| Product Code: ETC5011987 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Canada coconut oil market, the import trend showcased significant growth from 2023 to 2024, with a growth rate of 24.52%. The compound annual growth rate (CAGR) for the period of 2020 to 2024 stood at 14.93%. This surge in imports can be attributed to shifting consumer preferences towards healthier cooking oils and an increase in demand for natural and organic products in the market.
The coconut oil market in Canada is expanding as consumers increasingly seek natural and organic products for cooking, skincare, and haircare. Coconut oil is used in a variety of industries, including food and beverage, cosmetics, and personal care. The market is driven by the growing demand for plant-based, healthy alternatives to traditional oils, as well as the rising popularity of natural beauty products.
The coconut oil market in Canada is expanding due to the growing popularity of coconut oil in both the food and personal care industries. As consumers seek healthier alternatives to traditional cooking oils and natural ingredients in skincare products, the demand for coconut oil is rising. Its widespread use in vegan and plant-based products further contributes to market growth.
In the coconut oil market, Canada faces challenges related to import dependence, leading to vulnerability to price fluctuations. There is also growing pressure to source sustainably and ethically, which can increase operational costs.
The coconut oil market in Canada is influenced by government policies on food safety, trade, and sustainability. Regulations under the Canadian Food Inspection Agency (CFIA) ensure that coconut oil products meet safety and quality standards. Trade policies and sustainability initiatives impact the import and pricing of coconut oil, shaping market dynamics.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Coconut Oil Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Coconut Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Coconut Oil Market - Industry Life Cycle |
3.4 Canada Coconut Oil Market - Porter's Five Forces |
3.5 Canada Coconut Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Canada Coconut Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Canada Coconut Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Canada Coconut Oil Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.9 Canada Coconut Oil Market Revenues & Volume Share, By Price Point, 2021 & 2031F |
4 Canada Coconut Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of coconut oil |
4.2.2 Growing demand for natural and organic products in Canada |
4.2.3 Rising popularity of coconut oil in cooking, skincare, and hair care industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like coconuts can impact the cost of production |
4.3.2 Competition from other vegetable oils like olive oil and avocado oil |
4.3.3 Regulatory challenges related to labeling, quality standards, and import/export regulations |
5 Canada Coconut Oil Market Trends |
6 Canada Coconut Oil Market Segmentations |
6.1 Canada Coconut Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Coconut Oil Market Revenues & Volume, By Virgin Coconut Oil, 2021-2031F |
6.1.3 Canada Coconut Oil Market Revenues & Volume, By Coconut RBD Oil, 2021-2031F |
6.2 Canada Coconut Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Coconut Oil Market Revenues & Volume, By Food industry, 2021-2031F |
6.2.3 Canada Coconut Oil Market Revenues & Volume, By agriculture, 2021-2031F |
6.2.4 Canada Coconut Oil Market Revenues & Volume, By Cosmetics and personal care industry, 2021-2031F |
6.2.5 Canada Coconut Oil Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.6 Canada Coconut Oil Market Revenues & Volume, By Others, 2021-2031F |
6.3 Canada Coconut Oil Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Canada Coconut Oil Market Revenues & Volume, By Direct distribution, 2021-2031F |
6.3.3 Canada Coconut Oil Market Revenues & Volume, By Convenience stores, 2021-2031F |
6.3.4 Canada Coconut Oil Market Revenues & Volume, By Modern trade units, 2021-2031F |
6.3.5 Canada Coconut Oil Market Revenues & Volume, By E-Commerce, 2021-2031F |
6.3.6 Canada Coconut Oil Market Revenues & Volume, By Others, 2021-2031F |
6.4 Canada Coconut Oil Market, By Packaging |
6.4.1 Overview and Analysis |
6.4.2 Canada Coconut Oil Market Revenues & Volume, By Bottle, 2021-2031F |
6.4.3 Canada Coconut Oil Market Revenues & Volume, By Jar, 2021-2031F |
6.4.4 Canada Coconut Oil Market Revenues & Volume, By Can, 2021-2031F |
6.4.5 Canada Coconut Oil Market Revenues & Volume, By Pouch, 2021-2031F |
6.4.6 Canada Coconut Oil Market Revenues & Volume, By Tanks, 2021-2031F |
6.4.7 Canada Coconut Oil Market Revenues & Volume, By Others, 2021-2031F |
6.5 Canada Coconut Oil Market, By Price Point |
6.5.1 Overview and Analysis |
6.5.2 Canada Coconut Oil Market Revenues & Volume, By Mass, 2021-2031F |
6.5.3 Canada Coconut Oil Market Revenues & Volume, By Premium, 2021-2031F |
7 Canada Coconut Oil Market Import-Export Trade Statistics |
7.1 Canada Coconut Oil Market Export to Major Countries |
7.2 Canada Coconut Oil Market Imports from Major Countries |
8 Canada Coconut Oil Market Key Performance Indicators |
8.1 Consumer satisfaction and loyalty metrics (e.g., repeat purchases, customer reviews) |
8.2 Growth in the number of coconut oil product offerings in the market |
8.3 Adoption rate of coconut oil in new applications or industries |
9 Canada Coconut Oil Market - Opportunity Assessment |
9.1 Canada Coconut Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Canada Coconut Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Canada Coconut Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Canada Coconut Oil Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.5 Canada Coconut Oil Market Opportunity Assessment, By Price Point, 2021 & 2031F |
10 Canada Coconut Oil Market - Competitive Landscape |
10.1 Canada Coconut Oil Market Revenue Share, By Companies, 2024 |
10.2 Canada Coconut Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |