1. Coconut Product Industry Chain Analysis
Upstream: The upstream of coconut products includes the planting and harvesting of coconuts. Major coconut-producing countries include Indonesia, the Philippines, India, Sri Lanka, etc., which provide the main raw materials for coconut products.
Table Upstream Raw Material Suppliers of Coconut Products with Contact Information
| Raw Material | Suppliers | Contact Information |
| Coconut | Agrio Coco | Web: agriococo.comTel: +6281280088122Add: Jl. Udayana No.7, Singaraja, Kec. Buleleng, Kabupaten Buleleng, Bali 81114, Indonesia |
| Ecoco prima indonesia | Web: www.exportcocomodity.comTel: +6289665509625Add: jl.jendral ahmad yani pandeglang banten, Indonesia. | |
| Asia Coconut Indonesia | Web: asiacoconutindonesia.comTel: +62 822 11112568Add: Infiniti Office, Arcade Business Center 6th floor unit 6-03. Jl. Pantai Indah Utara 2 Kav. C1, Kapuk Muara, Kec Penjaringan, DKI Jakarta, 14460 |
Midstream: The midstream is the coconut product manufacturer, which is responsible for processing and production. Some companies have business overlaps between the upstream and midstream of the industry chain, that is, vertical business integration.
Table Global Coconut Products Manufacturers Geographical Distribution
| Manufacturers | Headquarters | Market Distribution |
| Yeshu | China | Worldwide |
| Sambu Group (PT Pulau Sambu) | Indonesia | Worldwide |
| Vita Coco | USA | Worldwide |
| Companhia Alimentícia do Vale | Brazil | Mainly in Americas and Europe |
| Thai Coconut Public Company Limited | Thailand | Worldwide |
| So Delicious | Canada | Worldwide |
| Ducoco Alimentos SA | Brazil | Worldwide |
| Celebes Coconut Corp | Philippines | Worldwide |
| Peter Paul Philippine Corp. (Phildesco Inc.) | Philippines | Worldwide |
| NDC Exports Pvt Ltd | Sri Lanka | Worldwide |
| Metshu Exports (Pvt) Ltd | Sri Lanka | Worldwide |
| Dutch Plantin | India | Worldwide |
| Naked Juice | USA | Mainly in North America and Europe |
| Coco Colima SA | Mexico | Mainly in Americas |
| Geewin Exim | India | Worldwide |
| Diton Inc. | USA | Mainly in North America |
Downstream: The downstream includes various sales channels, such as supermarkets/hypermarkets, convenience stores/grocery stores, and online retail stores. Customer groups include individual consumers, food and beverage processing companies, cosmetics manufacturers, restaurants, hotels, etc.
Table Coconut Products Customers
| Customers | Contact Information |
| Mondelez International | Web: www.mondelezinternational.comTel: +1 847-943-4000Add: 905 West Fulton Market, Suite 200, Chicago, IL, 60607, USA |
| Tyson Foods | Web: www.tysonfoods.comTel: 479-290-4000Add: 2200 W. Don Tyson Parkway, Springdale, AR 72762, USA |
| L’Oréal | Web: www.loreal.comTel: +33 (0)1 47 56 70 00Add: 41, Rue Martre 92117 Clichy Cedex France |
| Procter & Gamble | Web: us.pg.comTel: (513) 983-1100Add: One Procter & Gamble Plaza, Cincinnati, OH 45202, USA |
| Darden Restaurants | Web: www.darden.comTel: 407-245-4000Add: 1000 Darden Center Drive, Orlando, FL 32837, USA |
| InterContinental Hotels Group PLC | Web: www.ihgplc.comTel: +44 (0) 1753 972 000Add: Windsor Dials 1, Arthur Road, Windsor, Berkshire, SL4 1RS, UK |
The coconut product industry has formed a complete and mature chain from coconut planting, processing, and production to sales. With the popularization of the Internet and the rapid development of e-commerce platforms, the proportion of online sales has gradually increased. The market size of coconut products in online retail stores has increased from $2,052.92 million in 2019 to $6,274.56 million in 2030, showing a rapid growth trend.
2. Driving Forces Behind Coconut Product Market Growth:
Health and Beauty Demand: The increase in the use of coconut ingredients in cosmetics and personal care products due to the increase in skin problems caused by lifestyle changes has driven the demand for coconut products.
Plant-based Food Trends: With the growth of plant-based diets, vegetarianism, and organic foods, coconut products are becoming more and more popular as an alternative to dairy and meat.
Energy Drink Innovation: Coconut water, as a leader in plant-based water drinks, is popular for its low natural sugar and electrolyte content, especially for rehydration after exercise.
Technological Progress: Mechanization and precision agricultural technology have improved the efficiency and yield of coconut planting, and deep processing has increased the added value and market competitiveness of coconut products.
Sustainability and Environmental Protection: Consumers’ increased demand for clean-label products has driven the demand for natural and minimally processed coconut products.
Economic Upgrading: Rising incomes lead to a focus on food quality, prompting innovation in the coconut industry.
Global Reach: Cross-border e-commerce is expanding the global presence of coconut products.
3. Challenges to Coconut Product Market:
Climate Change: Global climate change may have an impact on coconut cultivation by affecting temperature, CO2 concentrations, precipitation changes, etc.
Supply Chain Challenges: These include post-harvest losses, transportation restrictions, and inadequate storage facilities, which pose challenges to B2B coconut product traders and customers.
Land Use and Biodiversity: The expansion of coconut plantations leads to deforestation and biodiversity loss, which may cause negative reactions from environmental laws and consumers.
Competition and Substitutes: The coconut product market is subject to fierce competition from synthetic substitutes and other plant-based products, and consumers seek various plant-based alternatives.
Allergies and Health Issues: Although rare, coconut allergies and saturated fats in coconut oil may pose health risks.
Inadequate Technology and Infrastructure: In areas where coconut products are produced, the lack of advanced agricultural technology, processing equipment, and infrastructure limits production and efficiency.
4. Global Coconut Products Sales Estimates and Forecasts
Figure Global Coconut Products Sales (K Tons) Estimates and Forecasts 2019-2030
5. Global Coconut Products Revenue Estimates and Forecasts 2019-2030
Figure Global Coconut Products Revenue (M USD) Estimates and Forecasts 2019-2030
From 2019 to 2030, the coconut product market exhibited a pattern of fluctuating yet ultimately positive growth in both sales and revenue. Although 2020 witnessed a decline in sales due to global events, including the COVID-19 pandemic, the market demonstrated resilience with a swift recovery and sustained growth. By 2030, global sales of coconut products are projected to hit 37,824.4 thousand tons, highlighting the market’s significant growth potential and optimistic outlook for the future.
