Australia Coconut Products Market and Growth Potential: A Comprehensive Market Analysis and Forecast, 2023-2030 | Latest Study by RationalStat

- Advertisement -

The Australia coconut products market is projected to reach US$ 1,340.3 million by 2030, exhibiting a CAGR of 8.4%.

Wilmington, Delaware, Oct. 19, 2023 (GLOBE NEWSWIRE) — Australia Coconut Products Market value is estimated at US$ 762.1 million in 2023 and is expected to grow at a significant CAGR of over 8.4% over the forecast period of 2023-2030, according to the latest market report by RationalStat

Market Definition, Market Scope, and Report Overview

Coconut products refer to various goods derived from the coconut palm (Cocos nucifera) tree. These products are versatile and widely used in cooking, baking, cosmetics, and other applications. Some common coconut products include coconut oil, coconut water, coconut milk, coconut cream, shredded coconut, coconut flour, and coconut sugar.

Coconut products are versatile and can be used in a wide range of culinary applications, from savory dishes to desserts. The popularity of various cuisines, such as Thai, Indian, and Caribbean, which extensively use coconut-based ingredients, has contributed to the growing demand for coconut products.

  • According to a deep-dive market assessment by RationalStat, the Australia coconut products market has been analyzed on the basis of market segments, including product, application and geography/regions (including Western Australia, Southern Australia, Eastern Australia, Northern and Central Australia). The report also offers Australia and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
  • Market intelligence for the Australia coconut products market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
  • In addition, the long-term sector and products/services 10-year outlook and its implications on the Australia coconut products market. It also includes the industry’s current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

Request A Customization-

Australia Coconut Products Market: Segmental and Market Share Analysis

  • On the basis of product, in 2022, coconut oil had the highest revenue share of roughly 55%. Coconut oil is strong in beneficial saturated fats, which can increase fat burning and replenish energy levels in the body.
  • On the basis of application, in 2022, the cosmetic application sector held over 62% of the market. Coconut oil or coconut milk is used in a variety of skin and hair care products.

Report Synopsis

Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 762.1 million
Market Size Forecast US$ 1,340.3 million
Growth Rate 8.4 %
Key Market Drivers
  • Health and wellness trend
  • Rising veganism and plant-based diets
  • Multiple uses cases including cooking, personal care, etc.
  • Expanding beauty and personal care industry
Companies Profiled
  • Cocobella (Made Brands Pty Ltd)
  • RAW C
  • Niulife
  • Organic Merchant Pty Ltd
  • Dr Superfoods, Inc.
  • JT’s Coconut Essence
  • H2COCO
  • Great Earth Pty Ltd
  • Taste Nirvana

Explore more about this report-

Competition Analysis and Market Structure

Leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the Australia coconut products market include,

  • In July 2021, Vita Coco rebranded as Public Benefit Corporation (PBC) to emphasise their dedication to producing better products. The company was founded to increase procurement by utilising this PBC structure to support economic growth and assist coconut producers facing challenges in sustainable development.

Some of the prominent players and suppliers operating and contributing significantly to the Australia coconut products market growth include Cocobella (Made Brands Pty Ltd), RAW C, C-COCONUT WATER, Niulife, Organic Merchant Pty Ltd, Dr Superfoods, Inc., JT’s Coconut Essence, H2COCO, Great Earth Pty Ltd, and Taste Nirvana, among others.

Get A Free Sample-

RationalStat has segmented the Australia coconut products market based on product, application and region

  • Australia Coconut Products Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Product
    • Coconut Oil
    • Coconut Water
    • Coconut Milk/Cream
    • Others
  • Australia Coconut Products Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Application
    • Cosmetics
    • Food & Beverages
    • Others
  • Australia Coconut Products Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Region
    • Australia Coconut Products Market
      • Western Australia
      • Southern Australia
      • Eastern Australia
      • Northern and Central Australia

For more information about this report-

Key Questions Answered in the Coconut Products Report:

  • What will be the market value of the Australia Coconut Products market by 2030?
  • What is the market size of the Australia Coconut Products market?
  • What are the market drivers of the Australia Coconut Products market?
  • What are the key trends in the Australia Coconut Products market?
  • Which is the leading region in the Australia Coconut Products market?
  • What are the major companies operating in the Australia Coconut Products market?
  • What are the market shares by key segments in the Australia Coconut Products market?  

Running a year End discount of 20%-

Explore Our Trending Reports

  • Global Brewery Equipment MarketGlobal Brewery Equipment Market is expected to grow at a CAGR of 5.8% over the forecast period of 2022-2028
  • Global Micro Irrigation MarketGlobal Micro Irrigation Market is expected to grow at a CAGR of 11.4% over the forecast period of 2022-2028
  • Global Plant-based Food MarketGlobal plant-based food market is estimated to witness a strong CAGR of over 12.5% over the period of 2019-2030.
  • Global Food Sorting and Grading MarketGlobal food sorting and grading market is expected to grow at a CAGR of around 4.4% during the forecast period of 2023-2030 and was valued at US$ 2.0 billion in 2022.
  • Global Dairy Alternatives MarketGlobal dairy alternatives market is expected to witness a robust growth rate of more than 10% during the forecast period.
  • Global Dairy MarketGlobal dairy market is estimated to witness a moderate growth rate of around 5% during the period of 2019–2028.
  • Global Vegan Chocolate MarketGlobal vegan chocolate market is expected to grow at a CAGR of 9.6% during the forecast period of 2022-2028.
  • Global Smoked Yeast MarketThe rising popularity of plant-based and vegan diets is driving the demand for alternative ingredients that can provide unique flavors and enhance the taste of vegetarian and vegan dishes.
  • Global Fox Nuts MarketGlobal fox nuts market is expected to reach US$ 120 million by the end of 2023 and is poised to grow with a CAGR of 8.2% from 2023-2030.
  • Global Cooking Ingredient Honey Market Global Cooking Ingredient Honey Market is expected to grow at a significant CAGR over the forecast period of 2022-2028

Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

  • Defining the problem by understanding the type of market and data required by the client.
  • Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
  • Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
  • Evaluating and analyzing the data by referring to data sources utilized and leveraged.
  • Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

Download Key Insights and Market Data – Raise a Query

About RationalStat LLC                    

RationalStat is an end-to-end Australia market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support Australia and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.

RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.


RationalStat LLC

Kimberly Shaw,

Content and Press Manager

[email protected]

US Phone: +1 302 803 5429

UK Phone:  +44 203-287-1245

LinkedIn | FacebookTwitterInstagramPinterest

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Agrigate Global takes no editorial responsibility for the same.