Coconut Water Market Revenue to Reach $22.91 Billion by 2029, 3X Growth in the Next 6 Years – Market Size, Share, & Trend Analysis 2023-2029 – Arizton

September 17 18:42 2024

 

According to Arizton’s latest research report, the global coconut water market is growing at a CAGR of 20.01% during 2023-2029.

 

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Report Summary:    

Market Size (2029): $22.91 Billion        

Market Size (2023): $7.67 Billion        

CAGR (2023-2029): 20.01%       

Market Size (Volume): 6.86 Billion Litre 

Historic Year:  2020-2022            

Base Year: 2023            

Forecast Year: 2024-2029            

Market Segmentation: Product, Variant, Category, Packaging, Distribution Channel, and Geography

Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa    

    

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The global packaged coconut water market is expanding rapidly due to increased demand for natural sports drinks, growing use of coconut-based products, and retail industry advancements. Brands like Vita Coco are capitalizing on this trend by offering a diverse range of coconut water flavors and packaging, highlighting its natural health benefits. Additionally, heightened awareness among Generation Y and Z about the drawbacks of carbonated beverages is shifting preferences toward healthier alternatives such as fruit juices and electrolytes, further fueling the demand for organic options like coconut water.

 

The Rise of Ethical Labeling in Packaged Coconut Water: Vita Coco and Innocent Drinks at the Forefront

In response to the increasing consumer demand for clean and ethical labeling, leading brands Vita Coco and Innocent Drinks are setting new benchmarks in the global packaged coconut water market. The growing emphasis on transparency and authenticity in product information highlights a shift towards more ethical and sustainable practices in the industry.

Consumers are now more informed and conscious about the products they choose, seeking out coconut water brands that provide clear details about ingredient sourcing and production methods. Vita Coco and Innocent Drinks are at the forefront of this movement, offering comprehensive information on their labels about the origins of their coconuts and their commitment to organic and sustainable practices.

The investment in thorough supply chain audits, robust traceability systems, and prestigious certifications reflects these brands’ commitment to building consumer trust and enhancing their competitive edge. As the market evolves, brands that prioritize ethical practices and clear communication will continue to lead the way in satisfying the growing consumer demand for responsible products.

 

Watch Out the Key Developments in the Coconut Water Market

  • In 2023, Harmless Harvest, one of the key vendors introduced organic coconut water with aloe pulp. It offers the benefits of both aloe vera and coconuts. Harmless Harvest’s new offering is an organic, no-sugar-added option in the rapidly expanding market of aloe-based functional beverages that are often laden with added sugars and artificial ingredients.
  • In 2023, Vita Coco, a leading brand in the coconut water market, introduced new and innovative flavors, such as pineapple, mango, passion fruit, and combinations with other fruits to expand their market reach beyond traditional coconut water.

 

Which are the Top Companies in the Coconut Water Market?        

Key Vendors

  • The Coca-Cola Company
  • C2O
  • PepsiCo
  • Taste Nirvana
  • Vita Coco
  • ZICO
  • CocoGoodsCo
  • Raw C
  • C-Coconut Water
  • Amy & Brian
  • Exotic Superfoods
  • Koh Coconut
  • Thai coconut
  • Real Coco
  • Phildesco
  • Zola
  • Bai
  • Blue Monkey
  • Grace
  • Universal Food Public Company (UFC)
  • Edward & Sons
  • Cocos Pure Beverage
  • Coco-Libre
  • CocoCoast
  • National Beverage
  • Maui and Sons
  • Obrigado
  • CoCo & Co
  • Trader Joe’s
  • Harmless Harvest
  • Chi
  • Ducoco
  • H2coco
  • Thai Agri Foods (TAF)
  • Cocofina
  • Genuine Coconut
  • Happy Coco
  • KULAU
  • MightyBee
  • Rubicon Exotic

 

Non-Sparkling Coconut Water Dominates the Coconut Water Market

The non-sparkling coconut water segment holds the largest share of the market, offering a wide range of options such as flavored, unflavored, sweetened, and unsweetened varieties to meet diverse taste preferences and dietary needs. This segment is favored for its natural and healthy profile, free from artificial additives and preservatives, which resonates with health-conscious consumers seeking clean-label products. Non-sparkling coconut water is widely available across retail channels including grocery stores, convenience stores, and specialty health food stores, ensuring broad accessibility. Leading vendors like O.N.E. Coconut Water and Taste Nirvana leverage strong distribution networks to secure shelf space in major retailers nationwide, effectively reaching a diverse consumer base across various demographics and regions.

 

Segmentation & Forecast

 

Product Type

  • Unsweetened
  • Sweetened

 

Variant

  • Flavored
  • Plain

 

Category

  • Non-sparkling
  • Sparkling

 

Packaging

  • Paperboards
  • Plastic
  • Others

 

Distribution Channel

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Channels
  • Others

 

Geography

North America

  • The U.S.
  • Canada

Europe

  • Germany
  • The U.K.
  • France
  • Italy
  • Spain

APAC

  • Japan
  • China
  • India
  • Australia
  • South Korea

Latin America

  • Brazil
  • Mexico

Middle East & Africa

  • The UAE
  • South Africa
  • Saudi Arabia

 

In a nutshell, the Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the coconut water market. Request for Free Sample to get a glance of the report now: https://www.arizton.com/market-reports/coconut-water-market-size-analysis-2025

 

What Key Findings Will Our Research Analysis Reveal?  

How big is the global packaged coconut water market?

What is the growth rate of the global packaged coconut water market?

Which region dominates the global packaged coconut water market?

Who are the major global packaged coconut water market players?

What are the key drivers of the global packaged coconut water market?

 

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