Plant Based Waters Market worth over $10bn by 2024: Global Market Insights, Inc.

Ocean View, Delaware , June 12, 2017 (GLOBE NEWSWIRE) —

Plant Based Water Market share will cross USD 10 billion by 2024; according to a new research report by Global Market Insights, Inc. Sedentary lifestyles and the rising appetite for natural and healthy drinks are the key factors spearheading the growth of plant-based waters market over the forecast timespan.

The rising health issues due to the consumption of carbonated drinks have accelerated the growth of the market. Problems associated with the intake of carbonated drinks include heart diseases, obesity, diabetes, cancer, digestion issues, tooth decay, etc. The product is an alternative to artificially sweetened beverages which will upscale the demand for the product between 2017 and 2024.

Trend of healthy hydration has gained momentum over the past few years. The nutritive contents of the alternative waters will broaden the prospects of the product market in future. Attractive packaging by manufacturers is also one of the major factors contributing to the popularity of the product. The manufacturers have leveraged the innovative technology and are continuously developing striking packaging solutions. The growing packaging industry will leave a positive impact on the product market as there are frequent innovations in this industry to preserve the waters for an extended period.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1318

The factor which can hinder the market growth is the short consumption duration after opening of the packed product. Every product has different life span for which it can be consumed. The alternative waters require cold chains to refrigerate them so that their shelf life can be extended. Also, the lack of awareness among the consumers of the latest trends in beverage industry can impede the growth of the market.

The market is experiencing increased sales of alternative waters such as cactus water, bamboo water, olive water, etc. Maple water and birch water are the new buzzwords in the beverage market. Maple water is projected to cross a revenue of USD 0.9 billion by 2024 and its market will continue to expand at a robust rate. Bottles constitute a significant part of packaging of plant-based waters and are expected to rise with a CAGR of 20.2 %.

Browse key industry insights spread across 225 pages with 256 market data tables & 12 figures & charts from this 2017 report Plant-based Waters Market in detail along with the table of contents:

https://www.gminsights.com/pressrelease/plant-based-waters-market

Cafes & fitness centers have become increasingly popular in today’s era, which will drive the market for the product. The rising obese population in North America will bring profit to the manufacturers of the product due to the increased sales. There is an enormous potential to tap the coconut water market in Middle East and Africa, but the price and sourcing can obstruct the market in the region.

The plant-based waters market structure is fragmented in nature with most of the players sprung up from U.S., U.K., Finland, Denmark, Russia and other European countries. Local companies are trying to establish footprints in the international markets. Some of the key companies include DRINKmaple, Sibberi, Caliwater LLC, Happy Tree Group, PepsiCo Inc., Harmless Harvest, World Waters, LLC, Steaz, ARTY Water Company, The Coca-Cola Company, All Market Inc., DrinkSEVA and Oviva Maple Water Company.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1318


Browse Related Reports:

  • Frozen Bakery Market Size 2017 – 2024

Frozen Bakery Market size was over USD 14 billion in 2016 and is estimated to witness growth at a rate of 8.8% over the projected time span. Frozen bakery market will register a noticeable growth during the forecast period. Increasing demand for processed food products coupled with consumers’ shift of preference toward bakery goods is likely to augment the demand for frozen bakery products.

https://www.gminsights.com/industry-analysis/frozen-bakery-market

  • Spices & Seasonings Market Size 2017 – 2024

Spices & Seasonings Market size is mainly driven by rising demand for traditional food products and changing dietary habits of people across the world. Rapid increase in convenience & frozen industry and usage of product as a key ingredient in various cuisines globally will contribute to the growth of industry.

https://www.gminsights.com/industry-analysis/spices-and-seasonings-market


About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]
Web: https://www.gminsights.com
Blog: https://www.gminsights.com/blogs
Connect with us: Facebook | Google+ | LinkedIn | Twitter

Leave a Reply

Your email address will not be published. Required fields are marked *