Still Flavoured Water Market Scope
calorie option with a subtle taste. To create it, natural flavorings like fruit extracts or herbs are added to plain water. This beverage offers a healthier alternative to sugary or artificially sweetened drinks and comes in a variety of flavors such as lemon, lime, and berry. Some flavored water comes in enhanced versions with added vitamins, minerals, or electrolytes for added benefits, making it a popular choice for those seeking hydration with a hint of flavor. Increasing disposable income across the globe and growing teenage consumer inclination towards still flavored water are the driving factors for the still flavored water market
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Suntory (Japan), Nestle (Swtizerland), Vichy Catalan Corporation (Spain), Fraser and Neave, Limited. (Singapore), Tesco (United Kingdom), aQuell้ (South Africa), Danone (France), Campbell's (United States), Del Monte (United States), PepsiCo (United States), Mountain Valley Spring Company (United States), Coca-Cola (United States), Arizona Beverages (United States), BA SPORTS NUTRITION (United States), Keurig Dr Pepper Inc. (United States), Lucozade Ribena Suntory (England), Nongfu Spring (China) and POM Wonderful (United States |
CAGR | % |
Still flavoured water market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products. The companies are coming up with partnerships or agreements along with planning strategic activities such as new product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge
Suntory (Japan), Nestle (Swtizerland), Vichy Catalan Corporation (Spain), Fraser and Neave, Limited. (Singapore), Tesco (United Kingdom), aQuell้ (South Africa), Danone (France), Campbell's (United States), Del Monte (United States), PepsiCo (United States), Mountain Valley Spring Company (United States), Coca-Cola (United States), Arizona Beverages (United States), BA SPORTS NUTRITION (United States), Keurig Dr Pepper Inc. (United States), Lucozade Ribena Suntory (England), Nongfu Spring (China) and POM Wonderful (United States are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Still Flavoured Water market by Type and Region with country level break-up.
On the basis of geography, the market of Still Flavoured 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).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In August 2023, GK Group acquired beverage contract manufacturer, Unibev. This acquisition helped company to expand its presence in still flavoured water market
In April 2019, Coca-Cola launched sugar free flavoured water under brand name I LOHAS in Japan. This launch helped company to expand its presence in still flavoured water market
Influencing Trend:
Growing Demand for Water with Added Health Benefits
Market Growth Drivers:
Growing Social Media Shows Impact on Flavoured Water Market, Increasing Disposable Income across the Globe and Growing Teenage Consumer Inclination towards Still Flavoured Water
Challenges:
Consumers Growing Concern for Presence on Added Sugar and Preservative in Flavoured Water
Restraints:
Stringent Rule Regulation and Guidelines for Manufacturing
Opportunities:
Rising Demand for New Flavoured Mixers with Accessibility of Several Variants
Key Target Audience
Manufacturer, Distributor, Regulatory Bodies, Potential Investors, Research and Development Institutes, End Users and Others