Protein Water Market Size, Share & Trends Analysis Report By Product (Flavored, Unflavored), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Online), By Region, And Segment Forecasts, 2024 - 2030
Protein Water Market Size, Share & Trends Analysis Report By Product (Flavored, Unflavored), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Online), By Region, And Segment Forecasts, 2024 - 2030
Protein Water Market Growth & Trends
The global protein water market size is expected to reach USD 1.38 billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing a surge in popularity driven by the latest trends in health and wellness. Consumers are increasingly turning to protein water as a convenient and functional beverage choice to support their active lifestyles.
Companies are pushing the boundaries with innovative flavor profiles to cater to diverse consumer preferences. Varieties such as exotic fruits, botanical infusions, and unique flavor combinations are captivating the market and attracting consumers seeking refreshing and enjoyable beverage experiences.
In line with these trends, prominent brands such as Protein2o are introducing protein water variants infused with functional ingredients like adaptogens and vitamin blends, catering to the evolving consumer preferences for wellness-enhancing beverages. Furthermore, collaborations between protein water brands and fitness events, such as the partnership between The Vita Coco Company's PWR LIFT brand and DEKA FIT races, are amplifying brand presence and promoting protein water as a go-to choice for post-workout hydration and recovery needs.
Warrior brand, owned by KBF Enterprises, introduced Warrior Protein Water in January 2024. Expanding on the success of its high-protein bars and supplements, Warrior launched a new beverage that combines hydration with a high protein content, featuring 10g of collagen peptides for additional benefits to skin, hair, and nails. The drink is offered in refreshing flavors like Tropical and Berry and is free from sugars and GMOs, catering to the preferences of both vegetarians and vegans. The nutraceutical drinks market is expected to grow further as brands continue to innovate in response to consumers' quest for convenient, healthy, and effective dietary solutions.
Protein Water Market Report Highlights
Based on product, flavored protein water accounted for a market share of over 82% of the global revenues in 2023. The enticing fruit flavors and use of natural ingredients in these drinks align with the changing tastes of health-focused consumers, contributing to the growing popularity of these products. Flavors play a pivotal role in elevating the attractiveness of protein water as a delicious and invigorating option while also delivering vital nutrients for a well-rounded and healthy lifestyle
Based on distribution channel, the online segment is anticipated to grow at a CAGR of 9.9% from 2024 to 2030. The surge in demand is primarily propelled by the convenience of online shopping, providing consumers with access to a diverse range of products from the convenience of their homes. This resonates with busy lifestyles and the growing inclination towards e-commerce
The North American protein water market is expected to grow at a CAGR of 8.4% from 2024 to 2030. More people caring about their health mainly drive the market in the region. They want drinks that give extra health benefits, not just basic nutrition
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