Mintel: Coconut Water Intros Quintuple in Last Five Years
Over the past five years, a deluge of new products introductions has helped pushed coconut water from the outskirts of the beverage industry to one of fastest growing and visible categories on the market. According to Mintel, a leading global supplier of consumer, product and media intelligence, new coconut water products have grown by 540 percent since 2008 with most brands utilizing health claims associated with the liquid to propel product launches.