Chinese Coconut Water Market to Double in Size Within Four Years, Despite Increased Competition

Key summary

The Chinese coconut water market expanded more than twofold between 2022 and 2024, and is projected to grow by another factor of two within the next four years. The primary consumer base is located in Tier 2 cities in China. Key factors driving this growth include value for money and convenient distribution channels, such as supermarkets and convenience stores. China imports more than 90% of its coconut raw materials. The total market value increased from 3.54 billion yuan in 2022 to 7.91 billion yuan in 2024, and is expected to reach 16.53 billion yuan in 2028. The bottled coconut water market is valued at approximately $1.09 billion in 2024, and is projected to increase to $1.7 billion in 2026. Forty-two point one-eight percent of consumers want businesses to control prices and increase value, while forty point one-six percent want to expand distribution channels. The T/CNLI 001-2025 standard, which came into effect in 2025, stipulates that products with added sugar or water must be labeled as "coconut-flavored drinks," not "coconut water." An inspection in February 2026 found that some brands claiming to be 100% coconut water may contain added water and sugar. Thailand exported young coconuts worth $197 million in 2025, with China being the primary market, accounting for 81.5%. However, businesses face intense competition and supply chain constraints.