Asia Pacific Coconut Products Market Size & Outlook
Asia Pacific coconut products market, 2017-2030 (US$M)
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Asia Pacific coconut products market highlights
- The Asia Pacific coconut products market generated a revenue of USD 6,538.4 million in 2022.
- The market is expected to grow at a CAGR of 7.6% from 2023 to 2030.
- In terms of segment, coconut oil was the largest revenue generating product in 2022.
- Coconut Water is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 6,538.4 million |
| Market revenue in 2030 | USD 11,754.6 million |
| Growth rate | 7.6% (CAGR from 2022 to 2030) |
| Largest segment | Coconut oil |
| Fastest growing segment | Coconut Water |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Coconut Oil, Coconut Water, Coconut Milk, Other Products |
| Key market players worldwide | The Vita Coco Co Inc, PepsiCo Inc, Coca-Cola Co, Keebler Foods, Taste Nirvana |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 32.3% of the global coconut products market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 10,994.6 million by 2030.
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Coconut Products Market Scope
Coconut Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific coconut products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to coconut products market will help companies and investors design strategic landscapes.
Coconut oil was the largest segment with a revenue share of 50.56% in 2022. Horizon Databook has segmented the Asia Pacific coconut products market based on coconut oil, coconut water, coconut milk, other products covering the revenue growth of each sub-segment from 2017 to 2030.
The Asia Pacific coconut products market has witnessed a considerable increase in demand due to a rise in the consumption and popularity of coconut-based food and beverage products. Across the Asia Pacific region, coconut milk has gained extensive usage as a dairy product substitute due to its high nutritional value, leading to a surge in its popularity.
Simultaneously, desiccated coconut frequently serves as a replacement for freshly grated coconut in culinary applications such as curries and baked goods. Apart from this, there has been a notable surge in the demand for cosmetic products derived from coconut oil.
In addition to the foreseeable increase in demand for and consumption of coconut-based products, coconut production is also likely to increase with efforts from government and private entities.
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Target buyers of Asia Pacific coconut products market databook
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Our clientele includes a mix of coconut products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific coconut products market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific coconut products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific coconut products market size, by country, 2017-2030 (US$M)
Asia Pacific Coconut Products Market Outlook Share, 2022 & 2030 (US$M)
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