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GCC Coconut Water Market Size to Hit US$ 439.9 Million by 2028 | With a 8.1% CAGR

10-04-2023 09:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

GCC Coconut Water Market Size to Hit US$ 439.9 Million by 2028 |

The latest report by IMARC Group, titled "GCC Coconut Water Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The GCC coconut water market size reached US$ 275.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 439.9 Million by 2028, exhibiting a growth rate (CAGR) of 8.1% during 2023-2028.

Coconut water is the clear, natural liquid found inside green coconuts. It has a rich composition of essential electrolytes and nutrients. It is renowned for its refreshing taste and numerous health benefits. This all-natural beverage is packed with vital minerals, including potassium, magnesium, and calcium, making it an excellent choice for hydration, especially in hot and tropical climates. Coconut water is low in calories and contains no cholesterol or fat, making it a popular choice for health-conscious consumers seeking a delicious alternative to sugary beverages. Furthermore, its natural sweetness, combined with a subtle nutty flavor, appeals to a wide range of palates, making it a versatile ingredient for culinary applications and a rising star in the beverage industry.

Request for a sample copy of this report: https://www.imarcgroup.com/gcc-coconut-water-market/requestsample

GCC Coconut Water Market Trends and Drivers:

The GCC region is witnessing an increased focus on health and wellness, with consumers becoming more health-conscious and actively seeking healthier beverage options. Coconut water, with its natural electrolytes, hydration properties, and low-calorie content, aligns with these wellness aspirations. As a result, there is a growing demand for coconut water as a healthier alternative to traditional sugary drinks. Additionally, the GCC countries have a robust economy, leading to higher disposable incomes among the population. This economic prosperity has translated into an increased willingness to spend on premium and healthier products, including premium coconut water brands. Besides, market players are responding to evolving consumer preferences by diversifying their product offerings. This includes flavored coconut water variants, such as coconut water infused with tropical fruit flavors or natural herbs. These innovations are catering to a wider audience and expanding the market's reach. Moreover, sustainability is a growing concern globally, and the GCC region is no exception. Consumers are increasingly conscious of the environmental impact of their choices. In response, coconut water brands are emphasizing sustainable sourcing of coconuts and eco-friendly packaging. Furthermore, the distribution channels for coconut water are expanding rapidly in the GCC region. Coconut water is readily available in supermarkets gyms, convenience stores, and online platforms. This increased accessibility is driving sales and creating new opportunities for market players to tap into a broader customer base.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

Sweetened
Unsweetened

Breakup by Flavor:

Plain
Flavoured

Breakup by Form:

Coconut Water
Coconut Water Powder

Breakup by Packaging:

Carton
Bottles
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Online Retail Stores
Others

Breakup by Country:

Saudi Arabia
UAE
Qatar
Oman
Kuwait
Bahrain

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/gcc-coconut-water-market

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA 

Follow us on Twitter: @imarcglobal

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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