Market Size of Australia Water Enhancer Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.30 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Australia Water Enhancer Market Analysis
Australia water enhancer market is projected to grow at a CAGR of 6.3% during the forecast period (2020 - 2025).
- The Australian market is a highly developed market and is projected to hold a major market for water enhancers in the coming years.
- In Australia, from working professionals to sports enthusiasts and students, the market for functional drinks is growing in the country. Individuals are increasingly buying energy drinks that contain caffeine as these carry a 'youthful and fresh image'. Thus, catering the market for water enhancer in the country.
- The water enhancer market is largely dominated by foreign players and the demand for electrolyte compensation through drinks is expected to drive the sales, as more people incline towards fitness activities in the country.
