The Packaged Coconut Water Market is estimated to hit $10.113 billion by 2023.
Packaged coconut water is one of the fastest growing beverage categories globally. Packaged coconut water market is estimated to witness significant growth in the coming years, owing to the rising product
launches coupled with growing innovations by adding various flavors to coconut water. Packaged coconut water market is valued at $2.689 billion in 2017 and is estimated to reach revenue of $10.113 billion by 2023 with an anticipated growth of CAGR 24.2% during 2018-2023.
The value chain analysis deals with the comprehensive evaluation of each activity involved in the processing of any product/service, and finally delivering it to the end-users. Each stage across the value chain of a product or service is associated with creating some sort of monetary value. The value chain analysis can offer the company to examine every activity across the value chain and
identify the steps where elimination or modification is essential.
Excerpts on Market Growth Factors Mentioned in the Full Report:
Packaged coconut water market is poised to witness significant growth owing to its purported health benefits, which include high levels of potassium and other minerals along with low calories and fat quantity. Higher demand and less availability of the raw materials, especially in the western countries will create new opportunities for packaged coconut water market.
Innovation in processing and packaging methods gaining the traction of the consumers is propelling the packaged coconut water market globally.
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