Water Enhancers Market - 2023-2030

Water Enhancers Market - 2023-2030


Global Water Enhancers Market reached US$ 4.81 billion in 2022 and is expected to reach US$ 8.57 billion by 2030, growing with a CAGR of 7.5% during the forecast period 2023-2030.

Drinking water is always important for normal body functions. It maintains the body temperature, keeps the body hydrated and maintains normal health conditions. There is a rising trend for nutritious and healthy water. Increasing shifts in consumer preference towards healthier and natural hydration products positively affect the market growth.

Increased awareness of the health impacts of carbonated beverages is driving people towards water enhancers, the drink loaded with essential nutrients. Increasing health and wellness trends and rising disposable incomes may drive the market for water enhancers. Many promotional activities by celebrities and influencers support the market growth.

Most of the popular brands are entering the water enhancers field, making it easier for the product to expand in the market. Various acquisitions and product launches by the key layers of the market boost the market growth. Manufacturers are inducing natural and functional ingredients into the products to provide healthy benefits for consumers. In addition, the technological advancements in processing and packaging of water enhancers boost the market growth.

Dynamics

Increasing Health Consciousness Among People

People consume sugary products for refreshment and wide flavors. With the increased awareness regarding the health concerns associated with sugary beverages, consumers are looking for healthier options to hydrate and refresh themselves. Sugary and carbonated beverages lead to severe health issues like diabetes and obesity. With the increased prevalence of such diseases, consumers are searching for alternative products for hydration.

Water enhancers provide the satisfaction of a beverage with greater nutritional value, without any sugars or calories within it. They are loaded with many functional ingredients to provide the body beyond hydration. Vitamins, minerals and other various functional ingredients make it a healthier substitute for other beverages. Manufacturers are developing new products with natural sweeteners and highlighting the zero-sugar and zero-carb factors to attract health-conscious consumers.

Rising Demand for Convenience Food Products

Changing consumer preferences towards innovative and convenient products to boost their health and nutrition positively drives the water enhancer market. Water enhancers are available in powder, drops and liquid form. The liquid can be consumed directly and gives a sense of hydration and nutrition to the body. The powder formulations are very convenient to carry, store and add to water.

The increasing busy lifestyles of people are demanding quick and convenient nutrition. Water enhancers have a compact nature. They can be easily carried around and accompanied to work and exercise places. The availability of various flavors in water enhancers allows consumers to choose their favourite flavor. The increasing trend of a healthy lifestyle may develop consumer preferences towards the water enhancers induced with herbs and superfoods.

Availability of Alternatives

The wide variety of other alternative beverage products available can be one of the major restraining factors for the global water enhancers market. Many ready-to-drink beverages from popular brands have a strong product image in the market. Water enhancers are not famous enough to beat most of the famous ready-to-drink beverage products. In addition, chemical additives in the flavored water enhancers can hinder the market growth.

The various regulations implemented by the government in incorporating certain ingredients in water enhancers can challenge the manufacturers to develop the desired product. Government regulatory considerations may influence the formulation of the product. The different regulatory bodies in each region may resist the product accessibility. In addition, most people perceive water enhancers as synthetic products and don’t prefer them due to their low taste compared to other beverages.

Segment Analysisn

The global water enhancers market is segmented based on source, ingredients, category, product, type, flavor, sales channel, application, end-user and region.

New and Innovative Flavors

The global water enhancers market is segmented into nutritional, non-nutritional, flavored and enhanced based on their type. The flavored water enhancer segment holds the larger segment due to the higher acceptability of consumers. People crave tasty and healthy products. The various flavors available in water enhancers make the greater expansion of the segment.

The new product launches by the manufacturers boost the segemnt growth. In July 2022, the food and beverage manufacturing company, DreamPak, introduced Enhanca Hydrate, a water flavor enhancer. The product is rich in electrolytes, and various flavors of product offerings include watermelon, tangerine, mixed berry and others.

Geographical Penetration

Increased Demand for Healthy Products

North America region is considered to hold the largest share of the global water enhancers market. The growing consumer preference for nutritious and healthy products drives the market in this region. According to the National Health Council, the range of people suffering from chronic diseases is expected to be around 40%.

According to the Bureau of Labor Statistics, U.S. employment-population ratio reached 60.4% in July 2023. The ready-to-drink nature of water enhancers is growing their demand among working-class people. With the increased health concerns in this region, people are concentrating on opting for healthy alternatives for their daily beverages.

North American region consumers, especially from U.S. and Canada prefer plant-based, herbal and natural products. Rising disposable incomes and the growing health consciousness of people of this region boost this region’s market growth. Availability of various brand products are new product launches by this region manufacturers fuel market growth.

Competitive Landscape

The major global players in the market include Pepsico, Nestle S.A., Coco-Cola Company, Dyla LLC, Keurig Dr Pepper, Beyond Water, Abchiale Technologies, Sweet Leaf, Koninklijke DSM N.V. and Ocean Beverages.

COVID-19 Impact Analysis

The outbreak of the COVID-19 pandemic has both positive and negative impacts on the global water enhancers market. The decreased production and availability of products restricted their sales. The strict regulations from the government resulted in the shutdown of many manufacturing industries and negatively impacted the market. The disruption in the supply chain activities reduced economic activity.

Convenient healthy food products were in demand during the pandemic. People became health conscious and increased their intake of healthy products. Lockdowns restricted people to home. Increased health consciousness among consumers made them choose healthy and tasty drinks. The increased nutritional value of water enhancers made it a top choice for people as they started concentrating on immunity and health.

The increasing social media influence of food preferences and high promotional activities by social media influencers expanded the water enhancers market. In addition, the increased use, accessibility and popularity of the e-commerce sector and the wide availability of these products in online sales increased the market demand.

Russia- Ukraine War Impact

The Russia-Ukraine war had a significant effect on the food and beverage sector. The war had a negative impact on the water enhancers market. The lack of resources and interrupted processes at the industrial level badly impact product production. Distribution channels were negatively affected, leading to decreased market growth.

The war created import and export trade disruptions, resulting in economic disturbances. Scarcity. The war resulted in the scarcity of food and beverage products. The unavailability of such products and rise in product prices had a significant impact on the market. The political and economic uncertainty created due to the war had a negative impact on the water enhancers market.

By Source
• Vegetables
• Tea Leaves
• Coconut
• Fruits
• Others

By Ingredients
• Vitamins
• Antioxidants
• Electrolytes
• Sweeteners
• Others

By Category
• Sugar-Free
• Conventional

By Product
• Flavored Drops
• Powder
• Liquid

By Type
• Nutritional
• Non-Nutritional
• Flavored
• Enhanced

By Flavor
• Fruit
• Tea & Coffee
• Others

By Sales Channel
• Offline Sales Channel
Supermarkets/Hypermarkets
Departmental Stores
Convenience Store
Others
• Online Sales Channel
Company Website
E-commerce Platform

By Application
• Residential
• Commercial

By End-User
• Children
• Adult
• Elderly
• Fitness Enthusiasts
• Pregnant Women
• Others

By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Italy
Russia
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
• Middle East and Africa

Key Developments
• In June 2023, a multinational company, Unilever, through its Liquid I.V. powdered water enhancers, introduced a new innovative hydration multiplier sugar-free product loaded with various nutrients. The products are available in different flavors, including lemon-lime, green grape and white peach.
• In September 2022, Pharmavite LLC, an American dietary supplements company, introduced a water enhancer, through its MegaFood brand. This product specializes in digestive health and is available in different flavors including, lemon ginger and pineapple kombucha.
• In April 2022, a brand of Britvic PLC, Robinsons, introduced new water enhancer drips with vitamins. These products are available in different flavors.

Why Purchase the Report?
• To visualize the global water enhancers market segmentation based on source, ingredients, category, product, type, flavor, sales channel, application, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of water enhancers market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global water enhancers market report would provide approximately 109 tables, 123 figures and 189 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies


1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Source
3.2. Snippet by Ingredients
3.3. Snippet by Category
3.4. Snippet by Product
3.5. Snippet by Type
3.6. Snippet by Flavor
3.7. Snippet by Sales Channel
3.8. Snippet by Application
3.9. Snippet by End-User
3.10. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Increasing Health Consciousness Among People
4.1.1.2. Rising Demand for Convenient Food Products
4.1.2. Restraints
4.1.2.1. Availability of Alternatives
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Scenario Before COVID
6.1.2. Scenario During COVID
6.1.3. Scenario Post COVID
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. By Source
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source
7.1.2. Market Attractiveness Index, By Source
7.2. Vegetables
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Tea Leaves
7.4. Coconut
7.5. Fruits
7.6. Others
8. By Ingredients
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredients
8.1.2. Market Attractiveness Index, By Ingredients
8.2. Vitamins
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Antioxidants
8.4. Electrolytes
8.5. Sweeteners
8.6. Others
9. By Category
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Category
9.1.2. Market Attractiveness Index, By Category
9.2. Sugar-Free
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Conventional
10. By Product
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
10.1.2. Market Attractiveness Index, By Product
10.2. Flavored Drops
10.2.1. Introduction
10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3. Powder
10.4. Liquid
11. By Type
11.1. Introduction
11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.1.2. Market Attractiveness Index, By Type
11.2. Nutritional
11.2.1. Introduction
11.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
11.3. Non-Nutritional
11.4. Flavored
11.5. Enhanced
12. By Flavor
12.1. Introduction
12.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Flavor
12.1.2. Market Attractiveness Index, By Flavor
12.2. Fruit
12.2.1. Introduction
12.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
12.3. Tea & Coffee
12.4. Others
13. By Sales Channel
13.1. Introduction
13.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Sales Channel
13.1.2. Market Attractiveness Index, By Sales Channel
13.2. Offline Sales Channel
13.2.1. Introduction
13.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
13.2.3. Supermarkets/Hypermarkets
13.2.4. Departmental Stores
13.2.5. Convenience Store
13.2.6. Others
13.3. Online Sales Channel
13.3.1. Company Website
13.3.2. E-commerce Platform
14. By Application
14.1.1. Introduction
14.1.2. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
14.1.3. Market Attractiveness Index, By Application
14.2. Residential
14.2.1. Introduction
14.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
14.3. Commercial
15. By End-User
15.1.1. Introduction
15.1.2. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
15.1.3. Market Attractiveness Index, By End-User
15.2. Children
15.2.1. Introduction
15.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
15.3. Adult
15.4. Elderly
15.5. Fitness Enthusiasts
15.6. Pregnant Women
15.7. Others
16. By Region
16.1. Introduction
16.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
16.1.2. Market Attractiveness Index, By Region
16.2. North America
16.2.1. Introduction
16.2.2. Key Region-Specific Dynamics
16.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source
16.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredients
16.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Category
16.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
16.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
16.2.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Flavor
16.2.9. Market Size Analysis and Y-o-Y Growth Analysis (%), By Sales Channel
16.2.10. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
16.2.11. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
16.2.12. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
16.2.12.1. U.S.
16.2.12.2. Canada
16.2.12.3. Mexico
16.3. Europe
16.3.1. Introduction
16.3.2. Key Region-Specific Dynamics
16.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source
16.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredients
16.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Category
16.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
16.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
16.3.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Flavor
16.3.9. Market Size Analysis and Y-o-Y Growth Analysis (%), By Sales Channel
16.3.10. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
16.3.11. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
16.3.12. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
16.3.12.1. Germany
16.3.12.2. U.K.
16.3.12.3. France
16.3.12.4. Italy
16.3.12.5. Spain
16.3.12.6. Rest of Europe
16.4. South America
16.4.1. Introduction
16.4.2. Key Region-Specific Dynamics
16.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source
16.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredients
16.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Category
16.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
16.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
16.4.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Flavor
16.4.9. Market Size Analysis and Y-o-Y Growth Analysis (%), By Sales Channel
16.4.10. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
16.4.11. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
16.4.12. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
16.4.12.1. Brazil
16.4.12.2. Argentina
16.4.12.3. Rest of South America
16.5. Asia-Pacific
16.5.1. Introduction
16.5.2. Key Region-Specific Dynamics
16.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source
16.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredients
16.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Category
16.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
16.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
16.5.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Flavor
16.5.9. Market Size Analysis and Y-o-Y Growth Analysis (%), By Sales Channel
16.5.10. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
16.5.11. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
16.5.12. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
16.5.12.1. China
16.5.12.2. India
16.5.12.3. Japan
16.5.12.4. Australia
16.5.12.5. Rest of Asia-Pacific
16.6. Middle East and Africa
16.6.1. Introduction
16.6.2. Key Region-Specific Dynamics
16.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source
16.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredients
16.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Category
16.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
16.6.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
16.6.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Flavor
16.6.9. Market Size Analysis and Y-o-Y Growth Analysis (%), By Sales Channel
16.6.10. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
16.6.11. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
17. Competitive Landscape
17.1. Competitive Scenario
17.2. Market Positioning/Share Analysis
17.3. Mergers and Acquisitions Analysis
18. Competitive Landscape
18.1. Competitive Scenario
18.2. Market Positioning/Share Analysis
18.3. Mergers and Acquisitions Analysis
19. Company Profiles
19.1. Pepsico Inc.
19.1.1. Company Overview
19.1.2. Product Portfolio and Description
19.1.3. Financial Overview
19.1.4. Key Developments
19.2. Nestle S.A.
19.3. Coco-Cola Company
19.4. Dyla LLC
19.5. Keurig Dr Pepper
19.6. Beyond Water
19.7. Abchiale Technologies
19.8. Sweet Leaf
19.9. Koninklijke DSM N.V.
19.10. Ocean Beverages
LIST NOT EXHAUSTIVE
20. Appendix
20.1. About Us and Services
20.2. Contact Us

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