Coconut Derivatives Market – Financial, Strategic Performance

According to research by The Insight Partners, the “Coconut Derivatives Market Forecast to 2028 – Impact of COVID-19 and Global Analysis by Product Type (Coconut Oil, Coconut Water, Coconut Milk, others); category (organic, conventional); application (food and beverage, personal care, pharmaceutical, other) and geography”.

Consumers nowadays are looking for organic, non-GMO, premium and clean products due to increased health awareness. Therefore, to respond to emerging consumer trends, coconut derivatives manufacturers are investing in R&D activities to launch products that are clean, label-friendly, certified organic, and free of GMOs (genetically modified organisms). This factor opens up new opportunities in the coconut derivatives market.

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Coconut derivatives consist of coconut milk, coconut water, coconut oil and coconut flour. These products are gaining popularity due to their culinary uses, potential health benefits, and unique flavor. Coconut oil has been used in cooking for many years. It is also used to treat various skin-related issues such as flaking, rashes, dandruff, and itchy scalp. It is also used in various hair care products due to its moisturizing and moisturizing effects. It prevents the scalp from various fungal infections and strengthens the hair roots. Coconut milk is also used in various functional foods and beverages and personal care products. Coconut milk skin care products help soothe and lock in the skin’s natural moisture. Coconut milk and coconut flour are widely used to make foods and beverages with plant-based claims.

The vegan population has grown significantly over the past few years. According to Veganuary (a non-profit organization that encourages people around the world to go vegan for the entire month of January), in 2022 over 620,000 people signed up for the Veganuary campaign and registrations increased by 200%. compared to the last 3 years. People are increasingly adopting a vegan diet due to increased health and sustainability concerns. Consuming plant-based dairy products minimizes carbon footprint, saves water and other natural resources, and reduces overall environmental impact. Consequently, consumers are rapidly turning to herbal products. Coconut derivatives are widely used in herbal products. Thus, the growing trend towards veganism and the growing use of coconut derivatives in vegan products is driving the market for coconut derivatives.

Consumers nowadays are looking for organic, non-GMO, premium and clean products due to increased health awareness. Therefore, to respond to emerging consumer trends, coconut derivatives manufacturers are investing in R&D activities to launch products that are clean, label-friendly, certified organic, and free of GMOs (genetically modified organisms). This factor opens up new opportunities in the coconut derivatives market.

The personal care industry is also growing at a rapid pace with an increasing demand for herbal, natural and own brand products. Therefore, personal care manufacturers use all-natural and herbal ingredients in their products to meet specific consumer demands. Many personal care brands include coconut derivatives, especially coconut milk and coconut oil in their products. For example, Kopari Beauty, Forest Essentials, The Body Shop, and Coco Soul are among the few brands that offer coconut-based skin and hair care. Thus, the growing demand for coconut derivatives in the personal care industry is driving the market for coconut derivatives.

The Company List: Coconut Derivatives Market

Cargill, Incorporated; Barry Callebaut; Lovenature Superfoods; ConnOils LLC; Red V Foods Corp.; Rosun Groups; Sudden; Naturz Organics; DAVIDSUN COCONUT PRODUCTS; and Ingredients Australia Pty Ltd. are key market players profiled in the study. Several other major companies have been researched and analyzed in this research study to get a holistic view of the Coconut Derivatives market and its ecosystem.

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Related reports:

https://www.marketwatch.com/press-release/allulose-market-scope-of-the-report-and-research-methodology-2022-10-13

https://www.marketwatch.com/press-release/functional-beverages-market-high-level-insights-into-the-industry-dynamics-and-growth-pattern-2022-10-13

https://www.marketwatch.com/press-release/functional-foods-market-regional-and-country-level-estimates-and-forecasts-for-global-industry-2022-10-13

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Contact person: Sameer Joshi

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About Us:

The Insight Partners is an industry unique research provider of actionable intelligence. We help our clients find solutions to their research needs through our syndicated research and advisory services. We specialize in industries such as Semiconductors and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Health IT, Manufacturing and Construction, Medical Devices , technology, media and telecommunications, chemicals and materials.

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