1. Global Top Coconut Products Regions Historical & Forecast Revenue
The global coconut product market is on an upward trajectory, with the Asia-Pacific region leading in size, seeing revenues jump from $9,088.20 million in 2019 to a projected $18,700.00 million by 2030. This growth is fueled by economic expansion and a rising demand for premium coconut products in the region. North America and Europe also exhibit steady growth, with North America’s revenue expected to rise from $6,421.09 million in 2019 to $12,700.7 million by 2030. Despite starting from a smaller base, Latin America the Middle East, and Africa are experiencing rapid growth, indicating significant potential.
Each region has different advantages and disadvantages, but in general, the development of the global coconut product market is driven by increased health awareness, consumption upgrading, and global trade growth. With the advancement and innovation of science and technology, the coconut product industry will usher in new development opportunities and launch more types of products to meet the diverse needs of consumers. At the same time, the popularization of environmental protection concepts has also made consumers pay more attention to the environmental attributes of coconut products when choosing them, prompting the coconut industry to continue to develop in a more environmentally friendly and sustainable direction.
Table Global Top Coconut Products Regions by Revenue (M USD) (2019-2024)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
North America | 6,421.09 | 5,827.07 | 6,645.34 | 7,045.50 | 7,755.28 | 8,481.40 |
Asia Pacific | 9,088.20 | 8,271.38 | 9,416.57 | 10,044.38 | 11,095.03 | 12,151.25 |
Europe | 5,089.83 | 4,602.11 | 5,234.79 | 5,566.67 | 6,173.13 | 6,761.37 |
Latin America | 954.79 | 872.57 | 983.24 | 1,051.53 | 1,171.35 | 1,289.28 |
Middle East and Africa | 462.91 | 431.63 | 505.57 | 552.51 | 621.35 | 703.25 |
Total | 22,016.82 | 20,004.75 | 22,785.50 | 24,260.59 | 26,816.13 | 29,386.56 |
Table Global Top Coconut Products Regions by Revenue (M USD) (2024-2030)
| 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
North America | 8,481.40 | 9,326.89 | 10,100.74 | 10,523.75 | 11,278.37 | 12,134.11 | 12,700.70 |
Asia Pacific | 12,151.25 | 13,343.12 | 14,447.50 | 15,170.49 | 16,441.77 | 17,735.41 | 18,700.00 |
Europe | 6,761.37 | 7,410.74 | 7,981.84 | 8,296.31 | 8,979.99 | 9,643.69 | 10,061.68 |
Latin America | 1,289.28 | 1,423.14 | 1,545.15 | 1,620.23 | 1,759.32 | 1,907.20 | 2,016.39 |
Middle East and Africa | 703.25 | 790.77 | 884.97 | 948.56 | 1,047.48 | 1,162.68 | 1,249.56 |
Total | 29,386.56 | 32,294.66 | 34,960.21 | 36,559.35 | 39,506.92 | 42,583.09 | 44,728.33 |
2. Top Coconut Producing Countries Production Analysis
Table Top Coconut Producing Countries Production (K Tons) (2019-2024)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Indonesia | 17,000 | 16,800 | 17,100 | 17,190 | 17,557 | 17,882 |
Philippines | 14,765 | 14,491 | 14,717 | 14,931 | 15,417 | 15,869 |
India | 14,682 | 14,006 | 14,301 | 13,317 | 13,459 | 13,682 |
Brazil | 2,349 | 2,434 | 2,465 | 2,744 | 2,935 | 3,157 |
Sri Lanka | 2,469 | 2,234 | 2,496 | 2,204 | 2,361 | 2,552 |
Indonesia is the world’s largest coconut producer, with production growing steadily from 17,000 kilotonnes in 2019 to 17,882 kilotonnes in 2024. This is due to its favorable climatic conditions and extensive coconut cultivation area, government support for agriculture and technological innovation, which also promotes production growth.
Figure Indonesia Coconut Products Sales (K Tons) and Growth (2019-2024)
India’s coconut output witnessed a decline from 14,682 KT in 2019 to 13,682 KT by 2024, potentially attributable to factors such as climate change, pestilence, and the need for enhanced agricultural practices and variety enhancement.
Figure India Coconut Products Sales (K Tons) and Growth (2019-2024)
Brazil’s strong government support for agriculture and expansion of coconut cultivation area have promoted production growth, with coconut production increasing from 2,349 kilotonnes in 2019 to 3,157 kilotonnes in 2024.
Figure Brazil Coconut Products Sales (K Tons) and Growth (2019-2024)
3. North America Coconut Products Market Size by Type & Application
Growing preference for plant-based and natural products in North America and the adoption of coconut ingredients in various food, beverage, and cosmetic applications are driving market growth.
From the sales volume of coconut products in North America, in the type segment, Coconut Water occupies the largest market, with sales of 2,254.1 K Tons in 2023, and sales are expected to reach 3,427.6 K Tons in 2030, an increase of 1,173.5K Tons. Coconut Oil ranks second, with sales of 1,153.9 K Tons in 2023. Desiccated Coconut occupies the smallest market, with sales of 120.5 K Tons in 2023.
Table North America Coconut Products Sales (K Tons) by Type (2019-2030)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Desiccated Coconut | 94.2 | 89.5 | 101.2 | 111.1 | 120.5 | 132.3 |
Coconut Cream | 512.5 | 469.1 | 501.4 | 514.8 | 539.7 | 572.5 |
Coconut Milk | 326.7 | 298.7 | 320.0 | 325.6 | 344.9 | 364.2 |
Coconut Oil | 1,114.5 | 1,016.0 | 1,082.9 | 1,105.8 | 1,153.9 | 1,215.1 |
Coconut Water | 2,121.5 | 1,945.7 | 2,083.0 | 2,137.3 | 2,254.1 | 2,395.7 |
Others | 886.8 | 825.7 | 896.0 | 945.6 | 1,002.2 | 1,079.3 |
Total | 5,056.2 | 4,644.7 | 4,984.6 | 5,140.2 | 5,415.4 | 5,759.1 |
| 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
Desiccated Coconut | 146.2 | 163.4 | 184.8 | 199.5 | 217.5 | 237.9 |
Coconut Cream | 609.9 | 644.2 | 681.2 | 710.6 | 748.6 | 789.3 |
Coconut Milk | 387.6 | 410.3 | 430.0 | 453.2 | 475.2 | 500.6 |
Coconut Oil | 1,289.4 | 1,357.9 | 1,428.1 | 1,482.9 | 1,550.8 | 1,628.7 |
Coconut Water | 2,554.9 | 2,699.6 | 2,847.8 | 2,986.3 | 3,148.6 | 3,319.9 |
Others | 1,169.8 | 1,254.2 | 1,363.3 | 1,437.7 | 1,537.6 | 1,649.4 |
Total | 6,157.7 | 6,529.6 | 6,935.2 | 7,270.3 | 7,678.4 | 8,125.9 |
Table North America Coconut Products Sales (K Tons) by Application (2019-2030)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Supermarket/Hypermarket | 1,387.3 | 1,277.5 | 1,375.1 | 1,420.9 | 1,501.0 | 1,601.4 |
Convenience/Grocery Stores | 2,251.1 | 1,938.3 | 1,939.3 | 1,995.9 | 2,084.5 | 2,197.1 |
Online Retail Stores | 610.7 | 680.9 | 863.2 | 885.3 | 942.5 | 1,012.5 |
Others | 807.1 | 748.1 | 807.0 | 838.2 | 887.3 | 948.2 |
Total | 5,056.2 | 4,644.7 | 4,984.6 | 5,140.2 | 5,415.4 | 5,759.1 |
| 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
Supermarket/Hypermarket | 1,716.4 | 1,825.5 | 1,942.8 | 2,042.2 | 2,163.7 | 2,295.4 |
Convenience/Grocery Stores | 2,324.3 | 2,439.9 | 2,586.1 | 2,685.8 | 2,809.4 | 2,939.4 |
Online Retail Stores | 1,094.2 | 1,173.9 | 1,240.0 | 1,313.6 | 1,401.4 | 1,499.0 |
Others | 1,022.9 | 1,090.2 | 1,166.3 | 1,228.6 | 1,303.8 | 1,392.1 |
Total | 6,157.7 | 6,529.6 | 6,935.2 | 7,270.3 | 7,678.4 | 8,125.9 |
4. Europe Coconut Products Market Size by Type & Application
From the sales volume of European coconut products, in the type segment, Coconut Water occupies the largest market, with sales of 1,644.9 K Tons in 2023, and sales are expected to reach 2,557.0 K Tons in 2030, an increase of 912.1 K Tons. Coconut Oil ranks second, with sales of 764.0 K Tons in 2023. Desiccated Coconut occupies the smallest market, with sales of 141.1 K Tons in 2023.
Table Europe Coconut Products Sales (K Tons) by Type (2019-2030)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Desiccated Coconut | 128.8 | 119.3 | 126.0 | 129.0 | 141.1 | 144.7 |
Coconut Cream | 442.1 | 403.6 | 430.1 | 441.6 | 468.0 | 495.7 |
Coconut Milk | 260.6 | 232.5 | 243.1 | 238.5 | 251.6 | 260.9 |
Coconut Oil | 736.2 | 667.0 | 706.7 | 723.1 | 764.0 | 807.2 |
Coconut Water | 1,496.5 | 1,381.0 | 1,482.9 | 1,550.0 | 1,644.9 | 1,754.2 |
Others | 1,101.4 | 1,008.2 | 1,081.4 | 1,110.6 | 1,188.8 | 1,276.4 |
Total | 4,165.6 | 3,811.7 | 4,070.3 | 4,192.8 | 4,458.3 | 4,739.1 |
| 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
Desiccated Coconut | 156.1 | 162.9 | 171.7 | 186.8 | 190.4 | 203.2 |
Coconut Cream | 526.8 | 554.6 | 586.5 | 618.5 | 650.6 | 684.3 |
Coconut Milk | 270.9 | 279.9 | 282.9 | 296.9 | 305.7 | 314.2 |
Coconut Oil | 851.3 | 891.2 | 939.1 | 987.4 | 1,036.0 | 1,081.4 |
Coconut Water | 1,882.5 | 1,995.8 | 2,145.5 | 2,265.0 | 2,397.0 | 2,544.0 |
Others | 1,359.9 | 1,441.2 | 1,524.5 | 1,623.8 | 1,731.3 | 1,825.8 |
Total | 5,047.4 | 5,325.6 | 5,650.2 | 5,978.3 | 6,311.0 | 6,652.8 |
Table Europe Coconut Products Sales (K Tons) by Application (2019-2030)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Supermarket/Hypermarket | 1,203.0 | 1,103.5 | 1,181.9 | 1,219.9 | 1,300.7 | 1,387.1 |
Convenience/Grocery Stores | 1,714.5 | 1,463.8 | 1,449.7 | 1,492.6 | 1,569.6 | 1,649.5 |
Online Retail Stores | 506.6 | 559.8 | 703.8 | 717.9 | 773.4 | 832.5 |
Others | 741.5 | 684.6 | 734.8 | 762.4 | 814.6 | 870.0 |
Total | 4,165.6 | 3,811.7 | 4,070.3 | 4,192.8 | 4,458.3 | 4,739.1 |
| 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
Supermarket/Hypermarket | 1,480.8 | 1,567.2 | 1,666.0 | 1,767.6 | 1,871.9 | 1,978.1 |
Convenience/Grocery Stores | 1,735.7 | 1,810.7 | 1,920.1 | 2,007.3 | 2,093.1 | 2,177.8 |
Online Retail Stores | 895.9 | 956.1 | 1,004.5 | 1,076.8 | 1,151.1 | 1,226.0 |
Others | 934.9 | 991.6 | 1,059.6 | 1,126.6 | 1,195.0 | 1,271.0 |
Total | 5,047.4 | 5,325.6 | 5,650.2 | 5,978.3 | 6,311.0 | 6,652.8 |
5. Asia Pacific Coconut Products Market Size by Type & Application
From the sales volume of coconut products in Asia Pacific, in the type segment, Coconut Water occupies the largest market, with sales of 5,256.3 K Tons in 2023, and sales are expected to reach 8,446.3 K Tons in 2030, an increase of 3,190 K Tons. Coconut Oil ranks second, with sales of 1,350.7 K Tons in 2023. Desiccated Coconut occupies the smallest market, with sales of 490.0 K Tons in 2023.
Table Asia Pacific Coconut Products Sales (K Tons) by Type (2019-2030)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Desiccated Coconut | 364.1 | 349.9 | 410.6 | 447.6 | 490.0 | 491.3 |
Coconut Cream | 1,016.8 | 942.1 | 1,019.2 | 1,063.4 | 1,135.1 | 1,221.4 |
Coconut Milk | 563.0 | 519.9 | 563.0 | 582.6 | 628.4 | 676.3 |
Coconut Oil | 1,235.1 | 1,134.9 | 1,217.6 | 1,264.1 | 1,350.7 | 1,444.0 |
Coconut Water | 4,756.8 | 4,398.6 | 4,738.7 | 4,915.6 | 5,256.3 | 5,702.2 |
Others | 2,666.6 | 2,500.6 | 2,735.3 | 2,912.0 | 3,137.1 | 3,418.1 |
Total | 10,602.4 | 9,846.0 | 10,684.5 | 11,185.2 | 11,997.7 | 12,953.4 |
| 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
Desiccated Coconut | 549.3 | 636.5 | 714.1 | 777.5 | 773.7 | 855.6 |
Coconut Cream | 1,316.4 | 1,406.3 | 1,510.2 | 1,603.2 | 1,712.0 | 1,825.2 |
Coconut Milk | 726.6 | 776.9 | 827.5 | 887.7 | 948.2 | 1,007.7 |
Coconut Oil | 1,543.4 | 1,635.2 | 1,747.4 | 1,856.8 | 1,970.0 | 2,083.0 |
Coconut Water | 6,129.0 | 6,512.2 | 6,944.8 | 7,381.8 | 7,950.7 | 8,446.3 |
Others | 3,728.8 | 4,027.6 | 4,413.3 | 4,728.3 | 5,112.8 | 5,517.4 |
Total | 13,993.4 | 14,994.7 | 16,157.2 | 17,235.4 | 18,467.3 | 19,735.3 |
Table Asia Pacific Coconut Products Sales (K Tons) by Application (2019-2030)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Supermarket/Hypermarket | 2,389.5 | 2,224.4 | 2,421.2 | 2,539.7 | 2,731.6 | 2,958.6 |
Convenience/Grocery Stores | 5,792.0 | 5,162.1 | 5,364.2 | 5,614.8 | 5,986.2 | 6,423.4 |
Online Retail Stores | 1,034.5 | 1,160.5 | 1,482.2 | 1,536.8 | 1,669.6 | 1,824.5 |
Others | 1,386.3 | 1,299.0 | 1,416.9 | 1,494.0 | 1,610.3 | 1,746.9 |
Total | 10,602.4 | 9,846.0 | 10,684.5 | 11,185.2 | 11,997.7 | 12,953.4 |
| 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
Supermarket/Hypermarket | 3,203.9 | 3,443.6 | 3,717.9 | 3,976.8 | 4,274.7 | 4,579.2 |
Convenience/Grocery Stores | 6,893.9 | 7,341.8 | 7,910.0 | 8,383.8 | 8,924.8 | 9,471.9 |
Online Retail Stores | 1,991.5 | 2,158.6 | 2,303.6 | 2,488.9 | 2,699.3 | 2,914.6 |
Others | 1,904.1 | 2,050.8 | 2,225.8 | 2,385.8 | 2,568.6 | 2,769.6 |
Total | 13,993.4 | 14,994.7 | 16,157.2 | 17,235.4 | 18,467.3 | 19,735.3 |
