GCC Coconut Water Market Report 2021-26: Trends, Scope, Demand, Opportunity
According to the latest report by IMARC Group “GCC Coconut Water Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The GCC coconut water market is currently witnessing robust growth. the market is expected to continue its robust growth during the forecast period (2021-2026).
Coconut water is a clear liquid that has a sweet and nutty flavor. It is enriched with easily digestible carbohydrates in the form of natural electrolytes and sugars. It is also a rich source of phytohormones and cytokines, with various anticarcinogenic, antiaging, and antithrombic properties.In the GCC countries, coconut water has become a preferred choice for rehydration among individuals due to the presence of healthy nutrients, such as magnesium, calcium, sodium, potassium and manganese.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The GCC coconut water market is primarily driven by innovative marketing strategies adopted by key players to promote their products among consumers. In addition, they are also introducing products using coconut water, such as candies and various mixes, which is fueling the market growth. Moreover, with the increasing awareness about lifestyle diseases, there has been rising consumer preference for coconut water as it serves as a remedy for various metabolic disorders, obesity, diabetes, liver damage, hypertension, kidney stones, and impaired digestion. Furthermore, the prevalence of favorable government policies for encouraging coconut farming is also creating a positive outlook for the market.
Breakup by Type:
Sweetened
Unsweetened
Breakup by Flavor:
Plain
Flavoured
Breakup by Form:
Coconut Water
Coconut Water Powder
Breakup by Packaging:
Carton
Bottles
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Online Retail Stores
Others
Breakup by Country:
Saudi Arabia
UAE
Qatar
Oman
Kuwait
Bahrain
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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