The North America Flavored Water Market would witness market growth of 7.4% CAGR during the forecast period (2021-2027).
Flavored waters can be a healthy inclusion to your cooler or fridge. The majority of the people prefer them over soft drinks and other sugary beverages, which frequently pack excess calories and minimum to no nutritional value. Based on the type, flavored waters can be refreshing and hydrating without contributing to undesirable weight gain. Some of the varieties claim to have useful antioxidants from plant extracts and fruit juices.
Consumers, particularly the young generation and Generation Z, in well-established countries like the U.S. are willing to spend more on products like flavored water. There is a growing trend of low-carb, zero-calorie, and zero-sugar content beverages across the world, which is creating lucrative growth opportunities for the market. Berry and citrus flavors are getting highly popular because of their health benefits and refreshing tastes.
Presently, there is a massive growth of the companies operating in the North American region due to the high demand for flavored beverages in the countries of the region, particularly U.S. Sales of functional drinks have already exceeded to that of carbonated drinks in the country, thereby motivating the regional players to expand their functional offerings.
There has been a significant transformation in the beverage industry due to the increasing demand for functional water in North America. Many new players are entering the regional market with an aim to capture the massive growth opportunities and provide a functional hydration experience to consumers. Due to this, new as well as well-established players are highly focusing on creating compositions of beverages to attract consumers in favor of buying it. Moreover, increasing the disposable income of the consumers in this region will increase their purchasing power for non-essential goods. Therefore, consumers are more likely to buy these products due to their large number of benefits.
The US market dominated the North America Online Market by Country in 2020, thereby, achieving a market value of $1,004.1 million by 2027. The Canada market is experiencing a CAGR of 11.4% during 2021-2027. Additionally, The Mexico market would witness a CAGR of 10.4% during 2021-2027.
Based on Distribution Channels, the market is segmented into Supermarkets & Hypermarket, Convenience Stores, Online and Other Channels. Based on Product, the market is segmented into Sparkling and Still. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Flavored Water Market is Estimated to Reach USD 24.9 Billion by 2027 at a CAGR of 8.1%
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, Otsuka Pharmaceutical Co., Ltd. (Crystal Geyser Water Company), Hint Water, Inc., Nestle S.A., The Kraft Heinz Company, Danone S.A., Keurig Dr Pepper, Inc., Polar Beverages, Inc., and Talking Rain Beverage Company.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channels
- Supermarkets & Hypermarket
- Convenience Stores
- Online
- Other Channels
By Product
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- PepsiCo, Inc.
- The Coca Cola Company
- Otsuka Pharmaceutical Co., Ltd. (Crystal Geyser Water Company)
- Hint Water, Inc.
- Nestle S.A.
- The Kraft Heinz Company
- Danone S.A.
- Keurig Dr Pepper, Inc.
- Polar Beverages, Inc.
- Talking Rain Beverage Company
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Flavored Water Market, by Distribution Channels
1.4.2 North America Flavored Water Market, by Product
1.4.3 North America Flavored Water Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Apr – 2021, May) Leading Players
Chapter 4. North America Flavored Water Market by Distribution Channels
4.1 North America Supermarkets & Hypermarket Market by Country
4.2 North America Convenience Stores Market by Country
4.3 North America Online Market by Country
4.4 North America Other Channels Market by Country
Chapter 5. North America Flavored Water Market by Product
5.1 North America Sparkling Market by Country
5.2 North America Still Market by Country
Chapter 6. North America Flavored Water Market by Country
6.1 US Flavored Water Market
6.1.1 US Flavored Water Market by Distribution Channels
6.1.2 US Flavored Water Market by Product
6.2 Canada Flavored Water Market
6.2.1 Canada Flavored Water Market by Distribution Channels
6.2.2 Canada Flavored Water Market by Product
6.3 Mexico Flavored Water Market
6.3.1 Mexico Flavored Water Market by Distribution Channels
6.3.2 Mexico Flavored Water Market by Product
6.4 Rest of North America Flavored Water Market
6.4.1 Rest of North America Flavored Water Market by Distribution Channels
6.4.2 Rest of North America Flavored Water Market by Product
Chapter 7. Company Profiles
7.1 PepsiCo, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.1.5.3 Acquisition and Mergers:
7.2 The Coca Cola Company
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Product Launches and Product Expansions:
7.2.4.2 Acquisition and Mergers:
7.3 Otsuka Pharmaceutical Co., Ltd. (Crystal Geyser Water Company)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 Hint Water, Inc.
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 Nestle S.A.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.5.2 Acquisition and Mergers:
7.6 The Kraft Heinz Company
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.7 Danone S.A.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.7.5.3 Acquisition and Mergers:
7.8 Keurig Dr Pepper, Inc.
7.8.1 Company overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Product Launches and Product Expansions:
7.8.5.3 Acquisition and Mergers:
7.9 Polar Beverages, Inc.
7.9.1 Company Overview
7.10. Talking Rain Beverage Company
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Product Launches and Product Expansions:
TABLE 1 North America Flavored Water Market, 2017 - 2020, USD Million
TABLE 2 North America Flavored Water Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Flavored Water Market
TABLE 4 Product Launches and Product Expansions– Flavored Water Market
TABLE 5 Acquisition and Mergers– Flavored Water Market
TABLE 6 North America Flavored Water Market by Distribution Channels, 2017 - 2020, USD Million
TABLE 7 North America Flavored Water Market by Distribution Channels, 2021 - 2027, USD Million
TABLE 8 North America Supermarkets & Hypermarket Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Supermarkets & Hypermarket Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Convenience Stores Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Convenience Stores Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Online Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Online Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Other Channels Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Other Channels Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Flavored Water Market by Product, 2017 - 2020, USD Million
TABLE 17 North America Flavored Water Market by Product, 2021 - 2027, USD Million
TABLE 18 North America Sparkling Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Sparkling Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Still Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Still Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Flavored Water Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Flavored Water Market by Country, 2021 - 2027, USD Million
TABLE 24 US Flavored Water Market, 2017 - 2020, USD Million
TABLE 25 US Flavored Water Market, 2021 - 2027, USD Million
TABLE 26 US Flavored Water Market by Distribution Channels, 2017 - 2020, USD Million
TABLE 27 US Flavored Water Market by Distribution Channels, 2021 - 2027, USD Million
TABLE 28 US Flavored Water Market by Product, 2017 - 2020, USD Million
TABLE 29 US Flavored Water Market by Product, 2021 - 2027, USD Million
TABLE 30 Canada Flavored Water Market, 2017 - 2020, USD Million
TABLE 31 Canada Flavored Water Market, 2021 - 2027, USD Million
TABLE 32 Canada Flavored Water Market by Distribution Channels, 2017 - 2020, USD Million
TABLE 33 Canada Flavored Water Market by Distribution Channels, 2021 - 2027, USD Million
TABLE 34 Canada Flavored Water Market by Product, 2017 - 2020, USD Million
TABLE 35 Canada Flavored Water Market by Product, 2021 - 2027, USD Million
TABLE 36 Mexico Flavored Water Market, 2017 - 2020, USD Million
TABLE 37 Mexico Flavored Water Market, 2021 - 2027, USD Million
TABLE 38 Mexico Flavored Water Market by Distribution Channels, 2017 - 2020, USD Million
TABLE 39 Mexico Flavored Water Market by Distribution Channels, 2021 - 2027, USD Million
TABLE 40 Mexico Flavored Water Market by Product, 2017 - 2020, USD Million
TABLE 41 Mexico Flavored Water Market by Product, 2021 - 2027, USD Million
TABLE 42 Rest of North America Flavored Water Market, 2017 - 2020, USD Million
TABLE 43 Rest of North America Flavored Water Market, 2021 - 2027, USD Million
TABLE 44 Rest of North America Flavored Water Market by Distribution Channels, 2017 - 2020, USD Million
TABLE 45 Rest of North America Flavored Water Market by Distribution Channels, 2021 - 2027, USD Million
TABLE 46 Rest of North America Flavored Water Market by Product, 2017 - 2020, USD Million
TABLE 47 Rest of North America Flavored Water Market by Product, 2021 - 2027, USD Million
TABLE 48 key information – PepsiCo, Inc.
TABLE 49 key information – The Coca Cola Company
TABLE 50 key information – Otsuka Pharmaceutical Co., Ltd.
TABLE 51 key Information – Hint Water, Inc.
TABLE 52 Key Information – Nestle S.A.
TABLE 53 Key Information – The Kraft Heinz Company
TABLE 54 Key information – Danone S.A.
TABLE 55 Key Information – Keurig Dr Pepper, Inc.
TABLE 56 Key Information – Polar Beverages, Inc.
TABLE 57 Key Information – Talking Rain Beverage Company
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2017, Apr – 2021, May) Leading Players
FIG 5 Recent strategies and developments: PepsiCo, Inc.
FIG 6 Recent strategies and developments: The Coca Cola Company
FIG 7 Recent strategies and developments: Nestle S.A.
FIG 8 Recent strategies and developments: Danone S.A.
FIG 9 Recent strategies and developments: Keurig Dr Pepper, Inc.
FIG 10 Recent strategies and developments: Talking Rain Beverage Company