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Bottled Mineral Water Market Size 2024 to 2031.

04-08-2024 12:24 AM CET | Arts & Culture

Press release from: Report Prime

Market Overview and Report Coverage

Bottled mineral water refers to drinking water that contains various minerals, such as calcium, magnesium, and potassium, which are beneficial for health. The market for bottled mineral water has been experiencing steady growth due to increasing health consciousness among consumers, growing concerns about water contamination, and the convenience of portable water bottles.
In the current scenario, the bottled mineral water market is witnessing growing demand, especially in urban areas where access to clean drinking water is limited. The market is also benefiting from the trend of people preferring bottled water over sugary beverages. Additionally, advancements in packaging technologies, such as eco-friendly bottles, are further driving market growth.
Looking towards the future, the bottled mineral water market is projected to continue its growth momentum, with a forecasted CAGR of 6.50% during the period. Factors such as rising disposable income, changing lifestyle patterns, and increasing awareness about the health benefits of mineral water are expected to fuel market growth. Moreover, the market is likely to witness innovations in product offerings, such as flavored mineral water and fortified mineral water, catering to diverse consumer preferences. Overall, the bottled mineral water market holds promising prospects for the coming years.

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Market Segmentation
The Bottled Mineral Water Market Analysis by types is segmented into:
• Natural Mineral Water
• Artificial Mineral Water

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Natural mineral water comes from underground sources and is naturally enriched with minerals. It is considered to have health benefits due to its mineral content and purity. Artificial mineral water, on the other hand, is processed water where minerals are added artificially. It may not have the same health benefits as natural mineral water. Both types of water are popular in the market, with consumers choosing based on their preferences for naturalness and health benefits.

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The Bottled Mineral Water Market Industry Research by Application is segmented into:
• Hypermarkets and Supermarkets
• Convenience Stores
• Grocery Stores
• Online Retailers
• Others

The bottled mineral water market finds applications in various retail channels such as hypermarkets and supermarkets, convenience stores, grocery stores, online retailers, and other miscellaneous outlets. Hypermarkets and supermarkets offer a wide range of brands and varieties, while convenience stores cater to on-the-go consumers. Grocery stores target regular shoppers looking for convenience. Online retailers provide easy access and delivery options, and other outlets include vending machines, airports, and hotels. These diverse channels provide consumers with ample choices and convenience in purchasing bottled mineral water.

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In terms of Region, the Bottled Mineral Water Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Bottled Mineral Water market?
The global bottled mineral water market is witnessing several emerging trends, including the rising demand for premium and flavored mineral water products, increasing awareness about the health benefits of mineral water, the growing popularity of eco-friendly packaging options, and the emphasis on sustainability in production and distribution processes. Other trends include the expansion of distribution channels through e-commerce platforms and the introduction of innovative packaging designs that enhance convenience and portability for consumers. Additionally, market players are focusing on developing new product offerings with added functional ingredients to cater to changing consumer preferences and dietary requirements.

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Major Market Players
Among the competitive bottled mineral water market players listed, Nestlé and Coca-Cola are two of the most well-known and dominant companies in the industry.
Nestlé, the Swiss multinational food and drink company, has a long history of providing high-quality bottled water under brands like Perrier, S.Pellegrino, and Nestlé Pure Life. Nestlé has seen steady market growth over the years, expanding its presence globally and establishing itself as a trusted name in the bottled water segment. In 2020, Nestlé Waters reported sales revenue of approximately $7.6 billion.
On the other hand, Coca-Cola, the American multinational beverage corporation, also has a strong foothold in the bottled water market with brands like Dasani and Smartwater. Despite facing competition from other players, Coca-Cola has maintained its market share and continued to see growth in sales revenue. In 2020, Coca-Cola's water segment reported sales revenue of around $11.52 billion.
Another notable player in the bottled mineral water market is Danone, the French multinational food-products corporation. Danone has built a strong portfolio of water brands like Evian and Volvic, catering to different consumer segments. With a focus on sustainability and health-conscious consumers, Danone has been able to drive market growth and increase its market size over the years. In 2020, Danone's water segment reported sales revenue of approximately $4.3 billion.
Overall, the bottled mineral water market is fiercely competitive, with key players like Nestlé, Coca-Cola, and Danone leading the way with their strong brand presence, innovative products, and global reach. Despite challenges posed by changing consumer preferences and environmental concerns, these companies continue to drive growth and maintain their positions in the market.

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Email: sales@reportprime.com

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