Press release
Coconut Water Market – Industry Analysis and Market Research Report
The global packaged coconut water market was valued at is expected to reach US$8.35 billion by 2023.Coconut water is the liquid inside coconuts, usually extracted from young and tender coconuts, which are six to nine months old. Growing awareness about health concerns in light of the fast-rising metabolic disorders like obesity, diabetes, hypertension, and a conscious shift towards “back to basics” natural eating and drinking habits, is driving the demand for natural drinks like coconut water over conventional high-calorie carbonated and aerated drinks. Growing interest in health and wellness and more proactive approach to health issues; along with increasing demand for coconut water as an essential ingredient for various industrial applications, are factors that will drive the packaged coconut water market northwards across geographies.
View report: Coconut Water Market – Global Outlook and Forecast 2018- 2023
https://www.arizton.com/reports/market-analysis/packaged-coconut-water-market
Global Packaged Coconut Water Market: Key Vendor Analysis
Diversification is the key to success
The packaged coconut water market is diverse, and each geography has its own competitive dynamics and intensity of competition. Latin America is the most competitive market with high product reach, matured market state, and presence of several competitors. APAC follows Latin America in terms of intensity of competition by virtue of the presence of large number of players. China, the Philippines, Indonesia, Thailand, and Singapore are some of the other competitive markets due to the fact that the vendors in these regions have an easy access to cheaper supplies. North America is among the largest markets with the US being the primary consumer on account of rapidly growing domestic consumption driven by increased health consciousness. Europe is the least competitive market on account of limited number of players competing for market share.
Major vendors profiled in the report are as following:
• PepsiCo Inc.
• Coca Cola
• Vita Coco
• Amy and Brian Naturals
• Green Coco Europe
Other vendors include c2o, CHI, Coco Libre, Cocojal, Ducoco, Foco, H2coco, INVO Coconut Water, Taste Nirvana, C-coconut Water, Delta Meal General Trading FZE, Arab Beverages, Thai Agri Food Public Company Limited, and Cocofina.
Scope of the Report
The report considers the present scenario of the global packaged coconut water market and its strategic assessment for the period 2018−2023. It includes detailed discussion on growth drivers, trends, and restraints. The report analyzes five leading vendors and 14 other prominent vendors in the market.
The report provides analysis of key segments of the market by geographies, verticals, product, range and type. It also provides a detailed analysis of revenue from various segments:
Product Types
• Sweetened
• Unsweetened
This report provides the details of the market size from the following segments:
1. Revenue
2. Volume
There has been an increased correlation between consumption of carbonated and other sugar-sweetened drinks and multiple metabolic disorders such as obesity, diabetes, liver damage, kidney stones, heart burn, tooth decay, hypertension, and impaired digestion.
In light of the above and with more awareness about the benefits of fitness and good health, there is a growing interest in health and wellness and more proactive approach to health issues. This, along with increasing demand for coconut water as an essential ingredient for various industrial applications, is driving the demand for packaged coconut water globally. Over the next five years, the demand for packaged coconut water is expected to rise exponentially not only in the current high-demand markets in the US and Canada, but also in other developed and developing markets across the globe.
The global packaged coconut water market is expected to post a CAGR close to 25% during 2017-2023 and grow to a $8.3billion market by 2023.
This report provides a holistic view of the market, the companies involved in the market, and the factors driving its growth. It also provides information about the latest trends that have started to surface and are likely to become strong market driving forces over the next five years. This report also provides the Porter’s Five Forces analysis along with a description of each force and its impact on the market. Further, the report also provides complete value chain analysis of the market.
Global Packaged Coconut Water Market: Dynamics
The market has a high growth prospect as it supports and augments the growing awareness about a healthy and fit lifestyle.
Metabolic disorders like obesity, diabetes, and hypertension are at an all-time high, across the globe. According to a WHO estimate, more than 39% adults worldwide were overweight in 2014 with the count only increasing. An estimated 42 million children under five years were overweight and the number of people living with diabetes increased from 108 million in 1980 to 422 million in 2014. These scaring numbers have managed to wake people up and push them towards making a healthy change in their lifestyles. The demand for carbonated and aerated drinks have started seeing a southward movement. This is increasing the demand for natural drinks like packaged coconut water.
Global Packaged Coconut Water Market: Segmental Overview
Both sweetened and unsweetened segments to witness substantial growth.
During the next five years leading up to 2023, the sale of sweetened packaged coconut water will grow tremendously in to a double digit figure, whereas that of the unsweetened variant is expected to grow with the maximum CAGR.
View report: Coconut Water Market – Global Outlook and Forecast 2018- 2023
https://www.arizton.com/reports/market-analysis/packaged-coconut-water-market
About Arizton Advisory & Intelligence
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
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Mail: enquiry@arizton.com
Call: +1-312-465-7864
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