"Asia Pacific Flavored Water Market: Global Size, Share, and Type Forecast 2021-2028"
Asia
Pacific Flavored Water Market Outlook
Carbonated
segment accounted for the larger market share in 2018, this market is expected
to reach usd 3339.30 million in 2025 from usd 1951.80 million in 2018. this
market is projected to grow at a cagr of 8.00% during the forecast period from
2019 - 2025. however, still segment is the fastest growing market, which is
expected to grow at a cagr of 8.25% during the forecast period 2019 - 2025.
v Increasing consumer awareness of the
health benefits of flavored water
v Growing demand for natural and
organic products
v Rising disposable incomes
v Increasing availability of flavored
water products
Market
Segmentation:
The Asia
Pacific flavored water market is segmented by type into:
v Still flavored water
v Carbonated flavored water
Still
flavored water is the largest segment of the market, accounting for over 60% of
the market share in 2023. This is due to the fact that still flavored water is
perceived as being healthier than carbonated flavored water.
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Personalized
nutrition is a growing trend in the Asia Pacific flavored water market, as
consumers are increasingly looking for nutrition solutions that are tailored to
their individual needs. This is driving the demand for flavored water products
that are designed to address specific health concerns, such as weight loss,
heart health, and cognitive function.
Plant-based
flavors are also becoming increasingly popular in the Asia Pacific flavored
water market, as consumers are looking for natural and sustainable ways to
improve their health. Some popular plant-based flavors include cucumber,
watermelon, and lemon.
E-commerce
is becoming an increasingly important distribution channel for flavored water
products in the Asia Pacific region. Consumers are finding it convenient and
affordable to purchase flavored water products online. Additionally, e-commerce
retailers offer a wider range of products to choose from than traditional
brick-and-mortar retailers.
Market
Challenges:
Strict
government regulations govern the production and sale of flavored water
products in the Asia Pacific region. These regulations can be complex and
time-consuming to comply with, which can increase the cost of doing business
for manufacturers and retailers.
Concerns
about product quality and safety have also been raised in the Asia Pacific
flavored water market. For example, some flavored water products may contain
artificial sweeteners or other ingredients that are harmful to consumers.
Competition
from other beverage products, such as soft drinks, juices, and energy drinks,
is also a challenge for the Asia Pacific flavored water market. These products
often have a stronger brand presence and more marketing support than flavored
water products.
Market
Outlook:
The Asia
Pacific flavored water market is expected to grow significantly in the coming
years. The increasing consumer awareness of the health benefits of flavored
water, the growing demand for natural and organic products, rising disposable
incomes, and increasing availability of flavored water products are all driving
the growth of the market.
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Key
Players:
PepsiCo, Coca-Cola,
Danone, Nestlé, Suntory, Ito En, Kirin Holdings,
Asahi Group Holdings, Lotte Chilsung Beverage ,Nonfood Spring, Wahaha Group, Yakult Honsha
These
companies offer a wide range of flavored water products, including still
flavored water, carbonated flavored water, and flavored water products with
specific health benefits.
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Research and Media Pvt. Ltd.
+1 (646) 845 9349 (US) , +44 208 133 9349 (UK)
Website: https://www.wantstats.com/
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