Coconut Water Market Forecasts to 2028 – Global Analysis By Type (Pure coconut water and Mixed coconut water), Nature (Organic and Conventional), Packaging (Bottles, Cans, Cartons, Pouches and Tetra packs), Distribution Channel (Supermarkets and hypermark

Coconut Water Market Forecasts to 2028 – Global Analysis By Type (Pure coconut water and Mixed coconut water), Nature (Organic and Conventional), Packaging (Bottles, Cans, Cartons, Pouches and Tetra packs), Distribution Channel (Supermarkets and hypermarkets, Convenience stores, Online stores and Other distribution channels) and By Geography

According tStratistics MRC, the Global Coconut Water Market is accounted for $5.86 billion in 2022 and is expected treach $15.25 billion by 2028 growing at a CAGR of 17.27% during the forecast period. Coconut water is known as a top source of many essential nutrients, such as fiber, vitamins, minerals, and nutrients like calcium, sodium, and potassium. It is the best rehydration drink thanks tthe aforementioned healthy ingredients, which raises its popularity among athletes and gym goers. Due tthe harmful effects of synthetic beverages, consumers whare concerned about their health now choose natural beverages like tender coconut water. The demand for tender coconut water has increased over time in India. Over the next few years, it is anticipated that the coconut market will become more concentrated due trising demand from significant developed nations like the U.S., Germany, UK, Italy, and Canada and growing awareness of the benefits associated with coconut products. Consequently, continued study and development in the medical sciences for the use of linolenic acid in antiviral drugs will create enormous market opportunities.

According tthe World Bank, the demand for coconut has been surging at a significant rate with the global coconut production expected texceed more than 70 million metric tons by 2020.

Market Dynamics:

Driver:

Healthy content of minerals & vitamins is driving the market

A strong market demand for tender coconut is being driven by the product's nutritious composition in terms of minerals, vitamins, and protein. Due tthe harmful effects of synthetic beverages, consumers whare concerned about their health now choose natural beverages like coconut water. The demand for coconut water has increased over time in India. Additionally, consumers whhave a preference for sports tend tprefer coconut because coconut water is frequently referred tas a natural energy drink because it contains antioxidants and other nutritional qualities that help replenish lost energy during athletic activity. As a result, consumers' use of coconut water in the market increased.

Restraint:

Preserving coconut water and false advertising

The preservation of tender coconut water, deceptive marketing tactics used by some coconut water brands, and the great distance between the twends of the supply chain are just a few of the difficulties preventing market growth. Due tits therapeutic and nutritional benefits, tender coconut water has increased in demand and popularity worldwide. Processing and preservation are now of the utmost importance tmeet the year-round demand for coconut water on a global scale. The greatest difficulty in maintaining tender coconut water is that during processing, the water's therapeutic and nutritional benefits may be lost, which is impeding market expansion.

Opportunity:

Growing health consciousness

The coconut water market is expected tgrow as a result of rising health consciousness. According tadditional estimates, the market for coconut water will grow more slowly as demand for organic products rises. Additionally, due tits low cost and lack of side effects, coconut is expected tsee increased capitalization in developing countries, which will likely lead ta faster expansion of the market.

Threat:

Environmental factors and diseases

Numerous environmental factors and diseases have an impact on fruit production. The yield, quality, or occurrence of a crop disease can all be impacted by changes in environmental factors. Unexpected environmental changes have an impact on the supply of raw materials, which has an impact on the coconut market. In addition, in order textend their shelf life or make them taste good and fresh, fruits are frequently tampered with using chemicals like citric acid, ethylene, etc. Adulterated raw materials don't produce the desired results or of the desired quality, which has an impact on the production and standard of coconuts on the world market.

Covid-19 Impact

The COVID-19 pandemic has temporarily shut down manufacturing facilities in a number of nations, initially having an effect on the food and beverage industry. The pandemic has, however, created a consumer demand for healthy living, which has caused consumers tturn their attention tnutritional food products, opening up new opportunities for the coconut water market. This increased interest in plant-based diets was sparked by worries about one's own health, the sustainability of the planet, and the ethical treatment of animals. It seems the coronavirus pandemic has only served thasten this trend. As a result of the rising trend of functional and immunity-boosting product consumption, the demand for coconut water significantly increased during the pandemic times, and this trend is anticipated tcontinue.

The pure coconut water segment is expected tbe the largest during the forecast period

The pure coconut water segment held a larger market share and is expected tremain dominant during the forecast period. Compared tblended or conventional coconut water, pure coconut water, alsreferred tas organic coconut water, is healthier. It is renowned for being a rich source of sodium, potassium, and magnesium in its natural state, all of which help tspeed up the rehydration process. Additionally, dieticians and medical professionals advise patients tdrink pure coconut water instead of sugary drinks, which is fueling the segment's expansion.

The bottles segment is expected thave the highest CAGR during the forecast period

The bottles segment is anticipated texperience the highest CAGR during the forecast period. One of the most popular options among consumers and manufacturers, with alternatives ranging from 50 mL t1 L, has been bottled packaging. Small bottles that can hold a sufficient amount of coconut water are convenient tcarry. Because they dnot easily break, bottles are alssimple ttransport in bulk. Moreover, the demand for bottled coconut water is increasing globally as a result of the shelf life of coconut water being extended by sealed bottle caps.

Region with largest share:

In Brazil and other nearby nations, coconut water is a staple of the diet. Due tthis, the South American region is estimated thold the largest market share for coconut water over the forecast period. Coconut water is available in almost all stores as a result of the enormous demand. Additionally, the fact that oconut water is frequently used ttreat hangovers in addition tbeing consumed as a nutritious health beverage will support the market for coconut water in the region's growth over the course of the forecast period.


Region with highest CAGR:

Throughout the forecast period, the Asia-Pacific is anticipated thave the highest CAGR. Particularly in China, India, Indonesia, and Australia, packaged coconut water is consumed. As one of the healthiest drinks, coconut water is highly valued in Thailand. Additionally, the market for these products is anticipated tgrow as more multinational corporations establish manufacturing facilities in the region.

Key players in the market

Some of the key players profiled in the Coconut Water Market include All Market Inc, Amy & Brian Naturals, C2O Pure Coconut Water, LLC, Celebes Coconut Corporation, Del Monte Foods, Goya Foods, Inc., GraceKennedy Group, Harmless Harvest, Inc., MOJO Organics Inc, Naked Juice Company, New Age Inc., PepsiCInc, Pulse Beverage Corp, Taste Nirvana International, The Coca-Cola Company, The Vita CocCompany, Vaivai and ZICO Beverages, LLC (Powerplant Ventures, LLC).

Key Developments:

In January 2022, Kalbe Farma launched coconut water, HydrCoco, with vitamin D3. Indonesia’s Kalbe Farma has introduced HydrCocVITA-D, which is said tbe the first vitamin D3 drink. Coconut water offers 600 IU of vitamin D3, meeting 100% of the RDI for vitamin D3, which helps timprove immunity. The beverage comes with the Healthier Choice logo.

In June 2021, Danone ManifestVentures (DMV) announced that it had acquired a majority stake in Harmless Harvest, a leader in organic coconut-based products, including coconut water.

In June 2021, Del Monte launched its first packaged coconut water in India. The company claims King Coconut Water is loaded with electrolytes and helps hydrate and replenish lost body fluids. The company claims that the products contain Sodium, Potassium, and Calcium.

Types Covered:
• Pure coconut water
• Mixed coconut water

Natures Covered:
• Organic
• Conventional

Packagings Covered:
• Bottles
• Cans
• Cartons
• Pouches
• Tetra packs

Distribution Channels Covered:
• Supermarkets and hypermarkets
• Convenience stores
• Online stores
• Other Distribution Channels

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements