IMARC Group, a leading market research company, has recently released a report titled “India Coconut Water Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the India coconut water market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the India Coconut Water Market?
The India coconut water market size reached INR 4984.0 Crore in 2022. Looking forward, IMARC Group expects the market to reach INR 9,372.7 Crore by 2028, exhibiting a growth rate (CAGR) of 11% during 2023-2028.
What is Coconut Water?
Coconut water is the clear liquid extracted from the center of young, green coconuts. It is naturally low in calories, rich in essential electrolytes like potassium, sodium, and magnesium, and contains minimal fat and cholesterol. Characterized by a mildly sweet and nutty flavor, coconut water is often consumed as a hydrating beverage, particularly valued for its isotonic properties that help balance body fluids. One of its key features is its versatility; it can be consumed on its own or used as an ingredient in smoothies, cocktails, and culinary dishes. Packed with antioxidants, coconut water also offers health benefits such as aiding in digestion and improving heart health.
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What are the Growth Prospects and Trends in the India Coconut Water Industry?
The surging demand for coconut water in India is one of the key drivers of the coconut water market. Moreover, its compatibility with various consumer preferences and its ability to provide a natural and refreshing beverage option enhance its appeal across the beverage industry, thereby contributing to market growth. In addition to this, advancements in production and packaging techniques have led to higher-quality coconut water products with better taste and longer shelf life. This technological progress is positively impacting the market.
Furthermore, the growing awareness about health and wellness trends is encouraging the consumption of coconut water, aligning it with consumer preferences for healthier beverage choices. The ease of availability and convenience of coconut water in various packaging formats, facilitated by a wide distribution network, is significantly fostering the market growth. Furthermore, the emergence of e-commerce platforms specializing in food and beverages has simplified the purchase of coconut water, thus propelling market growth. Other factors like regulatory support for natural and healthy beverages and increasing awareness about the benefits of coconut water in non-beverage applications such as skincare and beauty products are bolstering the growth of the coconut water market in India.
What is Included in Market Segmentation?
The report has categorized the market based on type, flavour, form, packaging, distribution channel and region.
Breakup by Type:
- Sweetened
- Unsweetened
Breakup by Flavor:
- Plain
- Flavored
Breakup by Form:
- Coconut Water
- Coconut Water Powder
Breakup by Packaging:
- Carton
- Bottles
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retail Stores
- Others
Regional Analysis:
- North India
- West and Central India
- South India
- East India
Who are the Key Players Operating in the India Coconut Water Market?
The competitive landscape of the India coconut water market has been studied in the report with the detailed profiles of the key players operating in the market.
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Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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