Flavored Water Industry Statistics

In this post, we delve into the latest statistics and trends shaping the global flavored water industry. From the market size and growth projections to regional insights and key players, we explore the dynamic landscape of flavored water consumption and production. Stay tuned to gain valuable insights into this thriving sector.

Statistic 1

"The global flavored water market size was valued at USD 27.9 billion in 2020."

Statistic 2

"The industry is expected to expand at a compound annual growth rate (CAGR) of 7.2% from 2021 to 2028."

Statistic 3

"The flavored water market in North America was worth $6.8 billion in 2018."

Statistic 4

"Plant-based flavored water is expected to expand at the fastest CAGR of 8.1% from 2021 to 2028."

Statistic 5

"The Asia-Pacific flavored water market is expected to grow at a CAGR of 9.5% from 2021 to 2028."

Statistic 6

"The sparkling flavored water segment was estimated at USD 15.3 billion in 2020."

Statistic 7

"The European flavored water market is expected to grow at a CAGR of approximately 7% from 2021-2026."

Statistic 8

"About 65% of the flavored water market in the US was driven by sugar-free products in 2021."

Statistic 9

"Australia’s flavored water market was valued at USD 165.4 million in 2021."

Statistic 10

"The coconut flavored water segment accounted for a revenue share of over 16.0% in 2020."

Statistic 11

"The online distribution channel of flavored water is expected to enjoy a CAGR of 8.1% from 2021 to 2028."

Statistic 12

"In 2020, the top companies in the sector were Nestle, PepsiCo, The Coca-Cola Company, and Kraft Heinz."

Statistic 13

"In 2018, the US flavored water market was worth nearly $2.3 billion, a 57.2% increase from 2013."

Statistic 14

"In 2019, Nestle Pure Life was the top selling flavored water brand in the US, with sales of 403 million USD."

Statistic 15

"Global functional water market is projected to reach a value of 18.4 billion USD by 2025."

Statistic 16

"The Vitamin-Fortified segment of the functional and flavored water market is predicted to represent nearly 30% of the total market by 2020."

Statistic 17

"In 2020, the offline distribution channel dominated the flavored and functional water market with over 80% of the total revenue share."

The statistics presented indicate a strong growth trajectory for the flavored water industry on a global scale, with significant market value and expansion rates projected across various regions and product segments. Key trends include the rise of plant-based and coconut flavored waters, the dominance of sugar-free products in certain markets, and the increasing popularity of online distribution channels. Major players such as Nestle, PepsiCo, The Coca-Cola Company, and Kraft Heinz continue to lead the market, with ongoing innovations in functional water products driving substantial market value. The industry’s rapid evolution underscores the dynamic nature of consumer preferences and the potential for continued market expansion in the coming years.