20 likes | 30 Views
Geographically the Global Flavored Water Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa<br>
E N D
Flavored water Share and Forecast to 2026 Market overview: The essential elements of a healthy lifestyle have started to become fashionable and more fun, and one of the best examples is the functional water trend, which has seen significant advances in the last decade. Water and flavored drinks have been popular and now, as the trend towards a healthy lifestyle takes off, these drinks will also see an upward trend. Recent developments: •Propylene Glycol in the spotlight, while Hint Water is the target of an "all-natural" test with a new twist. Market Drivers and Restrains: With increasing awareness of sustainability and the environment among consumers, industry players are increasingly offering flavored waters in sustainable packaging. Various brands offer their beverages in aluminum cans to appeal to environmentally conscious consumers. In addition, consumers are looking for beverages that are sourced and produced in a sustainable way. This trend has created growth opportunities for market players. To know more read: https://www.marketdataforecast.com/market-reports/flavored-water-market Report is segmented as: By Product Type: •Flavored water •Functional water Geographical Segmentation: North America accounted for the largest revenue share of over 37% in 2020 and will continue to increase at a stable CAGR from 2021 to 2028 due to the increasing consumption of products as a healthy alternative to other soft drinks. Europe has a large part of the world market. Naturally flavored and naturally carbonated waters with high levels of minerals make them more attractive to health-conscious consumers. The flavorings added to beverages are often obtained from natural fruit extracts. Asia-Pacific is projected to be the fastest growing regional market between 2021 and 2028. Growing consumer preference for the product, coupled with the expansion of quick-service and full-service restaurants, is likely to create positive prospects for the market in the Region. Growing consumer awareness of the benefits of leading a healthy lifestyle has driven demand for healthy foods and beverages, which in turn will support regional flavored water market growth.
Impact of COVID-19 on Flavored Water Market: The growing preference for flavored, healthy and functional beverages has fueled market growth around the world. Consumers are interested in exploring innovative beverages with fruits, herbs, and other healthy ingredients. The market has grown rapidly during the COVID- 19 pandemic due to increased health concerns, which have increased the demand for flavored hydration products enriched with the benefits of minerals and vitamins, especially among health conscious consumers with income of medium to high. Key market players: •Hint Water. •Nestle Water. •Herbal Water. •Pepsi Co. •The Coca-Cola Company and Groupe Danone. •New York Spring Water. •Kraft Foods. •Balance Water Company. •Sunny Delight Beverage Company. •Other. Contact Us: contact@marketdataforecast.com +1-888-702-9626