Global Coconut Water Market (By Type, Form, Packaging, Distribution Channel, & Region): (2022-2027)

DELHI, India - Oct. 3, 2023 - PRLog -- The clear liquid contained within green coconuts is known as coconut water. It has a sweet and nutty flavor and includes carbohydrates that are easily absorbed in the form of natural electrolytes and sugars. It is frequently drunk as a low-calorie refreshing beverage that assists in reducing dehydration since it is high in potassium, sodium, manganese, calcium, and magnesium. It also includes cytokines and phytohormones, both of which have antiaging, anticarcinogenic, and antithrombogenic characteristics.

Coconuts for coconut water are typically picked when they are approximately 5-7 months old, and each coconut yields between 200-1000ml of coconut water. Coconut water is a fat-free, plant-based beverage high in nutrients, minerals, and electrolytes that delivers increased hydration while containing less calories than other natural juices and sports beverages. The global coconut water market is expected to be valued at US$6.64 billion in 2023, witnessing growth at a CAGR of 15.26%, during the forecasted period.

Top Impacting Factors:

Growth Drivers

• Increasing Inclination of Consumers towards Health & Wellness
• Growing Prevalence of Lifestyle Disorders
• Rising Interest in Hydration and Energy Drinks
• Surging Geriatric Population      

Challenges

• Huge Gap between the Two Ends of the Coconut Water Supply Chain
• Preservation of Tender Coconut Water  

Trends

• Surging Number of Fitness and Health Clubs  
• Growing Preference for Natural & Plant-based Drinks
• Rising Government Initiatives for Promoting Coconut Farming  

Analysis of Key Players:

The global coconut water market is highly dominated. The producers are making investments in e-commerce through various channels. The players are collaborating with retailers to expand the e-commerce business and establishing a Digital Command Centers in various regions to examine connections between consumer behaviour and financial results. The key players in the global coconut water market are:

• GraceKennedy Group
• Naked Juice Company
• The Vita Coco Company
• New Age Inc.
• Celebes Coconut Corporation
• Harmless Harvest, Inc.
• Goya Foods, Inc.
• Vaivai
• ZICO Beverages, LLC (Powerplant Ventures, LLC)
• Amy and Brian Naturals
• Taste Nirvana International
• C2O Pure Coconut Water, LLC

The major market players are concentrating on growth strategies like mergers and acquisitions, increasing their distribution capacities, and increasing their market presence. For example, Kalbe Farma introduced coconut water Hydro Coco with vitamin D3. According to Kalbe Farma of Indonesia, Hydro Coco VITA-D is the first beverage containing vitamin D3.

For more Information:

https://www.konceptanalytics.com/report/food-beverage/global-coconut-water-market-by-type-form-packaging-distribution-channel-region-insights-and-forecast-with-potential-impact-of-covid-19-2022-2027

Koncept Analytics

Vikas Gupta

(Business Development Manager)

FFCS-36, Ansal Plaza

Vaishali, Ghaziabad

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Tele: +91-120-4130959

Mobile: +91-8700242734

Mail ID – vikas@konceptanalytics.com