Flavored Water Market Worth $29.56 Billion by 2028

Increasing consumer preference for healthy alternatives to sugary soft drinks is the major factor driving the market growth.
Increasing consumer preference for healthy alternatives to sugary soft drinks is the major factor driving the market growth.

The global flavored water market size is expected to reach $29.56 billion by 2028, registering a CAGR of 10.3% over the forecast period, according to a report by Grand View Research, Inc.

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Increasing consumer preference for healthy alternatives to sugary soft drinks is the major factor driving the market growth.

The sparkling product segment dominated the market with the largest revenue share in 2020. The sparkling waters with added benefits of fruits and herbs have a high demand, as it is a healthy alternative to fizzy drinks.

In 2020, the supermarkets and hypermarkets distribution channel held the largest revenue share of the market. 

Key players of the flavored water market include:

  • Nestle

  • Talking Rain

  • PepsiCo, Inc.

  • The Coca-Cola Company

  • Hint, Inc.

  • Spindrift

  • National Beverage Corp.

  • Sanpellegrino S.P.A.

  • KeurigDr Pepper, Inc.

  • Saratoga Spring Water Company

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