The Asia-Pacific coconut water and milk market is expected to reach USD 11,857,216.67 thousand by 2031 from 4,131,294.39 thousand in 2024, growing with a substantial CAGR of 16.3% in the forecast period of 2024 to 2031.
Market Segmentation
Asia-Pacific Coconut Water and Milk Market, Product (Water and Milk), Countries (Philippines, Thailand, Indonesia, India, China, Vietnam, Japan, Malaysia, Singapore, South Korea, Hong Kong, Taiwan, Australia, and Rest of Asia-Pacific) - Industry Trends and Forecast to 2031.
Overview of Asia-Pacific Coconut Water and Milk Market Dynamics
- Drivers
- Increasing variations of coconut water and milk
- Growing preference for natural and functional beverages
- Restraint
- Stringent regulatory standards and certification requirements
- Opportunity
- Rising upward trend in consumer inclination toward dairy-free alternatives
Market Players
Some of the major market players operating in the Asia-Pacific coconut water and milk market are:
- Harmless Harvest
- ZICO Rising, Inc.
- Amy & Brain Naturals
- NILO
- Life Refreshed Brands - Real Coco.
- MADHURA COCO FRESH.
- The Neighborhood Beverage Co.
- RAW C
- C-COCONUT WATER
- CocoCoast
- Made (Aust) Pty Ltd.
- Dabur India Ltd.
- The Vita Coco Company
- Arcadia Biosciences
- PepsiCo, Inc.
- TROPICAL SUN
- Cocomi Bio Organic
- Innovative Food & Beverage
- CoAqua
- Lifetree Agro Foods Pvt. Ltd
- Roligt Foods Pvt Ltd
- Pamposh Foods India Pvt.
- RITA Food & Drink Co.,Ltd.
- Ben Tre
- Thaicoconut