Market Research Future (Food and Beverages) Flavored Water Market Progresses for Huge Profits | Page 3
Flavored Water Market Research Report- Forecast till 2023
2 Market Overview
Flavored water is gaining popularity among the consumers owing to various health benefits associated with them.
Moreover, the variety of flavors available in the market is driving the market growth. Also, different flavors have
different health benefits associated with them such as adding a slice of lemon to the water offers key nutrients and
disease-fighting benefits, orange adds various vitamins to the drink, and so on. Increasing health problems among
the growing population followed by growing interest in flavored water are driving the growth of flavored water market
globally.
Manufacturers are making continuous efforts and coming up with various innovative products which are further
linking benefits of flavored water to health and beauty regimes. Growth in the retail sector is also propelling the
growth of the market owing to the ease of availability of the product to fulfill its growing demand. However, artificial
ingredients added to the flavored water is a restraint to the growth of the market.
Segments
On the basis of the type, flavored water is segmented into carbonated and non-carbonated flavored
water. Among them, the carbonated flavored water is witnessed to be dominating the market. However,
the non-carbonated flavored water is anticipated to be the fastest growing segment over the forecast
period.
Based on the flavors, the flavored water market is segmented into lemon, orange, mixed berry, apple,
and others. Among all, the lemon segment is witnessed to be dominating the market followed by the
orange segment.
Based on the packaging material, the flavored water market is segmented into glass and plastic. Among
them, the plastic segment is witnessed to be dominating the market. However, glass segment is
observed to have substantial growth over the forecast period.
On the basis of the distribution channel, the market is segmented into store-based and non-store based
distribution channel. The store-based distribution channel is dominating the market owing to one-stop
shop experience followed by a wide range of options available on one shelf.
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