According to the India coconut water and fortified water market report by IMARC Group, the market reached a value of INR 4,474.30 Crore in 2021, and it is projected to reach INR 9,022.50 Crore by 2027, exhibiting a CAGR of 12.60% during 2022-2027.
Coconut water refers to the sweet and nutty flavored clear water found inside green coconuts. It comprises of a high amount of natural electrolytes and is extensively consumed as a low-calorie refreshing beverage that helps control dehydration. Fortified water mainly consists of liquids that are rich in healthy fats, proteins, vitamins, minerals, bioactive botanicals, etc. Both coconut water and fortified water offer several antiaging, anticarcinogenic, and antithrombic properties. As such, they are widely available in supermarkets, convenience stores, hypermarkets, specialty stores, online channels, etc., across India.
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India Coconut Water and Fortified Water Market Trends and Drivers:
The escalating prevalence of various chronic ailments, such as diabetes, obesity, kidney stones, digestive disorders, etc., is among the primary factors driving the India coconut water and fortified water market. Besides this, the emerging trend of naturopathy and the rising awareness towards the nutritional benefits of these beverages are further augmenting the market growth.
Apart from this, the increasing participation of individuals in fitness and athletic activities is also catalyzing the market across India. Moreover, the growing popularity of packaged and ready-to-drink (RTD) liquids for on-the-go consumption, on account of the hectic lifestyles of consumers, is acting as another significant growth-inducing factor.
Furthermore, the introduction of organic product variants that are free from preservatives, artificial colors, and chemical additives is anticipated to propel the India coconut water and fortified water market over the forecasted period.
India Coconut Water and Fortified Water Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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Coconut Water and Fortified Water Companies:
Agricoles Naturel Foods, Dabur India Limited, Hector Beverages Pvt. Ltd., Jain Agro Food Products Pvt. Ltd., Madhura Agro Process Pvt. Ltd., Manpasand Beverages Limited, Nature’s First India Pvt. Ltd., Nilgai Foods Pvt. Ltd., Pure Tropic, RAW Pressery, Sakthi Coco Products, Coca-Cola India, FDC Private Limited, G7 Beverages, Hector Beverages Pvt. Ltd., NourishCo Beverages Limited and Pepsico India.
The report has segmented the market on the basis of region, market type, pack type, pack size and distribution channel.
Breakup by Market Type:
- Unorganized
- Organized
Breakup by Pack Type:
- Bottles
- Tetra
- Others
Breakup by Pack Size:
- 200 ML
- 1000 ML
- 500 ML
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Specialty Stores
- Others
Breakup by Region:
- North India
- Delhi NCR
- Uttar Pradesh
- Haryana
- Rajasthan
- Punjab
- Others
- West and Central India
- Maharashtra
- Gujrat
- Madhya Pradesh
- Others
- East India
- West Bengal
- Bihar
- Orissa
- Jharkhand
- Others
- South India
- Tamil Naidu
- Karnataka
- Andhra Pradesh
- Others
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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