Market Overview
Drinking plenty of water is essential for the human body as it assists in curing most of the body problems. However, water being tasteless, many find it difficult to consume the right amount of water required for the body. Flavored water provides a solution to this problem by adding flavors and taste to the water, which increases its intake among the population. Different natural flavors available in the market such as lemon, orange, mixed berry, apple, and others add health benefits along with taste to the water which is attracting the consumers towards this market.
Growing consumption of bottled water owing to growing concern of water pollution is supporting the growth of the flavored water market. Moreover, efforts by manufacturers towards product innovation followed by product promotion is boosting the growth of the market. The attractive packaging of the product is also having a positive impact on the growth of the market. All these factors are projected to contribute to the estimated CAGR of 9.5% of flavored water market during the forecast period, 2020-2025.
Get a Sample Report Now @ https://www.marketresearchfuture.com/sample_request/5471
Competitive Analysis
The major players in the Flavored Water Market are Some of the key players profiled in the global flavored water market are Clearly Canadian (Canada), PepsiCo (U.S.), Hint, Inc. (U.S.), The Coca-Cola Company (U.S.), Crystal Geyser Water Company (U.S.), O Beverages, LLC (U.S.), Nestlé (Switzerland), Kraft Heinz (U.S.), Ayala (Philippines), Sunny Delight Beverages (U.S.), and many more.
Industry Segment
On the basis of type, flavored water is segmented into carbonated and non-carbonated flavored water. Among them, the carbonated flavored water is witnessed to be dominating the market. However, the non-carbonated flavored water is anticipated to be the fastest growing segment over the forecast period.
Based on the flavors, the Flavored Water Market is segmented into lemon, orange, mixed berry, apple, and others. Among all, the lemon segment is witnessed to be dominating the market followed by the orange segment.
Regional Analysis
The global Flavored Water Market is segmented into Europe, North America, Asia Pacific and rest of the world (RoW). Europe is dominating the market followed by North America. Presence of major key players in North America and continuous product innovation initiated by them is propelling the growth of the flavored market in this region. High inclination of consumers towards functional beverages in Europe is driving the market for flavored water in this region.
Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/flavored-water-market-5471
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.