Flavored Water Market: Key Trends and Forecast Report 2024-2033

"The new report published by The Business Research Company, titled ""Flavored Water Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the flavored water market size has grown strongly in recent years. It will grow from $27.83 billion in 2023 to $30.38 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The flavored water market size is expected to see strong growth in the next few years. It will grow to $44.38 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%.

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Health-Conscious Consumers Fuel Flavored Water Market Growth
The rising consumer orientation towards a healthy lifestyle is expected to propel the growth of the flavored water market. People who are turning towards a healthy lifestyle are trying to incorporate liquid diets into their food habits because a clear liquid diet such as water, juices, and other beverages is quickly digested and leaves no undigested residue in the intestine. Fruit-infused water or flavored water contains all the hydration of a cool glass of water and the bright, sweet, and tangy flavors of your chosen ingredients. By infusing tasty flavors, many people tend to drink more water. Infusion of flavors in water can thus be a way to make water more appealing and can even add nutrients to the beverage. According to the International Food Information Council, a US-based nonprofit organization, in 2022, the adoption of specific diets or eating patterns saw a significant increase, with 52% of individuals compared to 39% in 2021. Furthermore, a higher percentage of consumers in the age group of 18-49 are embracing specific diets and eating patterns in 2022, accounting for 74%, a notable rise from 52% in 2021. Therefore, rising consumer orientation towards a healthy lifestyle drives the growth of flavored water.

Vitamin-Infused Flavored Water Sparks Innovation
Major companies operating in the flavored water market are prioritizing nutrient-rich solutions such as vitamin-infused flavored water to gain a competitive advantage. Vitamin-infused flavored water refers to a beverage that combines water with added vitamins and natural flavors. This type of flavored water is enhanced with essential vitamins to provide additional nutritional benefits beyond simple hydration. For instance, in July 2022, Flow Beverage Corp., a Canada-based beverage company, launched the 'Flow Vitamin-Infused Water' product line. This latest flavored water is available in three organic flavors, such as cherry, citrus, and elderberry. Flow Vitamin-Infused Water delivers 120% of the recommended daily value of Vitamin C and serves as an outstanding source of zinc. With no sugar, calories, or preservatives, this beverage is crafted from organically certified ingredients.

The flavored water market covered in this report is segmented -

1) By Type: Carbonated, Still
2) By Distribution Channel: Store-based, Supermarkets And Hypermarkets, Convenience Store
3) By Packing: Bottle, Can, Box, Pouch
4) By Industrial Application: Beverage Industry, Brewery Industry, Health And Wellness Industry, Other Industry Applications
5) By Flavor: Blueberry, Watermelon, Cola, Coconut, Citrus, Unflavored

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Major companies operating in the flavored water market report are Cargill Incorporated, Nestlé S.A., PepsiCo Inc., DS Group, The Coca-Cola Company, Mondelez International Inc., The Kraft Heinz Company, Hangzhou Wahaha Group Co. Ltd., Keurig Dr Pepper Inc., Red Bull GmbH, National Beverage Corp., National Beverage Corp., Aquafina FlavorSplash, Sanpellegrino S.p.A., Talking Rain Beverage Company Inc., Polar Beverages (Polar Seltzer), Propel Water, Hint Inc., Waterloo Sparkling Water, Nanone Corporation, Talking Rain Beverage Company Inc. (Sparkling Ice), Balance Water Company Pty Ltd., Blue Keld Springs Ltd., Spindrift Beverage Co., Daily Drinks Co. Ltd., Saratoga Spring Water Company, Xalta Food & Beverages Pvt Ltd, Neviot Global Ltd., Sunny Delight Beverages Co., JUST Goods Inc.

Contents of the report:
1. Executive Summary
2. Flavored Water Market Report Structure
3. Flavored Water Market Trends And Strategies
4. Flavored Water Market - Macro Economic Scenario
5. Flavored Water Market Size And Growth
…..
27. Flavored Water Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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