North America Coconut Water Market Size & Outlook
North America coconut water market, 2018-2030 (US$M)
Related Markets
North America coconut water market highlights
- The North America coconut water market generated a revenue of USD 970.6 million in 2023.
- The market is expected to grow at a CAGR of 16.5% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 970.6 million |
| Market revenue in 2030 | USD 2,819.3 million |
| Growth rate | 16.5% (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, North America region accounted for 25.4% 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 |
|---|
North America 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 80.32% in 2024. Horizon Databook has segmented the North America coconut water market based on organic, conventional covering the revenue growth of each sub-segment from 2018 to 2030.
The coconut water market in North America is experiencing significant growth driven by several key factors. One of the primary drivers is the increasing consumer awareness and preference for healthy and natural beverages.
Coconut water, often marketed as a natural electrolyte-rich drink, appeals to health-conscious consumers looking for alternatives to sugary sodas and artificial sports drinks. Its natural hydration properties, along with the perception of being a low-calorie, nutrient-rich beverage, make it attractive to those aiming for a healthier lifestyle.
In addition, the rise of the vegan and plant-based diet trend across North America is contributing to the growth of the coconut water market. Consumers are increasingly seeking plant-based options for their dietary needs, and coconut water fits well within this category.
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Target buyers of North America 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 North America coconut water market, including forecasts for subscribers. This continent databook contains high-level insights into North America coconut water market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America coconut water market size, by country, 2018-2030 (US$M)
North America Coconut Water Market Share, 2024 & 2030 (US$M)
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