Product Code: A05122
The global coconut butter market was valued at $986.3 million in 2021, and is projected to reach $1.9 billion by 2031, growing at a CAGR of 7.2% from 2022 to 2031.After the water has been extracted from the coconuts, they are dried and then ground into coconut butter. It is a solid fat extracted from coconut meat that is used to make candles, soap, and ointments. Low temperatures allow it to be kept and preserved for a longer period of time. It is regarded as a natural, nutritious alternative to most processed, fortified butter.
The coconut butter market is analyzed on the basis of nature, end user, distribution channel, and region. On the basis of nature, the market is bifurcated into organic and conventional. On the basis of end user, the market is divided into cosmetics and personal care industry, food & beverage industry, and others. On the basis of distribution channel, it is classified into supermarkets/hypermarkets, convenience stores, online sales channel, and others. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The impact of the COVID-19 outbreak was moderate on the growth of the global coconut butter market. The trade restrictions and lockdown resulted in the halting of production and manufacturing units. however, the recovery of the coconut butter market is expected in near future.
Coconut butter is now a common ingredient in personal care and cosmetic products because consumers throughout, but especially in coastal and tropical countries, perceive it as a healthy element for enhancing attractiveness. Consumers presently demand organic, vegan skin and hair care products, thus cosmetics containing organic coconut butter are usually accepted. Since coconut butter contains triglycerides and continuously saturated medium-chain fatty acids, many personal care firms are replacing the mineral oil in their cosmetics and personal care product lines with coconut oil. In addition, due to the antibacterial qualities of lauric acid, coconut butter has recently become more popular as a moisturizer, detergent, and shampoo ingredient. Coconut butter is a fantastic natural moisturizer. It moisturizes lips and softens them. As a result, producers are including coconut butter in their lip care products.
The key players operating in the coconut butter market have adopted product launch, business expansion, and merger & acquisition as their key strategies to expand their market share, increase profitability, and remain competitive in the market. The major players operating in the global coconut butter market are ANDY ALBAO CORPORATION, Asia Botanicals Sdn. Bhd, Bali Nutra, Ceylon Coconut Company, Dhatu Organics & Naturals, Hallstar Innovations Corp., MaraNatha, Nutretiaa Industries, Phildesco Inc., and United Foods India.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the coconut butter market analysis from 2021 to 2031 to identify the prevailing coconut butter market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the coconut butter market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global coconut butter market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Nature
By End User
- Cosmetics and Personal Care Industry
- Sub-type
- Hair care
- Skin care
- Others
- Food and Beverage Industry
- Others
By Distribution Channel
- Supermarkets/hypermarkets
- Convenience stores
- Online sales channel
- Others
By Region
- North America
- Europe
- Germany
- Netherlands
- UK
- France
- Italy
- Rest of Europe
- Asia-Pacific
- India
- Indonesia
- China
- Philippines
- South Korea
- Vietnam
- Malaysia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Nutretiaa Industries
- Dhatu Organics & Naturals
- Hallstar
- Andy Albao Corporation
- Bali Nutra
- Phildesco Inc
- United Foods India
- MaraNatha
- Asia Botanicals Sdn Bhd
- Ceylon Coconut Company
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Growth in usage of coconut butter in the cosmetics and personal care industry
- 3.4.1.2. Growth in expansion of the retail industry
- 3.4.1.3. Rise in usage of coconut butter in cooking
- 3.4.2. Restraints
- 3.4.2.1. Growth in concerns regarding the high content of saturated fats in coconut butter
- 3.4.2.2. Wide availability of substitutes
- 3.4.3. Opportunities
- 3.4.3.1. Surge in demand for organic coconut butter
- 3.4.3.2. Growth in large number of private label brands
- 3.5. COVID-19 Impact Analysis on the market
- 3.6. Market Share Analysis
- 3.7. Value Chain Analysis
CHAPTER 4: COCONUT BUTTER MARKET, BY NATURE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Organic
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Conventional
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: COCONUT BUTTER MARKET, BY END USER
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Cosmetics and Personal Care Industry
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.2.4. Cosmetics and Personal Care Industry Coconut Butter Market by Sub-type
- 5.2.4.1. Hair care Market size and forecast, by region
- 5.2.4.2. Skin care Market size and forecast, by region
- 5.2.4.3. Others Market size and forecast, by region
- 5.3. Food and Beverage Industry
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Others
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
CHAPTER 6: COCONUT BUTTER MARKET, BY DISTRIBUTION CHANNEL
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Supermarkets/hypermarkets
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Convenience stores
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Online sales channel
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Others
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
CHAPTER 7: COCONUT BUTTER MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key trends and opportunities
- 7.2.2. Market size and forecast, by Nature
- 7.2.3. Market size and forecast, by End User
- 7.2.3.1. North America Cosmetics and Personal Care Industry Coconut Butter Market by Sub-type
- 7.2.4. Market size and forecast, by Distribution Channel
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Key market trends, growth factors and opportunities
- 7.2.5.1.2. Market size and forecast, by Nature
- 7.2.5.1.3. Market size and forecast, by End User
- 7.2.5.1.4. Market size and forecast, by Distribution Channel
- 7.2.5.2. Canada
- 7.2.5.2.1. Key market trends, growth factors and opportunities
- 7.2.5.2.2. Market size and forecast, by Nature
- 7.2.5.2.3. Market size and forecast, by End User
- 7.2.5.2.4. Market size and forecast, by Distribution Channel
- 7.2.5.3. Mexico
- 7.2.5.3.1. Key market trends, growth factors and opportunities
- 7.2.5.3.2. Market size and forecast, by Nature
- 7.2.5.3.3. Market size and forecast, by End User
- 7.2.5.3.4. Market size and forecast, by Distribution Channel
- 7.3. Europe
- 7.3.1. Key trends and opportunities
- 7.3.2. Market size and forecast, by Nature
- 7.3.3. Market size and forecast, by End User
- 7.3.3.1. Europe Cosmetics and Personal Care Industry Coconut Butter Market by Sub-type
- 7.3.4. Market size and forecast, by Distribution Channel
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Germany
- 7.3.5.1.1. Key market trends, growth factors and opportunities
- 7.3.5.1.2. Market size and forecast, by Nature
- 7.3.5.1.3. Market size and forecast, by End User
- 7.3.5.1.4. Market size and forecast, by Distribution Channel
- 7.3.5.2. Netherlands
- 7.3.5.2.1. Key market trends, growth factors and opportunities
- 7.3.5.2.2. Market size and forecast, by Nature
- 7.3.5.2.3. Market size and forecast, by End User
- 7.3.5.2.4. Market size and forecast, by Distribution Channel
- 7.3.5.3. UK
- 7.3.5.3.1. Key market trends, growth factors and opportunities
- 7.3.5.3.2. Market size and forecast, by Nature
- 7.3.5.3.3. Market size and forecast, by End User
- 7.3.5.3.4. Market size and forecast, by Distribution Channel
- 7.3.5.4. France
- 7.3.5.4.1. Key market trends, growth factors and opportunities
- 7.3.5.4.2. Market size and forecast, by Nature
- 7.3.5.4.3. Market size and forecast, by End User
- 7.3.5.4.4. Market size and forecast, by Distribution Channel
- 7.3.5.5. Italy
- 7.3.5.5.1. Key market trends, growth factors and opportunities
- 7.3.5.5.2. Market size and forecast, by Nature
- 7.3.5.5.3. Market size and forecast, by End User
- 7.3.5.5.4. Market size and forecast, by Distribution Channel
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Key market trends, growth factors and opportunities
- 7.3.5.6.2. Market size and forecast, by Nature
- 7.3.5.6.3. Market size and forecast, by End User
- 7.3.5.6.4. Market size and forecast, by Distribution Channel
- 7.4. Asia-Pacific
- 7.4.1. Key trends and opportunities
- 7.4.2. Market size and forecast, by Nature
- 7.4.3. Market size and forecast, by End User
- 7.4.3.1. Asia-Pacific Cosmetics and Personal Care Industry Coconut Butter Market by Sub-type
- 7.4.4. Market size and forecast, by Distribution Channel
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. India
- 7.4.5.1.1. Key market trends, growth factors and opportunities
- 7.4.5.1.2. Market size and forecast, by Nature
- 7.4.5.1.3. Market size and forecast, by End User
- 7.4.5.1.4. Market size and forecast, by Distribution Channel
- 7.4.5.2. Indonesia
- 7.4.5.2.1. Key market trends, growth factors and opportunities
- 7.4.5.2.2. Market size and forecast, by Nature
- 7.4.5.2.3. Market size and forecast, by End User
- 7.4.5.2.4. Market size and forecast, by Distribution Channel
- 7.4.5.3. China
- 7.4.5.3.1. Key market trends, growth factors and opportunities
- 7.4.5.3.2. Market size and forecast, by Nature
- 7.4.5.3.3. Market size and forecast, by End User
- 7.4.5.3.4. Market size and forecast, by Distribution Channel
- 7.4.5.4. Philippines
- 7.4.5.4.1. Key market trends, growth factors and opportunities
- 7.4.5.4.2. Market size and forecast, by Nature
- 7.4.5.4.3. Market size and forecast, by End User
- 7.4.5.4.4. Market size and forecast, by Distribution Channel
- 7.4.5.5. South Korea
- 7.4.5.5.1. Key market trends, growth factors and opportunities
- 7.4.5.5.2. Market size and forecast, by Nature
- 7.4.5.5.3. Market size and forecast, by End User
- 7.4.5.5.4. Market size and forecast, by Distribution Channel
- 7.4.5.6. Vietnam
- 7.4.5.6.1. Key market trends, growth factors and opportunities
- 7.4.5.6.2. Market size and forecast, by Nature
- 7.4.5.6.3. Market size and forecast, by End User
- 7.4.5.6.4. Market size and forecast, by Distribution Channel
- 7.4.5.7. Malaysia
- 7.4.5.7.1. Key market trends, growth factors and opportunities
- 7.4.5.7.2. Market size and forecast, by Nature
- 7.4.5.7.3. Market size and forecast, by End User
- 7.4.5.7.4. Market size and forecast, by Distribution Channel
- 7.4.5.8. Rest of Asia-Pacific
- 7.4.5.8.1. Key market trends, growth factors and opportunities
- 7.4.5.8.2. Market size and forecast, by Nature
- 7.4.5.8.3. Market size and forecast, by End User
- 7.4.5.8.4. Market size and forecast, by Distribution Channel
- 7.5. LAMEA
- 7.5.1. Key trends and opportunities
- 7.5.2. Market size and forecast, by Nature
- 7.5.3. Market size and forecast, by End User
- 7.5.3.1. LAMEA Cosmetics and Personal Care Industry Coconut Butter Market by Sub-type
- 7.5.4. Market size and forecast, by Distribution Channel
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Latin America
- 7.5.5.1.1. Key market trends, growth factors and opportunities
- 7.5.5.1.2. Market size and forecast, by Nature
- 7.5.5.1.3. Market size and forecast, by End User
- 7.5.5.1.4. Market size and forecast, by Distribution Channel
- 7.5.5.2. Middle East
- 7.5.5.2.1. Key market trends, growth factors and opportunities
- 7.5.5.2.2. Market size and forecast, by Nature
- 7.5.5.2.3. Market size and forecast, by End User
- 7.5.5.2.4. Market size and forecast, by Distribution Channel
- 7.5.5.3. Africa
- 7.5.5.3.1. Key market trends, growth factors and opportunities
- 7.5.5.3.2. Market size and forecast, by Nature
- 7.5.5.3.3. Market size and forecast, by End User
- 7.5.5.3.4. Market size and forecast, by Distribution Channel
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
- 9.1. Andy Albao Corporation
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.2. Asia Botanicals Sdn Bhd
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.3. Bali Nutra
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.4. Ceylon Coconut Company
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.5. Dhatu Organics & Naturals
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.6. Hallstar
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.7. MaraNatha
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.8. Nutretiaa Industries
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.9. Phildesco Inc
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.10. United Foods India
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio