North America Enhanced Water Market By Product (Flavored and Plain), By Distribution Channel (Offline and Online), By Country, Growth Potential, Industry Analysis Report and Forecast, 2020 - 2026
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Market Report Description
The North America Enhanced Water Market would witness market growth of 12.7% CAGR during the forecast period (2020-2026). Enhanced water is rich in several minerals such as magnesium, potassium, & sodium that facilitate the iconic balance of the body.
In addition to it, carbohydrates are also present in various enhanced water products, which aid in refueling the body. Due to the increasing awareness about the harmful effect of dehydration on health, the growth of the enhanced water market would witness a boost in the next few years. These products are made of functional food ingredients, like plant-based ingredients, plant waters, and fruit & vegetable extracts. Different flavors such as aloe vera, artichoke, pressed lettuce, watermelon, maple, birch, cactus, sweet potato, and coconut contain plant-based water. The market would be fuelled by the increasing importance of hydration drinks among consumers on a worldwide scale.
Moreover, various innovative & unique products are launched in the market due to the high demand for healthy & contamination-free energy drinks. Leading players of the enhanced water market are increasingly introducing unique products that have herbal ingredients like milk thistle and other herbal extracts that aids in liver protection due to the increasing consumer interest for products made of herbal ingredients. With the increasing emphasis on herbal supplements, the industry players plan to include herbal extracts, like green tea extract, and Gotu Kala, in their end products with an aim to enhance blood circulation & promoting them in a proportion of sugar-free or gluten-free products.
The US market dominated the North America Plain Market by Country in 2019, and would continue to be a dominant market till 2026; growing at a CAGR of 12.3 % during the forecast period. The Canada market is experiencing a CAGR of 15.7% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 14.6% during (2020 - 2026).
Based on Product, the market is segmented into Flavored and Plain. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., The Coca Cola Company, Keurig Dr Pepper, Inc., Constellation Brands, Inc. (Karma Culture LLC), United Breweries Limited (Penta Water), H2rose, LLC, Just Goods, Inc., Montane Sparkling Spring Water, Hint Water, Inc., and Supplying Demand, Inc. (Liquid Death Mountain Water).
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- PepsiCo, Inc.
- The Coca Cola Company
- Keurig Dr Pepper, Inc.
- Constellation Brands, Inc. (Karma Culture LLC)
- United Breweries Limited (Penta Water)
- H2rose, LLC
- Just Goods, Inc.
- Montane Sparkling Spring Water
- Hint Water, Inc.
- Supplying Demand, Inc. (Liquid Death Mountain Water
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