#OrganicCoconutWaterIndustry

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Organic Coconut Water Market Research Report by Industry Growth, Size, Share, Forecast To 2023

Organic Coconut Water Market Highlights

The Organic Coconut Water Market is estimated to be valued at USD 804.4 million by 2023 and expected to grow at a CAGR of 18.7% during the forecast period. Carton packaging of organic coconut water accounted for the largest market share. The high stability and strength offered by the carton packaging is the driver for the increasing demand for the carton packaging for organic coconut water. However, the bottlenecks in a growth trajectory of the global Organic Coconut Water Market are the availability of the substitute products and inverse demand-supply ratio. Nevertheless, in coming years, the consumption of organic coconut water is anticipated to grow as a functional beverage; thus, helping the market overcome existing growth constraints.

Bottles is the second major packaging type of organic coconut water. Bottles are manufactured from impermeable materials that can efficiently store organic coconut water in which plastic bottles are gaining more demand as compared to glass bottles.

Key Players

The prominent players in the global organic coconut water market are-

Harmless Harvest (US)

Celebes Coconut Corporation (The Philippines)

EPICUREX LLC (US)

The Coca-Cola Company (Georgia)

PepsiCo, Inc. (US)

C2O Pure Coconut Water, LLC (US)

Edward & Sons Trading Company, Inc. (US)

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Segment analysis

Global Organic Coconut Market has been segmented based on type, packaging type, distribution channel, and region.

Based on type, the market has been divided into pure and mixed organic coconut water. The pure coconut water is gaining importance in the market owing to the increasing awareness regarding the health benefits of coconut water, increasing preference towards the organic and natural products, along with its increasing positioning as hydrating functional beverages. 

Based on packaging type, the global organic coconut water market is segmented into cartons, bottles, and others. Among these segments, cartons account for the largest market share owing to the high stability and strength provided by these packaging. During the forecast period, cartons segment is estimated to grow at a significant CAGR as to reach USD 365.5 million by the end of 2023. 

Regional Analysis

Geographically, the Global Organic Coconut Water Market is segmented into Asia-Pacific, Europe, North America, and the Rest of the World. As per MRFR analysis, North America accounted for the largest share of the market in 2017 and is expected to grow at a CAGR of 18.20%. Europe market, followed by Asia-Pacific, accounted for the second largest shares in the global organic coconut water market, as of 2017. Asia-Pacific is estimated to reach USD 179.8 million by the end of 2023.

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