Coconut Water Market Size, Growth, Forecast 2022-2028
A study recently conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the g lobal coconut water market was worth USD 4.4 Billion in the year 2020. The data gathered in the study suggest that the market is estimated to grow at the CAGR of 1 5.04 %, earning revenue of around USD 13.1 Billion by the end of 2027. Coconut water is an excellent source of many nutritional ingredients, including fiber, magnesium, minerals, vitamins, calcium, sodium, and potassium. These healthy constituents make it the ideal rehydration drink, increasing its popularity among gym-goers and sportsmen. The demand for coconut water is expected to rise as a result of these health benefits. Moreover, the global demand for coconut water has increased due to rising consumer awareness regarding the importance of drinking healthful beverages. Consequently, many foods and beverage manufacturers are investing the production ...