Flavoured Water Market Size, Share, key trends, opportunities, Leading Players, revenue analysis, statistics and forecast 2029
Flavoured water is water that has been sweetened with sugar or artificial sweeteners and has natural or artificial flavourings. Regular and synthetic flavours are added to Flavoured Water to improve its flavour. Flavoured waters contain vitamins, minerals, spices, sweeteners, spring water, and artificial flavours, and have a high nutritional value as well as several health benefits such as blood system, weight management, and hunger control. It belongs to the category of beverages with a taste similar to water. The Flavoured Water Market study provides segment analysis based on type and distribution channel.
Flavoured Water Market Report Scope and Research Methodology :
The report's goal is to give a complete study of the Flavoured Water market that includes all industry stakeholders. The study analyses complicated data in simple language to describe the past and current condition of the Flavoured Water Industry, as well as anticipated market size and trends. It examines all areas of the Flavoured Water industry, with a focus on significant players such as market leaders, followers, and new entrants. The Flavoured Water market study examines both external and internal elements that affect the business positively or adversely. By analysing market segments and estimating market size, the research also aids in understanding Flavoured Water market dynamics and market structure. A clear portrayal of significant players'competitive analyses The research serves as an investor's guidance by type, price, financial situation, raw material portfolio, growth strategies, and regional presence in the Flavoured Water market. The Flavoured Water Market research includes a PORTER, PESTLE analysis as well as the possible influence of market microeconomic factors.
Flavoured Water Market Overview:
Stellar Market Research, a Flavoured Water Market research agency, has released a competitive intelligence and market research report on the "Flavoured Water Market." The research contains a full analysis of the dynamics and Flavoured Water market size by segment and region, which aids in understanding the market's future potential.
Flavoured Water Market size was valued at US$ 28.11 Bn. in 2022. The Global Flavoured Water Market is estimated to grow at a CAGR of 7.6% over the forecast period.
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Flavoured Water Market Dynamics:
A increasing awareness of the need of drinking healthy and regular water components is driving the market. Flavoured water is a superior substitute for soda. It's a fantastic drink that's minimal in carbs and sugar, and some have nearly no calories. Consumer tastes are moving the flavoured water hydration business towards fizzy beverages and sugary beverages. The increased prevalence of plumpness and rising awareness of healthy lifestyles among the urban population are expected to drive the Flavoured Water Market in the coming years.
Flavoured Water Market Segmentation:
The market is divided into three types: sparkling, still, and others. In 2020, Sparkling Flavoured Water held 59.2% of the market. Sparkling waters with added advantages of fruits and herbs are in high demand as a healthy alternative to fizzy drinks. Sparkling drinks with little or no sugar and no calories have gained in favour among younger, health-conscious consumers. Sparkling variations are becoming increasingly popular due to their taste, fizz, and health advantages. Several brands, including Nestle Pure Life, provide fruit-flavored zero-calorie and zero-sweetener products. This category is projected to provide lucrative growth for the Flavoured Water Market by including this type of component.
The Still segment, on the other hand, is predicted to increase at a CAGR of 5.4% during the forecast period. Consumer demand for non-carbonated beverages, as well as a healthy lifestyle, are two major drivers driving this segment's growth.
The market is divided into three distribution channels: supermarket, convenience store, and others. In 2020, the Supermarket category held 62.3% of the market. Flavoured water sales in supermarkets in the United Kingdom have increased to 8.2% of the market. Adding variety to flavoured water in supermarkets and hypermarkets can attract customers and increase the profitability of the Flavoured Water Market. Flavoured water production has increased in various countries, including Australia and China, which is viewed as a contributing factor to the segment's rise.
The Still segment, on the other hand, is predicted to increase at a CAGR of 6.4% over the forecast period. They are known as natural destination retail locations, and they aid in the promotion of the market for flavoured water. This market segment offers various benefits, including lower product costs and a competitive advantage.
Flavoured Water Market Regional Insights
Each regional market is thoroughly researched in order to identify its current and future growth prospects. This information assists clients in expanding their enterprises. The market research Flavoured Water covers all five regions and their country-by-country distribution. The research also includes information about their Flavoured Water market size and trends.
Flavoured Water Market Key Players:
Aquafina Flavor Splash (U.S)
Herbal Water (India)
Cargil Inc (U.S)
Sunny Delight Beverages Company (U.S)
Balanced Water Company (New York)
Kraft Foods (U.S)
New York Spring Water (New York)
PepsiCo (New York)
The coca-cola company (U.S)
Nestle SA (U.S)
Groupe Danon (Paris)
Eklo water (Philadelphia)
Suntory (Japan)
Vieve Protein Water (United Kingdom)
Hint water (U.S)
Key Questions answered in the Flavoured Water Market Report are:
- What is the growth potential of the Flavoured Water Market?
- What was the Flavoured Water Market size in 2021?
- Which segment held the largest Flavoured Water Market share in 2021?
- What is the CAGR of the Flavoured Water Market?
- What are the trends in the Flavoured Water Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Flavoured Water Market?
- What growth strategies are the players considering to increase their presence in the Flavoured Water Market?
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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