Global Coconut Market was valued US$ 9.81 Bn and is expected to reach US$ 16.92 Bn by 2027 at a CAGR of 7.05 % during the forecast period. Nigerian farmers and exporters can tap into the $4billion global coconut market to earn foreign exchange to improve their livelihood as demand continue to rise with key producers struggling to keep up. Coconut oil is majorly produced in countries like India, Indonesia, and the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). the coconut yellow lethal disease, an important demand in peeled nuts towards Nigeria market and the weak dynamism of its institutional organization. This report provides an in-depth analysis of the coconut market in Nigeria. Because we are not utilizing the opportunities that lies in coconut farming. Nigeria is the 18th producers of coconut in the world and we are not even there yet. But in countries like Nigeria, the coconut oil market is … 10%. If you cultivate 10 hectares of hybrid dwarf coconut trees, you will get about 200,000 coconuts. Most of the coconut trees in Nigeria are aged and not producing well again. Different coconut products, their market and usesAnd so much more!Coconut Oil ProductionCoconut oil is one of the leading products generated from coconut farming. ₦ 12,000. Coconuts’ remarkable level of resilience means that they can be grown on a wide variety of soils, although they do require a relatively […] Dallas, Texas, Jan. 30, 2020 (GLOBE NEWSWIRE) -- Global Coconut Market 2020-2025: In Order to cater the increasing population, there has been a constant demand for the ingredients from food industry. There are many snacks referred to as coconut candy, but this sweet, chewy Coconut Candy is the one we make in Nigeria. Viva Naturals Organic Extra Virgin Coconut Oil, 16 Ounce. The data obtained from the UN office shows that Nigeria spent $219,446.53 and $293,214.22 on coconut importation in 2019 and 2018 respectively, an amount higher than … It is a very easy snack to make, if … ₦ 9,000. There is need for us to create value chain for both local and International consumption especially now that the export market … Next year, we are set to launch 2000 coconut estate phase one in Edo state and our target is the US coconut oil production market.” On the possibility of coconut estate in Nigeria Shop for Coconut Oil from a Huge Collection - Get Best Coconut Oil Online from Jumia Nigeria | Fast Delivery - Free Returns. 46%. Cold Pressed Virgin Coconut Oil- 480ml (2 Bottles) ₦ 6,500. ₦ 10,000. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Add To Cart. 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