Brazil Coconut Products Market Size & Outlook, 2022-2030
Brazil coconut products market, 2017-2030 (US$M)
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Brazil coconut products market highlights
- The Brazil coconut products market generated a revenue of USD 703.7 million in 2022 and is expected to reach USD 1,298.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8% 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.
Coconut products market data book summary
| Market revenue in 2022 | USD 703.7 million |
| Market revenue in 2030 | USD 1,298.1 million |
| Growth rate | 8% (CAGR from 2022 to 2030) |
| Largest segment | Coconut oil |
| Fastest growing segment | Coconut Water |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Brazil accounted for 3.5% of the global coconut products market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil coconut products market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,298.1 million by 2030.
Key Regions: U.S. , Germany , Netherlands , China , India
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Coconut Products Market Scope
Coconut Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 42.23% in 2022. Horizon Databook has segmented the Brazil 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.
There is a rising popularity of organic coconut products in Brazil, driven by health-conscious consumers who are deliberately opting for healthy, natural, and safe food choices. Organic coconut cultivation refrains from the use of synthetic fertilizers or harmful chemicals.
Fresh coconut water is a popular and widely consumed beverage in Brazil. Coconut is also an essential ingredient in many traditional Brazilian sweets and desserts, such as Beijinho and coconut brigadeiro.
Coconut oil is a versatile cosmetic product used for various skincare purposes, such as moisturizing, makeup removal, and massage. Coconut-based haircare products are also popular in Brazil for their ability to nourish and strengthen hair.
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Our clientele includes a mix of coconut products market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil coconut products market , including forecasts for subscribers. This country databook contains high-level insights into Brazil coconut products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil coconut products market size, by product, 2017-2030 (US$M)
Brazil Coconut Products Market Outlook Share, 2022 & 2030 (US$M)
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