Latin America Flavored Water Market

Latin America Flavored Water Market Size (2024 To 2029)

The Latin American flavored water market is estimated to be worth USD 0.29 billion by 2029 from USD 0.20 billion in 2024, growing at a CAGR of 7.85% from 2024 to 2029. The Latin America Flavored Water market is developing at an exceptionally quick pace.

The functional water is made from Flavored water and prepared using herbs, crude products of the soil and oxygen. Flavored water is a blend of mineral water, different organic product juices concentrations, (for example, pineapple, blackberry, mango, apple, strawberry, orange and others), normal sweeteners and artificial sweeteners. These added substances and cancer prevention agents give additional healthful advantages to functional water. Developing health concerns has prompted the move from carbonated or simulated soda pops to better options including Flavored and functional water.

MARKET DRIVERS AND RESTRAINTS

There are many options available for Flavored water. Increasing awareness of obesity and about healthy lifestyle among population is expected to remain the key force governing the growth of the functional water market.   Reduced switching costs and health benefits are primary reasons for the popularity of functional water. Also there are many flavors and options available are driving the market. Though prices of these functional and Flavored water are more than others, increasing income are able to compensate for that.  Campaigns against use of plastic has limited the growth of this industry.

This research report on the Latin American flavored water market has been segmented and sub-segmented based on the following categories.

Latin America Flavored Water Market By Type

• Flavored water
• Functional water

Of these, functional water is expected to grow at a better pace as more people are inclining to healthier drinks instead of ordinary water/beverages.

Latin America Flavored Water Market By Region 

• Brazil
• Mexico
• Argentina
• Chile
• Rest of Latin America

The market is anticipated to keep thriving in both created and creating districts. The development is additionally credited to the developing interest in Flavored and functional water.

KEY MARKET PLAYERS

Major key players in the Latin America flavored water market are Hint Water, Kraft Foods, Balance Water Company, Nestle Water, Herbal Water, PepsiCo, The Coca-Cola Company, Groupe Danone, New York Spring Water, and Sunny Delight Beverage Company