Cibi e Bevande
Coconut Water Market Size Worth $14.06 Billion By 2027 | CAGR: 16.1%: Grand View Research, Inc.
https://www.grandviewresearch.com/industry-analysis/coconut-water-market
Over the past few years, consumers are increasingly adopting healthy and nutritional drinks instead of high sugary carbonated drinks. Coconut is one of the world's most nutritious fruits, with almost 95% water and very little fat. Moreover, it is an excellent source of antioxidants, minerals, protein, fiber, and several other essential nutrients. This plant-based drink is also beneficial for several chronic diseases, such as diabetes, kidney stones, cardiovascular diseases, and blood pressure.
Gym-goers and athletes are increasingly adopting this drink owing to its excellent hydration and replenishing properties during prolonged exercise. In addition to this, the product is widely used in preparing various Asian cuisines due to its nutritional benefits. The properties of the product are anticipated to boost the market growth over the forecast period.
Central and South America emerged as the largest regional market with a share of more than 25.0% in 2019, as coconut water is widely consumed as a functional drink in Brazil and Argentina . Europe is anticipated to be the fastest-growing regional market with a CAGR of 17.6% from 2020 to 2027 due to the rising adoption of plant-based nutritional drinks among the young population
Consumer F&B Industry
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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