According to the latest report by IMARC Group, titled "Packaged Cactus Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global packaged cactus water market reached a value of US$ 25.7 Million in 2022. Packaged cactus water is a functional beverage that is extracted from the prickly pear fruit. It is characterized by a sweet taste and consists of low calories and sugar content. This plant-based drink is a rich source of taurine, an amino acid, that aids in repairing muscle tissues and improving athletic performance. It is also rich in electrolytes, antioxidants, flavonoids, and minerals, such as magnesium and potassium. Consequently, its consumption aids in boosting the body’s hydration, improving skin health, reducing inflammation, and minimizing the risks of developing cardiovascular diseases. Apart from this, cactus water can also be used in the formulation of several skincare products to enhance skin health.
Global Packaged Cactus Water Market Trends:
The global market is primarily driven by the growing health consciousness among individuals. With rapid urbanization and the inflating disposable income levels of the masses, there has been a shifting preference toward convenience beverages across the globe. The increasing awareness regarding the health benefits offered by cactus water has also contributed to its widespread popularity among athletes and fitness enthusiasts, thereby providing an impetus to the market growth. Moreover, since the product can be stored for an extended period of time without refrigeration, it is gaining widespread prominence across the globe. The market is further driven by the launch of diverse flavored variants in the market to cater to the evolving preferences of the masses. Some of the other factors contributing to the market growth include easy product availability across the online and offline organized retail, the launch of organic product variants and the aggressive promotional activities conducted by the product manufacturers via online social media platforms. On account of the aforementioned factors, the market is expected to grow at a CAGR of 18.7% during 2023-2028. .
- On the basis of the product, the market has been bifurcated into plain and flavored.
- Based on the distribution channel, the market has been divided into offline and online.
- On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Caliwater LLC, Evissi USA LLC, Lauro Company, Pricklee Superfruit Water, STEAZ (Healthy Beverage LLC), The Cactus Water Co. LLC, and True Nopal Ventures LLC.
Report Scope :
|Base Year of the Analysis
||Product, Distribution Channel, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Caliwater LLC, Evissi USA LLC, Lauro Company, Pricklee Superfruit Water, STEAZ (Healthy Beverage LLC), The Cactus Water Co. LLC and True Nopal Ventures LLC
||10% Free Customization
|Report Price and Purchase Option
||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support
||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800