Market Size of Mexico Water Enhancer Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.21 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Mexico Water Enhancer Market Analysis
The Mexico water enhancer market is anticipated to witness a CAGR of 5.21% during the forecast period (2020 - 2025).
- Similar to the United States, a considerable portion of the Mexican population is swaying to healthier food and drinks. Thus, to compensate for the nutritional losses due to the transforming lifestyles of the Mexicans, 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 online retail. In general, the product offerings in smaller pack sizes provide handling and usage convenience to the consumers, and, therefore, there is a heavy demand. The small packs add value for retailers in terms of shelf space, increasing margins to the manufacturers, further promoting the sales of water enhancers.
- 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 the market growth in the country.
