Flavored Bottled Water Market - Global Opportunity Analysis and Industry Forecast, 2021-2027
Market Synopsis:
Bottled water is gaining momentum owing to the innovations
introduced by the key vendors operating in the market. The report offered by
Market Research Future (MRFR) has highlighted that the global Flavored Bottled
Water Market is poised to exhibit moderate growth pace during the forecast
period 2017 to 2022. Flavor innovations in bottled water are likely to gain
traction of the market in the years to come.
The shifts in consumer behavior towards healthy lifestyle have led
to the introduction of vitamins and other nutrients induced water. With the
increasing population of health-conscious people, the demand for bottled water
with nutrients is expected to increase. This, in turn, is prognosticated to
catapult the market on a growth trajectory. Rising disposable income in
developing nations resonates strong growth potential for the market players.
These economies are projected to remain highly lucrative in the years to come.
The governments set the standards on the drinkability of water.
The standardization of hygiene levels by the government bodies is anticipated
to favor the proliferation of the Flavored Bottled Water Market over the next
couple of years. Increasing awareness, coupled with the rising urban
population, is projected to support the growth of the Flavored
Bottled Water Market in the years to come.
Competitive Dashboard:
The key players of the Flavored Bottled Water Market studied in
this report are Groupe Danone (France), Nestle Waters (France), PepsiCo Inc
(U.S.), Suntori Beverage & Food Ltd (Japan), Mountain Valley Spring
Company, LLC. (U.S.), The Coca Cola Company (U.S.), and Grupo Vichy Catalan
(Spain).
Market Segmentation:
By type, the global Flavored Bottled Water Market has been
segmented into spring water, purified water, mineral water, sparkling water,
well water and others
On the basis of packaging, the Flavored Bottled Water Market has
been segmented into packaging PET bottles, glass bottles, and others
Based on process type, the global Flavored Bottled Water Market
has been segmented into distilled water, sterile water, RO water, desalination,
and others
The Flavored Bottled Water Market, by application, has been
segmented into flavored water, tonic water, fruit infused water, fortified
water, and others
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Sample Report @ https://www.marketresearchfuture.com/reports/bottled-water-market-2252
Regional Analysis:
The geographical evaluation of the global Flavored Bottled Water
Market spans across four major regions - North America, Asia Pacific, Europe,
and the Rest of the World (RoW). Asia Pacific exhibits tremendous growth
opportunities and is likely to hold the maximum market share over the next
couple of years. The primary factor poised to drive the expansion of the Flavored
Bottled Water Market in the region is the rising urban migration. The changing
lifestyle, in conjunction with increasing per capita income is likely to
catalyze the proliferation of the Flavored Bottled Water Market in the region
across the forecast period. In addition, the rising standards of living are
also projected to boost the growth trajectory of the market in the nearby
future. Europe and North America are anticipated to exhibit moderate growth
owing to the strong economy of the region.
Industry News:
In June 2019, Ferns N Petals (FNP), a flower and gifts retailer
based out of India, has launched its own bottled water under the brand name of FNP.
The water contains higher levels of TDS (Total Dissolved Solids) which is not
only safer but also makes the water tastier.
In June 2019, Vita Coco, a producer, and distributor of coconut
water, has ventured into competitive bottled water space with its new water
brand, Ever & Ever. The producer has chosen recycle-friendly aluminum for
the launch of its water brand.
In June 2019, Duo has launched a new “wild water” from the Larkfire,
which is a naturally-sourced water. The company has developed the product
specially for pairing with whiskeys.
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Covid19 and its Impact on Various Industry Verticals and wherever required we will
be considering Covid19 Footprints for Better Analysis of Market and Industries.
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