Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 304.29 Billion | USD 534.18 Billion | 5.8% | 2023 |
According to the report published by Zion Market Research, the global Packaged Natural Mineral Water market was valued at USD 304.29 Billion in 2023 and is predicted to reach USD 534.18 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.8% during the forecast period. The report analyzes the global Packaged Natural Mineral Water Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Packaged Natural Mineral Water market.
Natural mineral water is procured from either natural or bored sources from water possessing strata beneath the crust of the earth’s surface. The water is collected in such a way that it ensures essential microbiological purity along with existing chemical composites of key water constituents. The natural mineral water is then packaged near to the emergence source point with specific hygienic precautions without being subjected to any kind of treatment.
The packaged natural mineral water market is likely to gain traction over the years to come, owing to the beneficial effects on the health of the individuals who consume it. Apart from this, the product contains calcium, magnesium, and potassium that help improve the digestion process. In addition to this, a consistent intake of packaged natural mineral water improves the skin sheet due to its skin friendly silica particle content, which helps trigger collagen production. Moreover, the intake of the product also aids in preventing pain & inflammation due to arthritis. All these aforementioned factors will boost business growth trends.
Furthermore, massive awareness about the health benefits of packaged miner water ingestion among health conscious individuals will rapidly proliferate the prominent surge of the industry in the coming years. It appears that a rise in the popularity of premium goods, such as packaged flavored still natural mineral water and packaged flavored sparkling natural mineral water, is more likely to have an impact on industry growth. With vendors focusing more on manufacturing environment friendly and innovative packaging for consumers, market growth is anticipated to gain momentum in the coming decade. The government across the globe is promoting the use of the product with a massive focus on the health & wellness of its citizens.
Moreover, many of the product recalls have resulted in monetary constraints for dealers and manufacturers, along with increased operational costs. This has also tarnished the image of the brand among consumers. This aspect can retard market growth over the coming years.
The packaged natural mineral water market can be segmented into distribution channels and end-users.
Based on the distribution channel, the market can be segregated into supermarkets, convenience stores, hypermarkets, and discount stores.
On the basis of end-user, the packaged natural mineral water industry can be divided into residential and enterprise sectors.
Report Attributes | Report Details |
---|---|
Report Name | Packaged Natural Mineral Water Market |
Market Size in 2023 | USD 304.29 Billion |
Market Forecast in 2032 | USD 534.18 Billion |
Growth Rate | CAGR of 5.8% |
Number of Pages | 219 |
Key Companies Covered | VEEN Waters, The Coca Cola Company, PepsiCo, Tata Global Beverages, Nestle S.A., Danone S.A., and Hangzhou Wahaha Group Co. Ltd |
Segments Covered | By distribution channel By end-user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The European region is projected to dominate the overall market growth over the forthcoming years, owing to escalating demand for the product in the countries such as Belgium, UK, France, and Germany. Furthermore, the Latin American market is slated to record massive gains over the estimated timeframe. high level of health consciousness among the population of the region will contribute towards the regional market surge.
Additionally, North America and the Asia Pacific are projected to make lucrative contributions towards the overall industry revenue in the coming years.
few of the main participants in packaged natural mineral water market are
By Distribution Channel
By End-User
FrequentlyAsked Questions
Natural mineral water is procured from either natural or bored sources from water possessing strata beneath the crust of the earth’s surface.
The packaged natural mineral water market is likely to gain traction over the years to come, owing to the beneficial effects on the health of the individuals who consume it. Apart from this, the product contains calcium, magnesium, and potassium that help improve the digestion process.
According to a study, the global Packaged Natural Mineral Water Industry size was $304.29 Billion in 2023 and is projected to reach $534.18 Billion by the end of 2032.
The global Packaged Natural Mineral Water market is expected to grow at a CAGR of 5.8% during the forecast period.
The European region is projected to dominate the overall market growth over the forthcoming years, owing to escalating demand for the product in the countries such as Belgium, UK, France, and Germany. Furthermore, the Latin American market is slated to record massive gains over the estimated timeframe.
few of the main participants in packaged natural mineral water market are VEEN Waters, The Coca Cola Company, PepsiCo, Tata Global Beverages, Nestle S.A., Danone S.A., and Hangzhou Wahaha Group Co. Ltd
The global Packaged Natural Mineral Water market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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