Plant based water are natural, functional and convenient product that provide nutritional aids without sacrificing taste. Increasing trend for nutritional and performance drinks owing to the evolving dietary habits of positive functional attributes and on-the go consumers will thrive product demand in near future. Aerated drinks and alcoholic beverages are associated with high sugar content which cause obesity, tooth decay, diabetes. Rising trend for naturally sweetened beverage with low calorie will flourish the plant-based water demand by the end of forecast timeframe.
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According to the Graphical Research new growth forecast report titled “Europe Plant - Based Water Market Size & Share by Product, by Flavor Variant, by Pack Type, by Distribution Channel, Regional Outlook, Industry Forecast, 2018 – 2024”, estimated to exceed USD 3.5 billion by 2024.
Segments We Cover:
Europe Plant - Based Water Market by Product
Coconut Water
Maple Water
Birch Water
Artichoke Water
Cactus Water
Others
Europe Plant - Based Water Market by Flavor Variant
Flavored
Original
Europe Plant - Based Water Market by Pack Type
Cans
Bottles
Cartons
Pouches
Europe Plant-Based Waters Market, By Distribution Channel
Online
Retail stores
Cafes & fitness centers
On the contrary, limited time for the consumption of these product after seal break will hinder the plant-based water demand. Moreover, distribution channel for these products are complex than aerated drinks which will impede market growth in near future.
Among the product segments in the Europe plant-based water market, birch and maple products will have high penetration in the plant-based water demand during the forecast timeframe. Rising demand of these products in eastern Europe and Scandinavian will spur product demand in near future. Based on distribution channel the plant-based water demand is segmented as cafes & fitness centers, online platform and retail stores. Retail stores is likely to grow with annual growth exceeding 20% due to high showcased product and provide customers to pick recent manufactured products.
Browse key industry insights along with Table of Content @ https://www.graphicalresearch.com/industry-insights/1110/europe-plant-based-water-market
Nordic countries and United Kingdom together account for over 40% of the overall market share. New technological development in these to collect the tree sap to manufacture plant-based water will boost plant-based water demand in these countries. Moreover, birch sap is mainly harvest in Europe countries including Norway, Denmark, Sweden, Finland and others will boost the product demand by the end of forecast timeframe.
Key Europe plant-based water market participants includes, ARTY Artichoke Water, PepsiCo Inc., The Coca-Cola Company, Oviva Maple Water Company, DRINKmaple, BelSeva, Nordic Koivu, Sibberi, happytree Maple Water and Vertical water.
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Graphical Research
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Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
