Australia Packaged Coconut Water Market Size, Share, and COVID-19 Impact Analysis, By Packaging (Bottles, Cans, Pouches, Tetra Packs, and Cartons), By Distribution Channel (Online, Supermarkets/Hypermarket, Grocery/Convenience Stores, and Others), and Australia Packaged Coconut Water Market Insights, Industry Trend, Forecasts to 2033
Industry: Food & BeveragesAustralia Packaged Coconut Water Market Insights Forecasts to 2033
- The Australia Packaged Coconut Water Market Size was valued at USD 0.06 Billion in 2023.
- The Market Size is Growing at a CAGR of 21.77% from 2023 to 2033
- The Australia Packaged Coconut Water Market Size is Expected to Reach USD 0.43 Billion by 2033
Get more details on this report -
The Australia Packaged Coconut Water Market Size is Anticipated to Reach USD 0.43 Billion by 2033, Growing at a CAGR of 21.77% from 2023 to 2033
Market Overview
A healthy, calorie deficit and nourishing beverage with a sweet and nutty taste is yielded from the coconut tree known as coconut water, which is a natural source of electrolytes like potassium, calcium, magnesium, and sodium. It is rich in phytohormones and cytokines beneficial for large-scale fighting of aging and cancer with thrombosis. Therefore, it improves heart health by reducing blood pressure, and it increases metabolism, and reduces blood sugar. The increasing health concerns of dehydration and digestive problems result in the growing demand for fresh coconut water. Some flavors available for coconut water include mango, pineapple, lime, and matcha tea. The packaged coconut water market is opening up broadly in Australia, spurred by dietary preferences of working people and greater awareness about numerous health benefits derived from drinking coconut water, including bettered digestive function, less blood pressure, and maintenance of hydration.
Report Coverage
This research report categorizes the market for the Australia packaged coconut water market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Australia packaged coconut water market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Australia packaged coconut water market.
Australia Packaged Coconut Water Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 0.06 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 21.77% |
2033 Value Projection: | USD 0.06 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 164 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Packaging, By Distribution Channel |
Companies covered:: | Amy And Brian, C2o Pure Coconut Water, Celebes Coconut Corporation, CocoCoast, Elegance Brands Inc, Taste Nirvana, GraceKennedy Group, Harmless harvest, Mojo Organics Inc, Wai Koko Coconut Water, and Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
Get more details on this report -
Driving Factors
The demand for coconut water in Australia is growing because of the health and fitness benefits; it has very few fats, calories, and carbohydrates and is full of many minerals and antioxidants. In addition, coconut water possesses medicinal properties that help regulate blood pressure, functionally maintaining kidneys and the heart. The electrolytes and minerals have also gained popularity along with so many treatments for diabetes. The increased awareness about possible advantages of coconut water will drive to growth in the Australia market.
Restraining Factors
The consumption of chemical preservatives like sodium benzoate, which with vitamin C ascorbic acid content in fruits and vegetables could react with each other to produce the carcinogen benzene, may limit the growth of the coconut water market over the estimated period.
Market Segmentation
The Australia packaged coconut water market share is classified into packaging and distribution channel.
- The tetra packs segment is expected to hold the largest market share through the forecast period.
The Australia packaged coconut water market is segmented by packaging into bottles, cans, pouches, tetra packs, and cartons. Among these, the tetra packs segment is expected to hold the largest market share through the forecast period. This packing helps extend the shelf life of the liquid while keeping it far from bacterial and germ contamination. The products are protected for a couple of months. Several layers constitute a tetra pack. Some of the materials that make up each layer include aluminum, polyethylene, a species of polymer, and wood paperboard. The selection of materials also helps in giving the packaging a lightweight.
- The online segment is expected to dominate the Australia packaged coconut water market during the forecast period.
Based on the distribution channel, the Australia packaged coconut water market is divided into online, supermarket/hypermarket, grocery/convenience stores, and others. Among these, the online segment is expected to dominate the Australia packaged coconut water market during the forecast period. This can be attributed to the online stores can be accessible anytime, and it has emerged as the new preferred shopping avenue for all generations. Its most profitable aspect for channel customers is the convenience of making purchases while relaxing at home.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Australia packaged coconut water market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Amy And Brian
- C2o Pure Coconut Water
- Celebes Coconut Corporation
- CocoCoast
- Elegance Brands Inc
- Taste Nirvana
- GraceKennedy Group
- Harmless harvest
- Mojo Organics Inc
- Wai Koko Coconut Water
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In October 2024, Raw C, in response to demand in the market for healthier alternatives to beverages, expanded their products list. Portable packaging options have been cited as a boost for the proliferation of the market. Raw C's expansion was marked recently as new product formats and sizes hit major Australian retailers. The expansion reaches five additional products across 4000 stores nationwide.
Market Segment
This study forecasts revenue at Australia, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Australia packaged coconut water market based on the below-mentioned segments:
Australia Packaged Coconut Water Market, By Packaging
- Bottles
- Cans
- Pouches
- Tetra Packs
- Cartons
Australia Packaged Coconut Water Market, By Distribution Channel
- Online
- Supermarket/Hypermarket
- Grocery/Convenience Store
- Others
Need help to buy this report?