Flavoured Water Market Overview:
For the Flavoured Water market analysis, a research team conducted a significant amount of primary and secondary research. In order to supplement the available data, segment the market, determine the total market size, and forecast market size and growth rate, secondary research was conducted.
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.
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Flavoured Water Market Scope:
The study employs PESTLE analysis to evaluate the benefits and drawbacks of major market participants. To forecast the market and provide investment advice, the researcher carefully examines the Flavoured Water market’s size, share, trend, total profit, total revenue, and profit margin. Market changes are advised by subject-matter experts.
In addition to data on capacity and production, price and cost information, company profiles, product images, specifications, and contact information, the report includes information on the major market participants. The Flavoured Water market is examined for trends, size, and value at the global, regional, and corporate levels in this report. This study examines the global market for Flavoured Water using historical data and future projections.
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)
COVID-19 Impact on Flavoured Water market:
The COVID-19 outbreak has had a significant impact on the Flavoured Water market. Due to the global economic downturn and a labour shortage, the development of Flavoured Water production facilities has been halted. The pandemic of COVID-19 has resulted in a significant and long-term decrease in production utilisation. Furthermore, travel restrictions and facility closures have hampered staff visits, limiting the growth of the Flavoured Water market in 2020. However, given the high demand for Flavoured Water, the market effects of COVID-19 are expected to be transient. The industry is expected to fully recover by early 2021.
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