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.
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 found inside young, green coconuts, which are the fruit of the coconut palm (Cocos nucifera). Not to be confused with coconut milk, which is made by blending the coconut's meat with water, coconut water is extracted from the center of the young fruit and boasts a sweet, nutty taste. It has been consumed for centuries in tropical regions around the world and is known for its hydrating properties. Nutritionally, coconut water is low in calories, contains natural enzymes and minerals like potassium, magnesium, and calcium, and is often marketed as a better alternative to traditional sports drinks due to its electrolyte content and lower sugar levels. This has made it a popular beverage among health-conscious consumers, particularly those seeking natural hydration solutions. The water naturally contains a mix of salts, sugars, and vitamins, making it a rehydrating drink that has also found its way into the wellness and beauty industries as an ingredient in health drinks, smoothies, and even skincare products due to its purported antioxidant properties.
Request For a PDF Sample Report: https://www.imarcgroup.com/india-coconut-water-market/requestsample
What are the Growth Prospects and Trends in the India Coconut Water Industry?
The growing awareness regarding the health benefits of natural and nutrient-rich beverages represents one of the key factors driving the growth of the market across India. Coconut water, with its high electrolyte content and associated health benefits, is becoming increasingly popular among health-conscious consumers. With its natural electrolytes, coconut water is perceived as a superior hydration option compared to artificial sports drinks, which is driving its acceptance among athletes and fitness enthusiasts. Urbanization and the fast-paced lifestyle of the Indian populace are leading to an increased demand for convenient, ready-to-drink beverages. Packaged coconut water offers this convenience while maintaining the nutritional benefits. The thriving tourism industry, especially in coastal areas where coconuts are abundant, is exposing a diverse array of consumers to the benefits of coconut water, which is increasing its popularity.
The Government of India's initiatives to promote agriculture, including coconut farming, are bolstering the supply side of the market, which is ensuring steady growth in the availability of coconut water. Aggressive marketing by key players in the beverage industry, highlighting the health benefits of coconut water over carbonated drinks, is shifting consumer preferences towards healthier options. The expansion of organized retail has improved the availability of branded coconut water across the country, which is increasing its consumption. India's tropical climate is conducive to coconut production, ensuring a stable supply of raw materials for the market. Coconut water is seen as a safe and natural beverage for people with diabetes due to its low sugar content, which is further increasing its appeal in a country with a large diabetic population. The rise in veganism and other dietary trends has positioned coconut water as an ideal plant-based alternative to dairy and other animal-derived beverages. India's young and growing population is more experimental and health-conscious, which is proving to be a significant consumer base for coconut water products. Increased investment in the cold chain infrastructure and the processing sector is facilitating the growth of the market across the country.
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
Ask Analyst for Customization and Explore full report with TOC List of Figures: https://www.imarcgroup.com/request?type=reportid=3763flag=C
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.
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com
