Over 90% of coconut production comes from developing nations. Indeed, Indonesia, India and the Philippines are by far the world’s biggest producers and exporters. The Philippines, where we source around half of our coconut products from, produced 14.49 million tonnes of coconuts in 2020. The global market for coconut production is forecast to grow from USD 11.6 billion in 2020 to USD 23.39 billion in 2027. Given that most coconuts are produced on small plantations, this begs the question: does the coconut industry have a sustainable future?
