According to IMARC Group’s latest report, titled “Coconut Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global coconut water market reached a value of US$5.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$14.3 Billion by 2027, exhibiting at a CAGR of 16.8% during 2022-2027.
Coconut water or green coconut is a clear liquid that is found inside immature coconuts or cocos nucifera. It is a rich source of carbohydrates and electrolytes, such as sodium, potassium, and magnesium. The water also contains phytohormones and cytokines, which exhibit various anticarcinogenic, antiaging, and antithrombic properties. As a result, it is largely consumed as a low-calorie refreshing beverage that helps prevent dehydration and kidney stones, supports heart health, and lowers blood sugar.
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Coconut Water Market Trends:
The primary factor driving the global coconut water market growth is the rising product utilization as a remedy for metabolic disorders and other ailments, such as hypertension, kidney stones, diabetes, obesity, liver damage, and impaired digestion. The growing number of coconut plantations and increasing product usage in food service chains are further creating a positive outlook for the market.
Moreover, the escalating adoption of vegan diets and non-dairy products and growing consumer awareness regarding the benefits of coconut water are providing a significant boost to the market. Besides this, the surging health consciousness among consumers and the shifting preference toward ready-to-drink (RTD) beverages are propelling the market growth. Other factors, such as the emerging café culture, growing prevalence of lifestyle diseases, and rapid expansion of the food and beverage (F&B) industry, are accelerating the market growth.
Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined with some of the key players.
Key Market Segmentation:
The report has categorized the market based on type, flavor, form, packaging and distribution channel.
Breakup by Type:
Breakup by Flavour:
Breakup by Form:
Breakup by Packaging:
Breakup by Distribution Channel:
Breakup by Region:
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Key highlights of the report:
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