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As of 2022, the size of the global coconut water market was US$ 6.4 billion. IMARC Group projects that the market will grow at a rate of 16.5% from 2023 to 2028, reaching US$ 16.5 billion by that time.
Health Benefits
Coconut water contains a good amount of potassium which is essential for muscle function ,and calcium, which is crucial for bone health.
Coconut water also provides magnesium, which plays a role in protein synthesis, blood sugar regulation, and muscle and nerve function.
Coconut water contains 94% water and very little fat. It should not be confused with coconut milk, which is made by adding water to grated coconut meat. Coconut milk contains about 50% water and is quite high in fat.
Global Market
Coconut water-based sports drinks and energy drinks are been actively promoted in the western markets, capitalizing on its natural electrolyte content.
Sri Lanka faces competition from other coconut-producing countries like the Philippines, Indonesia, and Thailand, which are already established players in the global coconut water market
