DUBLIN, Feb. 23, 2021 /PRNewswire/ — The “Coconut Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
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The global coconut water market reached a value of US$ 4.57 Billion in 2020. Looking forward, the global coconut water market to reach a value of US$ 12.13 Billion by 2026, exhibiting a CAGR of 17.12% during 2021-2026.
Coconut water is the clear liquid found inside green coconuts. It has a sweet and nutty flavor and contains easily digestible carbohydrates in the form of natural electrolytes and sugars. Rich in potassium, sodium, manganese, calcium and magnesium, it is widely consumed as a low-calorie refreshing beverage that aids in preventing dehydration. It also contains cytokines and phytohormones, which have various antiaging, anticarcinogenic and antithrombic properties.
The increasing health consciousness among the masses is one of the key factors driving the growth of the market. With the rising prevalence of lifestyle diseases, there is a growing consumer preference for coconut water as a remedy for various metabolic disorders and other ailments, such as diabetes, obesity, kidney stones, liver damage, hypertension and impaired digestion…