PUBLISHER: IMARC | PRODUCT CODE: 1298902
PUBLISHER: IMARC | PRODUCT CODE: 1298902
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.
Coconut water is the clear liquid found inside green coconuts. It has a sweet and nutty flavor and contains easily digestible carbohydrates in the form of natural electrolytes and sugars. Rich in potassium, sodium, manganese, calcium and magnesium, it is widely consumed as a low-calorie refreshing beverage that aids in preventing dehydration. It also contains cytokines and phytohormones, which have various antiaging, anticarcinogenic and antithrombic properties.
The increasing health consciousness among the masses is one of the key factors driving the growth of the market. With the rising prevalence of lifestyle diseases, there is a growing consumer preference for coconut water as a remedy for various metabolic disorders and other ailments, such as diabetes, obesity, kidney stones, liver damage, hypertension and impaired digestion. Furthermore, vendors are offering packaged coconut water, which is infused with various natural ingredients, including turmeric, ginger and fruits, to enhance its nutritional value. These products are gaining immense traction among athletes and fitness enthusiasts, thereby providing a boost to the growth of the market. Additionally, the growing food and beverage industry is also contributing to the market growth. The emerging cafe culture, along with the growing number of quick-service restaurants (QSRs), has enhanced the utilization of coconut water mix and concentrates in various innovative dishes. Other factors, including government initiatives for promoting coconut farming, along with significant investments for the development of coconut cultivation, especially in countries such as Philippines, are projected to drive the market in the upcoming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global coconut water market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, flavor, form, packaging and distribution channel.
Sweetened
Unsweetened
Plain
Flavored
Coconut Water
Coconut Water Powder
Carton
Bottles
Others
Supermarkets and Hypermarkets
Convenience Stores
Online Retail Stores
Others
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined with some of the key players being 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, etc.