Global Pure Coconut Water Market Overview
Coconut water is the clear liquid, sweet in taste and a refreshing drinkwhich is found inside coconuts. It is generally consumed as a beverage mostly in tropical region as it keeps hydrated and is consumed as the sports drink, owing to its low fat content and minimum amount of calories. Coconut water contains minerals such as potassium, magnesium, sodium, calcium, vitamins such as vitamin A, vitamin B, vitamin C, phosphorous, amino acids and desirable antioxidants which can reduce risk of poisonous heavy metals.
Increasing consumption of pure coconut water owing to its health benefits, antioxidants capacity, micronutrients content and better taste drives the growth of pure coconut water market. Further, the Growing demand for pure coconut water, especially in areas wherein there is scarcity of coconut palms fosters the growth of pure coconut water market. Moreover, increasing usage of coconut pure water in skin and hair products and as a sports drink in yoga institutes and gym also enhance the growth of global pure coconut water. However, limited shelf life of pure coconut water, high costs associated with processing, packaging, and distribution are the major factors that hampers the growth of pure coconut water market.
Pure coconut water market has been segmented on the basis form, flavors, packaging, distribution channel and region. On the basis of form, the pure coconut water market is segmented into powder (dried) and liquid coconut water. On the basis of flavors, the pure coconut water market is segmented into aloe vera, natural, grape and pear, white grape, mango, pineapple and coffee etc. On the basis of packaging, the pure coconut water market is segmented into plastic bottles, tetra packs and cans. On the basis of distribution channel, the pure coconut water market is segmented into specialty stores, online stores and hypermarket/supermarket etc.
On the basis of region, the pure coconut water market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Asia Pacific on the basis of region accounted to hold maximum shares in the pure coconut water market owing to high consumption of coconut water and increasing production of coconuts. North America is expected to hold significant share in the pure coconut water market due to growing demand for packaged organic food & beverage products followed by market in Europe. Moreover, Middle East and Africa is projected to witness remarkable growth in terms of revenue, owing to increasing consumption of packaged coconut water.
Global Pure Coconut Water Market Competitive Landscape & Key Players
Key players operating in the pure coconut water market includes Celebes Coconut Corporation, COCOZIA, VITA COCO, The Coca-Cola Company, Harvest Bay, Harmless Harvest. Edward & Sons Trading Company, Inc., PepsiCo, Inc., Windmill Organics Limited and C2O Pure Coconut Water.
FAQs
Pure Coconut Water Market is segmented into By Form, By Flavor, By Packaging By Distribution Channel and Region.
Pure Coconut Water Market is driven by factors such as the increasing demand for natural and healthy beverages, rising awareness of the health benefits of coconut water, the shift towards plant-based drinks, and the popularity of coconut water as a hydrating and electrolyte-rich beverage.
Potential supply chain issues related to coconut sourcing, susceptibility to weather conditions affecting coconut yields, competition with other functional beverages, and concerns about the environmental impact of packaging, acting as potential restraints for the Pure Coconut Water Market globally.
North America, Europe, Asia-Pacific, and Latin America. Asia-Pacific, particularly countries like Thailand, Indonesia, and the Philippines, is expected to dominate the Pure Coconut Water Market due to its significant coconut production and cultural familiarity with coconut-based products. North America and Europe are also substantial markets, driven by the growing popularity of natural and plant-based beverages.
Key players operating in the pure coconut water market includes Celebes Coconut Corporation, COCOZIA, VITA COCO, The Coca-Cola Company, Harvest Bay, Harmless Harvest. Edward & Sons Trading Company, Inc., PepsiCo, Inc., Windmill Organics Limited and C2O Pure Coconut Water.