Press release
Enhanced Water Market: Holistic Expansion with Significant CAGR Expected by 2024-2031 | ax water, BiPro USA, CORE Nutrition LLC.
Enhanced Water Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Enhanced Water market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Enhanced Water Market reached USD 5.3 billion in 2023 and is expected to reach USD 9.6 billion by 2031 and is expected to grow with a CAGR of 7.8% during the forecast period 2024-2031.
What is Enhanced Water Market?
The enhanced water market involves beverages that are fortified with added nutrients, vitamins, minerals, or flavorings to provide health benefits beyond regular water. These products, often marketed for hydration, energy, or wellness, are gaining popularity among health-conscious consumers. The market is driven by trends in fitness, health, and wellness, with increasing demand for functional beverages. Innovations in flavors and formulations, along with the rise of convenient packaging, are further fueling growth in this segment as consumers seek refreshing, nutrient-rich hydration options.
Growth Driver
The Increasing Demand for Healthier and Cleaner Energy Drinks
The growing demand for healthier and cleaner energy drinks is positively influencing the enhanced water market. As consumers look for alternatives to traditional energy drinks that are often high in sugar and artificial ingredients, many are turning to enhanced water as a more natural option. These products provide not only hydration but also additional functional benefits, including vitamins, minerals, and antioxidants, making them a refreshing and nourishing beverage choice. This shift reflects a broader trend towards prioritizing health and wellness in beverage consumption.
Key Players:
Profiles of some of the major players in the global Enhanced Water market, which include ax water, BiPro USA, CORE Nutrition LLC, GREEN-GO LLC, H2rOse, JUST WATER, Karma Culture LLC, lalpina, Liquid Death Mountain Water, and Montane Sparkling Spring Water.
Industry Development:
On September 7, 2021, Glucose Health, Inc., a manufacturer and distributor of nutritional beverages, introduced GLUCODOWN enhanced water. This innovative product is enriched with fiber that has been clinically proven to help maintain optimal blood sugar levels. GLUCODOWN offers a unique approach to beverages, addressing the growing demand for drinks that support blood sugar control.
On October 22, 2021, Evian launched evian+ enhanced sparkling water to combat energy slumps in the market. This new offering is enriched with magnesium and zinc, which are beneficial for supporting normal cognitive function. To appeal to various taste preferences, evian+ comes in four refreshing flavors: raspberry and ginseng, lime and ginger, grapefruit and basil, and cucumber and mint.
The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Enhanced Water market.
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Market Segments:
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.
By Product: Flavor, Plain.
By Distribution channel: Online, Offline.
Regional Break out:
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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Key Features:
➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.
➧ Track competitor's movements in real time, allowing you to swiftly adapt strategies and remain competitive.
➧ Compare your performance with industry leaders to identify gaps, strengths, and areas for improvement.
➧ Stay updated with emerging market trends, technological advancements, and customer behaviour to refine your strategy.
➧ Receive actionable insights and recommendations to drive your business toward growth and long-term success.
➧ Tailor competitive intelligence to your unique business needs, ensuring relevant and focused analysis.
➧ Evaluate supply chain efficiency and logistics strategies to optimize operations and minimize disruptions.
➧ Understand key players, stakeholders, and partnerships to navigate the competitive landscape more effectively.
➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviours.
➧ Stay informed on regulatory changes and legal requirements impacting your industry to ensure compliance and mitigate risks.
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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