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The Flavored Water Market size was valued at USD 18.19 Billion in 2023 and is expected to reach USD 44.63 Billion by 2032 and grow at a CAGR of 10.49% over the forecast period of 2024-2032.
Flavored waters will be waters that have had normal or potentially fake flavors including requests to improve the flavor of the water. Useful waters perhaps flavored too yet in addition incorporate nutrients, minerals, or implantations that are intended to give expanded medical advantages to the customer.
There is an expansion in mindfulness about water contamination and pollution of drinking water among individuals, these elements are impacting organizations to move towards sanitized and clean flavored water. Moreover, flavored water has an assortment of medical advantages like better skin surface, weight reduction, invulnerability, and further developed assimilation.
Flavored water is a kind of clean, spring and bundled mineral water with heaps of flavors added to it. It is a blend of mineral water, ordinary sugars, counterfeit sugars and different natural item squeeze focuses like mango, guava, apple, blueberry, blackberry, pineapple, strawberry, orange, and others. Different variations of flavored water are arranged to utilize nutrients, spices, minerals, rough items got from soil and oxygen. Flavored water is implanted with various Ayurveda spices, vegetables like lemon, amla, and natural products. The additional substances and malignant growth anticipation specialists give extra advantages and benefits to flavored water.
Driving Factors:
The expansion is sought after for flavored effervescent and bubbly hydration items.
Expanded heftiness prevalence and attention to a solid way of life.
Restraining Factors:
Accessibility of elective items with comparative costs.
Expanding utilization of plastic for bundling.
Opportunities:
More prominent urbanization and higher extra cash.
Development of internet shopping and eco-accommodating bundling of flavored water.
Challenges:
A few dissent crusades against bottle bundling.
Substitutes for the flavored markets, for example, smoothies, juices, soda pops, and caffeinated drinks.
Ascend in wellbeing mindfulness because of a flare-up of Covid-19 has changed the food and refreshment utilization example of the buyers. The interest in good food and drink items expanded on the lookout.
The anxiety toward lack of likely food and drink items among purchasers has further developed the storing pattern. Because of upset supply chains, the market players couldn't satisfy the developing business sector interest.
Be that as it may, the worldwide immunization mission and lockdown strategies to restrict the infection's transmission are expected to help the market recuperate and recover its position in the drink business.
By Distribution Channels:
Supermarkets & Hypermarket
Convenience Stores
Online
Other Channels
By Product:
Sparkling
Still
By Packaging Types:
Bottles
Cans
In light of Distribution Channels, the market is divided into Supermarkets and Hypermarket, Convenience Stores, Online and Other Channels. The stores and hypermarkets fragment obtained the most elevated income share in 2021 and is supposed to display an extensive development rate all through the gauge years. Over the most recent couple of years, there is a sharp addition in the quantity of customers who will buy filtered water from hypermarkets and stores because of the shopping experience.
In view of Product, the market is sectioned into Sparkling yet. the still item section is supposed to be the quickest developing fragment all through the estimate period. The development of this fragment is supposed to observe splendid possibilities with the high and simple openness of an expansive scope of still water things that are consolidated with cell reinforcements, minerals, caffeine, and nutrients. Notwithstanding it, the arising perspective with respect to shining drinks that they cause low bone mineral thickness and tooth rot has been spurring numerous shoppers to make a progress towards still other options.
North America
Asia-pacific
The middle east & Africa
Latin America
In view of regions, the market is fragmented into North America, Europe, Asia Pacific, and Latin America, Middle East and Africa. Europe locale acquired a significant portion of the worldwide flavored water market. Wellbeing cognizant customers profoundly incline toward normally carbonated and regular flavored waters with high satisfied of minerals in them. The flavors remembered for the beverages are as often as possible extricated from regular natural product removes. The deals of the items are incredibly high in different nations like the U.K., Germany, France, Italy, and Spain, where the item is regularly presented with suppers in cafés.
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Nestlé, Talking Rain, PepsiCo, Inc., The Coca-Cola Company, Hint, Inc., Spindrift, National Beverage Corp., Sanpellegrino S.P.A., KeurigDr Pepper, Inc., Saratoga Spring Water Company.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 18.19 Billion |
| Market Size by 2032 | US$ 44.63 Billion |
| CAGR | CAGR 10.49% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Product (Sparkling and Still) • by Distribution Channel (Supermarkets & Hypermarket, Convenience Stores, Online and Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Nestlé, Talking Rain, PepsiCo, Inc., The Coca-Cola Company, Hint, Inc., Spindrift, National Beverage Corp., Sanpellegrino S.P.A., KeurigDr Pepper, Inc., Saratoga Spring Water Company. |
| Key Drivers | •The expansion is sought after for flavored effervescent and bubbly hydration items. •Expanded heftiness prevalence and attention to a solid way of life. |
| Restraints | •Accessibility of elective items with comparative costs. •Expanding utilization of plastic for bundling. |
Ans: The hypermarket segment is projected to make a foothold in the worldwide Flavored Water market.
Ans: Expanding utilization of plastic for bundling and substitutes for the flavored market, for example, smoothies, juices, soda pops, and caffeinated drinks are the restrains/challenges faced by the Flavored Water market.
Ans: Nestlé, Talking Rain, PepsiCo, Inc., The Coca-Cola Company, Hint, Inc., Spindrift, National Beverage Corp., Sanpellegrino S.P.A., KeurigDr Pepper, Inc., Saratoga Spring Water Company are the key players in the global Flavored Water market.
Ans: The base year calculated in the Hot chocolate market report is 2021.
Ans: The global Flavored water Market is expected to grow at a CAGR of 10.5 % over the forecast period 2022-2028.
Table of Contents
1 Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2 Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Flavored water market segmentation, by Distribution Channels
8.1 Supermarkets & Hypermarkets
8.2 Convenience Stores
8.3 Online
8.4 Other Channels
9. Global Flavored water market segmentation, by Product
9.1 Sparkling
9.2 Still
10. Global Flavored water market segmentation by Packaging Types:
10.1 Bottles
10.2 Cans
11. Global Flavored water market, by region/ country
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company profiles
12.1 Nestlé
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 Swot Analysis
12.1.4 The SNS View
12.2 Talking Rain
12.3 PepsiCo, Inc.
12.4 The Coca-Cola Company
12.5 Hint, Inc.
12.6 Spindrift
12.7 National Beverage Corp.
12.8 Sanpellegrino S.P.A.
12.9 KeurigDr Pepper, Inc.
12.10 Saratoga Spring Water Company
13. Competitive Landscape
13.1 Competitive Bench Marking
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
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