United States Coconut Products Market Size, Share, and COVID-19 Impact Analysis, By Product (Coconut Water, Coconut Oil, Coconut Milk, and Others), By Application (Food and Beverages, Cosmetics, and Others), and US Coconut Products Market Insights, Industry Trend, Forecasts to 2035

USA Coconut Products Market Insights Forecasts to 2035

• The US Coconut Products Market Size was Estimated at USD 4.43 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 6.72% from 2025 to 2035
• The USA Coconut Products Market Size is Expected to reach USD 9.06 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the US Coconut Products Market is anticipated to reach USD 9.06 billion by 2035, growing at a CAGR of 6.72% from 2025 to 2035. The growing demand for coconut-based products in the US is driven by increased awareness of their benefits and the growing demand for plant-based diets. This trend presents an opportunity for manufacturers and food processing companies to expand their product portfolio and enhance consumer outreach.

Market Overview

The manufacture, shipment, and consumption of coconut-based products such as oil, water, milk, flour, and snacks used in a variety of industries are each included in the United States coconut products market. Coconuts are fruit-bearing perennial crops that produce anywhere from 30 to 75 fruits annually. Depending on the type of coconut, the nut-shaped fruit grows on trees that range in height. Certain formulations and recipes can benefit from the mild flavor and creamy texture that coconuts and coconut oil can offer. While refined coconut oil might not be as strong and could be useful for stir-frying and deep-fat frying, virgin coconut oil has a rich coconut flavor that might last after baking or cooking. coconut oil is used to sauté aromatics, coconut milk, and vegetables; it absorbs some of the coconut's sweetness and adds its fragrance to the food and leading to the market expansion.

Report Coverage

This research report categorizes the market for the US coconut products 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 US coconut products market. Recent market developments and competitive strategies such as expansion, product launch, 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 US coconut products market.

Driving Factors

Rising magnitude of coconut cultivation and growing awareness of health benefits:

The availability of raw materials and tropical climates has led to an increase in coconut cultivation. As a result, the market is less vulnerable to supply chain interruptions brought on by climate-related events. In an attempt to meet the rising demand for products based on coconuts, the increased availability of coconuts makes it easier to scale production. Consumer awareness of the health advantages of coconut-based products, such as enhanced heart and metabolism, is driving the market for coconut products. Products made from coconut are frequently marketed as natural and organic substitutes, which fits in with consumers' increasing desire for healthier options. Because of their versatility, coconut milk, coconut cream, and other non-dairy alternatives are becoming progressively more popular.

Growing need for coconut products in cosmetics and food, and beverage industry:

Coconut products' versatility in culinary applications, such as baking and cooking, is driving market growth in the food and beverage sector. Coconut flour is gaining popularity as a gluten-free alternative, while coconut oil remains a common cooking medium. As coconut water is widely consumed, flavored coconut water, milk blends, and desiccated coconut have emerged. Additionally, coconut-based ingredients are utilized in the cosmetics and personal care industries due to their moisturizing and skin-friendly properties. The use of coconut oil in skincare and haircare products exemplifies how the trend towards sustainability is fostering the incorporation of biodegradable and environmentally friendly ingredients in the personal care and cosmetics sector.

Restraining Factors

The heavy reliance on imports, price volatility due to climate conditions and farming issues, sustainability concerns due to large-scale coconut farming, and regulatory and trade barriers like import restrictions, tariffs, and food safety regulations may impede the growth of the market.

Market Segmentation

The USA coconut products market share is classified into product and application.

• The coconut oil segment held the largest market share of 52.95% in 2024 and is expected to grow at a significant CAGR during the forecast period.

The US coconut products market is segmented by product into coconut water, coconut oil, coconut milk, and others. Among these, the coconut oil segment held the largest market share of 52.95% in 2024 and is expected to grow at a significant CAGR during the forecast period. This is attributed to the high content of healthy saturated fats, burns the fat, promotes the good cholesterol level in the body, is used for skin care, and encourages hair growth with shiny appeal.

• The cosmetics segment accounted for the largest market share of 60.27% in 2024 and is expected to grow at a significant CAGR during the forecast period.

The US coconut products market is segmented by application into food and beverages, cosmetics, and others. Among these, the cosmetics segment accounted for the largest market share of 60.27% in 2024 and is expected to grow at a significant CAGR during the forecast period. The sector growth is ascribed to the growing use of coconut oil or milk as anti-aging cream, haircare and skincare products, and rich antioxidants.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the US coconut products 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

• PepsiCo
• Keebler Foods
• Coca-Cola Co
• Taste Nirvana
• The Vita Coco Co Inc
• Others

Recent Developments:

• In May 2025, Vita Coco, the top U.S. coconut water brand, introduced a new flavor called Piña Colada with pulp, perfect for the sunny season. This tropical drink combines juicy pineapple flavors with hydrating coconut water for a refreshing, bold taste, complete with satisfying coconut pulp.

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 the United States, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the US coconut products market based on the below-mentioned segments:

US Coconut Products Market, By Product

• Coconut Water
• Coconut Oil
• Coconut Milk
• Others

US Coconut Products Market, By Application

• Food and Beverages
• Cosmetics
• Others