- Ease of access especially through retailing in hypermarkets/supermarkets and advancements in bottled water packaging catalyze sales of products in spring water market; shift from carbonated drinks to healthy non-carbonated beverages expanding lucrative opportunities
- Rise in demand for spring water in convenience stores and rising online retailing underpin enormous avenues in Europe and North America
ALBANY, N.Y., June 27, 2022 /PRNewswire/ -- Growing launch of bottled water that are labelled alkaline, electrolyte-rich, or fortified with added oxygen have led to uptick in demand for products in the spring water market. In-depth insights on the spring water market by a study by TMR underscore the numerous health benefits of products reinforcing vast profitable avenues. The spring water market is forecast to advance at CAGR of 8.3% from 2022 to 2032.
Product sales of spring water market have proliferated in many developed and developing economies, pivoting on the back of strengthening distribution channels. Of note, retailers and manufacturers have garnered increasing revenue gains from the sales of products through hypermarkets and supermarkets. Furthermore, brands in the spring water market are geared toward capturing revenues by industry spending on grocery retail chains across the globe. The market value of spring water in bottled water industry will continue to grow.
The market share for spring water in bottled water industry is rising on the back of robust packaging that improves the shelf-life. Additionally, there is a shift toward portable bottled water to meet the consumer needs of hydration in various countries. Companies in the spring water market are keen on promoting the health and nutritional benefits of bottled water over carbonated beverages. The inclination toward glass bottles will expand the avenues for expansion of the spring water market.
Get PDF Brochure for More Insights – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=84849
Key Findings of Spring Water Market Study
- Bottled Water Manufacturers Emphasize Health Benefits of Spring Water to Propel Demand: Growing awareness of the beneficial effects of mineral water consumption in treatment of various diseases of the gastrointestinal tract has engendered the prospects of the spring water market. Health-conscious populations worldwide are increasingly inclined toward consumption of healthy beverages. This has spurred the shift away from sugary and calorie-laden beverages. On the other hand, the health benefits of natural spring water have attracted them to consume the products for fulfilling their daily hydration needs, which is steering the demand for products in the spring water market.
- Wider Distribution and Supply Leads to Uptick in Sales of Products in Spring Water Market: Food & beverages manufacturers are keenly expanding the offline retail and online chains to boost their distribution of products internationally. The ease of availability is a key underpinning for fillip in sales of products in the spring water market in recent years.
- Advancements in Packaging Attract Consumers: Brands in the spring water are geared toward attracting customers with innovative packaging. Bottled water manufacturers for instance are embracing more of recyclable materials in the primary packaging. Furthermore, the availability of products in various formats is key to boosting the demand.
Get Covid 19 Analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=84849
Spring Water Market: Key Drivers
- Worldwide, bottled water has gathered substantial acceptance among populations in meeting the hydration needs. Together with this trend, there is a perceptible shift in the spring market away from calorie-laden beverages toward healthy mineral water products.
- Product manufacturers are leaning toward varying mineral content and total dissolved solids (TDS) levels and are adopting packaging in variety of formats. These strategies will shape the future development of the spring water market.
Request a Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=84849
Spring Water Market: Regional Growth Dynamics
- Europe held a major share of the global spring water market in 2021. The prominence is mainly attributed to abundant demand for products in Germany and France. Growing awareness about the benefits of spring water has steered lucrative avenues for manufacturers and retailers in the regional market.
- North America has emerged as another lucrative region in the global spring water, found the authors of the in-depth TMR study. Proliferating sales of products through convenience stores and online retail have spurred the revenue growth.
Spring Water Market: Key Players
The TMR study on the spring water market found that relatively few numbers of large-sized bottled water companies control considerable shares. Prominent players include Tata Consumer Products Limited (Himalayan), Premium Waters, Inc., 3 Springs Water Company LLC, Danone (Evian), Coca-Cola (Valpre), Ten Spring Water, Berrington Water, PepsiCo, Nestle S.A., Orient Beverages Pvt. Ltd., CG Roxane, LLC, and Orient Beverages Pvt. Ltd.
Make an Enquiry Before Buying – https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=84849
Spring Water Market Segmentation
- Container Type
- Bottled
- Canned
- Distribution Channel
- Business to Business
- Business to Consumer
- Hypermarkets/Supermarkets
- Specialty Stores
- Online Retail
Regions Covered
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
Countries
- U.S.
- Canada
- Brazil
- Mexico
- Argentina
- Chile
- Germany
- Italy
- U.K.
- France
- Spain
- Russia
- Poland
- India
- Indonesia
- Thailand
- Malaysia
- China
- Japan
- South Korea
- Australia
- New Zealand
- South Africa
Browse More Food & Beverages Market Research Reports by TMR:
Europe Wheat Starch Market - Europe Wheat Starch Market is likely to register a CAGR of 4.4% during the forecast period and is anticipated to reach a Europe wheat starch market share of US$ 3.7 Bn by 2030
PHO Oils Market - PHO Oils Market is likely to register a CAGR of 6.3% during the forecast period and is anticipated to reach a pho oils market share of US$ 45.5 Mn by 2031
Asia Pacific Shrimp Balls Market - Asia Pacific Shrimp Balls Market is likely to register a CAGR of 6.9% during the forecast period and is anticipated to reach a Asia pacific shrimp balls market share of US$ 135 Mn by 2031
Single Cell Protein Market - Single Cell Protein Market is likely to register a CAGR of 9.3% during the forecast period and is anticipated to reach a single cell protein market share of US$ 24.5 Mn by 2030
North America Potato Protein Market - North America Potato Protein Market is likely to register a CAGR of 5.8% during the forecast period and is anticipated to reach a North America potato protein market share of US$ 67.9 Mn by 2031
Fondant Market - Fondant Market is likely to register a CAGR of 3.9% during the forecast period and is anticipated to reach a fondant market share of US$ 774 Mn by 2030
Weight Management Market - Weight Management Market is likely to register a CAGR of 4% during the forecast period and is anticipated to reach a weight management market share of US$ 11.1 Bn by 2030
Energy Supplements Market - Energy Supplements Market is likely to register a CAGR of 6% during the forecast period and is anticipated to reach a energy supplements market share of US$ 25 Bn by 2030
About Transparency Market Research
Transparency Market Research is a company that provides personalised market intelligence solutions, market research reports, and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit our YouTube channel - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact Us:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: [email protected]
Logo: https://mma.prnewswire.com/media/1682871/TMR_Logo_Logo.jpg
SOURCE Transparency Market Research
![](https://rt.prnewswire.com/rt.gif?NewsItemId=IO00641&Transmission_Id=202206270930PR_NEWS_USPR_____IO00641&DateId=20220627)
Share this article