Aug 25, 2021 (The Expresswire) -- The global coconut extracts market size is projected to expand at a notable speed owing to the increasing number of studies being conducted to investigate the efficacy of coconut oil against the COVID-19 infection. These insights have been shared by Fortune Business Insights™ in its report, titled “ Coconut Extracts Market, 2019-2026 ”. Coconut extracts offer a host of health advantages and their potential in fighting the coronavirus is being thoroughly studied. In the Philippines, for instance, clinical trials are being held at the Philippine General Hospital to investigate the effectiveness of the antiviral properties of virgin coconut oil in treating moderate to severe COVID-19 symptoms in patients. In island countries, such as the Philippines, where coconuts are available in abundance, these extracts can prove to be instrumental in providing speedy treatment to COVID patients. Another study, published in India’s prestigious Journal of Association of Physicians (JAPI), coconut oil releases lauric acid, a type of saturated fatty acid, which is easily synthesized by the body. Turning into monolaurin upon synthesis, this acid can destroy various pathogens, including viruses and fungi. According to the study, people from Kerala have been able to fight the coronavirus better than the other states is because they consume large amounts of coconut oil on a regular basis.
List of Key Players Covered in the Coconut Extracts Market Report:
Sauer Brands, Inc.
McCormick and Company, Inc.
Natural Value Inc.
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The market segments include:
By form, the market has been categorized into liquid and powder. Based on application, the market has been divided into food and beverages, cosmetics, and personal care. In terms of region, the market has been grouped into North America, Europe, Asia Pacific, South America, and the Middle East and Africa.
Highlights of the Report:
The report offers industry-leading research into the factors driving the market growth, as well as a detailed analysis of the factors restraining the market. Apart from this, the report contains holistic assessment of the market segments. In addition, broad and deep diagnosis of the regional developments and competitive dynamics of the market have also been provided in the report.
Probable Adverse Health Effects of Coconut Extracts May Diminish Demand
While coconut extracts, particularly coconut oil, have proven to be highly useful in warding off diseases, they are also likely to entail certain adverse effects on the human body. For example, one of the primary concerns surrounding coconut oil is that it contains saturated fat. The fatty acids present in coconut can elevate LDL (cholesterol) levels, causing physicians to dissuade heart patients from consuming coconut derivatives. Even though coconut oil raises HDL (good cholesterol) levels as well, it is negligible in comparison to LDL. Furthermore, if a person is sensitive to coconuts, consuming their extracts can lead to allergic reactions, such as vomiting, eczema, nausea, and in extreme cases, facial swelling and rapid palpitations. Several experts have, in fact, recommended substituting coconut oil with natural oils extracted from plants such as canola, safflower, olives, and soybean. These serious disadvantages may limit the coconut extracts market growth in the foreseeable future.
Major Segments includes: