Drink Asia September - October 2019 | Page 24

Raising a Toast water help consumers to drink more water. This factor is expected to boost the demand for fruit-infused water significantly in the market. Usage of Eco-friendly Packaging for Infused Water Manufacturers of fruit-infused water are focusing on the ill effects of plastic bottles on the environment. Manufacturers are finding alternatives to plastic as a packaging material. Metallic cans are the next option available for them, but increase the pricing of the product. Hence, manufacturers are implementing new packaging materials, which are environment-friendly. The usage of ecofriendly and affordable packaging materials is expected to create more opportunities for the manufacturers of fruit-infused water. Preference for Organic Flavored Drinks over Conventional Flavored Drinks Conventional flavored drinks contain additives and preservatives, which are likely to harm the human body. Manufacturers have started using organic ingredients without any additives and preservatives, and introduced 100% organic flavored drinks for diet- conscious consumers. The consumption of organic fruit-infused water is the emerging trend as lifestyles of consumers are also changing. This emerging trend of consumption of organic flavored water over conventional flavored water is expected to drive the market growth in the forecast period. New and Trendy Packaging Styles, the Emerging Supply-Side Trend Manufacturers of fruit- infused water are focusing on new packaging materials and trending designs to attract more consumers. Attractive and innovate packaging styles without the use of plastic, are trending in the market. Such eco-friendly and trendy packaging options are expected to further boost the market demand for fruit- infused water. Use of Homemade Infused Water Hindering the Market from Reaching Its Full Potential the fruit starts to get infused in it. This is the process of making fruit-infused water and is simple enough to be carried out at home. Consumers who consume fruit-infused water in limited quantities but on a regular basis, prefer to prepare it at home. Ingredients needed for the production are also available at home, and the cost incurred is very less. Hence, the preference for homemade-infused water is expected to hinder the market from reaching its full potential. Analysts’ Inference of the Fruit-infused Water Market When any fruit is kept in water for more than three hours, then the flavor and color of The author(s) of the report maintain a propitious outlook on the growth of the fruit- infused water market during Vendors functioning in the fruit- infused water market will have to pass their products through two strict fi lters of quality and packaging Drink Asia 24 September-October 2019 the forecast period 2019- 2029 with a CAGR of ~6%. Demand for fruit-infused water will remain high with growing quest of consumers for functional beverages. Millennial population will continue to remain the target consumers, in light of their marked predilection for nuanced flavors. Vendors functioning in the fruit-infused water market will have to pass their products through two strict filters of quality and packaging. An investment in the introduction of new flavors will resonate well with innovation-seeking c o n s u m e r s ; h o w e v e r, experiments done with citrus fruits and strawberry will remain fruitful. Use of glass and metal as a packaging material will turn out to be a strategic move for vendors functioning in the fruit-infused water market. Though Europe holds a dominant status in the fruit-infused water market, exponential improvements in the market share of East Asia is likely to offer high returns on investment.