In 2023, Kiribati led the global coconut oil market in per capita consumption at 4.91 kg, followed by Vanuatu with 4.5 kg, and Jamaica with 4.17 kg. Samoa and Grenada also showed significant consumption volumes at 3.87 kg and 2.81 kg per capita respectively. Most countries had lower consumption rates, such as India at 0.1 kg and the lowest, shared by several nations at 0.01 kg per capita. These figures illustrate the spread and varying levels of dependency on coconut oil globally.
Future trends to watch for include increased demand in emerging markets like Africa and South America, driven by growing consumer awareness of the health benefits of coconut oil. Additionally, innovations in packaging and product diversification could further influence market growth.
Top countries in Coconut Oil Market Size Volume Per Capita by Country
| # | 10 Countries | Kilograms Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Kiribati | 4.91 | 2023 | View data |
| 2 | 2 Vanuatu | 4.5 | 2023 | View data |
| 3 | 3 Jamaica | 4.17 | 2023 | View data |
| 4 | 4 Samoa | 3.87 | 2023 | View data |
| 5 | 5 Grenada | 2.81 | 2023 | View data |
| 6 | 6 Dominica | 2.07 | 2023 | View data |
| 7 | 7 Sri Lanka | 1.74 | 2023 | View data |
| 8 | 8 Sao Tome and Principe | 1.68 | 2023 | View data |
| 9 | 9 Malaysia | 1.24 | 2023 | View data |
| 10 | 10 Vietnam | 1.13 | 2023 | View data |
