Europe Coconut Products Market Size & Outlook, 2022-2030
Europe coconut products market, 2017-2030 (US$M)
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Europe coconut products market highlights
- The Europe coconut products market generated a revenue of USD 4,957.9 million in 2022.
- The market is expected to grow at a CAGR of 10.5% 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, Netherlands is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 4,957.9 million |
| Market revenue in 2030 | USD 10,994.6 million |
| Growth rate | 10.5% (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, Europe region accounted for 24.5% 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.
Key Regions: U.S. , Brazil , Germany , Netherlands , China
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Coconut Products Market Scope
Coconut Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 62.92% in 2022. Horizon Databook has segmented the Europe 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.
Desiccated coconut is a traditional confectionery and baking ingredient in numerous European countries. It has also gained popularity as a topping and ingredient in savory dishes owing to the increased interest in Asian cooking. Some of the leading importing markets are Germany, the U.K., Poland, the Netherlands, Belgium, and France.
Coconut has long been recognized for its versatile and nourishing properties, making it a popular ingredient in a wide range of skin and hair care products. In February 2022, Niam International Private Limited's prominent brand, No Apology, expanded its product offering through the introduction of the Coconut Milk hair care collection.
The brand claims that this new range is made using natural ingredients. In May 2021, The Vita Coco brand, known for its coconut water, expanded its presence in the European hair care market by introducing a range of conditioners, shampoos, and treatments. The Vita Coco hair care line comprises three distinct categories: Nourish, designed for addressing dry hair; Repair, tailored for treating damaged hair; and Scalp, formulated to alleviate irritation.
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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 continent-level data and insights on the Europe coconut products market , including forecasts for subscribers. This continent databook contains high-level insights into Europe coconut products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe coconut products market outlook size, by country, 2017-2030 (US$M)
Europe Coconut Products Market Outlook Share, 2022 & 2030 (US$M)
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