Organic Coconut Water Market Size was valued at USD 1.2 Billion in 2022. The organic coconut water market industry is projected to grow from USD 1.281 Billion in 2023 to USD 2.1711 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.81% during the forecast period (2023 - 2032). The rise in consumer desire for functional & nutritious drinks and coconut water's abundance in vitamins, minerals, and amino acids, are two market drivers predicted to propel market expansion for coconut water throughout the forecast period.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
One of the major drivers fueling market CAGR is the growing awareness of the health advantages of organic coconut water. Consumers are adopting a healthy lifestyle that involves using natural foods and beverages like coconut water due to the rise in health awareness among consumers. Additionally, organic coconut water is a wonderful source of several beneficial nutrients and antioxidants that lower the risk of heart attack and stop the body from producing free radicals. As a result, the market is anticipated to rise throughout the projected period due to the numerous health benefits of organic coconut water.
Furthermore, organic coconut water, touted as a dehydrator, a natural diuretic, a digestive aid, and has a cholesterol-lowering impact, is one of the healthier goods customers are looking for as their health consciousness increases worldwide. Consumers prefer low-sugar goods, as seen by the rise in organic coconut water sales in recent years across several nations. In industrialized nations like Europe, the consumption of organic products is rising and benefits the use of organic coconut water. The market will likely see an increase in demand for these items throughout the forecast period as more and more inventive coconut products are released. Additionally, people who have a preference for sports tend to prefer organic coconut since coconut water is sometimes referred to as a natural energy drink because it contains antioxidants and other nutritional qualities that assist in replenishing lost energy during athletic activity.
Furthermore, another aspect influencing the organic coconut water market segment is the shift in customer buying choices, such as their preference for online shopping due to e-commerce's increasing popularity. Through their websites, blogs, and social media accounts, e-retailers like Amazon, Alibaba Group, Walmart, and others can reach a wide geographic audience and encourage customers to purchase whenever it is convenient for them at home. Thus, it is anticipated that throughout the projection period, the expansion of the online shopping industry will accelerate due to fast delivery and secure e-transactions. Thus, driving the organic coconut water market revenue.
The organic coconut water market segmentation, based on type includes pure coconut water and mixed coconut water. The pure coconut water segment dominated the market. Pure coconut water is also a healthy beverage with low calories, sugar, and fat. People with diabetes can also benefit from it. The popularity of pure coconut water is rapidly rising as a result of its nutritional qualities, including its electrolytes and minerals. Furthermore, due to its vegan-friendly qualities, pure coconut water is a favorite for vegans market consumers.
The organic coconut water market segmentation, based on type includes carton, bottles and others. The carton segment dominated the market. The carton packaging gives the liquid a lengthy shelf life, preventing germs and other microbes from contaminating the product. It protects the merchandise for several months.
The organic coconut water market segmentation, based on distribution channel, includes store based and non-store based. The store-based category generated the most income. These stores provide a variety of commodities and can serve as a one-stop shop for all your daily needs. So while shopping for groceries and ordinary foods, these places are preferable. Additionally, the overhead costs for operations and sales are very cheap.
Figure 1: Organic Coconut Water Market, by Distribution channel, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific organic coconut water market area will dominate this market The availability of the goods in practically every store is owing to the increase in demand. The increasing demand for coconut water as a nourishing health beverage—primarily used to treat hangovers—will also contribute to the region's market growth over the projected period.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: ORGANIC COCONUT WATER MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe organic coconut water market accounts for the second-largest market share because significant essential players were present. Furthermore, the expansion of quick-service restaurants (QSRs) in the area is projected to fuel the demand for coconut water in the ensuing years. Further, the German organic coconut water market held the largest market share, and the UK organic coconut water market was the fastest growing market in the European region
The North America organic coconut water Market is expected to grow at the fastest CAGR from 2023 to 2032. Over the forecast period, the expansion of the organic coconut water market will be aided by rising health consciousness and expanding urbanization. Due to the growing popularity of plant-based beverages among vegans, the United States is now the world's largest consumer. Moreover, US organic coconut water market held the largest market share, and the Canada organic coconut water market was the fastest growing market in the region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the organic coconut water market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, organic coconut water industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the organic coconut water industry to benefit clients and increase the market sector. In recent years, the organic coconut water industry has offered some of the most significant advantages to market. Major players in the organic coconut water market attempting to increase market demand by investing in research and development operations include Harmless Harvest, Celebes Coconut Corporation, EPICUREX LLC, The Coca-Cola Company, PepsiCo, Inc., C2O Pure Coconut Water, LLC, Edward & Sons Trading Company, Inc., Munkijo, Purity Organic, LLC, and Windmill Organics Limited.
The corporate headquarters of the American food, snack, and beverage giant PepsiCo, Inc. are in the hamlet of Purchase in Harrison, New York. The business of PepsiCo includes every facet of the food and beverage industry. It oversees its products' production, marketing, and distribution. The company PepsiCo, Inc. runs food and beverage operations. The company produces, markets, and sells various grain-based snacks, carbonated and non-carbonated beverages, and foods. PepsiCo serves worldwide clients.
The company Windmill Organics Ltd. offers organic food items. Confectionery goods, fruit and vegetable juices, tomato products and sauces, cereals and grains, biscuits and cakes, condiments and seasonings, preserved vegetables and ready meals are all part of the company's product portfolio. As the first 100% organic firm in the UK, it has remained dedicated to offering well-produced, delectable, organic foods that contribute to a better future for you and the environment. It guarantees complete traceability, from farm inspections to the supply of raw materials to the finished product. It may thus ensure the availability of dependably high-quality meals that are produced responsibly and with consideration for the environment.
Organic Coconut Water Industry Developments
June 2021: The pioneer in organic coconut-based goods, including coconut water, and Harmless Harvest, was bought by Danone Manifesto Ventures (DMV), according to a press release.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 1.2 Billion |
| Market Size 2023 | USD 1.281 Billion |
| Market Size 2032 | USD 2.1711 Billion |
| Compound Annual Growth Rate (CAGR) | 6.81% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Packaging, Type, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Harmless Harvest, Celebes Coconut Corporation, EPICUREX LLC, The Coca-Cola Company, PepsiCo, Inc., C2O Pure Coconut Water, LLC, Edward & Sons Trading Company, Inc., Munkijo, Purity Organic, LLC, Windmill Organics Limited |
| Key Market Opportunities | People are getting health conscious |
| Key Market Dynamics | Rising demand for organic coconut water |
Frequently Asked Questions (FAQ) :
The organic coconut water market size was valued at USD 1.2 Billion in 2022.
The market is projected to grow at a CAGR of 6.81% during the forecast period, 2023-2032.
Asia Pacific had the largest share in the market
The key players in the market are Harmless Harvest, Celebes Coconut Corporation, EPICUREX LLC, The Coca-Cola Company, PepsiCo, Inc., C2O Pure Coconut Water, LLC, Edward & Sons Trading Company, Inc., Munkijo, Purity Organic, LLC, and Windmill Organics Limited.
The cartons category dominated the market in 2022.
The store based had the largest share in the market.
Assistant Manager - Research High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. by implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in packaging, construction, and equipment domains. she handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.
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