South Africa Coconut Water Market Size & Outlook, 2024-2030
South Africa coconut water market, 2018-2030 (US$M)
Related Markets
South Africa coconut water market highlights
- The South Africa coconut water market generated a revenue of USD 36.4 million in 2023 and is expected to reach USD 104.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 16.2% 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 36.4 million |
| Market revenue in 2030 | USD 104.0 million |
| Growth rate | 16.2% (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, South Africa accounted for 1.0% 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 Middle East & Africa, South Africa coconut water market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 104.0 million by 2030.
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Coconut Water Market Scope
Coconut Water Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 82.97% in 2024. Horizon Databook has segmented the South Africa coconut water market based on organic, conventional covering the revenue growth of each sub-segment from 2018 to 2030.
Research organizations and agricultural entities in South Africa are collaboratively engaged in refining coconut cultivation methodologies, creating varieties of coconut plants that are resilient against diseases, and amplifying crop productivity.
These research endeavors also focuses on the byproducts of coconut, thereby reducing waste and optimizing the utilization of resources. In South Africa, a variety of research organizations and agricultural entities are actively working to advance coconut cultivation through innovative methodologies and sustainable practices.
These efforts are crucial for improving the resilience of coconut crops against diseases, enhancing productivity, and maximizing the utility of coconut byproducts. One of the key players in this initiative is the South African Coconut Association, which collaborates with institutions such as the Agricultural Research Council (ARC) and various universities to spearhead research and development projects.
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Target buyers of South Africa 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 South Africa coconut water market, including forecasts for subscribers. This country databook contains high-level insights into South Africa coconut water market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa coconut water market size, by nature, 2018-2030 (US$M)
South Africa Coconut Water Market Share, 2024 & 2030 (US$M)
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