GITNUX MARKETDATA REPORT 2024

Flavored Water Industry Statistics

The flavored water industry is expected to continue its growth trend with increasing popularity among health-conscious consumers.

Statistic 1

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

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Statistic 2

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

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Statistic 3

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

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Statistic 4

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

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Statistic 5

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

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Statistic 6

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

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Statistic 7

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

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Statistic 8

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

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Statistic 9

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

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Statistic 10

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

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Statistic 11

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

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Statistic 12

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

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Statistic 13

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

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Statistic 14

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

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Statistic 15

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

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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."

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Statistic 17

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

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