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Over the last ten years, the coconut beverages market in China has seen a significant rise, propelled by a rising awareness towards health, a transition to plant-centered diets, and a surge in demand for functional drinks. The rise in popularity of coconut-based drinks, specifically coconut water and coconut milk, can be attributed to their believed health advantages, adaptability, and attraction as natural, low-calorie alternatives when compared to sugary beverages and dairy items. The market for coconut beverages in China started to pick up pace in the early 2000s. Coconut products like coconut milk and desiccated coconut have long been staples in Chinese cuisine. However, it was only with the emergence of worldwide health trends that coconut water and milk-based beverages gained traction as convenient ready-to-consume options. Coconut milk-based beverages started becoming popular as a result of the rising need for dairy-free and lactose-free options. These beverages offer a luscious plant-based alternative ideal for individuals with lactose intolerance or those aiming to cut down on dairy consumption for health or ethical considerations. The arrival of coconut water in the Chinese market during the early 2010s significantly contributed to the growth of the category. Coconut water was presented as a nutritious drink packed with electrolytes, ideal for rehydrating and replenishing essential minerals after engaging in physical activities. The health-conscious consumers and athletes found the natural, low-calorie, and nutrient-rich qualities of coconut water quite alluring, contributing to the growth of the market. The coconut beverages market in China was initially influenced by international brands that introduced coconut water to Chinese consumers. With the rising popularity of functional and hydrating beverages, local businesses began introducing coconut water products at more affordable prices, in response to increased consumer demand. Chinese consumers have also started to embrace coconut milk as a versatile ingredient, using it for both beverages and dishes.
According to the research report "China coconut beverages Market Overview, 2029," published by Bonafide Research, the china coconut beverages market is anticipated to grow at more than 13.64% CAGR from 2024 to 2029. The coconut beverages market in China has seen robust growth, driven by the rising demand for plant-based, functional drinks. As health-conscious consumers lean towards natural, low-calorie, and nutrient-rich beverages, coconut-based drinks like coconut water, coconut milk, and coconut smoothies have become a popular choice in numerous households. The growth of the market is being fueled by various key trends, factors contributing to expansion, and challenges, as well as the evolution of promotional and marketing strategies. Consumers in China are increasingly prioritizing their health, resulting in a rising demand for beverages offering functional benefits. Coconut water, known for its abundance of electrolytes, potassium, and magnesium, is widely considered as a refreshing and nutritious substitute for sugary sodas and energy drinks. The increased curiosity for low-calorie, sugar-free, and natural beverages is fueling the popularity of coconut water. An increasing focus on health and well-being, especially following the pandemic, has led to a rise in the popularity of coconut beverages. Consumers are on the lookout for beverages that offer nutritional advantages like hydration, energy boost, and digestion support. Challenges encountered by the market include factors like price sensitivity, particularly in smaller cities, and rivalry from alternative health beverages like fruit juices and tea-based drinks. Furthermore, there are also worries regarding the authenticity and origin of the products. Brands in China are progressively embracing digital marketing and collaborating with influencers to connect with a younger generation who prioritize their health and well-being. Social media platforms play a crucial role in promoting coconut beverage brands. Businesses are tapping into the health and wellness craze while tailoring flavors to suit the preferences of Chinese consumers.
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The coconut beverages market in China is seeing notable growth due to the increasing demand for beverages made from coconut milk and coconut water. With consumers seeking healthier plant-based options more and more, coconut beverages have become prominent players in the market, meeting a variety of consumer preferences. Coconut milk beverages have gained popularity in China, especially with consumers looking for dairy-free and lactose-free options. With the increasing popularity of plant-based diets, coconut milk is now being more commonly utilized as an alternative to traditional dairy milk in various items such as coffee, smoothies, baked goods, and desserts. Coconut milk is famous for its luscious texture and inherent sweetness, making it a perfect addition for various culinary uses. The increasing awareness of lactose intolerance, veganism, and gluten-free diets is boosting the market for coconut milk-based beverages in China. Moreover, coconut milk is recognized for its contribution of beneficial fats, specifically medium-chain triglycerides (MCTs), that are thought to enhance metabolism and promote general well-being. Brands have introduced coconut milk beverages that attract vegans, lactose-intolerant individuals, and those aiming to decrease their consumption of animal-derived products. This particular segment has seen considerable popularity in supermarkets, specialty stores, and also on e-commerce platforms in China. With a high concentration of electrolytes like potassium, sodium, and magnesium, coconut water is presented as a superior option to sweetened sports beverages and sodas. It is a popular choice among health-conscious individuals, athletes, and those seeking to rehydrate after physical activity. The increasing recognition of the health advantages of coconut water has fueled its fast growth in the Chinese market.
The coconut beverages market in China is witnessing strong growth in different sectors such as dairy alternatives, cooking and baking, and ready-to-drink beverages. These product categories are gaining popularity among Chinese consumers looking for healthier, plant-based, and functional options to align with their changing dietary preferences. An important development in the China coconut beverages market is the increasing popularity of dairy alternatives, particularly among individuals who are lactose intolerant, following vegan diets, or seeking to cut back on dairy for health purposes. Coconut milk-based drinks have increasingly become a popular alternative to traditional dairy milk in items like coffee, smoothies, and cereal. These drinks are famous for their smooth consistency and gently sweet taste, making them very attractive for use in both savory and sweet dishes. The increasing awareness of sustainable and ethical consumption is boosting the demand for dairy-free beverages, with coconut milk emerging as a favored option compared to traditional animal-based dairy products. . Preparing delicious meals and pastries. Coconut milk and coconut water are both crucial ingredients when it comes to enhancing flavors in cooking and baking. Coconut milk, known for its rich and creamy texture, is a multipurpose ingredient often found in Chinese and Southeast Asian recipes. It improves the texture and flavor of dishes like curries, soups, and sauces, along with sweet treats like cakes, cookies, and pies. The increasing popularity of plant-based cuisine has sparked a rise in the use of coconut milk in Chinese urban households. More and more consumers exploring plant-based options in their culinary endeavors are opting for coconut milk, thanks to its inherent sweetness and beneficial fat profile.
Considered in this report
• Geography: Global
• Historic Year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029
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Aspects covered in this report
• Global Coconut Beverages Market with its value and forecast along with its segments
• Region & country wise Coconut Beverages market analysis
• Application wise Coconut Beverages distribution
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Type
• Coconut-Milk Based Beverages And Creams
• Coconut-Water Based Beverages
By Application
• Dairy Alternative
• Cooking and Baking
• Ready-to-Drink Beverages
• Others
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The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agriculture industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. China Macro Economic Indicators
5. Market Dynamics
5.1. Market Drivers & Opportunities
5.2. Market Restraints & Challenges
5.3. Market Trends
5.3.1. XXXX
5.3.2. XXXX
5.3.3. XXXX
5.3.4. XXXX
5.3.5. XXXX
5.4. Covid-19 Effect
5.5. Supply chain Analysis
5.6. Policy & Regulatory Framework
5.7. Industry Experts Views
6. China Coconut Beverages Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast, By Type
6.3. Market Size and Forecast, By Application
6.4. Market Size and Forecast, By Region
7. China Coconut Beverages Market Segmentations
7.1. China Coconut Beverages Market, By Type
7.1.1. China Coconut Beverages Market Size, By Coconut-Milk Based Beverages And Creams , 2018-2029
7.1.2. China Coconut Beverages Market Size, By Coconut-Water Based Beverages , 2018-2029
7.2. China Coconut Beverages Market, By Application
7.2.1. China Coconut Beverages Market Size, By Dairy Alternative, 2018-2029
7.2.2. China Coconut Beverages Market Size, By Cooking and Baking, 2018-2029
7.2.3. China Coconut Beverages Market Size, By Ready-to-Drink Beverages, 2018-2029
7.2.4. China Coconut Beverages Market Size, By Others, 2018-2029
7.3. China Coconut Beverages Market, By Region
7.3.1. China Coconut Beverages Market Size, By North, 2018-2029
7.3.2. China Coconut Beverages Market Size, By East, 2018-2029
7.3.3. China Coconut Beverages Market Size, By West, 2018-2029
7.3.4. China Coconut Beverages Market Size, By South, 2018-2029
8. China Coconut Beverages Market Opportunity Assessment
8.1. By Type, 2024 to 2029
8.2. By Application, 2024 to 2029
8.3. By Region, 2024 to 2029
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer
Table 1: Influencing Factors for Coconut Beverages Market Market, 2023
Table 2: China Coconut Beverages Market Size and Forecast, By Type (2018 to 2029F) (In USD Million)
Table 3: China Coconut Beverages Market Size and Forecast, By Application (2018 to 2029F) (In USD Million)
Table 4: China Coconut Beverages Market Size and Forecast, By Region (2018 to 2029F) (In USD Million)
Table 5: China Coconut Beverages Market Size of Coconut-Milk Based Beverages And Creams (2018 to 2029) in USD Million
Table 6: China Coconut Beverages Market Size of Coconut-Water Based Beverages (2018 to 2029) in USD Million
Table 7: China Coconut Beverages Market Size of Dairy Alternative (2018 to 2029) in USD Million
Table 8: China Coconut Beverages Market Size of Cooking and Baking (2018 to 2029) in USD Million
Table 9: China Coconut Beverages Market Size of Ready-to-Drink Beverages (2018 to 2029) in USD Million
Table 10: China Coconut Beverages Market Size of Others (2018 to 2029) in USD Million
Table 11: China Coconut Beverages Market Size of North (2018 to 2029) in USD Million
Table 12: China Coconut Beverages Market Size of East (2018 to 2029) in USD Million
Table 13: China Coconut Beverages Market Size of West (2018 to 2029) in USD Million
Table 14: China Coconut Beverages Market Size of South (2018 to 2029) in USD Million
Figure 1: China Coconut Beverages Market Size By Value (2018, 2023 & 2029F) (in USD Million) 32
Figure 2: Market Attractiveness Index, By Type 41
Figure 3: Market Attractiveness Index, By Application 42
Figure 4: Market Attractiveness Index, By Region 43
Figure 5: Porter's Five Forces of China Coconut Beverages Market Market 44
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