The Latin America, Middle East and Africa Bottled Water Market would witness market growth of 15.1% CAGR during the forecast period (2020-2026). The purified water is processed with different flavors, fortified, and infused with carbon dioxide to make it more attractive. Nowadays, People are becoming more health-conscious due to the increasing occurrences of diseases caused by contaminated water consumption. This factor is directly boosting the growth of the market across the globe.
Bottled water is considered as packaged drinking water which contains purified and contamination-free water. It is available in different forms of packaging such as plastic and glass water bottles. It is very important to keep the body hydrated and the bottles waters are now easily accessible through nearby retail outlets. The market of bottled water is largely driven by the increasing healthcare awareness about waterborne diseases like diarrhoea, food poisoning, typhoid, and others.
Many restaurants have started offering premium bottled water, which is also highly accepted in countries like Brazil. This is likely to boost the demand for premium bottled water over the forecast years. Bottled water manufacturers have introduced new products with health benefits and various flavors. These new products have functional benefits, convenience, and better taste offered to the consumers.
Based on Product, the market is segmented into purified water, mineral water, spring water, sparkling water, distilled water, and other products. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Bottled Water Market in LAMEA is expected to register a CAGR of 15.1% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A., PepsiCo, Inc., The Coca Cola Company, Danone S.A., Primo Water Corporation, Otsuka Pharmaceutical Co., Ltd., VOSS of Norway AS (Reignwood Group), Gerolsteiner Brunnen GmbH & Co. KG, Bisleri International Pvt. Ltd., and FIJI Water Company LLC.
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