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Herbs Infused Water Market worth $3.92 billion by 2030, growing at a CAGR of 6.91% - Exclusive Report by 360iResearch
Herbs Infused Water Market | 360iResearch
The Global Herbs Infused Water Market to grow from USD 2.46 billion in 2023 to USD 3.92 billion by 2030, at a CAGR of 6.91%.
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Herbs infused water is a natural, flavorful, and healthy beverage option that combines the therapeutic benefits of various herbs with the hydrating properties of water. There are numerous herb varieties used in Herbs Infused Water, each offering distinct flavors and potential health benefits. The increasing consumer preference for natural, healthy alternatives to conventional beverages is increasing the adoption of herbs infused water. Additionally, rising awareness about the importance of hydration for overall well-being has led to an increase in demand for innovative drink options that promote wellness without added sugars or artificial ingredients. Furthermore, sourcing high-quality herbs sustainably and consistently becomes increasingly challenging due to environmental factors and supply chain disruptions. Moreover, targeting specific demographic groups with tailored product offerings, such as drinks designed for active individuals who require electrolyte replenishment and those looking to improve mental clarity through natural cognitive enhancers like ginseng, creates lucrative opportunities in the market. Additionally, it explores unique herb combinations and exotic flavors to appeal to consumers' adventurous tastes while also providing functional health benefits.
In the United States, consumers' increasing focus on health and wellness drives the demand for herbs-infused water. The growing popularity of functional beverages and a shift towards plant-based diets have spurred innovative product developments in this region. The growth of e-commerce platforms in the U.S. and Canada has also played a crucial role in expanding the reach of herbs-infused water products across different demographics. In European Union (EU) countries, there is a growing interest in herbal infusions due to their natural benefits and flavor-enhancing properties. This demand is fueled by an increasing preference for organic products and traditional remedies, particularly among aging populations. Several EU-funded initiatives support research into the medicinal properties of herbs, promoting their integration into food and beverage applications. The Committee on Herbal Medicinal Products (HMPC) issues scientific opinions on herbal substances and preparations and information on recommended uses and safe conditions on behalf of the European Medicines Agency (EMA). The Middle East is known for its reliance on traditional medicine and preventive practices, and people in the region have long believed in harnessing the power of natural herbs to sustain good health, promoting the consumption of herbs infused with water. In Africa, indigenous botanical ingredients are gaining attention for their potential health benefits and unique flavors. In the APAC region, China has witnessed a significant increase in the consumption of herbs induced water due to its deep-rooted history of consuming herbal teas as part of Traditional Chinese Medicine (TCM). The Chinese government's push towards TCM's globalization has encouraged international collaboration, leading to new patents and research on infusion methods. India's burgeoning middle class has shown a growing interest in healthier beverage alternatives like infused waters, which align with Ayurvedic principles. This rising demand has increased investment in developing innovative herbal infusions using indigenous Indian herbs.
Market Segmentation & Coverage:
This research report categorizes the Herbs Infused Water Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Herb Type, market is studied across Calendula, Chamomile, Chives, Lemon Balm, Lemongrass, Mint, Sage, Thyme, and Tulsi/Basil. The Chives is projected to witness significant market share during forecast period.
Based on Type, market is studied across Conventional and Organic. The Conventional is projected to witness significant market share during forecast period.
Based on Distribution, market is studied across Offline and Online. The Offline is further studied across Convenience Stores and Supermarkets & Hypermarkets. The Offline is projected to witness significant market share during forecast period.
Based on End-Use, market is studied across Beverages and Skin Care & Cosmetics. The Beverages is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.41% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Herbs Infused Water Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Herbs Infused Water Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Herbs Infused Water Market, highlighting leading vendors and their innovative profiles. These include Aadhunik Ayurveda Vitals, ALO Drinks, Aura Bora, Inc., Ayala's Herbal Water, Ayushkalki Wellness Private Limited (Tova), D WA Herbals, Disruptive Beverages, Inc., Drinktreo, hinoki LAB, Lunae Sparkling, Nawon Food and Beverage Co., Ltd, nudus, SodaStream Inc., The Coca-Cola Company, and Veda Oil.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Herbs Infused Water Market, by Herb Type
7. Herbs Infused Water Market, by Type
8. Herbs Infused Water Market, by Distribution
9. Herbs Infused Water Market, by End-Use
10. Americas Herbs Infused Water Market
11. Asia-Pacific Herbs Infused Water Market
12. Europe, Middle East & Africa Herbs Infused Water Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Herbs Infused Water Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Herbs Infused Water Market?
3. What is the competitive strategic window for opportunities in the Herbs Infused Water Market?
4. What are the technology trends and regulatory frameworks in the Herbs Infused Water Market?
5. What is the market share of the leading vendors in the Herbs Infused Water Market?
6. What modes and strategic moves are considered suitable for entering the Herbs Infused Water Market?
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