Europe Coconut Water Market Size & Outlook, 2024-2030
Europe coconut water market, 2018-2030 (US$M)
Related Markets
Europe coconut water market highlights
- The Europe coconut water market generated a revenue of USD 790.7 million in 2023.
- The market is expected to grow at a CAGR of 19% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 790.7 million |
| Market revenue in 2030 | USD 2,669.2 million |
| Growth rate | 19% (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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 20.7% of the global coconut water market in 2023.
- Globally, North America 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 2,669.2 million by 2030.
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Coconut Water Market Scope
Coconut Water Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 81.98% in 2024. Horizon Databook has segmented the Europe coconut water market based on organic, conventional covering the revenue growth of each sub-segment from 2018 to 2030.
One of the primary drivers is the increasing awareness of health and wellness among consumers. As people become more health-conscious, there is a growing demand for natural and nutritious beverages as alternatives to sugary drinks. Coconut water, known for its hydrating properties, essential electrolytes, and low sugar content, has emerged as a popular choice for those seeking healthier options.
This trend is particularly pronounced in countries like the UK, Germany, and France, which collectively account for a substantial share of the European coconut water market. Another factor contributing to the market's growth is the rise of functional and plant-based beverages.
Consumers are increasingly looking for drinks that offer health benefits beyond basic hydration. Coconut water is often used as an ingredient in smoothies, juices, and cocktails, enhancing its appeal as a versatile beverage.
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Target buyers of Europe 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 continent-level data and insights on the Europe coconut water market, including forecasts for subscribers. This continent databook contains high-level insights into Europe coconut water market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe coconut water market size, by country, 2018-2030 (US$M)
Europe Coconut Water Market Share, 2024 & 2030 (US$M)
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