Press release
Natural Mineral Water Market Size 2024 to 2031.
Market Overview and Report CoverageNatural mineral water is water that comes from underground sources and contains various minerals, such as calcium, magnesium, and potassium. It is believed to have health benefits due to its mineral content.
The future outlook for the natural mineral water market looks promising, with a projected CAGR of 11.60% during the forecasted period. This growth can be attributed to increasing health consciousness among consumers, growing awareness about the benefits of mineral water, and rising demand for clean and safe drinking water.
The current outlook for the natural mineral water market is also positive, with a steady increase in consumption worldwide. The market is expected to witness significant growth in both developed and developing regions, as consumers become more health-conscious and seek out natural and organic products.
In conclusion, the natural mineral water market is expected to experience robust growth in the coming years, driven by increasing demand and favorable market conditions. Consumers are increasingly turning to natural mineral water as a healthy alternative to sugary beverages, driving the market forward.
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Market Segmentation
The Natural Mineral Water Market Analysis by types is segmented into:
• Low Mineralized, <500mg/L
• Medium Mineralized, 500-1500mg/L
• Highly Mineralized, >1500mg/L
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Natural Mineral Water is categorized into three market types based on their mineral content. Low Mineralized water contains less than 500mg/L of minerals, Medium Mineralized water contains between 500-1500mg/L, and Highly Mineralized water contains over 1500mg/L of minerals. These categories are important for consumers to choose mineral water based on their preferences and health needs. Each type offers different levels of mineral content, catering to various tastes and health requirements.
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The Natural Mineral Water Market Industry Research by Application is segmented into:
• Hypermarkets & Supermarkets
• Convenience Stores
• Grocery Stores
• Online
• Others
Natural mineral water is widely available in various retail outlets including hypermarkets & supermarkets, convenience stores, and grocery stores. Consumers can easily purchase natural mineral water in these locations. Additionally, online platforms offer a convenient way to purchase natural mineral water and have it delivered directly to their homes. Other markets for natural mineral water include specialty health food stores and vending machines in public spaces, providing consumers with easy access to this essential beverage.
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In terms of Region, the Natural Mineral 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 Natural Mineral Water market?
Some of the emerging trends in the global natural mineral water market include a rising demand for healthier beverage options, increasing awareness of the benefits of natural mineral water, growing consumer preference for premium and luxury water brands, and a shift towards sustainable and eco-friendly packaging solutions. Additionally, the market is witnessing a rise in innovative product offerings such as flavored natural mineral waters, functional waters with added vitamins and minerals, and products targeting specific health concerns. Furthermore, the growing popularity of online retail channels and e-commerce platforms is also expected to drive the market growth in the coming years.
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Major Market Players
One of the key players in the natural mineral water market is Nestle. Nestle is a Swiss multinational company that was founded in 1866 by Henri Nestle. It is one of the largest food and beverage companies in the world and has a strong presence in the natural mineral water segment. The company's natural mineral water portfolio includes brands like Perrier, San Pellegrino, and Acqua Panna. Nestle has seen significant market growth in the natural mineral water segment due to increasing consumer awareness about the health benefits of mineral water. In 2020, Nestle's natural mineral water segment reported sales revenue of around $8.8 billion.
Another major player in the market is Danone, a French multinational company that was founded in 1919. Danone has a strong presence in the natural mineral water market with brands like Evian and Volvic. The company has a long history of producing natural mineral water and has seen steady market growth over the years. In 2020, Danone's natural mineral water segment reported sales revenue of around $5.6 billion.
Coca-Cola is also a significant player in the natural mineral water market with brands like Dasani and SmartWater. The company has diversified its product portfolio to include natural mineral water to cater to the growing demand for healthier beverage options. In 2020, Coca-Cola's natural mineral water segment reported sales revenue of around $4.2 billion.
Overall, the natural mineral water market is highly competitive, with key players like Nestle, Danone, and Coca-Cola leading the market. These companies have a strong market presence, long history of producing natural mineral water, and have seen significant market growth in recent years.
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