Global Plant-based Water Market 2024-2028
The plant-based water market is forecasted to grow by USD 12764.03 mn during 2023-2028, accelerating at a CAGR of 19.64% during the forecast period. The report on the plant-based water market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by new product launches, marketing initiatives to promote plant-based water, and packaging innovations.
Technavio's plant-based water market is segmented as below:
By Distribution Channel
By Product Type
- Coconut water
- Maple water
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the rising demand for organic plant-based water as one of the prime reasons driving the plant-based water market growth during the next few years. Also, preference for sparkling plant-based water varieties and growing popularity of plant-based water in foodservice sector will lead to sizable demand in the market.
The report on the plant-based water market covers the following areas:
- Plant-based water market sizing
- Plant-based water market forecast
- Plant-based water market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plant-based water market vendors that include Alibi, AquaBotanical Water, Caliwater LLC, Danone SA, Drink Simple, DuPont de Nemours Inc., Forager Project, Genius Juice, Glanbia plc, HappyTree Maple Water, Harmless Harvest Inc., Maple 3, Nestle SA, Nordic Koivu Ltd., Rebel Kitchen, Steaz, SunOpta Inc., Tetra Pak Group, The Coca Cola Co., and The Vita Coco Co. Inc.. Also, the plant-based water market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.