The global coconut water market is forecast to grow at a compound annual growth rate (CAGR) of more than 15% during the forecast period from 2021-2030.
Coconut water is a clear liquid found within young coconuts. Coconut water is a healthy beverage since it is low in calories, unlike most soft drinks. The fluid also provides excellent hydration and is capable of replacing electrolytes lost during an exercise session. Coconut water is a popular drink with health-conscious people because of these factors. Coconut water has numerous health benefits, including keeping the body hydrated, curing diarrhea and vomiting, and controlling cholesterol levels, reducing the risk of strokes and heart attacks. Coconut water can also improve digestion in addition to keeping the body hydrated.
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Factors Affecting
- The modern, health-conscious society is looking for products that work for their well-being, such as coconut water, which serves as a dehydrator, natural diuretic, digestive soothe, and cholesterol-lower. Moreover, consumers are increasingly moving toward low-sugar products and plant-based beverages, which is driving the consumption of the coconut water market around the world.
- The demand for coconut water across the globe anticipates remaining steady regardless of the variety of flavors available in coconut water today.
- The high potassium content in it reduces blood pressure and thus reduces stroke risk. In addition, it supports weight loss. Due to this, doctors and dieticians recommend coconut water to patients instead of sugary drinks, which drives the coconut water market.
- In addition to the high costs of processing, packing, and distributing coconut water, the preservation of tender coconut water also poses a significant barrier to market growth.
Impact Analysis of COVID-19
The COVID-19 outbreak has affected the coconut water market in the world. There is an acute shortage of products at major retailers around the world, despite high demand. The demand for coconut water is higher in Southeast Asian nations during the summer months, i.e., March to August. During the peak season of coconut water sales, the pandemic has had a drastic impact. Since coconut water is a convenience product rather than a necessity for a significant portion of the population, its demand will fall for a couple of years before regaining momentum.
Regional Overview
The Asia Pacific has captured the largest share of the global market for coconut water in terms of revenue due to the high consumption of coconut water and the increasing production of coconuts in the region. Coconut water products sold in North America represent the second-highest revenue share in the global market. It is due to the prevalence of packaged organic foods and beverages.
Leading Competitors
The leading prominent competitors in the global coconut market are:
- All Market Inc. (United States)
- The Coca-Cola Company (United States)
- Naked Juice Company (United States)
- Taste Nirvana International Inc. (United States)
- C2O Pure Coconut Water LLC (United States)
- CocoWell (United States)
- Amy & Brian Naturals (United States)
- PT. Pacific Eastern Coconut Utama. (Asia Pacific)
- Cocojal (India)
- Fruteb S/A (South America)
- Lemonconcentrate S.L. (Europe)
- Nam Viet Food & Beverages Co. Ltd. (Asia Pacific)
- Zico Beverages LLC (United States)
- Cowa (Japan)
- Dharma by Kova Kft. (Europe)
- Ben Tre Import and Export Joint Stock Corp (BETRIMEX) (Asia Pacific)
- Other Key Manufacturers
Scope of the Report
The global coconut water market segmentation focuses on Form, Packaging, Flavor, Distribution Channel, and Region.
Segmentation based on Form
- Liquid
- Powder
Segmentation based on Packaging
- Tetra Pack
- Plastic Bottle
- Segmentation based on Flavor
- Plain coconut water
- Flavored coconut water
Segmentation based on Distribution Channel
- Supermarkets and hypermarkets
- Convenience stores
- Online retail stores
- Other distribution channels
Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content
Chapter 1: Global Coconut Water Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Coconut Water market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Coconut Water Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Coconut Water market Size Forecast (2023-2032).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Coconut Water market revenues on a global, regional, and country level, projecting trends until 2032. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Coconut Water market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Coconut Water market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Coconut Water business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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