If you are looking for profitable coconut-based business opportunities, you have landed at the right place. Here in this article, we have compiled a list of the most lucrative coconut business ideas for new entrepreneurs.
Coconut products offer various health benefits. It includes hydration, improved digestion, increased metabolism, and healthy skin, and hair. They are rich in nutrients, fiber, and healthy fats. However, it is important to educate customers about the potential allergenicity or individual sensitivities to coconut products.
Table of Contents
List of 16 Coconut Business Ideas
#1. Coconut Candy
You can prepare coconut candy from grated coconut meat mixed with coconut milk. It is a very delicious food item. Additionally, the manufacturing process is simple. Also, the product has good export potential.
#2. Coconut Chips
Basically, coconut chips are thinly sliced crispy coconut meat. However, it may come as sweetened or salted and may come in handy as a ready-to-eat snack food. You can prepare this with the coconut meat slice of eleven to twelve-month-old nuts.
Suggested Read: Coconut Farming Business Guide
#3. Coconut Fiberboard
Coconut fiberboard is a useful and innovative product. It is used in buildings and construction for interior and exterior purposes. Coconut fibreboard is a panel product manufactured from coir. These cost-effective products can be used in making roofs-false ceilings, doors & door frames, Furniture, Cupboards, Wardrobes, Tables, Chairs, and Beds. The product is very popular because of its attractive natural look and good smooth appearance on both sides. The manufacturing process is simple.
#4. Coconut Honey
Generally, you can produce coconut honey from coconut water. Basically, the water contains many growth-promoting trace elements besides glucose, fructose, and levulose. First of all, filter the coconut water. Evaporate and blend with a little golden syrup to produce coconut honey.
#5. Coconut Milk Powder
Coconut milk powder is obtained by spray-drying coconut milk or coconut cream and used in a variety of confectionery products and culinary preparations. These include biscuits, ice creams, chutneys sambhar powder, etc. Being easy to use, it finds the preference to coconut itself. The coconut powder obtained by spray drying is water dispersible with a natural taste. Thus, it finds additional use in confectionery products. It is one of the most lucrative coconut-based business ideas.
#6. Coconut Oil Manufacturing
Basically, coconut oil is popular in the country as cooking oil, hair oil, body oil, and industrial oil. Coconut oil is made from fully dried copra having a maximum moisture content of six percent. Steam cooking of copra is also practiced by some millers to enhance the quality and aroma of the oil.
Coconut oil is marketed in bulk as well as in packs ranging from sachets containing 5 ml. to 15kg tins. The branded coconut oil in small packs is mainly marketed as hair oil and body oil.
#7. Coconut Syrup
Coconut syrup, a translucent, free-flowing liquid was prepared by cooking coconut milk with an equal amount of refined sugar and di-sodium-phosphate equivalent to 0.25% of the volume of the milk, until the mixture attained a TSS content of 68-70 percent. It was used as a topping for bakery products or as a mixer in alcoholic drinks or may be diluted in water and used in cooking rice cakes and other delicacies.
#8. Coconut Vinegar
Generally, you can produce coconut vinegar from fermented coconut water. It is a preservative and flavoring agent in pickles, salads, sauces, and many other condiments. Coconut vinegar is similar to other fermented spoonfuls of vinegar such as apple cider and balsamic vinegar. Coconut vinegar is white and cloudy with a very pungent acidic taste and a hint of yeast. The product is appropriate for diabetic patients, as it is very low on the glycemic index. This natural vinegar enjoys export market potential in place of synthetic vinegar.
#9. Desiccated Coconut Powder
Basically, desiccated coconut is a mass-consumer item. Therefore, it has a good market. Desiccated coconut may find a good market in areas where coconuts are not produced. Nowadays the food habits of our people are changing very fast and a number of food items are being introduced every day where desiccated coconut may also find use. So there is a good scope for new small-scale units to come up in this line of manufacture.
#10. Packaged Coconut Water
Tender coconut water enjoys great potential as a health drink. This is one of the most profitable coconut-based business ideas for entrepreneurs. Coconut water is a recent phenomenon on a global scale. Coconut water is a new category but very much on trend with where consumers are going today. The health & wellness trend is continuing to grow in all markets.
It has a strong value proposition being a functional but low-sugar alternative to 100% juice. Coconut water continues to make significant gains globally, with new product introductions steadily increasing over the last three years. Products are often blended with fruit juices, offering consumers a functional, low-sugar alternative to 100% fruit juices. The Coconut Development Board in collaboration with Defence Food Research Laboratory, Mysore has developed the technology for packing tender coconut water in pouches/aluminum cans.
#11. Coconut-based Skincare Products
Coconut has moisturizing, nourishing, and anti-inflammatory properties. These qualities make it an excellent ingredient for skincare products. You can create a line of natural and organic skincare items such as coconut oil soaps, body butter, lip balms, or face masks.
#12. Coconut-based Snacks
There is a growing demand for healthy, gluten-free, and vegan products. You can create a line of coconut-based snacks that cater to this demand. One can make products like coconut chips, energy balls, granola bars, or cookies that incorporate shredded coconut, coconut flour, or coconut oil.
#13. Coconut-based Haircare Products
Coconut oil is known to promote hair growth, repair damaged hair, and nourish the scalp. You can develop a range of coconut-based haircare products like shampoos, conditioners, hair masks, or serums. Market them as natural, chemical-free alternatives for healthy and lustrous hair.
#14. Coconut-based Home Decor
You can make unique and stylish products like coconut shell candles, coconut fiber rugs or mats, coconut shell planters, or coconut wood furniture. There is a big demand for natural and ethically sourced home decor options globally.
#15. Sweetened Condensed Coconut Milk
Coconut skims milk is an essential item in the preparation of sweetened condensed coconut milk. Powdered dairy skim milk was added for protein fortification and other ingredients were corn oil, coconut cream, and sugar. This is one of the most innovative coconut-based business ideas.
#16. Virgin Coconut Oil
Virgin coconut oil (VCO), extracted from fresh coconut meat without chemical processes is said to be the “mother of all oils”. It is rich in medium-chain fatty acids, particularly lauric acid, and is a treasure trove of minerals, vitamins, and antioxidants, and is an excellent nutraceutical. This is one of the most value-added coconut-based business ideas.