Mexico Coconut Water Market Size & Outlook, 2024-2030
Mexico coconut water market, 2018-2030 (US$M)
Related Markets
Mexico coconut water market highlights
- The Mexico coconut water market generated a revenue of USD 89.0 million in 2023 and is expected to reach USD 237.8 million by 2030.
- The Mexico market is expected to grow at a CAGR of 15.1% 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 89.0 million |
| Market revenue in 2030 | USD 237.8 million |
| Growth rate | 15.1% (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, Mexico accounted for 2.3% 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 North America, U.S. coconut water market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 299.6 million by 2030.
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Coconut Water Market Scope
Coconut Water Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 84.49% in 2024. Horizon Databook has segmented the Mexico coconut water market based on organic, conventional covering the revenue growth of each sub-segment from 2018 to 2030.
The market for coconut water in Mexico is driven by several factors, reflecting both global trends and local preferences. One of the primary drivers is the increasing consumer demand for healthier and natural beverage options. As people become more health-conscious, they are looking for alternatives to sugary sodas and artificial drinks.
Coconut water, being a natural hydrator with a low-calorie count and high potassium content, fits perfectly into this trend. It is often marketed as a health drink that supports hydration, weight loss, and overall wellness, which appeals to a broad audience, including athletes, fitness enthusiasts, and those simply seeking a healthier lifestyle.
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Target buyers of Mexico 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 Mexico coconut water market, including forecasts for subscribers. This country databook contains high-level insights into Mexico coconut water market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico coconut water market size, by nature, 2018-2030 (US$M)
Mexico Coconut Water Market Share, 2024 & 2030 (US$M)
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