Global Coconut Water Market Trends 2021

1. Global Coconut Water Market

2. The global coconut water market was worth USD 4.4 Billion in 2020 and is further projected to reach USD 13.1 Billion by 2027, at a CAGR of 15.04 % during 2021-2027 (forecast period). The global demand for coconut water is expanding due to rising consumer demand for functional, organic, and healthy beverages. Thus, increased health awareness among the people is one of the primary factors driving the growth of the coconut water market. Many vendors nowadays offer coconut water infused with natural additives such as turmeric, ginger, and fruits, to boost the nutritional value of coconut water. Furthermore, athletes and fitness fanatics favor this drink as part of their daily diet, which contributes to market growth. Growth Drivers Rising Health Consciousness Nowadays, people have become more aware of their well-being, which makes them look out for healthier products, such as coconut water, which works as a dehydrator, a natural diuretic, digestive soother, and cholesterol-lowering product.  Moreover, consumers nowadays prefer low-sugar products or plant-based beverages, which is also driving sales of coconut water across various nations.

3. Increasing health issues Propelling the Coconut Water Market Forward Sugary and carbonated beverages have been linked to a variety of health problems, including cardiovascular disease and diabetes, in people of all ages, from children to the working class. Coconut water is the perfect alternative to these sugary and carbonated beverages because it is beneficial for all of the above health issues. Furthermore, the high potassium level in it protects consumers against the risk of stroke by lowering blood pressure. What’s more, it also supports weight loss. Thus, doctors and dieticians recommend coconut water to patients instead of  sugary drinks, which in turn is driving the growth of the coconut water market. Global Coconut Water Market Restraints High cost and less shelf life The preservation of tender coconut water, as well as the high costs associated with the processing, packing, and distribution of pure coconut water, are the key restraints in the growth of the coconut water market. Read More:https://www.blueweaveconsulting.com/global-coconut-water-market-report/report-sample