China Coconut Products Market Size & Outlook, 2022-2030
China coconut products market, 2017-2030 (US$M)
Related Markets
China coconut products market highlights
- The China coconut products market generated a revenue of USD 2,059.6 million in 2022 and is expected to reach USD 3,608.7 million by 2030.
- The China market is expected to grow at a CAGR of 7.3% 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 2,059.6 million |
| Market revenue in 2030 | USD 3,608.7 million |
| Growth rate | 7.3% (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, China accounted for 10.2% 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 Asia Pacific, China coconut products market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,326.6 million by 2030.
Key Regions: U.S. , Brazil , Germany , Netherlands , India
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Coconut Products Market Scope
Coconut Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 46.4% in 2022. Horizon Databook has segmented the China 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 rising trend of plant-based diets and the demand for dairy alternatives have fueled the popularity of coconut-based products in China. Coconut milk and coconut yogurt, for instance, have emerged as sought-after dairy-free alternatives. In May 2021, Marvelous Foods launched the first-ever plant-based coconut yogurt store in mainland China on the prominent e-commerce platform Tmall.
The flagship product, Yeyo Coconut Yogurt, is characterized by its distinctive attributes of being free from added sugar, sweeteners, or artificial flavors. China is not a major coconut-producing country, and its coconut oil production capacity has historically been relatively small. The main challenges include the lack of suitable coconut-growing regions and the preference for other types of oils and fats in Chinese cuisine.
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Target buyers of China 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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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 country-level data and insights on the China coconut products market , including forecasts for subscribers. This country databook contains high-level insights into China coconut products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China coconut products market size, by product, 2017-2030 (US$M)
China Coconut Products Market Outlook Share, 2022 & 2030 (US$M)
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