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Global Coconut Water Market Set to Experience a Massive 16.5% CAGR During 2023-2028

IMARC Group, a leading market research company, has recently released a report titled “Coconut Water Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the Coconut Water market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Coconut Water Market?

The global coconut water market size reached US$ 6.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.5 Billion by 2028, exhibiting a growth rate (CAGR) of 16.5% during 2023-2028.

What is Coconut Water?

Coconut water refers to the clear liquid found inside young, green coconuts, known for its refreshing taste and hydrating properties. It is available in various forms, such as natural, pure coconut water, flavored varieties, and as a component in beverages like sports drinks and cocktails. Coconut water is rich in electrolytes, vitamins, and minerals while free from fat and cholesterol. Its manufacturing process involves extracting the liquid from coconuts, followed by pasteurization or cold-pressure processing to ensure safety and extend shelf life. Coconut water is widely used in health drinks, smoothies, culinary contexts, beauty products, weight loss programs, sports nutrition, and as a rehydration agent in various medical scenarios. It offers several benefits, such as hydration, nutrient provision, antioxidant content, blood pressure reduction, and support for heart health. In addition, coconut water is known for its natural electrolyte profile, lower sugar content, and cholesterol-free composition.

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What are the Growth Prospects and Trends in the Coconut Water Industry?

The increasing consumption of coconut water, due to the rising health consciousness among consumers, is propelling the market growth. Additionally, the development of innovative packaging solutions, such as tetra packs and cans that extend shelf life and improve convenience, making coconut water more accessible, is driving the market growth. Besides this, the introduction of flavored coconut water variants, which is attracting a broader consumer base, is contributing to the market growth. Furthermore, increasing product endorsements by celebrities and athletes, heightening its profile as a fitness and wellness drink, is catalyzing the market growth.

In addition, the presence of a vast amount of evidence regarding the health benefits of coconut water that are supported by scientific research is bolstering the market growth. Apart from this, the increasing disposable incomes, allowing consumers to opt for premium health beverages, are fueling the market growth. Moreover, the growing presence of coconut water in retail channels, including supermarkets, health food stores, and online platforms, is positively influencing the market growth. Along with this, the introduction of strategic marketing campaigns by leading brands that are enhancing consumer awareness and loyalty is supporting the market growth.

Who are the Key Players Operating in the Coconut Water Market?

The competitive landscape of the industry has also been examined with some of the key players.

  • All Market Inc.
  • Amy & Brian Naturals
  • C2O Pure Coconut Water LLC
  • Celebes Coconut Corporation
  • Edward & Sons Trading Co Inc,
  • Harmless Harvest Inc.
  • PepsiCo Inc.
  • Pulse Beverage Corp
  • The Coca-Cola Company

What is Included in Market Segmentation?

The report has categorized the market based on type, flavor, form, packaging and distribution channel.

Breakup by Type:

  • Sweetened
  • Unsweetened

Breakup by Flavour:

  • Plain
  • Flavoured

Breakup by Form:

  • Coconut Water
  • Coconut Water Powder

Breakup by Packaging:

  • Carton
  • Bottles
  • Others

On Basis of Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Retail Stores
  • Others

Regional Analysis:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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Key Highlights of The Report:                                                                                                        

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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