India Coconut Products Market Size & Outlook, 2022-2030
India coconut products market, 2017-2030 (US$M)
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India coconut products market highlights
- The India coconut products market generated a revenue of USD 1,798.0 million in 2022 and is expected to reach USD 3,326.6 million by 2030.
- The India 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 1,798.0 million |
| Market revenue in 2030 | USD 3,326.6 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, India accounted for 8.9% 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 , China
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Coconut Products Market Scope
Coconut Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 61.54% in 2022. Horizon Databook has segmented the India 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.
Coconut-based ingredients like grated coconut and coconut milk are key components of many traditional Indian dishes and gravies. The coastal regions, in particular, heavily use coconut in their cuisines. Apart from this, fresh coconut water is a popular and widely consumed beverage in India, especially in tropical regions.
It is considered a natural and refreshing source of hydration. Coconut oil is a staple cooking oil in many parts of India. It is used for various culinary purposes, including frying, sautéing, and tempering. Coconut oil is also used for hair care, skin care, and oil massages in traditional Indian practices as it is believed to promote healthy hair and skin.
In February 2022, Dabur India Ltd., an Ayurvedic and natural health care company, introduced Virgin Coconut Oil to enhance its foothold in the coconut oil market. Dabur Virgin Coconut Oil is entirely natural, suitable for cooking and traditional applications such as promoting skin and hair health and massage purposes.
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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 India coconut products market , including forecasts for subscribers. This country databook contains high-level insights into India coconut products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India coconut products market outlook size, by product, 2017-2030 (US$M)
India Coconut Products Market Outlook Share, 2022 & 2030 (US$M)
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