The Europe Coconut Water Market would witness market growth of 16.4% CAGR during the forecast period (2020-2026). Coconut water is observed to be a healthy drink that is accomplishing the expectations of modern consumers. It comprises less natural sugar and thus has a lower energy value as compared to other forms of juice. Coconut is rich in potassium, is considered an isotonic drink. This isotonic drink means it comprises naturally occurring electrolytes that are helpful in rehydration, particularly after sweating during exercise. It is considered to be more natural solution than artificially produced isotonic drinks.
As coconut water has a lower energy value, it is progressively used as a constituent in juice-based beverages, as it enhances the nutritional profile of the absolute product. On the basis of ’Nutri-score’ labelling, the bulk of fruit juices are sold in Europe are categorized with the ‘C’ score, this means they have a normal nutritional value. Though, coconut water when mixed with juices enhances the nutritional value of the drink and touches ‘B’ score. And thereby, European beverage companies progressively use coconut water as a healthy drink mixture.
There are no accurate statistical data on the consumption of coconut water in the European region, as numerous different sources report diverse consumption statistics. Though, all industry sources approve that intake of coconut water has amplified over the past few years. From the past five years, it is observed that the consumption of coconut water in Europe improved by an average annual rate of 15-20%. It is probable that European consumption will remain to the surge in the next five years too, but at a little lower rate of about 10% annually.
Based on Form, the market is segmented into Liquid and Powder. Based on Packaging, the market is segmented into Tetra Pack, Plastic Bottle and Other Packaging. The report also covers geographical segmentation of Coconut Water market. Based on Distribution Channel, the market is segmented into Online and Offline. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Coconut Water Market in Europe is expected to register a CAGR of 16.4% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., The Coca Cola Company, NewAge, Inc., All Markets, Inc., Pulse Beverages Corporation, Celebs Coconut Corporation, C2O Pure Coconut Water, LLC (Novamex), Harmless Harvest, Inc., Amy & Brian Naturals, and Vaivai SAS.
Market Segmentation:
By Form
By Packaging
By Distribution Channel
By Country
Companies Profiled
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