Europe Water Enhancer Market

The Europe water enhancer market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 6.04% during 2023–2031. Growth of the market is attributed to increasing health benefits such as high in antioxidants vitamin C, zero calories, sugar, and gluten free.

Water enhancer with their estimated health benefits creates a great scope in health care sector. Production of beverages in terms of technologies has shifted its dynamics from the last few years as they are available in many forms such as fitness drops, energy, flavored individually containing its unique benefits.

Get Free Sample Report

The demand for quality water in addition with more minerals and taste is rising in countries including Italy, Germany, Spain, France, and some parts of Europe. Thus, major players are focusing more towards implementation of water enhancers. 

In 2018, the demand for non-alcoholic or sugar free beverages has drastically increased due to the imposition of sugar tax in UK. Moreover, the rising health awareness among huge population from France, Germany, and Italy drives the demand for natural and healthy drinks and expected to create lucrative opportunities in the Europe water enhancer market. 

The research report finds that the COVID-19 outbreak has affected various industries and economies globally. Food & beverages industry had to witness a far more disruption than any other industry such as supply chain break down and shortage of raw material failing in feeding the rising demand. China is considered as the global manufacturing hub with an abundance of raw material suppliers. The origin of the pandemic from the country has adversely affected the growth of the market.  

Europe Water Enhancer Market Trends, Drivers, Restraints, and Opportunities

• Rising health concerns in major parts of Europe is one of the major factors in driving the market during the forecast period.

• Increasing demand for good quality of water is anticipated to boost the market in the coming years.

• Lack of strict regulation by authorities, convenient and consumer friendly packaging offered by the players is expected to propel the market during the forecast period.    

• Growing product variation making it available in different forms is expected to spur the market during the projected period.

• High cost of installation of water enhancers expected to hinder the market expansion during the forecast period. 

• Ingestion safety issues act as one of the main factor that is antciapted to hinder the growth of the market in the coming years.

• Lack of consumer awareness about the consumption of certain products is likely to hamper the market expansion. 

Scope of Europe Water Enhancer Market Market

The report on the water enhancer market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Europe Water Enhancer Market Segment Insights

The online retail store segment is estimated to constitute key market share

In terms of distribution channels, the market is fragmented into supermarkets/hypermarkets, convenience stores, online retails store, pharmacy & health store, and others. The online retails store segment is expected to constitute key share of the market in the coming years, owing to concrete establishment in the Europe with the significant growth in e-commerce segment, and availability of wide range of non-alcoholic beverages. However supermarkets/hypermarkets segment is estimated to expand at steady pace due to the availability of products for the consumers on an urgent basis.

Segments

Europe water enhancer market has been segmented on the basis of

Distribution Channels

• Supermarkets/Hypermarkets
• Convenience Stores
• Online Retails Store
• Pharmacy & Health Store
• Others

Geographies

• Spain
• United Kingdom
• France
• Germany
• Italy
• Rest of Europe

Key players

• The Coca-Cola Company
• The Hut.com Ltd
• Pure FlavourGmbh
• The Kraft Heinz Company
• Dyla LLC

Competitive Landscape

Key players competing in the water enhancer market include The Coca-Cola Company; The Hut.com Ltd; Pure FlavourGmbh; The Kraft Heinz Company; and Dyla LLC. Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance,

• In September 2021, The Kraft Heinz Company entered into agreement in acquiring the Brazilian food company hemmer.

• In October 2021, Coca-Cola Company unveils new prototype bottle from 100% plant based sources.