Spring water is potable or drinking water that is sourced from underground aquifers. Aquifers are generally enormous deposits of pristine water that exists across a number of places in the world. Spring water rises through the surface of limestones present in the aquifers and undergoes natural filtration wherein most impurities are removed. Though the spring water exists in nature in the purest of forms, it undergoes a number of treatment processes before it is bottled.
MARKET DYNAMICS
The demand for spring water is gaining traction across the world as the number of consumers who want to have access to the most naturally pure water on earth keeps burgeoning. Earlier spring water was considered a luxury enjoyed by the few; however, with the advent of advanced water treatment processes and proliferation of spring water bottling plants, spring water has started to become a consumer commodity. The easy availability of bottled spring water at supermarkets, hypermarkets, restaurants, and online channels at reasonable prices is anticipated to spur the growth of spring water market in the forecast period. Promotion of spring waters by sports personalities and athletes who claim the health benefits of consuming spring water is expected to create awareness about spring water and further propel the demand for spring waters in the coming years.
MARKET SCOPE
The "Global Spring Water Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the spring water market with detailed market segmentation by type, flavors, packaging, distribution channel, and geography. The global spring water market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading super fruit market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global spring water market is segmented on the basis of type, flavors, packaging, and distribution channel. On the basis of type, the spring water market is segmented into still and sparkling. The spring water market on the basis of flavors is classified into lemon, cherry, lime, orange, peach, pomegranate, raspberry, strawberry, and white grape. Based on packaging, the global spring water market is divided into bottles, pouches, barrels, and others. Based on the distribution channel, the global spring water market is divided into supermarkets and hypermarkets, specialty stores, online, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global spring water market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The spring water market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the spring water market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the spring water market in these regions.
MARKET PLAYERS
The reports cover key developments in the spring water market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the spring water market are anticipated to lucrative growth opportunities in the future with the rising demand for spring water in the global market. Below mentioned is the list of few companies engaged in the spring water market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the spring water market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Blue Mountain Spring Water Inc.
- Cool Spring Beverages Pvt. Ltd
- Creekside Springs, LLC
- English Mountain Spring Water Company
- CG Roxane LLC
- Monadnock Mountain Spring Water Inc.
- Mountain Valley Spring Water
- Nestl? Waters North America Inc.
- Nirvana Spring Water Inc.
- Silver Springs Bottled Water Company
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.