The Global Coconut Water Market size is expected to reach $11.2 billion by 2026, rising at a market growth of 16.8% CAGR during the forecast period. Coconut Water is nothing but nutritious and healthy water that is obtained from the coconut tree. The coconut drink is very rich in vitamins, minerals, amino acids, and other electrolytes that are needed for the body. The people are getting more concerned about the health and the increasing problem related to dehydration and digestive has augmented the demand for fresh coconut water. Coconut water is available in the market in different flavors such as pineapple, mango, lime, matcha tea, and many other flavors. Coconut water with pineapple flavored is growing at a high CAGR during the forecast period. The pineapple flavored coconut drink is rich in potassium, fat and also it is cholesterol-free owing to which it is enticing health-conscious consumers across the globe thus facilitating the market to grow.
The kernel that is obtained from young coconuts has very restricted processing applications, whereas the meat/kernel obtained from mature coconuts is useful to produce different high-value coconut products. It means that coconut water can also be used to get additional income through integrated processing. The primary income comes from processing the coconut kernel. Though, in some countries, a trend concerned for increasing production and also for export of coconut water from young immature coconuts has been seen.
The shifting consumer tastes and growing health concerns are boosting the market in this region. The market of Canada that involves packaging coconut water is gradually making it entry into ethnic food stores as well as outdoor events. In the U.S and Canada, the higher cost of coconut water is the main restraining factor for the market growth in this region. The APAC region is continuously gaining popularity and the demand for coconut water owing to the easier access of the raw material thus assisting the growth of the market.
The rising awareness among consumers for the consumption of healthy drinks has augmented the demand for coconut water across the globe. Coconut water is very rich in minerals and antioxidants that are required by the human body. Augmented investments and government policies in coconut farming are increasing the market. Food changing habits enhanced with swift urbanization is another factor that is strengthening the market of packaged coconut water.
Report Attribute | Details |
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Market size value in 2019 | USD 3.8 Billion |
Market size forecast in 2026 | USD 11.2 Billion |
Base Year | 2019 |
Historical Period | 2016 to 2018 |
Forecast Period | 2020 to 2026 |
Revenue Growth Rate | CAGR of 16.8% from 2020 to 2026 |
Number of Pages | 163 |
Number of Tables | 290 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
Segments covered | Form, Packaging, Distribution Channel, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers |
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Restraints |
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Based on Form, the market is segmented into Liquid and Powder. Based on Packaging, the market is segmented into Tetra Pack, Plastic Bottle and Other Packaging. The report also covers geographical segmentation of Coconut Water market. Based on Distribution Channel, the market is segmented into Online and Offline. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Free Valuable Insights: Global Coconut Water Market to reach a market size of $11.2 Billion by 2026
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., The Coca Cola Company, NewAge, Inc., All Markets, Inc., Pulse Beverages Corporation, Celebs Coconut Corporation, C2O Pure Coconut Water, LLC (Novamex), Harmless Harvest, Inc., Amy & Brian Naturals, and Vaivai SAS.
Market Segmentation:
By Form
By Packaging
By Distribution Channel
By Geography
Companies Profiled
The coconut water market size is projected to reach USD 11.2 billion by 2026.
There are several reason that cause high demand of this market one of them is health benefits of coconut water.
PepsiCo, Inc., The Coca Cola Company, NewAge, Inc., All Markets, Inc., Pulse Beverages Corporation, Celebs Coconut Corporation, C2O Pure Coconut Water, LLC (Novamex), Harmless Harvest, Inc., Amy & Brian Naturals, and Vaivai SAS.
The largest share is constituted by supermarkets in the North American region owing to the ample availability of retail chains.
The expected CAGR of coconut water market is 16.8% from 2020 to 2026.
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