Hundred Tonnes, USD Billion, 2020-2031)
  • B2B
  • B2C
By Packaging (Volume, Hundred Tonnes, USD Billion, 2020-2031)
  • Metal Cans
  • Plastic Bottles
  • Pouches
By Type (Volume, Hundred Tonnes, USD Billion, 2020-2031)
  • Organic
  • Conventional
By Country (Volume, Hundred Tonnes, USD Billion, 2020-2031)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Extra Virgin Coconut Oil Market, by End Use
1.4.2 LAMEA Extra Virgin Coconut Oil Market, by Packaging
1.4.3 LAMEA Extra Virgin Coconut Oil Market, by Type
1.4.4 LAMEA Extra Virgin Coconut Oil Market, by Country
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 Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Extra Virgin Coconut Oil Market by End Use
4.1 LAMEA B2B Market by Country
4.2 LAMEA B2C Market by Country
Chapter 5. LAMEA Extra Virgin Coconut Oil Market by Packaging
5.1 LAMEA Metal Cans Market by Country
5.2 LAMEA Plastic Bottles Market by Country
5.3 LAMEA Pouches Market by Country
Chapter 6. LAMEA Extra Virgin Coconut Oil Market by Type
6.1 LAMEA Organic Market by Country
6.2 LAMEA Conventional Market by Country
Chapter 7. LAMEA Extra Virgin Coconut Oil Market by Country
7.1 Brazil Extra Virgin Coconut Oil Market
7.1.1 Brazil Extra Virgin Coconut Oil Market by End Use
7.1.2 Brazil Extra Virgin Coconut Oil Market by Packaging
7.1.3 Brazil Extra Virgin Coconut Oil Market by Type
7.2 Argentina Extra Virgin Coconut Oil Market
7.2.1 Argentina Extra Virgin Coconut Oil Market by End Use
7.2.2 Argentina Extra Virgin Coconut Oil Market by Packaging
7.2.3 Argentina Extra Virgin Coconut Oil Market by Type
7.3 UAE Extra Virgin Coconut Oil Market
7.3.1 UAE Extra Virgin Coconut Oil Market by End Use
7.3.2 UAE Extra Virgin Coconut Oil Market by Packaging
7.3.3 UAE Extra Virgin Coconut Oil Market by Type
7.4 Saudi Arabia Extra Virgin Coconut Oil Market
7.4.1 Saudi Arabia Extra Virgin Coconut Oil Market by End Use
7.4.2 Saudi Arabia Extra Virgin Coconut Oil Market by Packaging
7.4.3 Saudi Arabia Extra Virgin Coconut Oil Market by Type
7.5 South Africa Extra Virgin Coconut Oil Market
7.5.1 South Africa Extra Virgin Coconut Oil Market by End Use
7.5.2 South Africa Extra Virgin Coconut Oil Market by Packaging
7.5.3 South Africa Extra Virgin Coconut Oil Market by Type
7.6 Nigeria Extra Virgin Coconut Oil Market
7.6.1 Nigeria Extra Virgin Coconut Oil Market by End Use
7.6.2 Nigeria Extra Virgin Coconut Oil Market by Packaging
7.6.3 Nigeria Extra Virgin Coconut Oil Market by Type
7.7 Rest of LAMEA Extra Virgin Coconut Oil Market
7.7.1 Rest of LAMEA Extra Virgin Coconut Oil Market by End Use
7.7.2 Rest of LAMEA Extra Virgin Coconut Oil Market by Packaging
7.7.3 Rest of LAMEA Extra Virgin Coconut Oil Market by Type
Chapter 8. Company Profiles
8.1 Nutiva, Inc.
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Acquisition and Mergers:
8.1.3 SWOT Analysis
8.2 Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG)
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Garden of Life, LLC (Nestle S.A)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 SWOT Analysis
8.4 Forest Essentials
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Maxcare
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Barlean's Organic Oils, LLC
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Spectrum Organic Products LLC (Hain Celestial Group)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Celebes Coconut Corporation
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Healthy Traditions, Inc.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. PT. Universal Coco Indonesia
8.10.1 Company Overview
8.10.2 SWOT Analysis

Companies Mentioned

  • Nutiva, Inc.
  • Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG)
  • Garden of Life
  • Forest Essentials
  • MaxCare
  • Barlean's Organic Oils, LLC
  • Spectrum Organic Products LLC (Hain Celestial Group)
  • Celebes Coconut Corporation
  • Healthy Traditions, Inc.
  • PT. Universal Coco Indonesia

Methodology

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