According to the latest report by IMARC Group, titled "Packaged Cactus Water Market Report by Product (Plain, Flavored), Distribution Channel (Offline, Online), and Region 2024-2032," the global packaged cactus water market reached a value of US$ 30.5 Million in 2023. 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 16.2% during 2024-2032. .
Market Summary:
- 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 :
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Product, Distribution Channel, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Caliwater LLC, Evissi USA LLC, Lauro Company, Pricklee Superfruit Water, STEAZ (Healthy Beverage LLC), The Cactus Water Co. LLC and True Nopal Ventures LLC |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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