Brazil Coconut Water Market Size & Outlook, 2023-2030
Brazil coconut water market, 2018-2030 (US$M)
Related Markets
Brazil coconut water market highlights
- The Brazil coconut water market generated a revenue of USD 811.7 million in 2023 and is expected to reach USD 2,139.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 14.9% from 2024 to 2030.
- In terms of segment, conventional was the largest revenue generating nature in 2023.
- Organic is the most lucrative nature segment registering the fastest growth during the forecast period.
Coconut water market data book summary
| Market revenue in 2023 | USD 811.7 million |
| Market revenue in 2030 | USD 2,139.7 million |
| Growth rate | 14.9% (CAGR from 2023 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Brazil accounted for 21.2% of the global coconut water market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil coconut water market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 2,139.7 million by 2030.
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Coconut Water Market Scope
Coconut Water Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil coconut water 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 water market will help companies and investors design strategic landscapes.
Conventional was the largest segment with a revenue share of 81.8% in 2023. Horizon Databook has segmented the Brazil coconut water market based on organic, conventional covering the revenue growth of each sub-segment from 2018 to 2030.
Coconut water gained popularity in international markets due to its delicious taste, hydrating properties, low calorie content, and rich vitamins and antioxidants. Despite being the fourth largest producer of green coconut, Brazil has become the largest producer of coconut water in the world.
The country's production is mostly concentrated in the Northeast region, with nearly two billion units per year. Brazil produces nearly two billion coconut units annually, primarily in the Northeast region, where approximately 57,000 hectares are planted with dwarf coconut trees specifically for coconut water production.
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Target buyers of Brazil coconut water market databook
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Our clientele includes a mix of coconut water market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil coconut water market, including forecasts for subscribers. This country databook contains high-level insights into Brazil coconut water market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil coconut water market size, by nature, 2018-2030 (US$M)
Brazil Coconut Water Market Share, 2023 & 2030 (US$M)
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