North America Spring Water Market Size, Share & Industry Trends Analysis Report By Packaging Type (Bottled and Canned), By Distribution Channel (Specialty Stores, Hypermarkets/Supermarkets and Online Retail), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Spring Water Market would witness market growth of 7.5% CAGR during the forecast period (2022-2028).
Drinking natural spring water maintains an even pH balance, if not one that is slightly alkaline, like that of tap, sea, and river water, which is necessary for the body and its systems to operate at their peak performance. Any excess acidity in the body will be outweighed and balanced by these advantageous nutrients.
The mineral calcium is among the most common in the human body. Natural spring water, which is well known for its beneficial effects on bones and teeth, has been shown to enhance calcium intake whilst regulating heart rate and rhythm. The overall structure and operation of the body depend on the mineral magnesium. It is crucial for controlling glucose levels, blood pressure, and supporting the nervous system.
pH, which stands for the power of hydrogen, ranges from 1 to 14, with 7 being optimal or neutral. According to most health professionals, the pH balance is crucial for maintaining health. People are often overly acidic, meaning they fall between 1 and 6 on the scale. By consuming more spring water, one may restore the body's energy and balance a too-acidic system, which aids in the harmony of all other physiological systems.
The marketing and manufacturing of bottled water products in the US are controlled by the Food & Drug Administration. Underneath the federal food, drug, and cosmetic act, the FDA has established specific requirements that the companies that provide bottled water must meet. The FDA has established several regulations, such as the standard of identity (requirements that define categories of bottled water), the standard of quality (requirements setting maximum levels of contaminants), and current good manufacturing practice (regulations arising from the need to ensure that bottled water is produced safely and hygienically), which would help to improve the quality of bottled water that is currently on the market.
The US market dominated the North America Spring Water Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $75,972.8 million by 2028. The Canada market is poised to grow at a CAGR of 10% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9% during (2022 - 2028).
Based on Packaging Type, the market is segmented into Bottled and Canned. Based on Distribution Channel, the market is segmented into Specialty Stores, Hypermarkets/Supermarkets and Online Retail. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Spring Water Market is Predict to reach $347.2 Billion by 2028, at a CAGR of 7.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., Nestle S.A., Tata Consumer Products Limited (Tata Group), The Coca-Cola Company, Mountain Valley Spring Company, LLC (Primo Water Corporation), Keurig Dr Pepper Inc, Orient Beverages Limited, TEN Spring Water, 3 Springs Water Company LLC, and Gerolsteiner Brunnen GmbH & Co KG.
Scope of the Study
Market Segments Covered in the Report:
By Packaging Type
- Bottled
- Canned
By Distribution Channel
- Specialty Stores
- Hypermarkets/Supermarkets
- Online Retail
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- PepsiCo, Inc.
- Nestle S.A.
- Tata Consumer Products Limited (Tata Group)
- The Coca-Cola Company
- Mountain Valley Spring Company, LLC (Primo Water Corporation)
- Keurig Dr Pepper Inc
- Orient Beverages Limited
- TEN Spring Water
- 3 Springs Water Company LLC
- Gerolsteiner Brunnen GmbH & Co KG
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