Organic Coconut Water Market is expected to reach nearly 7.34 Billion $ by 2029 : Cognitive Market Research

As per Cognitive Market Research analysis, the Organic Coconut Water market size is projected to grow from USD 2.12 Bn in the year 2021 to USD 7.34 Bn/Mn by 2029 at a CAGR of 14.22% from 2022-2029.
Coconut water is a natural, therapeutic, and nutritious drink from coconut trees. The major nutrients of coconut water are minerals, sugars, protein, fat, and other minor nitrogenous and phenolic compounds, vitamins, etc. Coconut water has a typical flavor of coconuts due to delta lactone and has polyphenol oxidase, peroxidase, and some other enzymes. The rising demand for organic products & increasing prevalence of kidney stones, dehydration, and digestive issues are the major factor that fuels the growth of organic coconut water. The packaged coconut water demand is increasing due to the rising demand for natural sports drinks which can create significant opportunities for the manufacturers. However, the cost of certified organic foods is generally higher than the price of their conventional counterparts, which may hinder the growth of the organic coconut water market.

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Regional Analysis of Organic Coconut Water Market:
• With the higher production rate of coconut in the Asia Pacific, it held the largest market share in 2021, accounting for about 31.67%. The countries such as Indonesia, India, Sri Lanka, and others from Asia, are the largest producers of coconut in the globe, which is dominating the market. Following Asia Pacific, the MEA region held the second largest market share owing to the increasing demand for coconut water and the increasing craze of coconut water.

Top players involved in the Organic Coconut Water market:
• Celebes Coconut Corporation
• Coco Libre
• NAVITAS ORGANICS
• VITA COCO
• Harmless Harvest
• Naked Juice (PepsiCo)
• Maverick Brands
• C2O Pure Coconut Water
• EARTH MADE ORGANIX
• Edward and Sons
• Sococo
• Others

Current Trends of Manufacturers:
- The 'chemical-free' component of organic food and drink is gaining significant popularity among people all over the world. Chemicals are consumed on a regular basis through food products that are grown by using chemical fertilizer, which is harmful to the human body. People nowadays are aware of these harmful effects on the body, due to the chemicals, so they are turning their focus to organic food and beverages. Further, organic coconut powder also gaining popularity among consumers. The players in the market are introducing coconut powders, for easy handling. This powder can be consumed by adding water to it.

• PepsiCo announced that it would acquire Amacoco to expand its portfolio (August 2022)
- PepsiCo Inc. announced, that it has agreed to acquire Amacoco Nordeste Ltda. and Amacoco Sudeste Ltda., Brazil's largest coconut water company. The deal represents the most recent development in PepsiCo's strategic restructuring of its beverage lineup and the company's entry into the rapidly expanding coconut water industry, a source of natural hydration that is well-liked in Brazil and a number of other nations.

• Z Natural Foods Announced the Release of Organic Electrolyte Pineapple Coconut Water to Promote High-Impact Energy (July 2022)
- Z Natural Foods, a manufacturer and distributor of natural foods, announced the launch of Organic Electrolyte Pineapple Coconut Water. Each serving contains nearly 75% coconut water to rehydrate and energize the body. With the presence of electrolytes, this new product will allow for a full-body recharge. It also contains pineapple juice to boost immunity and promote cardiovascular health. With its Bromelain and Manganese content, Organic Electrolyte Pineapple Coconut Water provides a powerful source of antioxidants to help to stave off free radicals. Generally, maximum bacterial content can be removed by a microfiltration membrane or any ultrafiltration membrane. The membrane was selected so that it eliminates the potent sites for microbial growth (enzyme polyphenol oxidase and high molecular weight proteins present in the coconut water) to its best extent so that further bacterial growth can be arrested

Segment Analysis:
• Based on forms, the market is segmented into powder and liquid. The liquid segment held the largest market share in 2021, this is due to the nutrient content in the liquid forms. When the processing of food products increases the nutrient content tends to decrease, due to heat, and other factors. So, people prefer liquid-based organic coconut water rather than powder based.

• Based on Packaging types, the market is segmented into whole coconut, tetra packs, PET bottles, and cans. Whole coconut & Tetra Packs are dominating the market, owing to ease of handling and low cost.

• Based on the distribution channel, the market is segmented into online and offline. The offline segment held the largest market share during the year 2021, as organic coconut water is available in supermarkets, malls, hypermarkets, retail shops, and others. On the other hand, the online segment is expected to grow at a significant growth rate in the forecast period.

Related Report:
• Vegan Food Market - https://www.cognitivemarketresearch.com/vegan-food-market-report
• Packaged Coconut Water Market - https://www.cognitivemarketresearch.com/packaged-coconut-water-market-report
• Coconut Milk Market - https://www.cognitivemarketresearch.com/coconut-milk-market-report
• Organic Food & Beverages Market - https://www.cognitivemarketresearch.com/organic-food-%26-beverages-market-report
• Coconut Oil Market - https://www.cognitivemarketresearch.com/coconut-oil-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
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