Flavoured Water Market Size, Share, Revenue, Worth, Statistics, Segmentation, Outlook, Overview to 2027
Flavoured Water Market Overview:
This Flavoured Water market study's purpose is to give an overview of the Flavoured Water market as well as extensive market segmentation based on connection type, end-use, and geography. The report includes vital information on the market positions of the major Flavoured Water companies, as well as notable industry trends and prospects.
The market is being fueled by a growing awareness of the importance of drinking healthy and regular water components. Flavoured water is a better alternative than soda. It is a great drink that's low in carbs and sugar, and some of them have almost no calories. Consumer preferences are shifting the flavoured water hydration industry toward carbonated drinks and drinks with a lot of sugar. The rising occurrence of plumpness and increasing awareness of healthy lifestyles among the urban population is projected to continue to drive the Flavoured Water Market.
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The market's expansion is being hampered by the availability of low-cost substitutes:
Fruits or Citrus infused water, unsweetened iced, Low sodium broths are common substitutes for the Flavoured Water Market. Flavoured liquids are a good option for plain water. Carbonated drinks are another major substitute for flavoured water. The carbonated drink contains high sugar levels in flavoured water, with a significant proportion of sugar turning into obesity in the liver. Carbonated drinks can cause a variety of health problems, including metabolic syndrome, low blood sugar, and high blood pressure which is witnessing the restraining factor for the market.
Flavoured Water Market Segmentation:
The market is divided into three types: Sparkling, Still, and Others. In 2020, Sparkling Flavored Water held a 59.2% market share. Sparkling waters with the added benefits of fruits and herbs are highly sought-after as a healthy alternative to carbonated beverages. Sparkling beverages with little to no sugar and no calories have become more and more well-liked among younger, health-conscious consumers over time. Sparkling varieties are becoming more and more well-liked because of their flavour, fizz, and health advantages. A number of companies, most notably Nestle Pure Life, offer a selection of fruit-flavored, zero-calorie, and sweetener-free products. This segment is anticipated to provide lucrative growth for the Flavoured Water Market by adding this kind of factor.
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Flavoured Water Market Key Players:
- Cargil Inc (U.S)
- Sunny Delight Beverages Company (U.S)
- Balanced Water Company (New York)
- Kraft Foods (U.S)
- New York Spring Water (New York)
- PepsiCo (New York)
- The coca-cola company (U.S)
- Nestle SA (U.S)
- Groupe Danon (Paris)
- Eklo water (Philadelphia)
- Suntory (Japan)
Flavoured Water Market Regional Analysis:
The study also offers a complete PESTLE analysis for each of the five regions, namely North America, Europe, Asia Pacific, the Middle East and Africa, and South America, after considering the political, economic, social, and technical elements impacting the Flavoured Water market in these regions.
COVID-19 Impact Analysis on Flavoured Water Market:
Customer behaviour has changed as a result of the COVID-19 epidemic in all areas of society. Industries, on the other hand, will need to revise their strategy to account for changing market supply. This report provides an overview of the COVID-19's influence on the Flavoured Water market and will assist you in developing your business in accordance with the new industry standards.
Key Questions answered in the Flavoured Water Market Report are:
- Which product segment had the largest share in the Flavoured Water market in 2020?
- How is the competitive landscape of the Flavoured Water market?
- Which are the key factors aiding the Flavoured Water market growth?
- Which region holds the maximum share in the Flavoured Water market?
- What will be the CAGR of the Flavoured Water market during the forecast period (2021-2027)?
About Stellar Market Research:
Stellar Market Research is a market research and consulting firm that provides syndicated and custom research reports in addition to consulting services. The main goal of the company's products is to assist businesses in identifying, focusing on, and analysing changes in consumer behaviour across demographics and industries to assist them in making better business decisions. In order to provide relevant and fact-based research, the company conducts market intelligence studies in a variety of industries, including healthcare, touch points, and energy. With experience in many different industries, Stellar Market Research has a sizable staff of highly qualified analysts. Clients can gain a competitive advantage over their rivals thanks to the company's subject-matter expertise and capacity to provide a workable solution to any research problem.
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