North America Bottled Water Market Trends, Size, Share, Growth, Analysis, Forecast to 2028

According to Business Market Insights’ research, The North America Bottled Water Market was valued at US$ 72.02 billion in 2022 and is expected to reach US$ 104.12 billion by 2028, registeringan annual growth rate of 6.3% from 2022 to 2028.Increase in health concerns among consumers and shift in demand from carbonated soft drinks to bottled water are the critical factors attributed to the market expansion.

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The List of Companies 

  1. Danone S.A.
  2. Bluetriton Brands,Inc.
  3. FiJI Water Company LLC.
  4. Gerolsteiner Brunnen Gmbh and Co.Kg.
  5. Nestle S.A.
  6. PepsiCo, Inc.
  7.  RHODIUS mineralquellen und Getranke Gmbh & CO.KG.
  8. The Coca-Cola Company.
  9. Voss of Norway AS.

 Health-Conscious Consumers Fuel North America Bottled Water Market Growth

Consumer preferences in the soft drink industry are undergoing a significant shift, driven by growing health awareness. Individuals are increasingly seeking healthier alternatives to traditional carbonated soft drinks, leading to a surge in demand for bottled water.

Key Market Drivers:

  • Shift to Healthier Options:
    • Consumers are moving away from high-sugar and artificial drinks towards healthier choices.
    • Bottled water is perceived as a healthier alternative to sugary sodas.
  • Concerns about Carbonated Drinks:
    • Carbonated water is associated with potential health issues, including digestive problems, weight gain, and heartburn.
  • Obesity Concerns:
    • The rising prevalence of obesity, both in high and low-income countries, is a major challenge for the soft drink industry.
    • High consumption of sugar-rich soft drinks is a contributing factor.
  • Demand for Flavored and Functional Water:
    • Bottled water companies are focusing on offering flavored and functional water to meet the growing demand for low-calorie and health-enhancing beverages.
    • Consumers are increasingly opting for these options due to rising obesity concerns.
  • Market Shift:
    • The overall shift in consumer demand from carbonated soft drinks to bottled water is substantially driving market growth.

North America Bottled Water Market Outlook:

  • The North America bottled water market is expected to experience a notable Compound Annual Growth Rate (CAGR) during the forecast period.
  • The focus on health and wellness will continue to drive this market.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

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