AMA Research, a global market research and consulting organization, have released a new study titled "Plant-based Waters market - Global outlook to 2027". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Plant-based Waters market to grow at a CAGR of % to aggregate USD16654.2 Million by 2027.
The Distribution channel, such as Supermarkets and Hypermarkets, is boosting the Plant-based Waters market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Plant-based Waters market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Growing Awareness Regarding Harmful Effects of Consuming Sugar and Artificial Sweetener among Consumers and Increasing Demand for Packaged Beverages.
Plant-based waters are also known as alternative waters and these beverages are made to boost the body. The drinks are produced from plants, most popular plant based water drink such as coconut water, birch water, aloe water, or maple waters. Depending on the plant type, the water can be extracted or processed in many different ways. There is no standard definition for plant waters and depending on how the product is labeled, it may or may not be regulated by FDA on nutrients and required labeling. Further, inclination of consumers towards organic food and organic based drinks is propelling the market growth.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Plant-based Waters market by Type (Flavored and Original), by Application (Coconut Water, Maple Water, Birch Water and Artichoke Water) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market