U.S. Coconut Products Market Size & Outlook, 2022-2030
U.S. coconut products market, 2017-2030 (US$M)
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U.S. coconut products market highlights
- The U.S. coconut products market generated a revenue of USD 3,880.6 million in 2022 and is expected to reach USD 6,550.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.8% 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 3,880.6 million |
| Market revenue in 2030 | USD 6,550.3 million |
| Growth rate | 6.8% (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, U.S. accounted for 19.2% 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 North America, U.S. coconut products market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 6,550.3 million by 2030.
Key Regions: Brazil , 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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U.S. 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 56.39% in 2022. Horizon Databook has segmented the U.S. 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.
Americans' preference for coconut products extends beyond dietary and health considerations, encompassing diverse trends. One significant trend is the attraction to exotic and global flavors, with coconut products often finding their place in ethnic cuisines like Thai, Indian, and Caribbean dishes.
Additionally, the perception of coconut as a premium and gourmet ingredient adds to its allure, while its distinctive aroma and taste evoke comfort and nostalgia.
Incorporating coconut-based elements in mixology and personal care items further underscores its versatility. The U.S. market's penchant for supporting local and artisanal enterprises has also extended to coconut products, favoring small-batch and traditional offerings.
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Target buyers of U.S. 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 country-level data and insights on the U.S. coconut products market , including forecasts for subscribers. This country databook contains high-level insights into U.S. coconut products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. coconut products market size, by product, 2017-2030 (US$M)
U.S. Coconut Products Market Outlook Share, 2022 & 2030 (US$M)
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