Water that has been sweetened with sugar or artificial sweeteners and has natural or artificial flavourings is known as flavoured water. To improve the taste of water, regular and synthetic flavours are added to Flavoured Water. Flavoured waters contain vitamins, minerals, spices, sweeteners, spring water, and artificial tastes, and they have a high nutritional value and provide customers with numerous health benefits such as blood system, weight management, and hunger control. It is a member of the category of beverages that have a taste comparable to water. The Flavoured Water Market report’s segment analysis is provided on the basis of type and distribution channel.
Flavoured Water Market Report Scope and Research Methodology:
The main aim of the Flavoured Water Market report is to provide a comprehensive analysis of the market to the stakeholders in easy language. Market research has been done by dividing the Flavoured Water market into major segments. These main segments of the Flavoured Water Market were further divided into various sub-segments. A detailed analysis of drivers, opportunities, restraints, and challenges in the Flavoured Water industry has been provided region-wise and segment-wise in the report. The market report presents an in-depth analysis of the Flavoured Water Market including historical data, meaningful insights, facts, and statistically supported and industry-validated market statistics with estimates based on an appropriate set of assumptions and methodologies.
The primary and secondary research methods were used to collect the data for the Flavoured Water market report and the data collected for the report was combined and analysed to get accurate and error-free findings. The secondary research includes a review of annual and financial reports of leading players, while primary research includes interviews with important opinion leaders and Flavoured Water industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals. To estimate the Flavoured Water market size, the bottom-up approach was employed. SWOT analysis was employed to provide the strengths and weaknesses of the Flavoured Water Market with the PESTLE and PORTER analysis to provide the effects of macroeconomic and microeconomic factors on the Flavoured Water Market.
Flavoured Water Market Report Overview:
The report covers the Flavoured Water Market’s most recent revenue and trends. It includes Flavoured Water Market overview, definition, structure, and preventative and pre-planned management. The report focuses on the factors that affect the Flavoured Water Market positively and negatively. It also aids in determining the future potential of the Flavoured Water Market in the forecast years. The report aids in making decisions about how to approach the market and comprehending the Flavoured Water industry’s backdrop.
Flavoured Water Market size was valued at US$ 24.28 Bn. in 2020. The Global Flavoured Water Market is estimated to grow at a CAGR of 7.6% over the forecast period.
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Flavoured Water Market Dynamics:
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.
Flavoured Water Market Segmentation:
By Type, the market is segmented as Sparkling, Still, and Others. Sparkling Flavoured water dominated the market with a 59.2% share in 2020. As a healthy alternative to fizzy drinks, sparkling waters with added benefits of fruits and herbs are in hot demand. Sparkling drinks with low or no sugar and zero calories have grown in popularity among youthful health-conscious consumers over the years. Because of their taste, fizz, and health benefits, sparkling varieties are becoming increasingly popular. Several brands, notably Nestle Pure Life, provide a variety of fruit-flavoured zero-calorie and zero-sweetener products. By adding this kind of factor, this segment is expected to give lucrative growth for the Flavoured Water Market.
By Distribution Channel, the market is segmented as Supermarket, Convenience Store and Others. The Supermarket segment dominated the market with a 62.3% share in 2020. In the United Kingdom, the sale of flavoured water in supermarkets has climbed to 8.2% of the market. Adding diversity to flavoured water in supermarkets and hypermarkets can attract customers and boost the Flavoured Water Market’s profitability. The production of flavoured water has expanded in several nations, including Australia and China, which is seen to be a contributing cause to the segment’s growth.
Flavoured Water Market Key Players:
Aquafina Flavor Splash (U.S)
Herbal Water (India)
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)
Vieve Protein Water (United Kingdom)
Hint water (U.S)
Flavoured Water Market Regional Insights:
Geographically, the report is segmented into several key countries, with Flavoured Water market size, growth rate, import and export of Flavoured Water market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.
Key Questions answered in the Flavoured Water Market Report are:
- Which segment held the largest share in the Flavoured Water market?
- Which are the key factors driving the Flavoured Water market growth?
- Which region holds the maximum share in the Flavoured Water market?
- What is the expected CAGR of the Flavoured Water market during the forecast period?
- Who are the major players in the Flavoured Water market?
- What key trends are expected to emerge in the Flavoured Water market in the coming years?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2027.
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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