According to Our company, the Coconut Oil Market is estimated to be valued at USD 5.7 billion in 2022 and is projected to reach USD 7.4 billion by 2027, recording a CAGR of 5.5%, in terms of value. Increase in awareness regarding the various benefits of coconut oil compared to its synthetic counterparts has resulted in an upsurge in the demand for coconut oil over the past few years.