Coconut Products Market Share

Market Share of Coconut Products Industry

The Global coconut products market is highly competitive with the presence of several regional players as well as some global players in markets across different regions. The players with significant market shares include Vita Coco Inc, ZICO Beverages, Ducoco, and Coco do Vale. Companies are focusing on various corporate strategies to enhance their consumer base and geographical presence in the market. The companies have been active in the coconut products market. For instance, in December 2020, Vita Coco released Choc-o-lot, a chocolate drink made of coconut milk and vegan. This contains less than 100 calories. Choc-o-lot is rich in potassium and immune-supporting vitamin C. The companies also focus on developing an extensive distribution channel to gain a competitive advantage in the coconut products market. Furthermore, consumers' economies of scale and high brand loyalty give these companies an upper edge in the market.

Coconut Products Market Leaders

1. ZICO BEVERAGES​

2. Ducoco Alimentos SA

3. THE VITA COCO COMPANY, INC.

4. Coco do Vale

5. PT. Pulau Sambu

*Disclaimer: Major Players sorted in no particular order