The report presents a comprehensive overview of industry trends, growth share and the competitive landscape in 200 pages.
“Alternative Waters Market” report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Alternative Waters Market by region.
Global Alternative waters (Plant based waters) Market is valued at approximately USD 5.97 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 19% over the forecast period 2022-2029.
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Plant-based alternative water also known as infused water is water extracted from different types of plant-based sources. Plant based water is extracted through different techniques from a wide range of plants such as Coconut, Aloe Vera, Cactus Water, Birch Water, and Maple Water among others. Plant based water offers various health benefits, Coconut water is considered rich in calcium, vitamin C, magnesium, and amino acids. Moreover, Birch and Maple Water are rich in vitamin B2, calcium, potassium, and manganese. The application of plant-based water improves the digestive system, promotes weight loss, and works as a natural deodorizer for the human body. The increasing consumption of plant-based drinks and rising number of health conscious individuals as well as strategic initiatives from leading market players are key factors accelerating the market growth.
The increasing demand for plant-based drinks is a key factor contributing to the growth of the Global Alternative waters (Plant based waters) Market. For instance, according to Good Food Institute (GFI)’s estimates – in 2019, the sales of Plant-based ready-to-drink beverage in the United States was valued at USD 122 million, and the sales further increased to USD 137 million in 2020. Moreover, in 2020 more than 41 million units of plant-based ready-to-drink beverages were sold in the USA. Also, growing prevalence of lifestyle diseases and rising emergence of online distribution platforms would create a lucrative growth prospectus for the market over the forecast period. However, the high cost associated with plant-based waters and availability of alternative beverages hinder the global market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Alternative waters (Plant based waters) Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of global market share owing to increasing demand for plant-based beverages as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow at the highest CAGR during the forecast period, owing to factors such as rising number of health-conscious individuals, growing penetration of quick-service restaurants, and increasing incidences of lifestyle diseases in the region.
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Major market players included in this report are:
- The Coca Cola Company
- PepsiCo Inc
- Oviva
- All Market
- Caliwater
- Wtrmln Wtr
- ARTY Water
- Sibberi Tree Water
- Happy Tree Maple Water
- Harmless Harvest
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product Type
Coconut Water
Maple Water
Birch Water
Other
By Application
Flavored
Natural
Distribution Channel
Offline Retail
Online Stores
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market:The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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