GITNUX REPORT 2024

Global Coconut Water Industry Statistics: Market Valued at $4.27B.

Coconut water industry booming: Market set to reach $19.34 billion by 2026, with Asia Pacific leading.

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

The supermarket/hypermarket distribution channel held the largest market share of 35.7% in 2019 in the U.S.

Statistic 2

The online distribution channel is expected to witness the fastest CAGR of 14.8% from 2020 to 2027 in the U.S.

Statistic 3

The offline distribution channel dominated the market with a share of 78.3% in 2019

Statistic 4

The online distribution channel is expected to grow at a CAGR of 18.2% from 2020 to 2027

Statistic 5

The supermarkets/hypermarkets distribution channel held the largest market share of 35.7% in 2018

Statistic 6

The online distribution channel is expected to witness the fastest CAGR of 17.5% from 2019 to 2026

Statistic 7

The supermarkets/hypermarkets segment is estimated to account for the largest market share in 2020

Statistic 8

The online retail segment is projected to grow at the highest CAGR during the forecast period

Statistic 9

The coconut water market is expected to grow at a CAGR of 16.8% from 2020 to 2027

Statistic 10

The U.S. coconut water market is expected to expand at a CAGR of 13.6% from 2020 to 2027

Statistic 11

The global coconut water market is expected to grow at a CAGR of 16.1% from 2021 to 2028

Statistic 12

The global coconut water market is expected to grow at a CAGR of 15.1% from 2021 to 2028

Statistic 13

The global coconut water market size was valued at USD 4.27 billion in 2019

Statistic 14

The global coconut water market is expected to reach USD 14.99 billion by 2027

Statistic 15

The global coconut water market is expected to reach USD 16.4 billion by 2026

Statistic 16

The global coconut water market is expected to reach 14.2 billion liters by 2024

Statistic 17

The global coconut water market size was valued at USD 2.25 billion in 2020

Statistic 18

The coconut water market is projected to reach USD 6.81 billion by 2027

Statistic 19

The global coconut water market is expected to reach USD 10.38 billion by 2026

Statistic 20

The global coconut water market size was valued at USD 9.14 billion in 2020

Statistic 21

The coconut water market is expected to reach USD 19.34 billion by 2026

Statistic 22

The global coconut water market is expected to reach USD 12.5 billion by 2025

Statistic 23

The tetra pack packaging segment accounted for the largest market share of 42.3% in 2018

Statistic 24

The plastic bottles packaging segment is expected to witness the fastest CAGR of 16.9% from 2019 to 2026

Statistic 25

The packaged coconut water segment held the largest market share of 70.8% in 2019

Statistic 26

The organic coconut water segment is expected to witness the fastest growth rate of 17.5% from 2020 to 2027

Statistic 27

The plain coconut water segment accounted for the largest revenue share of 64.8% in 2019 in the U.S. market

Statistic 28

The flavored coconut water segment is expected to witness the fastest CAGR of 14.3% from 2020 to 2027 in the U.S. market

Statistic 29

The sweetened coconut water segment accounted for 55.6% of the global market share in 2019

Statistic 30

The unsweetened coconut water segment is projected to grow at a CAGR of 17.1% during the forecast period

Statistic 31

The plain coconut water segment held a market share of 70% in 2018

Statistic 32

The flavored coconut water segment is expected to grow at a CAGR of 16.5% from 2019 to 2026

Statistic 33

The conventional coconut water segment accounted for 85% of the market share in 2018

Statistic 34

The organic coconut water segment is projected to grow at a CAGR of 17.5% from 2019 to 2026

Statistic 35

The packaged coconut water segment is expected to hold the largest market share during the forecast period

Statistic 36

The unflavored coconut water segment accounted for the highest market share in 2019, holding nearly three-fifths of the global market

Statistic 37

The flavored coconut water segment is expected to witness the highest CAGR of 17.1% from 2021 to 2027

Statistic 38

The conventional coconut water segment held the largest share in 2019, contributing to more than four-fifths of the global market

Statistic 39

The organic coconut water segment is projected to manifest the highest CAGR of 17.5% during the forecast period

Statistic 40

The plain coconut water segment held the largest market share of 68.2% in 2018

Statistic 41

The flavored coconut water segment is expected to witness the fastest CAGR of 16.8% from 2019 to 2026

Statistic 42

The packaged coconut water segment accounted for 70.8% of the global market share in 2020

Statistic 43

The organic coconut water segment is expected to witness the fastest growth rate of 16.2% from 2021 to 2028

Statistic 44

The plain coconut water segment held the largest market share in 2020

Statistic 45

The flavored coconut water segment is expected to witness the highest CAGR during the forecast period

Statistic 46

The conventional coconut water segment accounted for the largest market share in 2020

Statistic 47

The organic coconut water segment is projected to grow at the highest CAGR during the forecast period

Statistic 48

The plain coconut water segment is projected to account for the largest market share by 2025

Statistic 49

The flavored coconut water segment is expected to grow at a higher CAGR during the forecast period

Statistic 50

The conventional coconut water segment is estimated to account for a larger market share in 2020

Statistic 51

The organic coconut water segment is projected to grow at a higher CAGR during the forecast period

Statistic 52

Asia Pacific dominated the coconut water market with a share of 35.6% in 2019

Statistic 53

The United States coconut water market size was valued at USD 1.11 billion in 2019

Statistic 54

North America held a market share of 35.5% in the global coconut water market in 2019

Statistic 55

The Asia Pacific region is expected to dominate the coconut water market during the forecast period

Statistic 56

The Asia-Pacific region is expected to witness the highest growth rate in the coconut water market

Statistic 57

The Asia Pacific region is expected to witness the highest CAGR in the coconut water market from 2021 to 2028

Statistic 58

North America held the largest share in 2019, accounting for more than two-fifths of the global coconut water market

Statistic 59

The Asia-Pacific region is expected to register the highest CAGR of 17.5% during the forecast period

Statistic 60

The Asia Pacific region held the largest market share of 35.6% in 2020

Statistic 61

The Asia-Pacific region is expected to dominate the coconut water market during the forecast period

Statistic 62

The Asia Pacific region is expected to grow at the highest CAGR during the forecast period

Statistic 63

The United States is the largest importer of coconut water, accounting for 46% of global imports in 2019

Statistic 64

Brazil is the largest exporter of coconut water, accounting for 39% of global exports in 2019

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Summary

  • The global coconut water market size was valued at USD 4.27 billion in 2019
  • The coconut water market is expected to grow at a CAGR of 16.8% from 2020 to 2027
  • Asia Pacific dominated the coconut water market with a share of 35.6% in 2019
  • The packaged coconut water segment held the largest market share of 70.8% in 2019
  • The organic coconut water segment is expected to witness the fastest growth rate of 17.5% from 2020 to 2027
  • The United States coconut water market size was valued at USD 1.11 billion in 2019
  • The U.S. coconut water market is expected to expand at a CAGR of 13.6% from 2020 to 2027
  • The plain coconut water segment accounted for the largest revenue share of 64.8% in 2019 in the U.S. market
  • The flavored coconut water segment is expected to witness the fastest CAGR of 14.3% from 2020 to 2027 in the U.S. market
  • The supermarket/hypermarket distribution channel held the largest market share of 35.7% in 2019 in the U.S.
  • The online distribution channel is expected to witness the fastest CAGR of 14.8% from 2020 to 2027 in the U.S.
  • The global coconut water market is expected to reach USD 14.99 billion by 2027
  • North America held a market share of 35.5% in the global coconut water market in 2019
  • The sweetened coconut water segment accounted for 55.6% of the global market share in 2019
  • The unsweetened coconut water segment is projected to grow at a CAGR of 17.1% during the forecast period

Hold onto your coconuts, because were about to dive into the lucrative world of the coconut water industry. With global market size figures soaring to new heights and growth rates that could make even the speediest nut dizzy, its clear that coconut water is not just a passing trend – its a refreshing powerhouse of an industry. From Asia Pacifics domination to the rise of organic options and the battle between plain and flavored varieties, the statistics paint a picture of a market ripe for innovation and expansion. So grab a bottle of your favorite coconut water, sit back, and lets crack open the numbers that reveal why the coconut water business is no small fry.

Distribution Channels

  • The supermarket/hypermarket distribution channel held the largest market share of 35.7% in 2019 in the U.S.
  • The online distribution channel is expected to witness the fastest CAGR of 14.8% from 2020 to 2027 in the U.S.
  • The offline distribution channel dominated the market with a share of 78.3% in 2019
  • The online distribution channel is expected to grow at a CAGR of 18.2% from 2020 to 2027
  • The supermarkets/hypermarkets distribution channel held the largest market share of 35.7% in 2018
  • The online distribution channel is expected to witness the fastest CAGR of 17.5% from 2019 to 2026
  • The supermarkets/hypermarkets segment is estimated to account for the largest market share in 2020
  • The online retail segment is projected to grow at the highest CAGR during the forecast period

Interpretation

In the ever-evolving landscape of coconut water distribution, the statistics tell a tale as refreshing as a sip of the tropical drink itself. Supermarkets and hypermarkets continue to reign supreme, their shelves stocked with the coveted elixir that captured a 35.7% market share in 2019. However, lurking in the digital realm is the online distribution channel, poised to disrupt the status quo with a sizzling CAGR of 18.2% from 2020 to 2027. As the offline giants cling to their dominance, the online upstarts are fueling a wave of growth that could make even a coconut blush. It seems the coconut water industry is not just coconutty, it's also quite tech-savvy!

Market Growth

  • The coconut water market is expected to grow at a CAGR of 16.8% from 2020 to 2027
  • The U.S. coconut water market is expected to expand at a CAGR of 13.6% from 2020 to 2027
  • The global coconut water market is expected to grow at a CAGR of 16.1% from 2021 to 2028
  • The global coconut water market is expected to grow at a CAGR of 15.1% from 2021 to 2028

Interpretation

The coconut water industry is experiencing a surge in popularity, with growth rates that rival the speed at which coconuts fall from trees. As consumers increasingly prioritize healthy hydration options, it seems the humble coconut has found its moment in the spotlight. With growth rates hovering around 16%, it's clear that coconut water is not just a passing trend but a mainstay in the beverage landscape. So, whether you're sipping on a coconut water while lounging on the beach or crunching numbers in a boardroom, one thing is certain – this industry is on a trajectory as steady as a palm tree in a tropical breeze.

Market Size

  • The global coconut water market size was valued at USD 4.27 billion in 2019
  • The global coconut water market is expected to reach USD 14.99 billion by 2027
  • The global coconut water market is expected to reach USD 16.4 billion by 2026
  • The global coconut water market is expected to reach 14.2 billion liters by 2024
  • The global coconut water market size was valued at USD 2.25 billion in 2020
  • The coconut water market is projected to reach USD 6.81 billion by 2027
  • The global coconut water market is expected to reach USD 10.38 billion by 2026
  • The global coconut water market size was valued at USD 9.14 billion in 2020
  • The coconut water market is expected to reach USD 19.34 billion by 2026
  • The global coconut water market is expected to reach USD 12.5 billion by 2025

Interpretation

The coconut water industry seems to be experiencing growth at a pace faster than an athlete sprinting to the finish line. With projections soaring higher than a coconut falling from a tree, reaching billions in both revenue and volume by various upcoming years. It appears that consumers are not just sipping on a trendy drink, but embracing a lifestyle choice packed with hydration and purported health benefits. So, grab a coconut and ride the wave of this booming market before everyone jumps on the bandwagon and we're all left thirsting for the next big trend.

Packaging

  • The tetra pack packaging segment accounted for the largest market share of 42.3% in 2018
  • The plastic bottles packaging segment is expected to witness the fastest CAGR of 16.9% from 2019 to 2026

Interpretation

In the world of coconut water, it seems that when it comes to packaging, the Tetra Pack is currently basking in the limelight with its impressive market share of 42.3%. However, the plastic bottles segment is preparing to shake things up with a forecasted CAGR of 16.9% from 2019 to 2026, reminding us that in the ever-evolving landscape of beverage containers, change is always on the horizon. Who knew that the battle of the bottles could be so riveting? It looks like we'll have to sip on and watch as these packaging protagonists duke it out for coconut water supremacy.

Product Segments

  • The packaged coconut water segment held the largest market share of 70.8% in 2019
  • The organic coconut water segment is expected to witness the fastest growth rate of 17.5% from 2020 to 2027
  • The plain coconut water segment accounted for the largest revenue share of 64.8% in 2019 in the U.S. market
  • The flavored coconut water segment is expected to witness the fastest CAGR of 14.3% from 2020 to 2027 in the U.S. market
  • The sweetened coconut water segment accounted for 55.6% of the global market share in 2019
  • The unsweetened coconut water segment is projected to grow at a CAGR of 17.1% during the forecast period
  • The plain coconut water segment held a market share of 70% in 2018
  • The flavored coconut water segment is expected to grow at a CAGR of 16.5% from 2019 to 2026
  • The conventional coconut water segment accounted for 85% of the market share in 2018
  • The organic coconut water segment is projected to grow at a CAGR of 17.5% from 2019 to 2026
  • The packaged coconut water segment is expected to hold the largest market share during the forecast period
  • The unflavored coconut water segment accounted for the highest market share in 2019, holding nearly three-fifths of the global market
  • The flavored coconut water segment is expected to witness the highest CAGR of 17.1% from 2021 to 2027
  • The conventional coconut water segment held the largest share in 2019, contributing to more than four-fifths of the global market
  • The organic coconut water segment is projected to manifest the highest CAGR of 17.5% during the forecast period
  • The plain coconut water segment held the largest market share of 68.2% in 2018
  • The flavored coconut water segment is expected to witness the fastest CAGR of 16.8% from 2019 to 2026
  • The packaged coconut water segment accounted for 70.8% of the global market share in 2020
  • The organic coconut water segment is expected to witness the fastest growth rate of 16.2% from 2021 to 2028
  • The plain coconut water segment held the largest market share in 2020
  • The flavored coconut water segment is expected to witness the highest CAGR during the forecast period
  • The conventional coconut water segment accounted for the largest market share in 2020
  • The organic coconut water segment is projected to grow at the highest CAGR during the forecast period
  • The plain coconut water segment is projected to account for the largest market share by 2025
  • The flavored coconut water segment is expected to grow at a higher CAGR during the forecast period
  • The conventional coconut water segment is estimated to account for a larger market share in 2020
  • The organic coconut water segment is projected to grow at a higher CAGR during the forecast period

Interpretation

In the never-ending saga of coconut water trends, it seems the battle between plain and flavored varieties is as intense as ever, with consumers embracing both tradition and innovation with their hydration choices. Will the classic purity of plain coconut water continue to reign supreme, or will the seductive allure of flavored options win over more hearts and taste buds? As the organic craze takes over, promising a healthier and more sustainable option, the question remains: will the sweetened or unsweetened versions win the ultimate coconut crown? In this tropical sea of market statistics, one thing is certain—the coconut water industry is far from drying up, set to make a splash with its refreshing offerings in the years to come.

Regional Market

  • Asia Pacific dominated the coconut water market with a share of 35.6% in 2019
  • The United States coconut water market size was valued at USD 1.11 billion in 2019
  • North America held a market share of 35.5% in the global coconut water market in 2019
  • The Asia Pacific region is expected to dominate the coconut water market during the forecast period
  • The Asia-Pacific region is expected to witness the highest growth rate in the coconut water market
  • The Asia Pacific region is expected to witness the highest CAGR in the coconut water market from 2021 to 2028
  • North America held the largest share in 2019, accounting for more than two-fifths of the global coconut water market
  • The Asia-Pacific region is expected to register the highest CAGR of 17.5% during the forecast period
  • The Asia Pacific region held the largest market share of 35.6% in 2020
  • The Asia-Pacific region is expected to dominate the coconut water market during the forecast period
  • The Asia Pacific region is expected to grow at the highest CAGR during the forecast period

Interpretation

In the ever-thirsty world of coconut water, the Asia Pacific region seems to be the undisputed sipper extraordinaire, holding court with a refreshing 35.6% market share. Meanwhile, across the pond, the United States is stirring up quite a splash with a hefty USD 1.11 billion in revenue. As the tides of the coconut water market ebb and flow, one thing remains crystal clear - when it comes to quenching the world's thirst for this tropical elixir, the Asia Pacific region is riding the wave to domination, poised to surf the highest CAGR straight into the forecasted coconut water sunset. Cheers to the coconut water connoisseurs of the world, for they know that in this industry, it's not just a trend - it's a way of life!

Trade Statistics

  • The United States is the largest importer of coconut water, accounting for 46% of global imports in 2019
  • Brazil is the largest exporter of coconut water, accounting for 39% of global exports in 2019

Interpretation

It seems the United States is really going coconuts for coconut water, guzzling down a whopping 46% of the global supply in 2019. Meanwhile, Brazil is the source of this tropical treasure trove, bathing the world in a refreshing wave of exports, claiming 39% of the market. With these statistics, it's clear that when it comes to coconut water, the U.S. is the eager consumer and Brazil is the cool, laid-back supplier keeping everyone hydrated and happy. A symbiotic sip-seeker relationship, if you will.

References