The global coco peat industry in 2024 continues to thrive, driven by the increasing demand for sustainable agricultural solutions and eco-friendly alternatives in gardening, horticulture, and landscaping. Coco peat, a natural byproduct of coconut husks, is valued for its water retention, soil conditioning properties, and environmental benefits. As a versatile and sustainable product, coco peat is used extensively in potting mixes, hydroponic systems, and as a soil amendment for both large-scale commercial agriculture and small-scale home gardening.

In 2024, the coco peat export market remains highly competitive, with several prominent coco peat suppliers leading the charge in the global supply chain. In this blog, we will discuss coco peat suppliers across the globe. Also, whether you are looking for information on countries exporting coco peat, global coco peat exporters, or top destinations for global coco peat exports, contact us through Tendata for better export data.

Global Coco Peat Market Overview

The global coco peat export market in 2024 has reached a total value of $101.36 million, with 7,191 recorded trades. The product's demand has surged in recent years due to its environmentally friendly properties, making it an attractive alternative to peat moss and other synthetic soil amendments. The market is heavily influenced by the growing awareness of sustainable agriculture, especially in the context of organic farming and water-efficient farming practices.

India remains the dominant player in the global coco peat market, accounting for the majority of the exports. This is due to the country’s large coconut production industry, coupled with its established export infrastructure and cost-effective manufacturing processes. Other countries involved in the coco peat trade, including Sri Lanka, Indonesia, and the Philippines, have also seen a growing presence in the market.

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Leading Coco Peat Suppliers in 2024

Several suppliers dominate the global coco peat market, particularly from India, which is a major hub for coco peat production due to its vast coconut cultivation industry. Below are the top coco peat suppliers by market share and export value:

1. VAIGHAI AGRO PRODUCTS LIMITED – $14.77 Million (14.57% of Total Exports)

Vaighai Agro Products Limited, based in India, is the largest supplier of coco peat in 2024, holding a 14.57% share of the global market with exports worth $14.77 million. Known for its high-quality coco peat products, Vaighai Agro exports to a wide range of countries, including those in Europe, North America, and the Middle East. The company's success is attributed to its commitment to sustainability and eco-friendly production practices.

2. ABIAGRO SOLUTIONS INDIA PRIVATE LIMITED – $14.71 Million (14.51%)

Closely following is Abiagro Solutions India Private Limited, also based in India, with $14.71 million in exports, capturing 14.51% of the market share. This company is recognized for its efficient production methods and strong distribution networks, which enable it to supply coco peat in large quantities to international markets.

3. WASSYA INTERTRADE PVT LTD – $6.33 Million (6.25%)

Wassya Intertrade Pvt Ltd, another leading exporter from India, holds a 6.25% share of the coco peat export market, with $6.33 million in exports. The company specializes in high-quality coco peat products for both agricultural and horticultural purposes, offering various forms of coco peat, including briquettes, blocks, and loose material.

4. HOROMBAWA COIR PVT LTD – $4.05 Million (3.99%)

Horombawa Coir Pvt Ltd, an established player in the industry, is ranked fourth, with exports valued at $4.05 million, contributing 3.99% to the global market. The company has a reputation for producing premium-grade coco peat and is known for its adherence to international standards and quality certifications.

5. BOTANICOIR INDIA PRIVATE LIMITED – $2.68 Million (2.65%)

Botanicoir India Private Limited comes in fifth with $2.68 million in coco peat exports, capturing 2.65% of the market. Botanicoir has established a strong presence in both domestic and international markets, focusing on environmentally friendly and efficient production methods to supply various coco peat products to customers worldwide.

6. TRINITY COIR PRODUCTS AND EXPORTS – $1.81 Million (1.78%)

Trinity Coir Products and Exports is ranked sixth with $1.81 million in exports, representing 1.78% of the global market. The company provides a wide range of coir-based products, with a focus on premium coco peat for gardening and agricultural purposes, and has seen strong demand in international markets, especially for its high-quality blocks and briquettes.

7. SRI SELVANAYAKI AMMAN EXPORTS – $1.78 Million (1.76%)

Sri Selvanayaki Amman Exports is another significant player in the industry, with $1.78 million in exports, accounting for 1.76% of the market. Based in India, the company is known for its quality coco peat products, offering them in various formats, such as compressed bricks and loose fiber, catering to the needs of international horticultural markets.

8. SUKUMAR COIR INDIA PRIVATE LIMITED – $1.47 Million (1.45%)

Sukumar Coir India Private Limited holds 1.45% of the coco peat export market, with exports worth $1.47 million. The company focuses on producing and exporting high-quality coir products, including coco peat, which is increasingly in demand for sustainable agriculture practices worldwide.

9. SSS GLOBAL – $1.37 Million (1.35%)

SSS Global is ranked ninth, contributing 1.35% of the market with $1.37 million in exports. SSS Global is known for its expertise in the coir industry and specializes in offering a variety of coir products, with a particular emphasis on coco peat for soil conditioning and horticulture.

10. PREETII AGRO TECH – $1.35 Million (1.34%)

Preetii Agro Tech rounds out the top 10, with $1.35 million in exports, accounting for 1.34% of the global coco peat market. The company has made its mark by providing high-quality coco peat products that meet the needs of both commercial and individual consumers, particularly in the agricultural and gardening sectors.

Above we have mentioned the top coco peat exporters across the globe. Apart from this, many other exporters also play a vital role in global coco peat export from all over the world. Also, explore our coco peat export data at Tendata to get a complete list of all the active coco peat exporters globally and overseas.

Key Trends in the Coco Peat Industry

1. Rising Demand for Sustainable Alternatives: Coco peat is increasingly seen as a more sustainable alternative to traditional soil amendments like peat moss, which is often harvested unsustainably. As the demand for eco-friendly products grows, coco peat continues to be a preferred choice among gardeners, horticulturists, and farmers worldwide.

2. Focus on Quality and Certification: With the increasing demand for organic and clean-label products, coco peat suppliers are placing greater emphasis on obtaining certifications for their products. This includes certifications for organic farming practices, environmental sustainability, and product quality, which help suppliers differentiate their offerings in a competitive market.

3. Growth in Hydroponic and Vertical Farming: The rise of hydroponic and vertical farming techniques has further boosted the demand for coco peat, as it is an ideal growing medium for these methods. Coco peat's high water retention properties make it perfect for use in controlled-environment agriculture, where water conservation is crucial.

4. Technological Advancements in Production: Advances in production techniques, including better processing and compression methods, have improved the efficiency and cost-effectiveness of coco peat production. This allows suppliers to meet growing demand while maintaining product quality and reducing costs.

5. Global Expansion and New Markets: As awareness of coco peat’s benefits spreads globally, more regions, particularly in Europe, North America, and the Middle East, are increasing their imports of coco peat. Emerging markets in Asia and Africa are also beginning to see the benefits of coco peat for agriculture and horticulture, driving further market growth.

Conclusion

The global coco peat export market in 2024 remains robust, with leading coco peat suppliers such as Vaighai Agro Products Limited, Abiagro Solutions India Private Limited, and Wassya Intertrade Pvt Ltd driving the market forward. As demand for sustainable, eco-friendly agricultural products continues to rise, coco peat has firmly established itself as a key player in the global agricultural supply chain. The growing emphasis on organic farming, water conservation, and sustainable agriculture practices ensures that the future of the coco peat market remains promising, with continued opportunities for expansion and innovation.

Tendata is the premium solution to find coco peat suppliers across the globe. One can easily get the list of global coco peat exporters and their previous shipment value through Tendata. Simply view the latest coco peat export data from across the globe on our platform and you can view the entire list of coco peat HS codes. It is the leading export data source providing import and export data for more than 218 countries/territories.

Moreover, if you have any questions regarding exporter data, HS codes or coco peat export data, please feel free to contact Tendata.Our professionals will do their best to help you. Get a free live demo today!