Cactus Water Market to be Dominated by Organic Segment During the Forecast Period
Rising popularity of cactus water among athletes and fitness
enthusiasts is due to its health advantages, boosting athletes' performance,
and repairing muscle tissues to drive the global cactus water market.
According to TechSci
Research report, “Cactus Water Market– Global Industry Size, Share,
Trends, Competition, Opportunity, and Forecast, 2017-2027F” Global cactus water market is forecast
to grow at impressive rate on account of health benefits of cactus water. The
juice derived from the cactus plant's pads is known as cactus water. The
succulent plant known as the cactus is a member of the Cactaceae family. One of
the many advantages of cactus plants is their high-water content. Electrolytes
and vitamin content in cactus water make it a healthy option for hydration. It
has anti-inflammatory properties and is a good source of antioxidants.
Alcoholic beverages and medicines are both made with them. There are two types
of cactus water: pure cactus water and mixed cactus water.
The rising level of public
health consciousness is driving the global market. Additionally, the market
growth is being boosted by consumers' growing preference for ready-to-drink
(RTD) and convenience beverages. Taurine, an amino acid that helps improve
athletic performance and repair muscle tissues, is one of the main reasons
cactus waters is becoming so popular among athletes and fitness enthusiasts.
People consume it to lessen liver damage, control blood pressure, boost
immunity, and enhance bone and digestive health. Other significant
growth-inducing factors include a variety of product innovations, such as the
introduction of packaged cactus water in novel flavors like lime, watermelon,
strawberry, pineapple, and star fruit.
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The Cactus Water Market is segmented based on the product type, nature, packaging
cans, distribution channel, region, and competitive landscape.
On the basis of product type,
the global cactus water market is segmented into plain and flavored. Among
these, the flavored cactus water has dominated the largest market share in 2021.
Consumers all over the world are becoming more and more interested in flavor-enhanced
cactus water. The prickly pear fruit has a mild, berry-like flavor by nature.
As a result, it pairs well with many fruits. Therefore, increasing the demand
for cactus water flavors drives the market's growth.
On the basis of nature, the
global cactus water market is segmented into organic and conventional. Among
these, the organic segment held the largest share in the global cactus water
market in 2021. Consumers prefer the organic form because the pure form means
no chemicals are added to the water. Hence, organic cactus water fuels the
market growth of the cactus water market.
On the basis of packaging, the
global cactus water market is segmented into cans, bottles and Others. Among
these, the cans segment held the largest share in the global cactus water
market in 2021. Cans are easy to carry in traveling and take a small place than
bottles. Hence, canned cactus water propels the growth of the global cactus
water market.
On the basis of distribution
channel, the global cactus water market is segmented into supermarkets/hypermarkets,
convenience stores, online and others. Among these, Supermarkets/Hypermarkets
held the largest market share in the global cactus water market in 2021. The
primary product distributors in every country are supermarkets and
hypermarkets. These retail establishments provide a variety of goods under one
roof, attractive offers, discounts, and other incentives. These attributes of
supermarkets and hypermarkets have encouraged customers to use this
distribution channel for their purchases.
In terms of region, the
global cactus water market is segmented into North America, Europe,
Asia-Pacific, MEA and South America. Among these, the North America held the
largest share in the global cactus water market in 2021. The area is
characterized by changing consumer preferences, an increase in overweight
people, and rising spending on wellness, nutrition, and health products. Hence,
changing consumer spending drives the growth of the global cactus water market.
Key market players in Cactus
Water Market include:
- Pricklee LLC
- True Nopal Ventures LLC
- The Cactus Water Co. LLC
- CALIWATER, LLC
- The Lauro Company LLC
- Healthy Beverage, LLC.
- EVISSI USA LLC
- Aqua Amore Limited
- Good Idea Inc
- Keurig Dr. Pepper
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“Technological advancements that enable
efficient production, an expanding product portfolio, sophisticated design and
packaging, effective operational maintenance, and sales monitoring are the key
growth drivers for the Cactus Water market. The market for cactus water
will be constrained over the forecast period by factors such as adhering to strict
rules and disparate standards around the world, increasing competition,
inflation that is predicted to stay above the upper band in key countries over
the short term, and fluctuating raw material prices.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based global management
consulting firm.
“Cactus
Water Market, - Global Industry Size, Share, Trends, Opportunity, and
Forecast 2017-2027 Segmented By Product Type (Plain Vs. Flavored), By Nature
(Organic Vs. Conventional), By Packaging (Cans, Bottles, and Others), By
Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online and
Others), By Region, By Competition, has evaluated the future growth potential of cactus
water market globally and provides statistics and information on
market structure, size, share, and future growth. The report provides
cutting-edge market intelligence and helps decision-makers to make sound
investment decisions. Besides, the report also identifies the emerging trends
along with essential drivers, challenges, and opportunities present in the cactus
water market worldwide.
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