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Coconut Water Market By Nature (Conventional, Organic), Application
(Food, Beverages, Cosmetics & Personal Care), Flavour
(Unflavored/Original, Flavored), Sales Channel (B2B/Direct,
B2C/Indirect) & Region - Forecast to 2020 - 2030
Coconut Water Market - Analysis, Outlook, Growth, Trends, Forecasts
July 2020 | REP-GB-12177 |
260 pages
|
Food and
Beverage
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Coconut Water Market Outlook & Key
Findings
Future Market Insights (FMI) forecasts positive growth for
global coconut water market at a CAGR of 10.5% between
2020 and 2030
Consumer preferences are shifting towards natural
beverages hence big manufacturers are offering packaged
coconut water drinks and beverages to gain traction
Over 70% of coconut water accounts for original/
unflavored. Despite availability in various flavors, regular
coconut water will remain consumer favorite, accounting for
nearly one-fourth of the market, finds FMI
Pervasive Digitization of the Path to
Purchase and Last-Mile Delivery
Progressive developments at the junction between artificial
intelligence and flavour science are poised to revolutionize
global beverage industry.
From ‘Internet of Food’ to machine learning, manufacturers are
coming up with technologies that can predict flavour
combinations, tools are being developed that can offer solutions
to some of the critical challenges faced by the F&B industry.
Advancement in the field will enable the beverage sector to
radically optimize flavour formulation and product development.
Digital thread can enable calculation of nutritional profile of
products to finalizing recipes in lab, to monitoring the whole
supply chain and tracking ingredient sourcing from multiple
suppliers all the way to the consumers. Digitization has helped
re