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.
Coconut water is a refreshing or natural energy drink found in the center cavity of tender green coconuts. It consists of potassium, sodium, magnesium, manganese and calcium, which help replenish the fluid content lost from the body post-workout and exercise. Coconut water is used in various cuisine and drinks as a flavoring agent and a base for cocktails. In India, market players have introduced coconut water in tetra packs that keep the product fresh and free from spoilage.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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The India coconut water market is primarily driven by the increasing preference for ready-to-drink (RTD) beverages, especially by health-conscious consumers who are rapidly replacing carbonated drinks and processed juices manufactured using artificial sweeteners and additives. The market is further bolstered by the increasing utilization of coconut water as a remedy for various metabolic disorders and other ailments, such as diabetes, obesity, kidney stones, liver damage, hypertension and impaired digestion. Moreover, the rising number of coconut plantations, growing adoption of vegan diets and non-dairy products and increasing usage in foodservice chains are some of the other factors that are positively impacting the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India coconut water market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on type, flavor, form, packaging and distribution channel.
Breakup by Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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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
Breakup by Region:
North India
West and Central India
South India
East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2022
Historical Period
2017-2022
Forecast Period
2023-2028
Units
INR Crore
Segment Coverage
Type, Flavor, Form, Packaging, Distribution Channel, Region
Region Covered
North India, West and Central India, East India, South India
Customization Scope
10% Free Customization
Report Price and Purchase Option
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Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The India coconut water market was valued at INR 4,984.0 Crore in 2022.
We expect the India coconut water market to exhibit a CAGR of 11% during 2023-2028.
The increasing consumer inclination towards Ready-To-Drink (RTD), low in calorie, and fat-free beverage, such as coconut water, as it aids in digestion, boosting the immune system, improving skin health, etc., is primarily driving the India coconut water market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of coconut water across the nation.
Based on the flavor, the India coconut water market has been divided into plain and flavored, where flavored currently exhibits a clear dominance in the market.
Based on the form, the India coconut water market can be categorized into coconut water and coconut water powder. Currently, coconut water accounts for the majority of the total market share.
Based on the packaging, the India coconut water market has been segregated into carton, bottles, and others. Among these, bottles currently exhibit a clear dominance in the market.
Based on the distribution channel, the India coconut water market can be bifurcated into supermarkets and hypermarkets, convenience stores, online retail stores, and others. Currently, online retail stores hold the largest market share.
On a regional level, the market has been classified into North India, West and Central India, South India, and East India.
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