The enhanced water market was valued at approximately 6.1 billion USD in 2020 and is predicted to be worth 9.5 billion USD by 2028, with a CAGR of nearly 8.5% from 2021 to 2028.
The paper evaluates and analyses global and regional markets for improved water. The study dives closely into market rivalry, constraints, revenue predictions, prospects, and changing patterns. The study covers revenue forecasts from 2021 to 2028, as well as historical data from 2018 to 2020. (Priced in USD).
Enhanced Water Market: Overview
Minerals, natural flavors, artificial flavors, and vitamins are just a few of the extra ingredients that are added to water to improve its flavor and nutrition. Better water contains more minerals and vitamins, as well as less sugar, than soda. Customers also have a strong preference for pleasant nutritional beverages. Magnesium, potassium, and sodium are other chemicals in the product that help with ion balance in the body. Because a sizable portion of the worldwide population is obese and afflicted with ailments such as diabetes and hypertension, the market for improved water is likely to rise faster than predicted throughout the forecast period. Plant fluids, fruit and vegetable extracts, and plant components are also present in enriched water.
Enhanced Water Market: Growth Dynamics
Growing consumer demand for hydration beverages is likely to have an impact on the enhanced water market throughout the evaluation period. Better water also contains carbohydrates, which help with physiological renewal. The improved water industry will grow dramatically over the forecasted time period as people become more aware of the negative effects of dehydration on human health. Customers’ preference for herbal items has resulted in a significant increase in demand for better water in recent years. Nonetheless, a greater emphasis on better health and the use of hydrating beverages by people of all ages is predicted to carve out a lucrative growth path for the company over the evaluation period.
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Moreover, rising urbanization and consumers’ propensity to use bottled water will influence market dynamics. Yet, a lack of consumer knowledge about products may prevent the enhanced water sector from growing in the foreseeable future.
Renhanced Water Market: Regional Landscape
The market in Asia Pacific will expand the fastest throughout the prediction period.
The rising popularity of fitness and workouts among young people in the subcontinent may boost to the growth of the Asia Pacific enhanced water market between 2021 and 2028. Furthermore, athletes’ extensive usage of enhanced water as a post-workout beverage will drive regional market growth in the near future. Furthermore, increased demand for natural, stimulant-free, and chemical-free goods will drive up future water sales and penetration in the subcontinent.
Enhanced Water Market: Competitive Landscape
Key players profiled in the study and leveraging market growth include BiPro USA, GREEN-GO LLC, JUST WATER, Montane Sparkling Spring Water, CORE Nutrition LLC, Alpina, H2rOse, ax water, Karma Culture LLC, and Liquid Death Mountain Water.
The global Enhanced Water Market is segmented as follows:
By Distribution Channel
Offline
Online
By Product
Flavored
Plain
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa
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