Flavored Water Market Research Future Insights:
The Global Flavored Water Market is estimated to be worth USD 29.2 Billion by 2028, registering a 10% CAGR during the forecast period (2021- 2028).
Flavored water is a kind of bottled mineral water that is flavored heavily. Generally, these waters are spring water or packaged mineral water. It’s a combination of different fruit and vegetable juice concentrates, including mango, guava, apple, blueberry, blackberry, pineapple, strawberry, and orange, along with mineral water. Flavored water is formed using nutrients, spices, minerals, and unrefined substances accumulated from soil and oxygen, among other ingredients. A variety of Ayurvedic herbs and spices, as well as vegetables like lemon and amla, are brewed into an improved water supply.
Global demand for flavorful, nutritious, and functional beverages has been on the upsurge. Boosted health concerns led to an upsurge in demand for flavored hydration products advanced with the benefits of minerals and vitamins, particularly among health-conscious consumers with middle- to high-income levels. The growing preference for flavored, healthy, and functional drinks has been augmenting the growth of the market across the world. With the increasing awareness regarding sustainability and the environment among consumers, industry players are growingly offering flavored waters in sustainable packaging. This trend has been creating substantial growth opportunities for the market players.
The Global Flavored Water Market report provides an integrated evaluation of the market. The report provides a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that play a significant role in the market.
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Regional Analysis
The Global Flavored Water Market is divided into five regions; North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
A combination of augmenting awareness about the importance of health and a general distaste for sugary, carbonated beverages means that the Asia-Pacific region will rise faster than any other region in the world in the upcoming years.
North America obtained the largest share of the flavored water industry, and analysts anticipate that trend to continue. The surging demand for flavored water in North America can be attributed to a boost in health consciousness among consumers.
Europe holds an eloquent market share of the global market. The product sales are strong in many countries, such as Germany, the U.K., Italy, Spain, and France, where the product is mostly served with meals in restaurants.
Market Segmentation
The Global Flavored Water Market is segmented into the following types;
By Product Type
By Nature
By Flavor
By Packaging
By Distribution Channel
By End Use Application
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Key Players
The Global Flavored Water Market’s prominent key players are Nestle, Talking Rain, PepsiCo Inc., The Coca-Cola Company, Hint Inc., Spindrift, National Beverage Corp., Sanpellegrino S.P.A., and KeurigDr Pepper Inc.
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