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Harmless Harvest, Oviva Profiled in Plant-based Waters Market 2018-2024| Chief Players - The Coca-Cola Company, PepsiCo, CALIWATER Cactus Water, Sibberi Tree Water, Drink Simple, Steaz - The Healthy Beverage Company, ARTY Water Company, DrinkSEVA, Happy T

Plant-Based Waters Market

Plant-Based Waters Market

Sedentary lifestyles and the rising appetite for natural and healthy drinks are the key factors spearheading the growth of plant-based waters market over the forecast timespan. The rising health issues due to the consumption of carbonated drinks have accelerated the growth of the market. Problems associated with the intake of carbonated drinks include heart diseases, obesity, diabetes, cancer, digestion issues, tooth decay, etc. The product is an alternative to artificially sweetened beverages which will upscale the demand for the product between 2017 and 2024.

The growth prospects for Plant-based waters market have been forecast to be positively high over the coming years. This is evident from the recent clash between Pepsi and Coca-Cola, wherein both the companies have been planning to commercialize packaged coconut water in a bid to establish their position in global plant-based waters industry. Of late, consumers have been preferring to purchase healthier organic drinks, as opposed to aerated ones, on account of which companies have been vying with one another to manufacture plant-based beverages instead of routine drinks.

A sedentary lifestyle has led to an increase in the consumption of soda-based drinks. The rise in health hazards such as obesity, cancer, indigestion, and diabetes due to these drinks have also prompted numerous beverage firms to penetrate plant-based waters market, which is slated to observe a CAGR of 19% over 2017-2024.

Request Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/1318

Company Profiles
1. The Coca-Cola Company
2. PepsiCo
3. Harmless Harvest
4. Oviva
5. Drink Simple
6. Steaz - The Healthy Beverage Company
7. CALIWATER Cactus Water
8. Sibberi Tree Water
9. Happy Tree
10. World Waters
11. ARTY Water Company
12. DrinkSEVA
13. All Market In

Browse key industry insights spread across 225 pages with 256 market data tables & 12 figures & charts from the report, “Plant-based Waters Market Size By Product (Coconut Water, Maple Water, Birch Water, Artichoke Water, Cactus Water), By Flavor Variant (Flavored, Original), By Pack Type (Cans, Bottles, Cartons, Pouches), By Distribution Channel (Online, Retail Stores, Cafes & Fitness Centers), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017–2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/plant-based-waters-market

Trend of healthy hydration has gained momentum over the past few years. The nutritive contents of the alternative waters will broaden the prospects of the product market in future. Attractive packaging by manufacturers is also one of the major factors contributing to the popularity of the product. The manufacturers have leveraged the innovative technology and are continuously developing striking packaging solutions. The growing packaging industry will leave a positive impact on the product market as there are frequent innovations in this industry to preserve the waters for an extended period.

As per estimates, plant-based waters industry from pouches is expected to grow at a noticeable CAGR over 2017-2024. Liquid pouch packaging market size, which is expected to cross 7,000 kilo tons by 2024, will massively contribute toward the growth of this segment. Plant-based waters industry from bottles, on the other hand, is expected to increase at a CAGR of 20.2%, pertaining to the convenience of packaging and high consumer demand.

However, the major chunk of packaging-based plant-based waters market is occupied by cartons, which held a valuation of USD 1.1 billion in 2016. As per estimates, majority of the coconut water is parceled in aseptic cartons for hygienic purposes. Owing to the flexibility of this packaging type and its demand across retail stores, plant-based waters industry from cartons is expected to grow at a remarkable pace over 2017-2024.

Cafes & fitness centers have become increasingly popular in today’s era, which will drive the market for the product. The rising obese population in North America will bring profit to the manufacturers of the product due to the increased sales. There is an enormous potential to tap the coconut water market in Middle East and Africa, but the price and sourcing can obstruct the market in the region.

The vast expanse of birch and maple trees across European regions such as UK, Germany, and France will also augment plant-based waters industry from birch. Despite coconut water being one of the largest revenue generating segments of plant-based waters market, other products, such as cactus water and artichoke water have also been gaining a significant momentum. Other plant waters include ginger water, rose water, bamboo water, and barley water.

This industry is rather fragmented and involves the presence of domestic players such as PepsiCo Inc., The Coca-Cola Company, Happy Tree Group, Steaz, DRINKmaple, Harmless Harvest, Oviva Maple Water Company, Caliwater LLC, World Waters, ARTY Water Company, All Market Inc, Sibberi, and DrinkSEVA. The emerging economies are forecast to develop extensively over the years ahead, owing to which companies at the global level have been eyeing the developing countries to explore the untapped potential. Major corporations have been signing agreements with online retailers like Amazon in order to expand their sale via online distribution channels.

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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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