South Korea Coconut Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Coconut Oil, Coconut Water, Coconut Milk, Desiccated Coconut, and others), By Distribution Channel (Supermarket/Hypermarket, Convenience/Grocery Stores, Online Retail Stores, and Others), and South Korea Coconut Market Insights, Industry Trend, Forecasts to 2035

Industry: Food & Beverages

RELEASE DATE Jul 2025
REPORT ID SI13837
PAGES 210
REPORT FORMAT PathSoft

South Korea Coconut Market Insights Forecasts to 2035

  • The South Korea Coconut Market size is Expected to Grow at a CAGR of around 5.4% from 2025 to 2035
  • The South Korea Coconut Market size is expected to hold a significant Share by 2035

South Korea Coconut Market

Get more details on this report -

Request Free Sample PDF

According to a research report published by Spherical Insights & Consulting, the South Korea Coconut Market is anticipated to grow at a CAGR of 5.4% from 2025 to 2035. The market is driven by growing consumer preference for plant-based, nutritious, and versatile products across food, beverage, and personal care categories. Rising health awareness and the popularity of vegan, gluten-free, and clean-label lifestyles further fuel demand for coconut-based ingredients.

 

Market Overview

The South Korean coconut market is witnessing gradual growth as consumers increasingly become interested in natural, plant-based, and functional products. Coconut-based products like oil, water, milk, and dried coconut are becoming increasingly popular in food, beverage, and personal care applications because of their health benefits and functional range. Coconut oil is well-liked as a food and wellness product, while coconut water is in demand for its water retention quality. Coconut milk is applied as a dairy substitute, while desiccated coconut is applied in bakery and confectionery uses. Growth of vegan, gluten-free, and clean-label diets is also propelling consumption of coconut products in everyday intake. Super/hypermarket control distribution but is growing with online shopping and specialist stores. Such drawbacks as high premium and import dependence aside, the market continues to expand with product innovation, diversification of flavor, and growing awareness of sustainable and allergy-free ingredients placing coconut products on a pedestal in South Korea's health-conscious market.

 

Report Coverage

This research report categorizes the market for the South Korea coconut market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea coconut market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea coconut market.

 

South Korea Coconut Market Report Coverage

Report CoverageDetails
Base Year:2024
Forecast Period:2025-2035
Forecast Period CAGR 2025-2035 :5.4%
Historical Data for:2020-2023
No. of Pages:210
Tables, Charts & Figures:118
Segments covered:By Product Type, By Distribution Channel and COVID-19 Impact Analysis
Companies covered:: Archer Daniels Midland Company (ADM), Bunge Limited, Cargill, Celebes Coconut Corporation, Groupe Danone, Nestle S.A., PepsiCo, The Coca-Cola Company, Others.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

Get more details on this report -

Request Free Sample PDF
 

Driving Factors

South Korean coconut market is driven by increased consumer demand for functional food and personal care ingredients, plant, allergen-free products. Coconut derivatives such as milk, water, and oil are appreciated for their healthy values of digestive health, hydration, and healthy fats. Their extensive use is fueled by vegan, gluten-free, and clean-label diets. Increased product distribution in the guise of supermarkets, internet, and health food stores and growing awareness of sustainable and natural products keeps fueling market expansion in the nation.

 

Restraining Factors

The South Korean coconut market is restrained by over-dependence on imports and thus is susceptible to world-wide disruptions in supply and price fluctuations. Moreover, the relatively higher price of premium-priced coconut items and lack of consumer knowledge on some coconut food products can be a restriction on mass popularity acceptance by price- and mass-conscious market segments.

 

Market Segmentation

The South Korea Coconut Market share is classified into product type and distribution channel.

 

  • The coconut oil segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea coconut market is segmented by product type into coconut oil, coconut water, coconut milk, desiccated coconut, and others. Among these, the coconut oil segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Coconut oil is very useful in food, bakery, cosmetic, and hair care uses because it has a high content of lauric acid, moisturizing capability, and versatility. It is an everyday product in food and personal care items, thus one of the largest drivers of South Korea's coconut industry as a whole.

 

  • The supermarket/hypermarket segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea coconut market is segmented by distribution channel into supermarket/hypermarket, convenience/grocery stores, online retail stores, and others. Among these, the supermarket/hypermarket segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. These stores stock a broad selection of coconut products, ranging from food and cooking oil to health and personal care, and as such are the most visible and most desirable point of purchase among consumers looking for premium as well as mass-market coconut products.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea coconut market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Archer Daniels Midland Company (ADM)
  • Bunge Limited
  • Cargill
  • Celebes Coconut Corporation
  • Groupe Danone
  • Nestle S.A.
  • PepsiCo
  • The Coca-Cola Company
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea coconut market based on the below-mentioned segments:

 

South Korea Coconut Market, By Product Type

  • Coconut Oil
  • Coconut Water
  • Coconut Milk
  • Desiccated Coconut
  • Others

South Korea Coconut Market, By Distribution Channel

  • Supermarket/Hypermarket
  • Convenience/Grocery Stores
  • Online Retail Stores
  • Others

 

Need help to buy this report?

Inquiry Before Buy
We'll use cookies to improve and customize your experience if you continue to browse. Is it OK if we also use cookies to show you personalized ads?
Learn more and manage your cookies
Yes, Accept Cookies