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 size 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.
Market Overview
Coconut water is a clear natural liquid inside immature coconuts, also known as Cocos nucifera. It is an excellent source of carbohydrates and electrolytes, such as sodium, potassium, and magnesium. In addition to this, it contains phytohormones and cytokines, which possess various health advantages, including anticarcinogenic, anti-aging, and antithrombotic properties. Regular consumption of coconut water also prevents the formation of kidney stones, supports heart health, and lowers blood sugar levels. As a result, it is witnessing a significant demand as a refreshing, low-calorie beverage with enhanced hydrating benefits.
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Coconut Water Market Growth Factors:
One of the key factors driving the coconut water market growth is the increasing utilization of coconut water as a remedy for metabolic disorders and other ailments, such as hypertension, diabetes, liver damage, obesity, kidney stones, and impaired digestion. The market is also benefiting from the growing number of coconut plantations worldwide, as well as the increasing usage of coconut water in food service chains. Additionally, the rising adoption of vegan diets and non-dairy products and the surging consumer awareness about the benefits of coconut water are propelling the market growth. Furthermore, the rising health consciousness among consumers and the shifting preference toward ready-to-drink (RTD) beverages are significantly contributing to the market growth. Other factors, such as the emergence of café culture, the growing prevalence of lifestyle diseases, and the rapid expansion of the food and beverage (F&B) industry, are fueling the coconut water market growth.
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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.
Market Share By Top Players In Coconut Water Industry:
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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