Press release
Flavored and Functional Water Market - Brazil Industry Analysis 2024
The growing focus on health and wellness among consumers across Brazil has elevated the demand for clean, flavored, and hygienic drinking water. This, in turn, has resulted in a significant rise in the per capita consumption of flavored and functional water in the country. The Brazil flavored and functional water market is projected to exhibit a strong growth rate over the coming years, thanks to the increasing demand for convenient, healthy, and energizing beverages.
Dietary and lifestyle changes have led to an alarming rise in the rate of obesity and diabetes in Brazil. According to a study published by the country’s Ministry of Health, Brazil has the third largest overweight population in the world. The International Diabetes Federation states that Brazil is likely to exhibit the fourth highest increase in the prevalence of diabetes between 2012 and 2030. These factors are driving consumers to choose healthier dietary alternatives, with flavored and functional water on the list.
View exclusive Global strategic Business report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16133
The opportunity in the Brazil flavored and functional water market is expected to rise at a 7.3% CAGR from 2016 to 2024. In 2015, the market was valued at US$5.0 bn and is expected to reach US$9.4 bn by 2024.
Non-carbonated Beverages Preferred over Carbonated Drinks
By ingredients, vitamins and minerals are expected to witness significant growth over the duration of the forecast period. This can be attributed to the rise in consumer awareness regarding the health benefits of vitamins and minerals and the growing consumption of vitamin-fortified beverages in Brazil. The segment is also projected to exhibit strong growth in terms of value as well as volume.
Based on nature, the Brazil flavored and functional water market is bifurcated into carbonated and non-carbonated drinks. The non-carbonated segment is expected to retain its dominance through 2024, fueled primarily by the shift in preference from synthetic ingredients and high-sugar beverages to healthy, zero-calorie drinks. “Growing health consciousness among consumers in the country is a key factor driving this segment,” the lead analyst reports.
Retail Stores Providing Increased Opportunity for Sales of Flavored and Functional Water
From a geographical standpoint, the Brazil flavored and functional water market is segmented into south east, north east, south, central west, and north. South-east Brazil is expected to hold a relatively high revenue share in the Brazil flavored and functional water market over the forecast period, accounting for a 38.2% share by 2024. Increasing population coupled with growing awareness regarding the benefits of flavored and functional water is expected to have a positive impact on the revenue growth of the south-east region. In terms of value, the north east will register a 7.8% CAGR through the course of the forecast period.
By distribution channel, the retail stores segment accounted for a share of over 35% in terms of revenue in 2015 and is expected to expand at a CAGR of 5.9% from 2016 to 2024. The rapid expansion of retail chains in Brazil has positively impacted the growth of this segment. Furthermore, factors such as convenient locations, one-stop shopping, grab-and-go services, variety of merchandises, and speedy transactions are expected to boost the retail stores segment of the Brazil flavored and functional water market.
Key players in the Brazil flavored and functional water market include Groupe Danone, The Coca Cola Company, PepsiCo Inc., Hint Water, Mountain Valley Spring Company, LLC, Suntory Beverage & Food Ltd, Grupo Vichy Catalan, Unicer - Bebidas SA, Icelandic Water Holdings ehf., CG Roxane, LLC, and Ambev.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Flavored and Functional Water Market - Brazil Industry Analysis 2024 here
News-ID: 425436 • Views: …
More Releases from Transparency Market Research- Food & Beverage
Licorice Extracts Market Anticipated to Expand at a CAGR of 4.0% during 2017 to …
Of late, the global licorice extracts market is witnessing a stable progress, thanks to the growing demand for pharmaceutical products, herbal medicines, and various other health products among people across the world. The increasing uptake of natural ingredients in medical supplements, together with the rising inclination of consumers towards sugar-free products, boosted by the upswing in the consumer consciousness towards health and fitness, is fueling the demand for licorice extracts,…
Low Intensity Sweeteners Market: Demand to Rise with Nations Inclining toward He …
In the last few years the world has witnessed drastic change in lifestyle and eating pattern across most developed and developing nations. While this paradigm shift is steered by adverse effects of unhealthy living, it is here to stay as people look for an overall better standard of living. As cutting down sweet seems easier way of committing toward a healthy living, the prevailing environment is highly conducive to the…
Juice Concentrate Market: Trend of Adopting Healthy Lifestyle for Upkeep of Good …
Global analysis of the juice concentrate market along with the various segments and sub-segments have been considered under the scope of this report providing data for the forecast period of 2017-2025. Different types of juice concentrates are prepared using the method of concentration through reduction in the water content. These are a more condensed and concentrated form of juices that can be both fruit and vegetable. These juice concentrates achieved…
Fresh Cherries Market: Increasing Preference for Fresh Fruits Reflect Positively …
The global fresh cherries market is extremely competitive and this is fuelled by the continued entry of new players, states Transparency Market Research (TMR). Leading players operating in the fresh cherries market include: Rainier Fruit, Alacam Tarim, Vitin Fruits, Leelanau Fruit, Dell's Marachino Cherries, The Global Green Company, Smelterz Orchard, Bel'Export, and Hood River Cherry. Players within the market are improving the sales of fresh cherry
Request to view Sample Report:…
More Releases for Brazil
Brazil Clinical Trials Market ANVISA Brazil Guidelines Brazil Clinical Trials Re …
Brazil Cancer Drugs Clinical Trials Insight 2024 Report Offering:
• Brazil Clinical Trials Market Opportunity 2024 and 2030 (In US$ Billion)
• Clinical Trials Regulatory Framework In Brazil
• Total Number of Cancer Drugs In Clinical Trials In Brazil
• Total Number Of Cancer Drugs Approved In Brazil
• 400 Pages Clinical Trials Insight On All Cancer Drugs In Clinical Trials By Company, Indication and Phase
• 80 Pages Clinical Insight On All Cancer Drugs Approved in Market By Company and Indication
• Insight…
South East Brazil growing with major share in the Brazil Professional Hair Care …
In the Report “Brazil Professional Hair Care Market: By Categories (Coloring, Perming & Straightening, Shampoo & Conditioning & Styling); Sales Channel (Back Bar and Take Home) & By Company - (2018-2023)“ published by IndustryARC, the market is driven by the growing awareness of special functionalities of products, boosting the sales of treatment and hair conditioning market.
South East Brazil growing with major share in the Brazil Professional Hair Care Market
The Northern…
ATM Machine Market is Booming (18% CAGR)| NCR Brazil, Diebold Brazil, Wincor Nix …
HTF MI recently introduced ATM Machine Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Itautec S/A, NCR Brazil, Diebold Brazil, Wincor Nixdorf Brazil,…
Brazil: Country Intelligence Report 2018 By Claro, Sky Brazil, Oi, Vivo, TIM Bra …
"Brazil: Country Intelligence Report", by GlobalData provides an executive-level overview of the telecommunications market in Brazil today, with detailed forecasts of key indicators up to 2021. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, and mobile, as well as a review of key regulatory trends. …
Agrochemicals Market in Brazil
ReportsWorldwide has announced the addition of a new report title Brazil: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports.
The report “Brazil: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A…
ATM Machine Market in Brazil 2015-2019: Competitive analysis of key vendors, inc …
Albany, NY, Feb 23, 2017: This report segments the ATM machine market in Brazil by revenue generated and the unit shipment. It also includes the competitive analysis of key vendors, including Itautec S/A, NCR Brazil, Diebold Brazil and Wincor Nixdorf Brazil.
Market scope of the ATM machine market in Brazil
Technavios market research analyst predict that the ATM machine market in Brazil will continue to grow at CAGR of 18.72%. The key…
