Europe coconut water market size to grow by USD 521.49 million between 2022 and 2027; Cocofina Ltd., First Grade International, and among others, identified as key vendors - Technavio

NEW YORK, April 19, 2023 /PRNewswire/ -- The size of coconut water market in Europe is set to grow by USD 521.49 million between 2022 and 2027 and register a CAGR of 13.41%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Technavio offers in-depth market insights that assist global businesses to obtain exponential growth opportunities. View our Sample PDF Report

Coconut water market in Europe 2023-2027: Segmentation

• Flavor 
• Flavored coconut water
• Plain coconut water

The coconut water market growth in Europe in the flavored coconut water segment will be significant during the forecast period. Demand for flavored coconut water is skyrocketing as many consumers as possible in the region often seek a more nutritious and refreshing drink than plain coconut water. Therefore, the players working in this sector focus on blending coconut water with various flavors such as mango, chocolate, and pomegranate to create a final product. Also, kids highly prefer flavored coconut water. Such factors will increase segment growth during the forecast period.

• Product 
• Sweetened coconut water
• Unsweetened coconut water

To increase health awareness, people are adopting a healthier lifestyle and avoiding foods and drinks with too much of added sugar and calories. Such factors contribute to the growth of the sweetened coconut water segment of the European coconut water market. Also, European EOCCs list the sugar content (in grams) on their product labels. Therefore, the implementation of stringent regulations is expected to affect the growth of the sweetened coconut water segment during the forecast period.

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Coconut water market in Europe 2023-2027: Vendor Analysis and Scope

The market is fragmented, with the presence of many small and large players that compete on factors like price, quality, innovation, packaging, reputation, marketing channels, and distribution. Intense competition among players, along with rapid technological changes, constitutes a significant challenge to their operations. Therefore, to survive and succeed in this competitive environment, it is important for players in the market to distinguish their product offerings through a clear and unique value proposition and promote the same in an effective manner. Some of the key vendors covered in the report include:

• Cocofina Ltd.: The company offers coconut water which can be used in smoothies, cocktails, and mocktails.
• First Grade International: The company offers coconut water with coconut pieces.
• Goya Foods Inc.: The company offers coconut water such as Coconut Water with Pulp, Roasted Coconut Water with Pulp, Organic Coconut Water, and Unsweetened Coconut Water.
• Chi: The company offers milk, packaged coconut water without fruit sugar, and oil.
• Gracekennedy Ltd.
• Happy Coco BV
• Helios Ingredients Ltd.
• MightyBee Ltd.
• NATURE INNOVATION
• PepsiCo Inc.
• The Coca Cola Co.
• The Green Coconut Foods Co. Ltd.
• The Vita Coco Co. Inc.
• TIANA Fairtrade Organics Ltd.

The report also covers the following areas:

• Coconut water market size in Europe
• Coconut water market trends in Europe
• Coconut water market industry analysis in Europe

Coconut water market in Europe 2023-2027: Market Dynamics

• Driver – The nutritional benefits of coconut water is notably driving the growth of the European coconut water market. Coconut water has become popular in Europe due to its many health benefits, leading to increased sales of packaged coconut water in the region. Consumers are starting to switch from sodas and other sugary drinks like juices and nectars to healthier drinks like coconut water. This natural drink contains sodium, potassium, and other important electrolytes, which have numerous health benefits. Coconut water is an excellent source of several nutrients such as vitamin C, magnesium, potassium, sodium, calcium, and manganese. Due to this, the demand for packaged coconut water has increased. Therefore, demand for packaged coconut water in Europe is expected to increase during the forecast period.
• Trends - Organic coconut water growth trends is one of the major trends impacting the growth of the European coconut water market. Organic coconut water is becoming more popular as consumers choose healthy, natural, and safe foods. In addition, many consumers in the region are concerned about the origin and quality of the raw materials used to make their products. In 2019, Germany accounted for almost 20% of global organic retail sales. In the UK, many leafy millennials and older consumers prefer organic food, accounting for almost 5% of the UK food and beverage market in 2019. However, high growth is expected during the forecast period. 
• Challenge- The manufacturing challenges faced by different market players are challenging the growth of the Europe coconut water market. Some of the biggest manufacturing challenges faced by packaged coconut water producers in the region are coconut water turbidity, requirements for proper manufacturing processes, and the risk of oxidation of various coconut products. Therefore, additional measures are required to protect the quality of beverages at all stages of the manufacturing process. Therefore, it is important for players to complete these challenges to have a smooth crafting process. The factors mentioned above impede the growth of the market during the forecast period. 

Drivers, trends, and challenges directly influence market dynamics and businesses. Find such key insights in the sample report!

Coconut water market in Europe 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist coconut water market in Europe growth during the next five years
• Estimation of the coconut water market in Europe size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the coconut water market in Europe
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of coconut water market in Europe vendors

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Related Reports:

• The coconut water market size in the US is estimated to grow at a CAGR of 22.27% between 2021 and 2026. The market size is forecasted to increase by USD 2.46 billion. The market is segmented flavor (flavored coconut water and plain coconut water) and product (sweetened coconut water and unsweetened coconut water).
• The organic coconut water market is estimated to grow at a CAGR of 8.92% between 2021 and 2026. The size of the market is forecasted to increase by USD 435.48 million. The market is segmented by distribution channel (online and offline) and geography (APAC, North America, Europe, South America, and MEA). 

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Table of contents:

1. Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Flavor
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Europe: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ million)

4 Historic Market Size

• 4.1 Coconut water market in Europe 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Coconut water market in Europe 2017 - 2021 ($ million)

• 4.2 Flavour Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Flavour Segment 2017 - 2021 ($ million)

• 4.3 Product Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.4 Country Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 22: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Flavor

• 6.1 Market segments
• Exhibit 29: Chart on Flavor - Market share 2022-2027 (%)
• Exhibit 30: Data Table on Flavor - Market share 2022-2027 (%)

• 6.2 Comparison by Flavor
• Exhibit 31: Chart on Comparison by Flavor
• Exhibit 32: Data Table on Comparison by Flavor

• 6.3 Flavored coconut water - Market size and forecast 2022-2027 
• Exhibit 33: Chart on Flavored coconut water - Market size and forecast 2022-2027 ($ million)
• Exhibit 34: Data Table on Flavored coconut water - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Chart on Flavored coconut water - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Flavored coconut water - Year-over-year growth 2022-2027 (%)

• 6.4 Plain coconut water - Market size and forecast 2022-2027 
• Exhibit 37: Chart on Plain coconut water - Market size and forecast 2022-2027 ($ million)
• Exhibit 38: Data Table on Plain coconut water - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Chart on Plain coconut water - Year-over-year growth 2022-2027 (%)
• Exhibit 40: Data Table on Plain coconut water - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Flavor 
• Exhibit 41: Market opportunity by Flavor ($ million)
• Exhibit 42: Data Table on Market opportunity by Flavor ($ million)

7 Market Segmentation by Product

• 7.1 Market segments
• Exhibit 43: Chart on Product - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 45: Chart on Comparison by Product
• Exhibit 46: Data Table on Comparison by Product

• 7.3 Sweetened coconut water - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Sweetened coconut water - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Sweetened coconut water - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Sweetened coconut water - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Sweetened coconut water - Year-over-year growth 2022-2027 (%)

• 7.4 Unsweetened coconut water - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Unsweetened coconut water - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Unsweetened coconut water - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Unsweetened coconut water - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Unsweetened coconut water - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Product 
• Exhibit 55: Market opportunity by Product ($ million)
• Exhibit 56: Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 58: Chart on Market share by geography - 2022-2027 (%)
• Exhibit 59: Data Table on Market share by geography - 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 60: Chart on Geographic comparison
• Exhibit 61: Data Table on Geographic comparison

• 9.3 UK - Market size and forecast 2022-2027 
• Exhibit 62: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 65: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.4 France - Market size and forecast 2022-2027 
• Exhibit 66: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 69: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.5 Spain - Market size and forecast 2022-2027 
• Exhibit 70: Chart on Spain - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Data Table on Spain - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Chart on Spain - Year-over-year growth 2022-2027 (%)
• Exhibit 73: Data Table on Spain - Year-over-year growth 2022-2027 (%)

• 9.6 Germany - Market size and forecast 2022-2027 
• Exhibit 74: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.7 Rest of Europe - Market size and forecast 2022-2027 
• Exhibit 78: Chart on Rest of Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Data Table on Rest of Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Chart on Rest of Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 81: Data Table on Rest of Europe - Year-over-year growth 2022-2027 (%)

• 9.8 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)
• Exhibit 83: Data Table on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 84: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 85: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 86: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 87: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 88: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 89: Matrix on vendor position and classification

• 12.3 Chi
• Exhibit 90: Chi - Overview
• Exhibit 91: Chi - Product / Service
• Exhibit 92: Chi - Key offerings

• 12.4 Cocofina Ltd.
• Exhibit 93: Cocofina Ltd. - Overview
• Exhibit 94: Cocofina Ltd. - Product / Service
• Exhibit 95: Cocofina Ltd. - Key offerings

• 12.5 First Grade International 
• Exhibit 96: First Grade International - Overview
• Exhibit 97: First Grade International - Product / Service
• Exhibit 98: First Grade International - Key offerings

• 12.6 Goya Foods Inc.
• Exhibit 99: Goya Foods Inc. - Overview
• Exhibit 100: Goya Foods Inc. - Product / Service
• Exhibit 101: Goya Foods Inc. - Key offerings

• 12.7 Gracekennedy Ltd.
• Exhibit 102: Gracekennedy Ltd. - Overview
• Exhibit 103: Gracekennedy Ltd. - Business segments
• Exhibit 104: Gracekennedy Ltd. - Key news
• Exhibit 105: Gracekennedy Ltd. - Key offerings
• Exhibit 106: Gracekennedy Ltd. - Segment focus

• 12.8 Happy Coco BV
• Exhibit 107: Happy Coco BV - Overview
• Exhibit 108: Happy Coco BV - Product / Service
• Exhibit 109: Happy Coco BV - Key offerings

• 12.9 Helios Ingredients Ltd. 
• Exhibit 110: Helios Ingredients Ltd. - Overview
• Exhibit 111: Helios Ingredients Ltd. - Product / Service
• Exhibit 112: Helios Ingredients Ltd. - Key offerings

• 12.10 NATURE INNOVATION
• Exhibit 113: NATURE INNOVATION - Overview
• Exhibit 114: NATURE INNOVATION - Product / Service
• Exhibit 115: NATURE INNOVATION - Key offerings

• 12.11 PepsiCo Inc.
• Exhibit 116: PepsiCo Inc. - Overview
• Exhibit 117: PepsiCo Inc. - Business segments
• Exhibit 118: PepsiCo Inc. - Key news
• Exhibit 119: PepsiCo Inc. - Key offerings
• Exhibit 120: PepsiCo Inc. - Segment focus

• 12.12 The Coca Cola Co.
• Exhibit 121: The Coca Cola Co. - Overview
• Exhibit 122: The Coca Cola Co. - Business segments
• Exhibit 123: The Coca Cola Co. - Key news
• Exhibit 124: The Coca Cola Co. - Key offerings
• Exhibit 125: The Coca Cola Co. - Segment focus

• 12.13 The Green Coconut Foods Co. Ltd. 
• Exhibit 126: The Green Coconut Foods Co. Ltd. - Overview
• Exhibit 127: The Green Coconut Foods Co. Ltd. - Product / Service
• Exhibit 128: The Green Coconut Foods Co. Ltd. - Key offerings

• 12.14 The Vita Coco Co. Inc. 
• Exhibit 129: The Vita Coco Co. Inc. - Overview
• Exhibit 130: The Vita Coco Co. Inc. - Business segments
• Exhibit 131: The Vita Coco Co. Inc. - Key offerings
• Exhibit 132: The Vita Coco Co. Inc. - Segment focus

• 12.15 Tropical Sun Foods
• Exhibit 133: Tropical Sun Foods - Overview
• Exhibit 134: Tropical Sun Foods - Product / Service
• Exhibit 135: Tropical Sun Foods - Key offerings

• 12.16 Universal Food Public Co. Ltd. 
• Exhibit 136: Universal Food Public Co. Ltd. - Overview
• Exhibit 137: Universal Food Public Co. Ltd. - Product / Service
• Exhibit 138: Universal Food Public Co. Ltd. - Key offerings

• 12.17 Worlds Coconut Trading S.L. 
• Exhibit 139: Worlds Coconut Trading S.L. - Overview
• Exhibit 140: Worlds Coconut Trading S.L. - Product / Service
• Exhibit 141: Worlds Coconut Trading S.L. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 142: Inclusions checklist
• Exhibit 143: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 144: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 145: Research methodology
• Exhibit 146: Validation techniques employed for market sizing
• Exhibit 147: Information sources

• 13.5 List of abbreviations 
• Exhibit 148: List of abbreviations

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