North America Flavored Water Market Research Report – Segmented By Product Type and Country (The U.S., Canada and Rest of North America) – Analysis on Size, Share, Trends, COVID-19 Impact and Growth Forecast (2024 to 2029)

Updated On: June, 2024
ID: 3295
Pages: 135

North America Flavored Water Market Size (2024 to 2029)

The flavored water market size in North America was worth USD 7.82 billion in 2023. The North American market is estimated to grow at a CAGR of 5.51% from 2024 to 2029 and be worth USD 10.79 billion by 2029 from USD 8.25 billion in 2024. The flavored water market is developing at an exceptionally quick pace in North America.

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

The rising awareness 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 exchange expenses and medical advantages are essential reasons for the ubiquity of functional water. Additionally, there are many accessible flavors and choices that drive the market. Although the costs of this functional water are higher than those of other types, expanding wages can adjust for that. There are different crusades against plastic use in pressing; this is a touch issue for enhanced and functional water-delivering organizations.

This research report on the North American flavored water market has been segmented and sub-segmented based on the following categories.

North America Flavored Water Market – By Product Type:

  • Flavored Water
  • 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.

North America Flavored Water Market – By Country:

  • The U.S.
  • Canada
  • Rest of North America

North America had the second-highest share of the global flavored water market in 2023. The USA has the highest demand, followed by Canada and Mexico. The North American region is largely driven by health concerns.

KEY MARKET PARTICIPANTS:

Companies playing a leading role in the North American flavored water market include Hint Water, Kraft Foods, Balance Water Company, Nestle Water, Herbal Water, PepsiCo, The Coca-Cola Company, Groupe Danone, New York Spring Water, and Sunny Delight Beverage Company.

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