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Packaged Coconut Water Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 117
  • SKU: IRTNTR43456
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The packaged coconut water market share is expected to increase by USD 4.32 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 16.52%.

This packaged coconut water market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers packaged coconut water market segmentations by product (packaged flavored coconut water and packaged plain coconut water) and geography (North America, APAC, Europe, South America, and MEA). The packaged coconut water market report also offers information on several market vendors, including All Market Inc., Amy and Brian Naturals, C2O Coconut Water, Chi, Dabur India Ltd., Ducoco, GraceKennedy Ltd., green coco europe GmbH, Harmless Harvest Inc., and JAIN AGRO FOOD PRODUCTS Pvt. Ltd. among others.

What will the Packaged Coconut Water Market Size be During the Forecast Period?

Packaged Coconut Water Market Size

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Packaged Coconut Water Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increasing awareness about the health benefits of coconut water is notably driving the packaged coconut water market growth, although factors such as availability of substitutes may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the packaged coconut water industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Packaged Coconut Water Market Driver

The increasing awareness about the health benefits of coconut water is notably driving the packaged coconut water market growth. Coconut water is rich in minerals, such as magnesium, manganese, potassium, calcium, and sodium, and, thus, has several health benefits. The consumption of coconut water can help prevent kidney stone formation, lowers the risk of heart disease, controls blood pressure, and hydrates the body. To boost the nutritional value of coconut water, several vendors add healthy, functional ingredients, such as ginger, turmeric, or varied types of fruits, to their packaged coconut water products. For instance, C2O Coconut Water offers coconut water with ginger, lime, and turmeric. Vendors mention the nutritional values of their product on the labels of the packages, which helps consumers make informed buying decisions. Therefore, the growing awareness among consumers about the health benefits of coconut water consumption is likely to propel the growth of the market in focus during the forecast period.

Key Packaged Coconut Water Market Trend

The expansion of organized retailing is the key market trend driving the packaged coconut water market growth. Organized retailing is considered the most effective mode of distribution for packaged coconut water products, especially packaged flavored coconut water products, as it allows consumers to smell, touch, and feel the products before purchasing. Vendors adopt promotional and marketing strategies to increase the footprints of consumers at brick-and-mortar stores. Some of the marketing strategies to promote packaged coconut water products at stores are branding through signage, distribution of samples, and discounts on products. Supermarket and hypermarket retail chains are focusing on expanding the number of stores. Such an increase in the number of retail stores will increase the visibility of packaged coconut water products, which will help drive the volume sales of the products during the forecast period. 

Key Packaged Coconut Water Market Challenge

The availability of substitutes is the major challenge impeding the packaged coconut water market growth. The availability of substitutes, such as energy drinks, fruit extract juices, almond milk, hemp milk, flax milk, and packaged birch water, cactus water, is expected to hinder the growth of the market in focus during the forecast period. These substitutes are available in different forms, such as powder, which can be added in water and consumed; liquid; and crystals, such as glucose. For instance, Red Bull Australia Pty Ltd. (Red Bull) offers Red Bull Energy Drink containing vitamins, taurine, and other nutrients. This product helps in vitalizing the mind and body. Such substitute products are effective, economical, and time-saving alternatives to packaged coconut water. Therefore, the increasing adoption of substitute products will hinder the growth of the global packaged coconut water market during the forecast period.

This packaged coconut water market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global packaged coconut water market as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the packaged coconut water market during the forecast period.

Who are the Major Packaged Coconut Water Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • All Market Inc.
  • Amy and Brian Naturals
  • C2O Coconut Water
  • Chi
  • Dabur India Ltd.
  • Ducoco
  • GraceKennedy Ltd.
  • green coco europe GmbH
  • Harmless Harvest Inc.
  • JAIN AGRO FOOD PRODUCTS Pvt. Ltd.

 

This statistical study of the packaged coconut water market encompasses successful business strategies deployed by the key vendors. The packaged coconut water market is fragmented and the vendors are deploying growth strategies such as focusing on R&D and branding to compete in the market.

Product Insights and News

  • All Market Inc. - The company offers packaged coconut water under the brand name Vita Coco

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The packaged coconut water market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Packaged Coconut Water Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the packaged coconut water market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Packaged Coconut Water Market?

Packaged Coconut Water Market Market segmentation by region

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52% of the market's growth will originate from North America during the forecast period. US and Canada the key markets for packaged coconut water market in North America. Market growth in this region will be faster than the growth of the market in Europe, South America and MEA. 

Increased spending by the millennials on packaged foods and beverages, increasing generation X and baby boomer population, and growth in the working population, which leads to increased income levels and spending power will facilitate the packaged coconut water market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The packaged coconut water market in North America witnessed a decline in 2020, owing to the outbreak of COVID-19. This hampered the sales of packaged coconut water due to reduced availability as production facilities of packaged coconut water were not operational. However, in 2021, the US, Canada, and Mexico started vaccination drives, which resulted in a reduction in the number of daily COVID-19 cases. Thus, the packaged coconut water market in the region is expected to grow during the forecast period.

What are the Revenue-generating Product Segments in the Packaged Coconut Water Market?

Packaged Coconut Water Market Segmentation

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The packaged coconut water market share growth by the packaged flavored coconut water segment will be significant during the forecast period. The growing adoption of sparkling coconut water in the market is likely to contribute to segment growth during the forecast period. Sparkling coconut water is perceived to be a healthy alternative to other sugary carbonated drinks available in the market, owing to the health benefits of coconut water.

This report provides an accurate prediction of the contribution of all the segments to the growth of the packaged coconut water market size and actionable market insights on post COVID-19 impact on each segment.

 

Packaged Coconut Water Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 16.52%

Market growth 2021-2025

$ 4.32 billion

Market structure

Fragmented

YoY growth (%)

15.91

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

North America at 52%

Key consumer countries

US, Canada, China, Brazil, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

All Market Inc., Amy and Brian Naturals, C2O Coconut Water, Chi, Dabur India Ltd., Ducoco, GraceKennedy Ltd., green coco europe GmbH, Harmless Harvest Inc., and JAIN AGRO FOOD PRODUCTS Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Packaged Coconut Water Market In Regional Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive packaged coconut water market growth during the next five years
  • Precise estimation of the packaged coconut water market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the packaged coconut water industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of packaged coconut water market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: Packaged Foods and Meats

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
    • 3.4 Market outlook: Forecast for 2020 - 2025
      • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
      • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 08: Five forces analysis 2020 & 2025
    • 4.2 Bargaining power of buyers
      • Exhibit 09: Bargaining power of buyers
    • 4.3 Bargaining power of suppliers
      • Exhibit 10: Bargaining power of suppliers
    • 4.4 Threat of new entrants
      • Exhibit 11: Threat of new entrants
    • 4.5 Threat of substitutes
      • Exhibit 12: Threat of substitutes
    • 4.6 Threat of rivalry
      • Exhibit 13: Threat of rivalry
    • 4.7 Market condition
      • Exhibit 14: Market condition - Five forces 2020

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 15: Product - Market share 2020-2025 (%)
    • 5.2 Comparison by Product
      • Exhibit 16: Comparison by Product
    • 5.3 Packaged flavored coconut water - Market size and forecast 2020-2025
      • Exhibit 17: Packaged flavored coconut water - Market size and forecast 2020-2025 ($ million)
      • Exhibit 18: Packaged flavored coconut water - Year-over-year growth 2020-2025 (%)
    • 5.4 Packaged plain coconut water - Market size and forecast 2020-2025
      • Exhibit 19: Packaged plain coconut water - Market size and forecast 2020-2025 ($ million)
      • Exhibit 20: Packaged plain coconut water - Year-over-year growth 2020-2025 (%)
    • 5.5 Market opportunity by Product
      • Exhibit 21: Market opportunity by Product

    6 Customer landscape

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 23: Market share by geography 2020-2025 (%)
    • 7.2 Geographic comparison
      • Exhibit 24: Geographic comparison
    • 7.3 North America - Market size and forecast 2020-2025
      • Exhibit 25: North America - Market size and forecast 2020-2025 ($ million)
      • Exhibit 26: North America - Year-over-year growth 2020-2025 (%)
    • 7.4 APAC - Market size and forecast 2020-2025
      • Exhibit 27: APAC - Market size and forecast 2020-2025 ($ million)
      • Exhibit 28: APAC - Year-over-year growth 2020-2025 (%)
    • 7.5 Europe - Market size and forecast 2020-2025
      • Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
      • Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
    • 7.6 South America - Market size and forecast 2020-2025
      • Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
      • Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
    • 7.7 MEA - Market size and forecast 2020-2025
      • Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
      • Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
    • 7.8 Key leading countries
      • Exhibit 35: Key leading countries
    • 7.9 Market opportunity by geography
      • Exhibit 36: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • Exhibit 37: Impact of drivers and challenges
      • 8.3 Market trends

        9 Vendor Landscape

        • 9.1 Overview
          • 9.2 Vendor landscape
            • Exhibit 38: Vendor landscape
          • 9.3 Landscape disruption
            • Exhibit 39: Landscape disruption
            • Exhibit 40: Industry risks

          10 Vendor Analysis

          • 10.1 Vendors covered
            • Exhibit 41: Vendors covered
          • 10.2 Market positioning of vendors
            • Exhibit 42: Market positioning of vendors
          • 10.3 All Market Inc.
            • Exhibit 43: All Market Inc. - Overview
            • Exhibit 44: All Market Inc. - Product and service
            • Exhibit 45: All Market Inc. - Key offerings
          • 10.4 Amy and Brian Naturals
            • 10.5 C2O Coconut Water
              • Exhibit 49: C2O Coconut Water - Overview
              • Exhibit 50: C2O Coconut Water - Product and service
              • Exhibit 51: C2O Coconut Water - Key offerings
            • 10.6 Chi
              • Exhibit 52: Chi - Overview
              • Exhibit 53: Chi - Product and service
              • Exhibit 54: Chi - Key offerings
            • 10.7 Dabur India Ltd.
              • Exhibit 55: Dabur India Ltd. - Overview
              • Exhibit 56: Dabur India Ltd. - Business segments
              • Exhibit 57:Dabur India Ltd.- Key news
              • Exhibit 58: Dabur India Ltd. - Key offerings
              • Exhibit 59: Dabur India Ltd. - Segment focus
            • 10.8 Ducoco
              • Exhibit 60: Ducoco - Overview
              • Exhibit 61: Ducoco - Product and service
              • Exhibit 62: Ducoco - Key offerings
            • 10.9 GraceKennedy Ltd.
              • Exhibit 63: GraceKennedy Ltd. - Overview
              • Exhibit 64: GraceKennedy Ltd. - Business segments
              • Exhibit 65:GraceKennedy Ltd- Key news
              • Exhibit 66: GraceKennedy Ltd. - Key offerings
              • Exhibit 67: GraceKennedy Ltd. - Segment focus
            • 10.10 green coco europe GmbH
              • Exhibit 68: green coco europe GmbH - Overview
              • Exhibit 69: green coco europe GmbH - Product and service
              • Exhibit 70:Grundfos Holding AS - Key news
              • Exhibit 71: green coco europe GmbH - Key offerings
            • 10.11 Harmless Harvest Inc.
              • Exhibit 72: Harmless Harvest Inc. - Overview
              • Exhibit 73: Harmless Harvest Inc. - Product and service
              • Exhibit 74: Harmless Harvest Inc. - Key offerings
            • 10.12 JAIN AGRO FOOD PRODUCTS Pvt. Ltd.
              • Exhibit 75: JAIN AGRO FOOD PRODUCTS Pvt. Ltd. - Overview
              • Exhibit 76: JAIN AGRO FOOD PRODUCTS Pvt. Ltd. - Product and service
              • Exhibit 77: JAIN AGRO FOOD PRODUCTS Pvt. Ltd. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Currency conversion rates for US$
                • Exhibit 78: Currency conversion rates for US$
              • 11.3 Research methodology
                • Exhibit 79: Research Methodology
                • Exhibit 80: Validation techniques employed for market sizing
                • Exhibit 81: Information sources
              • 11.4 List of abbreviations
                • Exhibit 82: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
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              Packaged Coconut Water market growth will increase by $4326.5 million during 2021-2025.
              The packaged coconut water market is expected to grow at a CAGR of 16.52% during 2021-2025.
              Technavio has segmented the packaged coconut water market by product (Packaged flavored coconut water and Packaged plain coconut water) and geographic (North America, Europe, APAC, South America, MEA, North America, APAC, Europe, South America, and MEA).
              All Market Inc., Amy and Brian Naturals, C2O Coconut Water, Chi, Dabur India Ltd., Ducoco, GraceKennedy Ltd., green coco europe GmbH, Harmless Harvest Inc., JAIN AGRO FOOD PRODUCTS Pvt. Ltd. are a few of the key vendors in the packaged coconut water market.
              North America will register the highest growth rate of 52.03% among the other regions. Therefore, the packaged coconut water market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the packaged coconut water market growth are:
              • Increasing awareness about the health benefits of coconut water
              • Growing preference for online shopping
              The packaged coconut water market vendors should focus on grabbing business opportunities from the packaged flavored coconut water segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Details on the market shares of various regions
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