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 milk and coconut cream are also staples in Brazilian cuisine, used in a variety of dishes, including curries, stews, sauces, and desserts.
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. Shampoos, conditioners, and hair masks containing coconut extracts are used to promote healthier and shinier 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 outlook size, by product, 2017-2030 (US$M)
Brazil Coconut Products Market Outlook Share, 2022 & 2030 (US$M)
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