Coconut Oil Market size is expected to reach USD 7.4 billion by 2027, recording a CAGR of 5.5%. It is estimated to be valued at USD 5.7 billion in 2022. Coconut oil is a major commercial product of coconut. Increasing applications in cosmeceutical and personal care products, increasing demand for odorless and tasteless coconut RBD oil in the food & beverage industry, and rising demand for clean-label products are expected to drive the market for coconut oil.