According to IMARC Group’s latest report, the United States & Australia coconut water market grew at a CAGR of 14% and 36%, respectively, during 2015-2020. Looking forward, the market is expected to continue its robust growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Coconut water is the naturally occurring clear liquid found inside green and unripe coconuts. It has a nutty and sweet flavor which serves as a low-calorie and refreshing beverage. Coconut water is highly rich in natural electrolytes, including calcium, potassium, sodium, and magnesium that help in improving heart health, reducing high blood pressure levels, lowering blood sugar and enhancing metabolism. It also acts as a good source of cytokines and phytohormones, which have various antiaging, anticarcinogenic, and antithrombic properties.
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Market Trends
The United States and Australia coconut water market is primarily driven by the shift in consumer demand from carbonated drinks to healthier beverages due to the high prevalence of numerous lifestyle disorders, such as obesity, diabetes, cardiovascular ailments, etc. Moreover, the rising consumer awareness about the health benefits of coconut water is also propelling the product demand across the countries. Furthermore, the wide availability of coconut water in portable packaging solutions, such as tetra packs and bottles, for on-the-go consumption is providing a positive outlook to the market. Besides this, the growing number of quick-service restaurants (QSRs) and cafes have increased the utilization of coconut water mix and concentrates in numerous innovative styles. Additionally, the escalating demand for clean-label and organic coconut water with allergen-free, GMO-free and zero preservative content are expected to further propel the demand for coconut water across the US and Australia over the forecasted period.
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List of Key Companies Covered in this Market Report:
- All Market Inc.
- Amy & Brian Naturals
- C2O Pure Coconut Water LLC
- Harmless Harvest Inc.
- Pepsico Inc.
- Terrasoul Superfoods LLC
- Chi
- Coconut Essence
- H2coco Pty Ltd
- Morlife Pty Ltd.
- Pure Cocobella
- Raw C.
The report has segmented the market on the basis of type, flavor, form, packaging and distribution channel.
Breakup by Type:
- Sweetened
- Unsweetened
Breakup by Flavor:
- Plain
- Flavored
Breakup by Form:
- Coconut Water
- Coconut Water Powder
Breakup by Packaging:
- Cartons
- Bottles
- Others
Breakup by Distribution Channel:
- Convenience Stores
- Supermarkets and Hypermarkets
- Online Retail Stores
- Others
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.