Flavored Bottled Water Market is going to reach at $ 88.76 billion by 2032 for 100%, Segments Analysis by Top Key Players :Pepsi, Nestle, Coca Cola, Danone, Mountain Valley Spring, DS, XALTA, Neviot Global, Blue Keld Spring Water, Daily Drinks

The global flavored water market size was valued at USD 16.28 billion in 2021 and is expected to witness a compound annual growth rate (CAGR) of 26.32% from 2021 to 2032. The increasing preference for flavored, healthy, and functional drinks has been boosting the growth of the market across the globe. Consumers are showing interest in exploring innovative beverages infused with fruits, herbs, other healthy ingredients. The market witnessed rapid growth during the COVID-19 pandemic due to the increased health concerns, which augmented the demand for flavored hydration products enriched with the benefits of minerals and vitamins, especially among health-conscious consumers with mid-to high-income levels.

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Global Flavored Bottled Water: Top Key Players

Pepsi, Nestle, Coca Cola, Danone, Mountain Valley Spring, DS, XALTA, Neviot Global, Blue Keld Spring Water, Daily Drinks

Distribution Channel Insights
The supermarkets & hypermarkets segment accounted for the largest revenue share of over 55% in 2020 and will grow further at a steady CAGR from 2021 to 2028. A large number of consumers prefer buying bottled water from supermarkets & hypermarkets due to the shopping experience. Services, such as home delivery and click & collect, at several supermarkets have also been attracting consumers. Walmart, Carrefour, Woolworths, Magnit, and Edeka are among the leading supermarket chains across the globe.

Convenience stores are also a prominent distribution channel for the market. With the growing number of convenience stores, product sales through this distribution channel have been rising significantly over the years. The online distribution channel segment is expected to register the fastest CAGR of more than 11% over the forecast period. The provision of competitive pricing and hassle-free home delivery are driving the growth of this sales channel. Furthermore, the high penetration of the Internet across the globe is expected to boost product sales via online platforms over the coming years.

Key players are launching new products in the market in accordance with the changing demands from health-conscious consumers. For instance, in May 2019, National Beverage Corp. launched a new flavor, Hi-Biscus! under its LaCroix brand. The new sparkling water has no carbohydrates, sweeteners, or sodium, and has a unique flavor of the hibiscus flower. Such product launches are estimated to augment the segment growth over the forecast period.

Product types uploaded in the Flavored Bottled Water are:

PET Bottles, Glass Bottles

Key applications of this report are:

Super/Hypermarket, Convenience/Drug Stores, Grocery Stores/Club Stores

Regional Insights
North America accounted for the largest revenue share of over 37% in 2020 and will expand further at a steady CAGR from 2021 to 2028 due to the rising product consumption as a healthy alternative to other carbonated drinks. Several popular brands, such as bubbly, AHA, Talking Rain, Nestlé Pure Life, Perrier, Schweppes, and LaCroix, offer a wide range of products in the region. Thus, the increased accessibility of the product has been boosting product adoption in the region.

Europe holds a significant share of the global market. Natural flavored and naturally carbonated waters with high levels of minerals make it more appealing to health-conscious consumers. The flavors added to the drinks are often obtained from natural fruit extracts. The product sales are strong in several countries, such as Germany, the U.K., Italy, Spain, and France, where the product is often served with meals in restaurants.

Asia Pacific is estimated to be the fastest-growing regional market from 2021 to 2028. Increasing consumer preference for the product, coupled with the expansion of quick-service and full-service restaurants, is likely to create a positive outlook for the market in the region. The rising consumer awareness about the benefits of following a healthy lifestyle has fueled the demand for healthy foods and beverages, which, in turn, will support the regional market growth.

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Flavored Bottled Water: Regional analysis includes

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
The Middle East and Africa (GCC Countries and Egypt)
Some Points from Table of Contents

Chapter 1 Toll Like Receptor 8 Introduction and Market Overview

Chapter 2 Executive Summary

Chapter 3 Industry Chain Analysis

Chapter 4 Global Flavored Bottled Water, by Type

Chapter 5 Flavored Bottled Water, by Application

Chapter 6 Global Flavored Bottled Water Analysis by Regions

Chapter 7 North America Flavored Bottled Water Analysis by Countries

Chapter 8 Europe Flavored Bottled Water Analysis by Countries

Chapter 9 Asia Pacific Flavored Bottled Water Analysis by Countries

Chapter 10 Middle East and Africa Flavored Bottled Water Analysis by Countries

Chapter 11 South America Flavored Bottled Water Analysis by Countries

Chapter 12 Competitive Landscape

Chapter 13 Industry Outlook

Chapter 14 Global Flavored Bottled Water Forecast

Chapter 15 New Project Feasibility Analysis

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Report SummaryTable of ContentsSegmentationMethodologyRequest a FREE Sample Copy
Report Overview
The global flavored water market size was valued at USD 13.50 billion in 2020 and is expected to witness a compound annual growth rate (CAGR) of 10.3% from 2021 to 2028. The increasing preference for flavored, healthy, and functional drinks has been boosting the growth of the market across the globe. Consumers are showing interest in exploring innovative beverages infused with fruits, herbs, other healthy ingredients. The market witnessed rapid growth during the COVID-19 pandemic due to the increased health concerns, which augmented the demand for flavored hydration products enriched with the benefits of minerals and vitamins, especially among health-conscious consumers with mid-to high-income levels.

U.S. flavored water market size, by distribution channel, 2016 - 2028 (USD Billion)
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Consumers, especially millennials and Gen Z, in the developed economies, such as the U.S., are spending more on flavored water. The trend of zero-calorie, zero-sugar, and low-carb content soft drinks is rising across the globe, which is also boosting the market growth. Citrus and berry flavors are gaining traction among consumers due to their refreshing tastes. The natural flavors are gaining traction due to their health benefits and refreshing tastes.

As a result, producers have been launching beverages with such flavors that help improve physical and mental health. Over the past few years, consumer preference is shifting from sugary carbonated soft drinks to healthy drinks. Moreover, the continuous introduction of new flavors, innovative packaging, and incorporation of functional ingredients have helped in shaping and boosting the global market. Companies are adding vitamins and minerals to their drinks to attract modern consumers.

With the growing awareness regarding sustainability and the environment among consumers, industry players are increasingly offering flavored waters in sustainable packaging. Several brands offer their drinks in aluminum cans to appeal to environmentally conscious consumers. Furthermore, consumers are looking for drinks that are sourced and produced sustainably. This trend has been creating growth opportunities for the market players.

Distribution Channel Insights
The supermarkets & hypermarkets segment accounted for the largest revenue share of over 55% in 2020 and will grow further at a steady CAGR from 2021 to 2028. A large number of consumers prefer buying bottled water from supermarkets & hypermarkets due to the shopping experience. Services, such as home delivery and click & collect, at several supermarkets have also been attracting consumers. Walmart, Carrefour, Woolworths, Magnit, and Edeka are among the leading supermarket chains across the globe.

Convenience stores are also a prominent distribution channel for the market. With the growing number of convenience stores, product sales through this distribution channel have been rising significantly over the years. The online distribution channel segment is expected to register the fastest CAGR of more than 11% over the forecast period. The provision of competitive pricing and hassle-free home delivery are driving the growth of this sales channel. Furthermore, the high penetration of the Internet across the globe is expected to boost product sales via online platforms over the coming years.

The ongoing pandemic has fundamentally changed the shopping patterns of consumers. Nowadays, more and more customers are willing to buy their essentials, including water and coffee, through online platforms. The pandemic has resulted in the online portals becoming one of the most important distribution channels among manufacturers, distributors, retailers, and customers.

Report Coverage & Deliverables
PDF report & online dashboard will help you understand:
Competitive benchmarking
Historical data & forecasts
Company revenue shares
Regional opportunities
Latest trends & dynamics
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Product Insights
The sparkling product segment accounted for the highest revenue share of more than 72% in 2020 and is estimated to expand further at a steady CAGR from 2021 to 2028. The increase in demand for flavored bubbly and fizzy hydration products is projected to drive the segment growth. The sparkling variants are increasingly preferred owing to their taste, fizz, and health benefits. Several brands including Nestlé Pure Life offer a range of zero-calorie and zero-sweetener flavored products in different fruit flavors.

Key players are launching new products in the market in accordance with the changing demands from health-conscious consumers. For instance, in May 2019, National Beverage Corp. launched a new flavor, Hi-Biscus! under its LaCroix brand. The new sparkling water has no carbohydrates, sweeteners, or sodium, and has a unique flavor of the hibiscus flower. Such product launches are estimated to augment the segment growth over the forecast period.

Global flavored water market share, by product, 2020 (%)
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However, the still product segment is expected to register the fastest CAGR during forecast years. The availability of a wide range of still water products that are enriched with minerals, antioxidants, vitamins, and caffeine is estimated to boost the segment growth in the years to come. Furthermore, the perception about sparkling drinks that they cause low bone mineral density and tooth decay has been encouraging many consumers to shift towards still alternatives.

The increasing availability of the still variants infused with various fruits, such as watermelon, blueberry, blackberry, lemon, mango, pomegranate, and mandarin orange, is boosting the consumption of the products. In May 2018, Just Goods, Inc. launched JUST Infused waters in lemon, tangerine, and apple cinnamon flavors.

Regional Insights
North America accounted for the largest revenue share of over 37% in 2020 and will expand further at a steady CAGR from 2021 to 2028 due to the rising product consumption as a healthy alternative to other carbonated drinks. Several popular brands, such as bubbly, AHA, Talking Rain, Nestlé Pure Life, Perrier, Schweppes, and LaCroix, offer a wide range of products in the region. Thus, the increased accessibility of the product has been boosting product adoption in the region.

Europe holds a significant share of the global market. Natural flavored and naturally carbonated waters with high levels of minerals make it more appealing to health-conscious consumers. The flavors added to the drinks are often obtained from natural fruit extracts. The product sales are strong in several countries, such as Germany, the U.K., Italy, Spain, and France, where the product is often served with meals in restaurants.

Asia Pacific is estimated to be the fastest-growing regional market from 2021 to 2028. Increasing consumer preference for the product, coupled with the expansion of quick-service and full-service restaurants, is likely to create a positive outlook for the market in the region. The rising consumer awareness about the benefits of following a healthy lifestyle has fueled the demand for healthy foods and beverages, which, in turn, will support the regional market growth.

Furthermore, the surge in disposable income of consumers has changed their food and beverage consumption patterns globally. Consumers are highly inclined toward the consumption of healthy foods and beverages and limiting the intake of sugary drinks that have adverse health effects. Many restaurants and bars have been serving the product, resulting in an optimistic outlook for the growth of flavored water over the forecast period.

Key Companies & Market Share Insights
The key players have been implementing various expansion strategies, such as mergers & acquisitions and new product launches, to strengthen their market share. For example, in February 2021, PepsiCo Inc. launched five new caffeinated sparkling waters under its Bubly brand. The company has expanded its line of caffeinated drinks with the addition of mango passion fruit, blood orange grapefruit, triple berry, blueberry pomegranate, and citrus cherry flavors. Some of the key players operating in the global flavored water market include:

Nestlé

Talking Rain

PepsiCo, Inc.

The Coca-Cola Company

Hint, Inc.

Spindrift

National Beverage Corp.

Sanpellegrino S.P.A.

KeurigDr Pepper, Inc.

Saratoga Spring Water Company

Report includes Competitor's Landscape:

➊ Major trends and growth projections by region and country
➋ Key winning strategies followed by the competitors
➌ Who are the key competitors in this industry?
➍ What shall be the potential of this industry over the forecast tenure?
➎ What are the factors propelling the demand for the Toll Like Receptor 8?
➏ What are the opportunities that shall aid in significant proliferation of the market growth?
➐ What are the regional and country wise regulations that shall either hamper or boost the demand for Toll Like Receptor 8?
➑ How has the covid-19 impacted the growth of the market?
➒ Has the supply chain disruption caused changes in the entire value chain?

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