Top Companies in Virgin Coconut Oil Market | Industry Top Key Players Comprehensive Research Report by VMR

Virgin Coconut Oil is the crude coconut oil derived by an expeller squeezing from dried coconut.

Top Companies in Virgin Coconut Oil Market | Industry Top Key Players Comprehensive Research Report by VMR
virgin coconut market

Upcoming Trends in Virgin Coconut Oil Market 

The Global Virgin Coconut Oil Market is valued at USD 2.3 Billion in the year 2021 and is expected to reach a value of USD 4 Billion by the year 2028. The Global Market is projected to grow to exhibit a Compound Annual Growth Rate (CAGR) of 9.7% over the forecast period. Virgin Coconut Oil Market (VCO) is a product that can be produced from fresh coconut meat, milk, or residue. Over the years, it has become known as a popular functional food oil. It is considered to be the newest, high-value coconut product, very much sought for its Nutraceutical benefits, as well as a functional food. Its increasing popularity can be attributed to numerous studies showing its beneficial effects. Several studies have investigated the pharmacological properties of Virgin Coconut Oil Market including anti-inflammatory, analgesic, antipyretic, antioxidant, anti-stress, and antimicrobial properties. Furthermore, other studies have also investigated the bone loss prevention as well as cardioprotective effects of VCO. For example, the administration of Virgin Coconut Oil Market in animal studies (i.e., Sprague-Dawley rats) showed a significant antithrombotic effect compared to copra oil. The effects were comparable with sunflower oil-fed animals.

Some of the key players operating in the virgin coconut market are listed below:

Company Name

Revenue in USD

  • Edward and Sons Trading Company

$26 Million

  • Mahavir Coconut Industries (MaxCare)

$439 Million

  • Greenville Agro

<$5 Million

  • Hain Celestial Group

$1 Billion

  • Barlean’s Organic Oils LLC

$20 Million

  • Nutiva, Inc.

$100 Million


  1. Edward and Sons Trading Company

Edward & Sons supports plant-based diets, organic agriculture, fair trade, and other sustainable practices. They are known for quality holding natural, organic, gluten-free, vegetarian, and vegan products.

  1. Mahavir Coconut Industries (MaxCare)

Mahavir Coconut Industries (Estd. 1983) is the leading manufacturer of {{keyword}} in the brand name MaxCare in India. Their manufacturing facilities are based in Tumkur, Karnataka, and have an installed capacity of 15 tonnes of Desiccated Coconut Powder and 500 liters of {{keyword}} per day.

  1. Greenville Agro

Greenville Agro Corporation (GAC) was founded in 1990 in the Philippines and emerged as one of the country’s largest export-oriented companies. GAC is a manufacturer and exporter of Banana Chips, Desiccated Coconut, Virgin Coconut Oil, Coconut Fiber, Coconut Peat, Coconut Chips, and Dried Fruits. GAC’s plant is located in General Santos City, Philippines. The island’s abundant natural wealth led the company to diversify and produce quality products for the global market.

  1. Hain Celestial Group

The Hain Celestial Group, Inc. is an American food company whose main focus is foods and personal care products. The company is listed as HAIN (NASDAQ) in the stock market.

  1. Barlean’s Organic Oils LLC

Barlean's has been in business for 30 years with quality supplements to help people reach their full potential. They are known for products with omegas and make a wide variety of flax and fish oil products as well as seed blends, powdered greens, and more. The company is a privately held organization.  

  1. Nutiva, Inc.

Nutiva crafts a robust portfolio of USDA Certified Organic and Non-GMO Project Verified food products across culinary oils, spreads, and nutrition categories. Nutiva is committed to supporting regenerative agriculture, organic farming communities, and combating climate change.

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