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Flavored Drinking Water Market Size 2024 to 2031.

04-05-2024 11:16 AM CET | Sports

Press release from: Report Prime

Market Overview and Report Coverage

Flavored drinking water is a type of beverage that includes various flavors, such as fruit, herbs, or other natural essences, to enhance the taste and appeal of plain water. This market has seen steady growth in recent years due to the increasing consumer preference for healthier and more convenient beverage options.
The future outlook of the flavored drinking water market looks promising, with continued growth projected in the coming years. The market is expected to expand at a compound annual growth rate (CAGR) of 6.50% during the forecasted period, driven by factors such as changing consumer preferences, growing health consciousness, and the rise in disposable income levels.
Key factors contributing to the growth of the flavored drinking water market include the increasing demand for low-calorie and sugar-free beverage options, as well as the rising popularity of flavored water as a healthier alternative to sugary drinks. Additionally, the trend of natural and organic ingredients in flavored water products is expected to further drive market growth.
Overall, the flavored drinking water market is set to witness sustained growth in the foreseeable future, as more consumers seek out refreshing and flavorful beverage options that are also healthy and convenient.

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Market Segmentation
The Flavored Drinking Water Market Analysis by types is segmented into:
• Sparkling
• Still

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Flavored drinking water comes in two main types: sparkling and still. Sparkling water contains added carbonation, giving it a fizzier and bubbly texture. On the other hand, still water is flat and does not contain any carbonation. Both types of flavored drinking water come in a variety of flavors such as fruit, herbal, and floral. The market for flavored drinking water continues to grow as consumers seek healthier alternatives to sugary beverages, with an increasing demand for new and unique flavor options.

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The Flavored Drinking Water Market Industry Research by Application is segmented into:
• Supermarkets & Hypermarket
• Convenience Stores
• Online
• Others

The flavored drinking water market's applications in supermarkets & hypermarkets, convenience stores, online platforms, and other avenues cater to the diverse preferences of consumers seeking a convenient and refreshing beverage option. Supermarkets & hypermarkets offer a wide selection for shoppers looking to purchase in bulk, while convenience stores provide quick and easy access to on-the-go consumers. Online platforms offer convenience and variety for at-home shopping, and other avenues serve specific niche markets looking for unique flavors or packaging options.

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In terms of Region, the Flavored Drinking Water Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Flavored Drinking Water market?
Emerging trends in the global flavored drinking water market include an increasing demand for natural and organic ingredients, as well as innovative flavors and combinations. Consumers are looking for healthier options with added functional benefits such as vitamins, minerals, and antioxidants. The rise of convenient packaging formats like single-serve bottles and pouches is also driving market growth. Additionally, there is a growing interest in exotic and ethnic flavors, as well as customizable options that allow consumers to personalize their drinking experience. Sustainability and eco-friendly practices are also becoming important considerations in the flavored water market.

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Major Market Players
Nestlé is a leading player in the flavored drinking water market, offering a range of products under its Nestlé Pure Life brand. The company has a long history of innovation and market dominance, with a strong presence in both developed and emerging markets. Nestlé has experienced consistent growth in its flavored drinking water segment, with a market size of over $2 billion.
PepsiCo, Inc. is another major player in the flavored drinking water market, with its Aquafina brand being a popular choice among consumers. The company has a strong global presence and has been investing heavily in product development and marketing to drive growth in this segment. PepsiCo's flavored drinking water business has seen significant market growth, with sales revenue exceeding $1 billion.
The Coca-Cola Company is a key player in the flavored drinking water market, offering products under its Dasani brand. The company has a strong distribution network and brand recognition, which has helped drive sales in this segment. Coca-Cola's flavored drinking water business has experienced steady growth, with a market size of around $1.5 billion.
Hint, Inc. is a smaller player in the flavored drinking water market, known for its natural and fruit-infused waters. The company has carved out a niche for itself in the market by offering healthier alternatives to traditional flavored waters. Hint has seen impressive sales revenue growth in recent years, with a strong customer base of health-conscious consumers.
Overall, the flavored drinking water market is highly competitive, with players like Nestlé, PepsiCo, and The Coca-Cola Company dominating the industry. These companies continue to invest in product innovation and marketing strategies to maintain their market position and drive growth.

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