The Mineral Water Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.
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Scope of the Report of Mineral Water
Mineral water is a water collected from a mineral spring containing various minerals, such as salts and sulfur compounds. It is usually still or sparkling according to the presence or absence of added gases. Mineral waters were used or consumed at spring sources, which is often referred to as "taking the waters" or "taking the cure," at places such as spas, baths, or wells. Now a days it is common for mineral water to be bottled at the source for distributed consumption.
On August 2019, Nestle has launched bottled water brand Nestle `Pure Lifeâ€™. It is launched in 1-litre pack and priced at Rs 12, the product comes with a unique tamper-evident 3-D hologram seal.
Major Players are:
Danone (France),Nestle (Switzerland),Coca-Cola (United States),Bisleri International (India),Suntory Water Group (United States),Eden Springs (Switzerland),Ferrarelle (Italy),Hildon (United Kingdom),Nongfu Spring (China),Wahaha (China),Ganten (Liechtenstein),
NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
The titled segments and sub-section of the market are illuminated below:
Type (Natural Mineral Water, Man-made Mineral Water), Origin of product (Domestic, Imported), Packaging (Bottled, Cans, Others), Distribution channel (Hypermarkets & Supermarkets, Convenience Stores, Grocery Stores, Online Retailers, Others)
Consumers Switching from Carbonated Drinks to Healthier Alternatives
Higher Content of Minerals is Fuelling the Market
Increase in Public Awareness about the Health Issues
Restrictions Against Improper Disposal of Plastic Bottles
Growing Acceptance of Premium Bottled Water
Years considered for this report:
- Historical Years: 2015-2020
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2021-2026
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What are the market factors that are explained in the Mineral Water Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Questions Answered in the Report:
- How much is the Mineral Water MarketWorth?
- What is the Growth Rate of the Mineral Water Market?
- Which Segment ofthe Mineral Water to Hold the Highest Market Share?
- Which Segment ofthe Mineral Water Market to Witness Fastest Growth Rate?
- Which Region to Hold the Biggest Market Share?
- Who are the Key Players of the Mineral Water Market?
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