Press release
Coconut Market to Reach US$ 19.38 Bn by 2030 .
๐๐จ๐๐จ๐ง๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ was valued US$ 12.03 Bn in 2023 and is expected to reach US$ 19.38 Bn by 2030 at a CAGR of 7.05% during the forecast period.๐๐จ๐๐จ๐ง๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The global coconut market is experiencing significant growth, driven by the increasing demand for coconut-based products across various industries. Coconuts are widely used in food and beverage, cosmetics, and healthcare sectors due to their versatility and nutritional benefits. The rise in health-conscious consumers has boosted the popularity of coconut water, oil, and other derivatives, while the growing focus on sustainable and natural products further accelerates market expansion. Additionally, the adaptability of coconut in processed food and vegan diets positions it as a key ingredient in global markets.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ : https://www.maximizemarketresearch.com/request-sample/29399/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐๐จ๐ง๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ :
Several factors are propelling the growth of the coconut market. The rising awareness of the health benefits associated with coconut products, such as improved digestion and enhanced skin health, plays a crucial role in increasing consumer demand. Additionally, the surging preference for plant-based diets and natural ingredients in personal care and beauty products has led to heightened utilization of coconut oil and milk. Furthermore, the expansion of the food and beverage industry and the development of innovative coconut-based products contribute significantly to market growth.
๐๐จ๐๐จ๐ง๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Emerging trends in the coconut market include a growing emphasis on organic and sustainably sourced products as consumers become more environmentally conscious. The increasing popularity of coconut as a key ingredient in vegan and diets highlights its adaptability in niche dietary segments. Innovations in packaging and processing technologies are also enhancing the shelf life and quality of coconut products, attracting a broader customer base. Additionally, expanding applications in non-food sectors, such as biofuel production and biodegradable materials, are creating new opportunities within the market.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.maximizemarketresearch.com/inquiry-before-buying/29399/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐๐จ๐จ๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
๐๐ข๐๐ญ๐ง๐๐ฆ ๐๐ง๐ ๐๐ก๐๐ข๐ฅ๐๐ง๐: Consolidating Regional Strength
๐๐ข๐ญ๐ ๐๐จ๐๐จ'๐ฌ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก๐๐๐ฌ๐ญ ๐๐ฌ๐ข๐: Vita Coco, a global leader in coconut water, announced its acquisition of a Vietnam-based coconut farm cooperative to secure sustainable raw material sources.
Coco-Cola Thailand's Partnership with Local Farms: Coco-Cola has partnered with organic coconut suppliers in Thailand to meet the increasing demand for premium-grade coconut water.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: A Hub for Coconut Trade
Golden Agri-Resources' Strategic Move: Singapore's Golden Agri-Resources has merged with a local startup specializing in coconut oil derivatives to strengthen its product portfolio.
๐๐๐ฉ๐๐ง ๐๐ง๐ ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: Driving Innovation
Ito En's Foray into Coconut Products: Ito En, a Japanese beverage giant, acquired a South Korean coconut snack company to diversify its offerings.
CJ CheilJedang's Partnership for Coconut-Based Bio-Plastics: South Korea's CJ CheilJedang announced a joint venture with an Indonesian supplier to produce eco-friendly coconut-based bioplastics.
๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ: Premiumization Trends
Danone's Acquisition of a Dutch Coconut Yogurt Company: In line with the rising demand for plant-based alternatives, Danone expanded its European operations with this acquisition.
๐๐๐: A Leader in Coconut Product Innovations
Nestlรฉ USA's Investment in Coconut Startups: Nestlรฉ's US division has invested in innovative startups developing coconut-based functional beverages.
Harmless Harvest's Expansion: Harmless Harvest announced the acquisition of additional processing facilities in Southeast Asia to ensure a steady supply chain.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐๐จ๐ง๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ
Leading companies are deploying advanced extraction and processing technologies to improve yield and quality.
The development of coconut-based biofuels and bioplastics has opened new avenues for sustainable industrial applications.
๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐ข๐ญ๐ข๐๐ญ๐ข๐ฏ๐๐ฌ
Coconut farmers in the Philippines, India, and Indonesia are adopting organic farming practices, with support from global corporations like Unilever and P&G.
Fair Trade certifications are gaining prominence to ensure equitable returns for farmers.
๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ข๐๐๐ญ๐ข๐จ๐ง
From traditional coconut oil to coconut milk, flour, and chips, companies like Vita Coco and Coconut Bliss are expanding their product ranges to cater to health-conscious consumers.
The introduction of functional beverages with added probiotics and vitamins is a major trend.
๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง๐ญ๐จ ๐๐ฆ๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ๐ฌ
Global companies are targeting markets in Africa and Latin America, where coconut farming is gaining traction.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.maximizemarketresearch.com/request-sample/29399/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐๐จ๐ง๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ :
by Product Type
Coconut Water
Coconut Milk
Coconut Oil
Coconut Snacks
Coconut Desiccated
Others
by Distribution Channel
Supermarket/Hypermarket
Convenience/Grocery Stores
Online Retail Stores
Other Distribution Channels
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐จ๐๐จ๐ง๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. ZICO BEVERAGES
2. Ducoco Alimentos SA
3. THE VITA COCO COMPANY, INC.
4. PT. Pulau Sambu
5. Coco do Vale
6. Dabur Company
7. Coco Colima SA
8. The Coconut Company
9. Celebes Coconut Corporation
10. Danone
11. Eco Biscuits
12. Creative Snacks
13. Goindiaorganic
14. So Delicious
15. PT. Global Coconut
16. Maverick Brands
17. Dangfoods
18. Renuka Foods
19. Dutch Plantin
20. Viva Labs
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/market-report/global-coconut-market/29399/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
๐๐จ๐๐จ๐ง๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
๐๐จ๐๐จ๐ง๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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