Flavoured Water Market Growth Probability, Leading Vendors and Future Scenario up to 2027
Flavoured Water Market Overview:
Flavored water is defined as water that has been naturally or artificially flavoured, sweetened with sugar or artificial sweeteners, or both. Flavoured Water contains both natural and artificial flavours to enhance the flavour of the water. Flavored waters have a high nutritional value and offer consumers numerous health benefits like improved blood system, better control of appetite, and weight management. They also contain vitamins, minerals, spices, sweeteners, spring water, and artificial flavours. It belongs to the group of drinks with a flavour that is similar to water. On the basis of type and distribution channel, the segment analysis for the Flavoured Water Market report is provided.
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The market's expansion is being hampered by the availability of low-cost substitutes:
Common substitutes for the flavoured water market include unsweetened iced beverages, fruit- or citrus-infused waters, and low-sodium broths. Plain water is a good substitute for flavoured liquids. Another common alternative to flavoured water is carbonated beverages. High levels of sugar are present in the carbonated beverage's flavouring water, and a sizeable portion of that sugar is converted to obesity in the liver. The health risks associated with carbonated beverages, such as metabolic syndrome, low blood sugar, and high blood pressure, are a limiting factor for the market.
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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.
Key Players:
- 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)
COVID-19 Impact Analysis on Flavoured Water Market:
The COVID-19 recovery phase is now complete worldwide. The market is examined in the context of the current economic climate in Stellar Market Research's report on the status, trends, and COVID-19 impact of the Flavoured Water market. SMR regularly evaluates the COVID-19 pandemic's effects on a variety of industries and verticals across all disciplines. The same data can be found in stellar market research (SMR) studies, which are useful for determining how COVID-19 will affect industry growth and decline. To ascertain the discrepancy between supply and demand in a market, a stellar market research (SMR) report can be used. The stellar market research (SMR) report contains analysis, revisions to the law, and other pertinent information.
Key Questions answered in the Flavoured Water Market Report are:
- Which product segment grabbed the largest share in the Flavoured Water market?
- How is the competitive scenario 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?
- Which application segment emerged as the leading segment in the Flavoured Water market?
- Which are the prominent players in the Flavoured Water market?
- What key trends are likely to emerge in the Flavoured Water market in the coming years?
- What will be the Flavoured Water market size by 2029?
- Which company held the largest share in the Flavoured Water market?
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