According to the research report titled ‘Global Coconut Water Market - Analysis By Form, By Packaging, By Distribution Channel, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2022-2027)’, available with MarketStudyReport, global coconut water market was worth USD 5391.22 million in 2021 and is anticipated to garner notable returns by the year 2027.

Burgeoning cafe culture across the globe, expanding number of quick-service restaurants, government measures to promote coconut farming, and considerable investments in coconut crop development are the major growth determinants for global coconut water market.

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Notably, coconut water is high in vitamins, minerals, fiber, magnesium, sodium, calcium, and potassium. It is rich in antioxidants and nutrients that help to prevent the development of free radicals in the body and lower the risk of heart attack.

Increasing popularity of coconut water among gym-goers and athletes due to its rehydration property, as well as growing consumer awareness towards adoption of a healthy lifestyle and consumption of natural foods and beverages are expected to boost the market trends in the coming years.

In terms of packaging, the industry is bifurcated into bottle, tetra pack, and others. On the basis of distribution channel, the marketplace is classified into online and offline.

Based on form, worldwide coconut water industry is split into powder and liquid. Among these, the liquid segment held a significant revenue share in 2021 and is expected to continue growing over 2022-2027, due to presence of electrolytes in coconut water that aid in the movement of water to preserve cellular health, physiological function, and mental capacity. Also, the ease of consumption on the go is impelling the preference for liquid form.

Regionally, Asia Pacific market is poised to grow enormously over 2022-2027, followed by North America, due to [PM1] rising product popularity.

The Vita Coco Company Inc., The Coconut Collaborative, Pt. Holos Integra, Goya Foods, Inc, Grace Kennedy Belize Ltd., Edward & Sons Trading Company Inc., Celebes Coconut Corporation, C2O Pure Coconut Water LLC, Harmless Harvest, The Coca-Cola Company, and PepsiCo Inc. are the leading players in worldwide coconut water marketplace. These competitors are increasing production capacity to satisfy rising customer demand, as well as investing in research and development to offer innovative products.