Virgin coconut oil (VCO) is the purest form of coconut oil. Introduced onto the world market at the end of the 20th century, it is one of the highest value products derived from the fresh coconut. It is growing in popularity as functional food oil and the public awareness of it is increasing. It is the oil obtained from the fresh and mature kernel of coconut by mechanical or natural means, with or without the use of heat, without undergoing chemical refining, bleaching or deodorizing, and which does not lead to the alteration of the nature of the oil.
Coconut oil is extensively used for food and industrial purposes. The oil is rich in medium chain fatty acids and exhibits good digestibility.
The growing demand for virgin coconut oil (VCO) in the international market is expected to directly benefit coconut farmers in the State, with the Coconut Development Board (CDB) initiating steps to help local farmers set up their own large-scale VCO units. “The demand for VCO in the international market has increased considerably. This year, it is estimated that VCO exports from India would touch Rs 75 crore. Thus, due to demand it is a good project for entrepreneurs to invest.
Few Indian Major Players are as under
• Andhra Pradesh State Civil Supplies Corpn. Ltd.
• ConfroAgros Ltd.
• Diligent Industries Ltd.
• K P L Oil Mills Pvt. Ltd.
• Prima Industries Ltd.
• Raj Oil Mills Ltd.
• Sambandam Solvent Extraction Ltd.
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