Global Coconut Water Market Forecast to 2030 - COVID-19 Impact and Analysis by Packaging Type (Tetra Packs, Cans, and Plastic Bottles); Flavor (Plain Coconut Water and Flavored Coconut Water); Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online and Others); and Geography
Global Coconut Water Market Introduction
Coconut water is considered to be an excellent source of various nutritional ingredients, including vitamins, fiber, calcium, minerals, magnesium, potassium, and sodium. Growing consumption of several healthy and nutritional drinks to maintain a healthy lifestyle is one of the major driving factors for the growth of the coconut water market. The excessive consumption of carbonated beverages causes health issues, such as diabetes, cardiovascular diseases, and obesity, in all age groups ranging from kids to adults. Therefore, coconut water is the best alternative to carbonated beverages as it is considered to be beneficial for all the above conditions. Such health benefits are anticipated to fuels the demand for the coconut water market across the world.
Further, the launch of new products is also leading to the consumption of coconut water. For instance, In February 2019, TAJA Coconut launched sugar-free and non-GMO bottled coconut water. The company invented a new technology to extract coconut water. The process helps preserve all the nutrients as it does not use heat or additives while making the product. Moreover, growing awareness about coconut water as a sports or refreshment drink along with the rising consumption of coconut water as a nutritious health drink is expected to trigger the demand for the coconut water market globally during the forecast period 2021-2030.
Global Coconut Water Market Overview
The global coconut water market provides an in-depth analysis of segments and sub-segments, region, and country analysis of the overall growth prospects in the market. The report offers a complete overview of the industry, including both qualitative and quantitative information. The coconut water market report covers a complete analysis and provides market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions, including North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The research report highlights underlying factors such as the drivers, restraints, opportunities, and trends of the global coconut water market over the long as well as short period of time. Furthermore, the global coconut water market report offers PEST analysis, NOISE analysis, improvement Venn diagram, brand recall, perceptual mapping, ecosystem/value chain analysis, Porters five forces analysis, and investment pocket analysis with respect to the market. By examining the data collected from primary and secondary methods, the report offers actionable insights into future growth based on inputs from industry experts to help readers formulate effective strategies. This information can help stakeholders to make appropriate decisions before investing.
Global Coconut Water Market Insights
The market study offers a complete overview of leading companies and their successful marketing strategies and market contribution, such as business overview, financial information, SWOT analysis, and key strategies, such as recent developments, market expansion, partnership, merger & acquisitions, product launch, product update, and other contexts. Players operating in the global coconut water market mainly focus on the adoption of various strategies to expand their footprint across the world and take the initiative for the development of innovative, efficient, and advanced products.
Market mapping or perceptual mapping is the graphical representation of where a brand, product, or service stands among competitors. Market mapping analysis helps to understand the client how their customers perceive their product offering with their competitors for the coconut water market. By identifying their current products and competitor products on the market map, the business can fill an identified gap to compete with the competition actively.
COVID-19 Impact on Global Coconut Water Market
The COVID-19 pandemic has largely impacted globally since December 2019. According to the World Health Organization (WHO) report, the US, India, Russia, Brazil, Italy, France, Argentina, Spain, Colombia, the UK, Germany, and Mexico are some of the worst affected countries due to the COVID-19. The pandemic is hampering the growth of economies worldwide, and it is likely to continue in 2021. The outbreak disrupts various industries, such as manufacturing, construction, automotive, textiles, chemicals, cosmetics, tourism, hospitality, consumer goods, transportation, IT and telecom, pharmaceutical, and among others. This results in several obstacles in the supply chain of raw materials required for packaging, resulting in demand-supply gaps. This scenario is expected to have a large impact on the global coconut water market.
With Corona Virus Disease 2019 (COVID-19) pandemic, the world is fighting against Covid-19 pandemic and also economic pandemic, almost impacting trillions of dollars of revenues. Our company brings a high-level insight as well as very deep insights relevant to several promising markets. The study will cover:
· Rapid shifts in top 100 companies across each sector
· Growth and decline in each sector due to the COVID-19 pandemic
Global Coconut Water Market Segmentation
Global Coconut Water Market by Packaging Type
· Tetra Packs
· Plastic Bottles
Global Coconut Water Market by Flavor
· Plain Coconut Water
· Flavored Coconut Water
Global Coconut Water Market by Distribution Channel
· Supermarkets and Hypermarkets
· Convenience Stores
Global Coconut Water Market by Region
· North America
o Rest of Europe
· Asia-Pacific (APAC)
o South Korea
o Rest of APAC
o Latin America
o Middle East
1. All Market Inc
2. Amy & Brian Naturals
3. C2O Pure Coconut Water, LLC
4. Celebes Coconut Corporation
6. Craze Foods Ltd.
7. Foco Pure Coconut Water
8. Goya Foods, Inc
9. Harmless Harvest, Inc
10. Mojo Organics Inc.
11. PepsiCo, Inc.
12. Taste Nirvana
13. The Coca-Cola Company (ZICO)
14. Universal Food Public Company Limited
15. Vaivai SAS
Brand awareness is the methodology by which customers are able to recall or recognize a brand (unaided/aided) under several different conditions with respect to the market. These strategies will help the company make people more aware of your brand, especially by targeting relevant, high-quality audiences for the coconut water market.
Key Questions Answered
· Which region provides more business opportunities for the global coconut water market in the upcoming years?
· Who is the leading overall coconut water market, and what strategies have been adopted by them?
· Which segment accounted for the largest coconut water market share?
· What are the upcoming trends in the global coconut water market? What impact would these trends make in the coming years for the coconut water market?
· Which player offering the best product range for the global coconut water market?
Key Benefits for Stakeholders
· This study presents the analytical description of the coconut water market analysis along with the current trends and future estimations to describe coming up investment pockets
· The complete coconut water market opportunity is resolute by knowing profitable trends to gain a stronger foothold
· The report describes insights associated with key drivers, restraints, opportunities, and trends of the global coconut water market with thorough impact analysis
· The global coconut water market is quantitatively analyzed from 2017 to 2030 to focus on the monetary ability
· PEST analysis defines the potency of the consumers and suppliers in the global coconut water market
· Porters five forces analysis examines the five forces that make a competitive company while identifying its strength and weakness. The analysis will also identify competition, new entrants in the market, supplier power, buyer power, and threat of substitute products and services in the global coconut water market
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