Market Size of Canada Water Enhancer Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.27 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Canada Water Enhancer Market Analysis
The Canada water enhancer market is anticipated to witness a CAGR of 5.27% during the forecast period (2020 - 2025).
- A considerable Canadian population is suffering from obesity due to hectic work schedules and on the go lifestyle. Thus, in order to compensate for the nutritional losses, the market of water enhancers is likely to witness progress in the near future.
- Water enhancers with energy-boosting qualities are becoming an increasingly common trend in Canadian retail. In general, the product offerings in smaller pack sizes provide handling and usage convenience to the consumers, add value for retailers in terms of value by shelf space, and add margins to the manufacturers, and are, therefore, in heavy demand.
- The shift of consumers to healthier consumption habits has inclined their interest in non-carbonated beverages over the carbonated ones, which is likely to foster market growth.
