What is Coconut Water Drinks Market?
The coconut water is also called coconut juice which is a clear liquid present inside coconuts. It consists of lesser calories, sodium as well as potassium than a sports drink. It has various benefits such as reduction in blood pressure, heart health, source of hydration, antioxidants, and also prevention of kidney stones. In addition, it helps in fighting fatigue and exhaustion. The coconut water has high concentrations of natural electrolytes, minerals, and vitamins. These benefits are increasing the consumption of coconut water which is fueling the market growth.
The market study is being classified and major geographies with country level break-up.
Taste Nirvana (United States), Bai Brands (United States), GraceKennedy (Jamaica), green coco Europe Gmbh (Germany), Jain Agro Food Products Private Limited (India), All Market Inc. (United States), Pure Tropic (India), Amy & Brian Naturals (United States), Coca-Cola Company (United States) and PepsiCo, Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Dabur India Limited (India) and Harmless Harvest (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Coconut Water Drinks market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Coconut Water Drinks market by Type, Application and Region.
On the basis of geography, the market of Coconut Water Drinks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Health Benefits of Coconut Water is Fuelling the Market Growth
- Increasing Preference of Organic Beverages
Market Trend
- Growing Significance as a Natural Performance-Enhancing Drink in Sports
Restraints
- Availability of Alternative Options
Opportunities
- Increasing Disposable Income in Developing Economies
- Increasing Online Sales is Boosting the Market Growth
Challenges
- Short Shelf Life of Organic Coconut Water
On August 2019, Vita Coco has launched two new sparkling coconut waters in the UK. The flavors are Lemon & Lime and Pineapple & Passionfruit - which contain 20 calories and 3.7g of natural sugar per 330ml can.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others