Industry Background:
Packaged cactus water is the plant-based beverage newly introduced in the natural beverage market along with the drinks like aloe vera juice and coconut water. It is derived from the fruits of the prickly pear cactus which provides various health and skin benefits. Packaged cactus water is made of several ingredients like filtered water, prickly pear cactus concentrate, natural flavor, vegetable color, and other ingredients. This type of beverage is typically made with half of the calories and sugar than other beverages like coconut water products.
This growth is primarily driven by Growing Demand for the Natural Beverages Among People with Various Health Benefits and Demand Among the Athletes Due to its Low Calories and Sugar Rich with Antioxidants and other Nutrients.
Globally, a noticeable market trend is evident Shifting Consumer Preference towards Natural Plant-based Beverages. Major Vendors, such as True Nopal Ventures LLC (United States), Steaz (Healthy Beverage LLC) (United States), EVISSI USA LLC (United States), Lauro Company (United States) and Caliwater (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 11th August 2021, True Nopal Cactus Water Announced National Representation With Green Spoon Sales. True Nopal, the number one selling cactus water brand and the cactus water category creator, announced that it has finalized an agreement with Green Spoon Sales to represent True Nopal Prickly Pear cactus water across the country.
On 20th April 2021, Caliwater announced a relaunch backed by Vanessa Hudgens and Oliver Trevena. The drinks are available in Organic Wild Prickly Pear and Organic Wild Prickly Pear with Ginger & Lime flavors. Each can contains 25 calories and is vegan, kosher, and non-GMO.
Market Drivers
- Growing Demand for the Natural Beverages Among People with Various Health Benefits
- Demand Among the Athletes Due to its Low Calories and Sugar Rich with Antioxidants and other Nutrients
Market Trend
- Shifting Consumer Preference towards Natural Plant-based Beverages
Restraints
- Regulatory Guidelines and Standards on Production, Packaging and Labelling of Packaged Cactus Water Products
Opportunities
Availability of Packaged Cactus Water in Different Flavors and Packaging Size and Growing E-commerce Availability of Packaged Cactus Water
Challenges
Potential Health-Related Related Risks Associated with Packaged Cactus Water
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Packaged Cactus Water Study Sheds Light on
The Packaged Cactus Water Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Packaged Cactus Water industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Packaged Cactus Water industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.