Press release
At 19.2% growth, Europe Plant Based Water Market to value $3.5 bn by 2024: ARTY Artichoke Water, PepsiCo Inc., The Coca-Cola Company, Oviva Maple Water Company, DRINKmaple, BelSeva, Nordic Koivu and Sibberi
Europe Plant - Based Water Market
According to the Graphical Research report titled “Europe Plant - Based Water Market Size & Share by Product, by Flavor Variant, by Pack Type, by Distribution Channel, Regional Outlook, Industry Forecast, 2018 – 2024”, predicted to exceed USD 3.5 billion by 2024.
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On the contrary, limited time for the consumption of these product after seal break will hinder the plant-based water demand. Moreover, distribution channel for these products are complex than aerated drinks which will impede market growth in near future.
Among the product segments in the Europe plant-based water market, birch and maple products will have high penetration in the plant-based water demand during the forecast timeframe. Rising demand of these products in eastern Europe and Scandinavian will spur product demand in near future. Based on distribution channel the plant-based water demand is segmented as cafes & fitness centers, online platform and retail stores. Retail stores is likely to grow with annual growth exceeding 20% due to high showcased product and provide customers to pick recent manufactured products.
Nordic countries and United Kingdom together account for over 40% of the overall market share. New technological development in these to collect the tree sap to manufacture plant-based water will boost plant-based water demand in these countries. Moreover, birch sap is mainly harvest in Europe countries including Norway, Denmark, Sweden, Finland and others will boost the product demand by the end of forecast timeframe.
Browse key industry insights from this 2018 report Europe Plant Based Water Market in detail along with the table of contents @
https://www.graphicalresearch.com/industry-insights/1110/europe-plant-based-water-market
Key Europe plant-based water market participants includes, ARTY Artichoke Water, PepsiCo Inc., The Coca-Cola Company, Oviva Maple Water Company, DRINKmaple, BelSeva, Nordic Koivu, Sibberi, happytree Maple Water and Vertical water.
Segments We Cover:
Europe Plant - Based Water Market by Product
• Coconut Water
• Maple Water
• Birch Water
• Artichoke Water
• Cactus Water
• Others
Europe Plant - Based Water Market by Flavor Variant
• Flavored
• Original
Europe Plant - Based Water Market by Pack Type
• Cans
• Bottles
• Cartons
• Pouches
Europe Plant-Based Waters Market, By Distribution Channel
• Online
• Retail stores
• Cafes & fitness centers
The above information is provided on a country basis for the following:
• Germany
• Italy
• France
• UK
• Spain
• Russia
• The Netherlands
• Sweden
• Ukraine
• Poland
Make an inquiry for purchasing this report @ https://www.graphicalresearch.com/request/1110/inquiry-before-buying
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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Parikhit B.
Corporate sales,
Graphical Research
Email: sales@graphicalresearh.com
Web: https://www.graphicalresearch.com/
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