About Mineral Water
Mineral water is a water collected from a mineral spring containing various minerals, such as salts and sulfur compounds. It is usually still or sparkling according to the presence or absence of added gases. Mineral waters were used or consumed at spring sources, which is often referred to as "taking the waters" or "taking the cure," at places such as spas, baths, or wells. Now a days it is common for mineral water to be bottled at the source for distributed consumption.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Mineral Water market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Danone (France), Nestle (Switzerland), Coca-Cola (United States), Bisleri International (India), Suntory Water Group (United States), Eden Springs (Switzerland), Ferrarelle (Italy), Hildon (United Kingdom), Nongfu Spring (China), Wahaha (China) and Ganten (Liechtenstein) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Mineral Water market by Type (Natural Mineral Water and Man-made Mineral Water) and Region.
On the basis of geography, the market of Mineral Water has been segmented into 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). If we see Market by Origin of product, the sub-segment i.e. Domestic will boost the Mineral Water market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Bottled will boost the Mineral Water market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Hypermarkets & Supermarkets will boost the Mineral Water market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Consumers Switching from Carbonated Drinks to Healthier Alternatives
Market Growth Drivers:
Higher Content of Minerals is Fuelling the Market and Increase in Public Awareness about the Health Issues
Challenges:
Restrictions Against Improper Disposal of Plastic Bottles
Restraints:
Availability of Fresh Drinking Water
Opportunities:
Growing Acceptance of Premium Bottled Water
Market Leaders and their expansionary development strategies
In March 2023, SOURCE Global, the developer of the SOURCE Hydropanel, the world's first technology to sustainably generate renewable drinking water from the atmosphere, is proud to announce the acquisition of Proud Source Water, a leader in sustainably bottled spring water. Combining the resources and technological expertise of these two companies will transform the industry creating a new standard in bottled water -- renewable water sourced from the air and delivered in infinitely recyclable packaging.
On August 2019, Nestle has launched bottled water brand Nestle `Pure Life’. It is launched in 1-litre pack and priced at Rs 12, the product comes with a unique tamper-evident 3-D hologram seal., and In November 2020, MSRTC has launched its own brand of packaged drinking water. The MSRTC has taken the responsibility of making quality water available to the passengers at affordable rates
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.