(Entertainment-NewsWire.com, July 03, 2017 ) Market Data Forecast recently published a report on the North America Water Enhancers Market which estimates the market to grow from USD 455.4 million from 2016 to USD 779.3 million by 2021 with a high CAGR of 11.9%.
A shift is observed among consumers from carbonated drinks to different forms of bottled water. Market players are making efforts to make plain water interesting and at the same time providing hydration with zero or low calories. Increase in demand of product has resulted into launch of new different flavoured products.
Major factors driving the water enhancers market are convenience related to product, ease of access and better health status. Moreover, small convenient packaging and on the go nature of product are also fuelling the growth of the market. Few restraints for the market are safety concerns associated with intake and lack of awareness among consumers.
The driving factors for the growth of this market are increasing demand of beverages, shift from aerated drinks due to health consciousness and easy availability. Also small convenient packaging and on the go nature of product are also fuelling the growth of the market. The products are segmented based on Active ingredients, source type, and product type and are studied for a deep-level understanding of the Water Enhancers Market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Segmentation By Active Ingredients : Vitamins Electrolytes Sweeteners Anti-oxidants Other Ingredients By Source Type: Fruits Vegetables Tea and Coffee Coconut water. By Product Type : Flavored drops Energy drops Fitness and workout drops.
Geographically, North America market America North America Water Enhancers Market is segmented into U.S. and Canada. USA leads the market in the region while Canada is estimated to grow at highest rate
Some of the major companies in the market include Arizona Beverages USA, The Coca-Cola Company, PepsiCo, Nestle and Kraft foods. Coca Cola launched 2 new products named PowerAde Sports Drops and Pump Drops
Scope of the North America Water Enhancers Market: Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region To detect major focus areas of industrial growth Segment-level analysis on basis of product on Active Ingredients, Product type, Source type along with market size forecasts and y-o-y estimations are provided Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics PESTLE and Porters Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few. An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
About Market Data Forecast: The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the clients research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well.
