Coconut Water Market Will Surge to USD 10 Billion by 2026
According to the report, The global Coconut Water market in 2019 was approximately USD 3 Billion. The market is expected to grow at a CAGR of 20% and is anticipated to reach around USD 10 Billion by 2026.
Coconut water is the safest mean of drink consumption. Coconut water is a prominent source of minerals such as calcium, sodium, magnesium, potassium, and manganese. It is also a vital source of vitamin C. Apart from minerals it also has antioxidant properties. It helps to maintain blood pressure and insulin level in human beings. Owing to these reasons it is used as a prevention against diabetes, kidney stones, and cardiovascular diseases.
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The coconut water market research report delivers an acute valuation and taxonomy of the Coconut Water industry by practically splitting the market on the basis of different variants, packaging, distribution, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the coconut water industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Coconut Water industry is provided for the leading economies of the world.
The coconut water market is segmented based on variants, packaging, and distribution. On the basis of variant segmentation, the market is classified into natural, and flavored. In terms of packaging segmentation, the market is bifurcated into paper, paperboard, metal, and plastic. Based on the distribution based segmentation market is categorized as hypermarket and supermarket, convenience stores, specialty stores, and others.
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Some of the essential players operating in the Coconut Water market, but not restricted to include Amy and Brian Naturals, Coca-Cola, Green COCO, PepsiCo, Vita-Coco, Harmless Harvest, Celebes Coconut Corporation, COCOZIACoco Libre, Navitas Naturals, and COPRA Inc..
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