Global Packaged Coconut Water Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
Global Packaged Coconut Water Market: Overview
“The global Packaged Coconut Water Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Coconut water is also referred to as green coconut water owing to green in color. Coconut water is a nutritious, delicious, and type of natural beverage. It is naturally refreshing and has sweet as well as somewhat nutty taste.
It contains some amount of carbohydrates that can be easily digested in the form of electrolytes and sugar. The various health benefits of coconut water are high source of several nutrients, have antioxidant properties, helps to fight against diabetes, perfect beverage for restoring hydration and replenishing electrolytes lost during workout or exercise, prevent kidney stones, helps in maintaining heart health, aids in lowering blood pressure, and many others.
Rapidly increasing scientific evidence which are supporting the benefits of coconut water in health and medicinal applications and products. The wide applications of coconut water due to its unique chemical composition such as vitamins sugars, phytohormones, minerals, and amino acids.
Global Packaged Coconut Water Market: Dynamics
Increasing health concerns is a major factors expected to drive the growth of the global market over the forecast years. In addition, higher demand for ready-to-go products, rising awareness regarding benefits of coconut water, changing consumer taste and preferences, growing urban population globally, are some of the other factors expected to increase the demand for various packaged coconut waters over the forecoming years.
Furthermore, government programs for boosting coconut farming is another factor expected to drive the revenue growth of the target market. However, product recalls owing to some type of contamination for longer time storage of packaged coconut water is a factor expected to hamper the growth of the target market to a certain extent.
Global Packaged Coconut Water Market: Trends
Rising demand for organic or natural based product among consumer. This is primarily attributed increasing knowledge about the health benefits of these types of food and beverages products. In addition, manufactures are launching new product with innovative flavors in order to cater the growing demand of packaged coconut water. The aforementioned mentioned are some of the major trends witnessed in the target market and is expected to drive the growth of the market to a significant extent.
Global Packaged Coconut Water Market: Regional Analysis
In 2018, the markets in Asia Pacific is expected to account for highest revenue in the target market. and is expected to dominated in terms of production and consumption. This is primarily attributed, increasing number of population, higher adoption of westernized food habits and increasing population, and shifting consumer preferences for healthier products. The market in Europe is expected to register significant share, due to rising disposable income level, rising awareness regarding benefits of natural products. In addition, increasing interest among individual in packaged coconut water, especially in the Germany, Italy, and UK.
Global Packaged Coconut Water Market Segmentation:
Segmentation by type:
- Organic Coconut Water
- Inorganic Coconut Water
Segmentation by packaging type:
- Plastic Bottle
- Tetra pack
- Metal Can
Segmentation by distribution channel:
- Retail Stores
- Convenience Stores
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Amy & Brian Naturals
- GraceKennedy Limited
- Green Coco Europe GmbH
- PepsiCo, Inc.
- The Coca-Cola Company
- COCO Libre
- Delta Meaf General Trading FZE
- Thai Agri Foods PCL
- Kualu GmbH
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