Coconut Water Market, Size, Share, Trends, Industr
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The industry analysis report on global Coconut Water market provides detailed analysis and market size in terms of revenue ($ billion) and volume (million liters). According to Arizton, the global Coconut Water market is expected to cross $8.3 billion by 2023. The research report provides detailed segmental analysis by Packaging Type (Paper and paperboard, Metal, and Plastic) by Product Type (Sweetened and Unsweetened) by Variant (Plain and Flavored) by Distribution Channels (Hypermarkets and supermarkets, Convenience stores, Specialty stores, and Other) by Geography (APAC, EMEA, North America and Latin America).

Coconut water is the liquid inside coconuts. It is usually extracted from young and tender coconuts, which are six to nine months old, wherein the maximum yield of desired taste can be extracted. This ubiquitous juice product has displayed a stellar growth in the consumption over the past few years and is often referred as a major growth story in the beverage market.

The global packaged coconut water market size will cross US$8.3 billion, growing significantly with a CAGR of 25% during the period 2017−2023. The market is expected to increase in terms of volume and revenues. The packaged coconut water market is set to expect the entry of major FMCG companies and major retailers looking forward to launching coconut water on their own labels. Majors such as PepsiCo, Coca-Cola, and Vita Coco are expected to commit investments to the tune of $1 billion over the forecast period.

Global Coconut Water Market Size

The report provides a holistic view of the global coconut water market, companies involved, and factors driving the growth of the market. It also provides information about the latest trends that have started to surface and are likely to become strong market driving forces over the next five years. This report also provides Porter’s Five Forces analysis along with a description of each force and its impact on the market. Further, the report also provides complete value chain analysis of the global market.

Packaged Coconut Water Market Key Vendor Analysis

The market structure of packaged coconut water can be termed to be diverse due to the fact that each of the geographies has its own competitive dynamics and intensity of competition. Latin America can be termed as the most competitive market on account of high product reach.

The packaged coconut water report profiles the leading vendors and provides a complete value chain analysis of the market. Strength, strategies, and opportunities of major companies are discussed in the report. It also enlists the major product offering of companies involved in the market.

The major vendors included in the report are as followings:

  • Amy and Brian Naturals
  • Coca-Cola
  • Green COCO
  • PepsiCo
  • Vita-Coco

Other prominent vendors mentioned in the report are C2O, C-Coconut Water, CHI, COCO Libre, Cocojal, DuCOCO, FOCO, H2 COCO, INVOCoconut, Taste Nirvana, Delta Meaf General Trading FZE, Arab Beverages, Thai Agri foods (TAF), Cocofina, Tradecons GMBH, Genuine Coconut, Goya Foods, Happy Coco, Kualu GMBH, Mighty Bee, Riri Technology, Rubicon, Tiana Fair Trade Organics, Tropical Sun Foods, Universal Food Public Company, Windmill Organics, Alnatura, Zumi Natural.

Packaged Coconut Water Market Dynamics

Increased global awareness of health and nutrition to boost the market growth

Increased global awareness over health and nutrition, consistent rise in global average temperature due to climatic change, and increased investments and pro-government policies in coconut farming to bolster the supply side are the major factors that are driving the market.

Increased presence for coconut water mix and concentrates, growing dominance of major FMCG players in the market, and ethical and fair-trade practices in food production are the latest trends that are going to drive the market during the forecast period. The report also includes the restraints of the market.  Increased prevalence of diseases and decreased productivity is one of the major factors that can impact the market growth negatively. 

Packaged Coconut Water Market Segmental Analysis

Flavored coconut water segment to lead the global Packaged coconut market

Plastic and paperboard remain to be major packaging materials, constituting more than three-fourths of the usage. The share of plastic, paper, and paperboard in the packaging of coconut water is likely to grow and outperform metal over the forecast period.

Sweetened coconut water to account for more than half of the overall coconut water market, while the remaining is unsweetened or negligibly sweetened. Analysts at Arizton indicate that 70% of flavored variants have witnessed success in the market with vendors quick enough in turning around the variants or launching new flavors.  The sale of flavored coconut water is forecasted to cross 1 billion liters by 2023.  Two emerging distribution channels for packaged coconut water are vending machines and e-commerce. Supermarkets and hypermarkets will be the most predominant distribution channels for these packaged drinks.

Packaged Coconut Water Market Geographical Analysis

APAC and North America to lead the market in terms of consumption and revenue, respectively

APAC is expected to be the market leader in terms of consumption due to enormous population potential the region has and a large production of coconut in key countries. Also in India, China, and Indonesia, the production and consumption of coconut are significantly high. Australia is another important market that is being viewed as the next major potential market in the region.  The report also states that APAC region will witness the maximum growth CAGR during the period 2017–2023

The drink suffers from a price premium compared to its substitutes, deterring its adoption in major geographies of Europe. Despite the same, there has been an increased interest in packaged coconut water, especially in the UK, Germany, and Italy.

Major drivers for the growth in the consumption of packaged coconut water in North America are shifting consumer preferences for healthier alternatives and implementing federal education programs informing the ill-effects of sugar-loaded drinks.

The global Coconut Water market will cross $8.3 billion by 2023, according to the latest market research report by Arizton. The global coconut water is expected to grow impressively at a CAGR of 25% during 2017-2023. The report provides detailed analysis and market size by product type, variant, packaging, distribution channels, and geography. The research report identifies Amy and Brian Naturals, Coca-Cola, Green COCO, PepsiCo and Vita-Coco as the leading vendors in the global coconut water market.

The packaged coconut water market size is expected to grow significantly at a CAGR close to 25% during the period 2017−2023.  The market is majorly driven by urbanization and change in food consumption habits and high investments and diversification of product portfolios by multinationals. The plastic and paperboard packaging segment will grow and outperform the metal packaging segment during the forecast period. Also, the flavored coconut water market size is expected to cross 1 billion liters, growing at a CAGR more than 26%. APAC is likely to lead the market with the highest CAGR growth during the forecast period.

Global Coconut Water Market Segments

Report Timeline

  • Historic Year:              2015–2016
  • Base Year:                  2017
  • Forecast Year:            2018–2023  


The major vendors included in the report are as followings:

  • Amy and Brian Naturals
  • Coca-Cola
  • Green COCO
  • PepsiCo
  • Vita-Coco

Other prominent vendors mentioned in the report are C2O, C-Coconut Water, CHI, COCO Libre, Cocojal, DuCOCO, FOCO, H2 COCO, INVOCoconut, Taste Nirvana, Delta Meaf General Trading FZE, Arab Beverages, Thai Agri foods (TAF), Cocofina, Tradecons GMBH, Genuine Coconut, Goya Foods, Happy Coco, Kualu GMBH, Mighty Bee, Riri Technology, Rubicon, Tiana Fair Trade Organics, Tropical Sun Foods, Universal Food Public Company, Windmill Organics, Alnatura, Zumi Natural.

Scope of the Report

The report considers the present scenario of the global packaged coconut water market and its dynamic for the period 2017−2023. It includes a detailed discussion on growth drivers, trends, and restraints. The report also analyzes leading vendors and other prominent vendors in the market. 

The scope of the report considers the retail sale of coconut water in the packaged form. In defining the packaged variant, we have included almost all the processes employed and variants generated through an extension of the shelf-life of coconut water post the extraction from their shells.  All the processed variants of coconut water intended for retail sales were considered in the scope; however, variants that were crudely packaged and refrigerated for domestic consumption remained out of scope as these labels are not registered for retail sales.

The report provides an in-depth analysis of the global packaged coconut water market. It considers the present scenario of the market and provides the market size, growth, trends, drivers challenges, key geographies and profiles major and emerging vendors. This report provides the details of the market size from the following segments:

  • Revenue
  • Volume

This market research report includes a detailed market segmentation of the market by the following segments: 

Packaging Type

  • Paper and paperboard
  • Metal
  • Plastic

Product Type

  • Sweetened
  • Unsweetened


  • Plain
  • Flavored

Distribution Channels

  • Hypermarkets and supermarkets
  • Convenience stores
  • Specialty stores
  • Other


  • APAC
  • EMEA
  • North America
  • Latin America


  • Brazil
  • Canada
  • China
  • Europe
  • Indonesia
  • India
  • MEA
  • Mexico
  • Other Countries in (APAC)
  • US

1          Research Methodology

2          Research objectives

3          Research process

4          Report Coverage

4.1       Market Definition

4.2       Base Year

4.3       Scope of Study

4.3.1   Market Segmentation by Variants

4.3.2   Market Segmentation by Packaging

4.3.3   Market Segmentation by Product Type

4.3.4   Market Segmentation by Distribution Channel

4.3.5   Market Segmentation by Geography


5          Report Assumptions & Caveats

5.1.1   Inclusions

5.1.2   Exclusions

5.2       Currency Conversion rate

5.3       Market Derivation


6          Market at a Glance

7          Introduction

8          Market Dynamics

8.1       Market Growth Enablers

8.1.1   Increased Global Awareness for Health and Nutrition

8.1.2   Persistent Increase in Temperature due to Climatic Change

8.1.3   High Investments and Pro-government Policies in Coconut Farming to Boost Supply Side

8.2       market growth restraint

8.2.1   Threat from Substitutes and Low Calorie Carbonated Drinks

8.2.2   Threat from Natural Disasters and Aging of Trees leading to Declining Harvest

8.2.3   Increased Prevalence of Diseases and Decreased Productivity

8.2.4   Challenges Related to Sourcing, Pricing, and Supply Chain

8.3       Market Opportunities & Trends

8.3.1   Growing Demand for Coconut Water Mix and Concentrates

8.3.2   Growing Dominance of Large FMCG Players in the Market

8.3.3   Ethical and Fair-Trade Practices


9          Global Packaged Coconut Water Market

9.1       Market Overview

9.1.1   Market Size & Forecast

9.1.2   Urbanization and Change in Food Consumption Habits

9.1.3   Increased Investments and Diversification of Product Portfolios by Multinationals

9.1.4   Functional Advantages of Products and Multiple Demand Channels

9.2       Porter’s Five Forces Analysis

9.2.1   Threat of New Entrants

9.2.2   Bargaining Power of Suppliers

9.2.3   Bargaining Power of Buyers

9.2.4   Threat of Substitutes

9.2.5   Competitive Rivalry


10        Packaged Coconut Water Market By Packaging

10.1    Market Overview

10.2    Paper and paperboard PACKAGING

10.2.1 Market Overview

10.2.2 Market Size and Forecast

10.2.3 Key Drivers

10.3    Metal Packaging

10.3.1 Market Overview

10.3.2 Market Size and Forecast

10.3.3 Key Drivers

10.4    Plastic packaging

10.4.1 Market Overview

10.4.2 Market Size and Forecast

10.4.3 Key Drivers


11        Coconut Water Market by Product Type

11.1    Market Overview

11.2    Sweetened Coconut Water

11.2.1 Market Overview

11.2.2 Market Size and Forecast

11.2.3 Key Drivers

11.3    Unsweetened Coconut Water

11.3.1 Market Overview

11.3.2 Market Size and Forecast


12        Coconut Water Market by Product Variant

12.1    Market Overview

12.2    Plain Coconut Water

12.2.1 Market Overview

12.2.2 Market Size and Forecast

12.2.3 Key Drivers

12.3    Flavored Coconut Water

12.3.1 Market Overview

12.3.2 Market Size and Forecast

12.3.3 Key Drivers


13        Coconut Water by Distribution Channel

13.1    Market Overview


14        Coconut Water Market by Geography

14.1    Geographical Overview


15        APAC: Packaged Coconut Water Market

15.1    market overview

15.1.1 Market Size and Forecast

15.2    Key Countries

15.2.1 China: Market Size and Forecast

15.2.2 Key Drivers

15.2.3 Indonesia: Market Size and Forecast

15.2.4 India: Market Size and Forecast

15.2.5 Key Drivers:

15.2.6 Other APAC Countries: Market Size and Forecast


16        EMEA: Packaged Coconut Water Market

16.1    Market Overview

16.1.1 Market Size and Forecast

16.2    Europe: Packaged coconut water market

16.2.1 Market Overview

16.2.2 Market Size and Forecast

16.2.3 Key Drivers

16.3    Key Countries

16.3.1 UK: Market Size and Forecast

16.3.2 Germany: Market Size and Forecast

16.4    MEA: Packaged Coconut Water Market

16.4.1 Market Size and Forecast

16.5    Key Countries

16.5.1 UAE: Market Size and Forecast


17        North America: Packaged Coconut Water Market

17.1    Market Overview

17.1.1 Market Size and Forecast

17.2    Key Countries

17.2.1 US: Market Size and Forecast

17.2.2 Key Drivers

17.2.3 Canada: Market Size and Forecast

17.2.4 Key Drivers


18        Latin America: Packaged Coconut Water Market

18.1    Market Overview

18.1.1 Market Size and Forecast

18.2    Key Countries

18.2.1 Brazil: Market size and Forecast

18.2.2 Key Drivers

18.2.3 Mexico: Market Size and Forecast

18.2.4 Key Drivers


19        Competitive Landscape

19.1    Market Overview

19.2    Overview of Competition

19.3    Competitive Analysis


20        Key Company Profiles

20.1    Pepsico Inc.

20.1.1 Business Overview

20.1.2 Product Offerings

20.1.3 Key Strengths

20.1.4 Key Strategies

20.1.5 Key Opportunities

20.2    Coca-Cola

20.2.1 Business Overview

20.2.2 Product Offerings

20.2.3 Key Strengths

20.2.4 Key Strategies

20.2.5 Key Opportunities

20.3    Vita Coco

20.3.1 Business Overview

20.3.2 Product Offerings

20.3.3 Key Strengths

20.3.4 Key Strategies

20.3.5 Key Opportunities

20.4    Amy and Brian naturals

20.4.1 Business Overview

20.4.2 Product Offerings

20.4.3 Key Strengths

20.4.4 Key Strategies

20.4.5 Key Opportunities

20.5    Green Coco Europe

20.5.1 Business Overview

20.5.2 Product Offerings

20.5.3 Key Strengths

20.5.4 Key Strategies

20.5.5 Key Opportunities


21        Other Prominent Companies

21.1    C2O Pure coconut water

21.1.1 Key Strength

21.1.2 Key Strategy

21.1.3 Product Offerings

21.2    CHI Coconut Water

21.2.1 Key Strength

21.2.2 Key Strategy

21.2.3 Product Offerings

21.3    Coco Libre

21.3.1 Key Strengths

21.3.2 Key Strategies

21.3.3 Product Offerings

21.4    Cocojal

21.4.1 Key Strengths

21.4.2 Key Strategies

21.4.3 Product Offerings

21.5    Ducoco

21.5.1 Key Strengths

21.5.2 Key Strategies

21.5.3 Product Offerings

21.6    Foco

21.6.1 Key Strengths

21.6.2 Key Strategies

21.6.3 Product Offerings

21.7    H2coco

21.7.1 Key Strengths

21.7.2 Key Strategies

21.7.3 Product Offerings

21.8    INVO Coconut water

21.8.1 Key Strengths

21.8.2 Key Strategies

21.8.3 Product Offerings

21.9    Taste nirvana

21.9.1 Key Strengths

21.9.2 Key Strategies

21.9.3 Product Offerings

21.10  C-coconut water

21.10.1 Key Strengths

21.10.2  Key Strategies

21.10.3  Product Offerings

21.11  Delta Meaf General Trading FZE

21.11.1   Key Strengths

21.11.2    Key Strategies

21.12  Arab Beverages

21.12.1   Key Strengths

21.12.2   Key Strategies

21.13  Thai Agri Food Public Company Ltd

21.13.1   Key Strengths

21.13.2   Key Strategies

21.14  Cocofina –The Coconut Experts

21.14.1   Product Offerings

21.14.2   Key Strengths

21.14.3   Key Strategies

21.15  Tradecons Gmbh

21.15.1  Product Offerings

21.15.2  Key Strengths

21.15.3  Key Strategies

21.16  Genuine Coconut

21.16.1  Product Offerings

21.16.2   Key Strengths

21.16.3   Key Strategies

21.17  Goya foods

21.17.1  Product Offerings

21.17.2  Key Strengths

21.17.3  Key Strategies

21.18  Happy Coco

21.18.1  Product Offerings

21.18.2  Key Strengths

21.18.3  Key Strategies

21.19  Kulau GMBH

21.19.1   Product Offerings

21.19.2   Key Strengths

21.19.3   Key Strategies

21.2    Mighty Bee LTD.

21.20.1   Product Offerings

21.20.2   Key Strengths

21.20.3   Key Strategies

21.21  RiRi Coconut Water

21.21.1   Product Offerings

21.21.2    Key Strengths

21.21.3    Key Strategies

21.22  Rubicon Drinks LTD.

21.22.1   Product Offerings

21.22.2   Key Strengths

21.22.3   Key Strategies

21.23  Tiana Fair Trade organics

21.23.1   Product Offerings

21.23.2    Key Strengths

21.23.3    Key Strategies

21.24  Tropical Sun Foods

21.24.1  Product Offerings

21.24.2   Key Strengths

21.24.3   Key Strategies

21.25  Universal Food Public company LTD

21.25.1  Product Offerings

21.25.2  Key Strengths

21.25.3   Key Strategies

21.26  Windmill organics

21.26.1   Product Offerings

21.26.2   Key Strengths

21.26.3    Key Strategies

21.27  Alnatura

21.27.1   Product Offerings

21.27.2    Key Strengths

21.27.3    Key Strategies

21.28  Zumi Natural

21.28.1   Product Offerings

21.28.2    Key Strengths

21.28.3    Key Strategies


22        Report Summary

22.1    Key Takeaways

22.2    Qualitative Summary of Packaged coconut water Market

22.3    Quantitative Summary of packaged coconut Water Market


23        Appendix

23.1    List of Abbreviations




List of Exhibits        

Exhibit 1         Segmentation of Packaged Coconut Water Market

Exhibit 2         Market Size Calculation Approach 2017

Exhibit 3         Report Structure and Flow

Exhibit 4         Estimated Global Coconut Production by Country 2016 (million metric tons)

Exhibit 5         Market Growth Comparison of Packaged Coconut Water and Substitutes (2018–2023)

Exhibit 6         Extent of Damage Caused to Agriculture Subsectors by Natural Disasters 2003–2013 ($ billion)

Exhibit 7         Post Disaster Assessment Comparison of Agriculture 2003–2013 ($ billion)

Exhibit 8         Market by Revenue 2017–2023 ($ million)

Exhibit 9         Market by Volume 2017–2023 (million liters)

Exhibit 10       Five Forces Analysis 2017

Exhibit 11       Segmentation of Market by Packaging

Exhibit 12       Benchmarking of Packaging Formats for Coconut Water (Scale of 0–5)

Exhibit 13       Segmentation by Packaging 2014–2023 (million liters)

Exhibit 14       Market in Paper and Paperboard Packaging 2017–2023 (million liters)

Exhibit 15       Market in Metal Packaging Segment 2017–2023 (million liters)

Exhibit 16       Market Volume for Plastic Packaging Segment 2017–2023 (million liters)

Exhibit 17       Segmentation of Global Market by Product

Exhibit 18       Sweetened vs. Unsweetened 2014–2023 (million liters)

Exhibit 19       Packaged Sweetened Coconut Water Market 2017–2023 (million liters)

Exhibit 20       Global Prevalence of Diabetes 2015–2040 (million person)

Exhibit 21       Packaged Unsweetened Coconut Water Market 2017–2023 (million liters)

Exhibit 22       Global Market by Product Variant

Exhibit 23       Plain vs. Flavored Packaged Coconut Water 2014–2023 (million liters)

Exhibit 24       Nutrient Composition of 100 ml Fresh Coconut Water

Exhibit 25       Packaged Plain Coconut Water 2017–2023 (million liters)

Exhibit 26       Flavored Coconut Water Variants and Brands

Exhibit 27       Packaged Flavored Coconut Water 017–2023 (million liters)

Exhibit 28       Market by Distribution Channel by Revenue 2016

Exhibit 29       Market by Sales Distribution Channel 2017 ($ million)

Exhibit 30       Geographic Overview of the Market 2017 (% Revenue)

Exhibit 31       Geographic Overview of the Market 2017 (% Volume)

Exhibit 32       Market in APAC 2017–2023 ($ million)

Exhibit 33       Market in APAC  2017–2023 (million liters)

Exhibit 34       Market in China 2017–2023 ($ million)

Exhibit 35       Market in China 2017–2023 (million liters)

Exhibit 36       Market in Indonesia 2017–2023 ($ million)

Exhibit 37       Market in Indonesia 2017–2023 (million liters)

Exhibit 38       Market in India 2017–2023 ($ million)

Exhibit 39       Market in India 2017–2023 (million liters)

Exhibit 40       Household in India by Income 2005–2025

Exhibit 41       Market in Other APAC Countries 2017–2023 ($ million)

Exhibit 42       Market in Other APAC Countries 2017–2023 (million liters)

Exhibit 43       Consumption of Packaged Coconut Water in Europe in 2017 by Geography ($ million)

Exhibit 44       Market in EMEA 2017–2023 ($ million)

Exhibit 45       Market in EMEA 2017–2023 (million liters)

Exhibit 46      Market in Europe 2017–2023 ($ million)

Exhibit 47       Market in Europe 2017–2023 (million liters)

Exhibit 48       Market in UK 2017–2023 ($ million)

Exhibit 49       Market in the UK 2017–2023 (million liters)

Exhibit 50       Market in Germany 2017–2023 ($ million)

Exhibit 51       Market in Germany 2017–2023 (million liters)

Exhibit 52       Market in MEA 2017–2023 ($ million)

Exhibit 53       Market in MEA 2017–2023 (million liters)

Exhibit 54       Market in UAE 2017–2023 ($ million)

Exhibit 55       Market in UAE 2017–2023 (million liters)

Exhibit 56       Market in North America 2017 ($ million)

Exhibit 57       Market in North America 2017–2023 ($ million)

Exhibit 58       Market in North America 2017–2023 (million liters)

Exhibit 59       Market in US 2017–2023 ($ million)

Exhibit 60       Market in US 2017–2023 (million liters)

Exhibit 61       Market in Canada 2017–2023 ($ million)

Exhibit 62       Market in Canada (million liters)

Exhibit 63       Market in Latin America by Geography ($ million) 2017

Exhibit 64       Market in Latin America 2017–2023 ($ million)

Exhibit 65       Market in Latin America 2017-2023 (million liters)

Exhibit 66       Growth Projections of Major Soft Beverages in Brazil 2018–2023

Exhibit 67       Market in Brazil 2017–2023 ($ million)

Exhibit 68       Market in Brazil 2017–2023 (million liters)

Exhibit 69       Market in Mexico 2017–2023 ($ million)

Exhibit 70       Market in Mexico 2017-2023 (million liters)

Exhibit 71       Overview of Market Concentration in Various Geography 2017 (as illustrated by HHI)

Exhibit 72       Benchmarking of Vendors in Packaged Coconut Water Market (Scale of 0–30)

Exhibit 73       Packaged Coconut Water Portfolio of Green Coco Europe

Exhibit 74       Coco Libre’s Coconut Water Product Portfolio


List of Tables

Table 1            Key Geographies Definition

Table 2            Key Caveats

Table 3            Currency Conversion 2013−2016

Table 4            Major Plant Diseases Associated with Coconut Production Worldwide

Table 5            Overview of Global Packaged Coconut Water Market 2017–2023

Table 6            Market by Packaging 2017–2023 (million liters)

Table 7            Market by Product Types 2017–2023 (million liters)

Table 8            Market by Product Variant 2017–2023 (million liters)

Table 9            Market by Geography 2017–2023 ($ million)

Table 10         Market by Geography 2017–2023 (million liters)

Table 11         Market in APAC 2017–2023 ($ million)

Table 12         Market in APAC 2017–2023 (million liters)

Table 13         Market Overview for Packaged Coconut Water Market in Key Regions of EMEA

Table 14         Market in Europe 2017–2023 ($ million)

Table 15         Market in Europe 2017–2023 (million liters)

Table 16         Market in MEA 2017–2023 ($ million)

Table 17         Market in MEA 2017–2023 (million liters)

Table 18         Overview of Market in North America 2017–2023 ($ million)

Table 19         Overview of Market in North America 2017–2023 (million liters)

Table 20         Overview of Market in Latin America 2017–2023 ($ million)

Table 21         Overview of Market in Latin America 2017–2023 (million liters)

Table 22         Portfolio Mapping of Vendors

Table 23         Qualitative Summary of the Global Market

Table 24         Quantitative Summary of Market by Geography ($ million)

Table 25         Quantitative Summary of Market by Geography (million liters)

Table 26         Quantitative Summary of Market by Geography (revenue %)

Table 27         Quantitative Summary of Market by Geography (Volume %)

Table 28         Quantitative Summary of Market by Packaging ( million liters)

Table 29          Quantitative Summary of Market by Product Type (million liters)

Table 30         Quantitative Summary of Market by Variant (million liters)

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