PackagedCoconut Water Market Size And Forecast
PackagedCoconut Water Market is growing at a good pace over the last few years and isexpected to grow at a CAGR of 23.9% over the forecasted period i.e 2021 to 2028.

Plaincoconut water in a bottle is in high demand, especially for medical andcosmetic formulations. Coconut water is gaining popularity due to its naturalstate and ability to be used by a wide range of people. Unflavored coconutdrinks are preferred over flavored coconut drinks because they are lower incalories and contain no preservatives. Flavored coconut water, which issweetened with appropriate flavors, can be easily marketed as a healthyalternative, increasing adoption among this demographic. Consumer preference indeveloped countries is shifting toward cola and caffeine products, so flavoredhealth drinks are likely to be on the rise. Sweetened drinks provide vendorswith the opportunity to save money by optimizing the input ingredientcomposition, which is another major factor driving the segment’s growth.

Becauseof its green color, coconut water is also known as green coconut water. Coconutwater is a natural beverage that is both nutritious and delicious. It has asweet and slightly nutty flavor that is naturally refreshing. It contains asmall amount of easily digestible carbohydrates in the form of electrolytes andsugar. Coconut water has numerous health benefits, including being a highsource of several nutrients, having antioxidant properties, aiding in the fightagainst diabetes, being a perfect beverage for restoring hydration andreplenishing electrolytes lost during workouts or exercise, preventing kidney stones,aiding in the maintenance of heart health, and much other scientific evidenceis rapidly growing in support of coconut water’s health and medicinalapplications and products. Coconut water has a wide range of uses due to itsunique chemical composition, which includes vitamins, sugars, phytohormones,minerals, and amino acids.

GlobalPackaged Coconut Water Market Definition
Coconutjuice that has been packaged in bottles, cans, and pouches is known as packagedcoconut water. Coconut water that has been packaged has a longer shelf life andis fortified with minerals and vitamins. Furthermore, many market vendors areenhancing the nutritional value of packaged coconut water products byincorporating turmeric, fruit pulp, and ginger. Coconut water in a bottle isprimarily consumed as a refreshing drink with a variety of health benefits.Coconut water is the best alternative to high-calorie juices and carbonatedbeverages because of its health benefits and low-calorie count.

ThePackaged Coconut Water Market is expected to grow as people become more awareof the benefits of drinking coconut water. When compared to a whole tendercoconut, packaged coconut water is much easier to transport. It comes in handyduring sporting events and gym workouts. Coconut water keeps the body hydratedand tastes better than regular water, as well as providing health benefits(antioxidant properties and several nutrient contents). Product type, packagingtype, distribution channel, and region are all used to segment the PackagedCoconut Water Market. The health benefits of packaged coconut water are drivingdemand, as are consumer preferences for natural and healthy drinks overcarbonated beverages.

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ThePackaged Coconut Water Market is likely to be driven by the rapidly changingretail industry and growing awareness of the health benefits of drinkingcoconut water. Coconut water in a bottle is primarily consumed as a refreshingdrink with a variety of health benefits. People’s growing health concerns areexpected to drive the Packaged Coconut Water Market. Organic and naturalproducts are becoming increasingly popular. Coconut water is the bestalternative to high-calorie juices and carbonated beverages because of itshealth benefits and low-calorie count. To improve product appeal and expand thecustomer base of packaged coconut water around the world, companies arefocusing on product appearance and packaging attractiveness.

GlobalPackaged Coconut Water Market Overview
Coconutwater demand has increased globally as consumers have become more aware of theimportance of drinking healthy beverages. Coconut water is high in antioxidantsand minerals that the human body requires. The market is being boosted byincreased investments and pro-government policies in coconut farming. Anotherfactor driving the market for packaged coconut water is changing eating habitsin conjunction with rapid urbanization. People’s growing health concerns areexpected to drive the Packaged Coconut Water Market.

Organicand natural products are becoming increasingly popular. Coconut water is thebest alternative to high-calorie juices and carbonated beverages because of itshealth benefits and low-calorie count. Packaged coconut water in variousflavors is being developed by manufacturers. The rising popularity of ready-to-eatfoods and rapid urbanization are two major factors driving demand for packagedgoods, which is expected to benefit the Packaged Coconut Water Market.

Consumerdemand for organic or natural-based products is increasing. This can largely beattributed to increased awareness of the health benefits of these foods andbeverages. In addition, to meet the growing demand for packaged coconut water,manufacturers are launching a new product with innovative flavors. Theaforementioned are some of the major trends that have been observed in thetarget market and are expected to significantly drive market growth. The highcost of coconut water in the United States and Canada is limiting the market’sability to expand in this region.

Increasedconsumer awareness of the potential health benefits of drinking coconut water,rising consumer preferences for natural and healthy drinks over high-caloriecarbonated drinks, and the availability of innovative flavored variants such aslime, mango, litchi, and others are all contributing to rising demand forpackaged coconut water. Furthermore, rising personal disposable income, agrowing young working-class population base, and a growing organized retail ande-commerce industry are all expected to drive packaged coconut water demand inIndia over the next five years.

Theonset of COVID-19 in early 2020 has had a significant impact on the globalPackaged Coconut Water Market, particularly in the United States and Europe,where demand is well established. During the pandemic, the landscape of highdemand combined with a scarcity of coconuts sold at a higher price was throwninto disarray. Furthermore, demand for packaged and unpackaged coconut water ishigher in most Southeast Asian countries during the summer season, which runs fromApril to July. Due to distribution and supply shortages, the pandemic has had asignificant impact on this peak season.

GlobalPackaged Coconut Water Market: Segmentation Analysis
TheGlobal Packaged Coconut Water Market is Segmented on the basis of Type,Packaging Type, Distribution Channel, And Geography.

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PackagedCoconut Water Market, By Type
•Organic Coconut Water
• Inorganic Coconut Water

Basedon Type, the market is segmented into Organic Coconut Water, Inorganic CoconutWater.

PackagedCoconut Water Market, By Packaging Type
•Plastic Bottles
• Metal Can
• Tetra Pack
• Pouches

Basedon Packaging Type, the market is segmented into Plastic Bottles, Metal cans,Tetra packs, Pouches.

PackagedCoconut Water Market, By Distribution Channel
•Retail Stores
• Hypermarket
• Supermarkets
• Convenience Stores

Basedon Distribution Channel, the market is segmented into Retail Stores,Hypermarket, Supermarkets, Convenience Stores.

PackagedCoconut Water Market, By Geography
•North America
• Europe
• Asia Pacific
• Rest of the world

Onthe basis of Geography, The Global Packaged Coconut Water Market is classifiedinto North America, Europe, Asia Pacific, and the Rest of the world. The targetmarket’s markets in the Asia Pacific are expected to generate the most revenue.In terms of production and consumption, it is expected to be the most dominant.Increased population, higher adoption of westernized food habits, and shiftingconsumer preferences for healthier products are all factors contributing tothis. Due to rising disposable income levels and increased awareness of thebenefits of natural products, the European market is expected to growsignificantly. Furthermore, there is growing consumer interest in packagedcoconut water, particularly in Germany, Italy, and the United Kingdom.

KeyPlayers In Packaged Coconut Water Market
The“Global Packaged Coconut Water Market” study report will provide a valuableinsight with an emphasis on the global market including some of the majorplayers such as CocaCola, All Market Inc., C2O Pure Coconut Water LLC, National Beverage Corp., andPepsiCo Inc., Taste Nirvana International Inc., Amy & Brian Naturals,GraceKennedy Ltd, Purity Organic LLC, Dabur India Limited.

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