One of the world’s most versatile products, the coconut is classified as tropical fruit, which is at once a fruit, a seed and a nut. The coconut tree can provide sources of food, fuel, medicine or even building material due to its versatility. Coconut oil- extracted from the dried meat of coconut is the most expensive byproduct of coconut and has recently taken over the western world for its all purpose utility and health benefits. Coconut oil is among the prevalent vegetable oils accessible to consumers around the world. The global production volume of coconut oil reached approximately 3.57 million metric tons in 2020- 2021.
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01:06 - Overview
03:00 - Why Coconut oil is expensive?
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