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Water Enhancer Market Report, Industry Demand, Share and Trends 2023-2028
by Vikas Chauhan Marketing Research ProfessionalIMARC Group's report titled "Water Enhancer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the global water enhancer market report.
How Big Is the Water Enhancer Market?
The global water enhancer market size reached US$ 2.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.9 Billion by 2028, exhibiting a growth rate (CAGR) of 10.7% during 2023-2028.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/water-enhancer-market/requestsample
Factors Affecting the Growth of the Global Water Enhancer Industry:
- Health and Wellness Consciousness:
The rising preferences of individuals for healthier beverage choices represent one of the primary factors driving the market. Additionally, the escalating demand for alternatives to sugary and carbonated beverages due to the rising prevalence of diabetes is creating a positive outlook for the market. Along with this, the growing concerns about obesity and related health issues are encouraging many individuals to consume water enhancers. Along with this, many water enhancer brands are offering customization options to cater to individuals with diverse tastes and health preferences.
- Environmental Awareness and Consumer Choices:
The increasing awareness among the masses about the environmental impact of their purchases is encouraging them to purchase products that are packaged in eco-friendly materials. In addition, many water enhancer brands are adopting sustainable packaging options, such as recyclable, biodegradable, or compostable materials to reduce carbon footprint. In line with this, leading market players are focusing on several solutions to reduce plastic waste by offering concentrated refill options. Moreover, governing authorities of several countries are undertaking initiatives to control pollution levels and promote environmental health.
- Demand for Functional Beverages:
The rising awareness among individuals about the benefits of consuming functional beverages, including improved hydration and overall health goals is supporting the market growth. Along with this, the increasing participation of people in sports and fitness activities is catalyzing the demand for electrolyte-enhanced water enhancers that help maintain proper fluid balance, prevent dehydration, and support muscle function during and after exercise. Moreover, many functional beverage brands are introducing water enhancers enriched with vitamins, minerals, electrolytes, and other beneficial nutrients. They are also investing in marketing strategies like celebrity endorsements to attract a wider consumer base.
Leading Companies Operating in the Global Water Enhancer Industry:
- 4c Foods Corp.
- Arizona Beverages USA (Hornell Brewing Co. Inc.)
- BareOrganics
- Dyla LLC
- Heartland Food Products Group
- Jel Sert Company
- Nestlé S.A.
- SweetLeaf Stevia Sweetener (Wisdom Natural Brands)
- The Coca-Cola Company
- The Kraft Heinz Company
- Twinings North America Inc.
- Zhou Nutrition (Nutraceutical International Corporation)
Ask Analyst for Sample Report: https://www.imarcgroup.com/request?type=report&id=5093&flag=C
Global Water Enhancer Market Report Segmentation:
By Type:
- Fruit Flavored
- Coffee Flavored
- Tea Flavored
- Others
Fruit flavored dominate the market due to their widespread appeal and natural, refreshing taste.
By Form:
- Powder
- Liquid Concentrate
Liquid concentrate holds the largest market share due to their convenience, precise control of flavor intensity, and ease of use.
By Application:
- Flavouring
- Energy Stimulant
- Functional
Based on the application, the market has been classified into flavouring, energy stimulant, and functional.
By Distribution Channel:
- Supermarkets and Hypermarkets
- Pharmacy and Health Stores
- Convenience Stores
- Online Stores
- Others
Supermarkets and hypermarkets represent the largest market segment due to their extensive reach, offering individuals a wide selection of products and convenient accessibility.
Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
North America's dominance in the water enhancer market is attributed to its large consumer base, heightened health-consciousness, and diverse flavor preferences.
Global Water Enhancer Market Trends:
The expanding working population and fast-paced lifestyles of individuals are driving the demand for portable hydration solutions like liquid concentrate and single-serve water enhancers. These products are easy to carry, require minimal preparation, and can be added to water wherever and whenever needed, whether at home, work, or while traveling.
The rising preferences of individuals for products with transparent ingredient lists, free from artificial additives and preservatives are encouraging manufacturers to include natural flavors and sweeteners and eliminate artificial colors. Additionally, the escalating demand for water enhancers made with organic ingredients is driving the market.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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About Vikas Chauhan 
Marketing Research Professional
8 connections, 0 recommendations, 40 honor points.Joined APSense since, June 2nd, 2022, From Noida, India.
Created on Dec 18th 2023 05:08. Viewed 117 times.
