Market Snapshot
| Study Period: | 2016 - 2026 |
| Base Year: | 2019 |
| CAGR: | 13.14 % |
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Market Overview
The North American water enhancer market is projected to record a CAGR of 13.14% during the forecast period 2020-2025.
- In the modern-day scenario of the retail market, concentrates have a wide variety of applications in end-user industries like bakery, confectionery, and nutrition. These products can be used ‘on the go’ and are being increasingly consumed by the consumers, owing to their enriched and nutritious profile.
- The packaging of the water enhancer product has been kept such, which fits in well with the consumer’s daily life since it is highly convenient to carry and can be generally used “on the go” and is able to acquire a place in the kitchen shelves as it is easy to store, owing to its small size and palm friendly size.
- Water enhancers are used along with still or sparkling water that is used by the people in need of instant hydration. Consumers are getting attracted to such products since they contain essential minerals and vitamins.
Scope of the report
The North American water enhancer market is segmented by distribution channel into pharmacy and health stores, convenience stores, hypermarkets/supermarkets, online channels, and other channels. The report also covers the analysis of major countries in the region.
| Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Convenience Stores | |
| Pharmacy and Health Stores | |
| Online Retail Stores | |
| Other Distribution Channels |
| Geography | |
| United States | |
| Canada | |
| Mexico | |
| Rest of North America |
Key Market Trends
Rising Innovations with Tempting Marketing Approaches by Manufacturers
Increasing health awareness among the population across the world, driven by the rising media penetration of media within the consumer’s market, has raised wellness concerns in the mainstream, resulting in consumers taking into account health considerations as part of their purchasing decisions. This is driving the growth of the water enhancer market with all healthy incorporated ingredients. Moreover, to fully capitalize on the growing opportunity within the water enhancer market, operating companies are constantly making efforts to offer consumers with innovations. The companies are introducing consumers with new and exciting flavors that could even provide them with convenient storage. Owing to the acceptability of new formulations, the market is experiencing growth and is expected to continue to exhibit growth.
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Convenient Packaging Fitting well within Consumer’s Desires
The water enhancer market is still in its nascent stage, but this highly competitive category has become crowded with palm-sized packages that led consumers to flavor their water using squeezable rigid containers to squirt flavoring. The attractive and convenient packaging gives a ‘fresh fruit feeling’ to the consumers and is being widely accepted by consumers all over. Apart from paying significant attention to the nutritious content of a food and beverage product, the consumer market is driven majorly by trends like personalization, convenience, and fast-paced life. Water enhancers were created specifically to match with such prevailing trends.
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Competitive Landscape
The North American water enhancer market is consolidated and is dominated by players, such as Kraft Foods, Coca-Cola, PepsiCo, and Nestle. The major companies, like Coca-Cola, adopt strategies, such as majorly strengthening their large manufacturing footprint, broad distribution network, substantial R&D capability, and high-level of quality and customer service.
Major Players
Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Distribution Channel
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5.1.1 Supermarkets/Hypermarkets
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5.1.2 Convenience Stores
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5.1.3 Pharmacy and Health Stores
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5.1.4 Online Retail Stores
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5.1.5 Other Distribution Channels
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5.2 Geography
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5.2.1 United States
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5.2.2 Canada
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5.2.3 Mexico
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5.2.4 Rest of North America
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 PepsiCo Inc.
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6.3.2 Nestle SA
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6.3.3 The Coca-Cola Company
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6.3.4 The Kraft Heinz Company
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6.3.5 Jel Sert
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6.3.6 SweetLeaf Stevia Sweetener
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6.3.7 Dyla LLC
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6.3.8 Nuun
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*List Not Exhaustive -
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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Frequently Asked Questions
What is the study period of this market?
The North America Water Enhancer Market market is studied from 2016 - 2026.
What is the growth rate of North America Water Enhancer Market?
The North America Water Enhancer Market is growing at a CAGR of 13.14% over the next 5 years.
Who are the key players in North America Water Enhancer Market?
PepsiCo Inc., Nestle S.A., The Coca-Cola Company, The Kraft Heinz Company are the major companies operating in North America Water Enhancer Market.
