Press Release

Packaged Coconut Water Market in India to Grow at CAGR 17% till 2022

Rising consumer demand for healthier substitutes coupled with acceptance of ayurvedic and natural products and favorable sociodemographic factors are expected to drive India packaged coconut water market through 2022

According to TechSci Research report, India Packaged Coconut Water Market By Type, By Packaging Type, By Distribution Channel, Competition Forecast & Opportunities, 2012 – 2022”, packaged coconut water market in India is projected to exhibit a CAGR of over 17% during 2017-2022, on account of rising young working class population base along with increasing personal disposable income and surging heath consciousness. In addition, changing dietary habits due to busy lifestyles, growing awareness among consumers and widening of distribution channels are further predicted to positively affect the market. According to National Council of Applied Economic Research, in 2015, the number of middle class households in India were 53.30 million, which is expected to reach 113.80 million by 2025. According to the World Bank, in 2015 India’s urban population percentage stood at 32.75%, and this figure is set to increase in the coming years. Consequently, such factors along with proliferating organized sector and e-commerce channels are likely to propel the market during the forecast period.

Browse 17 market data Tables and 43 Figures spread through 112 Pages and an in-depth TOC on "India Packaged Coconut Water Market"

https://www.techsciresearch.com/report/india-packaged-coconut-water-market-by-type-natural-vs-blended-by-sales-type-retail-vs-direct-by-packaging-type-plastic-bottle-others-by-distribution-channel-grocery-store-others-competition-forecast-opportunities/1051.html

Consistently accelerating demand for natural health beverages and potential health benefits of coconut water over carbonated energy drink led natural packaged coconut water market to capture the largest share in India packaged coconut water in 2016. However, the segment is anticipated to observe slight decline in its share by 2022 on the back of rising trend for blended natural packaged coconut water. Expanding organized retail sales dominated the market in 2016 with grocery/convenience stores garnering huge market share in the indicated year on the back of multiple offerings and ease of shopping. Plastic bottle is the most preferred choice of packaging among the players as it brings down the overall cost of the product, thereby making it viable for price sensitive Indian consumers. Some of the leading players operating in India packaged coconut water market include Jain Agro Food Products Private Limited, Pure Tropic, Dabur India Limited, Lifetree Agro, Foods Private Limited, Nilgai Foods Private Limited, etc.

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Emerging trend of “dual income no kids early retirement (DINKER)”, growing nuclear families, increasing focus on brand endorsements and consumers in tier I and tier II cities, exploitation of technology coupled with expanding distribution networks of the leading players is expected to drive the packed coconut water market in India during the forecast period. Moreover, evolving demand from North region of the country due to changing lifestyles is another major factor responsible to steer the growth of packaged coconut water market in the country through 2022.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.   

India Packaged Coconut Water Market By Type, By Packaging Type, By Distribution Channel, Competition Forecast & Opportunities, 2012 – 2022” has evaluated the future growth potential of India packaged coconut water market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India packaged coconut water market.

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Relevant Reports

India Packaged Coconut Water Market By Type (Natural Vs. Blended), By Sales Type (Retail Vs. Direct), By Packaging Type (Plastic Bottle & Others), By Distribution Channel (Grocery Store & Others), Competition Forecast & Opportunities, 2012 – 2022

FMCG and Retail | Jun, 2017News

Rising consumer demand for healthier substitutes coupled with acceptance of ayurvedic and natural products and favorable sociodemographic factors are expected to drive India packaged coconut water market through 2022

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