Global sales of flavoured water rose an estimated 4% in 2015 to 7.5bn litres, according to a new report from Zenith International.
By 2021, the market is expected to reach 10bn litres, driven principally by growth in Latin America.
The 2016 Zenith Report on flavoured water innovation identifies ten key themes guiding global innovation and new product development since 2013 – plain water brand extensions, fruit-flavoured, sugar-free, natural positioning, organic positioning, herbs or flowers, transition product, child-oriented, premium positioning and packaging.
Over 65 brand profiles are analysed, offering product images as well as detailed information such as launch date, packaging type and size, pricing, ingredients, variants and marketing.
Other findings of the report include that Latin America is the leading region for flavoured water sales; consumption is highest in the United States, Argentina and Germany, which account for 40% of global volume; and that the top three brands are Villa del Sur Levité and Volvic Touch of Fruit from Danone, followed by Aquarius from Coca-Cola.
Zenith International chairman Richard Hall said: “Flavoured water’s success is drawing on the best of both the plain water and carbonated soft drinks worlds.
“It promotes the taste of carbonates without the calories and the health of water with added interest. It can also command a price premium as well as providing opportunities for faster growth.
“The main areas of innovation are new and more diverse flavours, all natural ingredients and low or no sugar content. Our new report is a valuable guide to anyone already in or considering entry into the flavoured water market, with a view to providing innovation and added value to consumers.”
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