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Flavored Water Market is Booming Worldwide to Show Significant Growth Over the Forecast - 2031

12-12-2023 12:51 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Flavored Water Market

Flavored Water Market

Flavored water is non-alcoholic bottled drinking water that is rich in minerals and has improved flavor. It is available in as still, sparkling, and functional water infused with natural flavors. Sparkling flavored water combines carbonation with additional minerals, whereas functional flavored water has additional ingredients such as protein, vitamins, herbs, botanicals, and alkaloids that are beneficial for health. The supplemental elements in flavored water help to boost the immune system, balance the pH, and rejuvenate the body. Flavored water has a distinctly clear and crisp flavor that gives customers an enhanced experience.

๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž ๐…๐จ๐ซ ๐ˆ๐ง๐ฌ๐ญ๐š๐ง๐ญ ๐๐ƒ๐…: https://www.alliedmarketresearch.com/request-sample/15734

The global flavored water market size was valued at $17.788.9 million in 2020, and is projected reach $31,264.2 million by 2030, registering a CAGR of 5.5% from 2021 to 2030.

Addition of new flavors and product varieties to flavored water, fortifying flavored water with minerals, alkaloids, and antioxidants, and robust branding and advertising by market playershave boosted the growth of the global flavored water market. However, rise in availability of alternatives anddental problems due to the usage ofadditives and sweeteners in flavored waterhinder the market growth. On the contrary, emergence of online shopping and eco-friendly packaging of flavored water are expected to open new opportunities in the future.

๐Œ๐š๐ค๐ž ๐š ๐ƒ๐ข๐ซ๐ž๐œ๐ญ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž: https://www.alliedmarketresearch.com/checkout-final/56902646d021b860d54e44ce9271b807

Manufacturing companies are bringing innovative flavored water products to cater to the requirements of the consumers and its helping to increase the flavored water market size. With the advancement of technology, companies are opting for new types of machineries to reduce the time of operation and increase production. For instance, Zhangjiagang King Machine Co. Ltd launched a new product, the aluminum bottle beverage filling product that has the unique feature of filling 15,000 bottles per hour. The product is designed to reduce the time of operation and increase the units of production. Advanced machinery provides numerous opportunities for flavored water companies to increase the bottling process and reduce the operational time.

By flavor, the lemon segment contributed to nearly one-fourth of the global flavored water market revenue in 2020, owing to its refreshing tangy taste and its wide availability. At the same time, the watermelon segment would cite the fastest CAGR of 5.7% by the end of 2030. The report also includes strawberry and orange segments.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐: https://www.alliedmarketresearch.com/request-for-customization/15734

Leading Key Players

Danone SA
New York Spring Beverage, Inc.
Harvest Hill Holdings, LLC
Nestle SA.
Disruptive Beverages, Inc.
Keurig Dr. Pepper, Inc.
Hint, Inc.
National Beverage Corporation
Miami Bay Beverage Company, LLC
The Coca Cola Company
Frozen Garden, LLC.
Spindrift Beverage Co., Inc
Pepsico, Inc.
Unique Foods (Canada), Inc.

Dietary sugar is used for the preparation of flavored water. It adds taste to the product, ensuring that the water maintains its distinct taste and increases the shelf life. Sugar in the diet, particularly in liquid form, increases the risk of dental cavities, obesity, and type 2 diabetes. In 2016 Soft Drinks Industry Levy, introduced sugar tax, and in 2018 it was implemented and was adopted by 39 countries from different regions.

๐“๐š๐ฅ๐ค ๐ญ๐จ ๐จ๐ฎ๐ซ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ: https://www.alliedmarketresearch.com/connect-to-analyst/15734

By geography, North America garnered the major share in 2020, contributing to more thantwo-fifths of the global flavored water market. This is due to the rising awareness and increase in marketing activities in developing nations such as U.S., Mexico, and Canada. Simultaneously, the Asia-Pacific region would manifest the fastest CAGR of 7.4% throughout the estimated period.

The flavored water market is segmented into type, flavor, packaging, sales channel, and region. On the basis of type, the market is categorized into sparkling water, functional water, and still water. On the basis of flavor, it is segregated into lemon, watermelon, strawberry, orange, and others. On the basis of packaging, it is bifurcated into PET bottles and cans. On the basis of sales channel, it is divided into hypermarkets/supermarkets, convenience stores, online channels, and others. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), and LAMEA (Brazil, United Arab Emirates, Argentina, South Africa, and Rest of LAMEA).

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ž ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐›๐ฒ ๐€๐Œ๐‘ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Pure Coconut Water Market - https://www.prnewswire.com/news-releases/pure-coconut-water-market-to-reach-6-81-bn-globally-by-2027-at-18-9-cagr-allied-market-research-301180439.html

Avocado Puree Market - https://www.globenewswire.com/en/news-release/2022/09/30/2526010/0/en/Global-Avocado-Puree-Market-Is-Expected-to-Generate-726-6-Million-by-2031-Allied-Market-Research.html

Natural Food & Drinks Market - https://www.alliedmarketresearch.com/natural-food-and-drinks-market

Goat Milk Market - https://www.prnewswire.com/news-releases/goat-milk-market-to-garner-11-4-bn-globally-by-2026-at-3-8-cagr-says-allied-market-research-300969928.html

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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