North America Flavored Water Market

North America Flavored Water Market Growth and Forecast (2023 - 2028):

North America Flavored Water Market is worth USD 7.41 billion in 2022 and estimated to grow at a CAGR of 5.51%, to reach USD 9.69 billion by 2028. The Flavored Water market is developing at an exceptionally quick pace.

Market Overview:

Aromatized water is mixed water with flavors and colors added to it. Aromatized water is a mixture of mineral water, various organic products juices concentrations (Fruits Combinations blackberry Strawberry etc.), normal sweeteners and artificial sweeteners. While the functional water is made of water with taste and made using minerals, vitamins, herbs, raw products from the soil and oxygen. These added drugs and cancer prevention provide additional healthy benefits and benefits to functional water, including flavored.

Drivers:

Expanding knowledge of heftiness and about sound way of life among people is required to remain the key drive administering the development of the worldwide seasoned and functional water market. Decreased exchanging expenses and medical advantages are essential purposes behind the ubiquity of functional water. Additionally there are many flavors and choices accessible are driving the market. In spite of the fact that costs of this functional water are more than others, expanding wage can adjust for that. There are different crusades against plastic use in pressing; this is a touch of issue for enhanced and functional water delivering organizations.

North America Flavored Water Market Segmentation Analysis:

The North America market for Flavored Water is segmented on the basis of type and region. Based on type, the market is segmented into flavored water and Functional water. Of these, functional water is expected to grow at a better pace as more people are inclining to healthier drinks instead of ordinary water/beverages.

Region Analysis:

Geographically the North America Flavored Water Market is segmented into US, Canada and Rest of North America. North America has the second highest no. share in the flavored water market. USA has the highest demand followed by Canada and Mexico. The North America region is largely driven by health concerns.

Key Players in the Market:

Major Key Players in the North America Flavored Water Market are

• Hint Water
• Kraft Foods
• Balance Water Company
• Nestle Water
• Herbal Water
• PepsiCo
• The Coca-Cola Company
• Groupe Danone
• New York Spring Water
• Sunny Delight Beverage Company