Leading Coconut Products Product Markets Databank
The Coconut Products market was valued at $30,300.0 Million in 2020, and is projected to reach $51,878.2 Million by 2029 growing at a CAGR of 6.20% from 2021 to 2029. Coconut Oil segment is expected to be the highest contributor to this market, with $22,162.0 Million in 2020, and is anticipated to reach $37,730.1 Million by 2029, registering a CAGR of 6.13%. Coconut Water segment is anticipated to reach $8,112.2 Million by 2029 with the highest CAGR of 6.28%. Coconut Oil and Coconut Water segments collectively expected to account for about 88.7% share of the Coconut Products market in 2020, with the former constituting around 73.1% share. Coconut Water and Coconut Oil segments are expected to witness significant growth rates at a CAGR of 6.28% and 6.13% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 88.7% in the overall Coconut Products market in 2020, and is anticipated to reach 88.4% by 2029.
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