Coconut Alcohol Market Analysis by product beer, vinegar, wine and traditional toddy by 2024

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Coconut Alcohol Market Share, Price Trend -
Industry Report 2017-2024
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Global Market Scenario of Coconut Alcohol Market
Industry

• Coconut sap (toddy) is sweet exudate from the
  inflorescence or unopened tapped spathe of
  coconut.
• It is one of the most used food products of
  coconut and is also marketed as an alcoholic
  drink with almost 4 to 6 of alcohol content.
• The coconut alcohol market share is segmented,
  based on the product into beer, vinegar, wine and
  traditional toddy.
• The unopened inflorescence of coconut is used to
  make toddy or coconut sap, that can be treated to
  produce rich, high in value healthy food
  products.

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• Global Coconut Alcohol Market size is likely to
  witness moderate growth over the forecast period.
  Coconut alcohol, is derived from coconuts which
  are grown on perennial food supplier, the coconut
  tree.
• It provides solid food along with a large amount
  of healthy and safe water. The fruit is source to
  numerous products such as desiccated coconut,
  coconut cream/milk, copra, nata de coco, coconut
  oil and coconut chips.
• Rules regulations regarding alcohol consumption
  and political instability in some countries may
  restraint the coconut alcohol market size in the
  coming years.
• In addition, trade barriers and tariffs such as
  import duty and others levied on liquor products
  being shipped from one part to another part is
  likely to slow down the overall coconut alcohol
  market size growth in the forecast span.

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Research Methodology
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Regional Insights

• Latin America and Asia-Pacific are the leading
  the global coconut alcohol market size. The
  numerous factors in these regions such as
  government targets, subsidies and incentive
  supporting policies (tariffs and competitive
  bidding tenders) towards coconut farming will
  subsequently complement the overall coconut
  alcohol market size by 2024, as coconut water is
  an essential raw material used in the business.
• North America and Europe also contributed a major
  chunk of coconut alcohol market in 2016. Enormous
  consumption of alcoholic beverages in countries
  including the U.S., Germany, France, Finland, the
  UK, etc. is a prime factor contributing regional
  industry growth.

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Competitive Insights

• The major coconut alcohol market share
  contributors are Hunter Distilleries, St. Lucis
  Distillers Group of Companies, Demirara
  Distilleries Limited and Island Distillers.
• These companies are involved in technological
  development in order to improve their production
  capability and improving the product quality.

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