Market revenue in 2023 | USD 820.2 million |
Market revenue in 2030 | USD 2,651.5 million |
Growth rate | 18.2% (CAGR from 2023 to 2030) |
Largest segment | Conventional |
Fastest growing segment | Organic |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Organic, Conventional |
Key market players worldwide | The Vita Coco Co Inc, Celebes Coconut Corporation, PepsiCo Inc, Taste Nirvana, Goya Foods, Harmless Harvest |
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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 water market will help companies and investors design strategic landscapes.
Conventional was the largest segment with a revenue share of 83.35% in 2023. Horizon Databook has segmented the Asia Pacific coconut water market based on organic, conventional covering the revenue growth of each sub-segment from 2018 to 2030.
The cultural significance of coconuts in many Asian countries plays a crucial role in driving the market. Coconut water has deep-rooted culinary and medicinal uses in traditional practices across Southeast Asia, making it a familiar and trusted beverage choice.
This cultural association adds to the beverage's appeal and contributes to its sustained popularity among local consumers. Furthermore, the increasing availability of coconut water in various packaging formats, including tetra packs and bottles, has widened its market accessibility.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific coconut water market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific coconut water market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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