Water Market Growth and Global Industry Status by 2030

What is Water Market:

A significant part of our life is water. In addition to improving the taste of water, the additional tastes have many health advantages, including blood regulation, weight management, and hunger control. In addition, it works well in place of soda and other artificial drinks.

The availability of novel flavors created by food and beverage industries is credited with driving industry growth. It's anticipated that iconic flavors like citrus, pineapple, and orange will continue to be well-liked. Leading companies are releasing new flavors, though, to explore how consumers will respond to more daring selections. As a result, they are blending classics to add new flavors. For instance, items that are dairy-free, organic, and sugar-free are rapidly gaining popularity. Important players are also introducing water with a subtle strawberry watermelon variety that has been strengthened watermelon flavor. In addition, there is a rising demand for vegan flavored water with blueberries and lemon.

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Global Water Market: Major Players
ITT Corporation
Kurita Water Industries
Veolia Environnement
Severn Trent
American Water Works Company
Thames Water
Suez Environnment
Nalco Company
United Utilities
SUEZ Water Technologies & Solutions

Global Water Market: Types
Water Supply & Management
Water Treatment
Others

Global Water Market: Applications
Residential
Business
Industry
Others

Global Water Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Water market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Growth Factors:

The global market for bottled water is primarily driven by the lack of drinking water in some regions of the world. Drinking contaminated water increases your risk of developing gastrointestinal issues, reproductive issues, and neurological abnormalities, among other health issues. Worldwide demand for bottled water is being driven by the population's growing knowledge of the negative effects of tainted water. The quick expansion of the bottled water industry across the global markets has been largely attributed to the simple accessibility of bottled water in a variety of retail settings, including grocery, supermarkets, and convenience stores. Additionally, demand has increased for a variety of bottled water products including mineral water, sparkling water, and distilled water.

Instead of drinking aerated, sugary artificial drinks, consumers are gravitating toward healthier options. Due to customers' growing appetite for drinks with nutrients, the market for flavored and functional water is expanding. Functional and flavor-infused water is a nutritious beverage that gives you immediate energy. Health-related concerns have noticeably increased as a result of rapid urbanization and a fast-paced lifestyle. As a result, consumers are drawn to goods that are easily accessible and do not harm their health. Flavored and useful water is easily accessible and comes in attractive packaging and bottles. As a result, the market for flavored and functional water is growing more quickly since the requirement of the consumer is met.

Market Trends:

Many customers are now choosing bottled water due to rising knowledge of the health risks associated with drinking dirty water. Some customers use bottled water for purposes other than drinking, such as making beverages and cooking. In addition, the region's burgeoning expat communities and rising wages have added to the demand for bottled water. Additionally, due to the region's rapidly rising tourist and pilgrim population as well as the extremely hot and dry climate in these countries, bottled water sales have increased significantly. Additionally, packaged water is easily accessible in grocery shops and supermarkets and is offered in a range of volumes, offering customers more options based on their needs.

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