The importance of research and development of virgin coconut oil in food, pharmaceutical, nutraceutical and cosmeceutical industries

Abstract

Virgin coconut oil (VCO) is widely known as the purest and least refined form of coconut oil. Many claims the contents in VCO are beneficial for humans’ health. VCO is accepted as natural functional food and has mostly been commercialized in the form of liquid or encapsulated in soft gels. VCO is also a popular ingredient used in the cosmeceutical industry, especially in hair and body care products. The percent usage of VCO increases tremendously over the years. The market demands for VCO is forecasted to be increased by 9% for the next five years. Even though many studies have been conducted on VCO, research and development studies in terms of processing, safety, efficacy, and benefits of VCO need to be continued to maximize the utilization of VCO and meet the needs of the market.