North America Flavored Water Market Research Report Information Forecast to 2028- By (Carbonated and Still ), by Distribution Channel (Store-based and Non-store-based), By Country (US, Canada, and Mexico)
North America Flavored Water Market Research Report Information By (Carbonated and Still ), by Distribution Channel (Store-based and Non-store-based), By Country (US, Canada, and Mexico) Forecast to 2028
Flavored water is produced by infusing water with various herbs, vegetables, and fruits. The demand for this product is growing among the ready-to-drink (RTD) beverages category due to its various health benefits. North America flavored water market has observed a substantial CAGR of 7.34% over the last few years. Health-conscious consumers prefer flavored water over soft drinks, juices, and dairy-based beverages, which are rich in sugar and calories. Rapid growth of online sales platform and rising health awareness are the primary factors driving the growth of the market. North America flavored water market is highly fragmented with the presence of large and medium-sized players. To increase their market presence, these players are focusing on product innovation and innovative flavors.
Flavored water is carbonated or still water enriched with different flavors. The addition of flavors in drinking water has led to increased intake. Some of the popular flavors added to water are lemon, orange, mixed berry, and apple. These zero-to-low calorie beverages are also offered with added vitamins and minerals.
Flavored water is water infused with various flavors, especially fruits, vegetables, and herbs. The growth of North America flavored water market is driven by the rapid growth of online sales platform and rising health consciousness among consumers. However, the availability of various substitutes for flavored water is hampering the growth of the market. Product innovation and promotions and the rising demand for natural and clean-label beverages are expected to offer lucrative opportunities to market players in the coming years.
Market Segmentation
Based on type, North America flavored water market has been segmented into carbonated and still. The carbonated segment accounted for the larger market share of 56.36% in 2020 and is projected to register a 7.13% CAGR during the forecast period, while the still segment is expected to exhibit the higher CAGR of 7.61% during the review period.
Based on distribution channel, North America flavored water market has been segmented into store-based and non-store-based. The store-based segment accounted for a larger market share of 79.19% in 2020 and is projected to register a 7.14% CAGR during the forecast period, while the non-store-based segment is expected to exhibit a higher CAGR of 8.07% during the review period.
North America flavored water market has been segmented, based on country, into US, Canada, and Mexico.
Major Players
PepsiCo. Inc. (US), The Coca-Cola Company (US), Nestlé S.A. (Switzerland), Keurig Dr Pepper (US), Polar Beverages (US), Crystal Geyser Water Company (US), Danone S.A. (France), Hint Inc. (US), The Kraft Heinz Company (US), and Talking Rain Beverage Company (US) are the major companies in this market.
1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 North America Flavored Water Market, By Type
1.1.2 North America Flavored Water Market, By Distribution Channel
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
2.5 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
3.6 List Of Assumptions & Limitations
4 Market Insights
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Rising Health Consciousness
5.2.2 Rapid Growth Of Online Sales Platforms
5.2.3 Drivers Impact Analysis
5.3 Restraint
5.3.1 Availability Of Substitutes
5.3.2 Restraints Impact Analysis
5.4 Opportunities
5.4.1 Product Innovation And Promotions
5.4.2 Rising Demand For Natural And Clean-label Beverages
6 Market Factor Analysis
6.1 Value Chain Analysis
6.1.1 Raw Material Procurement
6.1.2 Processing
6.1.3 Packaging
6.2 Supply Chain Analysis
6.3 Porter’s Five Forces Model
6.3.1 Threat Of New Entrants
6.3.2 Bargaining Power Of Suppliers
6.3.3 Bargaining Power Of Buyers
6.3.4 Threat Of Substitutes
6.3.5 Intensity Of Rivalry
6.4 Impact Of Covid-19 Outbreak On North America Flavored Water Market
6.4.1 Impact On Supply Chain
6.4.2 Impact On Consumer Buying Behavior
6.4.3 Impact On Price
6.4.4 Impact On Retail Sales (Store-based Vs. Non-store-based)
7 North America Flavored Water Market, By Type
7.1 Overview
7.1.1 North America Flavored Water Market Estimates & Forecast, By Type, 2019–2028
7.2 Carbonated
7.2.1 Carbonated: Market Estimates & Forecast, By Country, 2019–2028
7.3 Still
7.3.1 Still: Market Estimates & Forecast, By Country, 2019–2028
8 North America Flavored Water Market, By Distribution Channel
8.1 Overview
8.1.1 North America Flavored Water Market Estimates & Forecast, By Distribution Channel,
2019–2028
8.2 Store-based
8.2.1 Store-based: Market Estimates & Forecast, By Country, 2019–2028
8.3 Non-store-based
8.3.1 Non-store-based: Market Estimates & Forecast, By Country, 2019–2028
9 North America Flavored Water Market, By Country
9.1 Overview
9.2 Us
9.3 Canada
9.4 Mexico
10 Competitive Landscape
10.1 Introduction
10.2 Competitive Benchmarking
10.3 Key Developments & Growth Strategies
10.3.1 Product Launches
10.3.2 Mergers & Acquisitions
10.3.3 Agreement
11 Company Profiles
11.1 Pepsico, Inc
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products Offered
11.1.4 Key Developments
11.1.5 Swot Analysis
11.1.6 Key Strategies
11.2 The Coca-cola Company
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Products Offered
11.2.4 Key Developments
11.2.5 Swot Analysis
11.2.6 Key Strategies
11.3 Crystal Geyser Water Company
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Products Offered
11.3.4 Key Developments
11.3.5 Swot Analysis
11.3.6 Key Strategies
11.4 Hint Inc.
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Products Offered
11.4.4 Key Developments
11.4.5 Swot Analysis
11.4.6 Key Strategies
11.5 Nestlé S.A.
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Products Offered
11.5.4 Key Developments
11.5.5 Swot Analysis
11.5.6 Key Strategies
11.6 The Kraft Heinz Company
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Products Offered
11.6.4 Key Developments
11.6.5 Swot Analysis
11.6.6 Key Strategies
11.7 Danone S.A.
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Products Offered
11.7.4 Key Developments
11.7.5 Swot Analysis
11.7.6 Key Strategies
11.8 Keurig Dr Pepper
11.8.1 Company Overview
11.8.2 Financial Overview
11.8.3 Products Offered
11.8.4 Key Developments
11.8.5 Swot Analysis
11.8.6 Key Strategies
11.9 Talking Rain Beverage Company
11.9.1 Company Overview
11.9.2 Financial Overview
11.9.3 Products Offered
11.9.4 Key Developments
11.9.5 Swot Analysis
11.9.6 Key Strategies
11.10 Polar Beverages
11.10.1 Company Overview
11.10.2 Financial Overview
11.10.3 Products Offered
11.10.4 Key Developments
11.10.5 Swot Analysis
11.10.6 Key Strategies
12 References
List Of Tables
Table 1 Primary Interviews
Table 2 List Of Assumptions & Limitations
Table 3 North America Flavored Water Market Estimates & Forecast, By Type, 2019–2028 (Usd Million)