Coconut Butter Market is Projected to Reach USD 1, 680.3 million by 2030: Cognitive Market Research

Coconut Butter Market Overview:
What is coconut butter?
Coconut butter is made from shredded and dried coconuts after the water is squeezed out from the coconut. This is used for the manufacturing of ointment, candles, and soap. Coconut butter can be preserved and stored for long periods at low temperatures. This is considered a natural healthy substitute for fortified processed butter. Also, coconut butter is used in the application such as topical and consumption.

Summary:
As per the study of CMR, The Global Coconut Butter market size stood at USD 995.4 million in 2022 and will touch the mark of USD 1, 680.3 million by 2030. The global market is expected to expand at a CAGR of 6.8 % during the forecast period (2023-2030).

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Market Dynamics:
Coconut Butter Market Drivers:
Increasing demand for coconut butter among health-conscious people, due to growing nutritional benefits is the key factor expected to boost the demand for the coconut butter market. In addition, increasing demand for coconut butter in the various end-use industries is likely to drive the growth of the coconut butter market.

Coconut Butter Market Opportunities:
Increasingly contains lauric acid and fiber in organic coconut butter, which lower bad cholesterol is projected to drive the growth opportunities for the coconut butter market in the forecast period.

Coconut Butter Market Restraints:
African and Caribbean nations are facing problems of the lethal yellowing disease in the coconut plantations and this disease decreases coconuts quality and damage plant is anticipated to hamper the growth of the coconut butter market.

Market Segmentation:
Nature:
• Conventional
• Organic
Based on nature, the conventional segment has the largest market share in the coconut butter market. This is attributed to fertilizers and chemical insecticides used in the conventionally grown coconuts and promote development in healthy and prevent pest infestations in the trees and yield by warding off diseases. This is projected to boost the demand for this segment.

End User:
• Food and Beverage Industry
• Cosmetics and Personal Care Industry
• Others
Based on end users, the food and beverage industry segment have the major market share in the coconut butter market, due to the increasing use of coconut butter in the food and beverage industry and rising manufactured foods and consumption of processed in the industry is propelling this segment.

Distribution Channel:
• Online sales channel
• Supermarkets/hypermarkets
• Convenience stores
• Others
Based on the distribution channel, the online sales channel segment has the largest market share in the coconut butter market, due to various benefits such as convenience, time-saving, easily accessible, discounts and offers, and varieties

Competitive Analysis of Coconut Butter Market: Windmill Organics, Windy City Organics, Binnie's Coconut Butter, HallStar Company, Andy Albao, Wichy Plantation, Celebes Coconut, Team Asia, Artisana Organics, Peter Paul Philippines Corporation

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Regional Analysis:
Asia-Pacific accounted for the largest share coconut butter market, in 2022
Asia-Pacific account for the largest revenue share in the coconut butter market over the forecast period. This is attributed to increasing awareness about the benefits of coconut and use of coconut products in the region.

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Coconut Butter Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Coconut Butter Market Segmentation
1.5.1 Coconut Butter Market Regional Fragmentation
1.5.1 Coconut Butter Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Coconut Butter Market
• 3.1 Global Coconut Butter Market Size 2018 - 2030, (USD Million)
• 3.2 Global Coconut Butter Value, Absolute & Opportunity Analysis
• 3.3 Global Coconut Butter Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Coconut Butter Market Statistics 2022: Snapshot
Chapter 4 Global Coconut Butter Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Coconut Butter Market by Nature Segmentation Analysis (2018-2030)
Chapter 10 Global Coconut Butter Market by Distribution Channel Segmentation Analysis (2018-2030)
Chapter 11 Global Coconut Butter Market by End User Segmentation Analysis (2018-2030)
Chapter 12 Global Coconut Butter Market Regional Analysis
Chapter 13 North America Coconut Butter Market Outlook (2018 - 2030)
Chapter 14 Europe Coconut Butter Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Coconut Butter Market Outlook (2018 - 2030)
Chapter 16 Latin America Coconut Butter Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Coconut Butter Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
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Related Report:
• Coconut Products Market- https://www.cognitivemarketresearch.com/coconut-products-market-report
• Coconut Sugar Market- https://www.cognitivemarketresearch.com/coconut-sugar-market-report
• Coconut Powder Market- https://www.cognitivemarketresearch.com/coconut-powder-market-report
• Coconut Syrup Market- https://www.cognitivemarketresearch.com/coconut-syrup-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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