North America Coconut Products Market Size & Outlook
North America coconut products market, 2017-2030 (US$M)
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North America coconut products market highlights
- The North America coconut products market generated a revenue of USD 5,079.3 million in 2022.
- The market is expected to grow at a CAGR of 7% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 5,079.3 million |
| Market revenue in 2030 | USD 8,757.1 million |
| Growth rate | 7% (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, North America region accounted for 25.1% 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 |
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North America 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 57.16% in 2022. Horizon Databook has segmented the North America 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 demand for coconut products in North America has witnessed an upward trajectory driven by various health and culinary trends. Coconut products have become sought-after commodities due to their perceived health benefits, including medium-chain triglycerides (MCTs), which cater to the growing interest in healthier dietary choices.
Functional beverages like coconut water find favor among health-conscious consumers seeking natural hydration options. Moreover, the appeal of coconut products has extended beyond the kitchen, as coconut oil gained prominence in skincare and beauty routines.
Ethical and sustainable considerations also played a role, with consumers gravitating toward products that were responsibly sourced and carried certifications. However, it is important to recognize that trends may have evolved since then. It is advisable to consult more recent sources for the latest insights into the demand and trends surrounding coconut products in North America.
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Target buyers of North America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America coconut products market , including forecasts for subscribers. This continent databook contains high-level insights into North America coconut products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America coconut products market outlook size, by country, 2017-2030 (US$M)
North America Coconut Products Market Outlook Share, 2022 & 2030 (US$M)
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